Financial news on November 12, 2010

Business and Financial news
Britain to Tape Traders’ Cell Phones to Fight Fraud

New rules would oblige financial services firms to record relevant employee communications made on their work cell phones. Read more..

By JULIA WERDIGIER - The New York Times

China’s Inflation Rose to 4.4% in October

Beijing has been taking steps to temper the nation’s growth and after a steep rise in inflation, will most likely do more. Read more..

By BETTINA WASSENER - The New York Times

Disney Ends Strong Year With Quarter That’s Soft

Profit for the quarter fell 7 percent, to $835 million, though earnings soared 20 percent for the financial year. Read more..

By BROOKS BARNES - The New York Times

Greek Jobless Rate Hit Record High in August

Weak economic growth in Greece and Spain made it difficult for both countries to reduce unemployment and restore public finances. Read more..

By DAVID JOLLY - The New York Times

Japan’s Farmers Oppose Pacific Free-Trade Talks

The idea of a vast free-trade zone of Pacific countries pits Japan’s farmers, who benefit from tariffs, against the country’s exporters. Read more..

By HIROKO TABUCHI - The New York Times

Morning Take-Out

Banking, a public utility? | More clues on Goldman’s Harbinger exit | What New Yorkers complain about Read more..

By DEALBOOK - The New York Times

New Inspections Ordered for Rolls-Royce Plane Engines

Europe’s air safety regulator has ordered a new round of inspections on all A380 jetliners using Rolls-Royce engines. Read more..

By KEVIN DREW and NICOLA CLARK - The New York Times

No Changes Now in Rules for Web Access in Europe

New rules are not needed to keep the Continent’s telecommunications companies from selectively managing Internet access, Europe decides. Read more..

By KEVIN J. O'BRIEN - The New York Times

Selling Ford Around the World, From Detroit

Toby Barlow, executive vice president and chief creative officer at Team Detroit, is assuming the new responsibilities of chief creative officer at Global Team Ford. Read more..

By STUART ELLIOTT - The New York Times

Shooting to Top the Charts Again

The investor J. Christopher Flowers made billions by investing in Shinsei Bank of Japan, but it remains to be seen if he has made new deals to match that. Read more..

By JEFFREY GOLDFARB and MARTIN HUTCHINSON - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Cisco Systems CSCO 20.62 20.67 20.03 20.15 235M
Intel INTC 21.44 21.81 21.33 21.53 101M
Microsoft MSFT 26.47 26.52 26.10 26.27 65M
General Electric GE 16.25 16.39 16.11 16.25 48.3M
Pfizer PFE 16.84 16.97 16.76 16.85 40.8M
Walt Disney & Co. DIS 36.76 38.00 36.60 37.75 39.2M
JPMorgan Chase JPM 39.86 40.26 39.38 39.61 33.5M
Apple AAPL 316.00 316.50 303.63 308.03 28.4M
Abbott Laboratories ABT 49.56 49.60 48.48 48.58 27.3M
Wells Fargo & Co. WFC 28.01 28.04 27.40 27.54 27M
AT&T Inc. T 28.73 28.76 28.19 28.46 26.4M
Oracle Corp. ORCL 28.50 28.61 28.09 28.32 25.8M
ExxonMobil XOM 71.38 71.40 70.43 70.99 24.6M
Merck MRK 35.04 35.06 34.39 34.71 23.8M
HP Inc. HPQ 42.72 42.98 42.02 42.21 18.2M
Altria MO 25.04 25.05 24.54 24.85 18.2M
Boeing BA 65.01 65.25 63.01 63.09 16.7M
Comcast CMCSA 20.46 20.73 20.36 20.43 16.1M
Johnson & Johnson JNJ 63.69 64.09 63.51 63.67 12.9M
Gilead Sciences GILD 38.50 38.70 37.64 37.80 12.1M
Verizon Communications VZ 32.33 32.63 32.25 32.56 12M
Schlumberger SLB 73.59 74.90 73.24 74.11 11.1M
Bristol-Myers Squibb BMY 26.20 26.35 26.00 26.02 10.7M
Wal-Mart Stores WMT 54.10 54.34 53.86 54.13 10.7M
Home Depot HD 31.47 31.76 31.35 31.44 10.6M
Chevron CVX 85.46 85.61 84.56 85.44 10.6M
Coca-Cola KO 62.72 62.96 62.39 62.92 10M
Procter & Gamble PG 64.26 64.52 64.02 64.33 9.28M
UnitedHealth Group UNH 37.21 37.33 36.23 36.67 7.37M
Amazon AMZN 170.12 171.26 165.05 165.68 7.16M
Alphabet GOOGL 613.99 616.90 601.21 603.29 6.78M
Amgen AMGN 54.28 54.70 54.23 54.47 5.02M
McDonald's MCD 79.30 79.45 78.14 78.85 4.95M
Pepsico PEP 64.63 64.90 64.37 64.64 4.91M
United Technologies UTX 74.94 75.22 74.42 74.88 4.77M
International Business Machines IBM 144.59 145.77 143.55 143.74 4.73M
3M MMM 86.02 87.17 85.63 86.24 4.12M
Berkshire Hathaway BRK.B 80.95 80.96 80.16 80.25 3.35M
Visa V 78.57 78.81 76.91 76.94 3.33M
Union Pacific UNP 90.28 91.34 89.60 90.29 2.61M
ConocoPhillips COP 62.18 62.62 61.76 62.42 1.97M
Exchange Rates of November 12, 2010
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 82.520 JPY 1 JPY = 0.012 USD
US Dollar Canadian Dollar 1 USD = 1.011 CAD 1 CAD = 0.989 USD
US Dollar Swiss Franc 1 USD = 0.981 CHF 1 CHF = 1.020 USD
US Dollar Chinese Yuan 1 USD = 6.637 CNY 1 CNY = 0.151 USD
Euro Japanese Yen 1 EUR = 112.950 JPY 1 JPY = 0.009 EUR
Euro Pound Sterling 1 EUR = 0.849 GBP 1 GBP = 1.177 EUR
Euro Australian Dollar 1 EUR = 1.389 AUD 1 AUD = 0.720 EUR
Euro Canadian Dollar 1 EUR = 1.385 CAD 1 CAD = 0.722 EUR
Euro Swiss Franc 1 EUR = 1.343 CHF 1 CHF = 0.745 EUR
Euro Chinese Yuan 1 EUR = 9.093 CNY 1 CNY = 0.110 EUR
Japanese Yen Pound Sterling 1 JPY = 0.752 GBP 1 GBP = 1.331 JPY
Japanese Yen Australian Dollar 1 JPY = 1.229 AUD 1 AUD = 0.814 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.226 CAD 1 CAD = 0.816 JPY
Japanese Yen Swiss Franc 1 JPY = 1.188 CHF 1 CHF = 0.842 JPY
Pound Sterling Australian Dollar 1 GBP = 1.636 AUD 1 AUD = 0.611 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.631 CAD 1 CAD = 0.613 GBP
Pound Sterling Swiss Franc 1 GBP = 1.580 CHF 1 CHF = 0.633 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.698 CNY 1 CNY = 0.093 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.996 CAD 1 CAD = 1.004 AUD
Australian Dollar Swiss Franc 1 AUD = 0.966 CHF 1 CHF = 1.036 AUD
Australian Dollar Chinese Yuan 1 AUD = 6.544 CNY 1 CNY = 0.153 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.969 CHF 1 CHF = 1.032 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.569 CNY 1 CNY = 0.152 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.772 CNY 1 CNY = 0.148 CHF

See what else happened on November 12, 2010