Financial news on June 30, 2006

Business and Financial news
A Handy Tip From a Reader on Flash Drives

It's mind-blowing: you can run an entire operating system off of your flash drive. Read more..

By DAVID POGUE - The New York Times

Apple Tells of Problems on Options

Apple Computer said Thursday that it had uncovered irregularities related to stock options awarded between 1997 and 2001. Read more..

By ERIC DASH - The New York Times

A Refinery Clears the Air to Grow Roses

A number of leading oil executives now say that how their industry manages carbon emissions will become as important to their business prospects as replenishing energy reserves. Read more..

By JAD MOUAWAD - The New York Times

Boeing Ethics Woes Take Toll on the Bottom Line

The aircraft maker announced yesterday that it would take second-quarter charges of up to $1.15 billion as a result of a settlement of ethics investigations. Read more..

By LESLIE WAYNE - The New York Times

Error Disrupts Bond Trading in Japan

The error raises new concerns about the ability of Japan to handle its role as Asia's largest and most sophisticated financial market. Read more..

By MARTIN FACKLER - The New York Times

Europe Official Considers Telecom Breakup

The E.C. official responsible for telecommunications said that she was unveiling a series of proposals aimed at increasing competition. Read more..

By PAUL MELLER - The New York Times

Fed Raises Rates, but Scales Back Talk of Inflation

The move kicked off a powerful celebration in the stock market by lowering its alarms about inflation. Read more..

By EDMUND L. ANDREWS - The New York Times

T. H. Black, 77, Former Executive of Ingersoll Rand, Is Dead

Theodore H. Black became chairman, president and chief executive of Ingersoll Rand in October 1988. Read more..

By BLOOMBERG NEWS - The New York Times

Wal-Mart's British Unit Agrees to a Union Contract

Employees at Asda's distribution centers were threatening a five-day strike during what is expected to be one of the busiest shopping weekends of the year. Read more..

By HEATHER TIMMONS - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Cisco SystemsCSCO20.0120.0319.5219.5352.8M
Oracle Corp.ORCL14.7714.9714.4914.4949.5M
General ElectricGE33.3333.3732.9432.9638.9M
Home DepotHD36.4636.5035.6335.7924.1M
HP Inc.HPQ32.0932.3231.5731.6821.4M
Procter & GamblePG57.0057.1955.6055.6021.2M
AT&T Inc.T27.7127.9627.7127.8917.7M
Abbott LaboratoriesABT43.0043.6142.7543.6116.7M
JPMorgan ChaseJPM42.9342.9942.0042.0016.2M
Walt Disney & Co.DIS29.8830.1729.8230.0012.6M
Verizon CommunicationsVZ33.2533.6233.0833.4911.7M
Wal-Mart StoresWMT48.7048.8548.1648.1711.1M
Johnson & JohnsonJNJ60.1460.3559.9159.9210.3M
International Business MachinesIBM77.7077.9376.7976.827.91M
UnitedHealth GroupUNH45.0245.3044.2844.787.55M
Bristol-Myers SquibbBMY25.7525.9225.6125.866.56M
Gilead SciencesGILD59.0559.6858.5459.164.16M
Wells Fargo & Co.WFC67.4267.9267.0667.083.98M
United TechnologiesUTX63.2963.5862.8663.423.71M
Union PacificUNP92.0093.0191.6692.961.88M
Berkshire HathawayBRK.B3067.003075.003041.003043.009.5K
Exchange Rates of June 30, 2006
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 114.420 JPY1 JPY = 0.009 USD
US DollarCanadian Dollar1 USD = 1.116 CAD1 CAD = 0.896 USD
US DollarSwiss Franc1 USD = 1.223 CHF1 CHF = 0.818 USD
US DollarChinese Yuan1 USD = 7.993 CNY1 CNY = 0.125 USD
EuroJapanese Yen1 EUR = 146.340 JPY1 JPY = 0.007 EUR
EuroPound Sterling1 EUR = 0.692 GBP1 GBP = 1.446 EUR
EuroAustralian Dollar1 EUR = 1.721 AUD1 AUD = 0.581 EUR
EuroCanadian Dollar1 EUR = 1.427 CAD1 CAD = 0.701 EUR
EuroSwiss Franc1 EUR = 1.564 CHF1 CHF = 0.640 EUR
Pound SterlingAustralian Dollar1 GBP = 2.487 AUD1 AUD = 0.402 GBP
Pound SterlingCanadian Dollar1 GBP = 2.063 CAD1 CAD = 0.485 GBP
Pound SterlingSwiss Franc1 GBP = 2.260 CHF1 CHF = 0.442 GBP
Australian DollarCanadian Dollar1 AUD = 0.829 CAD1 CAD = 1.206 AUD
Australian DollarSwiss Franc1 AUD = 0.908 CHF1 CHF = 1.101 AUD

See what else happened on June 30, 2006