Financial news on September 28th, 2006

Business and Financial news
A Digital Camera That Accepts Your Treasured Leica Lenses

The Leica M8, packed with high-end features, is a 10-megapixel digital camera built on Leica’s M system of lenses. Read more..

By JOHN BIGGS - The New York Times

Amgen Prices Colon Cancer Drug 20% Below ImClone Rival

The move appeared to be a competitive strategy and based on public concerns about the costs of new cancer drugs. Read more..

By ANDREW POLLACK - The New York Times

Bid for Sears Canada Extended

The Sears Holdings Corporation extended until Oct. 31 its $802 million offer to buy the 46 percent of Sears Canada it does not already own. The proposal may be further extended as the company seeks to appeal a regulatory ruling blocking its effort... Read more..

By BLOOMBERG NEWS - The New York Times

Dressing Smartphones for Success

New gear ranges from cases to scratch-proof shields and headsets. Read more..

By JOHN BIGGS - The New York Times

Former Chief of Comverse Is Arrested in Namibia

The U.S. intends to seek Jacob Alexander’s extradition to face charges stemming from a scheme to backdate stock option grants. Read more..

By JULIE CRESWELL - The New York Times

Hispanic Jobless Rate Dips

Unemployment among Hispanics reached a record low of 5.2 percent in the second quarter of this year. Read more..

By THE NEW YORK TIMES - The New York Times

Icahn Turns His Eye, and $500 Million, on Federated

The move raises the possibility that Carl C. Icahn, the activist investor, may be planning to agitate for change at the company. Read more..


In Life’s Second Act, Some Take on a New Role: Entrepreneur

More retired people are rejecting unfettered leisure in favor of starting up small businesses. Read more..

By ELIZABETH OLSON - The New York Times

News Corp. Buys 2 Groups of Weekly Papers

The company broadened its metropolitan-area presence with the acquisition of two newspaper groups serving Queens and Brooklyn. Read more..

By MARIA ASPAN - The New York Times

The Search for Life in Yet Another Ghost Brand

Owners of many forlorn brands are selling or licensing them in the hopes of reviving them through advertising, price promotions and public relations. Read more..

By STUART ELLIOTT - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
AT&T Inc.T32,5732,5932,1732,3754.4M
Oracle Corp.ORCL17,9718,1517,8117,9943.5M
Cisco SystemsCSCO23,2323,5023,1223,4840.1M
General ElectricGE35,3335,6135,2235,4819.5M
Verizon CommunicationsVZ36,7837,0436,5936,9416.8M
HP Inc.HPQ35,2036,0235,0135,9715M
Wal-Mart StoresWMT49,5049,8449,0349,8112.8M
Home DepotHD36,3636,7636,1036,709.73M
Walt Disney & Co.DIS31,0031,2330,8230,939.67M
Abbott LaboratoriesABT48,4548,4747,9648,339.55M
Procter & GamblePG62,4162,5561,9262,269.38M
Bristol-Myers SquibbBMY24,9025,1024,6924,858.97M
JPMorgan ChaseJPM47,0047,3246,9047,156.17M
Wells Fargo & Co.WFC36,2536,3636,0736,125.45M
Johnson & JohnsonJNJ64,8865,0464,8164,905.02M
International Business MachinesIBM81,8582,3581,7281,994.59M
Gilead SciencesGILD67,4568,6367,4268,634.31M
United TechnologiesUTX63,3863,7362,4663,663.71M
UnitedHealth GroupUNH49,2049,5149,0049,463.61M
Union PacificUNP87,6588,4787,3087,521.51M
Berkshire HathawayBRK.B3178,003190,003152,003162,009K
Exchange Rates of September 28th, 2006
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 117,770 JPY1 JPY = 0,008 USD
US DollarCanadian Dollar1 USD = 1,111 CAD1 CAD = 0,900 USD
US DollarSwiss Franc1 USD = 1,248 CHF1 CHF = 0,802 USD
US DollarChinese Yuan1 USD = 7,905 CNY1 CNY = 0,127 USD
EuroJapanese Yen1 EUR = 149,520 JPY1 JPY = 0,007 EUR
EuroPound Sterling1 EUR = 0,677 GBP1 GBP = 1,478 EUR
EuroAustralian Dollar1 EUR = 1,696 AUD1 AUD = 0,590 EUR
EuroCanadian Dollar1 EUR = 1,410 CAD1 CAD = 0,709 EUR
EuroSwiss Franc1 EUR = 1,584 CHF1 CHF = 0,631 EUR
Japanese YenPound Sterling1 JPY = 0,452 GBP1 GBP = 2,210 JPY
Japanese YenAustralian Dollar1 JPY = 1,134 AUD1 AUD = 0,882 JPY
Japanese YenCanadian Dollar1 JPY = 0,943 CAD1 CAD = 1,061 JPY
Japanese YenSwiss Franc1 JPY = 1,059 CHF1 CHF = 0,944 JPY
Pound SterlingAustralian Dollar1 GBP = 2,506 AUD1 AUD = 0,399 GBP
Pound SterlingCanadian Dollar1 GBP = 2,083 CAD1 CAD = 0,480 GBP
Pound SterlingSwiss Franc1 GBP = 2,340 CHF1 CHF = 0,427 GBP
Australian DollarCanadian Dollar1 AUD = 0,831 CAD1 CAD = 1,204 AUD
Australian DollarSwiss Franc1 AUD = 0,933 CHF1 CHF = 1,071 AUD
Canadian DollarSwiss Franc1 CAD = 1,123 CHF1 CHF = 0,890 CAD

See what else happened on September 28th, 2006