Financial news on December 01, 2010

Business and Financial news
Airbus Plans to Update A320

The new plane, an A320 NEO, would feature a new engine that is expected to provide better fuel economy. Read more..

By JAD MOUAWAD - The New York Times

A Nomadic Insurance Pitchman, Luring New Consumers

Progressive plans to introduce a separate campaign with a new character to complement its advertising with Flo, a sassy clerk. Read more..

By STUART ELLIOTT - The New York Times

Before Business Leaders, Bernanke Discusses Unemployment’s Toll on Americans

Faster growth and recovery are being held back by uncertainty created by the high level of joblessness, the Fed chairman said. Read more..

By SEWELL CHAN - The New York Times

Europe Examines Ways to Quell Its Debt Crisis

The concerns in the bond markets are further straining the decade-old monetary union. Read more..

By LANDON THOMAS Jr - The New York Times

F.C.C. Chairman Outlines Broadband Framework

A speech by Julius Genachowski will outline a proposal that forbids both wired and wireless Internet service providers from blocking lawful content. Read more..

By EDWARD WYATT - The New York Times

F.T.C. Backs Plan to Honor Privacy of Online Users

The framework would let consumers decide if they wanted Web sites and advertisers to track them. Read more..

By EDWARD WYATT and TANZINA VEGA - The New York Times

Midwest Emerges as Center for Clean Energy

Public incentives, skilled manufacturing workers and ready materials have helped the sector flourish. Read more..

By KEITH SCHNEIDER - The New York Times

Morning Take-Out

Ireland’s bailout | Financial party platter | WikiLeaks and the U.S. Read more..

By CHRIS V. NICHOLSON - The New York Times

Steven Posner, 67, Former Corporate Raider, Dies

Mr. Posner, who was killed in a boat collision in Florida, worked with his father, Victor, in hostile takeovers that led to the convictions of Michael Milken and Ivan Boesky. Read more..

By DENNIS HEVESI - The New York Times

Unemployment Rises in Europe

Unemployment in the euro zone rose in October to its highest level in more than 12 years, threatening to defeat efforts to turn around stagnant economies at a time of tight budgets. Read more..

By DAVID JOLLY - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Cisco Systems CSCO 19.34 19.39 19.26 19.32 79.3M
Microsoft MSFT 25.57 26.25 25.56 26.04 74.1M
General Electric GE 16.03 16.30 16.03 16.30 68.9M
Intel INTC 21.46 21.60 21.42 21.48 52.9M
Pfizer PFE 16.49 16.75 16.42 16.70 44.9M
Wells Fargo & Co. WFC 27.58 27.80 27.20 27.53 35.3M
Oracle Corp. ORCL 27.54 27.70 27.41 27.65 34.8M
General Motors GM 34.65 34.95 34.42 34.78 34.6M
JPMorgan Chase JPM 37.95 38.19 37.65 38.15 33.2M
Merck MRK 34.75 35.12 34.67 35.06 33.1M
Comcast CMCSA 20.25 21.10 20.25 20.83 31.8M
ExxonMobil XOM 70.38 71.55 70.38 71.33 26.6M
AT&T Inc. T 28.12 28.31 28.03 28.28 23.6M
HP Inc. HPQ 42.50 42.94 42.33 42.57 20.7M
Abbott Laboratories ABT 46.89 47.17 46.71 47.01 20.2M
Wal-Mart Stores WMT 54.42 54.85 54.39 54.70 17.9M
Home Depot HD 30.60 31.75 30.60 31.61 17.1M
Apple AAPL 315.27 317.75 315.00 316.40 16.5M
Altria MO 24.22 24.34 24.05 24.17 16M
Johnson & Johnson JNJ 62.18 62.48 61.82 62.42 15.4M
Gilead Sciences GILD 37.13 37.44 36.96 37.20 15.3M
Walt Disney & Co. DIS 37.15 37.41 37.04 37.12 15M
Verizon Communications VZ 32.44 32.50 32.22 32.35 14.7M
ConocoPhillips COP 61.40 62.48 61.20 62.45 14M
Schlumberger SLB 78.30 81.20 78.30 80.85 12M
Procter & Gamble PG 61.57 62.34 61.50 62.15 11.6M
UnitedHealth Group UNH 37.14 37.90 37.14 37.67 11M
Chevron CVX 82.15 83.22 81.75 82.70 10.6M
Coca-Cola KO 63.94 64.80 63.83 64.70 10.5M
Pepsico PEP 64.79 65.72 64.59 65.63 9.97M
Bristol-Myers Squibb BMY 25.67 25.67 25.42 25.56 8.77M
United Technologies UTX 76.54 78.49 76.54 78.26 7.95M
Boeing BA 64.66 65.79 64.52 65.72 7.52M
Alphabet GOOGL 563.00 571.57 562.40 564.35 7.5M
International Business Machines IBM 143.61 145.13 143.51 144.41 6.82M
Berkshire Hathaway BRK.B 80.72 81.92 80.25 80.68 6.66M
Amazon AMZN 179.16 179.32 176.00 176.55 5.77M
Amgen AMGN 53.32 53.77 53.00 53.52 5.72M
Visa V 74.94 75.48 74.45 75.22 5.59M
McDonald's MCD 79.14 79.58 79.10 79.29 5.32M
3M MMM 85.42 86.73 85.40 86.05 5.15M
Union Pacific UNP 91.46 92.15 91.05 91.42 3.25M
Exchange Rates of December 01, 2010
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 84.190 JPY 1 JPY = 0.012 USD
US Dollar Canadian Dollar 1 USD = 1.017 CAD 1 CAD = 0.983 USD
US Dollar Swiss Franc 1 USD = 1.002 CHF 1 CHF = 0.998 USD
US Dollar Chinese Yuan 1 USD = 6.664 CNY 1 CNY = 0.150 USD
Euro Japanese Yen 1 EUR = 110.590 JPY 1 JPY = 0.009 EUR
Euro Pound Sterling 1 EUR = 0.841 GBP 1 GBP = 1.189 EUR
Euro Australian Dollar 1 EUR = 1.356 AUD 1 AUD = 0.737 EUR
Euro Canadian Dollar 1 EUR = 1.336 CAD 1 CAD = 0.748 EUR
Euro Swiss Franc 1 EUR = 1.317 CHF 1 CHF = 0.759 EUR
Euro Chinese Yuan 1 EUR = 8.754 CNY 1 CNY = 0.114 EUR
Japanese Yen Pound Sterling 1 JPY = 0.760 GBP 1 GBP = 1.316 JPY
Japanese Yen Australian Dollar 1 JPY = 1.226 AUD 1 AUD = 0.816 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.208 CAD 1 CAD = 0.828 JPY
Japanese Yen Swiss Franc 1 JPY = 1.190 CHF 1 CHF = 0.840 JPY
Pound Sterling Australian Dollar 1 GBP = 1.613 AUD 1 AUD = 0.620 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.589 CAD 1 CAD = 0.629 GBP
Pound Sterling Swiss Franc 1 GBP = 1.566 CHF 1 CHF = 0.639 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.411 CNY 1 CNY = 0.096 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.985 CAD 1 CAD = 1.015 AUD
Australian Dollar Swiss Franc 1 AUD = 0.971 CHF 1 CHF = 1.030 AUD
Australian Dollar Chinese Yuan 1 AUD = 6.458 CNY 1 CNY = 0.155 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.985 CHF 1 CHF = 1.015 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.554 CNY 1 CNY = 0.153 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.646 CNY 1 CNY = 0.150 CHF

See what else happened on December 01, 2010