Financial news on October 20, 2011

Business and Financial news
Authors to Get Sales Data Online From 3 Big Publishers

Simon & Schuster, Random House and the Hachette Book Group plan to allow authors to access book sales figures directly online, matching a service Amazon has provided to authors since 2010. Read more..

By JULIE BOSMAN - The New York Times

Food and Gasoline Helped Push the Consumer Price Index Higher in September

Rising cost of gasoline helps push up the price index, but the pressure is expected to ease in the months ahead; Labor Dept reports it rose 0.3 percent in September compared with 0.4 percent rise in August. Read more..

By CHRISTINE HAUSER - The New York Times

Investment Banking’s Uncertain Future at UBS

UBS is trying to shrink its investment banking business enough to satisfy investors and Swiss regulators without disrupting its other operations. Read more..

By JULIA WERDIGIER - The New York Times

Japan and South Korea Strengthen Currency Ties

The new arrangements expand a $13 billion credit line each of the two countries guarantees for the other. The increase will give South Korea more leverage to defend its currency. Read more..

By SANG-HUN CHOE - International Herald Tribune

Jobs Tried Exotic Treatments to Combat Cancer, Book Says

A 630-page biography on Steve Jobs also includes previously unknown details about his romantic life, his marriage, his relationship with his sister and his business dealings. Read more..

By STEVE LOHR - The New York Times

Listeria Outbreak Traced to Cantaloupe Packing Shed

Officials say that nationwide listeria outbreak that has killed 25 people who ate tainted cantaloupe was likely caused by unsanitary conditions in the packing shed of Jensen Farms, in Granada, Colo, where the melons were grown; outbreak is the deadliest caused by foodborne disease since 1985 with a total of 123 people in 26 states affected. Read more..

By WILLIAM NEUMAN - The New York Times

Morning Take-Out

Highlights from the DealBook newsletter. Read more..

By WILLIAM ALDEN - The New York Times

Olympus Faces Credibility Gap

Reuters BreakingViews column; Olympus could be forced to take write-downs or delist as it faces credibility issues; Singapore investment fund Temasek appears at first glance to have hit on a clever way of raising money cheaply. Read more..

By WAYNE ARNOLD and JOHN FOLEY - The New York Times

Perry Says He Backs Flat Tax, Drawing a Contrast With Romney

Rick Perry announces his support for flat tax, sharpening contrast with his Republican rival Mitt Romney and capitalizing on popular frustration with tax system among Republican primary voters. Read more..

By CATHERINE RAMPELL and RICHARD A. OPPEL Jr - The New York Times

Six Companies Stay Anonymous in Solar Case

Commerce Department rules allow companies to keep their involvement anonymous to avoid retaliation by other countries. Read more..

By KEITH BRADSHER - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Intel INTC 23,88 23,88 23,35 23,61 88.7M
Microsoft MSFT 27,26 27,34 26,40 27,04 76.3M
General Electric GE 16,57 16,80 16,33 16,63 55.1M
Pfizer PFE 18,78 18,95 18,52 18,73 42M
JPMorgan Chase JPM 32,32 33,19 31,67 33,13 41.7M
Cisco Systems CSCO 17,20 17,26 16,80 17,19 39.7M
Abbott Laboratories ABT 53,50 54,38 53,30 54,05 36.5M
Wells Fargo & Co. WFC 25,24 25,91 24,92 25,76 35.4M
AT&T Inc. T 28,79 29,05 28,63 28,99 31.4M
Oracle Corp. ORCL 31,59 31,75 30,88 31,53 25.1M
ExxonMobil XOM 78,32 79,11 77,83 78,71 22.2M
Apple AAPL 400,00 400,35 394,21 395,31 19.6M
HP Inc. HPQ 24,89 25,02 24,25 24,74 18.7M
Comcast CMCSA 23,61 23,87 23,03 23,57 15M
Merck MRK 32,70 32,94 32,31 32,80 13.6M
Schlumberger SLB 68,00 68,81 66,50 67,99 13.1M
Altria MO 27,44 27,81 27,23 27,25 13M
Wal-Mart Stores WMT 56,20 56,88 56,05 56,37 12.6M
Verizon Communications VZ 36,87 37,25 36,62 37,10 12.4M
Bristol-Myers Squibb BMY 32,40 32,67 32,26 32,44 11.6M
Johnson & Johnson JNJ 62,96 63,13 62,31 62,53 11.6M
ConocoPhillips COP 69,48 70,62 69,00 70,27 11.3M
General Motors GM 23,02 23,18 22,51 22,96 9.49M
Home Depot HD 35,60 35,85 35,16 35,73 9.48M
Chevron CVX 102,68 103,66 101,72 103,39 8.71M
UnitedHealth Group UNH 46,68 46,99 45,94 46,88 7.99M
Procter & Gamble PG 64,90 65,28 64,47 65,09 7.73M
International Business Machines IBM 178,13 179,24 176,17 177,25 7.51M
Walt Disney & Co. DIS 33,85 34,12 33,25 33,84 7.32M
McDonald's MCD 90,00 90,15 88,38 89,01 6.97M
Alphabet GOOGL 581,90 588,89 579,51 583,67 6.75M
Coca-Cola KO 67,49 67,58 66,58 67,12 6.66M
Boeing BA 63,01 63,73 62,18 62,49 6.29M
Berkshire Hathaway BRK.B 74,39 76,00 74,23 75,87 6.26M
Pepsico PEP 62,28 62,46 61,89 62,12 6.21M
Gilead Sciences GILD 40,80 41,25 40,40 41,01 5.99M
Union Pacific UNP 93,18 95,98 93,00 94,59 5.42M
United Technologies UTX 73,58 74,65 72,57 74,25 5.02M
Amazon AMZN 232,13 234,74 229,80 233,61 4.52M
Visa V 90,80 91,97 90,27 91,35 4.41M
3M MMM 77,77 79,06 77,11 78,68 4.09M
Amgen AMGN 57,49 57,80 56,43 57,27 4.09M
Exchange Rates of October 20, 2011
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 76,820 JPY 1 JPY = 0,013 USD
US Dollar Canadian Dollar 1 USD = 1,016 CAD 1 CAD = 0,984 USD
US Dollar Swiss Franc 1 USD = 0,894 CHF 1 CHF = 1,119 USD
US Dollar Chinese Yuan 1 USD = 6,384 CNY 1 CNY = 0,157 USD
Euro Japanese Yen 1 EUR = 105,840 JPY 1 JPY = 0,009 EUR
Euro Pound Sterling 1 EUR = 0,872 GBP 1 GBP = 1,146 EUR
Euro Australian Dollar 1 EUR = 1,346 AUD 1 AUD = 0,743 EUR
Euro Canadian Dollar 1 EUR = 1,400 CAD 1 CAD = 0,714 EUR
Euro Swiss Franc 1 EUR = 1,232 CHF 1 CHF = 0,811 EUR
Euro Chinese Yuan 1 EUR = 8,795 CNY 1 CNY = 0,114 EUR
Japanese Yen Pound Sterling 1 JPY = 0,824 GBP 1 GBP = 1,214 JPY
Japanese Yen Australian Dollar 1 JPY = 1,271 AUD 1 AUD = 0,787 JPY
Japanese Yen Canadian Dollar 1 JPY = 1,322 CAD 1 CAD = 0,756 JPY
Japanese Yen Swiss Franc 1 JPY = 1,164 CHF 1 CHF = 0,859 JPY
Pound Sterling Australian Dollar 1 GBP = 1,543 AUD 1 AUD = 0,648 GBP
Pound Sterling Canadian Dollar 1 GBP = 1,604 CAD 1 CAD = 0,623 GBP
Pound Sterling Swiss Franc 1 GBP = 1,411 CHF 1 CHF = 0,709 GBP
Pound Sterling Chinese Yuan 1 GBP = 10,080 CNY 1 CNY = 0,099 GBP
Australian Dollar Canadian Dollar 1 AUD = 1,039 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 = 6,533 CNY 1 CNY = 0,153 AUD
Canadian Dollar Swiss Franc 1 CAD = 0,879 CHF 1 CHF = 1,137 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6,287 CNY 1 CNY = 0,159 CAD
Swiss Franc Chinese Yuan 1 CHF = 7,139 CNY 1 CNY = 0,140 CHF

See what else happened on October 20, 2011