Financial news on September 27, 2006

Business and Financial news
73% of Delphi Union Workers Agree to Leave by End of Year

In all, 27,500 union workers on Delphi’s payroll have agreed to leave their jobs as the world’s largest auto parts maker prepares to close most of its factories. Read more..

By NICK BUNKLEY - The New York Times

Dow Climbs 93 Points and Posts Its Second-Highest Close

By Bloomberg News. Read more..

By BLOOMBERG NEWS - The New York Times

Fastow Sentenced to 6 Years

The judge said he gave Andrew Fastow a lighter sentence in part because he has been "persecuted" since Enron’s collapse. Read more..

By KATE MURPHY and ALEXEI BARRIONUEVO - The New York Times

Germans Raise Bid for Spanish Utility

Despite winning new support from European regulators, the German power company E.On was forced on Tuesday to raise its offer for the Spanish utility Endesa. Read more..

By JAMES KANTER and RENWICK McLEAN - The New York Times

H.P. Director’s Cellphone a Frequent Target

George A. Keyworth II and his family were victims of repeated attempts to use pretexting to gain their cellphone records. Read more..

By MATT RICHTEL - The New York Times

Intel Fires Back at A.M.D. Over Bragging Rights on Chip

Advanced Micro Devices and Intel are vying to be the first to create a new generation of chips with four processing cores. Read more..

By JOHN MARKOFF - The New York Times

Johnson & Johnson Sues Boston Scientific, Guidant and Abbott Laboratories Over Deal

The suit claims that the three companies illegally shared information on their way to scuttling Guidant’s agreement to sell itself to Johnson & Johnson. Read more..

By BARNABY J. FEDER - The New York Times

Kerkorian Appeals Ruling Backing Daimler-Chrysler Merger

The billionaire investor Kirk Kerkorian contends he was shortchanged in the 1998 “merger of equals” between Chrysler and Daimler-Benz. Read more..

By RITA K. FARRELL - The New York Times

Millennium Wins Bidding for AnorMed

By Bloomberg News. Read more..

By BLOOMBERG NEWS - The New York Times

The Choice: A Longer Life or More Stuff

Why isn’t spending on, say, surgery considered good for the economy? Read more..

By DAVID LEONHARDT - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
IntelINTC20,0620,7520,0520,39132M
MicrosoftMSFT27,1827,4727,1227,4466.2M
Cisco SystemsCSCO23,3123,4823,1223,3537.4M
Oracle Corp.ORCL18,0818,1917,9017,9334.1M
AppleAAPL77,1777,4775,8276,4128.9M
Verizon CommunicationsVZ37,8937,9536,4036,7827.6M
General ElectricGE35,3335,6535,1735,3426.5M
PfizerPFE28,2528,5028,2128,4123.9M
ExxonMobilXOM66,6867,4366,1467,1323.4M
AT&T Inc.T33,2933,5832,3732,5722.7M
AltriaMO76,1077,5576,0177,2922.3M
ConocoPhillipsCOP59,0059,5558,0959,1020.2M
HP Inc.HPQ35,4035,7535,1535,3915.9M
Wal-Mart StoresWMT49,0649,7649,0449,5015.7M
SchlumbergerSLB59,0060,7358,8660,5514.9M
AmgenAMGN70,5472,3770,1372,1414.7M
McDonald'sMCD39,4340,0639,4339,8214.5M
Walt Disney & Co.DIS30,9131,4630,9031,0413.2M
MerckMRK42,0042,5041,8142,4012.7M
ChevronCVX63,8464,7563,2864,2012.3M
AlphabetGOOGL406,30411,22402,37402,9211.7M
Abbott LaboratoriesABT48,0748,3947,5648,3710.7M
ComcastCMCSA36,0936,6636,0136,5210.2M
Home DepotHD36,6536,8436,2336,468.97M
JPMorgan ChaseJPM46,7947,2146,6246,848.88M
Bristol-Myers SquibbBMY24,8525,0924,7625,008.48M
Procter & GamblePG62,4862,8562,3662,738.29M
UnitedHealth GroupUNH48,6249,3247,9149,086.51M
International Business MachinesIBM82,0082,6781,7182,095.88M
Wells Fargo & Co.WFC36,4536,4636,0936,185.73M
Coca-ColaKO44,5544,9044,3444,715.67M
Johnson & JohnsonJNJ64,5464,8764,5264,825.52M
AmazonAMZN32,2832,4631,9332,335.47M
Gilead SciencesGILD66,8967,3966,1667,334.66M
BoeingBA79,1779,9679,1779,414.29M
PepsicoPEP65,2065,9965,1665,914.22M
3MMMM74,8574,9774,3574,653.38M
United TechnologiesUTX63,6863,8063,0663,142.93M
Union PacificUNP85,5688,1985,4587,652.53M
Berkshire HathawayBRK.B3140,003173,003137,003169,5011.8K
Exchange Rates of September 27, 2006
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 117,450 JPY1 JPY = 0,009 USD
US DollarCanadian Dollar1 USD = 1,112 CAD1 CAD = 0,900 USD
US DollarSwiss Franc1 USD = 1,244 CHF1 CHF = 0,804 USD
US DollarChinese Yuan1 USD = 7,905 CNY1 CNY = 0,127 USD
EuroJapanese Yen1 EUR = 149,190 JPY1 JPY = 0,007 EUR
EuroPound Sterling1 EUR = 0,672 GBP1 GBP = 1,487 EUR
EuroAustralian Dollar1 EUR = 1,690 AUD1 AUD = 0,592 EUR
EuroCanadian Dollar1 EUR = 1,412 CAD1 CAD = 0,708 EUR
EuroSwiss Franc1 EUR = 1,580 CHF1 CHF = 0,633 EUR
Japanese YenPound Sterling1 JPY = 0,450 GBP1 GBP = 2,220 JPY
Japanese YenAustralian Dollar1 JPY = 1,132 AUD1 AUD = 0,883 JPY
Japanese YenCanadian Dollar1 JPY = 0,946 CAD1 CAD = 1,057 JPY
Japanese YenSwiss Franc1 JPY = 1,059 CHF1 CHF = 0,944 JPY
Pound SterlingAustralian Dollar1 GBP = 2,514 AUD1 AUD = 0,398 GBP
Pound SterlingCanadian Dollar1 GBP = 2,100 CAD1 CAD = 0,476 GBP
Pound SterlingSwiss Franc1 GBP = 2,350 CHF1 CHF = 0,426 GBP
Australian DollarCanadian Dollar1 AUD = 0,835 CAD1 CAD = 1,198 AUD
Australian DollarSwiss Franc1 AUD = 0,934 CHF1 CHF = 1,070 AUD
Canadian DollarSwiss Franc1 CAD = 1,119 CHF1 CHF = 0,894 CAD

See what else happened on September 27, 2006