Financial news on December 03, 2008

Business and Financial news
2 Canadian Phone Giants in Different Struggles

Rogers Communication must deal with its founder’s death, while Bell Canada faces a failed buyout. Read more..

By IAN AUSTEN - The New York Times

Another Month of Miserable Auto Sales

In the worst month yet in a horrible year, U.S. sales fell 41 percent at General Motors and 33.9 percent at Toyota. Honda’s sales declined 31.6 percent, and Ford’s fell 30.6 percent. Read more..

By NICK BUNKLEY - The New York Times

A Waterfront Revival in Columbus, Ohio

A former industrial wasteland becomes a neighborhood of housing, retailers and entertainment. Read more..

By KEITH SCHNEIDER - The New York Times

Edward S. Rogers Jr., Canadian Media Mogul, Dies at 75

Mr. Rogers transformed Canada’s first FM radio station into one of North America’s most diverse communications and media companies. Read more..

By IAN AUSTEN - The New York Times

G.E. Warns of Low Fourth-Quarter Profit

The company said it expected its fourth-quarter profit to be at the low end of its previous guidance and warned that charges were likely to top $1 billion after taxes. Read more..

By PETER EDMONSTON - The New York Times

Houghton Mifflin Publisher Resigns

Becky Saletan, publisher of the adult trade division, will leave next week in a sign of further unraveling at the publisher. Read more..

By MOTOKO RICH - The New York Times

Wall St. Partially Recovers From Sell-Off

Wall Street mounted a modest recovery on Tuesday, gaining back nearly half of the enormous collapse that had seemed to bode badly for this week. Read more..

By MICHAEL M. GRYNBAUM - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
General Electric GE 17.07 18.27 16.86 18.13 157M
Microsoft MSFT 18.65 19.90 18.60 19.87 81M
Intel INTC 12.74 13.67 12.72 13.66 77.2M
Wells Fargo & Co. WFC 24.86 28.50 24.75 28.10 72.9M
Oracle Corp. ORCL 15.92 16.15 15.62 16.13 72.2M
Cisco Systems CSCO 14.91 16.03 14.86 16.01 69.6M
Pfizer PFE 15.82 16.75 15.82 16.62 69M
JPMorgan Chase JPM 27.44 30.74 27.04 30.25 64.9M
ExxonMobil XOM 76.16 79.44 75.73 78.93 57.5M
Apple AAPL 89.40 96.23 88.80 95.90 47.8M
AT&T Inc. T 27.41 29.37 27.30 29.08 42.7M
Comcast CMCSA 15.55 16.10 15.11 16.06 36.2M
Home Depot HD 21.32 22.88 21.06 22.76 32.9M
Bristol-Myers Squibb BMY 19.87 21.82 19.87 21.70 26.6M
Verizon Communications VZ 31.43 33.42 31.20 33.19 26.3M
Wal-Mart Stores WMT 52.69 54.51 52.50 54.38 25.2M
Altria MO 14.93 15.59 14.86 15.50 24.4M
Chevron CVX 73.70 75.23 73.00 74.74 22.6M
HP Inc. HPQ 33.28 34.90 33.05 34.82 21.8M
ConocoPhillips COP 48.13 50.10 46.75 49.76 21.2M
Procter & Gamble PG 60.52 63.13 60.50 62.88 20M
Coca-Cola KO 43.67 46.40 43.50 46.14 19.9M
Schlumberger SLB 41.25 42.67 38.63 42.53 19.8M
Johnson & Johnson JNJ 56.08 58.01 55.50 57.32 18.8M
Abbott Laboratories ABT 51.17 53.48 51.17 53.15 16.5M
Walt Disney & Co. DIS 20.60 22.00 20.57 21.94 16.3M
Amazon AMZN 40.16 45.88 40.05 45.21 15.7M
Merck MRK 25.65 26.69 25.43 26.46 14.9M
McDonald's MCD 56.76 59.83 56.50 59.55 13.5M
Alphabet GOOGL 269.85 281.36 265.34 279.43 11.8M
Gilead Sciences GILD 43.67 46.39 43.44 46.17 11.3M
Pepsico PEP 53.49 54.23 52.48 54.08 10.4M
Amgen AMGN 53.60 57.74 53.50 57.47 9.87M
International Business Machines IBM 78.62 81.00 76.99 80.67 9.76M
Visa V 48.12 52.75 48.11 52.44 9.1M
3M MMM 59.66 61.70 59.16 60.71 8.97M
UnitedHealth Group UNH 19.84 20.53 19.05 20.38 8.02M
Boeing BA 40.23 41.10 39.15 40.47 8.01M
United Technologies UTX 45.82 47.51 45.20 47.32 7.98M
Union Pacific UNP 47.21 48.64 45.77 48.07 6.26M
Berkshire Hathaway BRK.B 3260.00 3420.00 3252.00 3375.50 50.1K
Exchange Rates of December 03, 2008
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 93.290 JPY 1 JPY = 0.011 USD
US Dollar Canadian Dollar 1 USD = 1.253 CAD 1 CAD = 0.798 USD
US Dollar Swiss Franc 1 USD = 1.209 CHF 1 CHF = 0.827 USD
US Dollar Chinese Yuan 1 USD = 6.875 CNY 1 CNY = 0.145 USD
Euro Japanese Yen 1 EUR = 118.610 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.860 GBP 1 GBP = 1.163 EUR
Euro Australian Dollar 1 EUR = 1.960 AUD 1 AUD = 0.510 EUR
Euro Canadian Dollar 1 EUR = 1.593 CAD 1 CAD = 0.628 EUR
Euro Swiss Franc 1 EUR = 1.538 CHF 1 CHF = 0.650 EUR
Euro Chinese Yuan 1 EUR = 8.735 CNY 1 CNY = 0.114 EUR
Japanese Yen Pound Sterling 1 JPY = 0.725 GBP 1 GBP = 1.380 JPY
Japanese Yen Australian Dollar 1 JPY = 1.652 AUD 1 AUD = 0.605 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.343 CAD 1 CAD = 0.745 JPY
Japanese Yen Swiss Franc 1 JPY = 1.296 CHF 1 CHF = 0.771 JPY
Pound Sterling Australian Dollar 1 GBP = 2.278 AUD 1 AUD = 0.439 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.853 CAD 1 CAD = 0.540 GBP
Pound Sterling Swiss Franc 1 GBP = 1.788 CHF 1 CHF = 0.559 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.145 CNY 1 CNY = 0.099 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.813 CAD 1 CAD = 1.231 AUD
Australian Dollar Swiss Franc 1 AUD = 0.784 CHF 1 CHF = 1.276 AUD
Australian Dollar Chinese Yuan 1 AUD = 4.457 CNY 1 CNY = 0.224 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.964 CHF 1 CHF = 1.037 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5.485 CNY 1 CNY = 0.182 CAD
Swiss Franc Chinese Yuan 1 CHF = 5.680 CNY 1 CNY = 0.176 CHF

See what else happened on December 03, 2008