Financial news on October 26, 2006

Business and Financial news
A Home Entertainment Center for the Night Stand

The Polk Audio I-Sonic tabletop sound system brings digital sound to AM and FM, but also plays CDs and DVDs. Read more..

By IVAN BERGER - The New York Times

Altria Moves Closer to Spinoff of Kraft Foods Unit

Altria’s chief executive said that the board had carefully weighed the risks and rewards of a sell off and had decided to proceed. Read more..

By ANDREW MARTIN - The New York Times

A Treo Makeover: Less Bulk but Much More Color

The Treo 680 is aimed at casual users and, thanks to its flashy colors, it is more likely to end up in a backpack than strapped to a chief executive’s hip. Read more..

By JOHN BIGGS - The New York Times

Big Law Firms From 2 Coasts Move Closer to a Merger

The merger between Dewey Ballantine and Orrick, Herrington & Sutcliffe would be the latest in a wave of consolidation among law firms. Read more..

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

Daimler Minus Chrysler = Pure Speculation

Executives at Daimler refused to rule out the possibility that the Chrysler Group could be spun off or sold. Read more..

By MICHELINE MAYNARD - The New York Times

Diller Takes the Prize for Highest Paid

The highest-paid executive last year was Barry Diller, chairman and chief executive of IAC/Interactive. Read more..

By GERALDINE FABRIKANT - The New York Times

Fed Again Leaves Rate Unchanged

The move gave investors reason to think that the rate could remain at its current level of 5.25 percent for months to come. Read more..

By DAVID LEONHARDT - The New York Times

More Than a Road Map, and You Don’t Have to Fold It

While it cannot promise a good time, the G.P.S. Navigator takes most of the work out of planning a coffee-fueled cruise down Route 66. Read more..

By JOHN BIGGS - The New York Times

Shell Could Face Criminal Charges in Russia

Shell and two Japanese partners were accused of violating Russian environmental law at their Sakhalin 2 project. Read more..

By ANDREW E. KRAMER - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
MicrosoftMSFT28.3328.4128.0428.3570M
IntelINTC21.7521.8321.6121.7744M
PfizerPFE27.2827.4527.0727.2841.1M
Cisco SystemsCSCO24.3424.3623.9624.1934.3M
Oracle Corp.ORCL18.7118.8818.4718.7230M
ExxonMobilXOM72.0072.3370.6671.6226.4M
ComcastCMCSA40.3240.5139.3640.0025.6M
AT&T Inc.T34.3534.7034.1734.4023.6M
General ElectricGE35.7535.7935.4235.5920M
Verizon CommunicationsVZ38.2738.8538.2438.7418.6M
AmazonAMZN37.2538.4937.1838.3017.1M
AppleAAPL81.9082.6081.1382.1915.5M
Home DepotHD36.8437.5436.6337.3815.4M
Wal-Mart StoresWMT50.7751.7550.6551.7514.2M
AltriaMO82.2582.8581.2181.5714.1M
AlphabetGOOGL487.68491.96484.20485.1014M
ConocoPhillipsCOP63.2663.2961.7461.8412.4M
HP Inc.HPQ39.1939.4839.0439.1712.1M
Bristol-Myers SquibbBMY24.7824.9223.9324.5311.8M
SchlumbergerSLB64.5064.6263.7464.1111M
BoeingBA80.6580.7577.7779.1410.6M
Walt Disney & Co.DIS31.3531.9831.3031.9810.4M
MerckMRK46.2246.3445.8146.219.29M
Abbott LaboratoriesABT48.0548.2847.5047.899.14M
ChevronCVX68.2868.5067.2867.508.88M
Johnson & JohnsonJNJ68.7768.8968.0868.828.17M
UnitedHealth GroupUNH49.3049.6548.9049.377.95M
Coca-ColaKO47.1647.2046.8947.147.84M
JPMorgan ChaseJPM47.3547.9547.3147.777.64M
AmgenAMGN75.1676.3274.7375.987.24M
Procter & GamblePG63.1063.6762.9063.506.43M
McDonald'sMCD41.9242.1541.6142.116.37M
Wells Fargo & Co.WFC36.3336.4836.0836.436.28M
International Business MachinesIBM91.6391.9391.2591.544.99M
PepsicoPEP63.4663.9863.4063.824.58M
United TechnologiesUTX65.2465.3864.2865.243.08M
Gilead SciencesGILD67.7769.4167.4069.352.48M
3MMMM79.4679.5078.5479.242.39M
Union PacificUNP92.0392.0890.7191.121.15M
Berkshire HathawayBRK.B3425.003496.003422.003490.0028.8K
Exchange Rates of October 26, 2006
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 118.410 JPY1 JPY = 0.008 USD
US DollarCanadian Dollar1 USD = 1.123 CAD1 CAD = 0.891 USD
US DollarSwiss Franc1 USD = 1.255 CHF1 CHF = 0.797 USD
US DollarChinese Yuan1 USD = 7.895 CNY1 CNY = 0.127 USD
EuroJapanese Yen1 EUR = 150.230 JPY1 JPY = 0.007 EUR
EuroPound Sterling1 EUR = 0.671 GBP1 GBP = 1.490 EUR
EuroAustralian Dollar1 EUR = 1.660 AUD1 AUD = 0.602 EUR
EuroCanadian Dollar1 EUR = 1.424 CAD1 CAD = 0.702 EUR
EuroSwiss Franc1 EUR = 1.592 CHF1 CHF = 0.628 EUR
Japanese YenPound Sterling1 JPY = 0.447 GBP1 GBP = 2.239 JPY
Japanese YenAustralian Dollar1 JPY = 1.104 AUD1 AUD = 0.905 JPY
Japanese YenCanadian Dollar1 JPY = 0.948 CAD1 CAD = 1.055 JPY
Japanese YenSwiss Franc1 JPY = 1.059 CHF1 CHF = 0.944 JPY
Pound SterlingAustralian Dollar1 GBP = 2.473 AUD1 AUD = 0.404 GBP
Pound SterlingCanadian Dollar1 GBP = 2.122 CAD1 CAD = 0.471 GBP
Pound SterlingSwiss Franc1 GBP = 2.370 CHF1 CHF = 0.422 GBP
Australian DollarCanadian Dollar1 AUD = 0.857 CAD1 CAD = 1.166 AUD
Australian DollarSwiss Franc1 AUD = 0.958 CHF1 CHF = 1.044 AUD
Canadian DollarSwiss Franc1 CAD = 1.117 CHF1 CHF = 0.895 CAD

See what else happened on October 26, 2006