Financial news on November 10, 2006

Business and Financial news
Declining Bill for Oil Imports Improves U.S. Trade Balance

The gaping trade deficit the U.S. has with the rest of the world shrank largely because Americans imported and paid less for oil. Read more..

By JEREMY W. PETERS - The New York Times

Denmark: Danske to Buy Finnish Bank

Danske Bank, the Nordic region’s second-biggest financial institution, said that it had agreed to buy Sampo Bank for 30.1 billion Danish kroner ($5.15 billion) to expand in Finland and the Baltics. Danske, based in Copenhagen, will sell shares and... Read more..

By BLOOMBERG NEWS - The New York Times

Fastow Gets His Moment in the Sun

Andrew S. Fastow delivered the most expansive deposition yet in a spate of lawsuits stemming from Enron’s 2001 collapse. Read more..

By ALEXEI BARRIONUEVO - The New York Times

KBW Soars on Debut Day

Stock of the New York-based investment bank made swift gains, up $5.83, or 28 percent, from its initial public offering price of $21. Read more..

By DOW JONES/AP - The New York Times

Profit Doubles at Disney, Aided by ABC and Movies

Fourth-quarter profit doubled on the popularity of movies, growth at ABC and successful celebrations at its theme parks worldwide. Read more..

By LAURA M. HOLSON - The New York Times

Renault to Make Autos With Indian Company

Renault and Mahindra & Mahindra of India announced a joint venture to build a plant capable of making 500,000 cars a year. Read more..

By SARITHA RAI - The New York Times

Strong A.I.G. Results

The world’s largest insurer said its third-quarter earnings more than doubled after a quiet hurricane season. Read more..

By BLOOMBERG NEWS - The New York Times

The Dress Code Is Relaxed, but the Courting Is Intense

The annual FourSquare conference mixes media titans and Wall Street bankers with 20-something Web entrepreneurs. Read more..

By ANDREW ROSS SORKIN - The New York Times

This Fund Is Making a Bundle

A securities filing by Fortress Investment Group provides a rare peek into the world of alternative investments. Read more..

By JENNY ANDERSON - The New York Times

Turning Toughened Rules Into an Advantage

Diesel engine makers have adapted to tougher environmental mandates, treating newer, cleaner engines as a point of pride. Read more..

By FELICITY BARRINGER - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Cisco Systems CSCO 26.67 26.98 26.56 26.74 59.2M
Pfizer PFE 25.82 26.07 25.40 25.71 47.1M
Microsoft MSFT 29.17 29.29 29.15 29.24 37.9M
Intel INTC 20.49 20.64 20.42 20.58 31.9M
AT&T Inc. T 33.52 33.70 32.69 33.05 26.7M
Walt Disney & Co. DIS 32.75 32.85 31.74 32.40 25.4M
Oracle Corp. ORCL 18.65 18.87 18.61 18.78 24M
ExxonMobil XOM 74.55 74.80 74.05 74.42 18.4M
General Electric GE 35.30 35.31 35.12 35.17 18M
Verizon Communications VZ 36.21 36.27 35.27 35.59 14.6M
Home Depot HD 36.80 36.85 36.48 36.64 14.2M
Apple AAPL 83.55 83.60 82.50 83.12 13.4M
Merck MRK 42.78 43.20 42.29 43.12 13.3M
Abbott Laboratories ABT 45.75 46.38 45.41 45.97 13.2M
Wal-Mart Stores WMT 46.31 46.69 46.31 46.47 13.2M
HP Inc. HPQ 39.74 40.00 39.53 39.99 12.4M
UnitedHealth Group UNH 45.45 46.50 45.28 46.11 10.6M
Johnson & Johnson JNJ 66.00 66.31 65.48 66.29 10.1M
Chevron CVX 70.22 70.39 69.14 69.54 8.79M
McDonald's MCD 42.10 42.22 41.97 41.97 8.64M
ConocoPhillips COP 63.19 63.44 62.57 63.09 8.09M
Amgen AMGN 73.30 74.60 72.84 73.46 7.99M
Bristol-Myers Squibb BMY 24.55 24.64 24.29 24.42 7.92M
Schlumberger SLB 64.72 64.73 62.88 63.30 7.51M
Procter & Gamble PG 63.96 64.00 63.35 63.70 6.89M
Comcast CMCSA 40.80 41.00 40.20 40.31 6.75M
JPMorgan Chase JPM 47.45 47.61 47.31 47.61 5.85M
Alphabet GOOGL 473.78 474.72 470.29 473.55 5.59M
Boeing BA 86.39 86.98 85.44 85.62 5.5M
International Business Machines IBM 92.30 92.35 91.63 91.76 5.37M
Wells Fargo & Co. WFC 36.74 36.82 36.48 36.67 5.37M
Coca-Cola KO 46.65 46.75 46.28 46.47 4.94M
Amazon AMZN 38.79 39.36 38.76 39.26 4.5M
Altria MO 80.70 81.06 80.34 80.93 4.47M
Gilead Sciences GILD 67.07 67.36 66.35 67.34 3.03M
Pepsico PEP 62.61 62.80 62.47 62.55 2.91M
United Technologies UTX 64.69 65.40 64.48 65.06 2.59M
3M MMM 79.15 79.36 78.68 79.19 2.09M
Union Pacific UNP 90.79 91.33 90.57 91.14 1.19M
Berkshire Hathaway BRK.B 3586.00 3611.50 3561.00 3570.00 15.2K
Exchange Rates of November 10, 2006
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 117.540 JPY 1 JPY = 0.009 USD
US Dollar Canadian Dollar 1 USD = 1.132 CAD 1 CAD = 0.883 USD
US Dollar Swiss Franc 1 USD = 1.242 CHF 1 CHF = 0.805 USD
US Dollar Chinese Yuan 1 USD = 7.865 CNY 1 CNY = 0.127 USD
Euro Japanese Yen 1 EUR = 150.930 JPY 1 JPY = 0.007 EUR
Euro Pound Sterling 1 EUR = 0.672 GBP 1 GBP = 1.488 EUR
Euro Australian Dollar 1 EUR = 1.673 AUD 1 AUD = 0.598 EUR
Euro Canadian Dollar 1 EUR = 1.454 CAD 1 CAD = 0.688 EUR
Euro Swiss Franc 1 EUR = 1.594 CHF 1 CHF = 0.627 EUR
Japanese Yen Pound Sterling 1 JPY = 0.445 GBP 1 GBP = 2.248 JPY
Japanese Yen Australian Dollar 1 JPY = 1.108 AUD 1 AUD = 0.903 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.963 CAD 1 CAD = 1.039 JPY
Japanese Yen Swiss Franc 1 JPY = 1.056 CHF 1 CHF = 0.947 JPY
Pound Sterling Australian Dollar 1 GBP = 2.490 AUD 1 AUD = 0.402 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.164 CAD 1 CAD = 0.462 GBP
Pound Sterling Swiss Franc 1 GBP = 2.372 CHF 1 CHF = 0.422 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.868 CAD 1 CAD = 1.152 AUD
Australian Dollar Swiss Franc 1 AUD = 0.952 CHF 1 CHF = 1.050 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.096 CHF 1 CHF = 0.912 CAD

See what else happened on November 10, 2006