Financial news on November 18, 2008

Business and Financial news
A Bridge Loan? U.S. Should Guide G.M. in a Chapter 11

There is a fix to G.M.’s dance with disaster. Call it a government-sponsored bankruptcy. Read more..

By ANDREW ROSS SORKIN - The New York Times

Belgium: China Signs Product Safety Accord

Chinese officials signed an agreement with the European Union, promising to strengthen the exchange of information over faulty products. Read more..

By STEPHEN CASTLE - The New York Times

Clout Has Plunged for Automakers and Union, Too

The Detroit automakers and the United Automobile Workers union face stiff headwinds of public opinion as they push for a bailout. Read more..

By MICHELINE MAYNARD - The New York Times

Savings as Part of the Job

Employees on business trips are increasingly responsive to management’s call to cut travel costs. Read more..

By SUSAN STELLIN - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
General Electric GE 16,03 16,35 15,27 16,06 135M
Microsoft MSFT 19,50 19,66 18,75 19,62 109M
Intel INTC 13,12 13,23 12,51 13,11 96.9M
Wells Fargo & Co. WFC 27,97 28,37 25,83 27,20 81.6M
Cisco Systems CSCO 16,35 16,46 15,58 16,45 69.1M
HP Inc. HPQ 33,56 33,84 31,75 33,59 68M
JPMorgan Chase JPM 32,76 33,10 30,36 32,14 67.8M
Pfizer PFE 15,95 16,39 15,61 16,29 59M
ExxonMobil XOM 73,50 76,99 73,03 76,33 57.8M
Oracle Corp. ORCL 16,52 17,03 15,92 17,02 55.7M
AT&T Inc. T 26,55 27,27 25,50 26,57 45.5M
Apple AAPL 89,64 90,99 86,86 89,91 43.2M
Wal-Mart Stores WMT 51,68 53,57 50,97 52,72 36.6M
Procter & Gamble PG 62,25 64,49 60,76 64,25 35.5M
Home Depot HD 20,66 21,42 19,94 20,71 32.6M
Verizon Communications VZ 29,00 29,75 27,58 28,50 29.3M
Altria MO 16,26 16,96 16,00 16,96 26.7M
ConocoPhillips COP 47,05 50,22 46,52 49,89 26.3M
Comcast CMCSA 15,37 15,45 14,62 15,42 25.2M
Chevron CVX 70,98 74,05 70,00 73,40 23.6M
Abbott Laboratories ABT 55,79 56,88 54,50 56,57 23.4M
Walt Disney & Co. DIS 19,92 20,98 19,86 20,67 22M
Johnson & Johnson JNJ 58,78 61,00 58,46 60,89 21.2M
Bristol-Myers Squibb BMY 19,62 20,62 19,44 20,49 20.1M
Coca-Cola KO 43,32 43,75 42,03 43,49 19.5M
Merck MRK 25,68 26,70 25,07 26,13 18.2M
Alphabet GOOGL 301,57 303,73 285,35 297,42 16.7M
Amazon AMZN 39,73 40,66 36,08 38,44 15M
Gilead Sciences GILD 45,81 46,00 43,62 45,22 14.1M
Pepsico PEP 52,02 53,88 51,11 53,14 13.3M
Schlumberger SLB 48,36 50,40 47,44 50,23 13.2M
International Business Machines IBM 79,13 80,93 77,00 80,08 13.1M
McDonald's MCD 55,02 57,23 54,80 56,51 12.9M
UnitedHealth Group UNH 18,58 19,55 18,11 19,03 12.3M
Boeing BA 40,60 40,76 38,05 39,56 12.2M
Amgen AMGN 55,93 56,77 53,45 56,34 12.2M
3M MMM 60,23 62,42 59,50 62,17 9.22M
United Technologies UTX 47,65 49,50 47,20 49,32 9.06M
Visa V 52,79 55,08 52,61 54,64 7.87M
Union Pacific UNP 56,32 58,47 54,90 56,33 7.72M
Berkshire Hathaway BRK.B 3120,00 3210,00 3010,00 3125,00 62.8K
Exchange Rates of November 18, 2008
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 96,890 JPY 1 JPY = 0,010 USD
US Dollar Canadian Dollar 1 USD = 1,231 CAD 1 CAD = 0,812 USD
US Dollar Swiss Franc 1 USD = 1,203 CHF 1 CHF = 0,831 USD
US Dollar Chinese Yuan 1 USD = 6,825 CNY 1 CNY = 0,147 USD
Euro Japanese Yen 1 EUR = 122,390 JPY 1 JPY = 0,008 EUR
Euro Pound Sterling 1 EUR = 0,843 GBP 1 GBP = 1,186 EUR
Euro Australian Dollar 1 EUR = 1,932 AUD 1 AUD = 0,517 EUR
Euro Canadian Dollar 1 EUR = 1,554 CAD 1 CAD = 0,644 EUR
Euro Swiss Franc 1 EUR = 1,518 CHF 1 CHF = 0,659 EUR
Euro Chinese Yuan 1 EUR = 8,617 CNY 1 CNY = 0,116 EUR
Japanese Yen Pound Sterling 1 JPY = 0,689 GBP 1 GBP = 1,452 JPY
Japanese Yen Australian Dollar 1 JPY = 1,579 AUD 1 AUD = 0,633 JPY
Japanese Yen Canadian Dollar 1 JPY = 1,269 CAD 1 CAD = 0,788 JPY
Japanese Yen Swiss Franc 1 JPY = 1,240 CHF 1 CHF = 0,807 JPY
Pound Sterling Australian Dollar 1 GBP = 2,290 AUD 1 AUD = 0,437 GBP
Pound Sterling Canadian Dollar 1 GBP = 1,841 CAD 1 CAD = 0,543 GBP
Pound Sterling Swiss Franc 1 GBP = 1,799 CHF 1 CHF = 0,556 GBP
Pound Sterling Chinese Yuan 1 GBP = 10,205 CNY 1 CNY = 0,098 GBP
Australian Dollar Canadian Dollar 1 AUD = 0,804 CAD 1 CAD = 1,244 AUD
Australian Dollar Swiss Franc 1 AUD = 0,785 CHF 1 CHF = 1,274 AUD
Australian Dollar Chinese Yuan 1 AUD = 4,453 CNY 1 CNY = 0,225 AUD
Canadian Dollar Swiss Franc 1 CAD = 0,975 CHF 1 CHF = 1,026 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5,545 CNY 1 CNY = 0,180 CAD
Swiss Franc Chinese Yuan 1 CHF = 5,673 CNY 1 CNY = 0,176 CHF

See what else happened on November 18, 2008