Financial news on November 9th, 2006

Business and Financial news
After 5 Years, Latest Version of Windows Is Set to Ship

Microsoft announced that it had finished the new version of its Windows operating system, Windows Vista. Read more..

By STEVE LOHR - The New York Times

China’s Trade Surplus Climbs Sharply

China said its trade surplus with the rest of the world had leapt to a record $23.8 billion in October. Read more..

By DAVID BARBOZA - The New York Times

For Start-Ups, Web Success on the Cheap

Many Internet start-ups are foregoing venture capital in their early stages, choosing instead to grow on a shoestring. Read more..

By MIGUEL HELFT - The New York Times

Health Insurer Restates Earnings

UnitedHealth Group said its restatement of earnings would be “significantly greater” than the $286 million it estimated in May. Read more..

By BLOOMBERG NEWS - The New York Times

Microsoft Strikes Deal for Music

In a rare move, Microsoft agreed to pay a percentage of the sales of its new portable media player to the Universal Music Group. Read more..

By JEFF LEEDS - The New York Times

New Nvidia Chip Steps Closer to Supercomputing in the PC

Nvidia introduced its next-generation processor, capable of more than three trillion mathematical operations per second. Read more..

By JOHN MARKOFF - The New York Times

Parent of Airbus Posts Quarterly Loss

The European Aeronautic Defense and Space Company, the parent of Airbus, posted an unexpected quarterly loss, its first in three years, because of delays affecting the A380 jumbo jet. The third-quarter net loss was 195 million euros ($249 million)... Read more..

By BLOOMBERG NEWS - The New York Times

Russian Sale of Steel Shares Is Reduced

Russian steel maker Severstal offered fewer shares than expected on the London Stock Exchange but said the issue was enough for its needs. Read more..

By ANDREW E. KRAMER - The New York Times

Two Billionaires Offer to Acquire the Tribune Company

Eli Broad and Ronald W. Burkle joined forces to buy the owner of The Los Angeles Times and 10 other newspapers. Read more..

By SHARON WAXMAN - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Cisco SystemsCSCO27.4427.4426.6526.71199M
AT&T Inc.T34.3234.3433.3533.4246.6M
Oracle Corp.ORCL18.4118.8018.2918.5440.6M
Wal-Mart StoresWMT47.1147.2146.3146.3927.2M
HP Inc.HPQ39.1239.9239.1139.5623M
Abbott LaboratoriesABT47.2947.4645.6845.8422.2M
UnitedHealth GroupUNH48.0048.0045.1245.2721.4M
Walt Disney & Co.DIS33.2533.8533.0033.5819.9M
General ElectricGE35.5135.6635.2535.2918.7M
Home DepotHD37.2537.4136.7936.8518.6M
Johnson & JohnsonJNJ67.5267.7465.8266.1516.6M
Verizon CommunicationsVZ36.8036.8935.8636.1112.4M
Procter & GamblePG63.8664.0063.1963.808.2M
Bristol-Myers SquibbBMY24.8024.9124.3624.587.89M
JPMorgan ChaseJPM47.6547.7547.1847.246.84M
Wells Fargo & Co.WFC36.8036.9036.5936.735.83M
International Business MachinesIBM92.5993.1992.3792.424.52M
Gilead SciencesGILD69.4269.4266.7567.063.58M
United TechnologiesUTX65.3765.6564.8564.912.97M
Union PacificUNP91.7792.0490.6590.681.62M
Berkshire HathawayBRK.B3610.003628.003561.003566.0025.7K
Exchange Rates of November 9th, 2006
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 117.900 JPY1 JPY = 0.008 USD
US DollarCanadian Dollar1 USD = 1.130 CAD1 CAD = 0.885 USD
US DollarSwiss Franc1 USD = 1.243 CHF1 CHF = 0.805 USD
US DollarChinese Yuan1 USD = 7.867 CNY1 CNY = 0.127 USD
EuroJapanese Yen1 EUR = 151.270 JPY1 JPY = 0.007 EUR
EuroPound Sterling1 EUR = 0.673 GBP1 GBP = 1.485 EUR
EuroAustralian Dollar1 EUR = 1.671 AUD1 AUD = 0.599 EUR
EuroCanadian Dollar1 EUR = 1.449 CAD1 CAD = 0.690 EUR
EuroSwiss Franc1 EUR = 1.595 CHF1 CHF = 0.627 EUR
Japanese YenPound Sterling1 JPY = 0.445 GBP1 GBP = 2.248 JPY
Japanese YenAustralian Dollar1 JPY = 1.104 AUD1 AUD = 0.906 JPY
Japanese YenCanadian Dollar1 JPY = 0.958 CAD1 CAD = 1.044 JPY
Japanese YenSwiss Franc1 JPY = 1.054 CHF1 CHF = 0.949 JPY
Pound SterlingAustralian Dollar1 GBP = 2.482 AUD1 AUD = 0.403 GBP
Pound SterlingCanadian Dollar1 GBP = 2.152 CAD1 CAD = 0.465 GBP
Pound SterlingSwiss Franc1 GBP = 2.368 CHF1 CHF = 0.422 GBP
Australian DollarCanadian Dollar1 AUD = 0.867 CAD1 CAD = 1.154 AUD
Australian DollarSwiss Franc1 AUD = 0.954 CHF1 CHF = 1.048 AUD
Canadian DollarSwiss Franc1 CAD = 1.100 CHF1 CHF = 0.909 CAD

See what else happened on November 9th, 2006