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

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE15.8016.1915.7716.0098.2M
IntelINTC20.1120.3220.0120.2364.8M
MicrosoftMSFT29.6129.8029.3729.5454.1M
Cisco SystemsCSCO23.7724.1023.6523.8747.6M
Wells Fargo & Co.WFC27.9228.6827.7828.2145.3M
JPMorgan ChaseJPM43.2543.6142.7643.0443.5M
PfizerPFE17.6518.0017.6317.9441.1M
Bristol-Myers SquibbBMY23.9424.6323.8024.3039.2M
ComcastCMCSA15.5115.8615.4515.8535.6M
Oracle Corp.ORCL22.3622.8922.3022.8333.4M
MerckMRK33.9834.3533.5233.8125.1M
AT&T Inc.T26.3426.6026.2126.2923.6M
ExxonMobilXOM73.6574.6773.3374.4321.3M
HP Inc.HPQ49.8950.8849.8650.8120.6M
Home DepotHD27.6327.9527.4027.6518.8M
AppleAAPL205.48208.00205.01206.6317.3M
Wal-Mart StoresWMT53.3553.4652.8153.1615.3M
AltriaMO19.4119.4819.3019.3415.3M
Abbott LaboratoriesABT53.5353.8953.1453.6314.1M
Verizon CommunicationsVZ30.2130.3930.1530.3314M
Johnson & JohnsonJNJ61.4562.3561.4162.1913.8M
Walt Disney & Co.DIS30.1230.8830.0330.7012.9M
Procter & GamblePG62.0062.6861.9362.2712.5M
ConocoPhillipsCOP53.1354.1353.0953.8412.4M
McDonald'sMCD63.9264.7563.7164.5312.1M
AmazonAMZN132.12134.56130.98131.599.02M
ChevronCVX78.1178.8677.9878.618.95M
SchlumbergerSLB66.5568.3466.4667.898.63M
UnitedHealth GroupUNH29.2329.5028.9529.158.28M
Coca-ColaKO56.6557.0956.4356.748.12M
International Business MachinesIBM127.17128.24127.03128.217.82M
Gilead SciencesGILD47.2647.5346.9347.436.82M
AmgenAMGN55.5556.3555.3356.146.18M
VisaV80.1080.3979.2279.555.76M
BoeingBA51.0052.5250.8852.485.7M
United TechnologiesUTX68.3069.4068.0169.345.37M
PepsicoPEP62.2162.4961.9462.434.97M
Union PacificUNP63.6165.0563.5765.054.65M
AlphabetGOOGL575.00576.99572.78576.284.39M
3MMMM77.5578.2977.4378.022.99M
Berkshire HathawayBRK.B3430.003443.003402.003431.5034K
Exchange Rates of November 16, 2009
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 89.060 JPY1 JPY = 0.011 USD
US DollarCanadian Dollar1 USD = 1.047 CAD1 CAD = 0.955 USD
US DollarSwiss Franc1 USD = 1.008 CHF1 CHF = 0.993 USD
US DollarChinese Yuan1 USD = 6.827 CNY1 CNY = 0.146 USD
EuroJapanese Yen1 EUR = 133.330 JPY1 JPY = 0.008 EUR
EuroPound Sterling1 EUR = 0.890 GBP1 GBP = 1.124 EUR
EuroAustralian Dollar1 EUR = 1.597 AUD1 AUD = 0.626 EUR
EuroCanadian Dollar1 EUR = 1.568 CAD1 CAD = 0.638 EUR
EuroSwiss Franc1 EUR = 1.508 CHF1 CHF = 0.663 EUR
Japanese YenPound Sterling1 JPY = 0.667 GBP1 GBP = 1.499 JPY
Japanese YenAustralian Dollar1 JPY = 1.197 AUD1 AUD = 0.835 JPY
Japanese YenCanadian Dollar1 JPY = 1.176 CAD1 CAD = 0.850 JPY
Japanese YenSwiss Franc1 JPY = 1.131 CHF1 CHF = 0.884 JPY
Pound SterlingAustralian Dollar1 GBP = 1.795 AUD1 AUD = 0.557 GBP
Pound SterlingCanadian Dollar1 GBP = 1.762 CAD1 CAD = 0.568 GBP
Pound SterlingSwiss Franc1 GBP = 1.695 CHF1 CHF = 0.590 GBP
Australian DollarCanadian Dollar1 AUD = 0.982 CAD1 CAD = 1.019 AUD
Australian DollarSwiss Franc1 AUD = 0.944 CHF1 CHF = 1.059 AUD
Australian DollarChinese Yuan1 AUD = 6.402 CNY1 CNY = 0.156 AUD
Canadian DollarSwiss Franc1 CAD = 0.961 CHF1 CHF = 1.040 CAD
Canadian DollarChinese Yuan1 CAD = 6.515 CNY1 CNY = 0.153 CAD
Swiss FrancChinese Yuan1 CHF = 6.777 CNY1 CNY = 0.148 CHF

See what else happened on November 16, 2009