Financial news on November 02, 2010
Business and Financial news
Lockheed Martin’s F-35 Joint Strike Fighter, the nation’s most expensive arms program, could also see delays. Read more..
Many stations that had severe advertising losses in 2009 are benefiting financially from the mudslinging ads in the midterm elections. Read more..
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..
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..
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..
Todd Combs, the definitive headshot; Lloyd Blankfein, action figure; Halloween 100 years ago. Read more..
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..
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..
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..
Provident Healthcare Partners, the boutique investment bank, has launched its first venture capital fund with $25 million in committed financing. Read more..
Values are reported in US Dollars
|Wells Fargo & Co.||WFC||26.00||26.05||25.78||25.97||25.1M|
|Walt Disney & Co.||DIS||36.37||36.45||36.10||36.11||16.4M|
|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|
|International Business Machines||IBM||143.85||144.71||143.71||143.84||4.63M|
Exchange Rates of November 02, 2010
|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|