Financial news on November 13th, 2008
Business and Financial news
The European Union fined four car glass producers more than $1.66 billion, the largest sum it has ever levied for a cartel. Read more..
The money managers have been called by a House panel to discuss some of their trade secrets at a hearing on Thursday. Read more..
What looks like a standard laptop with a 14.1-inch screen and DVD drive is actually a beast able to withstand drops from about five feet. Read more..
The junk filter in Outlook 2003 used to be great at catching spam, but it has gotten worse lately. Is there anything I can do? Read more..
Life insurance companies, hobbled by real estate investments and committed to paying some costly retirement contracts, face more cuts in their credit ratings before the year is up. Read more..
Shares fell more than 4 percent as investors wondered about the depth and length of the recession. Read more..
Germany’s most powerful union, IG Metall, reached a modest wage deal with employers in the flagship engineering sector. Read more..
Stock Markets
Values are reported in US Dollars
| Stock | Ticker symbol | Open | High | Low | Close | Volume |
| General Electric | GE | 16.41 | 16.93 | 14.58 | 16.86 | 301M |
| Microsoft | MSFT | 20.15 | 21.25 | 18.74 | 21.25 | 148M |
| Intel | INTC | 13.04 | 14.44 | 12.87 | 14.43 | 143M |
| Cisco Systems | CSCO | 16.37 | 17.30 | 15.60 | 17.26 | 90.3M |
| Wells Fargo & Co. | WFC | 27.51 | 29.34 | 25.75 | 29.09 | 86M |
| JPMorgan Chase | JPM | 34.65 | 37.50 | 33.50 | 37.19 | 74.5M |
| ExxonMobil | XOM | 69.54 | 76.50 | 67.54 | 75.41 | 72.7M |
| Apple | AAPL | 89.87 | 96.44 | 86.02 | 96.44 | 66.2M |
| Pfizer | PFE | 15.88 | 16.75 | 15.30 | 16.73 | 62.6M |
| Oracle Corp. | ORCL | 16.33 | 17.75 | 15.63 | 17.72 | 62.1M |
| AT&T Inc. | T | 26.12 | 28.74 | 25.75 | 28.67 | 45.7M |
| Procter & Gamble | PG | 61.71 | 66.82 | 60.87 | 65.05 | 44.9M |
| HP Inc. | HPQ | 30.65 | 31.86 | 28.23 | 31.71 | 38.2M |
| Wal-Mart Stores | WMT | 52.97 | 54.95 | 51.06 | 54.93 | 37.7M |
| Altria | MO | 16.73 | 16.98 | 15.90 | 16.68 | 35.6M |
| Comcast | CMCSA | 14.87 | 16.36 | 14.32 | 16.26 | 33.4M |
| Chevron | CVX | 67.66 | 76.11 | 65.88 | 75.71 | 28.5M |
| Bristol-Myers Squibb | BMY | 19.30 | 20.11 | 19.19 | 19.99 | 28.2M |
| Home Depot | HD | 19.89 | 22.37 | 19.15 | 22.23 | 28.1M |
| ConocoPhillips | COP | 45.01 | 49.55 | 42.15 | 49.18 | 27.9M |
| Johnson & Johnson | JNJ | 58.40 | 63.01 | 57.32 | 62.90 | 27.3M |
| Verizon Communications | VZ | 29.03 | 31.24 | 28.30 | 31.14 | 27.3M |
| Alphabet | GOOGL | 291.77 | 313.00 | 280.00 | 312.08 | 26.4M |
| Walt Disney & Co. | DIS | 20.30 | 21.75 | 19.58 | 21.65 | 24.1M |
| Abbott Laboratories | ABT | 54.67 | 57.31 | 53.57 | 57.14 | 23.4M |
| Merck | MRK | 27.39 | 28.73 | 26.08 | 28.53 | 20M |
| Schlumberger | SLB | 45.24 | 51.96 | 44.00 | 51.70 | 19.6M |
| Coca-Cola | KO | 43.85 | 46.37 | 43.32 | 46.28 | 18.8M |
| Amazon | AMZN | 41.40 | 45.00 | 38.48 | 44.93 | 16.9M |
| McDonald's | MCD | 54.15 | 56.30 | 52.00 | 56.25 | 15.7M |
| International Business Machines | IBM | 79.62 | 84.39 | 75.40 | 84.21 | 15.1M |
| Gilead Sciences | GILD | 44.23 | 47.45 | 43.80 | 47.30 | 15M |
| Boeing | BA | 42.03 | 43.32 | 39.07 | 43.16 | 14M |
| UnitedHealth Group | UNH | 18.98 | 20.87 | 17.86 | 20.84 | 13.8M |
| Amgen | AMGN | 55.44 | 59.62 | 55.31 | 59.60 | 13.6M |
| Union Pacific | UNP | 60.44 | 62.18 | 54.16 | 61.61 | 13M |
| United Technologies | UTX | 49.80 | 52.45 | 46.57 | 52.28 | 11.8M |
| 3M | MMM | 59.23 | 64.87 | 57.91 | 64.43 | 11.1M |
| Pepsico | PEP | 53.28 | 55.69 | 52.01 | 55.59 | 11M |
| Visa | V | 51.88 | 54.58 | 49.89 | 54.44 | 9.68M |
| Berkshire Hathaway | BRK.B | 3301.00 | 3425.00 | 3111.00 | 3425.00 | 86.1K |
Exchange Rates of November 13th, 2008
| Currencies | Exchange Rates | ||
| US Dollar | Japanese Yen | 1 USD = 97.670 JPY | 1 JPY = 0.010 USD |
| US Dollar | Canadian Dollar | 1 USD = 1.210 CAD | 1 CAD = 0.826 USD |
| US Dollar | Swiss Franc | 1 USD = 1.186 CHF | 1 CHF = 0.843 USD |
| US Dollar | Chinese Yuan | 1 USD = 6.829 CNY | 1 CNY = 0.146 USD |
| Euro | Japanese Yen | 1 EUR = 124.810 JPY | 1 JPY = 0.008 EUR |
| Euro | Pound Sterling | 1 EUR = 0.861 GBP | 1 GBP = 1.162 EUR |
| Euro | Australian Dollar | 1 EUR = 1.918 AUD | 1 AUD = 0.521 EUR |
| Euro | Canadian Dollar | 1 EUR = 1.548 CAD | 1 CAD = 0.646 EUR |
| Euro | Swiss Franc | 1 EUR = 1.516 CHF | 1 CHF = 0.659 EUR |
| Euro | Chinese Yuan | 1 EUR = 8.722 CNY | 1 CNY = 0.115 EUR |
| Japanese Yen | Pound Sterling | 1 JPY = 0.689 GBP | 1 GBP = 1.451 JPY |
| Japanese Yen | Australian Dollar | 1 JPY = 1.536 AUD | 1 AUD = 0.651 JPY |
| Japanese Yen | Canadian Dollar | 1 JPY = 1.241 CAD | 1 CAD = 0.806 JPY |
| Japanese Yen | Swiss Franc | 1 JPY = 1.215 CHF | 1 CHF = 0.823 JPY |
| Pound Sterling | Australian Dollar | 1 GBP = 2.228 AUD | 1 AUD = 0.449 GBP |
| Pound Sterling | Canadian Dollar | 1 GBP = 1.796 CAD | 1 CAD = 0.557 GBP |
| Pound Sterling | Swiss Franc | 1 GBP = 1.761 CHF | 1 CHF = 0.568 GBP |
| Pound Sterling | Chinese Yuan | 1 GBP = 10.129 CNY | 1 CNY = 0.099 GBP |
| Australian Dollar | Canadian Dollar | 1 AUD = 0.806 CAD | 1 CAD = 1.240 AUD |
| Australian Dollar | Swiss Franc | 1 AUD = 0.790 CHF | 1 CHF = 1.266 AUD |
| Australian Dollar | Chinese Yuan | 1 AUD = 4.547 CNY | 1 CNY = 0.220 AUD |
| Canadian Dollar | Swiss Franc | 1 CAD = 0.978 CHF | 1 CHF = 1.022 CAD |
| Canadian Dollar | Chinese Yuan | 1 CAD = 5.627 CNY | 1 CNY = 0.178 CAD |
| Swiss Franc | Chinese Yuan | 1 CHF = 5.747 CNY | 1 CNY = 0.174 CHF |
See what else happened on November 13th, 2008