Financial news on August 23rd, 2006
Business and Financial news
Medical offices are popping up in the unlikeliest of places, reusing old factories and retooling old office space to be closer to suburban patients. Read more..
The president of the Federal Reserve Bank of Chicago said the Fed might need to resume raising interest rates to reduce inflation. Read more..
Citing Mr. Cruise’s recent behavior, Viacom’s chairman said that Paramount Pictures was ending its 14-year relationship with the actor’s production company. Read more..
The First Data Corporation will file restated earnings for 2005 and 2006 to change the way it accounts for some derivative positions. Read more..
The men from the HBO series “Entourage,” like the women from “Sex and the City,” have become appealing to advertisers. Read more..
Microsoft will be the exclusive seller and provider of banner advertising for Facebook, a Web site aimed at college students. Read more..
When AOL researchers released users’ search logs last month, many academic researchers balanced a thirst for useful data against concerns over individual privacy. Read more..
Many of Federal Reserve Chairman Ben Bernanke’s problems stem from a lack of understanding about how he makes decisions. Once you realize that, he begins to look a lot better than his critics. Read more..
The University of Southern California sued the Tenet Healthcare in an attempt to take over a Los Angeles university hospital that Tenet owns and operates. Read more..
William C. Norris was an electrical engineer who founded Control Data, the company that created the first supercomputers. Read more..
Stock Markets
Values are reported in US Dollars
Stock | Ticker symbol | Open | High | Low | Close | Volume |
Intel | INTC | 18.48 | 18.56 | 18.24 | 18.38 | 58.4M |
Microsoft | MSFT | 25.65 | 25.95 | 25.52 | 25.67 | 44.6M |
Oracle Corp. | ORCL | 15.48 | 15.49 | 15.23 | 15.32 | 37.8M |
Cisco Systems | CSCO | 21.20 | 21.33 | 20.83 | 21.05 | 36.6M |
Pfizer | PFE | 26.88 | 27.15 | 26.86 | 27.14 | 21.2M |
Apple | AAPL | 68.00 | 68.65 | 66.94 | 67.31 | 19.2M |
General Electric | GE | 33.75 | 33.87 | 33.60 | 33.79 | 18.2M |
ExxonMobil | XOM | 70.08 | 70.23 | 69.04 | 69.63 | 17.7M |
Home Depot | HD | 33.75 | 33.90 | 33.51 | 33.65 | 14.5M |
Merck | MRK | 39.85 | 40.59 | 39.78 | 40.46 | 10.8M |
Verizon Communications | VZ | 34.50 | 34.84 | 34.30 | 34.39 | 10.8M |
Wal-Mart Stores | WMT | 44.10 | 44.15 | 43.48 | 43.76 | 10.6M |
Bristol-Myers Squibb | BMY | 21.84 | 21.92 | 21.53 | 21.63 | 9.95M |
Walt Disney & Co. | DIS | 29.62 | 29.80 | 29.01 | 29.19 | 9.2M |
Abbott Laboratories | ABT | 48.98 | 49.16 | 48.76 | 49.00 | 9.18M |
HP Inc. | HPQ | 35.20 | 35.48 | 35.01 | 35.26 | 9.01M |
JPMorgan Chase | JPM | 45.20 | 45.64 | 45.16 | 45.52 | 8.73M |
Chevron | CVX | 66.44 | 66.64 | 65.42 | 65.68 | 7.57M |
Alphabet | GOOGL | 377.64 | 378.27 | 372.66 | 373.43 | 7.28M |
AT&T Inc. | T | 30.58 | 30.71 | 30.32 | 30.48 | 7.22M |
Wells Fargo & Co. | WFC | 34.89 | 34.97 | 34.58 | 34.91 | 7.2M |
ConocoPhillips | COP | 66.99 | 67.19 | 65.75 | 65.99 | 7.18M |
Comcast | CMCSA | 35.05 | 35.27 | 34.61 | 34.86 | 7.04M |
Johnson & Johnson | JNJ | 64.00 | 64.06 | 63.80 | 63.91 | 6.59M |
Schlumberger | SLB | 65.30 | 65.65 | 63.99 | 64.29 | 5.57M |
Amgen | AMGN | 66.90 | 67.48 | 66.81 | 67.32 | 5.35M |
Procter & Gamble | PG | 60.90 | 61.45 | 60.73 | 60.92 | 4.75M |
Amazon | AMZN | 28.56 | 28.89 | 27.77 | 28.14 | 4.73M |
McDonald's | MCD | 35.56 | 35.74 | 35.26 | 35.59 | 3.89M |
Pepsico | PEP | 63.45 | 64.14 | 63.31 | 64.07 | 3.82M |
Coca-Cola | KO | 44.33 | 44.44 | 44.13 | 44.32 | 3.78M |
Altria | MO | 83.63 | 83.95 | 83.47 | 83.67 | 3.74M |
International Business Machines | IBM | 78.95 | 79.47 | 78.42 | 78.67 | 3.43M |
3M | MMM | 71.05 | 71.43 | 70.04 | 70.34 | 2.78M |
Boeing | BA | 77.00 | 77.55 | 76.07 | 76.36 | 2.49M |
Gilead Sciences | GILD | 63.69 | 63.74 | 62.55 | 63.14 | 2.35M |
UnitedHealth Group | UNH | 49.65 | 49.95 | 49.45 | 49.64 | 2.21M |
United Technologies | UTX | 60.66 | 61.26 | 60.39 | 60.77 | 1.88M |
Union Pacific | UNP | 81.80 | 82.28 | 80.96 | 81.50 | 1.1M |
Berkshire Hathaway | BRK.B | 3181.00 | 3189.50 | 3165.00 | 3173.00 | 13.3K |
Exchange Rates of August 23rd, 2006
Currencies | Exchange Rates | ||
US Dollar | Japanese Yen | 1 USD = 116.370 JPY | 1 JPY = 0.009 USD |
US Dollar | Canadian Dollar | 1 USD = 1.112 CAD | 1 CAD = 0.899 USD |
US Dollar | Swiss Franc | 1 USD = 1.235 CHF | 1 CHF = 0.810 USD |
US Dollar | Chinese Yuan | 1 USD = 7.969 CNY | 1 CNY = 0.125 USD |
Euro | Japanese Yen | 1 EUR = 148.810 JPY | 1 JPY = 0.007 EUR |
Euro | Pound Sterling | 1 EUR = 0.675 GBP | 1 GBP = 1.481 EUR |
Euro | Australian Dollar | 1 EUR = 1.676 AUD | 1 AUD = 0.597 EUR |
Euro | Canadian Dollar | 1 EUR = 1.422 CAD | 1 CAD = 0.703 EUR |
Euro | Swiss Franc | 1 EUR = 1.580 CHF | 1 CHF = 0.633 EUR |
Japanese Yen | Pound Sterling | 1 JPY = 0.454 GBP | 1 GBP = 2.205 JPY |
Japanese Yen | Australian Dollar | 1 JPY = 1.126 AUD | 1 AUD = 0.888 JPY |
Japanese Yen | Canadian Dollar | 1 JPY = 0.955 CAD | 1 CAD = 1.047 JPY |
Japanese Yen | Swiss Franc | 1 JPY = 1.061 CHF | 1 CHF = 0.942 JPY |
Pound Sterling | Australian Dollar | 1 GBP = 2.482 AUD | 1 AUD = 0.403 GBP |
Pound Sterling | Canadian Dollar | 1 GBP = 2.105 CAD | 1 CAD = 0.475 GBP |
Pound Sterling | Swiss Franc | 1 GBP = 2.338 CHF | 1 CHF = 0.428 GBP |
Australian Dollar | Canadian Dollar | 1 AUD = 0.848 CAD | 1 CAD = 1.180 AUD |
Australian Dollar | Swiss Franc | 1 AUD = 0.942 CHF | 1 CHF = 1.062 AUD |
Canadian Dollar | Swiss Franc | 1 CAD = 1.110 CHF | 1 CHF = 0.901 CAD |
See what else happened on August 23rd, 2006