Financial news on November 05, 2010

Business and Financial news
A Child’s Legacy Is More Than Money

Estate planning may be difficult, but tougher still is imparting life tools like good judgment and passion. Read more..

By PAUL SULLIVAN - The New York Times

After Months of Feuding, Obama Makes Overture to Business Group

In his postelection remarks, the president seemed to hint at a different tone toward the United States Chamber of Commerce and other business organizations. Read more..

By MICHAEL D. SHEAR - The New York Times

Asian Markets See Slight Gains After Fed Move

Stock markets took the details of a much-anticipated asset-purchase program by the Federal Reserve in stride on Thursday. Read more..

By BETTINA WASSENER - The New York Times

Bernanke Fearing Fate of Japan, Not Greece

Ben Bernanke has no control over fiscal policy, and how much he can do with monetary policy is the question. Read more..

By SEWELL CHAN - The New York Times

Emerging-Market Countries Criticize Fed Decision

Policy makers fear that the Federal Reserve’s new measures could increase the flood of cash into their fast-growing economies. Read more..

By BETTINA WASSENER - International Herald Tribune

Ignore Long-Term Care Planning at Your Peril

Fewer people are signing up for the coverage as some premiums rise, but millions of people approaching old age and their families may wish they had. Read more..

By RON LIEBER - The New York Times

Is It Really a Pension? It’s a Problem

Social Security was set up to reduce poverty among the elderly and disabled, but it was sold as a pension plan — and that’s one reason it is so hard to contain. Read more..

By FLOYD NORRIS - The New York Times

Morning Take-Out

BofA’s mortgage-backed “doublespeak”; Twitter diplomacy; and the catastrophe calculator. Read more..

By DEALBOOK - The New York Times

Obama to Visit India, and Both Sides Hope to Expand Ties

More than 200 executives will accompany President Obama and try to boost the countries’ economic ties. Read more..

By VIKAS BAJAJ and HEATHER TIMMONS - The New York Times

Stuck in the Sandwich

Many of us are supporting parents and children while wondering about our own financial future. But with some planning, there is cause to be optimistic. Read more..

By RON LIEBER - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Microsoft MSFT 27.17 27.19 26.53 26.85 111M
Wells Fargo & Co. WFC 27.56 29.36 27.55 29.22 79.8M
JPMorgan Chase JPM 39.89 41.34 39.78 40.94 75.7M
General Electric GE 16.52 16.86 16.51 16.73 69.8M
Pfizer PFE 17.40 17.48 17.05 17.18 57.5M
Intel INTC 21.01 21.29 20.97 21.24 56M
Cisco Systems CSCO 24.26 24.34 23.88 24.26 41M
Oracle Corp. ORCL 29.30 29.50 28.98 29.25 28.3M
ExxonMobil XOM 69.44 70.00 69.40 70.00 26.5M
Merck MRK 36.67 36.74 35.42 35.70 22.5M
AT&T Inc. T 29.46 29.47 29.13 29.27 18.1M
HP Inc. HPQ 43.93 44.10 43.36 43.72 15.6M
Chevron CVX 84.71 85.32 84.05 84.98 14.5M
Abbott Laboratories ABT 50.86 51.06 50.61 50.92 13.7M
Verizon Communications VZ 33.59 33.62 33.04 33.43 13.2M
Apple AAPL 317.99 319.57 316.75 317.13 12.9M
ConocoPhillips COP 61.37 61.89 61.23 61.81 11.8M
Gilead Sciences GILD 39.53 39.59 38.56 38.95 11.5M
Schlumberger SLB 75.45 76.33 74.66 75.66 11.4M
Comcast CMCSA 21.02 21.16 20.88 21.04 11.3M
Home Depot HD 31.95 32.29 31.77 31.92 10.8M
Wal-Mart Stores WMT 55.45 55.72 54.90 55.20 10.3M
Altria MO 26.21 26.22 26.00 26.11 10M
Procter & Gamble PG 64.91 65.00 64.62 65.00 9.75M
Walt Disney & Co. DIS 36.78 37.27 36.78 37.20 9.71M
Johnson & Johnson JNJ 64.75 64.84 64.10 64.65 9.28M
Bristol-Myers Squibb BMY 26.88 26.90 26.52 26.69 9.22M
Coca-Cola KO 62.42 62.65 62.00 62.58 8.01M
UnitedHealth Group UNH 36.73 37.19 36.48 36.86 7.19M
Pepsico PEP 65.26 65.35 64.76 65.08 6.94M
Amgen AMGN 56.02 56.09 54.88 55.42 6.9M
Berkshire Hathaway BRK.B 82.64 83.80 82.46 83.72 6.01M
Visa V 80.27 80.47 79.15 79.80 5.94M
McDonald's MCD 79.39 79.39 78.80 79.30 5.24M
Amazon AMZN 169.35 171.65 168.59 170.77 5.21M
International Business Machines IBM 145.94 146.93 145.67 146.92 5M
United Technologies UTX 76.49 76.89 76.14 76.75 4.71M
3M MMM 87.46 87.49 86.00 86.34 3.72M
Boeing BA 70.85 71.65 70.50 71.27 3.63M
Alphabet GOOGL 623.18 625.49 621.11 625.08 3.53M
Union Pacific UNP 91.18 92.50 90.56 91.22 2.98M
Exchange Rates of November 05, 2010
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 81.260 JPY 1 JPY = 0.012 USD
US Dollar Canadian Dollar 1 USD = 1.000 CAD 1 CAD = 1.000 USD
US Dollar Swiss Franc 1 USD = 0.961 CHF 1 CHF = 1.041 USD
US Dollar Chinese Yuan 1 USD = 6.655 CNY 1 CNY = 0.150 USD
Euro Japanese Yen 1 EUR = 114.000 JPY 1 JPY = 0.009 EUR
Euro Pound Sterling 1 EUR = 0.867 GBP 1 GBP = 1.153 EUR
Euro Australian Dollar 1 EUR = 1.381 AUD 1 AUD = 0.724 EUR
Euro Canadian Dollar 1 EUR = 1.403 CAD 1 CAD = 0.713 EUR
Euro Swiss Franc 1 EUR = 1.348 CHF 1 CHF = 0.742 EUR
Euro Chinese Yuan 1 EUR = 9.342 CNY 1 CNY = 0.107 EUR
Japanese Yen Pound Sterling 1 JPY = 0.760 GBP 1 GBP = 1.316 JPY
Japanese Yen Australian Dollar 1 JPY = 1.210 AUD 1 AUD = 0.827 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.230 CAD 1 CAD = 0.813 JPY
Japanese Yen Swiss Franc 1 JPY = 1.183 CHF 1 CHF = 0.845 JPY
Pound Sterling Australian Dollar 1 GBP = 1.593 AUD 1 AUD = 0.628 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.618 CAD 1 CAD = 0.618 GBP
Pound Sterling Swiss Franc 1 GBP = 1.555 CHF 1 CHF = 0.643 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.765 CNY 1 CNY = 0.093 GBP
Australian Dollar Canadian Dollar 1 AUD = 1.015 CAD 1 CAD = 0.985 AUD
Australian Dollar Swiss Franc 1 AUD = 0.975 CHF 1 CHF = 1.026 AUD
Australian Dollar Chinese Yuan 1 AUD = 6.759 CNY 1 CNY = 0.148 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.961 CHF 1 CHF = 1.041 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.655 CNY 1 CNY = 0.150 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.921 CNY 1 CNY = 0.144 CHF

See what else happened on November 05, 2010