Financial news on November 22, 2006

Business and Financial news
Another Lens Solution Recalled

The shares for Advanced Medical Optics fell 8.9 percent after 2.9 million bottles of Complete MoisturePlus were recalled. Read more..

By BLOOMBERG NEWS - The New York Times

AOL Dips Into Time Warner for a President

The new chief executive of AOL, Randy Falco, named Ronald E. Grant as president. Read more..

By BLOOMBERG NEWS - The New York Times

A Piazza for a Maryland Suburb

Rockville’s new mixed-use downtown aims to avoid the ‘Anyplace U.S.A.’ look. Read more..

By ELSA BRENNER - The New York Times

Executive at Stock Unit Said to Leave Hedge Fund

The head of global stocks at the Citadel Investment Group, a $12 billion Chicago-based hedge fund, has left the firm, according to a source. Read more..

By JENNY ANDERSON - The New York Times

G.M. Cancels Plan for Saturn Minivan

The minivan’s cancellation marks the third time that G.M. had seemingly promised a new product to the factory only to back out. Read more..

By NICK BUNKLEY - The New York Times

India: Infosys Plans a Big U.S. Offering

Infosys Technologies, the outsourcing company, will offer $1.6 billion worth of its shares in the United States, the biggest overseas offering by an Indian company. The 30 million American depository shares, each worth one common share, were price... Read more..

By SARITHA RAI - The New York Times

Japan: Trade Surplus Narrows

The country’s trade surplus narrowed more than expected as American demand cooled, signaling the impetus exports contributed to economic growth last quarter is fading. The trade surplus fell 24.8 percent, to 614.7 billion yen ($5.2 billion) in Oct... Read more..

By BLOOMBERG NEWS - The New York Times

Potato Marketers Back for Seconds This Thanksgiving

For Thanksgiving Day, the United States Potato Board will be opening pop-up stores, which are temporary stores that consumers can visit for a limited time. Read more..

By STUART ELLIOTT - The New York Times

Qantas Airways Approached by Australian-U.S. Private Equity Combination

Qantas was once state-owned and still has restrictions on ownership, and the Australian government retains a golden share it can use to veto any takeover plans. Read more..

By TIM JOHNSTON - The New York Times

Shares of Aircraft Parts Maker Surge on First Trading Day

Shares in the Spirit AeroSystems Holdings unit of Onex, the Canadian leveraged buyout company, rose 12 percent. Read more..

By IAN AUSTEN - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Microsoft MSFT 29.97 30.00 29.82 29.92 43.9M
Intel INTC 21.81 21.84 21.54 21.73 41.6M
Cisco Systems CSCO 26.93 26.99 26.75 26.91 27.1M
Apple AAPL 88.99 90.75 87.85 90.31 24M
Oracle Corp. ORCL 19.49 19.75 19.48 19.66 22.5M
Pfizer PFE 26.95 27.29 26.95 27.10 19.4M
General Electric GE 35.80 36.09 35.72 35.99 18.8M
AT&T Inc. T 32.66 32.81 32.47 32.67 16.2M
Home Depot HD 37.92 38.31 37.90 38.10 14.1M
HP Inc. HPQ 39.92 39.96 39.45 39.72 13.9M
ConocoPhillips COP 64.59 65.00 63.60 64.49 13.5M
Verizon Communications VZ 35.33 35.34 34.68 34.75 13.2M
Merck MRK 44.06 44.91 43.91 44.38 12.9M
ExxonMobil XOM 73.11 73.53 72.12 72.91 11.9M
Wal-Mart Stores WMT 47.81 48.21 47.76 48.03 10.8M
Comcast CMCSA 40.56 40.70 39.31 39.65 10.1M
Wells Fargo & Co. WFC 35.79 35.82 35.41 35.51 9.13M
Alphabet GOOGL 510.97 513.00 505.78 508.01 8.99M
Walt Disney & Co. DIS 33.23 33.28 32.77 32.99 8.42M
Chevron CVX 70.22 70.50 69.02 69.60 7.39M
Johnson & Johnson JNJ 66.51 66.95 66.49 66.77 6.99M
Schlumberger SLB 65.22 65.71 64.07 65.18 6.78M
Bristol-Myers Squibb BMY 24.68 24.80 24.44 24.73 6.61M
JPMorgan Chase JPM 47.60 47.89 47.38 47.59 5.92M
Amgen AMGN 73.20 73.29 72.58 72.68 4.91M
UnitedHealth Group UNH 46.23 46.68 46.22 46.56 4.86M
Altria MO 83.99 84.41 83.07 84.12 4.82M
McDonald's MCD 42.06 42.25 41.75 42.15 4.71M
Amazon AMZN 42.50 42.98 42.18 42.96 4.54M
Abbott Laboratories ABT 47.38 47.61 47.28 47.55 4.51M
Boeing BA 91.10 91.59 89.78 90.10 4.48M
Procter & Gamble PG 63.27 63.64 63.06 63.64 4.06M
Gilead Sciences GILD 67.53 67.60 65.87 66.55 3.79M
Coca-Cola KO 47.00 47.18 46.88 47.10 3.63M
Pepsico PEP 62.48 62.72 62.30 62.54 3.59M
International Business Machines IBM 92.90 93.74 92.80 93.52 3.35M
3M MMM 81.60 81.77 80.86 81.47 1.89M
United Technologies UTX 65.72 66.11 65.70 65.79 1.7M
Union Pacific UNP 91.69 92.79 91.42 92.63 1.4M
Berkshire Hathaway BRK.B 3586.00 3595.00 3574.00 3593.00 6.9K
Exchange Rates of November 22, 2006
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 116.720 JPY 1 JPY = 0.009 USD
US Dollar Canadian Dollar 1 USD = 1.141 CAD 1 CAD = 0.876 USD
US Dollar Swiss Franc 1 USD = 1.226 CHF 1 CHF = 0.816 USD
US Dollar Chinese Yuan 1 USD = 7.864 CNY 1 CNY = 0.127 USD
Euro Japanese Yen 1 EUR = 151.060 JPY 1 JPY = 0.007 EUR
Euro Pound Sterling 1 EUR = 0.676 GBP 1 GBP = 1.480 EUR
Euro Australian Dollar 1 EUR = 1.669 AUD 1 AUD = 0.599 EUR
Euro Canadian Dollar 1 EUR = 1.477 CAD 1 CAD = 0.677 EUR
Euro Swiss Franc 1 EUR = 1.587 CHF 1 CHF = 0.630 EUR
Japanese Yen Pound Sterling 1 JPY = 0.447 GBP 1 GBP = 2.237 JPY
Japanese Yen Australian Dollar 1 JPY = 1.104 AUD 1 AUD = 0.906 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.977 CAD 1 CAD = 1.023 JPY
Japanese Yen Swiss Franc 1 JPY = 1.050 CHF 1 CHF = 0.952 JPY
Pound Sterling Australian Dollar 1 GBP = 2.469 AUD 1 AUD = 0.405 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.185 CAD 1 CAD = 0.458 GBP
Pound Sterling Swiss Franc 1 GBP = 2.347 CHF 1 CHF = 0.426 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.885 CAD 1 CAD = 1.131 AUD
Australian Dollar Swiss Franc 1 AUD = 0.950 CHF 1 CHF = 1.052 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.074 CHF 1 CHF = 0.931 CAD

See what else happened on November 22, 2006