Financial news on August 29, 2006

Business and Financial news
A Fortunate Box of Treats to Soothe the Grounded Beasts

There comes a time when suddenly it’s obvious to all the passengers on the plane that they’re missing more than just a meal. Read more..

By ROSS KLEIN - The New York Times

Big Battle in Small-Jet Skies

Two new air taxi services, Magnum Jet and DayJet, and two models of planes, from Adam Aircraft and Eclipse Aviation, are set to compete. Read more..

By JOE SHARKEY - The New York Times

BMW’s Custom-Made University

BMW’s $10 million gift to Clemson University in 2002 has led to some unusual privileges for the German automaker. Read more..

By LYNNLEY BROWNING - The New York Times

Brown-Forman Will Acquire Tequila Maker

The deal gives Brown-Forman, known for its Jack Daniel’s and Southern Comfort liquor, two brands, Herradura and El Jimador. Read more..

By ELISABETH MALKIN - The New York Times

Cruise Gets First Funds for Projects

Tom Cruise’s independent production company announced that it had lined up financing from a wealthy sports entrepreneur. Read more..

By GERALDINE FABRIKANT - The New York Times

Kinder Morgan Agrees to an Improved Buyout Offer Led by Its Chairman

The buyers, who plan to take the pipeline operator private, agreed to increase their cash offer to $107.50 a share, from an offer of $100 a share made in May. Read more..

By JAD MOUAWAD - The New York Times

Mining Boom Stirs Wave of Mergers and Talk of a Slump

The merger activity involving companies that pull metals from the earth has the mark of a new-economy fervor. Read more..

By IAN AUSTEN - The New York Times

Prudential to Pay Fine in Trading

The $600 million settlement could end a three-year investigation into improper trading in the mutual fund industry. Read more..

By LANDON THOMAS Jr - The New York Times

Times Withholds Web Article in Britain

The New York Times adapted targeted advertising technology to keep an article about the British terror case out of Britain. Read more..

By TOM ZELLER Jr - The New York Times

Unilever to Sell Unit in Europe to Equity Firm

Unilever agreed to sell most of its European frozen foods unit to Permira Funds as it moves to focus on more profitable brands. Read more..

By BLOOMBERG NEWS - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Intel INTC 19.46 19.70 19.21 19.68 74.6M
Cisco Systems CSCO 21.34 21.69 21.19 21.68 43.6M
Microsoft MSFT 25.92 25.98 25.63 25.84 42.7M
Apple AAPL 66.99 67.26 65.12 66.48 33.8M
Oracle Corp. ORCL 15.53 15.64 15.40 15.52 28.3M
ExxonMobil XOM 69.72 69.85 68.84 69.41 21.6M
Pfizer PFE 27.49 27.75 27.49 27.60 21.2M
General Electric GE 33.90 34.24 33.90 34.19 18.4M
ConocoPhillips COP 65.50 65.60 64.46 64.69 11.5M
Merck MRK 40.90 41.37 40.74 40.89 10.6M
Comcast CMCSA 35.56 35.60 34.79 35.22 10.2M
Home Depot HD 33.82 34.20 33.61 34.09 10.1M
Wal-Mart Stores WMT 44.65 44.65 44.06 44.49 9.86M
Verizon Communications VZ 34.95 35.26 34.78 35.18 9.3M
AT&T Inc. T 30.94 31.30 30.86 31.27 9.2M
Abbott Laboratories ABT 48.80 49.15 48.59 48.96 9.13M
Walt Disney & Co. DIS 29.40 29.53 29.00 29.11 9.1M
Alphabet GOOGL 380.78 382.32 377.20 378.95 8.91M
Altria MO 84.10 84.35 83.11 83.53 8.62M
JPMorgan Chase JPM 45.88 46.02 45.42 45.97 8.05M
HP Inc. HPQ 35.33 35.82 35.25 35.76 7.71M
Amazon AMZN 28.97 29.72 28.75 29.52 7.4M
Boeing BA 75.96 75.99 72.90 73.78 7.19M
Chevron CVX 65.97 66.00 65.13 65.74 7.13M
Coca-Cola KO 44.70 45.16 44.65 45.14 7.05M
Pepsico PEP 64.86 65.90 64.86 65.81 6.73M
Wells Fargo & Co. WFC 35.13 35.13 34.62 34.85 6.45M
Bristol-Myers Squibb BMY 21.78 21.95 21.70 21.93 6.19M
Schlumberger SLB 62.49 63.46 62.03 63.43 5.95M
Amgen AMGN 68.53 68.78 67.98 68.58 5.35M
Johnson & Johnson JNJ 64.50 64.65 64.30 64.60 5.31M
International Business Machines IBM 80.06 81.48 80.06 81.40 5.21M
Procter & Gamble PG 61.00 61.39 60.76 61.20 4.94M
UnitedHealth Group UNH 50.75 51.59 50.60 51.03 3.94M
United Technologies UTX 61.30 62.42 60.97 62.17 3.4M
3M MMM 70.94 71.81 70.45 71.61 3.21M
McDonald's MCD 35.81 36.15 35.73 36.08 2.97M
Gilead Sciences GILD 64.12 64.65 63.21 64.04 2.83M
Union Pacific UNP 80.50 80.70 79.55 80.09 1.53M
Berkshire Hathaway BRK.B 3188.00 3206.00 3187.00 3204.50 8.9K
Exchange Rates of August 29, 2006
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 116.640 JPY 1 JPY = 0.009 USD
US Dollar Canadian Dollar 1 USD = 1.108 CAD 1 CAD = 0.903 USD
US Dollar Swiss Franc 1 USD = 1.229 CHF 1 CHF = 0.814 USD
US Dollar Chinese Yuan 1 USD = 7.962 CNY 1 CNY = 0.126 USD
Euro Japanese Yen 1 EUR = 149.630 JPY 1 JPY = 0.007 EUR
Euro Pound Sterling 1 EUR = 0.675 GBP 1 GBP = 1.481 EUR
Euro Australian Dollar 1 EUR = 1.678 AUD 1 AUD = 0.596 EUR
Euro Canadian Dollar 1 EUR = 1.421 CAD 1 CAD = 0.704 EUR
Euro Swiss Franc 1 EUR = 1.576 CHF 1 CHF = 0.634 EUR
Japanese Yen Pound Sterling 1 JPY = 0.451 GBP 1 GBP = 2.217 JPY
Japanese Yen Australian Dollar 1 JPY = 1.121 AUD 1 AUD = 0.892 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.949 CAD 1 CAD = 1.053 JPY
Japanese Yen Swiss Franc 1 JPY = 1.053 CHF 1 CHF = 0.949 JPY
Pound Sterling Australian Dollar 1 GBP = 2.485 AUD 1 AUD = 0.402 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.104 CAD 1 CAD = 0.475 GBP
Pound Sterling Swiss Franc 1 GBP = 2.333 CHF 1 CHF = 0.429 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.846 CAD 1 CAD = 1.182 AUD
Australian Dollar Swiss Franc 1 AUD = 0.939 CHF 1 CHF = 1.065 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.109 CHF 1 CHF = 0.902 CAD

See what else happened on August 29, 2006