Financial news on November 02, 2006

Business and Financial news
As Investors Covet Ethanol, Farmers Resist

Midwest farmers are proving surprisingly reluctant to cash in on offers to make huge profits from ethanol. Read more..

By ALEXEI BARRIONUEVO - The New York Times

A Sneak Peek at the New iPod Shuffle

The new iPod Shuffle officially hits the streets tomorrow. According to Apple, it’s the world’s smallest MP3 player. Read more..

By DAVID POGUE - The New York Times

Junk Mail Is Alive and Growing

Defying forecasts, marketers sent more than 114 billion pieces of direct mail last year, an increase of roughly 15 percent from 2000. Read more..

By LOUISE STORY - The New York Times

On-the-Job Training, and a Creepy Little Girl’s Return

An ingenious system to teach combatants how to fight and work like a team. Read more..

By CHARLES HEROLD - The New York Times

Profit Soars at Marsh, Aided by Cost-Cutting

The nation’s largest insurance broker said third-quarter profits more than doubled, with net income reaching $176 million. Read more..

By JOSEPH B. TREASTER - The New York Times

The Deals Smaller and Fewer, Profit at Lazard Drops 32%

The investment bank said its third-quarter profit dropped in part because of a decline in the size and number of deals it had worked on. Read more..

By HEATHER TIMMONS - The New York Times

Tribune Quietly Opens Door to Sale of Individual Assets

Tribune is said to still seek a deal for the whole company, but wanted to reach out to potential buyers for a “market check” of certain assets. Read more..

By KATHARINE Q. SEELYE and ANDREW ROSS SORKIN - The New York Times

What Makes a Nation Wealthy? Maybe It’s the Working Stiff

A forthcoming book says the quality of labor is the fundamental factor behind economic growth. Read more..

By TYLER COWEN - The New York Times

Wind Deflectors for Cyclists Keep the Noise Out but Let the Music In

The Slipstreamz Slip wind deflectors reduce background noise while holding iPod earbuds in place. Read more..

By IVAN BERGER - The New York Times

With Wages on Ballots, Restaurateurs Do the Math

Many restaurants are concerned that they will be the hardest hit if six states vote to increase the minimum wage. Read more..

By REGAN MORRIS - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Intel INTC 20.64 20.92 20.57 20.68 68.2M
Microsoft MSFT 28.71 28.86 28.58 28.77 58.7M
Cisco Systems CSCO 23.98 24.14 23.90 24.05 38.8M
Oracle Corp. ORCL 18.45 18.47 18.05 18.27 34.6M
Pfizer PFE 26.56 26.70 26.43 26.69 28.9M
AT&T Inc. T 33.89 34.12 33.71 34.02 24.5M
Wal-Mart Stores WMT 47.70 48.37 47.66 48.29 24.4M
General Electric GE 34.88 34.91 34.62 34.71 23.4M
ExxonMobil XOM 70.71 71.36 70.43 71.19 20.2M
Home Depot HD 37.05 37.50 36.91 37.20 16.6M
Apple AAPL 78.92 79.32 78.50 78.98 16.6M
Verizon Communications VZ 37.12 37.25 36.76 36.99 13.8M
ConocoPhillips COP 59.48 60.09 59.03 59.70 11.9M
Alphabet GOOGL 467.50 473.73 466.38 469.91 10.5M
Johnson & Johnson JNJ 67.15 68.00 67.09 67.90 10.4M
Abbott Laboratories ABT 47.45 47.68 47.35 47.46 9.77M
Merck MRK 45.71 45.71 45.15 45.40 9.67M
Schlumberger SLB 62.37 62.53 61.23 61.95 9.43M
Chevron CVX 66.95 67.89 66.53 67.79 9.01M
Comcast CMCSA 39.78 40.16 39.57 40.13 8.86M
Procter & Gamble PG 62.84 63.39 62.76 63.27 8.15M
McDonald's MCD 41.73 42.10 41.62 42.05 8.06M
Bristol-Myers Squibb BMY 24.64 24.85 24.37 24.47 7.92M
Coca-Cola KO 46.51 46.83 46.41 46.71 7.74M
HP Inc. HPQ 38.56 38.83 38.45 38.59 7.45M
JPMorgan Chase JPM 46.93 47.08 46.69 46.90 7.06M
Wells Fargo & Co. WFC 35.87 36.10 35.73 35.87 6.74M
Altria MO 81.40 81.62 81.00 81.36 5.89M
UnitedHealth Group UNH 48.10 49.20 48.09 48.62 5.65M
Amazon AMZN 37.33 37.77 37.11 37.45 5.45M
Walt Disney & Co. DIS 31.70 31.81 31.39 31.70 5.23M
International Business Machines IBM 91.80 91.95 91.25 91.68 4.9M
Amgen AMGN 74.91 75.33 74.78 75.29 4.83M
Boeing BA 80.06 80.40 79.11 79.20 4.04M
Pepsico PEP 63.22 63.47 63.05 63.21 3.84M
Gilead Sciences GILD 67.58 68.17 66.67 68.01 3.54M
3M MMM 78.84 79.30 78.58 78.88 2.9M
United Technologies UTX 63.85 64.48 63.63 64.33 2.65M
Union Pacific UNP 90.40 90.94 89.86 90.86 1.91M
Berkshire Hathaway BRK.B 3483.00 3501.00 3445.00 3473.00 16.7K
Exchange Rates of November 02, 2006
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 117.150 JPY 1 JPY = 0.009 USD
US Dollar Canadian Dollar 1 USD = 1.133 CAD 1 CAD = 0.883 USD
US Dollar Swiss Franc 1 USD = 1.245 CHF 1 CHF = 0.803 USD
US Dollar Chinese Yuan 1 USD = 7.874 CNY 1 CNY = 0.127 USD
Euro Japanese Yen 1 EUR = 149.690 JPY 1 JPY = 0.007 EUR
Euro Pound Sterling 1 EUR = 0.670 GBP 1 GBP = 1.494 EUR
Euro Australian Dollar 1 EUR = 1.650 AUD 1 AUD = 0.606 EUR
Euro Canadian Dollar 1 EUR = 1.448 CAD 1 CAD = 0.691 EUR
Euro Swiss Franc 1 EUR = 1.591 CHF 1 CHF = 0.628 EUR
Japanese Yen Pound Sterling 1 JPY = 0.447 GBP 1 GBP = 2.237 JPY
Japanese Yen Australian Dollar 1 JPY = 1.102 AUD 1 AUD = 0.908 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.967 CAD 1 CAD = 1.034 JPY
Japanese Yen Swiss Franc 1 JPY = 1.063 CHF 1 CHF = 0.941 JPY
Pound Sterling Australian Dollar 1 GBP = 2.465 AUD 1 AUD = 0.406 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.163 CAD 1 CAD = 0.462 GBP
Pound Sterling Swiss Franc 1 GBP = 2.376 CHF 1 CHF = 0.421 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.877 CAD 1 CAD = 1.141 AUD
Australian Dollar Swiss Franc 1 AUD = 0.964 CHF 1 CHF = 1.038 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.099 CHF 1 CHF = 0.910 CAD

See what else happened on November 02, 2006