Financial news on July 28th, 2006

Business and Financial news
Bottom of the Ninth for Topps

A proxy fight led by the manager of a tiny hedge fund is pressing management at the baseball card maker. Read more..

By MICHAEL J. de la MERCED - The New York Times

Cameras and TV’s Lead Sales Gains at Sony

Analysts called the return to profit an early sign of success for Sir Howard Stringer, who took Sony’s helm a year ago. Read more..

By MARTIN FACKLER - The New York Times

Drug Makers Pay for Lunch as They Pitch

Free lunches, along with pitches from drug makers, arrive regularly at doctors’ offices nationwide. Read more..

By STEPHANIE SAUL - The New York Times

Patent Deal on a Drug Scrutinized

The Justice Department is investigating whether the deal thwarted a lower-priced competitor for Plavix. Read more..

By STEPHANIE SAUL - The New York Times

Record and Movie Industries Reach a Settlement With Kazaa

The file-sharing service agreed to pay more than $100 million and to transform itself into a legitimate seller. Read more..

By ERIC PFANNER - The New York Times

U.S. Restaurant Chains Find There Is No Too Much

A lot of Americans say they want to eat healthier these days, but increasingly, restaurant chains are not buying it. Read more..

By MELANIE WARNER - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Cisco SystemsCSCO17,8418,0817,7918,0837.8M
Oracle Corp.ORCL14,9315,1214,8515,0725.8M
AT&T Inc.T29,7230,4029,7030,0623.4M
General ElectricGE32,8033,2332,7433,0221.1M
Bristol-Myers SquibbBMY24,0424,8023,8224,4715.7M
Walt Disney & Co.DIS29,3829,7929,2629,7014.9M
JPMorgan ChaseJPM44,8845,5444,8045,4814.2M
Wal-Mart StoresWMT43,7744,5443,7744,4612.4M
UnitedHealth GroupUNH49,8550,5447,4747,8510.6M
HP Inc.HPQ32,2832,4131,9232,1110.6M
Home DepotHD34,3435,0034,2934,599.57M
Abbott LaboratoriesABT47,5548,1147,4847,829.47M
Verizon CommunicationsVZ33,5833,9233,3933,739.36M
Johnson & JohnsonJNJ62,5563,0062,4562,927.79M
Wells Fargo & Co.WFC70,7072,5870,7072,417.12M
Procter & GamblePG56,8757,2356,6656,815.89M
International Business MachinesIBM76,3877,3076,2676,964.17M
United TechnologiesUTX61,8062,4761,8062,153.63M
Gilead SciencesGILD61,7362,4860,8062,482.92M
Union PacificUNP83,9085,5983,4985,222.39M
Berkshire HathawayBRK.B3035,003050,003035,003043,0014.3K
Exchange Rates of July 28th, 2006
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 114,780 JPY1 JPY = 0,009 USD
US DollarCanadian Dollar1 USD = 1,132 CAD1 CAD = 0,883 USD
US DollarSwiss Franc1 USD = 1,234 CHF1 CHF = 0,811 USD
US DollarChinese Yuan1 USD = 7,971 CNY1 CNY = 0,125 USD
EuroJapanese Yen1 EUR = 146,310 JPY1 JPY = 0,007 EUR
EuroPound Sterling1 EUR = 0,684 GBP1 GBP = 1,462 EUR
EuroAustralian Dollar1 EUR = 1,661 AUD1 AUD = 0,602 EUR
EuroCanadian Dollar1 EUR = 1,443 CAD1 CAD = 0,693 EUR
EuroSwiss Franc1 EUR = 1,573 CHF1 CHF = 0,636 EUR
Pound SterlingAustralian Dollar1 GBP = 2,427 AUD1 AUD = 0,412 GBP
Pound SterlingCanadian Dollar1 GBP = 2,109 CAD1 CAD = 0,474 GBP
Pound SterlingSwiss Franc1 GBP = 2,298 CHF1 CHF = 0,435 GBP
Australian DollarCanadian Dollar1 AUD = 0,868 CAD1 CAD = 1,152 AUD
Australian DollarSwiss Franc1 AUD = 0,946 CHF1 CHF = 1,057 AUD

See what else happened on July 28th, 2006