Financial news on November 02, 2016

Business and Financial news
Broadcom to Buy Brocade Communications for $5.5 Billion

It is the latest deal in the rapidly consolidating semiconductor sector, where companies are seeking greater scale and a larger array of products. Read more..

By CHAD BRAY - The New York Times

Comparing Medicare Prescription Drug Plans

Experts advise those covered by Medicare to check the changes in their prescription drug plans and consider changing plans before the Dec. 7 deadline. Read more..

By ANN CARRNS - The New York Times

Daily Report: How to Think About ‘Thinking’ Machines

One of the country’s top universities gets $10 million to work on the ethics of artificial intelligence. As always, it’s a question about the ethics of humans. Read more..

By QUENTIN HARDY - The New York Times

Facebook Defies Social Media Gravity With User and Profit Growth

The social network remained strong, topping 1.79 billion monthly visitors and nearly tripling its profit, to $2.38 billion, in the third quarter. Read more..

By MIKE ISAAC - The New York Times

Former BlackRock Fund Manager Pleads Guilty to Insider Trading

Mark Lyttleton, who left BlackRock, the world’s largest investment firm, in 2013, was accused by British authorities of trading two stocks using inside information. Read more..

By CHAD BRAY - The New York Times

How the Internet Is Loosening Our Grip on the Truth

A wider variety of news sources was supposed to be the bulwark of a rational age. Instead, we are roiled by biases, gorging on what confirms our ideas and shunning what does not. Read more..

By FARHAD MANJOO - The New York Times

Morning Agenda: Wells Fargo Hit Again, Bygone Times

Wells Fargo has been hit with a $50 million payment to settle a class-action lawsuit for the overcharging of home appraisals. Read more..

By AMIE TSANG - The New York Times

New Research Center to Explore Ethics of Artificial Intelligence

The president of Carnegie Mellon University, which will establish the center, said injecting ethical discussions into A.I. is necessary as the technology advances. Read more..

By JOHN MARKOFF - The New York Times

Nonprofit Employees, Already Underpaid, Face Special Challenges in Retirement

Short on time and money, small nonprofits often have little of either left for researching and adopting the best savings vehicles for their workers. Read more..

By RON LIEBER - The New York Times

Start-Ups for the End of Life

A crop of tech start-ups is looking to capture a slice of the funeral sector and end-of-life care. Many of them are founded by millennials, who have grown up online. Read more..

By EILENE ZIMMERMAN - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE28.8628.8628.4028.4930.9M
AT&T Inc.T36.6036.7036.3036.3726M
HP Inc.HPQ14.2814.8314.2814.6522.3M
Wells Fargo & Co.WFC45.3845.5145.0745.2419.6M
Cisco SystemsCSCO30.4330.6830.2330.3919.2M
Verizon CommunicationsVZ47.7547.7546.8646.9416.5M
Gilead SciencesGILD74.0074.3572.4572.5114.6M
JPMorgan ChaseJPM68.6568.8568.0168.6812.4M
General MotorsGM31.3331.7231.3131.4511.8M
Oracle Corp.ORCL38.4638.4937.9838.039.49M
Bristol-Myers SquibbBMY50.9350.9850.5350.578.2M
Procter & GamblePG86.7787.4186.5686.747.77M
Wal-Mart StoresWMT69.2069.9769.2069.457.65M
Walt Disney & Co.DIS91.9192.5691.6991.916.72M
Johnson & JohnsonJNJ115.52115.76114.83114.866.59M
Abbott LaboratoriesABT39.0539.2238.7038.706.32M
Home DepotHD119.93121.29119.82120.294.85M
Union PacificUNP88.0889.3187.7488.694.44M
United TechnologiesUTX101.85102.56101.16101.544.12M
Berkshire HathawayBRK.B143.18143.86142.91143.193.18M
UnitedHealth GroupUNH139.02141.23138.93138.983.15M
International Business MachinesIBM152.48153.35151.67151.953.07M
Exchange Rates of November 02, 2016
CurrenciesExchange Rates
US DollarEuro1 USD = 0.901 EUR1 EUR = 1.110 USD
US DollarJapanese Yen1 USD = 103.341 JPY1 JPY = 0.010 USD
US DollarPound Sterling1 USD = 0.813 GBP1 GBP = 1.230 USD
US DollarAustralian Dollar1 USD = 1.306 AUD1 AUD = 0.766 USD
US DollarCanadian Dollar1 USD = 1.339 CAD1 CAD = 0.747 USD
US DollarSwiss Franc1 USD = 0.973 CHF1 CHF = 1.028 USD
US DollarChinese Yuan1 USD = 6.754 CNY1 CNY = 0.148 USD
US DollarMexican Peso1 USD = 19.374 MXN1 MXN = 0.052 USD
US DollarSwidish Krona1 USD = 8.919 SEK1 SEK = 0.112 USD
EuroJapanese Yen1 EUR = 114.687 JPY1 JPY = 0.009 EUR
EuroPound Sterling1 EUR = 0.902 GBP1 GBP = 1.109 EUR
EuroAustralian Dollar1 EUR = 1.449 AUD1 AUD = 0.690 EUR
EuroCanadian Dollar1 EUR = 1.486 CAD1 CAD = 0.673 EUR
EuroSwiss Franc1 EUR = 1.080 CHF1 CHF = 0.926 EUR
EuroChinese Yuan1 EUR = 7.506 CNY1 CNY = 0.133 EUR
EuroMexican Peso1 EUR = 21.500 MXN1 MXN = 0.047 EUR
EuroSwidish Krona1 EUR = 9.899 SEK1 SEK = 0.101 EUR
Japanese YenPound Sterling1 JPY = 0.008 GBP1 GBP = 126.582 JPY
Japanese YenAustralian Dollar1 JPY = 0.013 AUD1 AUD = 79.365 JPY
Japanese YenCanadian Dollar1 JPY = 0.013 CAD1 CAD = 77.519 JPY
Japanese YenSwiss Franc1 JPY = 0.009 CHF1 CHF = 106.383 JPY
Japanese YenChinese Yuan1 JPY = 0.065 CNY1 CNY = 15.314 JPY
Japanese YenMexican Peso1 JPY = 0.188 MXN1 MXN = 5.333 JPY
Japanese YenSwidish Krona1 JPY = 0.086 SEK1 SEK = 11.601 JPY
Pound SterlingAustralian Dollar1 GBP = 1.607 AUD1 AUD = 0.622 GBP
Pound SterlingCanadian Dollar1 GBP = 1.647 CAD1 CAD = 0.607 GBP
Pound SterlingSwiss Franc1 GBP = 1.197 CHF1 CHF = 0.835 GBP
Pound SterlingChinese Yuan1 GBP = 8.309 CNY1 CNY = 0.120 GBP
Pound SterlingMexican Peso1 GBP = 23.830 MXN1 MXN = 0.042 GBP
Pound SterlingSwidish Krona1 GBP = 10.971 SEK1 SEK = 0.091 GBP
Australian DollarCanadian Dollar1 AUD = 1.025 CAD1 CAD = 0.975 AUD
Australian DollarSwiss Franc1 AUD = 0.745 CHF1 CHF = 1.342 AUD
Australian DollarChinese Yuan1 AUD = 5.171 CNY1 CNY = 0.193 AUD
Australian DollarMexican Peso1 AUD = 14.838 MXN1 MXN = 0.067 AUD
Australian DollarSwidish Krona1 AUD = 6.820 SEK1 SEK = 0.147 AUD
Canadian DollarSwiss Franc1 CAD = 0.727 CHF1 CHF = 1.376 CAD
Canadian DollarChinese Yuan1 CAD = 5.043 CNY1 CNY = 0.198 CAD
Canadian DollarMexican Peso1 CAD = 14.470 MXN1 MXN = 0.069 CAD
Canadian DollarSwidish Krona1 CAD = 6.654 SEK1 SEK = 0.150 CAD
Swiss FrancChinese Yuan1 CHF = 6.939 CNY1 CNY = 0.144 CHF
Swiss FrancMexican Peso1 CHF = 19.904 MXN1 MXN = 0.050 CHF
Swiss FrancSwidish Krona1 CHF = 9.155 SEK1 SEK = 0.109 CHF

See what else happened on November 02, 2016