Financial news on November 13, 2009

Business and Financial news
After Bankruptcy, G.M. Struggles to Shed a Legendary Bureaucracy

G.M. will present its first postbankruptcy scorecard on Monday, when it reports third-quarter earnings and its cash reserves. Read more..

By BILL VLASIC - The New York Times

After Dobbs, CNN Makes a Bet on King

The network said that by choosing John King to fill its 7 p.m. slot, it was “doubling down” with its hard news strategy. Read more..


Birmingham Looks to Recapture Its Glorious Past

Birmingham, Britain's second city, is working on a rejuvenation plan that will add 50,000 homes over the next 20 years and open up the city center. Read more..

By RICHARD HOLLEDGE - International Herald Tribune

CNN Cuts Back on a Web Video Project

In pulling back from its experimental service, Live, the channel laid off its four Web anchors. Read more..

By BRIAN STELTER - The New York Times

Disney Posts Strong Profit Despite Weakness in Films

Disney reported an 18 percent increase in the fourth quarter, but the company is racing to overhaul a troubled movie studio. Read more..

By BROOKS BARNES - The New York Times

For Comcast’s Chief, Content Led the Way

At a dinner 12 years ago in Redmond, Wash., Brian L. Roberts challenged the richest man in the world to invest in his business — cable TV. Read more..

By TIM ARANGO and BRIAN STELTER - The New York Times

G.E. to Sell Security Unit

The deal, valued at $1.82 billion, will help General Electric to part with what it considers noncore businesses. Read more..

By MICHAEL J. de la MERCED - The New York Times

New York Times News Service to Cut Jobs and Relocate

The news service will be edited at a newspaper owned by The New York Times Company, which will also stop contributing to nonunion workers’ pensions. Read more..

By RICHARD PÉREZ-PEÑA - The New York Times

Rebuilding Its Economy, Iraq Shuns U.S. Businesses

Baghdad’s first trade fair since the invasion six years ago attracted 396 companies, but only a few from the United States. Read more..

By ROD NORDLAND - The New York Times

Selling a Household Cleaning Product on Its ... Sex Appeal?

The makers of Pine-Sol are taking a page from perfume marketing to sell the fantasy of clean floors, mopped by a man. Read more..

By ANDREW ADAM NEWMAN - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE15.7615.8015.5615.6665.4M
JPMorgan ChaseJPM43.1643.2942.3642.9036.7M
Wells Fargo & Co.WFC28.0728.1527.3727.6836.6M
Cisco SystemsCSCO23.5123.8023.4523.7135.8M
Walt Disney & Co.DIS29.7530.5329.7130.4429.1M
Oracle Corp.ORCL22.0522.3621.9522.3424.7M
AT&T Inc.T26.3026.5026.1126.2519.8M
Wal-Mart StoresWMT53.2853.5553.0653.2017.6M
Home DepotHD27.2627.5526.8827.3414.2M
HP Inc.HPQ49.7149.9549.4049.9113.9M
Verizon CommunicationsVZ30.2330.3730.0030.1312.6M
Abbott LaboratoriesABT53.4053.5052.7852.9512.4M
Procter & GamblePG61.3061.8561.0461.6111.8M
Johnson & JohnsonJNJ61.0961.5861.0461.439.95M
Bristol-Myers SquibbBMY23.1223.4723.0923.189.67M
UnitedHealth GroupUNH28.8829.3528.8529.086.27M
Gilead SciencesGILD46.7847.2746.6747.055.19M
International Business MachinesIBM126.41127.80126.27127.034.98M
United TechnologiesUTX66.8668.2566.6667.994.95M
Union PacificUNP62.4563.6362.4563.552.94M
Berkshire HathawayBRK.B3412.003430.003397.003411.0034.9K
Exchange Rates of November 13, 2009
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 89.660 JPY1 JPY = 0.011 USD
US DollarCanadian Dollar1 USD = 1.052 CAD1 CAD = 0.950 USD
US DollarSwiss Franc1 USD = 1.012 CHF1 CHF = 0.988 USD
US DollarChinese Yuan1 USD = 6.827 CNY1 CNY = 0.146 USD
EuroJapanese Yen1 EUR = 133.640 JPY1 JPY = 0.007 EUR
EuroPound Sterling1 EUR = 0.894 GBP1 GBP = 1.119 EUR
EuroAustralian Dollar1 EUR = 1.597 AUD1 AUD = 0.626 EUR
EuroCanadian Dollar1 EUR = 1.568 CAD1 CAD = 0.638 EUR
EuroSwiss Franc1 EUR = 1.509 CHF1 CHF = 0.663 EUR
EuroChinese Yuan1 EUR = 10.180 CNY1 CNY = 0.098 EUR
Japanese YenPound Sterling1 JPY = 0.668 GBP1 GBP = 1.497 JPY
Japanese YenAustralian Dollar1 JPY = 1.195 AUD1 AUD = 0.837 JPY
Japanese YenCanadian Dollar1 JPY = 1.173 CAD1 CAD = 0.853 JPY
Japanese YenSwiss Franc1 JPY = 1.129 CHF1 CHF = 0.886 JPY
Pound SterlingAustralian Dollar1 GBP = 1.788 AUD1 AUD = 0.559 GBP
Pound SterlingCanadian Dollar1 GBP = 1.755 CAD1 CAD = 0.570 GBP
Pound SterlingSwiss Franc1 GBP = 1.689 CHF1 CHF = 0.592 GBP
Australian DollarCanadian Dollar1 AUD = 0.981 CAD1 CAD = 1.019 AUD
Australian DollarSwiss Franc1 AUD = 0.944 CHF1 CHF = 1.059 AUD
Australian DollarChinese Yuan1 AUD = 6.370 CNY1 CNY = 0.157 AUD
Canadian DollarSwiss Franc1 CAD = 0.962 CHF1 CHF = 1.040 CAD
Canadian DollarChinese Yuan1 CAD = 6.491 CNY1 CNY = 0.154 CAD
Swiss FrancChinese Yuan1 CHF = 6.746 CNY1 CNY = 0.148 CHF

See what else happened on November 13, 2009