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

Stock Ticker symbol Open High Low Close Volume
Intel INTC 20.06 20.75 20.05 20.39 132M
Microsoft MSFT 27.18 27.47 27.12 27.44 66.2M
Cisco Systems CSCO 23.31 23.48 23.12 23.35 37.4M
Oracle Corp. ORCL 18.08 18.19 17.90 17.93 34.1M
Apple AAPL 77.17 77.47 75.82 76.41 28.9M
Verizon Communications VZ 37.89 37.95 36.40 36.78 27.6M
General Electric GE 35.33 35.65 35.17 35.34 26.5M
Pfizer PFE 28.25 28.50 28.21 28.41 23.9M
ExxonMobil XOM 66.68 67.43 66.14 67.13 23.4M
AT&T Inc. T 33.29 33.58 32.37 32.57 22.7M
Altria MO 76.10 77.55 76.01 77.29 22.3M
ConocoPhillips COP 59.00 59.55 58.09 59.10 20.2M
HP Inc. HPQ 35.40 35.75 35.15 35.39 15.9M
Wal-Mart Stores WMT 49.06 49.76 49.04 49.50 15.7M
Schlumberger SLB 59.00 60.73 58.86 60.55 14.9M
Amgen AMGN 70.54 72.37 70.13 72.14 14.7M
McDonald's MCD 39.43 40.06 39.43 39.82 14.5M
Walt Disney & Co. DIS 30.91 31.46 30.90 31.04 13.2M
Merck MRK 42.00 42.50 41.81 42.40 12.7M
Chevron CVX 63.84 64.75 63.28 64.20 12.3M
Alphabet GOOGL 406.30 411.22 402.37 402.92 11.7M
Abbott Laboratories ABT 48.07 48.39 47.56 48.37 10.7M
Comcast CMCSA 36.09 36.66 36.01 36.52 10.2M
Home Depot HD 36.65 36.84 36.23 36.46 8.97M
JPMorgan Chase JPM 46.79 47.21 46.62 46.84 8.88M
Bristol-Myers Squibb BMY 24.85 25.09 24.76 25.00 8.48M
Procter & Gamble PG 62.48 62.85 62.36 62.73 8.29M
UnitedHealth Group UNH 48.62 49.32 47.91 49.08 6.51M
International Business Machines IBM 82.00 82.67 81.71 82.09 5.88M
Wells Fargo & Co. WFC 36.45 36.46 36.09 36.18 5.73M
Coca-Cola KO 44.55 44.90 44.34 44.71 5.67M
Johnson & Johnson JNJ 64.54 64.87 64.52 64.82 5.52M
Amazon AMZN 32.28 32.46 31.93 32.33 5.47M
Gilead Sciences GILD 66.89 67.39 66.16 67.33 4.66M
Boeing BA 79.17 79.96 79.17 79.41 4.29M
Pepsico PEP 65.20 65.99 65.16 65.91 4.22M
3M MMM 74.85 74.97 74.35 74.65 3.38M
United Technologies UTX 63.68 63.80 63.06 63.14 2.93M
Union Pacific UNP 85.56 88.19 85.45 87.65 2.53M
Berkshire Hathaway BRK.B 3140.00 3173.00 3137.00 3169.50 11.8K
Exchange Rates of September 27, 2006
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 117.450 JPY 1 JPY = 0.009 USD
US Dollar Canadian Dollar 1 USD = 1.112 CAD 1 CAD = 0.900 USD
US Dollar Swiss Franc 1 USD = 1.244 CHF 1 CHF = 0.804 USD
US Dollar Chinese Yuan 1 USD = 7.905 CNY 1 CNY = 0.127 USD
Euro Japanese Yen 1 EUR = 149.190 JPY 1 JPY = 0.007 EUR
Euro Pound Sterling 1 EUR = 0.672 GBP 1 GBP = 1.487 EUR
Euro Australian Dollar 1 EUR = 1.690 AUD 1 AUD = 0.592 EUR
Euro Canadian Dollar 1 EUR = 1.412 CAD 1 CAD = 0.708 EUR
Euro Swiss Franc 1 EUR = 1.580 CHF 1 CHF = 0.633 EUR
Japanese Yen Pound Sterling 1 JPY = 0.450 GBP 1 GBP = 2.220 JPY
Japanese Yen Australian Dollar 1 JPY = 1.132 AUD 1 AUD = 0.883 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.946 CAD 1 CAD = 1.057 JPY
Japanese Yen Swiss Franc 1 JPY = 1.059 CHF 1 CHF = 0.944 JPY
Pound Sterling Australian Dollar 1 GBP = 2.514 AUD 1 AUD = 0.398 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.100 CAD 1 CAD = 0.476 GBP
Pound Sterling Swiss Franc 1 GBP = 2.350 CHF 1 CHF = 0.426 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.835 CAD 1 CAD = 1.198 AUD
Australian Dollar Swiss Franc 1 AUD = 0.934 CHF 1 CHF = 1.070 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.119 CHF 1 CHF = 0.894 CAD

See what else happened on September 27, 2006