Financial news on November 02, 2010

Business and Financial news
Additional Costs Expected for Lockheed’s F-35 Fighter

Lockheed Martin’s F-35 Joint Strike Fighter, the nation’s most expensive arms program, could also see delays. Read more..

By CHRISTOPHER DREW - The New York Times

A Gold Mine in Attack Ads on Local TV

Many stations that had severe advertising losses in 2009 are benefiting financially from the mudslinging ads in the midterm elections. Read more..

By BRIAN STELTER - The New York Times

BlackRock ‘Never’ Looked at Man Group

If there were any doubts that about whether BlackRock had considered a takeover of the Man Group, the world’s largest hedge fund, the U.S. asset manager’s chief put them to rest: “We have never, ever looked at Man Group,” Laurence D. Fink told Les Echos. Read more..

By DEALBOOK - The New York Times

DragonBack Aims to Offer Services to Hedge Funds

DragonBack Capital, a Hong Kong- based hedge-fund firm which managed as much as $600 million at its peak, has held talks with more than 30 managers to provide support services as it seeks other business after closing its hedge funds, said chief executive Rob Lance, Bloomberg News reported. Read more..

By DEALBOOK - The New York Times

In Air Cargo Business, It’s Speed vs. Screening, Creating a Weak Link in Security

Several transportation experts say that full screening of all air cargo would cause the system of express air delivery to grind to a halt. Read more..

By BARRY MEIER and ERIC LIPTON - The New York Times

Morning Take-Out

Todd Combs, the definitive headshot; Lloyd Blankfein, action figure; Halloween 100 years ago. Read more..

By DEALBOOK - The New York Times

Och-Ziff Posts Gains as Assets Rise

Och-Ziff Capital Management Group, the hedge fund manager run by Daniel S. Och, reported a quarterly profit of $52.1 million, up from $32.4 million for the same period a year ago, which the company attributed to higher fees resulting from net inflows. Read more..

By CHRIS V. NICHOLSON - The New York Times

Oracle Strikes in Search for Niche Software Makers

Oracle’s acquisition on Tuesday of the e-commerce software provider Art Technology Group follows several previous deals by Oracle to buy software makers that cater to merchants. Read more..

By THOMAS KAPLAN - The New York Times

Oracle to Buy Art Technology Group for $1 Billion

Oracle’s deal for the e-commerce software provider is the first it has announced since hiring Hewlett-Packard’s deal-making former chief executive, Mark V. Hurd. Read more..

By DEALBOOK - The New York Times

Provident Healthcare Starts Venture Fund

Provident Healthcare Partners, the boutique investment bank, has launched its first venture capital fund with $25 million in committed financing. Read more..

By DEALBOOK - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Pfizer PFE 17,64 17,81 17,25 17,45 69.9M
Intel INTC 20,64 20,70 20,29 20,34 61M
Microsoft MSFT 27,06 27,42 27,02 27,39 54.4M
General Electric GE 16,00 16,07 15,88 15,94 50.5M
JPMorgan Chase JPM 37,53 37,57 36,83 36,96 39.9M
Cisco Systems CSCO 23,17 23,30 23,06 23,17 37.4M
ExxonMobil XOM 67,32 68,25 67,21 67,84 26.2M
Wells Fargo & Co. WFC 26,00 26,05 25,78 25,97 25.1M
Oracle Corp. ORCL 29,49 29,57 29,26 29,53 24.2M
AT&T Inc. T 28,95 29,11 28,92 28,94 18.7M
Comcast CMCSA 20,64 20,78 20,54 20,68 16.7M
Walt Disney & Co. DIS 36,37 36,45 36,10 36,11 16.4M
Abbott Laboratories ABT 50,79 51,06 50,71 50,88 15.7M
Apple AAPL 307,00 310,19 307,00 309,36 15.5M
Home Depot HD 31,00 31,97 30,98 31,51 15.1M
ConocoPhillips COP 59,30 59,80 58,80 59,34 13.8M
Verizon Communications VZ 32,63 32,98 32,62 32,80 13M
HP Inc. HPQ 42,75 42,99 42,63 42,91 11.6M
UnitedHealth Group UNH 36,40 37,09 36,36 37,00 9.99M
Merck MRK 36,57 36,86 36,51 36,61 9.98M
Chevron CVX 82,36 82,45 81,72 82,15 9.53M
Schlumberger SLB 70,87 72,08 70,61 71,47 9.44M
Bristol-Myers Squibb BMY 27,11 27,24 26,79 26,90 9.4M
Altria MO 25,47 25,69 25,44 25,57 9.3M
Wal-Mart Stores WMT 54,55 54,99 54,49 54,79 8.85M
Johnson & Johnson JNJ 63,94 64,20 63,72 63,88 8.63M
Procter & Gamble PG 63,87 64,28 63,85 64,02 8.13M
Gilead Sciences GILD 40,57 40,60 40,08 40,33 7.8M
Coca-Cola KO 61,80 61,94 61,78 61,86 6.6M
Boeing BA 70,85 70,98 68,80 69,78 6.34M
Pepsico PEP 65,77 66,10 65,66 65,80 4.67M
International Business Machines IBM 143,85 144,71 143,71 143,84 4.63M
Amazon AMZN 163,75 165,94 163,36 164,61 4.26M
Amgen AMGN 57,61 57,85 57,21 57,34 4.08M
Alphabet GOOGL 618,67 620,00 614,58 615,60 3.99M
Visa V 78,16 78,67 77,48 78,42 3.85M
3M MMM 84,81 85,05 84,32 84,80 3.82M
Berkshire Hathaway BRK.B 80,32 80,61 80,00 80,42 3.8M
McDonald's MCD 78,39 78,76 78,27 78,40 3.7M
United Technologies UTX 75,21 75,62 75,08 75,25 2.81M
Union Pacific UNP 89,84 90,00 89,11 89,95 2.59M
Exchange Rates of November 02, 2010
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 80,670 JPY 1 JPY = 0,012 USD
US Dollar Canadian Dollar 1 USD = 1,009 CAD 1 CAD = 0,991 USD
US Dollar Swiss Franc 1 USD = 0,979 CHF 1 CHF = 1,021 USD
US Dollar Chinese Yuan 1 USD = 6,677 CNY 1 CNY = 0,150 USD
Euro Japanese Yen 1 EUR = 113,190 JPY 1 JPY = 0,009 EUR
Euro Pound Sterling 1 EUR = 0,875 GBP 1 GBP = 1,143 EUR
Euro Australian Dollar 1 EUR = 1,404 AUD 1 AUD = 0,713 EUR
Euro Canadian Dollar 1 EUR = 1,416 CAD 1 CAD = 0,706 EUR
Euro Swiss Franc 1 EUR = 1,374 CHF 1 CHF = 0,728 EUR
Euro Chinese Yuan 1 EUR = 9,376 CNY 1 CNY = 0,107 EUR
Japanese Yen Pound Sterling 1 JPY = 0,773 GBP 1 GBP = 1,294 JPY
Japanese Yen Australian Dollar 1 JPY = 1,240 AUD 1 AUD = 0,807 JPY
Japanese Yen Canadian Dollar 1 JPY = 1,250 CAD 1 CAD = 0,800 JPY
Japanese Yen Swiss Franc 1 JPY = 1,214 CHF 1 CHF = 0,824 JPY
Pound Sterling Australian Dollar 1 GBP = 1,605 AUD 1 AUD = 0,623 GBP
Pound Sterling Canadian Dollar 1 GBP = 1,618 CAD 1 CAD = 0,618 GBP
Pound Sterling Swiss Franc 1 GBP = 1,570 CHF 1 CHF = 0,637 GBP
Pound Sterling Chinese Yuan 1 GBP = 10,701 CNY 1 CNY = 0,093 GBP
Australian Dollar Canadian Dollar 1 AUD = 1,008 CAD 1 CAD = 0,992 AUD
Australian Dollar Swiss Franc 1 AUD = 0,978 CHF 1 CHF = 1,022 AUD
Australian Dollar Chinese Yuan 1 AUD = 6,677 CNY 1 CNY = 0,150 AUD
Canadian Dollar Swiss Franc 1 CAD = 0,970 CHF 1 CHF = 1,031 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6,623 CNY 1 CNY = 0,151 CAD
Swiss Franc Chinese Yuan 1 CHF = 6,822 CNY 1 CNY = 0,147 CHF

See what else happened on November 02, 2010