Financial news on October 23rd, 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

StockTicker symbolOpenHighLowCloseVolume
Wal-Mart StoresWMT49.3552.1549.0351.2853.1M
Cisco SystemsCSCO24.4524.6424.2724.4348.6M
AT&T Inc.T34.5034.8534.0334.7130.1M
Oracle Corp.ORCL18.9719.2518.8719.1529.5M
General ElectricGE35.5135.6935.2735.5326.1M
HP Inc.HPQ39.5540.1039.2039.8714.7M
Home DepotHD35.8136.3535.8036.2411.5M
Verizon CommunicationsVZ37.8038.1037.6838.0210.9M
Johnson & JohnsonJNJ68.3569.4168.3369.108.94M
International Business MachinesIBM90.0592.0090.0191.568.86M
JPMorgan ChaseJPM46.8347.4746.8247.398.84M
Abbott LaboratoriesABT48.5048.9448.2448.838.81M
Walt Disney & Co.DIS31.2031.3331.0631.288.41M
Procter & GamblePG62.2863.4762.2563.287.35M
UnitedHealth GroupUNH50.7751.1850.3350.646.84M
Bristol-Myers SquibbBMY24.3324.6024.2024.576.33M
Wells Fargo & Co.WFC36.4636.7536.3336.674.54M
Gilead SciencesGILD68.6769.6368.2469.383.11M
United TechnologiesUTX65.0265.3364.6664.982.53M
Union PacificUNP90.8392.8190.6591.201.79M
Berkshire HathawayBRK.B3328.003344.003325.003333.0021.3K
Exchange Rates of October 23rd, 2006
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 119.340 JPY1 JPY = 0.008 USD
US DollarCanadian Dollar1 USD = 1.128 CAD1 CAD = 0.886 USD
US DollarSwiss Franc1 USD = 1.267 CHF1 CHF = 0.789 USD
US DollarChinese Yuan1 USD = 7.899 CNY1 CNY = 0.127 USD
EuroJapanese Yen1 EUR = 149.770 JPY1 JPY = 0.007 EUR
EuroPound Sterling1 EUR = 0.670 GBP1 GBP = 1.493 EUR
EuroAustralian Dollar1 EUR = 1.657 AUD1 AUD = 0.603 EUR
EuroCanadian Dollar1 EUR = 1.416 CAD1 CAD = 0.706 EUR
EuroSwiss Franc1 EUR = 1.590 CHF1 CHF = 0.629 EUR
Japanese YenPound Sterling1 JPY = 0.447 GBP1 GBP = 2.237 JPY
Japanese YenAustralian Dollar1 JPY = 1.106 AUD1 AUD = 0.904 JPY
Japanese YenCanadian Dollar1 JPY = 0.945 CAD1 CAD = 1.058 JPY
Japanese YenSwiss Franc1 JPY = 1.061 CHF1 CHF = 0.942 JPY
Pound SterlingAustralian Dollar1 GBP = 2.474 AUD1 AUD = 0.404 GBP
Pound SterlingCanadian Dollar1 GBP = 2.113 CAD1 CAD = 0.473 GBP
Pound SterlingSwiss Franc1 GBP = 2.372 CHF1 CHF = 0.422 GBP
Australian DollarCanadian Dollar1 AUD = 0.854 CAD1 CAD = 1.172 AUD
Australian DollarSwiss Franc1 AUD = 0.959 CHF1 CHF = 1.043 AUD
Canadian DollarSwiss Franc1 CAD = 1.123 CHF1 CHF = 0.891 CAD

See what else happened on October 23rd, 2006