Financial news on August 25, 2006

Business and Financial news
Apple Changes Its Tunes on Viruses

For years, Apple avoided advertising the fact that Mac OS X hasn't come under a single virus attack "in the wild." But now Apple has changed its tune. Read more..

By DAVID POGUE - The New York Times

A Private Eye for Investors

As the number of hedge funds has multiplied, potential investors are turning to professional sleuths for guidance. Read more..

By MICHAEL J. de la MERCED - The New York Times

Canadian Drugstore Company Retreats From U.S.

The Jean Coutu Group confirmed that it would sell its Eckerd and Brooks drugstore chains, putting it on a list of Canadian retailers whose success at home did not translate in the American market. Read more..

By IAN AUSTEN - The New York Times

Chinese Bank Is Buying Some Bank of America Branches

The China Construction Bank agreed to buy Bank of America’s retail banking operations in Hong Kong and Macao. Read more..

By KEITH BRADSHER - The New York Times

If Your Stocks Fall, Demand a Refund

Overstock.com chief executive Patrick M. Byrne’s latest legal theory would allow those who bought the company’s stock before it plunged to get their money back from their brokers. Read more..

By FLOYD NORRIS - The New York Times

Italian Banks in Merger Discussion

Banca Intesa of Italy may buy a smaller rival, Sanpaolo IMI, to create a bank with more than 6,300 branches, the most in Italy. The boards of the companies will meet to discuss a possible merger by the end of the week, Intesa and Sanpaolo said in ... Read more..

By BLOOMBERG NEWS - The New York Times

Next-Day Pill No Pot of Gold for Its Maker

The political debate over Plan B may have helped raise the profile of its maker, Barr Pharmaceuticals, but over-the-counter sales will barely register on its balance sheet. Read more..

By ALEX BERENSON - The New York Times

Promoting Alternative Energy Without Being Too Green

The buzz in Silicon Valley is all about “clean tech.” But some venture capital financed start-ups are stretching the definition of what it means to be green. Read more..

By MATT RICHTEL - The New York Times

State Opposes Delay for Grasso Pay Trial

The New York attorney general’s office asked an appeals court not to delay a trial of former N.Y.S.E. chairman Richard A. Grasso, over his $190 million pay package. Read more..

By BLOOMBERG NEWS - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Intel INTC 18,45 19,00 18,43 18,90 67.1M
Microsoft MSFT 25,71 26,00 25,69 25,85 33.1M
Cisco Systems CSCO 21,03 21,27 20,96 21,05 29M
Oracle Corp. ORCL 15,36 15,63 15,31 15,41 28.9M
Apple AAPL 67,34 69,05 67,31 68,75 19.4M
ExxonMobil XOM 70,82 71,22 70,34 70,43 18.9M
Pfizer PFE 27,12 27,35 27,00 27,23 16.4M
General Electric GE 33,72 33,92 33,71 33,84 11.6M
Home Depot HD 33,61 33,69 33,28 33,48 10.3M
Merck MRK 39,80 40,73 39,80 40,44 7.91M
Wal-Mart Stores WMT 43,60 44,06 43,52 43,88 7.72M
AT&T Inc. T 30,30 30,72 30,30 30,63 7.22M
Bristol-Myers Squibb BMY 21,60 21,77 21,59 21,68 7.17M
Comcast CMCSA 34,83 35,66 34,83 35,45 6.81M
HP Inc. HPQ 35,20 35,45 35,13 35,23 6.46M
ConocoPhillips COP 66,30 67,01 66,00 66,30 6.24M
Walt Disney & Co. DIS 28,95 29,07 28,70 28,95 5.95M
Johnson & Johnson JNJ 64,73 64,89 64,61 64,67 5.53M
Altria MO 84,11 84,48 83,95 84,10 5.07M
Verizon Communications VZ 34,63 34,87 34,55 34,70 5.02M
Alphabet GOOGL 373,08 375,32 372,50 373,26 4.93M
Amgen AMGN 66,83 68,10 66,74 67,52 4.68M
Abbott Laboratories ABT 48,54 48,96 48,52 48,79 4.62M
Boeing BA 75,24 75,60 73,55 73,93 4.6M
Procter & Gamble PG 60,83 61,17 60,82 60,87 4.49M
JPMorgan Chase JPM 45,68 45,69 45,30 45,52 4.45M
Wells Fargo & Co. WFC 35,10 35,21 34,79 34,90 4.39M
Chevron CVX 66,80 67,49 66,71 66,77 4.35M
Schlumberger SLB 64,55 65,40 64,17 64,45 4.17M
Amazon AMZN 27,79 28,23 27,62 28,03 3.54M
International Business Machines IBM 79,20 80,00 79,14 79,88 3.43M
3M MMM 70,06 70,40 69,62 69,92 3.09M
McDonald's MCD 35,62 35,69 35,16 35,23 3.06M
UnitedHealth Group UNH 50,75 51,07 50,15 50,88 2.91M
Pepsico PEP 64,00 64,38 63,73 64,18 2.67M
Coca-Cola KO 44,45 44,62 44,35 44,52 2.51M
Gilead Sciences GILD 63,35 63,80 63,07 63,20 2.44M
United Technologies UTX 60,50 60,99 60,01 60,67 1.74M
Union Pacific UNP 80,50 81,32 80,03 80,94 1.43M
Berkshire Hathaway BRK.B 3214,00 3214,00 3185,00 3202,00 11.4K
Exchange Rates of August 25, 2006
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 117,270 JPY 1 JPY = 0,009 USD
US Dollar Canadian Dollar 1 USD = 1,109 CAD 1 CAD = 0,902 USD
US Dollar Swiss Franc 1 USD = 1,240 CHF 1 CHF = 0,807 USD
US Dollar Chinese Yuan 1 USD = 7,976 CNY 1 CNY = 0,125 USD
Euro Japanese Yen 1 EUR = 149,550 JPY 1 JPY = 0,007 EUR
Euro Pound Sterling 1 EUR = 0,676 GBP 1 GBP = 1,480 EUR
Euro Australian Dollar 1 EUR = 1,684 AUD 1 AUD = 0,594 EUR
Euro Canadian Dollar 1 EUR = 1,414 CAD 1 CAD = 0,707 EUR
Euro Swiss Franc 1 EUR = 1,581 CHF 1 CHF = 0,633 EUR
Japanese Yen Pound Sterling 1 JPY = 0,452 GBP 1 GBP = 2,215 JPY
Japanese Yen Australian Dollar 1 JPY = 1,126 AUD 1 AUD = 0,888 JPY
Japanese Yen Canadian Dollar 1 JPY = 0,945 CAD 1 CAD = 1,058 JPY
Japanese Yen Swiss Franc 1 JPY = 1,057 CHF 1 CHF = 0,946 JPY
Pound Sterling Australian Dollar 1 GBP = 2,492 AUD 1 AUD = 0,401 GBP
Pound Sterling Canadian Dollar 1 GBP = 2,093 CAD 1 CAD = 0,478 GBP
Pound Sterling Swiss Franc 1 GBP = 2,339 CHF 1 CHF = 0,428 GBP
Australian Dollar Canadian Dollar 1 AUD = 0,839 CAD 1 CAD = 1,192 AUD
Australian Dollar Swiss Franc 1 AUD = 0,938 CHF 1 CHF = 1,066 AUD
Canadian Dollar Swiss Franc 1 CAD = 1,118 CHF 1 CHF = 0,895 CAD

See what else happened on August 25, 2006