Financial news on November 17, 2008

Business and Financial news
A Computing Pioneer Has a New Idea

Steven J. Wallach’s newest effort in computing design is intended to tackle one of the principal limitations in the world of supercomputing. Read more..

By JOHN MARKOFF - The New York Times

At National Review, a Threat to Its Reputation for Erudition

The magazine faces the twin challenges of re-energizing the conservative movement while trying to stay relevant. Read more..

By TIM ARANGO - The New York Times

Cuomo Investigating Colleges’ Deals With Health Insurers

The investigation by the attorney general appears to be focused on the adequacy of disclosure of policy terms and costs to students. Read more..

By JONATHAN D. GLATER - The New York Times

Deregulator Looks Back, Unswayed

Phil Gramm pushed laws that he says unshackled businesses from restraints but critics say contributed to the financial crisis. Read more..

By ERIC LIPTON and STEPHEN LABATON - The New York Times

Gramm and the ‘Enron Loophole’

A look at how Enron closely monitored Senator Phil Gramm's handling of 2000 legislation that offered it a loophole fending off regulation. Read more..

By ERIC LIPTON - The New York Times

J. Crew Benefits as Mrs. Obama Wears the Brand

Michelle Obama: first lady-to-be, fashion plate and now, online pitch. Read more..

By STEPHANIE CLIFFORD - The New York Times

People and Accounts of Note

Webdenda. Read more..

By THE NEW YORK TIMES - The New York Times

With Obama, Murdoch Defies His Image

The day before the election, The New York Post’s coverage of Barack Obama turned positive. Has Rupert Murdoch gone soft on liberals? Read more..

By RICHARD PÉREZ-PEÑA - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
General Electric GE 15.95 16.50 15.40 16.11 97.5M
Microsoft MSFT 19.74 20.24 19.15 19.32 97.3M
Wells Fargo & Co. WFC 28.19 28.73 26.73 27.83 64.4M
Intel INTC 13.21 13.48 13.00 13.00 60.2M
JPMorgan Chase JPM 33.82 34.87 32.50 32.77 57.6M
ExxonMobil XOM 73.50 76.46 73.00 73.38 48.7M
Cisco Systems CSCO 16.47 16.81 16.11 16.21 47.1M
Pfizer PFE 16.10 16.42 15.86 15.92 42.7M
Apple AAPL 88.48 90.55 87.26 88.14 41.5M
Oracle Corp. ORCL 16.61 16.99 16.30 16.41 41.3M
AT&T Inc. T 27.32 27.53 26.41 26.77 32M
Wal-Mart Stores WMT 52.77 53.07 51.18 51.81 27M
Altria MO 16.04 16.95 15.97 16.20 26.7M
ConocoPhillips COP 48.12 48.82 46.57 46.76 24.8M
Comcast CMCSA 15.50 15.85 14.92 15.19 23.6M
Procter & Gamble PG 63.00 64.54 61.41 62.51 23.1M
Home Depot HD 19.92 20.99 19.74 20.00 22.6M
Chevron CVX 72.10 73.57 70.60 70.78 21M
Walt Disney & Co. DIS 20.08 20.74 19.58 19.74 20.7M
Bristol-Myers Squibb BMY 19.38 20.50 19.18 19.70 18.2M
Verizon Communications VZ 29.87 30.25 28.65 29.24 17.4M
Abbott Laboratories ABT 54.32 56.71 54.09 55.32 16.9M
Johnson & Johnson JNJ 58.80 61.10 58.65 59.27 16.6M
HP Inc. HPQ 29.79 30.60 29.17 29.34 15.8M
Coca-Cola KO 44.62 44.93 43.20 43.97 15.3M
Alphabet GOOGL 303.00 310.16 297.95 300.12 15.1M
Merck MRK 26.73 26.97 25.91 25.99 12M
Schlumberger SLB 48.41 50.80 47.26 47.95 11.8M
McDonald's MCD 55.90 57.11 55.50 55.61 11.3M
Amazon AMZN 39.91 41.26 39.07 39.69 10.7M
International Business Machines IBM 79.40 79.74 77.16 77.48 10.3M
Amgen AMGN 57.14 58.38 55.90 56.09 9.9M
UnitedHealth Group UNH 19.73 20.03 18.89 18.89 8.95M
Pepsico PEP 53.47 54.79 52.60 52.97 8.53M
Gilead Sciences GILD 46.10 47.03 45.89 45.91 8.17M
United Technologies UTX 49.61 50.54 48.01 48.15 8.03M
Visa V 53.11 54.23 51.66 52.76 7.33M
Boeing BA 40.61 42.80 40.50 41.18 7.04M
Union Pacific UNP 56.64 58.92 54.66 57.21 6.77M
3M MMM 62.33 62.93 60.03 60.80 6.57M
Berkshire Hathaway BRK.B 3301.00 3309.00 3138.00 3140.00 41.9K
Exchange Rates of November 17, 2008
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 96.240 JPY 1 JPY = 0.010 USD
US Dollar Canadian Dollar 1 USD = 1.229 CAD 1 CAD = 0.814 USD
US Dollar Swiss Franc 1 USD = 1.199 CHF 1 CHF = 0.834 USD
US Dollar Chinese Yuan 1 USD = 6.828 CNY 1 CNY = 0.146 USD
Euro Japanese Yen 1 EUR = 121.980 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.844 GBP 1 GBP = 1.185 EUR
Euro Australian Dollar 1 EUR = 1.950 AUD 1 AUD = 0.513 EUR
Euro Canadian Dollar 1 EUR = 1.550 CAD 1 CAD = 0.645 EUR
Euro Swiss Franc 1 EUR = 1.516 CHF 1 CHF = 0.660 EUR
Euro Chinese Yuan 1 EUR = 8.634 CNY 1 CNY = 0.116 EUR
Japanese Yen Pound Sterling 1 JPY = 0.692 GBP 1 GBP = 1.446 JPY
Japanese Yen Australian Dollar 1 JPY = 1.598 AUD 1 AUD = 0.626 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.271 CAD 1 CAD = 0.787 JPY
Japanese Yen Swiss Franc 1 JPY = 1.243 CHF 1 CHF = 0.805 JPY
Pound Sterling Australian Dollar 1 GBP = 2.309 AUD 1 AUD = 0.433 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.836 CAD 1 CAD = 0.545 GBP
Pound Sterling Swiss Franc 1 GBP = 1.795 CHF 1 CHF = 0.557 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.219 CNY 1 CNY = 0.098 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.794 CAD 1 CAD = 1.260 AUD
Australian Dollar Swiss Franc 1 AUD = 0.777 CHF 1 CHF = 1.287 AUD
Australian Dollar Chinese Yuan 1 AUD = 4.438 CNY 1 CNY = 0.225 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.978 CHF 1 CHF = 1.023 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5.564 CNY 1 CNY = 0.180 CAD
Swiss Franc Chinese Yuan 1 CHF = 5.700 CNY 1 CNY = 0.175 CHF

See what else happened on November 17, 2008