Financial news on November 6th, 2009

Business and Financial news
14 Charged With Insider Trading in Galleon Case

Federal prosecutors charged 14 hedge fund employees, lawyers and other investors in criminal complaints that seem to be connected to the Raj Rajaratnam case. Read more..

By ALEX BERENSON - The New York Times

Brain Drain in Reverse Behind Fallen Berlin Wall

Two decades after the Berlin Wall came down, those who once left Dresden to seek work in western Germany are returning. Read more..

By CARTER DOUGHERTY - International Herald Tribune

New Drug for H1N1 Flu Offers Hope

Peramivir might also be a life saver for its developer, BioCryst Pharmaceuticals, an unprofitable biotechnology company in Birmingham, Ala. Read more..

By ANDREW POLLACK - The New York Times

New U.S. Tax on Chinese Pipes

The duties on $2.6 billion in annual imports of the pipes will be 36.5 percent for the 37 largest exporters, the Commerce Department said. Read more..

By BLOOMBERG NEWS - The New York Times

Rules on Modified Corn Skirted, Study Says

As many as 25 percent of the American farmers growing genetically engineered corn are no longer complying with federal rules intended to maintain the resistance of the crops to damage from insects. Read more..

By ANDREW POLLACK - The New York Times

Russia Moves to Resume Borrowing From Abroad

Any bond issue would be expected to draw keen interest because Russia is in better financial shape than a decade ago. Read more..

By ANDREW E. KRAMER - The New York Times

Slowly, Foreign Buyers Drift Back Into Singapore

After five consecutive quarters of decline in Singapore's property market, the luxury segment is starting to improve, partly helped by the slow reappearance of foreign buyers. Read more..

By SONIA KOLESNIKOV-JESSOP - International Herald Tribune

UBS Fined $13.3 Million for Illicit Trades by Employees

Four employees at a bank unit in London had carried out unauthorized trading on at least 39 accounts. Read more..

By DAVID JOLLY - The New York Times

Winners and Losers in Financial Crisis Emerging in Europe

The earnings of two European banks, BNP Paribas and Commerzbank, painted a stark contrast a little over a year after Lehman Brothers fell. Read more..

By CHRIS V. NICHOLSON - International Herald Tribune

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE14.9815.4914.8315.33165M
Wells Fargo & Co.WFC26.7227.3326.5827.1237.6M
Cisco SystemsCSCO23.7124.0023.6623.8236.6M
JPMorgan ChaseJPM43.1443.6942.9143.4827.1M
Oracle Corp.ORCL21.1721.5821.1121.4223M
AT&T Inc.T25.8626.0425.7425.9319.1M
Procter & GamblePG60.1761.3860.0061.0416M
Verizon CommunicationsVZ29.2629.5929.2029.5615.9M
Home DepotHD25.8726.2925.8026.0815.1M
Wal-Mart StoresWMT51.0351.2750.7051.2512.4M
UnitedHealth GroupUNH28.1028.7427.8028.6711.9M
Walt Disney & Co.DIS28.7929.0028.3428.5611.9M
HP Inc.HPQ48.6849.1648.5249.1610.8M
Union PacificUNP60.4363.1460.4362.369.04M
Gilead SciencesGILD45.4946.6145.4046.268.65M
Johnson & JohnsonJNJ59.9460.3459.5760.308.52M
Abbott LaboratoriesABT51.4551.5951.0751.538.33M
Bristol-Myers SquibbBMY22.5622.6822.4022.647.37M
International Business MachinesIBM122.51123.49122.23123.494.98M
United TechnologiesUTX65.3665.7264.6965.073.9M
Berkshire HathawayBRK.B3380.003455.003377.003425.0057.8K
Exchange Rates of November 6th, 2009
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 89.870 JPY1 JPY = 0.011 USD
US DollarCanadian Dollar1 USD = 1.075 CAD1 CAD = 0.930 USD
US DollarSwiss Franc1 USD = 1.017 CHF1 CHF = 0.983 USD
US DollarChinese Yuan1 USD = 6.828 CNY1 CNY = 0.146 USD
EuroJapanese Yen1 EUR = 133.420 JPY1 JPY = 0.007 EUR
EuroPound Sterling1 EUR = 0.894 GBP1 GBP = 1.119 EUR
EuroAustralian Dollar1 EUR = 1.617 AUD1 AUD = 0.619 EUR
EuroCanadian Dollar1 EUR = 1.596 CAD1 CAD = 0.627 EUR
EuroSwiss Franc1 EUR = 1.510 CHF1 CHF = 0.662 EUR
EuroChinese Yuan1 EUR = 10.136 CNY1 CNY = 0.099 EUR
Japanese YenPound Sterling1 JPY = 0.669 GBP1 GBP = 1.494 JPY
Japanese YenAustralian Dollar1 JPY = 1.210 AUD1 AUD = 0.827 JPY
Japanese YenCanadian Dollar1 JPY = 1.195 CAD1 CAD = 0.837 JPY
Japanese YenSwiss Franc1 JPY = 1.132 CHF1 CHF = 0.884 JPY
Pound SterlingAustralian Dollar1 GBP = 1.809 AUD1 AUD = 0.553 GBP
Pound SterlingCanadian Dollar1 GBP = 1.786 CAD1 CAD = 0.560 GBP
Pound SterlingSwiss Franc1 GBP = 1.690 CHF1 CHF = 0.592 GBP
Australian DollarCanadian Dollar1 AUD = 0.987 CAD1 CAD = 1.013 AUD
Australian DollarSwiss Franc1 AUD = 0.934 CHF1 CHF = 1.071 AUD
Australian DollarChinese Yuan1 AUD = 6.269 CNY1 CNY = 0.160 AUD
Canadian DollarSwiss Franc1 CAD = 0.946 CHF1 CHF = 1.057 CAD
Canadian DollarChinese Yuan1 CAD = 6.351 CNY1 CNY = 0.157 CAD
Swiss FrancChinese Yuan1 CHF = 6.710 CNY1 CNY = 0.149 CHF

See what else happened on November 6th, 2009