Financial news on May 31st, 2006
Business and Financial news
Henry M. Paulson Jr. is expected to face immediate international challenges, which include increased uncertainty in global financial markets. Read more..
Inco has agreed with a labor union to preserve all jobs at its main operations even if the company is acquired. Read more..
A boom in gold and silver may be a sign that the U.S. is finally going to pay for years of easy money, mounting debt and trillion-dollar budget deficits. Read more..
Henry M. Paulson Jr., President Bush's pick for Treasury secretary, is a deficit hawk with White House experience. Read more..
A Philadelphia tract offers a suburban campus feel with city advantages and drawbacks. Read more..
The chief of Russian steel company Severstal, was baffled that his 13 billion euro ($16.5 billion) deal with the steel giant Arcelor had set off such a stir. Read more..
Opening a new chapter in its effort to establish constitutional boundaries for punitive damages, the court will hear a cigarette maker's appeal. Read more..
Stock Markets
Values are reported in US Dollars
| Stock | Ticker symbol | Open | High | Low | Close | Volume |
| Microsoft | MSFT | 23.26 | 23.35 | 22.65 | 22.65 | 120M |
| Intel | INTC | 17.89 | 18.19 | 17.77 | 18.02 | 76M |
| Cisco Systems | CSCO | 19.81 | 20.03 | 19.51 | 19.68 | 57M |
| Apple | AAPL | 61.76 | 61.79 | 58.69 | 59.77 | 45.7M |
| Oracle Corp. | ORCL | 14.01 | 14.25 | 13.97 | 14.22 | 34.3M |
| General Electric | GE | 34.15 | 34.26 | 33.97 | 34.26 | 30.3M |
| ExxonMobil | XOM | 60.21 | 61.06 | 59.76 | 60.91 | 25.9M |
| Pfizer | PFE | 23.66 | 23.80 | 23.52 | 23.66 | 23.9M |
| AT&T Inc. | T | 25.85 | 26.50 | 25.68 | 26.06 | 17M |
| Alphabet | GOOGL | 373.80 | 378.25 | 366.78 | 371.82 | 15.9M |
| Walt Disney & Co. | DIS | 30.30 | 30.78 | 30.13 | 30.50 | 14.5M |
| Merck | MRK | 33.25 | 33.34 | 32.75 | 33.29 | 12.7M |
| Chevron | CVX | 58.50 | 59.83 | 58.47 | 59.79 | 12.3M |
| Comcast | CMCSA | 31.93 | 32.20 | 31.82 | 32.13 | 12.2M |
| Home Depot | HD | 37.77 | 38.14 | 37.61 | 38.12 | 12.1M |
| Wal-Mart Stores | WMT | 48.39 | 48.72 | 48.10 | 48.45 | 12M |
| Altria | MO | 71.85 | 72.45 | 71.21 | 72.35 | 12M |
| ConocoPhillips | COP | 62.00 | 63.33 | 61.76 | 63.29 | 11.9M |
| HP Inc. | HPQ | 31.95 | 32.43 | 31.76 | 32.38 | 11.9M |
| Procter & Gamble | PG | 54.58 | 54.69 | 54.00 | 54.25 | 11.6M |
| Verizon Communications | VZ | 30.94 | 31.25 | 30.76 | 31.21 | 11.5M |
| JPMorgan Chase | JPM | 42.66 | 42.97 | 42.17 | 42.64 | 11.3M |
| Amgen | AMGN | 67.11 | 67.83 | 66.80 | 67.59 | 11.2M |
| Abbott Laboratories | ABT | 42.56 | 42.76 | 42.33 | 42.70 | 11M |
| Schlumberger | SLB | 64.10 | 65.60 | 63.55 | 65.57 | 9.76M |
| UnitedHealth Group | UNH | 43.75 | 44.15 | 43.46 | 43.96 | 9.25M |
| Johnson & Johnson | JNJ | 60.14 | 60.28 | 59.88 | 60.22 | 8.26M |
| Wells Fargo & Co. | WFC | 66.54 | 66.74 | 65.78 | 66.37 | 7.4M |
| Bristol-Myers Squibb | BMY | 24.52 | 24.70 | 24.35 | 24.55 | 7.38M |
| Coca-Cola | KO | 43.70 | 44.09 | 43.56 | 44.03 | 7.3M |
| International Business Machines | IBM | 80.15 | 80.83 | 79.61 | 79.90 | 6.38M |
| McDonald's | MCD | 32.78 | 33.28 | 32.72 | 33.17 | 6.09M |
| Amazon | AMZN | 34.74 | 34.94 | 33.73 | 34.61 | 5.2M |
| Pepsico | PEP | 60.33 | 60.52 | 60.02 | 60.46 | 4.41M |
| United Technologies | UTX | 62.74 | 63.06 | 62.23 | 62.52 | 4.26M |
| Gilead Sciences | GILD | 56.01 | 57.35 | 55.75 | 57.33 | 4.13M |
| Boeing | BA | 82.50 | 83.44 | 81.21 | 83.25 | 3.96M |
| 3M | MMM | 83.70 | 84.62 | 83.15 | 83.66 | 3.36M |
| Union Pacific | UNP | 90.97 | 93.69 | 90.95 | 92.80 | 1.7M |
| Berkshire Hathaway | BRK.B | 3082.00 | 3082.00 | 3060.00 | 3069.00 | 11.4K |
Exchange Rates of May 31st, 2006
| Currencies | Exchange Rates | ||
| US Dollar | Japanese Yen | 1 USD = 112.600 JPY | 1 JPY = 0.009 USD |
| US Dollar | Canadian Dollar | 1 USD = 1.101 CAD | 1 CAD = 0.909 USD |
| US Dollar | Swiss Franc | 1 USD = 1.218 CHF | 1 CHF = 0.821 USD |
| US Dollar | Chinese Yuan | 1 USD = 8.022 CNY | 1 CNY = 0.125 USD |
| Euro | Japanese Yen | 1 EUR = 144.290 JPY | 1 JPY = 0.007 EUR |
| Euro | Pound Sterling | 1 EUR = 0.685 GBP | 1 GBP = 1.461 EUR |
| Euro | Australian Dollar | 1 EUR = 1.704 AUD | 1 AUD = 0.587 EUR |
| Euro | Canadian Dollar | 1 EUR = 1.410 CAD | 1 CAD = 0.709 EUR |
| Euro | Swiss Franc | 1 EUR = 1.561 CHF | 1 CHF = 0.641 EUR |
| Pound Sterling | Australian Dollar | 1 GBP = 2.488 AUD | 1 AUD = 0.402 GBP |
| Pound Sterling | Canadian Dollar | 1 GBP = 2.060 CAD | 1 CAD = 0.486 GBP |
| Pound Sterling | Swiss Franc | 1 GBP = 2.280 CHF | 1 CHF = 0.439 GBP |
| Australian Dollar | Canadian Dollar | 1 AUD = 0.828 CAD | 1 CAD = 1.208 AUD |
| Australian Dollar | Swiss Franc | 1 AUD = 0.916 CHF | 1 CHF = 1.092 AUD |
See what else happened on May 31st, 2006