Financial news on November 07, 2006

Business and Financial news
Holiday Marketers Play the Humor Card

The advertising approach for the coming holiday shopping season is shaping up as more ha-ha-ha than ho-ho-ho. Read more..

By STUART ELLIOTT - The New York Times

India: Foreign Investments Approved

India has approved 32 foreign investment proposals worth 2.5 billion rupees ($56 million), the largest an investment of 1.4 billion rupees ($31 million) by the Walt Disney Company in United Home Entertainment, a leading entertainment company that ... Read more..

By SARITHA RAI - The New York Times

India: McDonald’s Is Expanding

McDonald’s India said it planned to build 15 restaurants in the Eastern Indian city of Calcutta, home to the country’s only communist government, in the next five years. “In the past few years, Kolkata has witnessed very encouraging economic growt... Read more..

By SARITHA RAI - The New York Times

Mechanics at Northwest Ratify Accord

Northwest Airlines mechanics, replaced after going on strike in 2005, have ratified a contract that pays them to leave the bankrupt carrier or gives them a chance to reapply for their jobs. Read more..

By BLOOMBERG NEWS - The New York Times

Medarex Chief Leaves

Medarex Inc., a drug developer, said that Donald L. Drakeman, its president and chief executive, had stepped down amid inquiries into the dating of company stock options. Read more..

By BLOOMBERG NEWS - The New York Times

MySpace Aims for a Global Audience, and Finds Some Stiff Competition

MySpace is aggressively trying to move into overseas markets, where people already have different habits about socializing online. Read more..

By ROBERT LEVINE - The New York Times

No Deal Made to Free Actor in Tax Case, Prosecutors Say

Wesley Snipes remains a federal fugitive, and the government is negotiating with him, a U.S. attorney’s spokesman said. Read more..

By DAVID CAY JOHNSTON - The New York Times

Parent of Outback Steakhouse Is Sold in $3.2 Billion Deal

The company said that it would be acquired by Bain Capital and Catterton Partners in one of the biggest restaurant deals ever. Read more..

By MICHAEL J. de la MERCED - The New York Times

Time to Consider Motel 5.5?

Some hotel analysts are predicting a potential downturn in the fortunes of hotel companies as businesses cut back. Read more..

By JANE L. LEVERE - The New York Times

To Do List: Rename Laptop Files ‘Grandma’s Favorite Recipes’

Travelers say that they see laptops being opened, turned on and briefly scrutinized by customs agents, evidently at random. Read more..

By JOE SHARKEY - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Cisco Systems CSCO 24.82 25.01 24.57 24.84 76.1M
Microsoft MSFT 28.86 29.07 28.80 28.95 56.5M
Intel INTC 20.78 21.17 20.73 20.80 48.5M
Pfizer PFE 27.00 27.47 27.00 27.05 45.4M
Oracle Corp. ORCL 18.12 18.25 17.99 18.20 27.3M
General Electric GE 35.35 35.65 35.27 35.54 24.4M
ExxonMobil XOM 73.09 73.19 72.18 72.53 20.1M
Apple AAPL 80.45 81.00 80.13 80.51 18.8M
Wal-Mart Stores WMT 47.69 47.99 47.41 47.65 17.9M
Comcast CMCSA 40.60 41.20 40.50 40.64 17.8M
Home Depot HD 37.16 37.48 37.11 37.23 17.4M
AT&T Inc. T 34.30 34.50 34.20 34.30 17.1M
McDonald's MCD 41.83 42.08 41.66 41.67 16.6M
Verizon Communications VZ 37.07 37.11 36.80 36.87 12.5M
Walt Disney & Co. DIS 32.49 33.02 32.42 32.85 11.9M
Boeing BA 80.73 84.98 80.60 84.55 11.8M
ConocoPhillips COP 61.48 61.48 60.54 60.99 11.7M
Abbott Laboratories ABT 47.35 48.32 47.31 47.86 11.5M
HP Inc. HPQ 38.83 38.99 38.63 38.70 10.8M
Johnson & Johnson JNJ 68.17 69.03 68.14 68.71 10.7M
Chevron CVX 69.85 69.92 68.64 68.91 9.89M
Merck MRK 45.81 46.32 45.67 45.90 9.82M
Alphabet GOOGL 476.96 479.02 471.77 472.57 9.78M
UnitedHealth Group UNH 48.76 50.00 48.35 49.57 9.39M
Altria MO 81.08 81.28 80.20 80.33 9.32M
JPMorgan Chase JPM 47.50 48.00 47.47 47.49 8.54M
Coca-Cola KO 46.67 47.01 46.57 46.92 8.17M
Bristol-Myers Squibb BMY 24.80 25.16 24.63 25.08 8.09M
Procter & Gamble PG 63.56 64.38 63.42 64.11 7.8M
Amazon AMZN 38.20 39.00 38.04 38.77 7.75M
Schlumberger SLB 64.30 64.50 63.25 64.01 7.74M
International Business Machines IBM 92.42 93.40 92.41 92.45 7.31M
Wells Fargo & Co. WFC 36.35 36.57 36.20 36.39 6.88M
Amgen AMGN 75.07 75.84 74.75 75.21 4.91M
Pepsico PEP 63.26 63.54 63.09 63.40 4.41M
Gilead Sciences GILD 68.59 69.90 68.17 69.75 3.3M
United Technologies UTX 65.28 65.89 64.95 65.51 2.92M
3M MMM 79.76 80.14 79.27 79.42 2.12M
Union Pacific UNP 91.31 92.29 91.06 91.06 1.44M
Berkshire Hathaway BRK.B 3560.00 3582.50 3552.00 3571.00 25.3K
Exchange Rates of November 07, 2006
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 117.670 JPY 1 JPY = 0.008 USD
US Dollar Canadian Dollar 1 USD = 1.130 CAD 1 CAD = 0.885 USD
US Dollar Swiss Franc 1 USD = 1.249 CHF 1 CHF = 0.800 USD
US Dollar Chinese Yuan 1 USD = 7.875 CNY 1 CNY = 0.127 USD
Euro Japanese Yen 1 EUR = 150.320 JPY 1 JPY = 0.007 EUR
Euro Pound Sterling 1 EUR = 0.670 GBP 1 GBP = 1.492 EUR
Euro Australian Dollar 1 EUR = 1.650 AUD 1 AUD = 0.606 EUR
Euro Canadian Dollar 1 EUR = 1.443 CAD 1 CAD = 0.693 EUR
Euro Swiss Franc 1 EUR = 1.596 CHF 1 CHF = 0.627 EUR
Japanese Yen Pound Sterling 1 JPY = 0.446 GBP 1 GBP = 2.245 JPY
Japanese Yen Australian Dollar 1 JPY = 1.097 AUD 1 AUD = 0.911 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.959 CAD 1 CAD = 1.042 JPY
Japanese Yen Swiss Franc 1 JPY = 1.062 CHF 1 CHF = 0.942 JPY
Pound Sterling Australian Dollar 1 GBP = 2.463 AUD 1 AUD = 0.406 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.153 CAD 1 CAD = 0.465 GBP
Pound Sterling Swiss Franc 1 GBP = 2.381 CHF 1 CHF = 0.420 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.874 CAD 1 CAD = 1.145 AUD
Australian Dollar Swiss Franc 1 AUD = 0.966 CHF 1 CHF = 1.035 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.106 CHF 1 CHF = 0.904 CAD

See what else happened on November 07, 2006