Financial news on October 23, 2006

Business and Financial news
Against Tide, Lawyer Joins Milberg Weiss

Milberg Weiss announced Sunday that Matthew Gluck, 63, a partner with Fried, Frank, Harris, Shriver & Jacobson, is joining the firm as a senior partner. Read more..

By JULIE CRESWELL - The New York Times

In Canada, TV Guide Shifts From Newsstands to Web

TV Guide will disappear from Canadian supermarkets next month because of a dramatic decline in the magazine’s circulation. Read more..

By IAN AUSTEN - The New York Times

In Movie Sequel Titles, Names Are Best

Movie audiences prefer sequels with names to those with numbered titles, and they expect more divergent plots from numbered sequels than from those with new names. Read more..

By ALEX MINDLIN - The New York Times

Looking Ahead

EYES ON THE HOUSING MARKET Several important gauges of housing activity will be released this week, including existing-home sales for September (Wednesday) and new-home sales for September (Thursday). Any movement in either direction for either ga... Read more..

By THE NEW YORK TIMES - The New York Times

Rachael Ray Gives the Gift of Time

People are working longer and harder, allowing a woman who finds succor in store-bought pasta and canned broth to hit a sweet spot. Read more..

By DAVID CARR - The New York Times

Selling Shoes Online, With an Eye Toward Fewer Clicks

Gap Inc. introduced a new shoe brand last week, Piperlime, with a Web site featuring thousands of footwear styles from 150 brands. Read more..

By BOB TEDESCHI - 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

The Internet Black Hole That Is North Korea

While other restrictive regimes have sought to limit the Internet, North Korea has chosen to stay off the grid entirely. Read more..

By TOM ZELLER Jr - The New York Times

We’re Google. So Sue Us.

Google attracts millions of Web users. And, increasingly, it’s attracting the attention of plenty of lawyers, too. Read more..

By KATIE HAFNER - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Intel INTC 21.28 21.60 21.12 21.45 53.1M
Wal-Mart Stores WMT 49.35 52.15 49.03 51.28 53.1M
Cisco Systems CSCO 24.45 24.64 24.27 24.43 48.6M
Microsoft MSFT 28.30 28.69 28.18 28.45 48.5M
Pfizer PFE 27.55 27.78 27.49 27.73 31.5M
Alphabet GOOGL 462.28 484.64 460.37 480.78 30.2M
AT&T Inc. T 34.50 34.85 34.03 34.71 30.1M
Apple AAPL 79.99 81.90 79.75 81.46 29.7M
Oracle Corp. ORCL 18.97 19.25 18.87 19.15 29.5M
General Electric GE 35.51 35.69 35.27 35.53 26.1M
ExxonMobil XOM 68.85 69.92 68.72 69.92 17.1M
Coca-Cola KO 46.75 47.50 46.70 47.28 15.1M
HP Inc. HPQ 39.55 40.10 39.20 39.87 14.7M
Comcast CMCSA 38.09 38.99 37.91 38.46 13M
Altria MO 80.10 80.74 80.01 80.16 12.8M
McDonald's MCD 41.37 42.36 41.35 42.14 12.6M
Merck MRK 45.46 45.70 45.31 45.70 12M
ConocoPhillips COP 60.22 60.82 59.85 60.71 11.9M
Home Depot HD 35.81 36.35 35.80 36.24 11.5M
Verizon Communications VZ 37.80 38.10 37.68 38.02 10.9M
Amgen AMGN 73.42 73.87 72.50 73.37 10.7M
Schlumberger SLB 60.00 61.56 59.51 60.83 10.6M
Johnson & Johnson JNJ 68.35 69.41 68.33 69.10 8.94M
International Business Machines IBM 90.05 92.00 90.01 91.56 8.86M
JPMorgan Chase JPM 46.83 47.47 46.82 47.39 8.84M
Abbott Laboratories ABT 48.50 48.94 48.24 48.83 8.81M
Walt Disney & Co. DIS 31.20 31.33 31.06 31.28 8.41M
Amazon AMZN 32.47 32.91 32.14 32.88 8.06M
Procter & Gamble PG 62.28 63.47 62.25 63.28 7.35M
UnitedHealth Group UNH 50.77 51.18 50.33 50.64 6.84M
Chevron CVX 64.94 65.64 64.53 65.64 6.61M
Bristol-Myers Squibb BMY 24.33 24.60 24.20 24.57 6.33M
3M MMM 79.30 80.88 78.50 80.09 5.28M
Pepsico PEP 62.69 63.60 62.62 63.18 4.84M
Wells Fargo & Co. WFC 36.46 36.75 36.33 36.67 4.54M
Gilead Sciences GILD 68.67 69.63 68.24 69.38 3.11M
Boeing BA 81.73 82.84 81.50 82.80 2.82M
United Technologies UTX 65.02 65.33 64.66 64.98 2.53M
Union Pacific UNP 90.83 92.81 90.65 91.20 1.79M
Berkshire Hathaway BRK.B 3328.00 3344.00 3325.00 3333.00 21.3K
Exchange Rates of October 23, 2006
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 119.340 JPY 1 JPY = 0.008 USD
US Dollar Canadian Dollar 1 USD = 1.128 CAD 1 CAD = 0.886 USD
US Dollar Swiss Franc 1 USD = 1.267 CHF 1 CHF = 0.789 USD
US Dollar Chinese Yuan 1 USD = 7.899 CNY 1 CNY = 0.127 USD
Euro Japanese Yen 1 EUR = 149.770 JPY 1 JPY = 0.007 EUR
Euro Pound Sterling 1 EUR = 0.670 GBP 1 GBP = 1.493 EUR
Euro Australian Dollar 1 EUR = 1.657 AUD 1 AUD = 0.603 EUR
Euro Canadian Dollar 1 EUR = 1.416 CAD 1 CAD = 0.706 EUR
Euro Swiss Franc 1 EUR = 1.590 CHF 1 CHF = 0.629 EUR
Japanese Yen Pound Sterling 1 JPY = 0.447 GBP 1 GBP = 2.237 JPY
Japanese Yen Australian Dollar 1 JPY = 1.106 AUD 1 AUD = 0.904 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.945 CAD 1 CAD = 1.058 JPY
Japanese Yen Swiss Franc 1 JPY = 1.061 CHF 1 CHF = 0.942 JPY
Pound Sterling Australian Dollar 1 GBP = 2.474 AUD 1 AUD = 0.404 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.113 CAD 1 CAD = 0.473 GBP
Pound Sterling Swiss Franc 1 GBP = 2.372 CHF 1 CHF = 0.422 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.854 CAD 1 CAD = 1.172 AUD
Australian Dollar Swiss Franc 1 AUD = 0.959 CHF 1 CHF = 1.043 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.123 CHF 1 CHF = 0.891 CAD

See what else happened on October 23, 2006