Financial news on November 10th, 2009

Business and Financial news
Cold Response to Kraft’s Cadbury Bid

Kraft took its $16.3 billion bid for the British chocolate and chewing gum maker directly to shareholders after the Cadbury board rejected the offer as too low. Read more..

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

Hotels Find Keeping Travelers at Home Can Be Good Business

Both Starwood Hotels and Marriott International plan to have telepresence suites open by the end of the year. Read more..

By SUSAN STELLIN - The New York Times

Market Rally Continues in Asia

Asian markets opened strong Tuesday, a day after the Dow Jones Industrial Average reached a new high for 2009. Read more..

By JAVIER C. HERNANDEZ - The New York Times

Power for U.S. From Russia’s Old Nuclear Weapons

Fuel from dismantled nuclear bombs, including Russian ones, generates about 10 percent of America’s electricity. Read more..

By ANDREW E. KRAMER - The New York Times

Sony to Offer Film on Internet TV, Then DVD

Sony, the only movie studio tied to a top hardware maker, is in a unique position to try selling movies directly to consumers through television sets. Read more..

By TIM ARANGO - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE15,9515,9915,4815,7873.6M
Cisco SystemsCSCO23,7023,8723,5523,6543.1M
Wells Fargo & Co.WFC28,2528,4527,9328,1035.2M
JPMorgan ChaseJPM44,1444,3243,5544,1731M
Oracle Corp.ORCL21,6421,8821,6021,8022.7M
AT&T Inc.T26,3326,5726,1626,3621.8M
Walt Disney & Co.DIS29,0129,3028,9529,1216.9M
Wal-Mart StoresWMT51,7752,4751,7652,3116.8M
Verizon CommunicationsVZ30,1430,3930,0930,3115.5M
Procter & GamblePG61,5862,3661,4761,8615.1M
Home DepotHD26,8126,9926,5026,8214.9M
Johnson & JohnsonJNJ60,7461,3960,6061,2311.8M
Abbott LaboratoriesABT52,1952,9952,1552,8011.5M
Bristol-Myers SquibbBMY23,0023,4122,9423,3411M
HP Inc.HPQ49,8149,9749,6549,9610.6M
UnitedHealth GroupUNH29,0029,1828,6228,978.06M
Gilead SciencesGILD46,2247,1446,0946,817.78M
International Business MachinesIBM125,30127,05125,17126,916.44M
Union PacificUNP61,8862,4861,3962,125.65M
United TechnologiesUTX66,7467,2066,2966,733.55M
Berkshire HathawayBRK.B3445,003445,003385,003385,0046.9K
Exchange Rates of November 10th, 2009
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 89,810 JPY1 JPY = 0,011 USD
US DollarCanadian Dollar1 USD = 1,050 CAD1 CAD = 0,953 USD
US DollarSwiss Franc1 USD = 1,008 CHF1 CHF = 0,992 USD
US DollarChinese Yuan1 USD = 6,827 CNY1 CNY = 0,146 USD
EuroJapanese Yen1 EUR = 134,630 JPY1 JPY = 0,007 EUR
EuroPound Sterling1 EUR = 0,895 GBP1 GBP = 1,117 EUR
EuroAustralian Dollar1 EUR = 1,610 AUD1 AUD = 0,621 EUR
EuroCanadian Dollar1 EUR = 1,573 CAD1 CAD = 0,636 EUR
EuroSwiss Franc1 EUR = 1,510 CHF1 CHF = 0,662 EUR
EuroChinese Yuan1 EUR = 10,230 CNY1 CNY = 0,098 EUR
Japanese YenPound Sterling1 JPY = 0,665 GBP1 GBP = 1,504 JPY
Japanese YenAustralian Dollar1 JPY = 1,196 AUD1 AUD = 0,836 JPY
Japanese YenCanadian Dollar1 JPY = 1,168 CAD1 CAD = 0,856 JPY
Japanese YenSwiss Franc1 JPY = 1,122 CHF1 CHF = 0,892 JPY
Pound SterlingAustralian Dollar1 GBP = 1,798 AUD1 AUD = 0,556 GBP
Pound SterlingCanadian Dollar1 GBP = 1,757 CAD1 CAD = 0,569 GBP
Pound SterlingSwiss Franc1 GBP = 1,687 CHF1 CHF = 0,593 GBP
Pound SterlingChinese Yuan1 GBP = 11,416 CNY1 CNY = 0,088 GBP
Australian DollarCanadian Dollar1 AUD = 0,977 CAD1 CAD = 1,024 AUD
Australian DollarSwiss Franc1 AUD = 0,937 CHF1 CHF = 1,067 AUD
Australian DollarChinese Yuan1 AUD = 6,353 CNY1 CNY = 0,157 AUD
Canadian DollarSwiss Franc1 CAD = 0,960 CHF1 CHF = 1,042 CAD
Canadian DollarChinese Yuan1 CAD = 6,504 CNY1 CNY = 0,154 CAD
Swiss FrancChinese Yuan1 CHF = 6,774 CNY1 CNY = 0,148 CHF

See what else happened on November 10th, 2009