Financial news on December 28, 2006

Business and Financial news
Brilliant Ideas That Found a Welcome

A top 10 list — not of the greatest tech products, but of the greatest individual features that surfaced in 2006. Read more..

By DAVID POGUE - The New York Times

Broadcaster Settles Lawsuit Over Payola

Entercom Communications agreed to pay $4.25 million to settle a lawsuit over kickbacks paid for radio airtime. Read more..

By BLOOMBERG NEWS - The New York Times

Google Wins Dismissal of Patent Lawsuit

Google won a dismissal of a lawsuit filed by a Wisconsin company over four patents covering database search technology. Read more..

By BLOOMBERG NEWS - The New York Times

Home Sales Rose 3.4% Last Month

Builders sold new homes at a faster rate last month than they did in October, shrinking the backlog of unsold homes on the market. Read more..

By JEREMY W. PETERS - The New York Times

Japan, Home of the Cute and Inbred Dog

Rampant inbreeding has given Japanese dogs some of the highest rates of genetic defects in the world. Read more..

By MARTIN FACKLER - The New York Times

Norton to Join Shell

Royal Dutch Shell said Gale A. Norton, former U.S. secretary of the interior would join the company as general counsel. Read more..

By BLOOMBERG NEWS - The New York Times

Now Looking Green Is Looking Good

More ad agencies are figuring that there is good money to be made from specializing in ads that promote greenness. Read more..

By CLAUDIA H. DEUTSCH - The New York Times

Street Expresses New Confidence in Drug-Coated Stents

Analysts are now forecasting that drug-coated stents will account for 75 percent to 80 percent of the domestic market in the last quarter of this year. Read more..

By BARNABY J. FEDER - The New York Times

The Day the Pixels Froze: When a Digital World Was Stopped by a Natural Disaster

The earthquake off the coast of Taiwan was a reminder of the world’s increasing dependence on communications technology. Read more..

By SETH MYDANS - The New York Times

Want to Take Upside-Down Photos? Try a MonsterPod

The MonsterPod is a unique camera tripod that can stick to any surface and hang motionless. Read more..

By JOHN BIGGS - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Apple AAPL 80.22 81.25 79.65 80.87 40M
Cisco Systems CSCO 27.29 27.58 27.25 27.42 34.8M
Intel INTC 20.40 20.48 20.33 20.42 29.7M
Microsoft MSFT 29.86 30.03 29.81 29.98 26.7M
Pfizer PFE 26.02 26.20 25.85 26.07 24M
Oracle Corp. ORCL 17.13 17.25 17.04 17.20 20.5M
General Electric GE 37.70 37.76 37.45 37.48 16.9M
AT&T Inc. T 35.30 35.66 35.25 35.50 12.9M
ExxonMobil XOM 76.77 77.44 76.65 77.33 10.8M
Verizon Communications VZ 37.02 37.35 37.02 37.32 9.46M
ConocoPhillips COP 72.27 73.14 72.10 72.67 9.43M
Home Depot HD 39.41 39.81 39.38 39.73 8.89M
HP Inc. HPQ 41.42 41.65 41.28 41.36 7.56M
Walt Disney & Co. DIS 34.54 34.81 34.47 34.52 7.21M
Wal-Mart Stores WMT 45.81 46.20 45.81 46.01 7.1M
Abbott Laboratories ABT 48.75 49.10 48.65 48.93 6.92M
JPMorgan Chase JPM 48.80 49.00 48.64 48.92 6.53M
Alphabet GOOGL 467.12 468.58 462.25 462.56 6.23M
Johnson & Johnson JNJ 65.86 66.60 65.86 66.42 5.45M
Amgen AMGN 68.31 68.61 67.88 68.54 5.32M
Bristol-Myers Squibb BMY 26.30 26.41 26.21 26.31 4.91M
Altria MO 85.81 86.45 85.61 86.23 4.61M
Amazon AMZN 40.38 40.63 39.92 40.21 4.55M
International Business Machines IBM 97.11 97.40 96.87 96.97 4.5M
Wells Fargo & Co. WFC 36.05 36.09 35.83 35.92 4.33M
Schlumberger SLB 64.23 64.25 63.13 63.63 4.3M
Merck MRK 43.12 43.71 43.12 43.55 4.21M
Chevron CVX 74.26 74.51 74.01 74.28 4.06M
Coca-Cola KO 48.65 48.81 48.50 48.54 3.95M
Procter & Gamble PG 64.17 64.62 64.12 64.48 3.9M
UnitedHealth Group UNH 52.91 53.75 52.87 53.66 3.63M
McDonald's MCD 44.34 44.63 44.02 44.36 3.41M
Comcast CMCSA 42.73 42.98 42.59 42.70 3.17M
United Technologies UTX 63.13 63.14 62.54 62.81 2.53M
Pepsico PEP 62.95 63.36 62.76 63.25 2.49M
Gilead Sciences GILD 65.83 66.09 64.70 65.35 2.21M
3M MMM 78.50 78.89 78.02 78.16 1.69M
Boeing BA 88.85 89.20 88.41 89.00 1.27M
Union Pacific UNP 91.75 92.32 91.75 92.00 1.18M
Berkshire Hathaway BRK.B 3682.00 3682.00 3652.00 3667.50 10.5K
Exchange Rates of December 28, 2006
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 118.910 JPY 1 JPY = 0.008 USD
US Dollar Canadian Dollar 1 USD = 1.160 CAD 1 CAD = 0.862 USD
US Dollar Swiss Franc 1 USD = 1.222 CHF 1 CHF = 0.819 USD
US Dollar Chinese Yuan 1 USD = 7.814 CNY 1 CNY = 0.128 USD
Euro Japanese Yen 1 EUR = 156.360 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.670 GBP 1 GBP = 1.493 EUR
Euro Australian Dollar 1 EUR = 1.662 AUD 1 AUD = 0.602 EUR
Euro Canadian Dollar 1 EUR = 1.526 CAD 1 CAD = 0.655 EUR
Euro Swiss Franc 1 EUR = 1.606 CHF 1 CHF = 0.623 EUR
Japanese Yen Pound Sterling 1 JPY = 0.428 GBP 1 GBP = 2.336 JPY
Japanese Yen Australian Dollar 1 JPY = 1.062 AUD 1 AUD = 0.941 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.975 CAD 1 CAD = 1.025 JPY
Japanese Yen Swiss Franc 1 JPY = 1.027 CHF 1 CHF = 0.974 JPY
Pound Sterling Australian Dollar 1 GBP = 2.482 AUD 1 AUD = 0.403 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.278 CAD 1 CAD = 0.439 GBP
Pound Sterling Swiss Franc 1 GBP = 2.398 CHF 1 CHF = 0.417 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.917 CAD 1 CAD = 1.090 AUD
Australian Dollar Swiss Franc 1 AUD = 0.966 CHF 1 CHF = 1.035 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.052 CHF 1 CHF = 0.950 CAD

See what else happened on December 28, 2006