Financial news on June 22, 2006

Business and Financial news
3 Oil Firms May Alter Gulf Leases

Executives from Royal Dutch Shell, Chevron and ConocoPhillips indicated that they might be willing to give up sizable taxpayer subsidies. Read more..

By EDMUND L. ANDREWS - The New York Times

Arthur Wood, Executive, 93, Who Led Sears, Dies

Arthur M. Wood oversaw the completion of the company's tower in Chicago even as the chain's domination of the American retail market was eroding. Read more..

By JAD MOUAWAD - The New York Times

A Way to View 'Desperate Housewives' While Cruising the Nile

Shows from a home TV can be seen anyplace with high-speed access, but don't expect HDTV-quality pictures. Read more..

By ERIC A. TAUB - The New York Times

Canada Urged to Scrutinize Media Mergers

A committee of Canada's Senate also recommended that the government-owned CBC end commercials on its TV networks and stop sports programming. Read more..

By IAN AUSTEN - The New York Times

CareerBuilder to Sell Stake, and Suitors Aren't Shy

Portions of, a job recruitment Web site, are up for grabs among several newspaper companies trying to piggyback on its success. Read more..

By KATHARINE Q. SEELYE - The New York Times

Must Click Off Now, I Need My Cursor Back

Sony's new MouseTalk won't allow you to talk to your computer, but it will let you talk to your friends over the Internet. Read more..

By STEPHEN C. MILLER - The New York Times

Paulson to Sell His Goldman Shares

By Bloomberg News. Read more..

By BLOOMBERG NEWS - The New York Times

Suitors Circle Hong Kong Company's Assets

A bidding war has broken out over some assets of PCCW, one of Hong Kong's biggest telecommunications and media companies. Read more..

By DAVID BARBOZA - The New York Times

Which New DVD Format? Neither Just Yet

Welcome to your one-stop information resource about the next generation of home movie equipment! Read more..

By DAVID POGUE - The New York Times

Would You Say That to Somebody's Face? You Can, With Voice and Video Messaging

The Microsoft LifeCams is one of the first Webcams that bear Microsoft's name. Read more..

By ERIC A. TAUB - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Oracle Corp.ORCL14.6214.7014.2514.3348.9M
Cisco SystemsCSCO20.1320.2319.5419.6941.4M
General ElectricGE33.2733.4633.1433.2425.3M
HP Inc.HPQ33.6233.9432.9432.9720.1M
AT&T Inc.T27.3427.4427.1327.2914.1M
Verizon CommunicationsVZ32.8733.2332.7432.7413.2M
JPMorgan ChaseJPM41.1241.6741.0041.0710.5M
Home DepotHD36.7236.9536.3636.4810.1M
Walt Disney & Co.DIS29.1329.5129.0729.289.55M
Wal-Mart StoresWMT48.7149.1948.2748.488.47M
Johnson & JohnsonJNJ61.1562.0060.9261.187.81M
Bristol-Myers SquibbBMY25.6925.7525.2625.637.49M
Abbott LaboratoriesABT42.2742.4541.8542.047.09M
Procter & GamblePG55.6355.9255.5255.856.12M
UnitedHealth GroupUNH44.2045.2044.2044.435.79M
International Business MachinesIBM78.1678.3777.0077.195.56M
Wells Fargo & Co.WFC66.2766.5566.0566.413.14M
Gilead SciencesGILD55.7156.6654.7554.952.8M
United TechnologiesUTX61.4962.1660.9061.892.72M
Union PacificUNP89.9590.8288.5789.711.13M
Berkshire HathawayBRK.B3087.003087.003060.503066.0012K
Exchange Rates of June 22, 2006
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 116.110 JPY1 JPY = 0.009 USD
US DollarCanadian Dollar1 USD = 1.118 CAD1 CAD = 0.895 USD
US DollarSwiss Franc1 USD = 1.243 CHF1 CHF = 0.805 USD
US DollarChinese Yuan1 USD = 7.996 CNY1 CNY = 0.125 USD
EuroJapanese Yen1 EUR = 145.960 JPY1 JPY = 0.007 EUR
EuroPound Sterling1 EUR = 0.688 GBP1 GBP = 1.454 EUR
EuroAustralian Dollar1 EUR = 1.713 AUD1 AUD = 0.584 EUR
EuroCanadian Dollar1 EUR = 1.405 CAD1 CAD = 0.712 EUR
EuroSwiss Franc1 EUR = 1.562 CHF1 CHF = 0.640 EUR
Pound SterlingAustralian Dollar1 GBP = 2.491 AUD1 AUD = 0.401 GBP
Pound SterlingCanadian Dollar1 GBP = 2.043 CAD1 CAD = 0.490 GBP
Pound SterlingSwiss Franc1 GBP = 2.272 CHF1 CHF = 0.440 GBP
Australian DollarCanadian Dollar1 AUD = 0.820 CAD1 CAD = 1.220 AUD
Australian DollarSwiss Franc1 AUD = 0.911 CHF1 CHF = 1.097 AUD

See what else happened on June 22, 2006