Financial news on December 29, 2006
Business and Financial news
The concessions are expected to satisfy the two Democrats on the F.C.C. and lead to approval of the company’s $85 billion buyout of the BellSouth Corporation. Read more..
The whole fiasco over the new reporting rule for executive compensation makes the S.E.C. appear to have great difficulty understanding what it is doing. Read more..
The finding could make the U.S. the first country to allow products from cloned livestock to be sold in grocery stores. Read more..
GLG Partners, a European hedge fund manager, and Deutsche Bank, Germany’s biggest bank, were fined by French market regulators on accusations of trading abuses stemming from a convertible bond sale in 2002. GLG plans to appeal the decision, a comp... Read more..
The sales rate for previously owned homes rose in November for the second straight month as homeowners cut their prices. Read more..
Comair Holdings reached a tentative agreement with its pilots to avoid a strike over pay cuts and keep both sides talking. Read more..
Companies are luring executives with bonuses and stock options that they are abandoning at their old employers. Read more..
A Russian billionaire, Vladimir Potanin, won regulatory approval to take control of Rambler Media, which runs a large Internet search engine in Russia, to tap the growth in Web advertising. Mr. Potanin will take control of Rambler through the PM I... Read more..
Some of the most common scenes for 2007 that advertising executives see in their crystal balls. Read more..
Toasting the triumphs and travails of the secretive world of hedge funds as the year draws to a close. Read more..
Stock Markets
Values are reported in US Dollars
Stock | Ticker symbol | Open | High | Low | Close | Volume |
Microsoft | MSFT | 29.86 | 30.15 | 29.83 | 29.86 | 41.7M |
Apple | AAPL | 83.95 | 85.40 | 83.36 | 84.84 | 38.4M |
Intel | INTC | 20.34 | 20.53 | 20.23 | 20.25 | 37.1M |
AT&T Inc. | T | 35.66 | 36.21 | 35.65 | 35.75 | 28.6M |
Pfizer | PFE | 26.08 | 26.17 | 25.82 | 25.90 | 27.8M |
Cisco Systems | CSCO | 27.33 | 27.63 | 27.29 | 27.33 | 27.1M |
General Electric | GE | 37.37 | 37.52 | 37.16 | 37.21 | 25.3M |
Oracle Corp. | ORCL | 17.12 | 17.38 | 17.08 | 17.14 | 23.6M |
ExxonMobil | XOM | 77.01 | 77.24 | 76.20 | 76.63 | 12.6M |
Home Depot | HD | 39.66 | 40.29 | 39.65 | 40.16 | 11.6M |
Wal-Mart Stores | WMT | 46.20 | 46.61 | 46.03 | 46.18 | 10.8M |
Verizon Communications | VZ | 37.37 | 37.64 | 37.15 | 37.24 | 10.3M |
Walt Disney & Co. | DIS | 34.42 | 34.61 | 34.27 | 34.27 | 9.83M |
JPMorgan Chase | JPM | 48.89 | 48.91 | 48.27 | 48.30 | 9.6M |
ConocoPhillips | COP | 72.40 | 72.74 | 71.68 | 71.95 | 9.28M |
Abbott Laboratories | ABT | 48.80 | 48.99 | 48.50 | 48.71 | 8.39M |
Bristol-Myers Squibb | BMY | 26.28 | 26.36 | 26.17 | 26.32 | 8M |
Merck | MRK | 43.45 | 43.65 | 43.21 | 43.60 | 6.65M |
HP Inc. | HPQ | 41.36 | 41.65 | 41.16 | 41.19 | 6.28M |
Coca-Cola | KO | 48.43 | 48.65 | 48.19 | 48.25 | 6.17M |
Wells Fargo & Co. | WFC | 35.82 | 35.91 | 35.48 | 35.56 | 5.99M |
Johnson & Johnson | JNJ | 66.17 | 66.57 | 65.86 | 66.02 | 5.88M |
Schlumberger | SLB | 63.10 | 63.53 | 62.51 | 63.16 | 5.73M |
Amgen | AMGN | 68.08 | 68.87 | 68.06 | 68.31 | 5.65M |
Chevron | CVX | 73.89 | 74.10 | 73.50 | 73.53 | 5.41M |
Alphabet | GOOGL | 462.10 | 464.47 | 459.86 | 460.48 | 5.11M |
Comcast | CMCSA | 42.60 | 42.99 | 42.25 | 42.33 | 4.93M |
Altria | MO | 85.93 | 86.37 | 85.58 | 85.82 | 4.63M |
International Business Machines | IBM | 97.00 | 97.88 | 96.83 | 97.15 | 4.46M |
Procter & Gamble | PG | 64.36 | 64.73 | 64.10 | 64.27 | 4.42M |
UnitedHealth Group | UNH | 53.44 | 54.04 | 53.40 | 53.73 | 4.41M |
Amazon | AMZN | 40.06 | 40.25 | 39.35 | 39.46 | 4.2M |
McDonald's | MCD | 44.17 | 44.68 | 44.10 | 44.33 | 3.3M |
Pepsico | PEP | 63.10 | 63.40 | 62.55 | 62.55 | 2.86M |
Gilead Sciences | GILD | 65.23 | 65.84 | 64.75 | 64.93 | 1.97M |
United Technologies | UTX | 62.80 | 63.01 | 62.45 | 62.52 | 1.9M |
3M | MMM | 78.10 | 78.49 | 77.82 | 77.93 | 1.83M |
Boeing | BA | 89.25 | 89.46 | 88.75 | 88.84 | 1.78M |
Union Pacific | UNP | 92.00 | 92.37 | 91.69 | 92.02 | 906K |
Berkshire Hathaway | BRK.B | 3660.00 | 3666.00 | 3626.00 | 3666.00 | 8.6K |
Exchange Rates of December 29, 2006
Currencies | Exchange Rates | ||
US Dollar | Japanese Yen | 1 USD = 119.050 JPY | 1 JPY = 0.008 USD |
US Dollar | Canadian Dollar | 1 USD = 1.166 CAD | 1 CAD = 0.858 USD |
US Dollar | Swiss Franc | 1 USD = 1.219 CHF | 1 CHF = 0.820 USD |
US Dollar | Chinese Yuan | 1 USD = 7.808 CNY | 1 CNY = 0.128 USD |
Euro | Japanese Yen | 1 EUR = 157.150 JPY | 1 JPY = 0.006 EUR |
Euro | Pound Sterling | 1 EUR = 0.674 GBP | 1 GBP = 1.484 EUR |
Euro | Australian Dollar | 1 EUR = 1.673 AUD | 1 AUD = 0.598 EUR |
Euro | Canadian Dollar | 1 EUR = 1.539 CAD | 1 CAD = 0.650 EUR |
Euro | Swiss Franc | 1 EUR = 1.609 CHF | 1 CHF = 0.622 EUR |
Japanese Yen | Pound Sterling | 1 JPY = 0.429 GBP | 1 GBP = 2.334 JPY |
Japanese Yen | Australian Dollar | 1 JPY = 1.064 AUD | 1 AUD = 0.940 JPY |
Japanese Yen | Canadian Dollar | 1 JPY = 0.979 CAD | 1 CAD = 1.022 JPY |
Japanese Yen | Swiss Franc | 1 JPY = 1.024 CHF | 1 CHF = 0.977 JPY |
Pound Sterling | Australian Dollar | 1 GBP = 2.483 AUD | 1 AUD = 0.403 GBP |
Pound Sterling | Canadian Dollar | 1 GBP = 2.284 CAD | 1 CAD = 0.438 GBP |
Pound Sterling | Swiss Franc | 1 GBP = 2.388 CHF | 1 CHF = 0.419 GBP |
Australian Dollar | Canadian Dollar | 1 AUD = 0.919 CAD | 1 CAD = 1.088 AUD |
Australian Dollar | Swiss Franc | 1 AUD = 0.961 CHF | 1 CHF = 1.040 AUD |
Canadian Dollar | Swiss Franc | 1 CAD = 1.045 CHF | 1 CHF = 0.957 CAD |
See what else happened on December 29, 2006