Financial news on October 17, 2011

Business and Financial news
Accounts and People of Note in the Ad Industry

Jake Baldridge joined the Paragraph Project, Durham, N.C., in a new post, as a partner. Mr. Baldridge had most recently been an account director at StrawberryFrog, New York. Read more..

By THE NEW YORK TIMES - The New York Times

Debates Sway Media Coverage, Study Finds

Research by Pew Research Center’s Project for Excellence in Journalism finds that the presidential candidate debates have considerable effect on media coverage. Read more..

By BRIAN STELTER - The New York Times

Magazine Creates a Brand for Women Who Work

Stuart Elliott Advertising column; American edition of Marie Claire magazine is expanding its editorial purview, and looking for additional advertising, with a supplement devoted to working women. Read more..

By STUART ELLIOTT - The New York Times

Postal Union Turns to Wall Street for Advice on Its Future

Labor union representing 280,000 current and retired letter carriers is enlisting former investment banker Ron Bloom and financial firm Lazard to help forge strategy to revitalize the United States Postal Service. Read more..

By NATASHA SINGER - The New York Times

Renewable Energy Fosters a Boom in Depressed German State

Wind, solar and biomass energy have created thousands of jobs in a northeastern state that was the poorest in Germany. Read more..

By ERIK KIRSCHBAUM | REUTERS - International Herald Tribune

Republican Debates Are a Hot Ticket on TV

Early television debates for the Republican presidential nomination are garnering almost twice as many viewers as in 2007; increased viewership is attributed to widespread anxiety about the economy and disapproval of the political system. Read more..

By BRIAN STELTER - The New York Times

Two Top Executives Resign From Wal-Mart China

Wal-Mart announces the resignation of Ed Chan and Clara Wong, two top executives in China, just one week after city of Chongqing ordered the closing of all 13 stores as punishment for a series of food handling and mislabeling violations; company says timing is a coincidence Read more..

By KEITH BRADSHER - The New York Times

Wireless Users Will Get Alerts on Excess Use

Wireless carriers have been losing good will with users bitter about the sometimes exorbitant charges resulting from overuse of what has become a consumer staple — the cellphone. Read more..

By EDWARD WYATT - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Wells Fargo & Co. WFC 25,24 25,40 24,30 24,42 77.8M
Intel INTC 23,32 23,60 23,14 23,28 47.9M
General Electric GE 16,49 16,60 16,19 16,23 46.9M
JPMorgan Chase JPM 31,64 32,09 30,97 31,04 40.9M
Microsoft MSFT 27,11 27,42 26,85 26,98 39.5M
Cisco Systems CSCO 17,37 17,47 17,02 17,17 37.6M
Pfizer PFE 18,94 19,15 18,64 18,69 30.5M
Oracle Corp. ORCL 31,59 31,75 30,95 31,23 25.1M
Apple AAPL 421,74 426,70 415,94 419,99 24.5M
ExxonMobil XOM 77,87 78,49 77,12 77,47 18.8M
AT&T Inc. T 29,19 29,38 28,93 29,02 18.5M
HP Inc. HPQ 25,84 25,94 24,70 24,86 16.7M
Abbott Laboratories ABT 52,41 52,75 51,94 52,04 13.5M
Comcast CMCSA 23,79 23,87 23,26 23,42 12.3M
Schlumberger SLB 69,74 69,93 67,17 67,52 12.3M
Merck MRK 32,84 33,18 32,25 32,31 11.5M
Johnson & Johnson JNJ 64,40 64,84 63,62 63,79 10.8M
Bristol-Myers Squibb BMY 32,16 32,55 32,11 32,44 10.2M
Coca-Cola KO 67,82 67,85 66,82 67,00 10.1M
Walt Disney & Co. DIS 33,83 34,22 33,18 33,39 9.99M
Verizon Communications VZ 37,28 37,43 36,90 36,94 9.84M
Wal-Mart Stores WMT 54,79 55,46 54,48 54,78 8.97M
Altria MO 27,55 27,71 27,37 27,42 8.96M
Home Depot HD 34,85 35,48 34,59 34,65 8.84M
International Business Machines IBM 189,71 190,16 185,90 186,59 8.79M
General Motors GM 24,17 24,19 23,15 23,18 8.63M
ConocoPhillips COP 68,72 69,16 67,79 68,34 8.5M
Alphabet GOOGL 583,72 591,83 578,00 582,41 8.01M
Procter & Gamble PG 64,84 65,45 64,06 64,26 7.16M
Chevron CVX 99,91 100,25 98,40 98,61 6.58M
Gilead Sciences GILD 40,22 40,62 39,72 39,86 6.28M
UnitedHealth Group UNH 46,87 47,61 46,46 46,60 5.94M
Berkshire Hathaway BRK.B 73,95 74,32 72,55 72,89 5.84M
Pepsico PEP 61,86 62,62 61,80 61,89 5.1M
Boeing BA 63,34 63,51 61,66 61,78 4.87M
Amazon AMZN 244,29 246,71 240,67 242,33 4.78M
3M MMM 78,63 79,05 75,66 75,88 4.36M
McDonald's MCD 89,41 89,90 88,51 88,66 4.32M
United Technologies UTX 74,48 74,57 71,95 72,12 4.01M
Visa V 93,13 93,92 91,03 91,19 3.46M
Amgen AMGN 57,26 57,57 56,21 56,44 3.11M
Union Pacific UNP 91,57 91,57 89,00 89,31 2.09M
Exchange Rates of October 17, 2011
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 76,850 JPY 1 JPY = 0,013 USD
US Dollar Canadian Dollar 1 USD = 1,023 CAD 1 CAD = 0,977 USD
US Dollar Swiss Franc 1 USD = 0,899 CHF 1 CHF = 1,112 USD
US Dollar Chinese Yuan 1 USD = 6,370 CNY 1 CNY = 0,157 USD
Euro Japanese Yen 1 EUR = 105,547 JPY 1 JPY = 0,009 EUR
Euro Pound Sterling 1 EUR = 0,872 GBP 1 GBP = 1,147 EUR
Euro Australian Dollar 1 EUR = 1,350 AUD 1 AUD = 0,741 EUR
Euro Canadian Dollar 1 EUR = 1,405 CAD 1 CAD = 0,712 EUR
Euro Swiss Franc 1 EUR = 1,235 CHF 1 CHF = 0,810 EUR
Euro Chinese Yuan 1 EUR = 8,749 CNY 1 CNY = 0,114 EUR
Japanese Yen Pound Sterling 1 JPY = 0,826 GBP 1 GBP = 1,211 JPY
Japanese Yen Australian Dollar 1 JPY = 1,279 AUD 1 AUD = 0,782 JPY
Japanese Yen Canadian Dollar 1 JPY = 1,331 CAD 1 CAD = 0,751 JPY
Japanese Yen Swiss Franc 1 JPY = 1,170 CHF 1 CHF = 0,855 JPY
Pound Sterling Australian Dollar 1 GBP = 1,548 AUD 1 AUD = 0,646 GBP
Pound Sterling Canadian Dollar 1 GBP = 1,611 CAD 1 CAD = 0,621 GBP
Pound Sterling Swiss Franc 1 GBP = 1,415 CHF 1 CHF = 0,707 GBP
Pound Sterling Chinese Yuan 1 GBP = 10,026 CNY 1 CNY = 0,100 GBP
Australian Dollar Canadian Dollar 1 AUD = 1,040 CAD 1 CAD = 0,962 AUD
Australian Dollar Swiss Franc 1 AUD = 0,914 CHF 1 CHF = 1,094 AUD
Australian Dollar Chinese Yuan 1 AUD = 6,473 CNY 1 CNY = 0,154 AUD
Canadian Dollar Swiss Franc 1 CAD = 0,879 CHF 1 CHF = 1,138 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6,224 CNY 1 CNY = 0,161 CAD
Swiss Franc Chinese Yuan 1 CHF = 7,083 CNY 1 CNY = 0,141 CHF

See what else happened on October 17, 2011