Financial news on November 04, 2010

Business and Financial news
BHP: Love’s Labor’s Lost

BHP is racking up a history of failed acquisition attempts, and some investors worry that its chief executive is chasing the wrong deals or not doing enough political groundwork to clear the way. Read more..

By HEIDI N. MOORE - The New York Times

Black, JPMorgan’s Vice Chairman, to Leave in 2011

The JPMorgan Chase vice chairman and key lieutenant to the firm’s chief, Jamie Dimon, will leave early next year, according to an internal memorandum obtained by DealBook. Read more..

By DEALBOOK - The New York Times

Credit Suisse Seeks to Liquidate Tamarack Resort

Credit Suisse, which leads a lender group owed $300 million by Tamarack Resort, says liquidating the central Idaho vacation getaway is the best way to recoup a fraction of their investment. Read more..

By DEALBOOK - The New York Times

Editorial: New Energy Outfoxes Old in California

When it came to California’s global warming law, the state’s hedge fund and venture capital investors won the day Tuesday, The New York Times’s editorial board says. Read more..

By DEALBOOK - The New York Times

Goldman Bonuses to Suffer on Trading Weakness

Goldman Sachs, the New York-based bank that makes most of its money from trading and set a Wall Street pay record in 2007, slashed average compensation 26 percent in the first nine months of 2010, Bloomberg News reported. Read more..

By DEALBOOK - The New York Times

Promise of Renewed Battle Over Reach of Health Care

Congress may re-examine some of the law’s provisions, and efforts to carry out the measure at the state level will probably be complicated. Read more..

By ROBERT PEAR and REED ABELSON - The New York Times

Rejecting Bid Sends Bad Signal

Canada’s decision to reject a takeover bid for Potash could affect the country’s ability to attract capital. Read more..

By ROB COX and AGNES T. CRANE - The New York Times

September Rally Pushes Hedge Fund to Close

A relatively new hedge fund announced its own death knell this week, citing turbulent conditions and an unfortunate bet against the market for the decision to shutter the firm. Read more..

By AZAM AHMED - The New York Times

SodaStream Soars in First Day of Trading

Shares of SodaStream International surged more than 20 percent in their first day of trading on the Nasdaq Global Market Wednesday. Read more..

By DEALBOOK - The New York Times

Swiss Re Repays Buffett’s $3 Billion Loan

Swiss Reinsurance Co., the world’s second-largest reinsurer, said it has agreed to repay Warren Buffett’s Berkshire Hathaway, which injected 3 billion Swiss francs ($3.09 billion) of capital last year. Read more..

By DEALBOOK - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Microsoft MSFT 27.41 27.43 27.01 27.14 93.6M
General Electric GE 16.20 16.59 16.18 16.51 87.2M
JPMorgan Chase JPM 38.14 39.85 37.86 39.80 77.6M
Intel INTC 20.66 21.02 20.56 20.97 66M
Pfizer PFE 17.58 17.58 17.29 17.38 58.1M
Wells Fargo & Co. WFC 26.81 27.50 26.63 27.46 57.4M
Cisco Systems CSCO 23.92 24.34 23.89 24.21 55.9M
Oracle Corp. ORCL 29.61 29.82 29.10 29.47 35.7M
ExxonMobil XOM 68.40 69.60 68.29 69.38 31.2M
Apple AAPL 315.45 320.18 315.03 318.27 22.9M
AT&T Inc. T 29.23 29.49 29.10 29.44 22.9M
HP Inc. HPQ 44.13 44.56 43.81 44.07 21.6M
Comcast CMCSA 20.88 21.19 20.79 21.06 21.4M
Abbott Laboratories ABT 51.37 51.58 50.72 50.88 19.3M
Walt Disney & Co. DIS 36.50 37.16 36.46 37.03 16.7M
Chevron CVX 84.16 85.31 83.88 85.14 16.3M
ConocoPhillips COP 60.08 61.46 59.81 61.25 15.9M
Verizon Communications VZ 33.21 33.54 33.16 33.52 14.7M
Schlumberger SLB 73.84 75.84 73.64 75.80 14.4M
Coca-Cola KO 61.94 62.65 61.88 62.45 13.7M
Wal-Mart Stores WMT 55.00 55.50 54.95 55.36 13.2M
Altria MO 25.93 26.15 25.83 26.15 13.1M
Merck MRK 36.86 36.95 36.44 36.65 11.9M
Procter & Gamble PG 64.53 65.00 64.39 65.00 11.8M
Johnson & Johnson JNJ 64.32 64.92 64.24 64.76 11.3M
Home Depot HD 31.83 31.98 31.76 31.94 11.1M
Bristol-Myers Squibb BMY 26.83 26.89 26.56 26.83 10.1M
Pepsico PEP 65.74 65.83 64.50 65.35 9.98M
Amgen AMGN 56.99 57.40 55.65 56.01 9.59M
Gilead Sciences GILD 40.03 40.10 39.48 39.64 8.78M
Berkshire Hathaway BRK.B 82.15 83.09 81.69 82.96 7.62M
Amazon AMZN 169.86 172.53 168.40 168.93 7.4M
Alphabet GOOGL 624.64 629.92 622.10 624.27 7.13M
UnitedHealth Group UNH 37.00 37.05 36.38 36.80 6.84M
International Business Machines IBM 144.82 146.84 144.71 146.79 6.62M
3M MMM 86.29 87.87 86.10 87.04 6.61M
Boeing BA 70.00 71.58 69.78 70.85 5.76M
McDonald's MCD 79.12 79.47 78.84 79.18 5.61M
Union Pacific UNP 92.49 92.71 90.82 91.72 5.53M
United Technologies UTX 76.01 76.90 75.46 76.24 5.5M
Visa V 79.71 80.10 79.06 79.99 5.05M
Exchange Rates of November 04, 2010
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 80.700 JPY 1 JPY = 0.012 USD
US Dollar Canadian Dollar 1 USD = 1.002 CAD 1 CAD = 0.998 USD
US Dollar Swiss Franc 1 USD = 0.958 CHF 1 CHF = 1.044 USD
US Dollar Chinese Yuan 1 USD = 6.661 CNY 1 CNY = 0.150 USD
Euro Japanese Yen 1 EUR = 114.780 JPY 1 JPY = 0.009 EUR
Euro Pound Sterling 1 EUR = 0.874 GBP 1 GBP = 1.145 EUR
Euro Australian Dollar 1 EUR = 1.401 AUD 1 AUD = 0.714 EUR
Euro Canadian Dollar 1 EUR = 1.425 CAD 1 CAD = 0.702 EUR
Euro Swiss Franc 1 EUR = 1.362 CHF 1 CHF = 0.734 EUR
Euro Chinese Yuan 1 EUR = 9.470 CNY 1 CNY = 0.106 EUR
Japanese Yen Pound Sterling 1 JPY = 0.761 GBP 1 GBP = 1.314 JPY
Japanese Yen Australian Dollar 1 JPY = 1.220 AUD 1 AUD = 0.820 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.241 CAD 1 CAD = 0.806 JPY
Japanese Yen Swiss Franc 1 JPY = 1.187 CHF 1 CHF = 0.843 JPY
Pound Sterling Australian Dollar 1 GBP = 1.603 AUD 1 AUD = 0.624 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.630 CAD 1 CAD = 0.613 GBP
Pound Sterling Swiss Franc 1 GBP = 1.559 CHF 1 CHF = 0.642 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.832 CNY 1 CNY = 0.092 GBP
Australian Dollar Canadian Dollar 1 AUD = 1.017 CAD 1 CAD = 0.983 AUD
Australian Dollar Swiss Franc 1 AUD = 0.972 CHF 1 CHF = 1.029 AUD
Australian Dollar Chinese Yuan 1 AUD = 6.764 CNY 1 CNY = 0.148 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.955 CHF 1 CHF = 1.047 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.647 CNY 1 CNY = 0.150 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.955 CNY 1 CNY = 0.144 CHF

See what else happened on November 04, 2010