Financial news on June 26, 2006

Business and Financial news
A Blogger Is Bounced From the Huffington Post

A blogger at The Huffington Post was fired after accusing a site staff member of posting negative comments on his blog entries. Read more..

By MARIA ASPAN - The New York Times

A Lesson for Parents on 'MySpace Madness'

If you really think MySpace is hazardous to your child's health, there should be an implicit lesson for you: "Tell Your Children." Read more..

By TOM ZELLER Jr - The New York Times

Arcelor Deal With Mittal Establishes Steel Giant

The world's two largest steel companies have agreed to merge in a deal valued at more than $33.5 billion. Read more..

By HEATHER TIMMONS and ANAND GIRIDHARADAS - The New York Times

As Online Ads Grow, Eyeballs Are Valuable Again on the Web

Sites that help people shop for big-ticket items are popping up all over the Web, and online advertisers are taking notice. Read more..

By BOB TEDESCHI - The New York Times

At CNN, News That Plays to the Ratings

After dumping "Crossfire" last year, CNN's plan to eschew an agenda and focus on straight reporting has been beaten back by the brutal competition in cable news. Read more..

By DAVID CARR - The New York Times

Hey, Gay Spender, Marketers Spending Time With You

After years of seeking gay and lesbian consumers in the print media, advertisers are starting to broaden their efforts to TV, the Internet, radio and even movies. Read more..

By STUART ELLIOTT - The New York Times

Microsoft Plans to Blend Phones With Computers

Microsoft needs to convince corporations to buy its software at a time when Web services are becoming increasingly popular. Read more..

By JOHN MARKOFF - The New York Times

New Settlement on Plavix Patent

Bristol-Myers Squibb and Sanofi-Aventis are suing Apotex, a generic drug maker, to keep a generic version of their lucrative blood thinner Plavix off the market. Read more..

By BLOOMBERG NEWS - The New York Times

Skip the Sitter, and Feed Your Virtual Pet by Cellphone

A cellphone version of MTV's Neopets Web site will let users interact with the same pets whether they play on a computer or on their phone. Read more..

By MATT RICHTEL - 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

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Microsoft MSFT 22,65 22,89 22,63 22,82 53.6M
Intel INTC 18,15 18,33 18,12 18,28 36.2M
Oracle Corp. ORCL 14,87 14,93 14,52 14,67 32.6M
Pfizer PFE 23,35 23,45 22,94 23,01 31.2M
Cisco Systems CSCO 19,56 19,70 19,49 19,60 21.1M
General Electric GE 33,18 33,27 32,92 33,21 19.4M
Apple AAPL 59,17 59,20 58,37 58,99 16.7M
Johnson & Johnson JNJ 59,51 60,26 59,50 60,21 15.5M
ExxonMobil XOM 58,10 59,02 57,91 58,82 14.1M
AT&T Inc. T 27,32 27,53 27,19 27,33 11.3M
JPMorgan Chase JPM 40,67 41,50 40,61 41,50 11.2M
HP Inc. HPQ 32,90 33,20 32,30 32,49 10.9M
Verizon Communications VZ 32,84 32,99 32,70 32,78 10.1M
Walt Disney & Co. DIS 29,07 29,75 29,06 29,67 9.53M
ConocoPhillips COP 61,26 62,31 60,64 62,10 8.65M
Merck MRK 35,10 35,46 34,70 35,02 7.71M
Bristol-Myers Squibb BMY 25,51 25,84 25,22 25,72 7.57M
Home Depot HD 36,26 36,80 36,25 36,64 7.5M
Alphabet GOOGL 406,75 408,30 403,25 404,22 7.1M
Wal-Mart Stores WMT 48,09 48,20 47,80 48,07 6.78M
Schlumberger SLB 59,15 59,90 58,26 59,82 6.64M
Abbott Laboratories ABT 42,00 42,19 41,57 42,03 6.39M
Comcast CMCSA 31,56 31,77 31,36 31,58 6M
Chevron CVX 58,72 59,85 58,52 59,68 5.87M
Procter & Gamble PG 55,74 56,00 55,26 55,99 5.62M
Coca-Cola KO 42,73 42,87 42,49 42,83 4.81M
Altria MO 71,70 72,19 71,53 72,16 4.72M
UnitedHealth Group UNH 45,11 45,70 44,65 44,94 4.39M
McDonald's MCD 32,60 32,80 32,43 32,66 3.81M
Amgen AMGN 64,89 65,04 64,38 64,85 3.8M
Amazon AMZN 36,55 37,17 36,43 36,77 3.61M
Wells Fargo & Co. WFC 65,60 65,98 65,27 65,85 3.56M
International Business Machines IBM 77,04 77,52 76,80 77,15 3.45M
Pepsico PEP 59,31 59,61 59,07 59,51 2.88M
United Technologies UTX 62,19 62,50 61,78 62,24 2.31M
Gilead Sciences GILD 55,50 55,84 55,10 55,79 2.11M
Boeing BA 83,48 84,28 82,80 83,89 1.93M
3M MMM 79,92 80,35 79,60 80,21 1.63M
Union Pacific UNP 89,00 89,32 87,95 89,01 1.5M
Berkshire Hathaway BRK.B 3062,00 3064,00 2983,00 3043,00 32.4K
Exchange Rates of June 26, 2006
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 116,250 JPY 1 JPY = 0,009 USD
US Dollar Canadian Dollar 1 USD = 1,123 CAD 1 CAD = 0,891 USD
US Dollar Swiss Franc 1 USD = 1,242 CHF 1 CHF = 0,805 USD
US Dollar Chinese Yuan 1 USD = 8,000 CNY 1 CNY = 0,125 USD
Euro Japanese Yen 1 EUR = 146,290 JPY 1 JPY = 0,007 EUR
Euro Pound Sterling 1 EUR = 0,690 GBP 1 GBP = 1,449 EUR
Euro Australian Dollar 1 EUR = 1,719 AUD 1 AUD = 0,582 EUR
Euro Canadian Dollar 1 EUR = 1,413 CAD 1 CAD = 0,708 EUR
Euro Swiss Franc 1 EUR = 1,563 CHF 1 CHF = 0,640 EUR
Pound Sterling Australian Dollar 1 GBP = 2,491 AUD 1 AUD = 0,401 GBP
Pound Sterling Canadian Dollar 1 GBP = 2,047 CAD 1 CAD = 0,489 GBP
Pound Sterling Swiss Franc 1 GBP = 2,264 CHF 1 CHF = 0,442 GBP
Australian Dollar Canadian Dollar 1 AUD = 0,822 CAD 1 CAD = 1,217 AUD
Australian Dollar Swiss Franc 1 AUD = 0,909 CHF 1 CHF = 1,100 AUD

See what else happened on June 26, 2006