Financial news on November 15, 2006

Business and Financial news
After Setbacks, Sears Holdings Ends Bid to Privatize Its Canadian Subsidiary

Sears Holdings abandoned its attempt to take Sears Canada private after a rejection by shareholders on Tuesday and an unfavorable court ruling. Read more..

By IAN AUSTEN - The New York Times

Comair Flight Attendants Approve Pay Cut

Comair Flight Attendants Approve Pay Cut. Read more..

By BLOOMBERG NEWS - The New York Times

Ford Profits for a Few Years Are Revised Higher

DEARBORN, Mich., Nov. 14 — The Ford Motor Company fared better in the first half of this decade than its own original statements had led everyone to believe, but analysts have growing doubts about how quickly the automaker can return to profitabil... Read more..

By NICK BUNKLEY - The New York Times

G.O.P. House Leaders Withdraw Vietnam Trade Bill

The failure of the bill was a deep disappointment and embarrassment for President Bush on the eve of his trip to Vietnam this week. Read more..

By STEVEN R. WEISMAN - The New York Times

Judge Delays KPMG Tax Trial Over Legal Fees Dispute

The judge indefinitely postponed the trial of former employees, citing concerns that the defendants will not be able to pay their lawyers. Read more..

By LYNNLEY BROWNING - The New York Times

O. J. Simpson Writes a Book He’ll Discuss on Fox TV

The book, which has a working title of “O.J. Simpson: If I Did It, Here’s How It Happened,” will depict Mr. Simpson describing how he would have carried out the murders. Read more..

By EDWARD WYATT - The New York Times

Rare Look at China’s Burdened Banks

A loan risk adviser told top executives that up to $3 billion in bad loans might have been intentionally hidden from outside auditors. Read more..

By DAVID BARBOZA - The New York Times

Rules for Small Businesses Will Recertify Their Sizes

The Small Business Administration announced new rules yesterday intended to help small businesses obtain more federal contracts and to assure that contracts set aside for small businesses are not going to larger companies. Read more..

By RON NIXON - The New York Times

U.S. Official Presses China to Punish Piracy

Commerce Secretary Carlos M. Gutierrez called on Beijing to make it easier to prosecute criminals who steal intellectual property. Read more..

By DAVID LAGUE - The New York Times

Voters Back Limits on Eminent Domain

More states are using ballot measures to limit eminent domain powers to force the sale of land for economic development. Read more..

By TERRY PRISTIN - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Intel INTC 21.93 22.37 21.76 22.32 104M
Microsoft MSFT 29.13 29.36 29.11 29.12 63.9M
Cisco Systems CSCO 26.62 26.75 26.50 26.60 47.3M
Pfizer PFE 26.30 26.75 26.17 26.53 39.7M
AT&T Inc. T 33.00 33.02 31.75 32.46 38.6M
Home Depot HD 37.85 38.29 37.41 37.62 28.5M
General Electric GE 35.51 35.92 35.49 35.79 23.8M
Apple AAPL 85.05 85.90 84.00 84.05 23.4M
ExxonMobil XOM 74.07 74.93 74.00 74.80 20.3M
Oracle Corp. ORCL 19.14 19.27 19.07 19.12 19.2M
HP Inc. HPQ 40.68 40.85 39.76 39.79 17.9M
Alphabet GOOGL 493.43 499.85 491.93 491.93 16.7M
Wal-Mart Stores WMT 47.77 48.08 47.58 47.68 16.5M
Merck MRK 43.69 44.50 43.65 44.15 15.8M
Abbott Laboratories ABT 46.60 47.25 46.57 46.99 14.7M
Amazon AMZN 41.50 43.10 41.50 42.60 13.6M
JPMorgan Chase JPM 47.57 47.67 46.99 47.45 11.3M
ConocoPhillips COP 63.46 64.42 63.18 63.98 11.3M
Verizon Communications VZ 36.25 36.25 35.70 36.09 10.9M
Walt Disney & Co. DIS 32.43 32.77 32.34 32.69 10.7M
McDonald's MCD 41.18 41.70 40.99 41.10 10.2M
Coca-Cola KO 46.47 46.75 46.37 46.65 9.91M
Wells Fargo & Co. WFC 36.63 36.72 36.12 36.23 9.74M
Altria MO 82.00 82.76 81.85 82.25 8.98M
Schlumberger SLB 64.28 66.00 63.96 65.45 8.81M
Chevron CVX 69.85 70.63 69.57 69.95 8.78M
Bristol-Myers Squibb BMY 24.27 24.51 24.15 24.50 8.3M
Johnson & Johnson JNJ 66.56 67.00 66.42 66.54 7.77M
UnitedHealth Group UNH 47.39 48.08 47.35 47.96 7.7M
Amgen AMGN 73.35 74.01 72.94 73.61 7.63M
Pepsico PEP 61.85 61.97 61.15 61.24 7.58M
Comcast CMCSA 40.45 40.69 40.23 40.27 6.9M
Boeing BA 86.40 87.58 86.35 87.08 5.85M
Procter & Gamble PG 63.12 63.47 62.98 63.12 5.56M
International Business Machines IBM 93.08 93.28 92.54 93.11 4.17M
Gilead Sciences GILD 67.54 68.75 67.41 67.87 3.83M
3M MMM 79.84 81.14 79.84 80.71 3.44M
United Technologies UTX 65.31 65.80 65.31 65.60 3.29M
Union Pacific UNP 91.91 92.25 90.93 91.24 2.17M
Berkshire Hathaway BRK.B 3560.00 3572.00 3548.00 3570.00 10.5K
Exchange Rates of November 15, 2006
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 118.010 JPY 1 JPY = 0.008 USD
US Dollar Canadian Dollar 1 USD = 1.139 CAD 1 CAD = 0.878 USD
US Dollar Swiss Franc 1 USD = 1.246 CHF 1 CHF = 0.803 USD
US Dollar Chinese Yuan 1 USD = 7.869 CNY 1 CNY = 0.127 USD
Euro Japanese Yen 1 EUR = 151.380 JPY 1 JPY = 0.007 EUR
Euro Pound Sterling 1 EUR = 0.679 GBP 1 GBP = 1.473 EUR
Euro Australian Dollar 1 EUR = 1.676 AUD 1 AUD = 0.597 EUR
Euro Canadian Dollar 1 EUR = 1.460 CAD 1 CAD = 0.685 EUR
Euro Swiss Franc 1 EUR = 1.598 CHF 1 CHF = 0.626 EUR
Japanese Yen Pound Sterling 1 JPY = 0.448 GBP 1 GBP = 2.231 JPY
Japanese Yen Australian Dollar 1 JPY = 1.107 AUD 1 AUD = 0.904 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.964 CAD 1 CAD = 1.037 JPY
Japanese Yen Swiss Franc 1 JPY = 1.055 CHF 1 CHF = 0.948 JPY
Pound Sterling Australian Dollar 1 GBP = 2.469 AUD 1 AUD = 0.405 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.151 CAD 1 CAD = 0.465 GBP
Pound Sterling Swiss Franc 1 GBP = 2.353 CHF 1 CHF = 0.425 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.871 CAD 1 CAD = 1.148 AUD
Australian Dollar Swiss Franc 1 AUD = 0.953 CHF 1 CHF = 1.050 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.094 CHF 1 CHF = 0.914 CAD

See what else happened on November 15, 2006