Financial news on November 17, 2010

Business and Financial news
A Footnote on Treasury’s Bailout Figures

Auditors from the Government Accountability Office said the Treasury sometimes worked with incorrect numbers or failed to document the value of assets in financial statements, Mary Williams Walsh reports in The New York Times. Read more..

By DEALBOOK - The New York Times

Allegheny Technologies Buys Ladish for $778 Million

With the acquisition, valued at $48 a share, Allegheny Technologies will be able to expand its specialized metals business. Read more..

By EVELYN M. RUSLI - The New York Times

Booz Allen Hamilton Prices I.P.O.

General Motors is the not the only I.P.O. this week. Booz Allen Hamilton Holding, the government consulting firm owned by Carlyle Group, priced its shares at the low end of an expected range on Tuesday night Read more..

By DEALBOOK - The New York Times

Britain Pledges to Support Ireland in Debt Crisis

Britain said it could offer assistance as the prospects for a European bailout increased at a meeting of finance ministers. Read more..

By JAMES KANTER and STEVEN ERLANGER - The New York Times

Bryant Park Finds Bright Spots Amid the Gloom

Shaken by the real estate crash, the Bryant Park office submarket has attracted buyers looking for real estate bargains. Read more..

By JULIE SATOW - The New York Times

Danish Bakery Chains Turn Carbohydrates to Gold

Two bakery chains, Lagkagehuset and Emmerys, have grown rapidly in these hard economic times. Read more..

By NATALIA RACHLIN - The New York Times

Dunkin’ Brands Adds to Debt

Nearly five years they bought the company, Bain Capital, the Carlyle Group and Thomas H. Lee Partners are adding onto its debt. Read more..

By LISA LEE, TIMOTHY SIFERT and AGNES T. CRANE - The New York Times

Frank Gehry (a Part Owner) Helps Develop a Landmark

The noted architect owns a 5 percent stake in the Inland Steel Building in Chicago. A new developer took over renovations that will turn Inland into a Class A office building. Read more..

By FRED A. BERNSTEIN - The New York Times

Paul Calello, Leader of a Credit Suisse Unit, Dies at 49

Mr. Calello helped the bank weather the financial crisis after he took over the investment banking unit in 2007. Read more..

By PETER LATTMAN - The New York Times

There Will Be Fuel

Recent discoveries of oil and natural gas fields and new mining technology have combined to help increase the world’s supply of energy for decades to come. Read more..

By CLIFFORD KRAUSS - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Cisco SystemsCSCO19,6219,6819,3919,41112M
MicrosoftMSFT25,9025,9125,5525,5758.3M
IntelINTC21,0221,2220,9321,0844.3M
PfizerPFE16,5016,6616,4716,4837.8M
General ElectricGE15,8715,9215,7615,8136.3M
JPMorgan ChaseJPM39,5839,6838,9839,1832M
Wells Fargo & Co.WFC27,1827,4326,7626,8632M
HP Inc.HPQ41,7842,1240,7740,9728.7M
Oracle Corp.ORCL27,5128,1127,4927,9124.6M
AT&T Inc.T28,1828,2427,9327,9624.3M
MerckMRK34,8135,6534,4534,4720M
Home DepotHD31,6631,7130,6730,8319.4M
ExxonMobilXOM68,8469,3868,5669,0117.5M
AppleAAPL301,20303,99297,76300,5017.1M
Abbott LaboratoriesABT47,8348,1147,7147,8015.3M
Wal-Mart StoresWMT54,3554,4453,5653,7714.5M
Verizon CommunicationsVZ32,2532,5231,9532,3413.2M
ComcastCMCSA20,2420,4920,1220,3911.7M
Walt Disney & Co.DIS36,8037,3236,7037,2210.6M
Gilead SciencesGILD37,9037,9937,4537,709.88M
SchlumbergerSLB72,7474,7772,5874,409.64M
UnitedHealth GroupUNH35,0935,3434,5835,339.58M
AltriaMO24,3424,6024,2924,469.21M
ConocoPhillipsCOP60,9561,4460,6560,819.16M
Coca-ColaKO62,1462,7262,1062,528.37M
Bristol-Myers SquibbBMY26,1726,2225,8025,968.29M
BoeingBA62,6763,0262,1762,508.17M
Procter & GamblePG63,3963,5063,1463,277.94M
ChevronCVX82,4183,1382,1082,467.85M
Johnson & JohnsonJNJ63,1363,2962,9263,067.42M
AmgenAMGN53,7554,0653,4453,875.87M
McDonald'sMCD77,4378,5277,4378,375.27M
PepsicoPEP64,1264,2463,7263,945.02M
AlphabetGOOGL585,00589,50581,37583,554.88M
International Business MachinesIBM142,49142,49141,39141,954.79M
AmazonAMZN157,84160,85157,55158,354.52M
United TechnologiesUTX73,7374,0773,4373,643.9M
Berkshire HathawayBRK.B80,1380,3379,5279,533.75M
VisaV74,9076,3574,8675,733.72M
3MMMM84,0884,5283,5283,953.13M
Union PacificUNP89,7190,0389,2989,912.12M
Exchange Rates of November 17, 2010
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 83,190 JPY1 JPY = 0,012 USD
US DollarCanadian Dollar1 USD = 1,025 CAD1 CAD = 0,976 USD
US DollarSwiss Franc1 USD = 0,991 CHF1 CHF = 1,009 USD
US DollarChinese Yuan1 USD = 6,643 CNY1 CNY = 0,151 USD
EuroJapanese Yen1 EUR = 112,530 JPY1 JPY = 0,009 EUR
EuroPound Sterling1 EUR = 0,850 GBP1 GBP = 1,176 EUR
EuroAustralian Dollar1 EUR = 1,381 AUD1 AUD = 0,724 EUR
EuroCanadian Dollar1 EUR = 1,386 CAD1 CAD = 0,721 EUR
EuroSwiss Franc1 EUR = 1,341 CHF1 CHF = 0,745 EUR
EuroChinese Yuan1 EUR = 8,989 CNY1 CNY = 0,111 EUR
Japanese YenPound Sterling1 JPY = 0,755 GBP1 GBP = 1,324 JPY
Japanese YenAustralian Dollar1 JPY = 1,226 AUD1 AUD = 0,816 JPY
Japanese YenCanadian Dollar1 JPY = 1,231 CAD1 CAD = 0,812 JPY
Japanese YenSwiss Franc1 JPY = 1,192 CHF1 CHF = 0,839 JPY
Pound SterlingAustralian Dollar1 GBP = 1,623 AUD1 AUD = 0,616 GBP
Pound SterlingCanadian Dollar1 GBP = 1,630 CAD1 CAD = 0,614 GBP
Pound SterlingSwiss Franc1 GBP = 1,577 CHF1 CHF = 0,634 GBP
Pound SterlingChinese Yuan1 GBP = 10,558 CNY1 CNY = 0,095 GBP
Australian DollarCanadian Dollar1 AUD = 1,004 CAD1 CAD = 0,996 AUD
Australian DollarSwiss Franc1 AUD = 0,971 CHF1 CHF = 1,030 AUD
Australian DollarChinese Yuan1 AUD = 6,511 CNY1 CNY = 0,154 AUD
Canadian DollarSwiss Franc1 CAD = 0,967 CHF1 CHF = 1,034 CAD
Canadian DollarChinese Yuan1 CAD = 6,486 CNY1 CNY = 0,154 CAD
Swiss FrancChinese Yuan1 CHF = 6,700 CNY1 CNY = 0,149 CHF

See what else happened on November 17, 2010