Financial news on July 25, 2006

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

Hewlett-Packard will install Internet search software from Baidu.com. on desktop and laptop computers sold in China for one year. Hewlett-Packard’s Pavilion and Presario computers will use Baidu.com 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

Stock Ticker symbol Open High Low Close Volume
Microsoft MSFT 24.00 24.29 23.90 24.22 60.1M
Intel INTC 17.48 17.77 17.31 17.54 47.4M
AT&T Inc. T 28.00 29.77 28.00 28.95 44.7M
Oracle Corp. ORCL 14.94 15.06 14.80 14.93 36.9M
Cisco Systems CSCO 17.99 18.20 17.72 18.07 33.6M
Pfizer PFE 24.70 25.13 24.70 24.96 29.8M
General Electric GE 32.80 32.81 32.45 32.70 22.1M
Apple AAPL 61.78 62.09 60.78 61.93 21M
Abbott Laboratories ABT 47.08 48.19 47.05 48.08 20.1M
3M MMM 71.00 71.01 67.05 68.11 18.9M
ExxonMobil XOM 65.36 66.00 64.92 65.74 18.6M
Amazon AMZN 34.00 34.16 33.39 33.59 17.2M
HP Inc. HPQ 31.15 31.57 30.90 31.33 13.4M
Verizon Communications VZ 32.44 33.01 32.27 32.93 13.2M
JPMorgan Chase JPM 44.15 44.86 44.01 44.63 12.5M
Merck MRK 39.28 39.49 38.97 39.27 11.8M
Alphabet GOOGL 385.02 391.31 383.80 389.36 11.5M
ConocoPhillips COP 66.45 67.59 66.05 67.45 11.2M
Home Depot HD 34.44 35.34 34.32 35.24 11M
Wal-Mart Stores WMT 44.21 44.80 43.94 44.67 10.7M
Altria MO 79.65 80.40 78.85 80.05 9.49M
Amgen AMGN 66.60 68.00 66.50 67.83 9.38M
Comcast CMCSA 32.67 32.90 32.28 32.59 9.23M
Schlumberger SLB 65.10 65.99 64.23 65.81 9.21M
Chevron CVX 66.42 67.16 65.80 66.95 8.35M
McDonald's MCD 35.00 35.34 34.65 34.76 8.19M
Walt Disney & Co. DIS 29.20 29.62 28.96 29.48 8.08M
Bristol-Myers Squibb BMY 25.95 26.14 25.76 25.89 6.81M
Procter & Gamble PG 56.60 57.25 56.22 56.88 6.7M
Johnson & Johnson JNJ 61.50 62.00 61.49 61.90 6.3M
UnitedHealth Group UNH 50.81 51.67 50.48 51.49 5.76M
International Business Machines IBM 75.99 76.41 75.31 75.89 5.58M
Coca-Cola KO 43.87 44.39 43.72 44.25 5.49M
Pepsico PEP 63.13 63.54 62.54 62.72 5.03M
Wells Fargo & Co. WFC 70.52 70.90 70.19 70.70 4.57M
Boeing BA 80.75 84.06 80.70 83.75 4.56M
United Technologies UTX 61.35 62.24 60.96 62.03 4.42M
Gilead Sciences GILD 60.20 62.09 60.14 61.89 3.82M
Union Pacific UNP 85.42 85.42 82.49 84.24 3.23M
Berkshire Hathaway BRK.B 3028.00 3037.50 3025.00 3025.00 5.7K
Exchange Rates of July 25, 2006
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 117.160 JPY 1 JPY = 0.009 USD
US Dollar Canadian Dollar 1 USD = 1.142 CAD 1 CAD = 0.876 USD
US Dollar Swiss Franc 1 USD = 1.253 CHF 1 CHF = 0.798 USD
US Dollar Chinese Yuan 1 USD = 7.985 CNY 1 CNY = 0.125 USD
Euro Japanese Yen 1 EUR = 147.380 JPY 1 JPY = 0.007 EUR
Euro Pound Sterling 1 EUR = 0.684 GBP 1 GBP = 1.463 EUR
Euro Australian Dollar 1 EUR = 1.671 AUD 1 AUD = 0.599 EUR
Euro Canadian Dollar 1 EUR = 1.436 CAD 1 CAD = 0.696 EUR
Euro Swiss Franc 1 EUR = 1.577 CHF 1 CHF = 0.634 EUR
Pound Sterling Australian Dollar 1 GBP = 2.443 AUD 1 AUD = 0.409 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.100 CAD 1 CAD = 0.476 GBP
Pound Sterling Swiss Franc 1 GBP = 2.306 CHF 1 CHF = 0.434 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.859 CAD 1 CAD = 1.164 AUD
Australian Dollar Swiss Franc 1 AUD = 0.943 CHF 1 CHF = 1.060 AUD

See what else happened on July 25, 2006