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

Stock Ticker symbol Open High Low Close Volume
Cisco Systems CSCO 19.16 19.17 19.00 19.07 89.4M
Microsoft MSFT 26.81 27.06 26.78 27.02 52.6M
General Electric GE 16.49 16.80 16.46 16.78 50.3M
Intel INTC 21.63 21.78 21.62 21.69 43.9M
Pfizer PFE 16.72 16.73 16.60 16.72 41.5M
Wells Fargo & Co. WFC 28.35 29.13 28.30 29.05 36.9M
Oracle Corp. ORCL 28.08 28.90 28.06 28.81 34.5M
JPMorgan Chase JPM 39.07 39.67 38.70 39.61 30.1M
AT&T Inc. T 28.38 28.50 28.21 28.49 23M
ExxonMobil XOM 71.01 71.30 70.89 71.19 19.5M
General Motors GM 34.55 34.60 33.97 34.55 19.4M
HP Inc. HPQ 42.52 43.27 42.52 43.03 17.7M
Home Depot HD 33.18 33.56 33.00 33.48 16.4M
Abbott Laboratories ABT 47.57 47.65 47.12 47.37 15.9M
Comcast CMCSA 20.67 20.81 20.51 20.71 15.1M
Altria MO 23.78 23.98 23.75 23.81 14.7M
ConocoPhillips COP 63.66 64.06 63.53 63.92 13.5M
Verizon Communications VZ 32.53 32.90 32.41 32.90 12.6M
Apple AAPL 317.01 318.65 316.34 317.44 12.2M
Merck MRK 35.29 35.32 35.02 35.30 10.8M
Schlumberger SLB 79.67 83.00 79.67 82.74 10.8M
Coca-Cola KO 64.80 64.94 64.48 64.50 10.3M
Wal-Mart Stores WMT 54.63 54.76 54.31 54.62 10.1M
Johnson & Johnson JNJ 62.51 62.77 62.23 62.56 9.88M
Procter & Gamble PG 62.45 62.50 61.97 62.33 8.97M
Bristol-Myers Squibb BMY 25.73 25.93 25.61 25.91 8.94M
Amgen AMGN 54.00 54.25 53.46 53.73 7.12M
Walt Disney & Co. DIS 37.05 37.67 37.05 37.59 6.9M
Chevron CVX 84.49 85.00 84.36 84.89 6.72M
Gilead Sciences GILD 37.46 37.53 37.06 37.25 6.31M
Pepsico PEP 65.08 65.63 65.03 65.17 5.68M
UnitedHealth Group UNH 37.71 37.98 37.38 37.82 5.38M
Alphabet GOOGL 569.45 576.48 568.00 573.00 5.26M
Visa V 76.73 77.54 76.22 77.35 5.17M
Amazon AMZN 175.50 176.40 174.05 175.68 4.91M
Berkshire Hathaway BRK.B 80.80 81.17 80.20 80.90 4.08M
International Business Machines IBM 144.25 145.68 144.25 145.38 3.71M
McDonald's MCD 79.31 79.79 79.05 79.76 3.61M
Boeing BA 66.58 66.68 65.95 66.54 3.36M
United Technologies UTX 78.42 78.81 78.29 78.74 3.23M
3M MMM 86.06 87.24 85.81 86.94 2.91M
Union Pacific UNP 93.09 94.73 93.09 94.55 2.19M
Exchange Rates of December 03, 2010
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 82.530 JPY 1 JPY = 0.012 USD
US Dollar Canadian Dollar 1 USD = 1.004 CAD 1 CAD = 0.996 USD
US Dollar Swiss Franc 1 USD = 0.973 CHF 1 CHF = 1.027 USD
US Dollar Chinese Yuan 1 USD = 6.663 CNY 1 CNY = 0.150 USD
Euro Japanese Yen 1 EUR = 110.700 JPY 1 JPY = 0.009 EUR
Euro Pound Sterling 1 EUR = 0.850 GBP 1 GBP = 1.176 EUR
Euro Australian Dollar 1 EUR = 1.351 AUD 1 AUD = 0.740 EUR
Euro Canadian Dollar 1 EUR = 1.347 CAD 1 CAD = 0.743 EUR
Euro Swiss Franc 1 EUR = 1.306 CHF 1 CHF = 0.766 EUR
Euro Chinese Yuan 1 EUR = 8.950 CNY 1 CNY = 0.112 EUR
Japanese Yen Pound Sterling 1 JPY = 0.768 GBP 1 GBP = 1.303 JPY
Japanese Yen Australian Dollar 1 JPY = 1.220 AUD 1 AUD = 0.820 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.216 CAD 1 CAD = 0.822 JPY
Japanese Yen Swiss Franc 1 JPY = 1.179 CHF 1 CHF = 0.848 JPY
Pound Sterling Australian Dollar 1 GBP = 1.588 AUD 1 AUD = 0.630 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.584 CAD 1 CAD = 0.631 GBP
Pound Sterling Swiss Franc 1 GBP = 1.536 CHF 1 CHF = 0.651 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.521 CNY 1 CNY = 0.095 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.997 CAD 1 CAD = 1.003 AUD
Australian Dollar Swiss Franc 1 AUD = 0.966 CHF 1 CHF = 1.035 AUD
Australian Dollar Chinese Yuan 1 AUD = 6.622 CNY 1 CNY = 0.151 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.969 CHF 1 CHF = 1.032 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.648 CNY 1 CNY = 0.150 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.851 CNY 1 CNY = 0.146 CHF

See what else happened on December 03, 2010