Financial news on December 3rd, 2008
Business and Financial news
Rogers Communication must deal with its founder’s death, while Bell Canada faces a failed buyout. Read more..
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..
A former industrial wasteland becomes a neighborhood of housing, retailers and entertainment. Read more..
Mr. Rogers transformed Canada’s first FM radio station into one of North America’s most diverse communications and media companies. Read more..
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..
Becky Saletan, publisher of the adult trade division, will leave next week in a sign of further unraveling at the publisher. Read more..
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..
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 3rd, 2008
| Currencies | Exchange 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 3rd, 2008