Financial news on November 01, 2010

Business and Financial news
Central Banker Takes a Chance by Speaking Out

Axel Weber’s strident, public dissents may dim his chances of becoming Europe’s top central banker. Read more..

By JACK EWING - The New York Times

Debt Collectors Face a Hazard: Writer’s Cramp

Debt buyers used questionable tactics well before the recent foreclosure mess, lawyers say. Read more..

By DAVID SEGAL - The New York Times

For Marketers, Christmas Started Last Month

The sluggish economy is raising the stakes for the Christmas shopping season. Some retailers and marketers hope to pull demand forward by moving up the start of their pitches. Read more..

By STUART ELLIOTT - The New York Times

Indian Firm May Bid on Exxon Stake in Angola

Oil and Natural Gas Corp., the Indian state-run explorer, is in talks with Exxon Mobil’s Angolan arm to buy its 25 percent stake in an oil field for about $2 billion, The Economic Times reported. Read more..

By DEALBOOK - The New York Times

Intel Takes a Wider Role, Making Chips for Others

The move thrusts Intel, the largest and wealthiest chip maker, into the contract manufacturing business dominated by Taiwanese and Chinese companies. Read more..

By MATT RICHTEL and ASHLEE VANCE - The New York Times

Lost the Remote? Another Reason to Use an App

The locus of control in the family room is being replaced, mostly by smartphones. Read more..

By JOSHUA BRUSTEIN - The New York Times

L.S.E. Denies It Is Privatizing After U.K. Budget Cuts

A London university says reports that it is considering “going private” in response to the government’s announced plans to cut its contribution to university budgets is not true. Read more..

By THE INTERNATIONAL HERALD TRIBUNE - International Herald Tribune

McKesson to Buy US Oncology in $2.16 Billion Deal

McKesson Corporation, the healthcare services and IT company, said Monday that it would acquire US Oncology in a deal worth $2.16 billion including debt. Read more..

By DEALBOOK - The New York Times

Nonprofits Rush to Solicit Donations via Text, but the System Is Flawed

Replicating the Red Cross’s mobile campaign for Haiti aid would be daunting for most organizations; the costs of a mobile donating program can outweigh the proceeds. Read more..

By STEPHANIE STROM - The New York Times

Skilling Pursues Case to Overturn His Conviction

Lawyers for Jeffrey K. Skilling argued before a three-judge panel of a federal appeals court that his conviction should be overturned as a result of the Supreme Court’s ruling on “honest services” fraud. Read more..

By PETER LATTMAN - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Microsoft MSFT 26,88 27,22 26,70 26,95 61.9M
General Electric GE 16,09 16,18 15,88 15,95 52.9M
Intel INTC 20,35 20,67 20,34 20,57 51.6M
Cisco Systems CSCO 22,95 23,30 22,88 22,92 49.2M
Pfizer PFE 17,63 17,84 17,50 17,62 41.9M
JPMorgan Chase JPM 37,61 38,00 37,10 37,42 36.9M
AT&T Inc. T 28,83 28,89 28,63 28,72 26M
Wells Fargo & Co. WFC 26,03 26,10 25,60 25,93 24.8M
ExxonMobil XOM 66,72 67,21 66,63 66,95 22.4M
Oracle Corp. ORCL 29,52 29,55 28,94 29,13 21.1M
Abbott Laboratories ABT 51,58 51,64 50,32 50,60 20.7M
Comcast CMCSA 20,57 20,81 20,32 20,50 18.1M
Apple AAPL 302,22 305,60 302,20 304,18 15.1M
Altria MO 25,54 25,60 25,23 25,37 13.2M
HP Inc. HPQ 42,17 42,75 42,07 42,49 12.9M
Chevron CVX 83,15 84,08 81,09 81,45 12.8M
Verizon Communications VZ 32,77 32,77 32,23 32,40 12.6M
Schlumberger SLB 70,44 70,46 69,54 70,17 12.3M
ConocoPhillips COP 59,96 60,12 58,59 58,95 12.3M
Procter & Gamble PG 63,88 64,14 63,40 63,62 11.9M
Gilead Sciences GILD 39,91 40,73 39,88 40,24 10M
Merck MRK 36,44 36,73 35,98 36,25 9.67M
Johnson & Johnson JNJ 63,88 64,09 63,31 63,69 9.36M
Coca-Cola KO 61,37 61,95 61,21 61,71 9M
Bristol-Myers Squibb BMY 27,02 27,32 26,92 27,07 8.92M
Walt Disney & Co. DIS 36,21 36,49 35,76 36,03 8.45M
Home Depot HD 31,00 31,31 30,56 30,71 8.23M
Wal-Mart Stores WMT 54,05 54,50 54,02 54,31 8.21M
UnitedHealth Group UNH 36,27 36,64 35,70 36,11 7.67M
Alphabet GOOGL 615,73 620,66 611,21 615,00 6.17M
Pepsico PEP 65,49 65,89 65,14 65,55 5.92M
International Business Machines IBM 143,64 144,26 142,32 143,32 5.67M
Amazon AMZN 164,45 164,58 161,52 162,58 5.24M
McDonald's MCD 78,06 78,63 77,37 77,88 4.96M
3M MMM 84,57 85,29 83,42 83,98 4.47M
Berkshire Hathaway BRK.B 79,76 81,31 79,58 79,90 4.33M
Amgen AMGN 57,02 57,95 56,91 57,43 4.08M
Visa V 78,58 78,78 76,70 77,32 3.42M
United Technologies UTX 75,27 75,77 74,11 74,64 3.4M
Boeing BA 70,71 71,89 69,91 70,48 3.32M
Union Pacific UNP 88,66 89,57 88,35 88,90 3.3M
Exchange Rates of November 01, 2010
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 80,480 JPY 1 JPY = 0,012 USD
US Dollar Canadian Dollar 1 USD = 1,015 CAD 1 CAD = 0,985 USD
US Dollar Swiss Franc 1 USD = 0,992 CHF 1 CHF = 1,008 USD
US Dollar Chinese Yuan 1 USD = 6,689 CNY 1 CNY = 0,149 USD
Euro Japanese Yen 1 EUR = 111,830 JPY 1 JPY = 0,009 EUR
Euro Pound Sterling 1 EUR = 0,866 GBP 1 GBP = 1,154 EUR
Euro Australian Dollar 1 EUR = 1,407 AUD 1 AUD = 0,711 EUR
Euro Canadian Dollar 1 EUR = 1,411 CAD 1 CAD = 0,709 EUR
Euro Swiss Franc 1 EUR = 1,378 CHF 1 CHF = 0,726 EUR
Euro Chinese Yuan 1 EUR = 9,298 CNY 1 CNY = 0,108 EUR
Japanese Yen Pound Sterling 1 JPY = 0,774 GBP 1 GBP = 1,292 JPY
Japanese Yen Australian Dollar 1 JPY = 1,258 AUD 1 AUD = 0,795 JPY
Japanese Yen Canadian Dollar 1 JPY = 1,261 CAD 1 CAD = 0,793 JPY
Japanese Yen Swiss Franc 1 JPY = 1,232 CHF 1 CHF = 0,812 JPY
Pound Sterling Australian Dollar 1 GBP = 1,625 AUD 1 AUD = 0,616 GBP
Pound Sterling Canadian Dollar 1 GBP = 1,628 CAD 1 CAD = 0,614 GBP
Pound Sterling Swiss Franc 1 GBP = 1,591 CHF 1 CHF = 0,629 GBP
Pound Sterling Chinese Yuan 1 GBP = 10,723 CNY 1 CNY = 0,093 GBP
Australian Dollar Canadian Dollar 1 AUD = 1,002 CAD 1 CAD = 0,998 AUD
Australian Dollar Swiss Franc 1 AUD = 0,979 CHF 1 CHF = 1,021 AUD
Australian Dollar Chinese Yuan 1 AUD = 6,604 CNY 1 CNY = 0,151 AUD
Canadian Dollar Swiss Franc 1 CAD = 0,977 CHF 1 CHF = 1,024 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6,585 CNY 1 CNY = 0,152 CAD
Swiss Franc Chinese Yuan 1 CHF = 6,743 CNY 1 CNY = 0,148 CHF

See what else happened on November 01, 2010