Financial news on December 03, 2010

Business and Financial news
A New Test Is Proposed in Licensing Radio and TV

Michael J. Copps, one of the agency’s five commissioners, would require more public interest programming if radio and TV stations intended to keep broadcasting. Read more..

By BRIAN STELTER - The New York Times

A Novel Way to Sidestep Investor Suits

If the Supreme Court rules in favor of Janus, other types of companies will create business structures that insulate them from lawsuits, legal experts say. Read more..

By FLOYD NORRIS - The New York Times

A TV That Sounds Great Right Out of the Box

The Bose VideoWave TV has a 46-inch LCD display and 13 speakers concealed in its six-inch-deep cabinet. Read more..

By SAM GROBART - The New York Times

Deals Abroad (or Outside Delaware)

Both PepsiCo’s offer for Wimm-Bill-Dann of Russia and ABB of Switzerland’s agreement to buy Baldor are structured in special ways. Read more..

By STEVEN DAVIDOFF SOLOMON - The New York Times

Duel Over Sugar Beet Seeds Could Create Shortage

Farmers, who would normally order their seeds around now for planting early next year, say they are unsure what to do. Read more..

By WILLIAM NEUMAN and ANDREW POLLACK - The New York Times

In Italy, a Family-Centered House With a Modern Attitude

The Colombo home, built of wood and cement, is so unusual in northern Italy that passers-by sometimes stop to take photos. Read more..

By ERIC SYLVERS - International Herald Tribune

In Streaming, Options Grow

In a fast-changing niche industry, a variety of companies are competing to bring users the content they want, when they want it. Read more..

By JASON TURBOW - The New York Times

PepsiCo’s Big Bet on Changing Russian Tastes

PepsiCo is paying a high price for Wimm-Bill-Dann, but analysts said the deal could pay off as Russian consumers opt for more Western products. Read more..

By JASON BUSH, CHRISTOPHER HUGHES and MARTIN HUTCHINSON - The New York Times

Retail Sales and Real Estate Help Shares Climb for a 2nd Day

November retail sales in the United States exceeded analyst estimates, posting one of the biggest increases in three years. Read more..

By CHRISTINE HAUSER and MATTHEW SALTMARSH - The New York Times

Schwarzman’s European Front

Blackstone’s C.E.O. plans a temporary relocation as his firm becomes more global. Read more..

By PETER LATTMAN - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Cisco SystemsCSCO19.1619.1719.0019.0789.4M
MicrosoftMSFT26.8127.0626.7827.0252.6M
General ElectricGE16.4916.8016.4616.7850.3M
IntelINTC21.6321.7821.6221.6943.9M
PfizerPFE16.7216.7316.6016.7241.5M
Wells Fargo & Co.WFC28.3529.1328.3029.0536.9M
Oracle Corp.ORCL28.0828.9028.0628.8134.5M
JPMorgan ChaseJPM39.0739.6738.7039.6130.1M
AT&T Inc.T28.3828.5028.2128.4923M
ExxonMobilXOM71.0171.3070.8971.1919.5M
General MotorsGM34.5534.6033.9734.5519.4M
HP Inc.HPQ42.5243.2742.5243.0317.7M
Home DepotHD33.1833.5633.0033.4816.4M
Abbott LaboratoriesABT47.5747.6547.1247.3715.9M
ComcastCMCSA20.6720.8120.5120.7115.1M
AltriaMO23.7823.9823.7523.8114.7M
ConocoPhillipsCOP63.6664.0663.5363.9213.5M
Verizon CommunicationsVZ32.5332.9032.4132.9012.6M
AppleAAPL317.01318.65316.34317.4412.2M
MerckMRK35.2935.3235.0235.3010.8M
SchlumbergerSLB79.6783.0079.6782.7410.8M
Coca-ColaKO64.8064.9464.4864.5010.3M
Wal-Mart StoresWMT54.6354.7654.3154.6210.1M
Johnson & JohnsonJNJ62.5162.7762.2362.569.88M
Procter & GamblePG62.4562.5061.9762.338.97M
Bristol-Myers SquibbBMY25.7325.9325.6125.918.94M
AmgenAMGN54.0054.2553.4653.737.12M
Walt Disney & Co.DIS37.0537.6737.0537.596.9M
ChevronCVX84.4985.0084.3684.896.72M
Gilead SciencesGILD37.4637.5337.0637.256.31M
PepsicoPEP65.0865.6365.0365.175.68M
UnitedHealth GroupUNH37.7137.9837.3837.825.38M
AlphabetGOOGL569.45576.48568.00573.005.26M
VisaV76.7377.5476.2277.355.17M
AmazonAMZN175.50176.40174.05175.684.91M
Berkshire HathawayBRK.B80.8081.1780.2080.904.08M
International Business MachinesIBM144.25145.68144.25145.383.71M
McDonald'sMCD79.3179.7979.0579.763.61M
BoeingBA66.5866.6865.9566.543.36M
United TechnologiesUTX78.4278.8178.2978.743.23M
3MMMM86.0687.2485.8186.942.91M
Union PacificUNP93.0994.7393.0994.552.19M
Exchange Rates of December 03, 2010
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 82.530 JPY1 JPY = 0.012 USD
US DollarCanadian Dollar1 USD = 1.004 CAD1 CAD = 0.996 USD
US DollarSwiss Franc1 USD = 0.973 CHF1 CHF = 1.027 USD
US DollarChinese Yuan1 USD = 6.663 CNY1 CNY = 0.150 USD
EuroJapanese Yen1 EUR = 110.700 JPY1 JPY = 0.009 EUR
EuroPound Sterling1 EUR = 0.850 GBP1 GBP = 1.176 EUR
EuroAustralian Dollar1 EUR = 1.351 AUD1 AUD = 0.740 EUR
EuroCanadian Dollar1 EUR = 1.347 CAD1 CAD = 0.743 EUR
EuroSwiss Franc1 EUR = 1.306 CHF1 CHF = 0.766 EUR
EuroChinese Yuan1 EUR = 8.950 CNY1 CNY = 0.112 EUR
Japanese YenPound Sterling1 JPY = 0.768 GBP1 GBP = 1.303 JPY
Japanese YenAustralian Dollar1 JPY = 1.220 AUD1 AUD = 0.820 JPY
Japanese YenCanadian Dollar1 JPY = 1.216 CAD1 CAD = 0.822 JPY
Japanese YenSwiss Franc1 JPY = 1.179 CHF1 CHF = 0.848 JPY
Pound SterlingAustralian Dollar1 GBP = 1.588 AUD1 AUD = 0.630 GBP
Pound SterlingCanadian Dollar1 GBP = 1.584 CAD1 CAD = 0.631 GBP
Pound SterlingSwiss Franc1 GBP = 1.536 CHF1 CHF = 0.651 GBP
Pound SterlingChinese Yuan1 GBP = 10.521 CNY1 CNY = 0.095 GBP
Australian DollarCanadian Dollar1 AUD = 0.997 CAD1 CAD = 1.003 AUD
Australian DollarSwiss Franc1 AUD = 0.966 CHF1 CHF = 1.035 AUD
Australian DollarChinese Yuan1 AUD = 6.622 CNY1 CNY = 0.151 AUD
Canadian DollarSwiss Franc1 CAD = 0.969 CHF1 CHF = 1.032 CAD
Canadian DollarChinese Yuan1 CAD = 6.648 CNY1 CNY = 0.150 CAD
Swiss FrancChinese Yuan1 CHF = 6.851 CNY1 CNY = 0.146 CHF

See what else happened on December 03, 2010