Financial news on November 16, 2009

Business and Financial news
A Sweet Union for Liberty Global

Liberty Global’s purchase of Unitymedia suggests the merger market may be at the point in the downturn where sellers are prepared to sell, but buyers are not reluctant to buy. Read more..

By JOHN FOLEY and LAUREN SILVA LAUGHLIN - The New York Times

Glimmers of Progress at a Leaner Newsweek

Because of cost-cutting and price increases, the magazine’s bottom line looks a little less bad than it did earlier this year. Read more..

By RICHARD PÉREZ-PEÑA - The New York Times

In Detroit, Agencies Compete to Sell City as a Creative Haven

Time Inc. is sponsoring the competition, which five agencies are participating in. Visitors to the campaigns’ Web sites will be able to vote for their favorite. Read more..

By STUART ELLIOTT - The New York Times

It’s the Scent That Tickles the Memory

Only recently have companies begun assigning smells to everyday products: frangipani-scented sewing threads, tires that smell like roses. A paper soon to be published in the Journal of Consumer Research confirms the wisdom of this tactic, finding ... Read more..

By ALEX MINDLIN - The New York Times

MSNBC Presses Obama on Campaign Promises

MSNBC hosts are calling on the president to keep his campaign promises about health care and other issues. Read more..

By BRIAN STELTER - The New York Times

People and Accounts of Note

Webdenda. Read more..

By THE NEW YORK TIMES - The New York Times

Weapons Upgrade at the Dubai Air Show

In past years, the Dubai Air Show has been mainly about commercial aviation. But recently, a tilt toward weaponry has been visible. Read more..

By DANIEL SOLON - International Herald Tribune

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
General Electric GE 15.80 16.19 15.77 16.00 98.2M
Intel INTC 20.11 20.32 20.01 20.23 64.8M
Microsoft MSFT 29.61 29.80 29.37 29.54 54.1M
Cisco Systems CSCO 23.77 24.10 23.65 23.87 47.6M
Wells Fargo & Co. WFC 27.92 28.68 27.78 28.21 45.3M
JPMorgan Chase JPM 43.25 43.61 42.76 43.04 43.5M
Pfizer PFE 17.65 18.00 17.63 17.94 41.1M
Bristol-Myers Squibb BMY 23.94 24.63 23.80 24.30 39.2M
Comcast CMCSA 15.51 15.86 15.45 15.85 35.6M
Oracle Corp. ORCL 22.36 22.89 22.30 22.83 33.4M
Merck MRK 33.98 34.35 33.52 33.81 25.1M
AT&T Inc. T 26.34 26.60 26.21 26.29 23.6M
ExxonMobil XOM 73.65 74.67 73.33 74.43 21.3M
HP Inc. HPQ 49.89 50.88 49.86 50.81 20.6M
Home Depot HD 27.63 27.95 27.40 27.65 18.8M
Apple AAPL 205.48 208.00 205.01 206.63 17.3M
Wal-Mart Stores WMT 53.35 53.46 52.81 53.16 15.3M
Altria MO 19.41 19.48 19.30 19.34 15.3M
Abbott Laboratories ABT 53.53 53.89 53.14 53.63 14.1M
Verizon Communications VZ 30.21 30.39 30.15 30.33 14M
Johnson & Johnson JNJ 61.45 62.35 61.41 62.19 13.8M
Walt Disney & Co. DIS 30.12 30.88 30.03 30.70 12.9M
Procter & Gamble PG 62.00 62.68 61.93 62.27 12.5M
ConocoPhillips COP 53.13 54.13 53.09 53.84 12.4M
McDonald's MCD 63.92 64.75 63.71 64.53 12.1M
Amazon AMZN 132.12 134.56 130.98 131.59 9.02M
Chevron CVX 78.11 78.86 77.98 78.61 8.95M
Schlumberger SLB 66.55 68.34 66.46 67.89 8.63M
UnitedHealth Group UNH 29.23 29.50 28.95 29.15 8.28M
Coca-Cola KO 56.65 57.09 56.43 56.74 8.12M
International Business Machines IBM 127.17 128.24 127.03 128.21 7.82M
Gilead Sciences GILD 47.26 47.53 46.93 47.43 6.82M
Amgen AMGN 55.55 56.35 55.33 56.14 6.18M
Visa V 80.10 80.39 79.22 79.55 5.76M
Boeing BA 51.00 52.52 50.88 52.48 5.7M
United Technologies UTX 68.30 69.40 68.01 69.34 5.37M
Pepsico PEP 62.21 62.49 61.94 62.43 4.97M
Union Pacific UNP 63.61 65.05 63.57 65.05 4.65M
Alphabet GOOGL 575.00 576.99 572.78 576.28 4.39M
3M MMM 77.55 78.29 77.43 78.02 2.99M
Berkshire Hathaway BRK.B 3430.00 3443.00 3402.00 3431.50 34K
Exchange Rates of November 16, 2009
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 89.060 JPY 1 JPY = 0.011 USD
US Dollar Canadian Dollar 1 USD = 1.047 CAD 1 CAD = 0.955 USD
US Dollar Swiss Franc 1 USD = 1.008 CHF 1 CHF = 0.993 USD
US Dollar Chinese Yuan 1 USD = 6.827 CNY 1 CNY = 0.146 USD
Euro Japanese Yen 1 EUR = 133.330 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.890 GBP 1 GBP = 1.124 EUR
Euro Australian Dollar 1 EUR = 1.597 AUD 1 AUD = 0.626 EUR
Euro Canadian Dollar 1 EUR = 1.568 CAD 1 CAD = 0.638 EUR
Euro Swiss Franc 1 EUR = 1.508 CHF 1 CHF = 0.663 EUR
Japanese Yen Pound Sterling 1 JPY = 0.667 GBP 1 GBP = 1.499 JPY
Japanese Yen Australian Dollar 1 JPY = 1.197 AUD 1 AUD = 0.835 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.176 CAD 1 CAD = 0.850 JPY
Japanese Yen Swiss Franc 1 JPY = 1.131 CHF 1 CHF = 0.884 JPY
Pound Sterling Australian Dollar 1 GBP = 1.795 AUD 1 AUD = 0.557 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.762 CAD 1 CAD = 0.568 GBP
Pound Sterling Swiss Franc 1 GBP = 1.695 CHF 1 CHF = 0.590 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.982 CAD 1 CAD = 1.019 AUD
Australian Dollar Swiss Franc 1 AUD = 0.944 CHF 1 CHF = 1.059 AUD
Australian Dollar Chinese Yuan 1 AUD = 6.402 CNY 1 CNY = 0.156 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.961 CHF 1 CHF = 1.040 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.515 CNY 1 CNY = 0.153 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.777 CNY 1 CNY = 0.148 CHF

See what else happened on November 16, 2009