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

StockTicker symbolOpenHighLowCloseVolume
Cisco SystemsCSCO20,6220,6720,0320,15235M
IntelINTC21,4421,8121,3321,53101M
MicrosoftMSFT26,4726,5226,1026,2765M
General ElectricGE16,2516,3916,1116,2548.3M
PfizerPFE16,8416,9716,7616,8540.8M
Walt Disney & Co.DIS36,7638,0036,6037,7539.2M
JPMorgan ChaseJPM39,8640,2639,3839,6133.5M
AppleAAPL316,00316,50303,63308,0328.4M
Abbott LaboratoriesABT49,5649,6048,4848,5827.3M
Wells Fargo & Co.WFC28,0128,0427,4027,5427M
AT&T Inc.T28,7328,7628,1928,4626.4M
Oracle Corp.ORCL28,5028,6128,0928,3225.8M
ExxonMobilXOM71,3871,4070,4370,9924.6M
MerckMRK35,0435,0634,3934,7123.8M
HP Inc.HPQ42,7242,9842,0242,2118.2M
AltriaMO25,0425,0524,5424,8518.2M
BoeingBA65,0165,2563,0163,0916.7M
ComcastCMCSA20,4620,7320,3620,4316.1M
Johnson & JohnsonJNJ63,6964,0963,5163,6712.9M
Gilead SciencesGILD38,5038,7037,6437,8012.1M
Verizon CommunicationsVZ32,3332,6332,2532,5612M
SchlumbergerSLB73,5974,9073,2474,1111.1M
Bristol-Myers SquibbBMY26,2026,3526,0026,0210.7M
Wal-Mart StoresWMT54,1054,3453,8654,1310.7M
Home DepotHD31,4731,7631,3531,4410.6M
ChevronCVX85,4685,6184,5685,4410.6M
Coca-ColaKO62,7262,9662,3962,9210M
Procter & GamblePG64,2664,5264,0264,339.28M
UnitedHealth GroupUNH37,2137,3336,2336,677.37M
AmazonAMZN170,12171,26165,05165,687.16M
AlphabetGOOGL613,99616,90601,21603,296.78M
AmgenAMGN54,2854,7054,2354,475.02M
McDonald'sMCD79,3079,4578,1478,854.95M
PepsicoPEP64,6364,9064,3764,644.91M
United TechnologiesUTX74,9475,2274,4274,884.77M
International Business MachinesIBM144,59145,77143,55143,744.73M
3MMMM86,0287,1785,6386,244.12M
Berkshire HathawayBRK.B80,9580,9680,1680,253.35M
VisaV78,5778,8176,9176,943.33M
Union PacificUNP90,2891,3489,6090,292.61M
ConocoPhillipsCOP62,1862,6261,7662,421.97M
Exchange Rates of November 12, 2010
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 82,520 JPY1 JPY = 0,012 USD
US DollarCanadian Dollar1 USD = 1,011 CAD1 CAD = 0,989 USD
US DollarSwiss Franc1 USD = 0,981 CHF1 CHF = 1,020 USD
US DollarChinese Yuan1 USD = 6,637 CNY1 CNY = 0,151 USD
EuroJapanese Yen1 EUR = 112,950 JPY1 JPY = 0,009 EUR
EuroPound Sterling1 EUR = 0,849 GBP1 GBP = 1,177 EUR
EuroAustralian Dollar1 EUR = 1,389 AUD1 AUD = 0,720 EUR
EuroCanadian Dollar1 EUR = 1,385 CAD1 CAD = 0,722 EUR
EuroSwiss Franc1 EUR = 1,343 CHF1 CHF = 0,745 EUR
EuroChinese Yuan1 EUR = 9,093 CNY1 CNY = 0,110 EUR
Japanese YenPound Sterling1 JPY = 0,752 GBP1 GBP = 1,331 JPY
Japanese YenAustralian Dollar1 JPY = 1,229 AUD1 AUD = 0,814 JPY
Japanese YenCanadian Dollar1 JPY = 1,226 CAD1 CAD = 0,816 JPY
Japanese YenSwiss Franc1 JPY = 1,188 CHF1 CHF = 0,842 JPY
Pound SterlingAustralian Dollar1 GBP = 1,636 AUD1 AUD = 0,611 GBP
Pound SterlingCanadian Dollar1 GBP = 1,631 CAD1 CAD = 0,613 GBP
Pound SterlingSwiss Franc1 GBP = 1,580 CHF1 CHF = 0,633 GBP
Pound SterlingChinese Yuan1 GBP = 10,698 CNY1 CNY = 0,093 GBP
Australian DollarCanadian Dollar1 AUD = 0,996 CAD1 CAD = 1,004 AUD
Australian DollarSwiss Franc1 AUD = 0,966 CHF1 CHF = 1,036 AUD
Australian DollarChinese Yuan1 AUD = 6,544 CNY1 CNY = 0,153 AUD
Canadian DollarSwiss Franc1 CAD = 0,969 CHF1 CHF = 1,032 CAD
Canadian DollarChinese Yuan1 CAD = 6,569 CNY1 CNY = 0,152 CAD
Swiss FrancChinese Yuan1 CHF = 6,772 CNY1 CNY = 0,148 CHF

See what else happened on November 12, 2010