Financial news on July 27, 2006

Business and Financial news
2 Hyundai Companies Deal Far Differently With Labor

South Korea is struggling to overcome labor unrest, commonly cited as a weak spot for the economy and particularly the auto industry. Read more..

By CHOE SANG-HUN, International Herald Tribune - The New York Times

Black & Decker Earnings Rise

TOWSON, Md., July 26 (Dow Jones/AP) — Black & Decker’s second-quarter net earnings rose slightly, but missed the average Wall Street forecast. Read more..

By DOW JONES/THE ASSOCIATED PRESS - The New York Times

Google to Disclose Dishonest Ad Clicks

Google said it would disclose the number of clicks on ads that it deems are invalid in a bid to assuage concerns over “click fraud.” Read more..

By BLOOMBERG NEWS - The New York Times

Honda’s Quarterly Profit Rises Nearly a Third on Strong Sales

The company’s sharply higher profit came as a result of the popularity of fuel-efficient cars like the Civic and the Fit. Read more..

By MARTIN FACKLER - The New York Times

Nike-Nano Combination to Improve Communication With Your Feet

The iPod Nano music player can now do more than just pump out the tunes: it can also talk to your Nikes. Read more..

By JOHN BIGGS - The New York Times

Operations at G.M. Post Profit

Over all, the company lost $3.1 billion in the second quarter, including a raft of charges related to restructuring. Read more..

By MICHELINE MAYNARD - The New York Times

Own a PSP, but Tired of Squinting?

If you don’t want to watch a movie or play a game on a 4½-inch-wide screen, there is now a clamp-on solution. Read more..

By CHARLES HEROLD - The New York Times

Portable Navigation Systems Going in More Directions

Portable navigation systems are becoming quite handy in other ways as well — and not just for drivers. Read more..

By IVAN BERGER - The New York Times

Sizing Up a Monitor

Q. What exactly does it mean when a laptop is described as having “a 17-inch diagonal widescreen display?” Read more..

By J. D. BIERSDORFER - The New York Times

Vaccines and Diabetes Drug Lift Glaxo’s Profit

This month, GlaxoSmithKline resumed sales of its diabetes drug Avandia after resolving quality control problems at a plant in Puerto Rico. 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
Microsoft MSFT 24.58 24.60 23.77 23.87 85.4M
Intel INTC 17.74 17.88 17.42 17.47 54.4M
Oracle Corp. ORCL 15.08 15.19 14.79 14.87 37.2M
Pfizer PFE 25.20 25.67 25.13 25.65 35.9M
Comcast CMCSA 33.57 34.33 33.46 34.02 33.7M
Cisco Systems CSCO 18.06 18.12 17.60 17.69 33.2M
ExxonMobil XOM 67.40 67.65 66.45 66.47 29.4M
Bristol-Myers Squibb BMY 25.10 25.20 23.72 24.04 29.4M
Amazon AMZN 26.45 26.80 26.00 26.56 26.4M
Apple AAPL 64.51 65.02 62.86 63.40 26.3M
AT&T Inc. T 29.50 30.09 29.46 29.68 22.2M
General Electric GE 32.75 32.88 32.54 32.65 21.6M
Merck MRK 40.15 41.06 40.05 40.98 20.3M
HP Inc. HPQ 31.76 32.58 31.65 32.19 15.7M
UnitedHealth Group UNH 48.70 49.55 47.40 49.46 15.4M
JPMorgan Chase JPM 44.68 44.97 44.20 44.70 13.8M
Verizon Communications VZ 33.43 33.96 33.15 33.32 12.1M
ConocoPhillips COP 69.65 69.85 67.75 68.01 11.9M
Home Depot HD 34.67 34.88 33.89 34.02 11.6M
Alphabet GOOGL 387.37 387.49 377.95 382.40 11.3M
Abbott Laboratories ABT 47.00 47.69 46.98 47.22 10.7M
Walt Disney & Co. DIS 29.64 29.64 29.17 29.21 10.6M
Chevron CVX 68.44 68.47 67.54 67.73 9.27M
Schlumberger SLB 67.55 68.40 65.57 66.70 9.16M
Wal-Mart Stores WMT 43.97 44.00 43.47 43.53 8.71M
Johnson & Johnson JNJ 62.15 62.57 62.05 62.56 7.66M
Amgen AMGN 69.95 70.46 68.53 69.28 7.4M
Altria MO 80.20 80.59 79.65 79.87 7.26M
International Business Machines IBM 75.83 77.29 75.75 76.15 6.44M
Coca-Cola KO 44.55 44.64 44.22 44.31 6.41M
3M MMM 70.50 70.70 69.46 69.75 6.14M
Procter & Gamble PG 56.85 56.99 56.40 56.44 5.57M
McDonald's MCD 34.70 34.95 34.45 34.73 5.28M
Boeing BA 80.00 80.29 78.15 78.71 5.2M
Wells Fargo & Co. WFC 71.06 71.25 69.94 70.07 4.89M
Pepsico PEP 63.84 63.85 62.41 62.49 4.19M
United Technologies UTX 62.22 62.50 61.40 61.63 4.19M
Gilead Sciences GILD 62.47 62.84 60.55 61.21 2.46M
Union Pacific UNP 83.71 84.40 83.28 83.77 1.69M
Berkshire Hathaway BRK.B 3032.00 3045.00 3024.00 3045.00 19.7K
Exchange Rates of July 27, 2006
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 115.740 JPY 1 JPY = 0.009 USD
US Dollar Canadian Dollar 1 USD = 1.134 CAD 1 CAD = 0.882 USD
US Dollar Swiss Franc 1 USD = 1.239 CHF 1 CHF = 0.807 USD
US Dollar Chinese Yuan 1 USD = 7.974 CNY 1 CNY = 0.125 USD
Euro Japanese Yen 1 EUR = 146.900 JPY 1 JPY = 0.007 EUR
Euro Pound Sterling 1 EUR = 0.683 GBP 1 GBP = 1.464 EUR
Euro Australian Dollar 1 EUR = 1.664 AUD 1 AUD = 0.601 EUR
Euro Canadian Dollar 1 EUR = 1.440 CAD 1 CAD = 0.695 EUR
Euro Swiss Franc 1 EUR = 1.572 CHF 1 CHF = 0.636 EUR
Pound Sterling Australian Dollar 1 GBP = 2.436 AUD 1 AUD = 0.411 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.108 CAD 1 CAD = 0.474 GBP
Pound Sterling Swiss Franc 1 GBP = 2.301 CHF 1 CHF = 0.435 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.865 CAD 1 CAD = 1.157 AUD
Australian Dollar Swiss Franc 1 AUD = 0.944 CHF 1 CHF = 1.059 AUD

See what else happened on July 27, 2006