Financial news on November 19th, 2009

Business and Financial news
A $25 App Phone? That’s Crazy Talk.

This week, Palm released a follow up to the Pre, a cheaper, thinner, lesser phone called the Pixi. The official price is $100 with a two-year Sprint contract, but Amazon is selling the thing for — are you sitting down? — $25. Read more..

By DAVID POGUE - The New York Times

App of the Week: RoadMate Is Easy to Use, but Costly

Magellan’s RoadMate iPhone app is useful, but the optional charging cradle pushes the price above many dash-top GPS units. Read more..

By ROY FURCHGOTT - The New York Times

Building an Online Bulwark to Fend Off Identity Fraud

A number of services go beyond reacting to identity thieves and instead aim to safeguard users’ personal information. Read more..

By RIVA RICHMOND - The New York Times

Conserving Power On a Netbook

Quitting unused programs and doing one thing at a time are among steps that can help maximize battery life. Read more..

By J. D. BIERSDORFER - The New York Times

Dueling Alliances Make Aid Offers to Japan Airlines

Delta offered $1 billion in aid to Japan Airlines, a proposal that American Airlines said it would top as the world’s biggest air carriers escalated a war for influence. Read more..

By HIROKO TABUCHI - The New York Times

Rising Prices of Drugs Lead to Call for Inquiry

Responding to news reports of unusually high wholesale price increases in brand-name prescription drugs, four House leaders and one senator asked for government reviews of the pricing practices. Read more..

By DUFF WILSON - The New York Times

Some Organizers Protest Their Union’s Tactics

Unite Here organizers are speaking out against what they say is a longstanding practice in which officials pressured subordinates to disclose personal information. Read more..


U.S. Home Building Unexpectedly Slumps in October

Construction of new homes plunged as builders waited to see whether a tax credit for buyers would be extended, the government reported on Wednesday. Read more..

By JAVIER C. HERNANDEZ - The New York Times

Wade F. B. Thompson, Who Rebuilt Airstream Brand, Dies at 69

Mr. Thompson and his partner bought travel trailer businesses, including the popular Airstream brand, which they built up after a difficult period. Read more..

By DAVID SEGAL - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE15,9215,9615,5715,7669.8M
Cisco SystemsCSCO23,8723,8823,4123,6838.1M
Wells Fargo & Co.WFC28,5928,6328,1428,3230.8M
JPMorgan ChaseJPM43,1043,1842,2642,5526.9M
AT&T Inc.T26,1826,2125,9626,1124.1M
Bristol-Myers SquibbBMY24,4524,4923,8524,0321.4M
Oracle Corp.ORCL22,6922,7122,2322,3917.7M
Wal-Mart StoresWMT54,0054,6553,7654,5417.4M
HP Inc.HPQ50,1950,3549,3249,8215.1M
Abbott LaboratoriesABT52,8953,2052,5752,9614.1M
Johnson & JohnsonJNJ62,3262,3262,3262,3213.3M
Home DepotHD27,2127,2426,8027,1111.3M
Verizon CommunicationsVZ30,4730,5730,2630,5211.3M
Procter & GamblePG62,1662,2961,5162,159.3M
Walt Disney & Co.DIS30,2630,4029,9230,218.15M
UnitedHealth GroupUNH28,6628,7227,8728,636.99M
Gilead SciencesGILD46,2546,6645,9046,525.44M
International Business MachinesIBM127,28127,84126,51127,545.31M
United TechnologiesUTX68,4868,4867,2968,014.21M
Union PacificUNP65,5965,5964,2564,674.13M
Berkshire HathawayBRK.B3450,003451,003427,503450,0028.9K
Exchange Rates of November 19th, 2009
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 88,970 JPY1 JPY = 0,011 USD
US DollarCanadian Dollar1 USD = 1,063 CAD1 CAD = 0,941 USD
US DollarSwiss Franc1 USD = 1,013 CHF1 CHF = 0,987 USD
US DollarChinese Yuan1 USD = 6,829 CNY1 CNY = 0,146 USD
EuroJapanese Yen1 EUR = 132,800 JPY1 JPY = 0,008 EUR
EuroPound Sterling1 EUR = 0,895 GBP1 GBP = 1,117 EUR
EuroAustralian Dollar1 EUR = 1,624 AUD1 AUD = 0,616 EUR
EuroCanadian Dollar1 EUR = 1,587 CAD1 CAD = 0,630 EUR
EuroSwiss Franc1 EUR = 1,512 CHF1 CHF = 0,662 EUR
EuroChinese Yuan1 EUR = 10,190 CNY1 CNY = 0,098 EUR
Japanese YenPound Sterling1 JPY = 0,674 GBP1 GBP = 1,484 JPY
Japanese YenAustralian Dollar1 JPY = 1,222 AUD1 AUD = 0,818 JPY
Japanese YenCanadian Dollar1 JPY = 1,195 CAD1 CAD = 0,837 JPY
Japanese YenSwiss Franc1 JPY = 1,138 CHF1 CHF = 0,879 JPY
Pound SterlingAustralian Dollar1 GBP = 1,813 AUD1 AUD = 0,551 GBP
Pound SterlingCanadian Dollar1 GBP = 1,772 CAD1 CAD = 0,564 GBP
Pound SterlingSwiss Franc1 GBP = 1,688 CHF1 CHF = 0,592 GBP
Pound SterlingChinese Yuan1 GBP = 11,367 CNY1 CNY = 0,088 GBP
Australian DollarCanadian Dollar1 AUD = 0,977 CAD1 CAD = 1,024 AUD
Australian DollarSwiss Franc1 AUD = 0,930 CHF1 CHF = 1,075 AUD
Australian DollarChinese Yuan1 AUD = 6,280 CNY1 CNY = 0,159 AUD
Canadian DollarSwiss Franc1 CAD = 0,952 CHF1 CHF = 1,050 CAD
Canadian DollarChinese Yuan1 CAD = 6,422 CNY1 CNY = 0,156 CAD
Swiss FrancChinese Yuan1 CHF = 6,740 CNY1 CNY = 0,148 CHF

See what else happened on November 19th, 2009