Financial news on June 27, 2006

Business and Financial news
Chief Executive Is Ousted at Kraft Foods

With earnings growth lackluster and the share price stagnant, the directors of Kraft Food ousted the chief executive, Roger K. Deromedi. Read more..

By MELANIE WARNER - The New York Times

Citigroup Punishment Ends

In May 2004, Citigroup was fined $70 million and cited for weak controls and lying to banking regulators. Read more..

By BLOOMBERG NEWS - The New York Times

In Late Twist, Univision Accepts Bid

The board of Univision Communications agreed to sell the company for $11 billion to a private equity consortium. Read more..

By ANDREW ROSS SORKIN - The New York Times

Johnson & Johnson Buys Pfizer Unit for $16.6 Billion

Analysts said the move would make Johnson & Johnson the world's largest consumer health care company. Read more..

By STEPHANIE SAUL - The New York Times

Online Effort Is Planned Against Child Pornography

In the face of government pressure, a group of Internet companies is undertaking a cooperative effort to help combat child pornography online. Read more..

By SAUL HANSELL - The New York Times

Russian Politicians See Russophobia in Arcelor's Decision to Go With Mittal Steel

Russian politicians believe the oligarch Aleksei Mordashov lost the battle for the steel company Arcelor because of a bias against Russian businesses. Read more..

By HEATHER TIMMONS and ANDREW KRAMER - The New York Times

Supreme Court to Review Antitrust Case Against Phone Companies

The lawsuit accuses the nation's largest telephone companies of conspiring to carve up local markets to preserve their monopolies. Read more..

By STEPHEN LABATON - The New York Times

The Complaint Department Is Open for Business

In last week's column I suggested we hear more about readers' air-travel pet peeves. The response was impressive. Read more..

By JOE SHARKEY - The New York Times

Thousands of Devices for Hearts Are Recalled

Boston Scientific said that it was recalling 23,000 pacemakers and defibrillators and recommended that patients who already have the devices consult their doctors. Read more..

By BARNABY J. FEDER - The New York Times

Tools Can Catch Expense-Account Padders (and Make Filing Easier)

More companies are adopting sophisticated new technology to help track and crack down on employee expense accounts. Read more..

By PAUL BURNHAM FINNEY - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Microsoft MSFT 22,89 23,16 22,84 22,86 84.8M
Intel INTC 18,65 18,70 18,05 18,05 61.1M
Oracle Corp. ORCL 14,61 14,67 14,33 14,50 41.9M
Cisco Systems CSCO 19,63 19,78 19,27 19,30 36.3M
ExxonMobil XOM 59,09 59,91 58,97 59,65 27M
General Electric GE 33,21 33,27 32,88 32,88 23.6M
Pfizer PFE 23,02 23,11 22,71 22,80 21.5M
Apple AAPL 59,09 59,22 57,40 57,43 19.7M
ConocoPhillips COP 62,23 64,09 62,23 62,75 14.5M
JPMorgan Chase JPM 41,30 41,57 40,69 40,84 14.1M
HP Inc. HPQ 32,50 32,59 31,90 31,94 13M
Verizon Communications VZ 32,72 32,79 32,42 32,44 10.5M
Johnson & Johnson JNJ 60,22 60,26 59,51 59,55 10.4M
Home Depot HD 36,55 36,71 36,30 36,37 10M
AT&T Inc. T 27,39 27,49 27,29 27,35 9.87M
Schlumberger SLB 60,25 61,07 59,28 59,65 9.25M
Walt Disney & Co. DIS 29,58 29,65 29,32 29,41 9.02M
Amgen AMGN 64,35 64,78 63,93 63,98 8.57M
Wal-Mart Stores WMT 47,95 48,27 47,57 47,63 8.42M
Alphabet GOOGL 405,71 408,00 401,01 402,32 8.21M
Abbott Laboratories ABT 42,10 42,23 41,44 41,64 8.07M
Chevron CVX 60,00 61,39 59,96 60,10 7.79M
Comcast CMCSA 31,52 31,68 30,93 30,95 7.51M
Bristol-Myers Squibb BMY 25,73 25,76 25,22 25,29 7.42M
Procter & Gamble PG 55,99 56,00 55,20 55,75 7.34M
Altria MO 72,52 73,03 71,67 72,50 7.11M
Merck MRK 34,90 34,98 34,61 34,71 6.27M
Coca-Cola KO 42,69 42,78 42,27 42,51 6M
Amazon AMZN 36,72 37,50 36,17 36,48 5.64M
International Business Machines IBM 77,32 77,60 76,32 76,63 5.6M
McDonald's MCD 32,50 32,79 32,49 32,51 4.59M
UnitedHealth Group UNH 44,72 44,97 44,17 44,22 4.39M
Wells Fargo & Co. WFC 65,80 65,80 65,14 65,14 4.11M
Pepsico PEP 58,71 59,59 58,65 59,11 3.5M
Boeing BA 83,85 84,20 81,76 81,93 3.21M
Gilead Sciences GILD 55,85 56,33 54,77 55,18 3.12M
3M MMM 80,40 80,93 78,62 78,70 2.53M
United Technologies UTX 61,34 62,41 61,34 61,40 2.52M
Union Pacific UNP 89,01 89,88 87,99 88,16 1.49M
Berkshire Hathaway BRK.B 3040,00 3064,00 3040,00 3043,00 23.4K
Exchange Rates of June 27, 2006
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 116,240 JPY 1 JPY = 0,009 USD
US Dollar Canadian Dollar 1 USD = 1,123 CAD 1 CAD = 0,890 USD
US Dollar Swiss Franc 1 USD = 1,243 CHF 1 CHF = 0,805 USD
US Dollar Chinese Yuan 1 USD = 7,997 CNY 1 CNY = 0,125 USD
Euro Japanese Yen 1 EUR = 146,220 JPY 1 JPY = 0,007 EUR
Euro Pound Sterling 1 EUR = 0,690 GBP 1 GBP = 1,448 EUR
Euro Australian Dollar 1 EUR = 1,717 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 = 2,486 AUD 1 AUD = 0,402 GBP
Pound Sterling Canadian Dollar 1 GBP = 2,046 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 = 1,216 AUD
Australian Dollar Swiss Franc 1 AUD = 0,910 CHF 1 CHF = 1,099 AUD

See what else happened on June 27, 2006