Financial news on November 04, 2009

Business and Financial news
Buffett Bets Big on Railroads’ Future

In buying Burlington Northern Santa Fe, Warren E. Buffett is hoping that the demand for shipping by train will remain strong or even grow. Read more..

By MICHAEL J. de la MERCED and ANDREW ROSS SORKIN - The New York Times

Chrysler, Lagging Rivals, to Unveil Recovery Plan

The industry’s annualized selling rate climbed in October, and G.M. and Ford reported sales increases. Read more..

By NICK BUNKLEY - The New York Times

Cisco and EMC Form Venture to Serve Data Centers

The joint venture called Acadia will work to sell bundles of hardware and software to corporate data centers. Read more..

By ASHLEE VANCE - The New York Times

For a Men’s Body Lotion, a Rugged Messenger

With ads featuring Michael Strahan, Vaseline Men is aiming to alter perceptions about the use of body lotion. Read more..

By ANDREW ADAM NEWMAN - The New York Times

G.M. Decides to Keep Opel, Its European Unit

The decision was a blow to the Canadian auto supplier Magna, which was poised to acquire a 55 percent stake in Opel with the backing of the German government and labor unions. Read more..

By BILL VLASIC - The New York Times

House Bill Would Assure Workers Paid Sick Days

Legislation introduced in Congress on Tuesday would guarantee five paid sick days for workers sent home by their employers with a contagious illness. Read more..

By STEVEN GREENHOUSE - The New York Times

Kraft Earns $826 Million but Cuts Its Sales Forecast

The nation’s largest food manufacturer reported quarterly profits that beat analysts’ expectations, but cut its forecast for full-year revenue growth. Read more..

By WILLIAM NEUMAN - The New York Times

Riding the Rails at a High Price

Warren E. Buffett says he thinks the business of transporting goods around the country is ready to rebound. But investors may want to delay hitching a ride on his caboose. Read more..

By RICHARD BEALES and ROBERT CYRAN - The New York Times

Steve Martin and Alec Baldwin to Host the Oscars

Steve Martin and Alec Baldwin were named next year’s Academy Awards hosts days after the Golden Globes landed the comedian Ricky Gervais as its host. Read more..

By MICHAEL CIEPLY - The New York Times

UBS Claims Improvement Despite Loss

Switzerland’s biggest bank reported a fourth consecutive loss for the quarter because of a charge for its own debt but said business was improving. Read more..

By JULIA WERDIGIER - International Herald Tribune

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
IntelINTC18.6118.8318.5018.5985.8M
General ElectricGE14.4414.5914.1514.1980.3M
Cisco SystemsCSCO23.3123.4323.0023.2965.6M
MicrosoftMSFT27.6928.3927.6228.0663.9M
PfizerPFE16.9317.2116.8716.9352.4M
Wells Fargo & Co.WFC28.0228.1226.7226.8246.1M
ComcastCMCSA14.7014.7614.0014.0644.7M
JPMorgan ChaseJPM43.2143.6942.1242.2142.5M
MerckMRK31.3332.8531.2532.6436.2M
Oracle Corp.ORCL20.8221.2020.6520.9032.4M
AT&T Inc.T25.4625.8425.4025.5325.3M
ExxonMobilXOM72.0772.5371.0471.3022.8M
UnitedHealth GroupUNH27.6228.9627.6227.8722.4M
Home DepotHD25.2725.5024.9024.9618.6M
AppleAAPL190.73193.85190.23190.8117.4M
Verizon CommunicationsVZ29.2029.3029.0429.1016.1M
AltriaMO18.4618.6518.3818.4715.6M
HP Inc.HPQ47.9648.6447.6947.7615.6M
ConocoPhillipsCOP51.0752.0051.0051.2515.4M
Bristol-Myers SquibbBMY21.9922.5121.8522.1815.2M
Wal-Mart StoresWMT50.0450.7849.8650.3814.5M
Johnson & JohnsonJNJ59.1360.0658.9759.5213.9M
Procter & GamblePG58.9459.6658.7059.0313.2M
Walt Disney & Co.DIS28.1228.7327.9028.0312.8M
McDonald'sMCD59.5060.8559.2060.2912.3M
Abbott LaboratoriesABT50.5051.5050.5050.9111.5M
Union PacificUNP60.4561.1958.8659.1510.7M
ChevronCVX77.1077.5076.0076.2810.7M
AmgenAMGN52.4852.8751.7252.128.54M
SchlumbergerSLB64.7565.4463.9664.307.89M
AmazonAMZN119.00119.25116.76117.107.62M
Gilead SciencesGILD44.1244.3043.5743.877.4M
Coca-ColaKO53.4254.0053.0353.497.06M
International Business MachinesIBM121.46122.50121.16121.296.35M
VisaV78.3079.5078.1278.316.09M
PepsicoPEP60.1660.9659.7960.385.55M
BoeingBA48.2848.9047.8048.075.08M
AlphabetGOOGL540.80545.50536.42540.334.66M
United TechnologiesUTX63.5564.6463.3963.584.45M
3MMMM74.6875.2873.9074.074.08M
Berkshire HathawayBRK.B3380.003449.003349.003381.00118K
Exchange Rates of November 04, 2009
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 90.760 JPY1 JPY = 0.011 USD
US DollarCanadian Dollar1 USD = 1.063 CAD1 CAD = 0.941 USD
US DollarSwiss Franc1 USD = 1.016 CHF1 CHF = 0.984 USD
US DollarChinese Yuan1 USD = 6.828 CNY1 CNY = 0.146 USD
EuroJapanese Yen1 EUR = 134.940 JPY1 JPY = 0.007 EUR
EuroPound Sterling1 EUR = 0.898 GBP1 GBP = 1.114 EUR
EuroAustralian Dollar1 EUR = 1.632 AUD1 AUD = 0.613 EUR
EuroCanadian Dollar1 EUR = 1.579 CAD1 CAD = 0.633 EUR
EuroSwiss Franc1 EUR = 1.510 CHF1 CHF = 0.662 EUR
EuroChinese Yuan1 EUR = 10.154 CNY1 CNY = 0.098 EUR
Japanese YenPound Sterling1 JPY = 0.665 GBP1 GBP = 1.504 JPY
Japanese YenAustralian Dollar1 JPY = 1.210 AUD1 AUD = 0.827 JPY
Japanese YenCanadian Dollar1 JPY = 1.170 CAD1 CAD = 0.855 JPY
Japanese YenSwiss Franc1 JPY = 1.119 CHF1 CHF = 0.894 JPY
Pound SterlingAustralian Dollar1 GBP = 1.818 AUD1 AUD = 0.550 GBP
Pound SterlingCanadian Dollar1 GBP = 1.759 CAD1 CAD = 0.568 GBP
Pound SterlingSwiss Franc1 GBP = 1.682 CHF1 CHF = 0.594 GBP
Australian DollarCanadian Dollar1 AUD = 0.968 CAD1 CAD = 1.033 AUD
Australian DollarSwiss Franc1 AUD = 0.925 CHF1 CHF = 1.082 AUD
Australian DollarChinese Yuan1 AUD = 6.216 CNY1 CNY = 0.161 AUD
Canadian DollarSwiss Franc1 CAD = 0.956 CHF1 CHF = 1.046 CAD
Canadian DollarChinese Yuan1 CAD = 6.425 CNY1 CNY = 0.156 CAD
Swiss FrancChinese Yuan1 CHF = 6.723 CNY1 CNY = 0.149 CHF

See what else happened on November 04, 2009