Financial news on November 19, 2007

Business and Financial news
After Global Agreement, Companies May Bid Higher at Wireless Auction in U.S.

A global agreement on the versatile 700-megahertz band of ultra-high frequencies could help boost confidence, and prices, in January’s U.S. auction of wireless spectrum. Read more..

By VICTORIA SHANNON - The New York Times

A Guerrilla Video Site Meets MTV

Vice magazine, known for a raw, ironic sensibility, risqué photographs and a willingness to deal in taboo subjects, is now giving Viacom a lab for Web programming. Read more..

By ROBERT LEVINE - The New York Times

Celgene to Acquire Pharmion

The biotech company Celgene said Sunday that it would pay $2.9 billion in cash and stock to acquire Pharmion, strengthening Celgene’s cancer drug portfolio and its distribution in Europe. Read more..

By ANDREW POLLACK - The New York Times

Hewlett-Packard Beats Earnings Estimates

H.P.’s returns come as other major technology companies have spooked Wall Street by cautioning of a slow down in spending by their corporate customers in the U.S. Read more..

By MATT RICHTEL - The New York Times

Publishers Seek to Mine Book Circles

Increasingly, authors and publishers are tipping their hats to the power of book groups in helping to fuel sales. Read more..

By JOANNE KAUFMAN - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
AT&T Inc.T39.4939.4937.4637.7549.6M
Cisco SystemsCSCO29.7629.9929.2829.4343.5M
Wells Fargo & Co.WFC31.0131.1229.8330.5340.6M
General ElectricGE38.4838.5138.0038.1635.4M
JPMorgan ChaseJPM42.5042.8441.1941.3729.7M
Oracle Corp.ORCL20.6520.8820.3220.5329M
HP Inc.HPQ50.8751.5149.2549.4427.2M
Home DepotHD28.8328.8328.0228.1922M
Johnson & JohnsonJNJ67.4668.0167.4467.5919.2M
Verizon CommunicationsVZ43.5043.7542.5843.0517.8M
Bristol-Myers SquibbBMY27.5628.4527.5628.0316.7M
Wal-Mart StoresWMT46.0046.3545.2545.4715M
Walt Disney & Co.DIS32.2632.3031.1531.2514.6M
Procter & GamblePG72.8773.2972.2872.8211.3M
Abbott LaboratoriesABT54.8655.2554.6554.8210.3M
International Business MachinesIBM104.34105.39101.34102.229.5M
UnitedHealth GroupUNH53.2553.6953.0253.498.23M
Gilead SciencesGILD44.5844.5842.7643.287.35M
United TechnologiesUTX73.8574.0872.8373.535.53M
Union PacificUNP125.92126.08124.08124.702.97M
Berkshire HathawayBRK.B4544.004565.004527.004565.0020.1K
Exchange Rates of November 19, 2007
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 109.790 JPY1 JPY = 0.009 USD
US DollarCanadian Dollar1 USD = 0.984 CAD1 CAD = 1.016 USD
US DollarSwiss Franc1 USD = 1.115 CHF1 CHF = 0.897 USD
US DollarChinese Yuan1 USD = 7.427 CNY1 CNY = 0.135 USD
EuroJapanese Yen1 EUR = 161.040 JPY1 JPY = 0.006 EUR
EuroPound Sterling1 EUR = 0.715 GBP1 GBP = 1.398 EUR
EuroAustralian Dollar1 EUR = 1.658 AUD1 AUD = 0.603 EUR
EuroCanadian Dollar1 EUR = 1.443 CAD1 CAD = 0.693 EUR
EuroSwiss Franc1 EUR = 1.636 CHF1 CHF = 0.611 EUR
Japanese YenPound Sterling1 JPY = 0.444 GBP1 GBP = 2.253 JPY
Japanese YenAustralian Dollar1 JPY = 1.029 AUD1 AUD = 0.972 JPY
Japanese YenCanadian Dollar1 JPY = 0.896 CAD1 CAD = 1.116 JPY
Japanese YenSwiss Franc1 JPY = 1.015 CHF1 CHF = 0.985 JPY
Pound SterlingAustralian Dollar1 GBP = 2.319 AUD1 AUD = 0.431 GBP
Pound SterlingCanadian Dollar1 GBP = 2.018 CAD1 CAD = 0.496 GBP
Pound SterlingSwiss Franc1 GBP = 2.286 CHF1 CHF = 0.437 GBP
Australian DollarCanadian Dollar1 AUD = 0.870 CAD1 CAD = 1.150 AUD
Australian DollarSwiss Franc1 AUD = 0.986 CHF1 CHF = 1.015 AUD
Canadian DollarSwiss Franc1 CAD = 1.133 CHF1 CHF = 0.883 CAD

See what else happened on November 19, 2007