Financial news on November 16, 2010

Business and Financial news
2009 Greek Deficit Revised Higher

New data showed Greeceā€™s 2009 public finances were significantly worse than previously thought. Read more..

By DAVID JOLLY - International Herald Tribune

Airlines Worry Over Possible Shortage of A380 Engine Spares

The reports come as Qantas Airways said that one of its Boeing 747s had to return to Australia on Monday after experiencing electrical problems. Read more..

By NICOLA CLARK - The New York Times

An Edge on Dividends for Goldman

Goldman is the only major American bank that did not slash its dividend during the financial crisis. Read more..

By ANTONY CURRIE and HUGO DIXON - The New York Times

BBC to Sell Discovery Its Stake in Joint Venture

Discovery will take full control of the international venture, which operates the Animal Planet channel in Europe, Asia and Latin America and the Liv network in Latin America. Read more..

By ERIC PFANNER - International Herald Tribune

Boies Schiller Dismisses 3 Lawyers

Three associates who had worked on the trial team representing Guy Hands, who sued Citigroup over the buyout of EMI, have been laid off. Read more..

By PETER LATTMAN - The New York Times

Europe Fears That Debt Crisis Is Ready to Spread

European officials worry that a crisis like the one that hit Greece could spread to Ireland and Portugal. Read more..

By LANDON THOMAS Jr. and JAMES KANTER - The New York Times

Facebook Offers New Messaging Tool

Facebook Messages aims to handle users’ e-mail and other communications across different services, taking on popular e-mail platforms from Google and Yahoo. Read more..

By MIGUEL HELFT - The New York Times

Hong Kong Official Stands Up for U.S. Dollar

An official at the Hong Kong Monetary Authority has tried to ease concerns that the Hong Kong dollar would be delinked from the United States currency. Read more..

By ANITA RAGHAVAN - The New York Times

Investors Set for Dynegy Fight

The Blackstone Group raised its offer for Dynegy, amid stiff opposition from two of the energy company's biggest shareholders. Read more..

Mac William Bishop - The New York Times

Wendell August Forge

A fire destroyed this metals design gift store in Pennsylvania, but the owner was able to rebuild in a matter of months. He credits the rapid turnaround to Christianity and community support. Read more..

None None - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Cisco Systems CSCO 19,88 19,94 19,34 19,44 212M
General Electric GE 16,14 16,16 15,76 15,86 73.9M
Microsoft MSFT 26,04 26,04 25,65 25,81 65.3M
Intel INTC 21,13 21,27 20,88 21,07 62.9M
JPMorgan Chase JPM 39,74 39,97 39,04 39,61 46M
Wells Fargo & Co. WFC 27,50 27,63 26,85 27,19 45.3M
Pfizer PFE 16,62 16,75 16,51 16,60 43.2M
Oracle Corp. ORCL 28,01 28,10 27,50 27,58 31.2M
ExxonMobil XOM 69,62 69,82 68,56 68,94 27.5M
Home Depot HD 31,70 32,82 31,54 31,71 25.6M
AT&T Inc. T 28,46 28,50 28,03 28,24 25.5M
Wal-Mart Stores WMT 54,57 55,35 54,24 54,26 23.6M
Apple AAPL 305,72 307,60 299,32 301,59 23.5M
HP Inc. HPQ 42,25 42,39 41,44 41,80 22.4M
Merck MRK 34,31 34,44 33,94 34,10 22M
Abbott Laboratories ABT 48,04 48,23 47,56 47,66 21.7M
Comcast CMCSA 20,32 20,68 20,18 20,26 19.8M
Verizon Communications VZ 32,66 32,67 31,98 32,19 19.7M
Altria MO 24,51 24,57 24,05 24,38 16.5M
Johnson & Johnson JNJ 63,65 63,95 62,65 63,14 15.7M
Procter & Gamble PG 64,36 64,37 63,10 63,45 14.4M
ConocoPhillips COP 61,29 61,29 60,50 60,94 14.3M
Schlumberger SLB 72,95 74,32 72,50 73,18 12.5M
Walt Disney & Co. DIS 36,87 37,29 36,71 36,92 12.4M
Chevron CVX 83,55 83,58 81,93 82,48 12.4M
Coca-Cola KO 62,91 62,98 61,82 62,08 11.8M
UnitedHealth Group UNH 35,28 35,38 34,81 35,01 10.8M
Bristol-Myers Squibb BMY 26,15 26,24 25,85 26,04 9.87M
Gilead Sciences GILD 38,01 38,56 37,72 37,83 9.7M
Boeing BA 63,35 63,35 61,84 62,78 9.62M
Pepsico PEP 64,28 65,00 63,83 64,04 8.02M
Amgen AMGN 54,08 54,57 53,76 54,03 6.81M
McDonald's MCD 78,60 78,64 77,12 77,42 6.75M
Alphabet GOOGL 592,76 597,89 583,45 583,72 6.61M
Amazon AMZN 158,74 160,91 156,77 157,78 6.57M
International Business Machines IBM 142,93 143,38 141,18 142,24 6.34M
United Technologies UTX 74,80 74,94 73,77 74,16 5.99M
3M MMM 85,71 85,78 83,97 84,24 5.7M
Berkshire Hathaway BRK.B 80,06 80,30 79,67 79,91 5.64M
Visa V 75,56 76,30 74,26 74,99 5.09M
Union Pacific UNP 90,54 91,01 89,31 89,76 3.04M
Exchange Rates of November 16, 2010
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 83,310 JPY 1 JPY = 0,012 USD
US Dollar Canadian Dollar 1 USD = 1,022 CAD 1 CAD = 0,978 USD
US Dollar Swiss Franc 1 USD = 0,996 CHF 1 CHF = 1,004 USD
US Dollar Chinese Yuan 1 USD = 6,638 CNY 1 CNY = 0,151 USD
Euro Japanese Yen 1 EUR = 112,390 JPY 1 JPY = 0,009 EUR
Euro Pound Sterling 1 EUR = 0,849 GBP 1 GBP = 1,178 EUR
Euro Australian Dollar 1 EUR = 1,381 AUD 1 AUD = 0,724 EUR
Euro Canadian Dollar 1 EUR = 1,379 CAD 1 CAD = 0,725 EUR
Euro Swiss Franc 1 EUR = 1,343 CHF 1 CHF = 0,744 EUR
Euro Chinese Yuan 1 EUR = 8,958 CNY 1 CNY = 0,112 EUR
Japanese Yen Pound Sterling 1 JPY = 0,755 GBP 1 GBP = 1,324 JPY
Japanese Yen Australian Dollar 1 JPY = 1,228 AUD 1 AUD = 0,814 JPY
Japanese Yen Canadian Dollar 1 JPY = 1,226 CAD 1 CAD = 0,815 JPY
Japanese Yen Swiss Franc 1 JPY = 1,195 CHF 1 CHF = 0,837 JPY
Pound Sterling Australian Dollar 1 GBP = 1,626 AUD 1 AUD = 0,615 GBP
Pound Sterling Canadian Dollar 1 GBP = 1,623 CAD 1 CAD = 0,616 GBP
Pound Sterling Swiss Franc 1 GBP = 1,582 CHF 1 CHF = 0,632 GBP
Pound Sterling Chinese Yuan 1 GBP = 10,540 CNY 1 CNY = 0,095 GBP
Australian Dollar Canadian Dollar 1 AUD = 0,998 CAD 1 CAD = 1,002 AUD
Australian Dollar Swiss Franc 1 AUD = 0,973 CHF 1 CHF = 1,028 AUD
Australian Dollar Chinese Yuan 1 AUD = 6,487 CNY 1 CNY = 0,154 AUD
Canadian Dollar Swiss Franc 1 CAD = 0,974 CHF 1 CHF = 1,027 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6,499 CNY 1 CNY = 0,154 CAD
Swiss Franc Chinese Yuan 1 CHF = 6,669 CNY 1 CNY = 0,150 CHF

See what else happened on November 16, 2010