Financial news on May 22, 2006

Business and Financial news
Addenda

Accounts. Read more..

By THE NEW YORK TIMES - The New York Times

A Do-It-Herself Trend at the Big-Box Stores

In 2003, a purchaser of a kitchen cabinet was far more likely to be a man, but in 2005, such a buyer was almost as likely to be a woman. Read more..

By ALEX MINDLIN - The New York Times

An Online Market Blooms for Video Clip Reruns

ClipSyndicate gives local television stations a place to sell old news clips and share in advertising revenue that may follow. Read more..

By BOB TEDESCHI - The New York Times

Asian Officials Call Bausch Slow to React

Singapore established a link between ReNu With MoistureLoc and eye fungus infections three months before the solution was recalled. Read more..

By KEITH BRADSHER and WAYNE ARNOLD - The New York Times

A Weinstein Will Invest in Exclusivity

The Weinstein Company has invested in aSmallWorld, an online community where invitations to join are difficult to come by. Read more..

By MARIA ASPAN - The New York Times

No Restful Sabbatical for Journalism Fellows

Of the seven Knight fellows who came to Stanford from American dailies, five worked at papers where buyouts were offered, and two had papers sold out from under them. Read more..

KATHARINE Q. SEELYE - The New York Times

NYSE Group Aims to Buy European Exchange

The NYSE Group agreed to make an offer to acquire Euronext, creating the first trans-Atlantic market. Read more..

By JENNY ANDERSON and HEATHER TIMMONS - The New York Times

Question: Who Is MediaNews's Dean Singleton?

MediaNews Group's executive sees a prosperous future for newspapers in a Web-based world, and he is making The San Jose Mercury News a testing ground. Read more..

By KATHARINE Q. SEELYE - The New York Times

Stock Offerings This Week

The following equity and convertible debt offerings are expected this week:. Read more..

By THE NEW YORK TIMES - The New York Times

With the Resurgence of the TV Drama, Ad Buyers Look Longer Before Leaping

At stake is an estimated $9 billion that advertisers agree to spend on fall shows each spring during the so-called upfront market. Read more..

By STUART ELLIOTT - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Microsoft MSFT 22.48 23.02 22.45 22.88 87.3M
Intel INTC 18.13 18.45 17.97 18.01 84.6M
Cisco Systems CSCO 20.62 20.89 20.50 20.60 55.3M
Oracle Corp. ORCL 13.53 13.72 13.50 13.55 29.4M
Pfizer PFE 23.72 24.14 23.70 23.72 28.3M
General Electric GE 34.05 34.36 34.02 34.07 26.7M
Apple AAPL 63.87 63.99 62.77 63.38 25.7M
ExxonMobil XOM 59.95 61.41 59.56 60.78 22.8M
AT&T Inc. T 25.29 25.64 25.11 25.24 17.5M
Alphabet GOOGL 367.85 373.03 365.25 370.95 17.2M
Comcast CMCSA 31.69 31.89 30.91 31.33 15.3M
ConocoPhillips COP 62.03 63.24 61.02 62.57 15.2M
JPMorgan Chase JPM 42.72 42.95 42.34 42.64 14.7M
Schlumberger SLB 63.25 64.25 61.50 63.48 13.2M
HP Inc. HPQ 31.85 32.53 31.73 32.18 13.1M
Verizon Communications VZ 30.80 31.20 30.73 30.79 12.9M
Merck MRK 34.42 34.61 34.30 34.41 12.6M
Walt Disney & Co. DIS 30.00 30.32 29.85 30.00 12.1M
UnitedHealth Group UNH 44.10 44.57 43.38 43.52 12M
Amazon AMZN 33.96 34.99 33.18 34.83 11.1M
Home Depot HD 38.50 38.68 38.06 38.49 10.9M
Abbott Laboratories ABT 41.80 42.71 41.70 41.75 10.4M
Amgen AMGN 67.86 68.59 67.49 67.79 10.3M
Chevron CVX 58.00 58.75 57.02 58.22 10.2M
Wal-Mart Stores WMT 47.29 47.77 47.10 47.35 9.92M
Johnson & Johnson JNJ 59.90 60.20 59.65 59.86 9.61M
Procter & Gamble PG 53.96 54.49 53.95 54.28 9.21M
Coca-Cola KO 43.64 43.73 43.38 43.60 7.82M
Altria MO 70.90 71.30 70.52 70.85 7.74M
McDonald's MCD 34.08 34.14 33.51 34.03 7.39M
International Business Machines IBM 79.94 80.34 79.40 80.02 6.25M
Bristol-Myers Squibb BMY 24.02 24.47 23.85 23.86 5.55M
Wells Fargo & Co. WFC 66.06 67.25 66.00 66.64 5.53M
Pepsico PEP 58.40 59.58 58.35 59.27 5.48M
Boeing BA 84.46 86.03 84.02 85.71 4.54M
Gilead Sciences GILD 54.32 55.01 53.38 54.68 3.97M
United Technologies UTX 62.70 63.38 62.15 62.94 3.05M
3M MMM 84.31 84.59 82.59 83.73 3.01M
Union Pacific UNP 90.86 93.04 90.51 92.26 1.63M
Berkshire Hathaway BRK.B 3059.00 3099.00 3037.00 3090.50 18.6K
Exchange Rates of May 22, 2006
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 111.410 JPY 1 JPY = 0.009 USD
US Dollar Canadian Dollar 1 USD = 1.115 CAD 1 CAD = 0.897 USD
US Dollar Swiss Franc 1 USD = 1.204 CHF 1 CHF = 0.830 USD
US Dollar Chinese Yuan 1 USD = 8.024 CNY 1 CNY = 0.125 USD
Euro Japanese Yen 1 EUR = 143.290 JPY 1 JPY = 0.007 EUR
Euro Pound Sterling 1 EUR = 0.682 GBP 1 GBP = 1.466 EUR
Euro Australian Dollar 1 EUR = 1.706 AUD 1 AUD = 0.586 EUR
Euro Canadian Dollar 1 EUR = 1.434 CAD 1 CAD = 0.698 EUR
Euro Swiss Franc 1 EUR = 1.549 CHF 1 CHF = 0.646 EUR
Pound Sterling Australian Dollar 1 GBP = 2.501 AUD 1 AUD = 0.400 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.102 CAD 1 CAD = 0.476 GBP
Pound Sterling Swiss Franc 1 GBP = 2.270 CHF 1 CHF = 0.440 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.840 CAD 1 CAD = 1.190 AUD
Australian Dollar Swiss Franc 1 AUD = 0.908 CHF 1 CHF = 1.102 AUD

See what else happened on May 22, 2006