Financial news on November 04, 2008

Business and Financial news
Automakers Report Grim October Sales

Facing tight credit markets and an economic slowdown, Ford, G.M., Chrysler and Toyota all reported selling far fewer vehicles than a year ago. Read more..

By BILL VLASIC and NICK BUNKLEY - The New York Times

German Bank Seeks $10.5 Billion in Bailout Aid

Commerzbank on Monday became the first commercial lender in Germany to accept government cash, while several other European banks reported poor earnings. Read more..

By DAVID JOLLY - The New York Times

In Britain, Debate Over Help for Small Businesses

Britain’s small businesses are demanding cheaper credit and tax breaks after a multibillion-pound government bank bailout failed to immediately free up credit. Read more..

By JULIA WERDIGIER - The New York Times

In-Flight, and Stuck With a Seatmate’s Politics

Business travelers of all political affiliations reported an unusual amount of political conversation in the last few months from airplane seatmates. Read more..

By MARTHA C. WHITE - The New York Times

K.K.R. Delays Move Needed to Go Public

The private equity firm said it was delaying the purchase of a publicly listed affiliate until next year, a step it was to take before it could go public itself. Read more..

By MICHAEL J. DE LA MERCED - The New York Times

Overseas, More Nations Assemble Stimulus Plans

Governments around the world are stepping up efforts to prop up growth and cushion the impact of the financial crisis through various intervention mechanisms. Read more..

By VICTORIA BURNETT and BETTINA WASSENER - The New York Times

Profits Decline at Ryanair

Among the reasons for the sharp drop in half year profits, the low-cost airlines cited higher fuel prices accounted for half of Ryanair’s operating costs in the time period. Read more..

By CAROLINE BROTHERS - The New York Times

Yahoo and Google Offer to Revise Ad Partnership

The companies have offered to narrow the scope of the deal in a last-minute effort to win the approval of the Justice Department. Read more..

By MIGUEL HELFT - The New York Times

Yes, a Room’s Available. But No, You Can’t Check In.

With hotel profits under siege, this is not the time to be making your most loyal customers unhappy. Read more..

By JOE SHARKEY - The New York Times

Zaragoza, Beneficiary of Spain’s Heady Years, Feels the Undertow

The experience of Zaragoza, the capital of Spain’s fastest-growing region, illustrates how the crisis is spreading beyond real estate and finance to fundamental sectors of the European economy. Read more..

By NELSON D. SCHWARTZ - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
General Electric GE 19.83 21.04 19.75 20.77 117M
Cisco Systems CSCO 17.59 18.46 17.37 18.33 80M
Microsoft MSFT 23.13 23.66 22.87 23.53 72.1M
Intel INTC 16.18 16.39 15.81 16.26 71.4M
Apple AAPL 109.99 111.79 106.67 110.99 50M
JPMorgan Chase JPM 41.25 42.42 40.88 42.17 48.9M
ExxonMobil XOM 75.13 77.96 75.07 77.49 48.2M
Wells Fargo & Co. WFC 34.48 35.25 33.92 35.11 47.1M
Pfizer PFE 18.12 18.45 17.92 18.41 46.8M
Procter & Gamble PG 65.30 66.48 65.10 66.07 46.7M
AT&T Inc. T 28.55 29.91 28.43 29.28 39.4M
Oracle Corp. ORCL 18.50 19.00 18.32 18.90 38.7M
Comcast CMCSA 17.52 18.03 17.12 17.77 34M
HP Inc. HPQ 39.14 39.14 37.41 38.24 27.1M
Schlumberger SLB 51.41 52.34 50.24 52.08 24.8M
Home Depot HD 22.69 23.49 22.16 23.39 24.1M
Wal-Mart Stores WMT 56.80 57.25 55.56 56.13 23.1M
Verizon Communications VZ 31.67 33.06 31.51 32.61 20.7M
ConocoPhillips COP 52.90 55.97 52.80 55.77 20.3M
Chevron CVX 75.42 78.92 74.80 78.19 20.1M
Bristol-Myers Squibb BMY 20.95 21.63 20.73 21.59 19.2M
Visa V 54.38 60.45 53.88 59.81 18.4M
Altria MO 19.42 19.59 19.00 19.09 18M
Walt Disney & Co. DIS 25.29 26.24 25.29 26.02 16.8M
Alphabet GOOGL 353.44 372.36 345.50 366.94 14.7M
Johnson & Johnson JNJ 61.83 62.17 61.31 61.89 14.6M
Merck MRK 30.53 31.30 30.16 31.13 14.6M
Abbott Laboratories ABT 56.94 57.00 55.57 56.41 14.4M
Coca-Cola KO 46.70 46.99 45.61 46.03 11.9M
Amgen AMGN 62.26 62.46 59.62 60.57 11.5M
McDonald's MCD 57.77 58.24 56.39 57.78 10.6M
UnitedHealth Group UNH 24.30 24.49 22.55 22.82 10.6M
International Business Machines IBM 94.76 94.76 92.07 93.40 10.2M
Gilead Sciences GILD 47.76 48.42 46.33 47.07 9.99M
Boeing BA 54.41 54.65 52.72 53.62 9.28M
United Technologies UTX 56.00 57.64 55.39 57.25 8.03M
Amazon AMZN 57.16 58.73 55.22 58.45 7.66M
Pepsico PEP 58.49 59.23 57.74 58.34 6.68M
Union Pacific UNP 65.60 69.75 64.35 69.44 6.23M
3M MMM 65.45 66.23 64.17 65.61 5.9M
Berkshire Hathaway BRK.B 3900.00 3969.00 3851.00 3950.00 24.8K
Exchange Rates of November 04, 2008
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 99.670 JPY 1 JPY = 0.010 USD
US Dollar Canadian Dollar 1 USD = 1.149 CAD 1 CAD = 0.870 USD
US Dollar Swiss Franc 1 USD = 1.163 CHF 1 CHF = 0.860 USD
US Dollar Chinese Yuan 1 USD = 6.836 CNY 1 CNY = 0.146 USD
Euro Japanese Yen 1 EUR = 129.380 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.814 GBP 1 GBP = 1.229 EUR
Euro Australian Dollar 1 EUR = 1.859 AUD 1 AUD = 0.538 EUR
Euro Canadian Dollar 1 EUR = 1.491 CAD 1 CAD = 0.671 EUR
Euro Swiss Franc 1 EUR = 1.510 CHF 1 CHF = 0.662 EUR
Euro Chinese Yuan 1 EUR = 8.878 CNY 1 CNY = 0.113 EUR
Japanese Yen Pound Sterling 1 JPY = 0.629 GBP 1 GBP = 1.591 JPY
Japanese Yen Australian Dollar 1 JPY = 1.436 AUD 1 AUD = 0.696 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.152 CAD 1 CAD = 0.868 JPY
Japanese Yen Swiss Franc 1 JPY = 1.166 CHF 1 CHF = 0.857 JPY
Pound Sterling Australian Dollar 1 GBP = 2.284 AUD 1 AUD = 0.438 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.833 CAD 1 CAD = 0.546 GBP
Pound Sterling Swiss Franc 1 GBP = 1.855 CHF 1 CHF = 0.539 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.903 CNY 1 CNY = 0.092 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.802 CAD 1 CAD = 1.247 AUD
Australian Dollar Swiss Franc 1 AUD = 0.812 CHF 1 CHF = 1.232 AUD
Australian Dollar Chinese Yuan 1 AUD = 4.770 CNY 1 CNY = 0.210 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.012 CHF 1 CHF = 0.989 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5.947 CNY 1 CNY = 0.168 CAD
Swiss Franc Chinese Yuan 1 CHF = 5.880 CNY 1 CNY = 0.170 CHF

See what else happened on November 04, 2008