Financial news on June 21st, 2006

Business and Financial news
Carrying Your Digital Life on a Keychain

My review of Lexar's PowerToGo software, which lets you install Windows programs onto a flash drive, prompted many responses from readers. Read more..

By DAVID POGUE - The New York Times

Condos, Not Garrets, in West Chelsea

In West Chelsea, a commercial condominium that will let galleries buy their space could help keep them from getting priced out. Read more..

By C. J. HUGHES - The New York Times

Deal by BP Venture Tightens Russia's Grip on Oil Industry

A joint venture of BP in Russia sold oil fields in a way that allowed Rosneft, Russia's state-run energy company, to take them over. Read more..

By ANDREW E. KRAMER - The New York Times

Drug Prices Up Sharply This Year

AARP said drug prices jumped 3.9 percent, four times the general inflation rate during the first quarter of this year. Read more..

By MILT FREUDENHEIM - The New York Times

French Want More Say in Management of EADS

The move, which comes amid growing management turmoil at EADS, could set the stage for a clash with the German government. Read more..

By NICOLA CLARK - The New York Times

Ratings Cut on G.M. Debt in Response to Loan Plan

G.M.'s debt rating was cut further into junk status Tuesday after the company announced a plan to refinance $5.6 billion in loans. Read more..

By NICK BUNKLEY - The New York Times

Russian Suitor Offers to Buy a Little Less of Arcelor

In an effort to salvage a deal, Russian billionaire Aleksei Mordashov changed the terms under which he would buy a stake in the steel giant Arcelor. Read more..

By HEATHER TIMMONS - The New York Times

Windows Live Executive Leaves Microsoft

Microsoft said Tuesday that Martin Taylor, vice president in charge of marketing Windows Live services, had left the company. Read more..

By BLOOMBERG NEWS - The New York Times

World Business Briefing: Americas, Europe and Asia

<p>AMERICAS. Read more..

IAN AUSTEN (NYT) - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Oracle Corp.ORCL14,2914,9014,2814,5358.3M
Cisco SystemsCSCO19,7620,4219,7620,0748.8M
General ElectricGE33,8333,8933,4433,6731M
HP Inc.HPQ32,9534,0432,9233,7423M
AT&T Inc.T27,5827,6027,2027,3322.5M
Verizon CommunicationsVZ32,8633,2332,7332,8719.1M
JPMorgan ChaseJPM40,1341,4640,1041,2115.2M
Walt Disney & Co.DIS29,1729,7529,0429,1311.7M
Wal-Mart StoresWMT48,3549,0048,3048,909.97M
Procter & GamblePG55,5256,1955,4655,828.7M
Home DepotHD36,3236,8736,3236,668.61M
Bristol-Myers SquibbBMY25,5625,9725,5325,727.21M
Abbott LaboratoriesABT42,2642,5642,1942,277.06M
Johnson & JohnsonJNJ61,5061,9061,5061,797M
UnitedHealth GroupUNH43,5044,6043,5044,075.71M
International Business MachinesIBM77,9978,5677,9878,305.56M
Wells Fargo & Co.WFC66,4867,2466,4666,643.88M
Gilead SciencesGILD55,4956,6655,3056,013.84M
United TechnologiesUTX60,7062,0360,6161,493.39M
Union PacificUNP87,5590,3087,4989,951.78M
Berkshire HathawayBRK.B3070,003085,003067,003084,0022.7K
Exchange Rates of June 21st, 2006
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 114,810 JPY1 JPY = 0,009 USD
US DollarCanadian Dollar1 USD = 1,108 CAD1 CAD = 0,903 USD
US DollarSwiss Franc1 USD = 1,233 CHF1 CHF = 0,811 USD
US DollarChinese Yuan1 USD = 7,999 CNY1 CNY = 0,125 USD
EuroJapanese Yen1 EUR = 145,390 JPY1 JPY = 0,007 EUR
EuroPound Sterling1 EUR = 0,686 GBP1 GBP = 1,458 EUR
EuroAustralian Dollar1 EUR = 1,712 AUD1 AUD = 0,584 EUR
EuroCanadian Dollar1 EUR = 1,403 CAD1 CAD = 0,713 EUR
EuroSwiss Franc1 EUR = 1,562 CHF1 CHF = 0,640 EUR
Pound SterlingAustralian Dollar1 GBP = 2,495 AUD1 AUD = 0,401 GBP
Pound SterlingCanadian Dollar1 GBP = 2,045 CAD1 CAD = 0,489 GBP
Pound SterlingSwiss Franc1 GBP = 2,276 CHF1 CHF = 0,439 GBP
Australian DollarCanadian Dollar1 AUD = 0,819 CAD1 CAD = 1,221 AUD
Australian DollarSwiss Franc1 AUD = 0,912 CHF1 CHF = 1,097 AUD

See what else happened on June 21st, 2006