Financial news on July 25th, 2006

Business and Financial news
China: Hewlett-Packard and Baidu in Deal

Hewlett-Packard will install Internet search software from on desktop and laptop computers sold in China for one year. Hewlett-Packard’s Pavilion and Presario computers will use as a home page and will include a shortcut key t... Read more..

By BLOOMBERG NEWS - The New York Times

Hewlett-Packard Takes a New Tack: Being Cool

In a new advertising campaign, Hewlett-Packard aims to imbue its machines with some of the coolness more commonly associated with Apple. Read more..

By ERIC PFANNER - The New York Times

Japan: Nintendo First-Quarter Profit Increased 10%

Nintendo, the world’s biggest maker of hand-held video game players, posted a 10 percent gain in first-quarter profit and raised its annual forecast to 83 billion yen from a previous estimate of 65 billion yen. Net income climbed to 15.6 billion y... Read more..

By BLOOMBERG NEWS - The New York Times

Options Brought Riches and Now Big Trouble

It was stock options that made Gregory L. Reyes, the former chief executive of Brocade Communications Systems, very rich, and now it is abuse of options that may send him to prison. Read more..

By FLOYD NORRIS - The New York Times

Progress Energy Selling Some Assets

By Bloomberg News. Read more..

By BLOOMBERG NEWS - The New York Times

S.E.C. Appoints a Chief Accountant

By Bloomberg News. Read more..

By BLOOMBERG NEWS - The New York Times

Trade Talks Fail Over an Impasse on Farm Tariffs

The collapse of negotiations touched off a bitter new round of recriminations between the United States and Europe. Read more..

By TOM WRIGHT and STEVEN R. WEISMAN - The New York Times

Van der Moolen Holding Settles Suit Accusing It of Improper Trading

By Bloomberg News. Read more..

By BLOOMBERG NEWS - The New York Times

Wall St. Is Cool to A.M.D. Deal for Graphics Chip Maker

Combining A.M.D. with ATI, the leading maker of graphics processors, turns A.M.D. into a $7.3 billion rival to the $38.8 billion Intel. Read more..

By DAMON DARLIN - The New York Times

Will Better In-Flight Movies Buy Brand Loyalty?

To many travelers, those blurry movies that most airlines show on overhead screens the size of a college diploma have become as much of a joke as the food used to be. Read more..

By JOE SHARKEY - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
AT&T Inc.T28.0029.7728.0028.9544.7M
Oracle Corp.ORCL14.9415.0614.8014.9336.9M
Cisco SystemsCSCO17.9918.2017.7218.0733.6M
General ElectricGE32.8032.8132.4532.7022.1M
Abbott LaboratoriesABT47.0848.1947.0548.0820.1M
HP Inc.HPQ31.1531.5730.9031.3313.4M
Verizon CommunicationsVZ32.4433.0132.2732.9313.2M
JPMorgan ChaseJPM44.1544.8644.0144.6312.5M
Home DepotHD34.4435.3434.3235.2411M
Wal-Mart StoresWMT44.2144.8043.9444.6710.7M
Walt Disney & Co.DIS29.2029.6228.9629.488.08M
Bristol-Myers SquibbBMY25.9526.1425.7625.896.81M
Procter & GamblePG56.6057.2556.2256.886.7M
Johnson & JohnsonJNJ61.5062.0061.4961.906.3M
UnitedHealth GroupUNH50.8151.6750.4851.495.76M
International Business MachinesIBM75.9976.4175.3175.895.58M
Wells Fargo & Co.WFC70.5270.9070.1970.704.57M
United TechnologiesUTX61.3562.2460.9662.034.42M
Gilead SciencesGILD60.2062.0960.1461.893.82M
Union PacificUNP85.4285.4282.4984.243.23M
Berkshire HathawayBRK.B3028.003037.503025.003025.005.7K
Exchange Rates of July 25th, 2006
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 117.160 JPY1 JPY = 0.009 USD
US DollarCanadian Dollar1 USD = 1.142 CAD1 CAD = 0.876 USD
US DollarSwiss Franc1 USD = 1.253 CHF1 CHF = 0.798 USD
US DollarChinese Yuan1 USD = 7.985 CNY1 CNY = 0.125 USD
EuroJapanese Yen1 EUR = 147.380 JPY1 JPY = 0.007 EUR
EuroPound Sterling1 EUR = 0.684 GBP1 GBP = 1.463 EUR
EuroAustralian Dollar1 EUR = 1.671 AUD1 AUD = 0.599 EUR
EuroCanadian Dollar1 EUR = 1.436 CAD1 CAD = 0.696 EUR
EuroSwiss Franc1 EUR = 1.577 CHF1 CHF = 0.634 EUR
Pound SterlingAustralian Dollar1 GBP = 2.443 AUD1 AUD = 0.409 GBP
Pound SterlingCanadian Dollar1 GBP = 2.100 CAD1 CAD = 0.476 GBP
Pound SterlingSwiss Franc1 GBP = 2.306 CHF1 CHF = 0.434 GBP
Australian DollarCanadian Dollar1 AUD = 0.859 CAD1 CAD = 1.164 AUD
Australian DollarSwiss Franc1 AUD = 0.943 CHF1 CHF = 1.060 AUD

See what else happened on July 25th, 2006