Financial news on October 20, 2008

Business and Financial news
Insiders’ Share Sales on Margin on the Rise

Executives can sometimes appear to own shares in a company, but have actually pledged them as collateral for a loan. Read more..

By REED ABELSON - The New York Times

Office Workers, Ivanka Trump Is Thinking of You

The daughter of Donald Trump has taken to blogging about saving money on lunch. Read more..

By STEPHANIE CLIFFORD - The New York Times

Spending on Gadgets Is Projected to Grow at a Slower Rate

The Consumer Electronics Association found a drop in the percentage of consumers expressing an intention to buy video games, cameras, music players and laptops. Read more..

By MATT RICHTEL - The New York Times

Too Many Banks ‘Too Big to Fail’

Policy makers need to start thinking about how to downsize institutions that are becoming “too big to fail” before the situation comes to that. Read more..

By BREAKINGVIEWS.COM - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE20.2620.3719.4320.1494.6M
MicrosoftMSFT24.2024.7523.0124.7293.5M
IntelINTC15.5016.1115.4416.0474.1M
Cisco SystemsCSCO18.3519.0117.8118.9666.7M
AppleAAPL99.78100.0393.6498.4455.3M
PfizerPFE17.2517.4916.8617.3454M
Wells Fargo & Co.WFC32.7333.0031.1032.2352.1M
ExxonMobilXOM70.3775.0069.7474.9944.9M
JPMorgan ChaseJPM40.0140.7038.8040.6644.7M
Oracle Corp.ORCL17.3618.1617.1018.1642.6M
AT&T Inc.T25.6827.0825.2926.9935.2M
Wal-Mart StoresWMT54.6554.6952.3854.4328.4M
MerckMRK29.2631.3128.6331.0027.2M
Bristol-Myers SquibbBMY18.1518.6217.9018.4027.1M
ConocoPhillipsCOP54.4058.0052.8157.7322.7M
ComcastCMCSA15.2815.9715.2215.9722.5M
HP Inc.HPQ40.3041.2739.1041.0121.7M
Abbott LaboratoriesABT55.9257.9955.3757.5519.8M
AltriaMO19.9320.4419.5120.3619.6M
Home DepotHD20.4721.0020.1120.7818.4M
ChevronCVX64.1070.0064.0069.6118.3M
Johnson & JohnsonJNJ63.4464.5362.1564.4418M
Verizon CommunicationsVZ27.6129.0427.2228.9916.6M
Procter & GamblePG62.5464.1261.1063.9116.6M
SchlumbergerSLB51.7955.9651.6255.7416.2M
Walt Disney & Co.DIS24.9626.5524.5926.5514.1M
Coca-ColaKO45.0946.8744.5346.4613.9M
AlphabetGOOGL379.75380.98359.59379.3213.5M
PepsicoPEP54.5456.7653.8556.7613.1M
United TechnologiesUTX51.3552.2949.2552.2311M
Gilead SciencesGILD43.0346.5742.9446.4910.8M
AmgenAMGN50.5553.4550.3353.3510.2M
International Business MachinesIBM92.2193.3189.3392.519.75M
UnitedHealth GroupUNH24.6225.6124.2025.519.74M
VisaV53.3153.8251.1252.018.99M
McDonald'sMCD54.8756.8654.2856.848.88M
AmazonAMZN52.1753.1049.9152.978.45M
BoeingBA44.7446.7743.7246.717.81M
3MMMM57.6757.6755.0057.516.67M
Union PacificUNP57.0659.2055.5458.886.36M
Berkshire HathawayBRK.B4040.004132.004020.004129.0039K
Exchange Rates of October 20, 2008
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 102.120 JPY1 JPY = 0.010 USD
US DollarCanadian Dollar1 USD = 1.192 CAD1 CAD = 0.839 USD
US DollarSwiss Franc1 USD = 1.150 CHF1 CHF = 0.869 USD
US DollarChinese Yuan1 USD = 6.830 CNY1 CNY = 0.146 USD
EuroJapanese Yen1 EUR = 136.080 JPY1 JPY = 0.007 EUR
EuroPound Sterling1 EUR = 0.777 GBP1 GBP = 1.287 EUR
EuroAustralian Dollar1 EUR = 1.895 AUD1 AUD = 0.528 EUR
EuroCanadian Dollar1 EUR = 1.590 CAD1 CAD = 0.629 EUR
EuroSwiss Franc1 EUR = 1.534 CHF1 CHF = 0.652 EUR
EuroChinese Yuan1 EUR = 9.107 CNY1 CNY = 0.110 EUR
Japanese YenPound Sterling1 JPY = 0.571 GBP1 GBP = 1.753 JPY
Japanese YenAustralian Dollar1 JPY = 1.392 AUD1 AUD = 0.719 JPY
Japanese YenCanadian Dollar1 JPY = 1.167 CAD1 CAD = 0.857 JPY
Japanese YenSwiss Franc1 JPY = 1.126 CHF1 CHF = 0.888 JPY
Pound SterlingAustralian Dollar1 GBP = 2.438 AUD1 AUD = 0.410 GBP
Pound SterlingCanadian Dollar1 GBP = 2.045 CAD1 CAD = 0.489 GBP
Pound SterlingSwiss Franc1 GBP = 1.973 CHF1 CHF = 0.507 GBP
Pound SterlingChinese Yuan1 GBP = 11.713 CNY1 CNY = 0.085 GBP
Australian DollarCanadian Dollar1 AUD = 0.838 CAD1 CAD = 1.193 AUD
Australian DollarSwiss Franc1 AUD = 0.809 CHF1 CHF = 1.236 AUD
Australian DollarChinese Yuan1 AUD = 4.806 CNY1 CNY = 0.208 AUD
Canadian DollarSwiss Franc1 CAD = 0.965 CHF1 CHF = 1.037 CAD
Canadian DollarChinese Yuan1 CAD = 5.727 CNY1 CNY = 0.175 CAD
Swiss FrancChinese Yuan1 CHF = 5.934 CNY1 CNY = 0.169 CHF

See what else happened on October 20, 2008