Financial news on October 11, 2010

Business and Financial news
British Hedge Fund Boss Thinks Lloyds Is Better Bet

Crispin Odey, one of London’s most vocal hedge fund managers, is no longer enamored of Barclays and is now placing his bets on Lloyds Banking Group. Read more..

By DEALBOOK - The New York Times

Economists Share Nobel for Studying Job Market

Peter Diamond, Dale Mortensen and Christopher Pissarides won for work that helps explain mismatches in the employment market. Read more..

By CATHERINE RAMPELL - The New York Times

Ex-TV Cop’s New Role: Confidential Informant

The actor Larry Wilcox, who was accused last week of securities fraud for his role in a penny-stock scheme, agreed in July to go undercover to help federal prosecutors, according to a court filing. Read more..

By THOMAS KAPLAN - The New York Times

Finding Your Way Through the Mall or the Airport, With a Cellphone Map

Some start-up companies are charting the interiors of shopping malls, convention centers and airports to help cellphone users find their way. Read more..

By VERNE G. KOPYTOFF - The New York Times

Flash Trading: Driving the Leibowitzes Apart

The Leibowitz brothers — one a top executive at NYSE Euronext, the other Jon Stewart — have unsurprisingly divergent views on the controversial trading practice. Read more..

By DEALBOOK - The New York Times

France and Britain Closer to Hedge Fund Deal?

France is ready to drop objections to a key part of a law to tighten rules on hedge funds in exchange for concessions from London, moving to end a row that threatened to harm relations with Washington, Reuters reported. Read more..

By DEALBOOK - The New York Times

Morgenson: It’s Not Nice to Mess With J.R.

Larry Hagman, who played J. R. Ewing on “Dallas,” said he was surprised by the arbitration award he won in a dispute with Citigroup, but thought it was justified. Read more..

By DEALBOOK - The New York Times

News From the Advertising Industry

Account assignments, executive appointments and other developments at advertising agencies. Read more..

By STUART ELLIOTT - The New York Times

Short Attention Spans for Web Videos

On the Web, 19.4 percent of a video’s audience defects within the first 10 seconds. Read more..

By ALEX MINDLIN - The New York Times

What China Seeks in Chesapeake Shale Deal

China’s deal with Chesapeake Energy involves a potential transfer of technology and intellectual knowledge to Beijing that some people in Washington may find uncomfortable. Read more..

By CYRUS SANATI - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Intel INTC 19,59 19,75 19,53 19,56 52.7M
General Electric GE 17,24 17,26 16,92 16,96 52.3M
Cisco Systems CSCO 22,48 22,65 22,38 22,47 28.4M
Microsoft MSFT 24,74 24,74 24,50 24,59 27.6M
Wells Fargo & Co. WFC 25,96 26,10 25,46 25,65 24.6M
JPMorgan Chase JPM 39,52 39,91 39,40 39,73 24.6M
Oracle Corp. ORCL 27,90 28,10 27,73 27,85 22.6M
Pfizer PFE 17,46 17,50 17,29 17,38 22.3M
Apple AAPL 294,74 297,24 294,60 295,36 15.3M
Comcast CMCSA 17,92 18,05 17,81 18,02 15.2M
AT&T Inc. T 28,19 28,45 28,19 28,32 14.4M
ExxonMobil XOM 64,36 64,81 64,31 64,55 13.8M
HP Inc. HPQ 41,25 41,39 40,82 41,20 12.9M
Verizon Communications VZ 32,90 33,20 32,84 33,03 11.1M
Abbott Laboratories ABT 52,90 52,92 52,58 52,81 10.3M
Altria MO 24,49 24,52 24,27 24,35 9.46M
Home Depot HD 31,89 31,89 31,63 31,79 8.36M
ConocoPhillips COP 59,69 59,99 59,52 59,79 7.79M
Procter & Gamble PG 61,92 62,21 61,86 62,14 7.43M
Wal-Mart Stores WMT 54,52 54,74 54,43 54,61 7.04M
UnitedHealth Group UNH 34,09 34,90 34,07 34,65 6.75M
Coca-Cola KO 59,56 59,62 59,33 59,56 6.5M
Johnson & Johnson JNJ 63,26 63,31 63,04 63,30 6.17M
Bristol-Myers Squibb BMY 27,14 27,56 27,14 27,36 5.8M
Schlumberger SLB 63,39 64,09 62,87 63,50 5.62M
Merck MRK 36,86 37,00 36,67 36,86 5.58M
Gilead Sciences GILD 36,29 36,43 36,08 36,21 5.52M
Walt Disney & Co. DIS 34,52 34,74 34,43 34,57 5.35M
Pepsico PEP 65,74 65,76 65,30 65,52 5.28M
Alphabet GOOGL 538,48 544,60 537,17 538,84 5.25M
Chevron CVX 83,85 84,00 83,35 83,71 4.79M
Amazon AMZN 154,89 156,63 152,34 153,03 4.49M
Amgen AMGN 56,28 56,35 55,86 56,10 4.35M
International Business Machines IBM 138,79 139,94 138,64 139,66 4M
McDonald's MCD 76,01 76,25 75,27 75,59 3.65M
Boeing BA 69,51 70,25 69,23 69,99 3.47M
3M MMM 89,48 89,50 87,97 88,25 2.61M
Visa V 73,85 74,79 73,83 74,29 2.6M
United Technologies UTX 73,11 73,11 72,61 72,93 2.45M
Berkshire Hathaway BRK.B 83,05 83,30 82,58 82,95 1.96M
Union Pacific UNP 85,23 85,75 84,60 85,06 1.62M
Exchange Rates of October 11, 2010
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 82,070 JPY 1 JPY = 0,012 USD
US Dollar Canadian Dollar 1 USD = 1,014 CAD 1 CAD = 0,987 USD
US Dollar Swiss Franc 1 USD = 0,964 CHF 1 CHF = 1,037 USD
US Dollar Chinese Yuan 1 USD = 6,669 CNY 1 CNY = 0,150 USD
Euro Japanese Yen 1 EUR = 113,920 JPY 1 JPY = 0,009 EUR
Euro Pound Sterling 1 EUR = 0,874 GBP 1 GBP = 1,145 EUR
Euro Australian Dollar 1 EUR = 1,411 AUD 1 AUD = 0,709 EUR
Euro Canadian Dollar 1 EUR = 1,406 CAD 1 CAD = 0,711 EUR
Euro Swiss Franc 1 EUR = 1,339 CHF 1 CHF = 0,747 EUR
Euro Chinese Yuan 1 EUR = 9,253 CNY 1 CNY = 0,108 EUR
Japanese Yen Pound Sterling 1 JPY = 0,767 GBP 1 GBP = 1,304 JPY
Japanese Yen Australian Dollar 1 JPY = 1,238 AUD 1 AUD = 0,808 JPY
Japanese Yen Canadian Dollar 1 JPY = 1,235 CAD 1 CAD = 0,810 JPY
Japanese Yen Swiss Franc 1 JPY = 1,175 CHF 1 CHF = 0,851 JPY
Pound Sterling Australian Dollar 1 GBP = 1,615 AUD 1 AUD = 0,619 GBP
Pound Sterling Canadian Dollar 1 GBP = 1,610 CAD 1 CAD = 0,621 GBP
Pound Sterling Swiss Franc 1 GBP = 1,532 CHF 1 CHF = 0,653 GBP
Pound Sterling Chinese Yuan 1 GBP = 10,579 CNY 1 CNY = 0,095 GBP
Australian Dollar Canadian Dollar 1 AUD = 0,997 CAD 1 CAD = 1,003 AUD
Australian Dollar Swiss Franc 1 AUD = 0,948 CHF 1 CHF = 1,055 AUD
Australian Dollar Chinese Yuan 1 AUD = 6,556 CNY 1 CNY = 0,153 AUD
Canadian Dollar Swiss Franc 1 CAD = 0,951 CHF 1 CHF = 1,051 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6,578 CNY 1 CNY = 0,152 CAD
Swiss Franc Chinese Yuan 1 CHF = 6,911 CNY 1 CNY = 0,145 CHF

See what else happened on October 11, 2010