Financial news on November 4th, 2008
Business and Financial news
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..
Commerzbank on Monday became the first commercial lender in Germany to accept government cash, while several other European banks reported poor earnings. Read more..
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..
Business travelers of all political affiliations reported an unusual amount of political conversation in the last few months from airplane seatmates. Read more..
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..
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..
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..
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..
With hotel profits under siege, this is not the time to be making your most loyal customers unhappy. Read more..
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..
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 4th, 2008
Currencies | Exchange 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 4th, 2008