Financial news on November 11th, 2010

Business and Financial news
Cisco Reports Higher Profit But Sees Some Weaknesses

Despite the company’s strong performance, shares fell close to 10 percent in after-hours trading after the earnings release. Read more..

By VERNE G. KOPYTOFF - The New York Times

Committee May Dilute New Banking Rules

The Group of 20 may constrain plans to impose higher standards on the world's largest banks, possibly weakening measures to prevent problems at one institution from spreading across borders. Read more..

By JACK EWING - International Herald Tribune

Ex-KB Home Chief Receives Probation

Bruce Karatz was sentenced to five years’ probation and eight months of home detention and was fined $1 million for his conviction in a stock-option backdating case. Read more..

By BLOOMBERG NEWS - The New York Times

For Autistic Children, Therapy on Four Legs

Staff members at the Anderson Center for Autism find that some of their most patient and effective therapists have four paws and a wagging tail. Read more..

By KAREN JONES - The New York Times

For German Economy, Praise and Caution

A panel of experts warned of continued risks to the economy and implored politicians not to undo laws that have bolstered Germany’s recovery. Read more..

By JACK EWING - International Herald Tribune

Giving a Gift and Getting a Return

Gift annuities offer returns of 5 percent or more, but the rates may not seem so attractive if inflation rises in the future. Read more..

By JAN M. ROSEN - The New York Times

Morning Take-Out

Merrill’s “Voldemort book” | Our finances, ourselves | Corrupt countries. Read more..

By DEALBOOK - The New York Times

Nike Harnesses ‘Girl Effect’ Again

A global brand in athletic gear promotes a program to better the educations of young girls in developing nations. Read more..

By STUART ELLIOTT - The New York Times

Putting Star Power Behind Good Works

Sean Penn and Brad Pitt are among celebrity driving forces behind charity organizations. Read more..

By STEPHANIE STROM - The New York Times

The Risk-Taking Edge of West Coast Women

A transplant to Silicon Valley finds that many businesswomen there are more willing to take risks and invest in start-ups than their more corporate-oriented East Coast counterparts. Read more..

By PAMELA RYCKMAN - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Cisco SystemsCSCO20.3520.9620.2520.52553M
General ElectricGE16.4416.5216.2216.3546.6M
Walt Disney & Co.DIS36.8837.3935.1535.9337.8M
Oracle Corp.ORCL28.2028.5827.6828.5737.2M
JPMorgan ChaseJPM40.2740.4439.8540.0225.5M
HP Inc.HPQ43.7943.9742.7343.1024.4M
Wells Fargo & Co.WFC28.3628.5727.9828.1923.3M
AT&T Inc.T28.9529.1128.7528.8321.4M
Abbott LaboratoriesABT49.7850.1549.6949.7818.1M
Verizon CommunicationsVZ32.7332.8932.4632.6312.8M
Wal-Mart StoresWMT54.5254.5253.9654.3412.6M
Home DepotHD31.3731.9331.3331.709.23M
Johnson & JohnsonJNJ63.7063.9563.5863.929.11M
Gilead SciencesGILD38.5439.0138.3738.987.77M
Procter & GamblePG64.3264.5864.0664.367M
Bristol-Myers SquibbBMY26.2326.3126.1426.276.12M
UnitedHealth GroupUNH36.9737.5036.7437.475.4M
International Business MachinesIBM144.70145.50143.35145.434.75M
United TechnologiesUTX75.8775.9575.0475.393.51M
Berkshire HathawayBRK.B81.3081.6080.9081.132.96M
Union PacificUNP90.8291.7490.4690.942.6M
Exchange Rates of November 11th, 2010
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 82.470 JPY1 JPY = 0.012 USD
US DollarCanadian Dollar1 USD = 1.003 CAD1 CAD = 0.997 USD
US DollarSwiss Franc1 USD = 0.975 CHF1 CHF = 1.026 USD
US DollarChinese Yuan1 USD = 6.624 CNY1 CNY = 0.151 USD
EuroJapanese Yen1 EUR = 112.700 JPY1 JPY = 0.009 EUR
EuroPound Sterling1 EUR = 0.848 GBP1 GBP = 1.180 EUR
EuroAustralian Dollar1 EUR = 1.369 AUD1 AUD = 0.730 EUR
EuroCanadian Dollar1 EUR = 1.371 CAD1 CAD = 0.729 EUR
EuroSwiss Franc1 EUR = 1.333 CHF1 CHF = 0.750 EUR
EuroChinese Yuan1 EUR = 9.056 CNY1 CNY = 0.110 EUR
Japanese YenPound Sterling1 JPY = 0.752 GBP1 GBP = 1.330 JPY
Japanese YenAustralian Dollar1 JPY = 1.214 AUD1 AUD = 0.824 JPY
Japanese YenCanadian Dollar1 JPY = 1.216 CAD1 CAD = 0.823 JPY
Japanese YenSwiss Franc1 JPY = 1.182 CHF1 CHF = 0.846 JPY
Pound SterlingAustralian Dollar1 GBP = 1.616 AUD1 AUD = 0.619 GBP
Pound SterlingCanadian Dollar1 GBP = 1.617 CAD1 CAD = 0.618 GBP
Pound SterlingSwiss Franc1 GBP = 1.572 CHF1 CHF = 0.636 GBP
Pound SterlingChinese Yuan1 GBP = 10.671 CNY1 CNY = 0.094 GBP
Australian DollarCanadian Dollar1 AUD = 1.001 CAD1 CAD = 0.999 AUD
Australian DollarSwiss Franc1 AUD = 0.973 CHF1 CHF = 1.028 AUD
Australian DollarChinese Yuan1 AUD = 6.619 CNY1 CNY = 0.151 AUD
Canadian DollarSwiss Franc1 CAD = 0.972 CHF1 CHF = 1.029 CAD
Canadian DollarChinese Yuan1 CAD = 6.603 CNY1 CNY = 0.151 CAD
Swiss FrancChinese Yuan1 CHF = 6.797 CNY1 CNY = 0.147 CHF

See what else happened on November 11th, 2010