Financial news on November 22, 2010

Business and Financial news
Accounts and People of Note in the Ad Industry

Danielle Arceneaux joined the New York office of Cramer-Krasselt as vice president and director for public relations. She succeeds Deborah Radman. Read more..

By THE NEW YORK TIMES - The New York Times

Choosing Between a Hard Rock and a Place

A new campaign for Hard Rock Cafe International encourages consumers to “see the show” through social media, print ads and mobile ads. Read more..

By STUART ELLIOTT - The New York Times

Comcast’s Plans for Executives Offer Clues to Future of NBC

Two of NBC’s top cable executives not only kept their jobs but also were given new responsibilities, a sign of Comcast’s respect for the cable operations. Read more..

By BILL CARTER - The New York Times

Even Before Friday, Retail Deals Will Go Online

This Thanksgiving Day, retailers are driving customers to the Web with more specials than ever. Read more..


‘Harry Potter’ Has $330 Million Debut Weekend

The global sales for the seventh Harry Potter movie was a result of a yearlong full-court press by Warner Brothers. Read more..

By BROOKS BARNES - The New York Times

In European Debt Crisis, Some Call Default Better Option

Many economic experts say that bailouts only delay the inevitable and that governments should work toward organized restructuring of debts. Read more..

By LANDON THOMAS Jr - The New York Times

In Motorola Split, New Chapter

Motorola will restructure in January, but there’s still a gap between the company’s current and break-up value. Read more..

By ROBERT CYRAN and ROBERT COLE - The New York Times

Luxury Brands Tailoring Approach to the Web

Luxury goods companies, which once saw the Internet mainly as a repository for downmarket items and fakes, are rushing to open online shops as new features assuage their concerns. Read more..

By ERIC PFANNER - International Herald Tribune

Morning Take-Out

Niall Ferguson on China | Lippman’s new fund | Full-body scanners Read more..

By CHRIS V. NICHOLSON - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE16.1416.1415.7816.0365.7M
Cisco SystemsCSCO19.6519.6819.3819.5665.4M
General MotorsGM34.2034.4833.8134.0836.7M
HP Inc.HPQ42.9543.2942.1543.2533.3M
JPMorgan ChaseJPM39.0639.1038.2138.5133.2M
Oracle Corp.ORCL27.8928.0927.7928.0527.6M
Wells Fargo & Co.WFC27.2627.3626.7826.9524.8M
Home DepotHD31.0531.3530.8831.0923.2M
AT&T Inc.T28.3228.3328.0528.2919.8M
Abbott LaboratoriesABT47.5547.5746.7247.2519.3M
UnitedHealth GroupUNH37.3137.4235.5736.4615M
Verizon CommunicationsVZ32.6332.6732.2932.5013M
Johnson & JohnsonJNJ63.5063.8263.0963.6211.2M
Wal-Mart StoresWMT54.2054.6053.9254.389.5M
Bristol-Myers SquibbBMY25.8726.0025.7025.909.4M
Procter & GamblePG63.5863.7963.0363.569.14M
Gilead SciencesGILD37.8738.2037.4937.707.13M
Walt Disney & Co.DIS36.8837.0536.5236.956.56M
Union PacificUNP91.6091.8189.4890.323.96M
International Business MachinesIBM144.00145.43143.56145.393.73M
Berkshire HathawayBRK.B80.1180.5579.7080.003.57M
United TechnologiesUTX74.9075.4974.2675.113.44M
Exchange Rates of November 22, 2010
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 83.310 JPY1 JPY = 0.012 USD
US DollarCanadian Dollar1 USD = 1.019 CAD1 CAD = 0.982 USD
US DollarSwiss Franc1 USD = 0.990 CHF1 CHF = 1.011 USD
US DollarChinese Yuan1 USD = 6.642 CNY1 CNY = 0.151 USD
EuroJapanese Yen1 EUR = 113.530 JPY1 JPY = 0.009 EUR
EuroPound Sterling1 EUR = 0.854 GBP1 GBP = 1.171 EUR
EuroAustralian Dollar1 EUR = 1.378 AUD1 AUD = 0.726 EUR
EuroCanadian Dollar1 EUR = 1.387 CAD1 CAD = 0.721 EUR
EuroSwiss Franc1 EUR = 1.348 CHF1 CHF = 0.742 EUR
EuroChinese Yuan1 EUR = 9.055 CNY1 CNY = 0.110 EUR
Japanese YenPound Sterling1 JPY = 0.752 GBP1 GBP = 1.330 JPY
Japanese YenAustralian Dollar1 JPY = 1.213 AUD1 AUD = 0.824 JPY
Japanese YenCanadian Dollar1 JPY = 1.222 CAD1 CAD = 0.818 JPY
Japanese YenSwiss Franc1 JPY = 1.188 CHF1 CHF = 0.842 JPY
Pound SterlingAustralian Dollar1 GBP = 1.614 AUD1 AUD = 0.620 GBP
Pound SterlingCanadian Dollar1 GBP = 1.625 CAD1 CAD = 0.615 GBP
Pound SterlingSwiss Franc1 GBP = 1.579 CHF1 CHF = 0.633 GBP
Pound SterlingChinese Yuan1 GBP = 10.597 CNY1 CNY = 0.094 GBP
Australian DollarCanadian Dollar1 AUD = 1.007 CAD1 CAD = 0.993 AUD
Australian DollarSwiss Franc1 AUD = 0.978 CHF1 CHF = 1.022 AUD
Australian DollarChinese Yuan1 AUD = 6.572 CNY1 CNY = 0.152 AUD
Canadian DollarSwiss Franc1 CAD = 0.972 CHF1 CHF = 1.029 CAD
Canadian DollarChinese Yuan1 CAD = 6.526 CNY1 CNY = 0.153 CAD
Swiss FrancChinese Yuan1 CHF = 6.714 CNY1 CNY = 0.149 CHF

See what else happened on November 22, 2010