Financial news on June 29, 2006

Business and Financial news
Anadarko to Sell Canadian Subsidiary

By Bloomberg News. Read more..

By BLOOMBERG NEWS - The New York Times

Estate Tax Bill Could Hurt Charities

If a bill approved by the House becomes law, charities may find it harder to get donations and some heirs may have to wait longer to collect inheritances. Read more..

By FLOYD NORRIS - The New York Times

Former P. & G. Chief Named Disney Chairman

The Walt Disney Company announced that John E. Pepper Jr., who joined Disney's board early this year, had been appointed nonexecutive chairman. Read more..

By LAURA M. HOLSON - The New York Times

Google Aims to Speed the Online Checkout Line

In its quest to "organize the world's information," Google now wants to keep track of your credit card number and where you live. Read more..

By SAUL HANSELL - The New York Times

Looking for the Incentives That Will Prompt Americans to Save More

Economists are in almost universal agreement that Americans save too little, and several policies have been proposed with the goal of encouraging them to save more. Read more..

By HAL R. VARIAN - The New York Times

Netflix, Thy Name Is Customer Service

I've switched my membership from Netflix to Blockbuster's DVD-by-mail service, but I have to tell you a Netflix customer service story that made my mind boggle. Read more..

By DAVID POGUE - The New York Times

New German Rule Could Increase Greenhouse Gas Emissions

The German cabinet decided to exclude the coal industry from the E.U.'s carbon trading program— a move that is expected to be challenged. Read more..

By JUDY DEMPSEY - The New York Times

Panel Is Told S.E.C. Stopped a Hedge Fund Inquiry

A former investigator told Congress how senior S.E.C. officials gave in to political pressure and stopped his investigation of a prominent hedge fund. Read more..

By WALT BOGDANICH - The New York Times

Russia Consolidating Nuclear Power Operations

Russia has unveiled details of a plan to reorganize the country's myriad nuclear power plants, agencies, institutes and departments into a single state company. Read more..

By STEVEN LEE MYERS - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Microsoft MSFT 23,32 23,63 23,22 23,47 121M
Intel INTC 18,76 19,36 18,67 19,32 76.7M
Oracle Corp. ORCL 14,61 14,86 14,40 14,74 52.4M
Cisco Systems CSCO 19,43 20,00 19,31 19,91 43.7M
Apple AAPL 56,76 59,09 56,39 58,97 31.2M
General Electric GE 32,98 33,28 32,88 33,27 28.4M
ExxonMobil XOM 61,22 62,54 61,13 62,37 26.3M
Pfizer PFE 23,06 23,30 22,88 23,24 26.1M
Home Depot HD 36,15 36,56 35,85 36,46 20.2M
JPMorgan Chase JPM 41,68 42,86 41,61 42,68 17.3M
AT&T Inc. T 27,58 27,79 27,42 27,70 17.3M
Comcast CMCSA 31,83 32,85 31,53 32,63 15.4M
HP Inc. HPQ 31,70 32,05 31,38 32,03 13.3M
Alphabet GOOGL 407,99 418,20 405,82 417,81 13.3M
ConocoPhillips COP 64,50 66,00 64,44 65,97 12.4M
Verizon Communications VZ 32,88 33,44 32,65 33,30 11.5M
Walt Disney & Co. DIS 29,58 30,07 29,49 29,88 11.2M
Wal-Mart Stores WMT 48,11 48,72 47,91 48,71 11M
Abbott Laboratories ABT 42,39 42,98 42,20 42,90 10.9M
Procter & Gamble PG 56,24 57,00 55,82 56,99 10.3M
Merck MRK 35,18 36,00 35,15 35,89 10.2M
Schlumberger SLB 61,59 64,19 61,33 64,12 10.1M
Chevron CVX 61,60 62,98 61,52 62,45 9.99M
Altria MO 73,08 74,00 72,82 73,89 9.99M
Amgen AMGN 63,99 65,16 63,88 65,10 9.42M
Bristol-Myers Squibb BMY 25,65 25,79 25,41 25,70 9.39M
McDonald's MCD 32,43 33,69 32,40 33,56 9.14M
Johnson & Johnson JNJ 59,25 60,15 59,10 59,89 8.49M
Coca-Cola KO 42,55 43,15 42,42 43,06 7.19M
Gilead Sciences GILD 56,50 59,03 56,33 58,95 7.14M
Amazon AMZN 36,82 38,57 36,70 38,52 6.37M
International Business Machines IBM 76,66 77,80 76,56 77,59 5.45M
UnitedHealth Group UNH 45,80 45,82 44,43 45,01 5.4M
Boeing BA 82,19 83,50 81,28 83,00 5.24M
Wells Fargo & Co. WFC 66,25 67,78 65,26 67,40 4.97M
United Technologies UTX 61,50 63,54 61,50 63,29 3.76M
Pepsico PEP 59,36 59,59 59,07 59,50 2.97M
3M MMM 79,29 81,50 79,29 81,15 2.77M
Union Pacific UNP 89,95 91,66 88,50 91,54 2.15M
Berkshire Hathaway BRK.B 3070,00 3074,00 3040,00 3065,00 8.1K
Exchange Rates of June 29, 2006
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 115,000 JPY 1 JPY = 0,009 USD
US Dollar Canadian Dollar 1 USD = 1,110 CAD 1 CAD = 0,901 USD
US Dollar Swiss Franc 1 USD = 1,236 CHF 1 CHF = 0,809 USD
US Dollar Chinese Yuan 1 USD = 7,995 CNY 1 CNY = 0,125 USD
Euro Japanese Yen 1 EUR = 145,660 JPY 1 JPY = 0,007 EUR
Euro Pound Sterling 1 EUR = 0,693 GBP 1 GBP = 1,443 EUR
Euro Australian Dollar 1 EUR = 1,715 AUD 1 AUD = 0,583 EUR
Euro Canadian Dollar 1 EUR = 1,406 CAD 1 CAD = 0,711 EUR
Euro Swiss Franc 1 EUR = 1,566 CHF 1 CHF = 0,639 EUR
Pound Sterling Australian Dollar 1 GBP = 2,473 AUD 1 AUD = 0,404 GBP
Pound Sterling Canadian Dollar 1 GBP = 2,028 CAD 1 CAD = 0,493 GBP
Pound Sterling Swiss Franc 1 GBP = 2,259 CHF 1 CHF = 0,443 GBP
Australian Dollar Canadian Dollar 1 AUD = 0,820 CAD 1 CAD = 1,220 AUD
Australian Dollar Swiss Franc 1 AUD = 0,913 CHF 1 CHF = 1,096 AUD

See what else happened on June 29, 2006