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

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE15.9516.5015.4016.1197.5M
MicrosoftMSFT19.7420.2419.1519.3297.3M
Wells Fargo & Co.WFC28.1928.7326.7327.8364.4M
IntelINTC13.2113.4813.0013.0060.2M
JPMorgan ChaseJPM33.8234.8732.5032.7757.6M
ExxonMobilXOM73.5076.4673.0073.3848.7M
Cisco SystemsCSCO16.4716.8116.1116.2147.1M
PfizerPFE16.1016.4215.8615.9242.7M
AppleAAPL88.4890.5587.2688.1441.5M
Oracle Corp.ORCL16.6116.9916.3016.4141.3M
AT&T Inc.T27.3227.5326.4126.7732M
Wal-Mart StoresWMT52.7753.0751.1851.8127M
AltriaMO16.0416.9515.9716.2026.7M
ConocoPhillipsCOP48.1248.8246.5746.7624.8M
ComcastCMCSA15.5015.8514.9215.1923.6M
Procter & GamblePG63.0064.5461.4162.5123.1M
Home DepotHD19.9220.9919.7420.0022.6M
ChevronCVX72.1073.5770.6070.7821M
Walt Disney & Co.DIS20.0820.7419.5819.7420.7M
Bristol-Myers SquibbBMY19.3820.5019.1819.7018.2M
Verizon CommunicationsVZ29.8730.2528.6529.2417.4M
Abbott LaboratoriesABT54.3256.7154.0955.3216.9M
Johnson & JohnsonJNJ58.8061.1058.6559.2716.6M
HP Inc.HPQ29.7930.6029.1729.3415.8M
Coca-ColaKO44.6244.9343.2043.9715.3M
AlphabetGOOGL303.00310.16297.95300.1215.1M
MerckMRK26.7326.9725.9125.9912M
SchlumbergerSLB48.4150.8047.2647.9511.8M
McDonald'sMCD55.9057.1155.5055.6111.3M
AmazonAMZN39.9141.2639.0739.6910.7M
International Business MachinesIBM79.4079.7477.1677.4810.3M
AmgenAMGN57.1458.3855.9056.099.9M
UnitedHealth GroupUNH19.7320.0318.8918.898.95M
PepsicoPEP53.4754.7952.6052.978.53M
Gilead SciencesGILD46.1047.0345.8945.918.17M
United TechnologiesUTX49.6150.5448.0148.158.03M
VisaV53.1154.2351.6652.767.33M
BoeingBA40.6142.8040.5041.187.04M
Union PacificUNP56.6458.9254.6657.216.77M
3MMMM62.3362.9360.0360.806.57M
Berkshire HathawayBRK.B3301.003309.003138.003140.0041.9K
Exchange Rates of November 17, 2008
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 96.240 JPY1 JPY = 0.010 USD
US DollarCanadian Dollar1 USD = 1.229 CAD1 CAD = 0.814 USD
US DollarSwiss Franc1 USD = 1.199 CHF1 CHF = 0.834 USD
US DollarChinese Yuan1 USD = 6.828 CNY1 CNY = 0.146 USD
EuroJapanese Yen1 EUR = 121.980 JPY1 JPY = 0.008 EUR
EuroPound Sterling1 EUR = 0.844 GBP1 GBP = 1.185 EUR
EuroAustralian Dollar1 EUR = 1.950 AUD1 AUD = 0.513 EUR
EuroCanadian Dollar1 EUR = 1.550 CAD1 CAD = 0.645 EUR
EuroSwiss Franc1 EUR = 1.516 CHF1 CHF = 0.660 EUR
EuroChinese Yuan1 EUR = 8.634 CNY1 CNY = 0.116 EUR
Japanese YenPound Sterling1 JPY = 0.692 GBP1 GBP = 1.446 JPY
Japanese YenAustralian Dollar1 JPY = 1.598 AUD1 AUD = 0.626 JPY
Japanese YenCanadian Dollar1 JPY = 1.271 CAD1 CAD = 0.787 JPY
Japanese YenSwiss Franc1 JPY = 1.243 CHF1 CHF = 0.805 JPY
Pound SterlingAustralian Dollar1 GBP = 2.309 AUD1 AUD = 0.433 GBP
Pound SterlingCanadian Dollar1 GBP = 1.836 CAD1 CAD = 0.545 GBP
Pound SterlingSwiss Franc1 GBP = 1.795 CHF1 CHF = 0.557 GBP
Pound SterlingChinese Yuan1 GBP = 10.219 CNY1 CNY = 0.098 GBP
Australian DollarCanadian Dollar1 AUD = 0.794 CAD1 CAD = 1.260 AUD
Australian DollarSwiss Franc1 AUD = 0.777 CHF1 CHF = 1.287 AUD
Australian DollarChinese Yuan1 AUD = 4.438 CNY1 CNY = 0.225 AUD
Canadian DollarSwiss Franc1 CAD = 0.978 CHF1 CHF = 1.023 CAD
Canadian DollarChinese Yuan1 CAD = 5.564 CNY1 CNY = 0.180 CAD
Swiss FrancChinese Yuan1 CHF = 5.700 CNY1 CNY = 0.175 CHF

See what else happened on November 17, 2008