Financial news on September 28, 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..

By ANDREW ROSS SORKIN and MICHAEL BARBARO - The New York Times

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

Stock Ticker symbol Open High Low Close Volume
Intel INTC 20.46 20.83 20.45 20.77 98M
AT&T Inc. T 32.57 32.59 32.17 32.37 54.4M
Microsoft MSFT 27.47 27.52 27.26 27.40 44.2M
Oracle Corp. ORCL 17.97 18.15 17.81 17.99 43.5M
Cisco Systems CSCO 23.23 23.50 23.12 23.48 40.1M
Apple AAPL 77.02 77.48 75.95 77.01 25.8M
ExxonMobil XOM 67.19 67.81 66.92 67.46 23.4M
Pfizer PFE 28.34 28.44 28.13 28.30 20.6M
General Electric GE 35.33 35.61 35.22 35.48 19.5M
Altria MO 77.40 77.86 76.72 76.97 17.2M
Verizon Communications VZ 36.78 37.04 36.59 36.94 16.8M
ConocoPhillips COP 59.35 59.73 58.56 58.93 16M
HP Inc. HPQ 35.20 36.02 35.01 35.97 15M
Schlumberger SLB 61.00 62.13 60.33 60.74 14.6M
Wal-Mart Stores WMT 49.50 49.84 49.03 49.81 12.8M
Amgen AMGN 71.35 72.23 71.07 71.55 12.2M
Alphabet GOOGL 404.08 406.98 400.54 403.58 10.2M
Chevron CVX 64.11 64.92 64.08 64.53 9.96M
Home Depot HD 36.36 36.76 36.10 36.70 9.73M
Walt Disney & Co. DIS 31.00 31.23 30.82 30.93 9.67M
Abbott Laboratories ABT 48.45 48.47 47.96 48.33 9.55M
Procter & Gamble PG 62.41 62.55 61.92 62.26 9.38M
Bristol-Myers Squibb BMY 24.90 25.10 24.69 24.85 8.97M
Comcast CMCSA 36.47 36.70 36.25 36.59 8.28M
Merck MRK 42.42 42.51 41.91 42.06 7.6M
McDonald's MCD 39.76 39.93 39.23 39.59 7.59M
Amazon AMZN 32.27 32.33 31.22 31.84 7.5M
JPMorgan Chase JPM 47.00 47.32 46.90 47.15 6.17M
Wells Fargo & Co. WFC 36.25 36.36 36.07 36.12 5.45M
Johnson & Johnson JNJ 64.88 65.04 64.81 64.90 5.02M
Coca-Cola KO 44.81 44.99 44.67 44.95 4.85M
International Business Machines IBM 81.85 82.35 81.72 81.99 4.59M
Boeing BA 79.90 80.35 79.25 79.28 4.45M
Gilead Sciences GILD 67.45 68.63 67.42 68.63 4.31M
United Technologies UTX 63.38 63.73 62.46 63.66 3.71M
UnitedHealth Group UNH 49.20 49.51 49.00 49.46 3.61M
Pepsico PEP 65.77 65.87 65.20 65.30 3.4M
3M MMM 74.98 74.99 74.12 74.60 2.74M
Union Pacific UNP 87.65 88.47 87.30 87.52 1.51M
Berkshire Hathaway BRK.B 3178.00 3190.00 3152.00 3162.00 9K
Exchange Rates of September 28, 2006
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 117.770 JPY 1 JPY = 0.008 USD
US Dollar Canadian Dollar 1 USD = 1.111 CAD 1 CAD = 0.900 USD
US Dollar Swiss Franc 1 USD = 1.248 CHF 1 CHF = 0.802 USD
US Dollar Chinese Yuan 1 USD = 7.905 CNY 1 CNY = 0.127 USD
Euro Japanese Yen 1 EUR = 149.520 JPY 1 JPY = 0.007 EUR
Euro Pound Sterling 1 EUR = 0.677 GBP 1 GBP = 1.478 EUR
Euro Australian Dollar 1 EUR = 1.696 AUD 1 AUD = 0.590 EUR
Euro Canadian Dollar 1 EUR = 1.410 CAD 1 CAD = 0.709 EUR
Euro Swiss Franc 1 EUR = 1.584 CHF 1 CHF = 0.631 EUR
Japanese Yen Pound Sterling 1 JPY = 0.452 GBP 1 GBP = 2.210 JPY
Japanese Yen Australian Dollar 1 JPY = 1.134 AUD 1 AUD = 0.882 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.943 CAD 1 CAD = 1.061 JPY
Japanese Yen Swiss Franc 1 JPY = 1.059 CHF 1 CHF = 0.944 JPY
Pound Sterling Australian Dollar 1 GBP = 2.506 AUD 1 AUD = 0.399 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.083 CAD 1 CAD = 0.480 GBP
Pound Sterling Swiss Franc 1 GBP = 2.340 CHF 1 CHF = 0.427 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.831 CAD 1 CAD = 1.204 AUD
Australian Dollar Swiss Franc 1 AUD = 0.933 CHF 1 CHF = 1.071 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.123 CHF 1 CHF = 0.890 CAD

See what else happened on September 28, 2006