Financial news on November 21, 2007

Business and Financial news
A Faded Downtown Gets Luxury Housing, but Retailers Stay Away

To optimists, huge investments by major developers provide proof that New Rochelle, New York’s renaissance has begun. Yet there remain few signs of renewed economic vitality downtown. Read more..

By ELSA BRENNER - The New York Times

Goldman Sachs Starts Drive to Build Philanthropy Fund

On the back of record profit so far this year, Goldman Sachs is starting a donor-driven philanthropy fund that aims to reach $1 billion over the next few years. Read more..

By JENNY ANDERSON - The New York Times

In New Orleans, a Test of Mixed-Income Housing

Despite the havoc wrought by Hurricane Katrina around this city, one slice of the devastated housing market is showing resurgence. Read more..

By TERRY PRISTIN - The New York Times

John D. Rock, Former G.M. Executive, Is Dead at 71

John D. Rock was a blunt-talking General Motors executive who tried unsuccessfully to save the Oldsmobile division. Read more..

By MICHELINE MAYNARD - The New York Times

Loan Crisis Entangles Freddie Mac

Losses at the big mortgage finance company on Tuesday underscored the continuing turmoil in the housing industry. Read more..

By MICHAEL M. GRYNBAUM - The New York Times

Making Social Connections and Selling Cookies

Pepperidge Farm is creating a Web site devoted to social networking and targeted at women who are looking to improve their social lives. Read more..

By STUART ELLIOTT - The New York Times

Merrill Fires Executive in Asian Unit

Merrill Lynch ousted the co-head of its Asian fixed-income business amid a management shake-up after $8.4 billion of losses on subprime mortgage-related securities and bad loans. Read more..

By BLOOMBERG NEWS - The New York Times

Travelers’ Odds Decline on Airline Baggage

Despite increased efforts by the airlines, millions of travelers’ bags still fail to reach the carousel. Read more..

By JEFF BAILEY - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Microsoft MSFT 34.40 34.73 34.18 34.23 89.5M
Intel INTC 25.23 25.29 24.54 24.63 69.5M
General Electric GE 37.67 37.99 36.94 37.17 64.5M
Cisco Systems CSCO 28.38 28.75 28.11 28.25 54M
Pfizer PFE 22.52 22.74 22.29 22.35 44.2M
Apple AAPL 165.84 172.35 164.67 168.46 43.5M
Wells Fargo & Co. WFC 30.14 30.57 29.83 29.92 41.5M
Oracle Corp. ORCL 20.25 20.63 20.02 20.21 29.4M
JPMorgan Chase JPM 40.81 42.00 40.15 40.68 26.8M
ExxonMobil XOM 87.62 88.62 86.73 87.04 22.8M
Comcast CMCSA 19.25 19.45 19.06 19.19 20.7M
AT&T Inc. T 38.10 38.10 37.45 37.45 18M
Wal-Mart Stores WMT 45.23 45.41 44.68 44.86 17.5M
Johnson & Johnson JNJ 67.36 67.65 66.94 67.14 15M
Bristol-Myers Squibb BMY 28.01 28.05 27.34 27.46 14.7M
ConocoPhillips COP 78.67 80.12 77.68 77.82 14.6M
HP Inc. HPQ 48.46 49.92 48.46 48.88 14.4M
Alphabet GOOGL 643.77 669.97 642.08 660.52 14M
Merck MRK 57.02 57.55 55.53 56.52 13.2M
Verizon Communications VZ 42.95 43.09 41.95 41.95 12.6M
Home Depot HD 28.00 28.39 27.81 28.05 12.6M
Abbott Laboratories ABT 55.01 55.49 54.56 54.73 11.7M
Chevron CVX 87.96 88.49 85.59 85.75 11.4M
Procter & Gamble PG 72.99 73.80 72.09 72.26 10.4M
Altria MO 73.39 73.80 72.41 72.41 9.49M
McDonald's MCD 58.33 58.40 57.32 57.33 9.12M
Coca-Cola KO 62.77 63.45 62.14 62.25 9.03M
Amgen AMGN 53.50 53.94 52.59 52.84 8.84M
Walt Disney & Co. DIS 31.35 31.70 31.12 31.50 8.66M
Schlumberger SLB 92.53 94.48 91.07 91.78 8.2M
Pepsico PEP 75.00 76.29 74.42 75.04 7.71M
International Business Machines IBM 101.41 104.09 101.41 102.22 7.1M
Boeing BA 86.98 88.50 86.75 87.41 7.09M
UnitedHealth Group UNH 53.95 54.40 53.11 53.41 7.02M
Amazon AMZN 79.24 80.86 78.65 79.76 6.68M
Gilead Sciences GILD 43.41 44.04 42.97 43.06 5.45M
3M MMM 81.60 82.50 81.24 81.24 4.7M
United Technologies UTX 74.02 74.13 72.68 72.78 4.39M
Union Pacific UNP 125.07 125.45 122.06 122.91 2.4M
Berkshire Hathaway BRK.B 4550.00 4550.00 4465.00 4471.50 29.9K
Exchange Rates of November 21, 2007
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 108.370 JPY 1 JPY = 0.009 USD
US Dollar Canadian Dollar 1 USD = 0.987 CAD 1 CAD = 1.014 USD
US Dollar Swiss Franc 1 USD = 1.102 CHF 1 CHF = 0.908 USD
US Dollar Chinese Yuan 1 USD = 7.411 CNY 1 CNY = 0.135 USD
Euro Japanese Yen 1 EUR = 161.020 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.719 GBP 1 GBP = 1.390 EUR
Euro Australian Dollar 1 EUR = 1.706 AUD 1 AUD = 0.586 EUR
Euro Canadian Dollar 1 EUR = 1.466 CAD 1 CAD = 0.682 EUR
Euro Swiss Franc 1 EUR = 1.637 CHF 1 CHF = 0.611 EUR
Japanese Yen Pound Sterling 1 JPY = 0.447 GBP 1 GBP = 2.240 JPY
Japanese Yen Australian Dollar 1 JPY = 1.059 AUD 1 AUD = 0.944 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.910 CAD 1 CAD = 1.099 JPY
Japanese Yen Swiss Franc 1 JPY = 1.016 CHF 1 CHF = 0.984 JPY
Pound Sterling Australian Dollar 1 GBP = 2.371 AUD 1 AUD = 0.422 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.038 CAD 1 CAD = 0.491 GBP
Pound Sterling Swiss Franc 1 GBP = 2.275 CHF 1 CHF = 0.440 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.859 CAD 1 CAD = 1.165 AUD
Australian Dollar Swiss Franc 1 AUD = 0.959 CHF 1 CHF = 1.043 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.116 CHF 1 CHF = 0.896 CAD

See what else happened on November 21, 2007