Financial news on November 14th, 2007

Business and Financial news
A Night With Chumby

The new Web-enabled Chumby alarm clock can put ads in the bedroom. Read more..

By JOHN MARKOFF - The New York Times

AT&T to Sell Equipment to Monitor Workplaces

AT&T plans to introduce a nationwide program Monday that gives owners of small- and medium-size businesses some of the same tools big security companies offer for monitoring employees. Read more..

By JANET MORRISSEY - The New York Times

For Olympics, China’s Marketers Are Showing Their Pride

With fears that the tumult in the American economy may lead marketers to cut budgets for next year, the Olympic campaigns could make the forecasts of growth in global ad spending in 2008 come true. Read more..

By STUART ELLIOTT - The New York Times

Google Hits European Hurdle on DoubleClick Deal

European regulators refused Tuesday to approve Google’s $3.1 billion purchase of the Internet advertising company DoubleClick. Instead they ordered a review of the deal. Read more..

By VICTORIA SHANNON - The New York Times

Hedge Fund Seeks Delta-United Deal

Pardus Capital Management has sent a letter to management of Delta Air Lines asking it to seek a stock-for-stock merger with UAL. Read more..

By JEFF BAILEY - The New York Times

HSBC Takes $3.4 Billion Charge

Losses in the housing market are spreading, but revenue growth elsewhere should offset the losses, the bank said. Read more..

By JULIA WERDIGIER - The New York Times

Investor Safe Haven Becomes a Concern

In another sign of turmoil in the credit markets, large financial firms are being forced to protect money market funds from losses brought on by investments that no longer seem safe. Read more..

By ERIC DASH - The New York Times

Near Seattle, Tribal Casinos Lead to Even Bigger Bets

A group of several American Indian tribes who live about 35 miles north of Seattle are helping to transform a rural area into one of Washington state’s fastest-growing suburbs. Read more..

By LINDA BAKER - The New York Times

Producer Prices Steady in October

Prices were restrained at the producer level last month while consumer spending cooled amid speculation that economic growth is slowing, the government reported. Read more..

By MICHAEL M. GRYNBAUM - The New York Times

Unfazed by Market Ills, Hedge Fund Has Debut

The first pure hedge fund to offer shares on an American public market, Och-Ziff - priced at $32 per share - is expected to start trading Wednesday. Read more..

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

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Cisco SystemsCSCO30.4230.4429.5529.7161.1M
Oracle Corp.ORCL20.8320.9319.9920.1847.2M
General ElectricGE39.9039.9538.8239.0139.7M
Wal-Mart StoresWMT46.2447.0846.1246.5129.1M
JPMorgan ChaseJPM45.9046.0244.4445.1525.4M
AT&T Inc.T40.0540.1039.2139.3420.4M
Wells Fargo & Co.WFC34.1634.2933.1133.2518.7M
Home DepotHD29.2929.7328.8629.0318.4M
Walt Disney & Co.DIS33.1433.1431.7531.8615.3M
HP Inc.HPQ50.2150.2148.8749.0713.2M
Verizon CommunicationsVZ43.7644.1343.3543.5212.3M
Johnson & JohnsonJNJ67.2067.3066.7566.8912.1M
Abbott LaboratoriesABT55.4755.4754.2254.3111.9M
Procter & GamblePG71.9872.2571.2071.5411.9M
Bristol-Myers SquibbBMY28.0728.4427.9628.119.32M
International Business MachinesIBM106.12106.42102.84103.448.45M
Gilead SciencesGILD43.4744.6143.2843.918.02M
UnitedHealth GroupUNH53.5253.6752.6653.047.85M
United TechnologiesUTX75.6975.8374.7274.923.66M
Union PacificUNP126.49127.39123.86124.372.22M
Berkshire HathawayBRK.B4533.004589.004510.004570.0040K
Exchange Rates of November 14th, 2007
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 111.330 JPY1 JPY = 0.009 USD
US DollarCanadian Dollar1 USD = 0.967 CAD1 CAD = 1.034 USD
US DollarSwiss Franc1 USD = 1.124 CHF1 CHF = 0.890 USD
US DollarChinese Yuan1 USD = 7.427 CNY1 CNY = 0.135 USD
EuroJapanese Yen1 EUR = 163.130 JPY1 JPY = 0.006 EUR
EuroPound Sterling1 EUR = 0.714 GBP1 GBP = 1.401 EUR
EuroAustralian Dollar1 EUR = 1.636 AUD1 AUD = 0.611 EUR
EuroCanadian Dollar1 EUR = 1.417 CAD1 CAD = 0.706 EUR
EuroSwiss Franc1 EUR = 1.647 CHF1 CHF = 0.607 EUR
Japanese YenPound Sterling1 JPY = 0.437 GBP1 GBP = 2.287 JPY
Japanese YenAustralian Dollar1 JPY = 1.002 AUD1 AUD = 0.998 JPY
Japanese YenCanadian Dollar1 JPY = 0.868 CAD1 CAD = 1.152 JPY
Japanese YenSwiss Franc1 JPY = 1.009 CHF1 CHF = 0.991 JPY
Pound SterlingAustralian Dollar1 GBP = 2.292 AUD1 AUD = 0.436 GBP
Pound SterlingCanadian Dollar1 GBP = 1.985 CAD1 CAD = 0.504 GBP
Pound SterlingSwiss Franc1 GBP = 2.306 CHF1 CHF = 0.434 GBP
Australian DollarCanadian Dollar1 AUD = 0.866 CAD1 CAD = 1.155 AUD
Australian DollarSwiss Franc1 AUD = 1.006 CHF1 CHF = 0.994 AUD
Canadian DollarSwiss Franc1 CAD = 1.162 CHF1 CHF = 0.861 CAD

See what else happened on November 14th, 2007