Financial news on November 10, 2010

Business and Financial news
Ask.com to Return to Old Service

The company will go back to being a question-and-answer service, but it’s re-entering a field that has become crowded. Read more..

By VERNE G. KOPYTOFF - The New York Times

At HCA, Hot Debt Markets Offer Chance at Big Payday

So-called dividend recapitalizations have roared back in popularity this year, one of many signs that the debt markets are surging from the depths of the financial crisis. Read more..

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

Barclays Profit Hit by Big Loss at Investment Banking

Even without the large charge, Barclays’ profit would still have been down on a year-to-year basis, but only slightly. Read more..

By DAVID JOLLY - The New York Times

Currency Move Changes S. Korea Plan

The Federal Reserve’s decision to pump $600 billion into the American economy has put South Korean government officials in a difficult spot. Read more..

By SEWELL CHAN and MARTIN FACKLER - The New York Times

E.U. Signals Tough World Trade Policy

Karel De Gucht, the European Union trade commissioner, said he intended “to ensure that European business gets a fair deal and that our rights are respected.” Read more..

By JAMES KANTER - The New York Times

G-20 Expected to Endorse Bank Rules

Efforts to increase capital requirements are being fought by bankers, who say the rules will raise the cost of credit and devastate lending. Read more..

By JACK EWING - The New York Times

In These Lean Days, Even Stores Shrink

Some retailers are cutting the size of stores and inventory to limit costs and provide a focused shopping experience. Read more..

By STEPHANIE CLIFFORD - The New York Times

Some Companies Shift Health Costs to Better-Paid

As costs rise, employers are shifting the burden of health care contributions to workers in top salary brackets. Read more..

By REED ABELSON - The New York Times

Supreme Court Weighs Class-Action Suits

The case of a $30 charge for a “free” phone could change contracts that require disputes be settled via arbitration. Read more..

By ADAM LIPTAK - The New York Times

Victoria Beckham: Looking at All the Angles

Victoria Beckham said she decided to start designing in part because she knows from her own red carpet life what it takes for a woman to look good "from all angles." Read more..

By ALISON SMALE - International Herald Tribune

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Cisco SystemsCSCO24,2924,5123,9924,49116M
PfizerPFE16,9516,9616,6516,8353.9M
MicrosoftMSFT27,0127,0826,8126,9452.3M
General ElectricGE16,6416,6716,3716,5549.7M
IntelINTC21,1521,1720,8221,0448.1M
Wells Fargo & Co.WFC28,0828,6227,8828,5837.3M
JPMorgan ChaseJPM39,8740,6439,5940,6235.6M
Oracle Corp.ORCL28,6428,8428,3628,6927.8M
ExxonMobilXOM70,9671,1670,1571,1325.5M
AltriaMO25,5325,5624,9425,2121.5M
AT&T Inc.T29,0729,0828,7129,0521.5M
MerckMRK35,0535,1834,7834,9619.1M
Abbott LaboratoriesABT49,8750,1749,4650,1715.6M
ComcastCMCSA20,7320,8220,5420,7313.9M
AppleAAPL316,64318,77313,55318,0313.7M
ConocoPhillipsCOP61,9863,2761,6663,2113.7M
Verizon CommunicationsVZ32,9733,0032,5132,8513.7M
HP Inc.HPQ44,5144,5243,7444,1613.3M
ChevronCVX83,7885,2283,2585,1711.8M
SchlumbergerSLB73,8374,7673,2374,6511.8M
Wal-Mart StoresWMT54,7654,7654,0954,5111.2M
Home DepotHD31,4831,7031,2531,6811.2M
Johnson & JohnsonJNJ64,2464,3463,5563,9510.8M
BoeingBA67,6967,6966,7967,0710.5M
Bristol-Myers SquibbBMY26,1926,4126,1226,3110.3M
Coca-ColaKO62,5662,6462,3062,559.01M
Gilead SciencesGILD38,7638,7738,2038,738.9M
UnitedHealth GroupUNH36,7137,1735,9737,168.39M
Procter & GamblePG64,6764,8064,3664,578.15M
Walt Disney & Co.DIS36,9137,0036,5136,997.86M
PepsicoPEP65,0465,3964,6265,257.07M
AmgenAMGN54,7654,9453,9754,706.17M
Berkshire HathawayBRK.B80,6482,1780,6481,935.66M
AmazonAMZN170,59173,37169,41173,335.44M
International Business MachinesIBM146,09146,79145,63146,555.17M
AlphabetGOOGL622,08623,00617,51622,884.99M
United TechnologiesUTX76,5376,6275,8076,154.02M
McDonald'sMCD79,0779,5878,6679,504.01M
3MMMM85,3086,4985,2986,254M
VisaV78,5079,3178,0179,292.98M
Union PacificUNP90,3991,4089,8991,402.62M
Exchange Rates of November 10, 2010
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 82,270 JPY1 JPY = 0,012 USD
US DollarCanadian Dollar1 USD = 1,001 CAD1 CAD = 0,999 USD
US DollarSwiss Franc1 USD = 0,971 CHF1 CHF = 1,030 USD
US DollarChinese Yuan1 USD = 6,634 CNY1 CNY = 0,151 USD
EuroJapanese Yen1 EUR = 113,370 JPY1 JPY = 0,009 EUR
EuroPound Sterling1 EUR = 0,855 GBP1 GBP = 1,170 EUR
EuroAustralian Dollar1 EUR = 1,371 AUD1 AUD = 0,729 EUR
EuroCanadian Dollar1 EUR = 1,379 CAD1 CAD = 0,725 EUR
EuroSwiss Franc1 EUR = 1,338 CHF1 CHF = 0,747 EUR
EuroChinese Yuan1 EUR = 9,148 CNY1 CNY = 0,109 EUR
Japanese YenPound Sterling1 JPY = 0,754 GBP1 GBP = 1,327 JPY
Japanese YenAustralian Dollar1 JPY = 1,209 AUD1 AUD = 0,827 JPY
Japanese YenCanadian Dollar1 JPY = 1,216 CAD1 CAD = 0,822 JPY
Japanese YenSwiss Franc1 JPY = 1,180 CHF1 CHF = 0,848 JPY
Pound SterlingAustralian Dollar1 GBP = 1,603 AUD1 AUD = 0,624 GBP
Pound SterlingCanadian Dollar1 GBP = 1,613 CAD1 CAD = 0,620 GBP
Pound SterlingSwiss Franc1 GBP = 1,565 CHF1 CHF = 0,639 GBP
Pound SterlingChinese Yuan1 GBP = 10,689 CNY1 CNY = 0,094 GBP
Australian DollarCanadian Dollar1 AUD = 1,006 CAD1 CAD = 0,994 AUD
Australian DollarSwiss Franc1 AUD = 0,976 CHF1 CHF = 1,025 AUD
Australian DollarChinese Yuan1 AUD = 6,677 CNY1 CNY = 0,150 AUD
Canadian DollarSwiss Franc1 CAD = 0,970 CHF1 CHF = 1,031 CAD
Canadian DollarChinese Yuan1 CAD = 6,637 CNY1 CNY = 0,151 CAD
Swiss FrancChinese Yuan1 CHF = 6,837 CNY1 CNY = 0,146 CHF

See what else happened on November 10, 2010