Financial news on October 21st, 2011
Business and Financial news
Before you run out of the office, take a look back on our reporting of the past week’s highs and lows in finance. Read more..
Germany and France postpone summit meeting that many hoped would produce comprehensive plan to address European sovereign debt crisis; delay reinforces fears that politics are getting in the way of cooperation. Read more..
AT&T says disappointing third-quarter earnings reflect steep decline in iPhone activations; profit was $3.6 billion, or 61 cents a share, compared with profit of $12.3 billion, or $2.07 a share, in year-ago quarter. Read more..
Investors are skeptical as Kodak spends hundreds of millions of dollars to become front-runner in inkjet printer business; analysts say consumers increasingly prefer digital copies on computers and tablets over printouts. Read more..
Reuters Breakingviews; Cisco is focusing on bottom line after years of chasing growth, but investors are still unlikely to see big gains; calculations indicate that if Greece underwent proper debt restructuring, private bondholders could bear most of the losses. Read more..
Stocks of Nokia and Ericsson, struggling Scandinavian cellphone companies, surge following reports of better-than expected financial results; Nokia reports third-quarter loss of $93.6 million , while Ericsson reports sales of $8.4 billion. Read more..
Guy Lofalk, court-appointed administrator overseeing voluntary reorganization at Saab, will recommend halt to process, removing last barrier to company's collapse. Read more..
Advertising column; DHL Express, along with shipping rivals UPS and FedEx, are rolling out advertising campaigns that emphasize their international service to American customers. Read more..
Dow Jones industrial average gains 37.16 points, or 0.32 percent, to 11,541.78; Standard & Poor's 500-stock index gains 5.51 points, or 0.46 percent, to 1,215.39; Nasdaq composite index slips 5.42 points, or 0.21 percent, to 2,598.62. Read more..
Citing rising costs, Wal-Mart is substantially rolling back coverage for part-time workers and significantly raising premiums for many full-time staff. Read more..
Stock Markets
Values are reported in US Dollars
Stock | Ticker symbol | Open | High | Low | Close | Volume |
Intel | INTC | 23.86 | 24.25 | 23.80 | 24.03 | 123M |
General Electric | GE | 16.37 | 16.53 | 16.13 | 16.31 | 114M |
Microsoft | MSFT | 27.15 | 27.19 | 26.80 | 27.16 | 76.6M |
Wells Fargo & Co. | WFC | 26.09 | 26.48 | 25.91 | 26.31 | 49.6M |
JPMorgan Chase | JPM | 33.48 | 34.04 | 33.01 | 33.42 | 48.4M |
Pfizer | PFE | 18.90 | 19.20 | 18.90 | 19.06 | 46.7M |
Cisco Systems | CSCO | 17.33 | 17.60 | 17.19 | 17.38 | 46.2M |
Oracle Corp. | ORCL | 31.94 | 32.25 | 31.82 | 32.12 | 32.8M |
AT&T Inc. | T | 29.25 | 29.37 | 28.98 | 29.13 | 30.2M |
Abbott Laboratories | ABT | 54.58 | 54.65 | 53.61 | 53.86 | 27.9M |
ExxonMobil | XOM | 79.59 | 80.16 | 79.18 | 80.13 | 27.9M |
Apple | AAPL | 398.10 | 399.14 | 390.75 | 392.87 | 22.2M |
Schlumberger | SLB | 68.64 | 69.28 | 66.52 | 67.38 | 21.6M |
Merck | MRK | 33.16 | 33.42 | 33.09 | 33.35 | 18M |
Verizon Communications | VZ | 37.16 | 37.46 | 36.68 | 37.42 | 17.6M |
Comcast | CMCSA | 23.79 | 24.36 | 23.76 | 24.33 | 17.6M |
Altria | MO | 27.53 | 27.63 | 27.31 | 27.45 | 15.6M |
HP Inc. | HPQ | 25.05 | 25.58 | 24.98 | 25.38 | 15M |
Wal-Mart Stores | WMT | 56.74 | 57.42 | 56.65 | 56.92 | 14.5M |
Home Depot | HD | 36.15 | 36.86 | 35.99 | 36.86 | 14.1M |
Walt Disney & Co. | DIS | 34.18 | 35.16 | 34.09 | 35.16 | 13.7M |
Johnson & Johnson | JNJ | 63.11 | 63.84 | 62.89 | 63.78 | 13.2M |
Procter & Gamble | PG | 65.61 | 66.30 | 65.47 | 66.26 | 13M |
General Motors | GM | 23.40 | 24.38 | 23.20 | 24.35 | 12.4M |
McDonald's | MCD | 91.22 | 92.45 | 91.09 | 92.32 | 12.1M |
ConocoPhillips | COP | 71.01 | 72.00 | 70.88 | 71.83 | 11.8M |
Coca-Cola | KO | 67.94 | 68.32 | 67.46 | 68.19 | 11.6M |
Bristol-Myers Squibb | BMY | 32.40 | 32.79 | 32.38 | 32.56 | 11.3M |
Chevron | CVX | 104.50 | 105.84 | 104.21 | 105.53 | 10.9M |
Pepsico | PEP | 62.57 | 62.88 | 62.00 | 62.28 | 10.7M |
UnitedHealth Group | UNH | 47.43 | 48.50 | 47.31 | 47.92 | 9.22M |
Berkshire Hathaway | BRK.B | 76.30 | 77.50 | 75.92 | 77.45 | 8.06M |
International Business Machines | IBM | 179.11 | 181.67 | 178.75 | 181.63 | 8.05M |
Gilead Sciences | GILD | 41.39 | 41.80 | 41.13 | 41.47 | 7M |
Alphabet | GOOGL | 589.51 | 592.75 | 586.70 | 590.49 | 6.78M |
Amgen | AMGN | 57.70 | 58.63 | 57.50 | 58.59 | 6.35M |
Boeing | BA | 63.31 | 64.64 | 63.10 | 64.59 | 6.25M |
United Technologies | UTX | 75.00 | 75.84 | 74.53 | 75.56 | 6.05M |
Union Pacific | UNP | 95.43 | 97.00 | 94.98 | 96.96 | 5.16M |
3M | MMM | 79.38 | 80.56 | 78.98 | 80.48 | 5.13M |
Amazon | AMZN | 236.91 | 237.00 | 230.60 | 234.78 | 4.57M |
Visa | V | 92.49 | 93.43 | 91.90 | 93.43 | 3.53M |
Exchange Rates of October 21st, 2011
Currencies | Exchange Rates | ||
US Dollar | Japanese Yen | 1 USD = 76.270 JPY | 1 JPY = 0.013 USD |
US Dollar | Canadian Dollar | 1 USD = 1.007 CAD | 1 CAD = 0.993 USD |
US Dollar | Swiss Franc | 1 USD = 0.882 CHF | 1 CHF = 1.134 USD |
US Dollar | Chinese Yuan | 1 USD = 6.383 CNY | 1 CNY = 0.157 USD |
Euro | Japanese Yen | 1 EUR = 105.930 JPY | 1 JPY = 0.009 EUR |
Euro | Pound Sterling | 1 EUR = 0.871 GBP | 1 GBP = 1.148 EUR |
Euro | Australian Dollar | 1 EUR = 1.339 AUD | 1 AUD = 0.747 EUR |
Euro | Canadian Dollar | 1 EUR = 1.398 CAD | 1 CAD = 0.715 EUR |
Euro | Swiss Franc | 1 EUR = 1.226 CHF | 1 CHF = 0.816 EUR |
Euro | Chinese Yuan | 1 EUR = 8.871 CNY | 1 CNY = 0.113 EUR |
Japanese Yen | Pound Sterling | 1 JPY = 0.822 GBP | 1 GBP = 1.217 JPY |
Japanese Yen | Australian Dollar | 1 JPY = 1.263 AUD | 1 AUD = 0.792 JPY |
Japanese Yen | Canadian Dollar | 1 JPY = 1.320 CAD | 1 CAD = 0.758 JPY |
Japanese Yen | Swiss Franc | 1 JPY = 1.158 CHF | 1 CHF = 0.864 JPY |
Pound Sterling | Australian Dollar | 1 GBP = 1.537 AUD | 1 AUD = 0.651 GBP |
Pound Sterling | Canadian Dollar | 1 GBP = 1.605 CAD | 1 CAD = 0.623 GBP |
Pound Sterling | Swiss Franc | 1 GBP = 1.408 CHF | 1 CHF = 0.710 GBP |
Pound Sterling | Chinese Yuan | 1 GBP = 10.185 CNY | 1 CNY = 0.098 GBP |
Australian Dollar | Canadian Dollar | 1 AUD = 1.044 CAD | 1 CAD = 0.957 AUD |
Australian Dollar | Swiss Franc | 1 AUD = 0.912 CHF | 1 CHF = 1.096 AUD |
Australian Dollar | Chinese Yuan | 1 AUD = 6.626 CNY | 1 CNY = 0.151 AUD |
Canadian Dollar | Swiss Franc | 1 CAD = 0.875 CHF | 1 CHF = 1.143 CAD |
Canadian Dollar | Chinese Yuan | 1 CAD = 6.343 CNY | 1 CNY = 0.158 CAD |
Swiss Franc | Chinese Yuan | 1 CHF = 7.233 CNY | 1 CNY = 0.138 CHF |
See what else happened on October 21st, 2011