Financial news on November 15th, 2010

Business and Financial news
At AMC, Two Character Dramas, Just One Hit

The complex thriller “Rubicon” was canceled as “The Walking Dead” thrived. Several factors helped, but everyone gets zombies, it seems. Read more..

By BRIAN STELTER - The New York Times

BHP Billiton Drops Bid for Potash

BHP’s decision was all but preordained after the Canadian government said earlier this month that the deal did not represent a “net benefit” to Canada. Read more..

By The New York Times - The New York Times

Caterpillar Digs Into Mining

Caterpillar agreed to buy Bucyrus for $7.6 billion in cash at $92 a share. The purchase of Bucyrus will help Caterpillar expand its global footprint in the mining equipment industry. Read more..

Mac William Bishop - The New York Times

Ireland Rejects European Bailout Efforts

The Irish government has insisted it does not see the need for a bailout from Europe, but speculation that one will be necessary has driven bond yields to ever-higher levels. Read more..


Lone Star Reaches Deal to Sell Korean Bank

Private equity firm Lone Star Funds has agreed to sell its 51 percent stake in Korea Exchange Bank to Hana Financial, The Wall Street Journal reported on Monday. Read more..

By DEALBOOK - The New York Times

MAN and Scania in Merger Talks

A possible combination of the German truck and diesel engine manufacturer and its Swedish rival could bring them more fully under the wing of Volkswagen. Read more..

By DAVID JOLLY - The New York Times

News From the Advertising Industry

Account assignments, executive appointments and other news from advertising agencies. Read more..

By STUART ELLIOTT - The New York Times

OneSteel Buys 2 Anglo American Units

Anglo American, the miner based in Britain, said Sunday that it would sell two units, Moly-Cop and AltaSteel, to the Australian steelmaker OneSteel for $932 million. Read more..

By CHRIS V. NICHOLSON - The New York Times

Questionable Science Behind Academic Rankings

A recent revelation that the works of one scholar put a little-known university into a top league table is embarrassing for the business of academic ratings. Read more..

By D.D. GUTTENPLAN - International Herald Tribune

Weaker Dollar Seen as Unlikely to Cure Joblessness

With many American companies manufacturing abroad, the effect on exports of a weak dollar is diminished. Read more..

By MOTOKO RICH and JACK EWING - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Cisco SystemsCSCO20.3720.3719.9219.95138M
General ElectricGE16.2316.4316.1816.2039.2M
JPMorgan ChaseJPM39.8240.6439.7140.0828.8M
Abbott LaboratoriesABT48.8949.2548.0848.1628.7M
Wells Fargo & Co.WFC27.6228.2127.5727.6523.2M
AT&T Inc.T28.5628.8928.4728.6323.2M
Oracle Corp.ORCL28.3528.7728.2828.4021.6M
HP Inc.HPQ42.3243.0142.2442.5414.5M
Verizon CommunicationsVZ32.6233.0032.5732.7714.2M
Bristol-Myers SquibbBMY25.9726.6725.9326.3214.2M
Johnson & JohnsonJNJ64.1164.6963.9864.1412.7M
Walt Disney & Co.DIS37.4237.6637.1437.2511.7M
Wal-Mart StoresWMT54.1754.3553.8753.9511.5M
Procter & GamblePG64.5564.9164.1464.2910.9M
Home DepotHD31.4331.9731.3531.399.65M
UnitedHealth GroupUNH36.3236.3835.4435.479.12M
Gilead SciencesGILD37.8238.4237.8138.007.38M
United TechnologiesUTX75.0275.7374.8775.314.72M
International Business MachinesIBM143.89144.75143.27143.643.83M
Berkshire HathawayBRK.B80.4880.9980.0780.193.63M
Union PacificUNP91.3492.3891.0191.292.65M
Exchange Rates of November 15th, 2010
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 83.100 JPY1 JPY = 0.012 USD
US DollarCanadian Dollar1 USD = 1.010 CAD1 CAD = 0.991 USD
US DollarSwiss Franc1 USD = 0.984 CHF1 CHF = 1.016 USD
US DollarChinese Yuan1 USD = 6.642 CNY1 CNY = 0.151 USD
EuroJapanese Yen1 EUR = 112.870 JPY1 JPY = 0.009 EUR
EuroPound Sterling1 EUR = 0.846 GBP1 GBP = 1.182 EUR
EuroAustralian Dollar1 EUR = 1.378 AUD1 AUD = 0.726 EUR
EuroCanadian Dollar1 EUR = 1.372 CAD1 CAD = 0.729 EUR
EuroSwiss Franc1 EUR = 1.338 CHF1 CHF = 0.748 EUR
EuroChinese Yuan1 EUR = 9.027 CNY1 CNY = 0.111 EUR
Japanese YenPound Sterling1 JPY = 0.749 GBP1 GBP = 1.335 JPY
Japanese YenAustralian Dollar1 JPY = 1.221 AUD1 AUD = 0.819 JPY
Japanese YenCanadian Dollar1 JPY = 1.215 CAD1 CAD = 0.823 JPY
Japanese YenSwiss Franc1 JPY = 1.185 CHF1 CHF = 0.844 JPY
Pound SterlingAustralian Dollar1 GBP = 1.629 AUD1 AUD = 0.614 GBP
Pound SterlingCanadian Dollar1 GBP = 1.620 CAD1 CAD = 0.617 GBP
Pound SterlingSwiss Franc1 GBP = 1.580 CHF1 CHF = 0.633 GBP
Pound SterlingChinese Yuan1 GBP = 10.655 CNY1 CNY = 0.094 GBP
Australian DollarCanadian Dollar1 AUD = 0.995 CAD1 CAD = 1.005 AUD
Australian DollarSwiss Franc1 AUD = 0.970 CHF1 CHF = 1.031 AUD
Australian DollarChinese Yuan1 AUD = 6.543 CNY1 CNY = 0.153 AUD
Canadian DollarSwiss Franc1 CAD = 0.975 CHF1 CHF = 1.026 CAD
Canadian DollarChinese Yuan1 CAD = 6.585 CNY1 CNY = 0.152 CAD
Swiss FrancChinese Yuan1 CHF = 6.747 CNY1 CNY = 0.148 CHF

See what else happened on November 15th, 2010