Financial news on November 23, 2010

Business and Financial news
After J. Crew, Who’s Next?

Some top picks after the “game changer” acquisition of J. Crew Read more..

By ANDREW ROSS SORKIN - The New York Times

A Shift From Company Cars

For employers, car sharing is a way to reduce automobile rental costs and the expense of a large vehicle fleet. Read more..

By ELIZABETH OLSON - The New York Times

Children’s Benadryl Tablets Recalled

Some flavored Benadryl allergy tablets and bottles of junior-strength Motrin were recalled at the wholesale level because of manufacturing problems. Read more..

By BLOOMBERG NEWS - The New York Times

CNBC: Interview with John Kinnucan

The founder of Broadband Research LLC, John Kinnucan, is one of the figures in the series of ongoing inquiries into insider trading. He spoke to CNBC's "The Strategy Session" about why F.B.I. agents approached him to cooperate in the investigation... Read more..

Mac William Bishop - The New York Times

Deal for J. Crew Allows It to Go Shopping

The Deal Professor examines the go-shop provision, which is fairly common in private equity deals and allows a target company to see if there are higher bids from third-party suitors. Read more..

By STEVEN DAVIDOFF SOLOMON - The New York Times

For Harrah’s I.P.O., Investors Are Wary

A record number of companies, including Harrah’s, look set to abort their market debuts as investors looks skeptically. Read more..

By ROB COX and WEI GU - The New York Times

H.P. Surpasses Forecasts With 5% Jump in Profit

Revenue rose 8 percent, to $33.3 billion in the fourth quarter, compared with $30.8 billion in the period a year ago. Read more..

By LAURIE J. FLYNN - The New York Times

J. Crew Shares Pop; Could Another Buyer Surface?

J. Crew shares look poised to open higher than the potential sale price that DealBook reported on Monday. We consider what might be on shareholders’ minds. Read more..

By MICHAEL J. DE LA MERCED - The New York Times

Qantas Returns A380 Planes to Use

An investigation continues into the disintegration of an engine as a plane took off from Singapore on Nov. 4. Read more..

By M. AMEDEO TUMOLILLO - The New York Times

What to Expect in the Holiday Travel Chaos

The day before Thanksgiving is normally the busiest day for air travel. Here are some tips on getting through it. Read more..

By JOE SHARKEY - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Cisco Systems CSCO 19.44 19.44 19.18 19.20 92M
Microsoft MSFT 25.57 25.60 25.09 25.12 69.7M
General Electric GE 15.83 15.89 15.63 15.76 55.9M
HP Inc. HPQ 43.98 44.44 43.11 44.19 51.5M
Intel INTC 21.04 21.22 20.81 21.09 44.9M
Pfizer PFE 16.52 16.73 16.43 16.57 39.7M
JPMorgan Chase JPM 38.01 38.22 37.60 37.63 35.3M
Oracle Corp. ORCL 27.75 27.82 27.08 27.19 31.3M
General Motors GM 33.95 33.99 33.19 33.25 31.2M
Wells Fargo & Co. WFC 26.64 26.95 26.53 26.80 30.2M
ExxonMobil XOM 68.80 69.15 68.32 68.98 22.7M
AT&T Inc. T 28.10 28.15 27.91 28.03 18.9M
Abbott Laboratories ABT 47.17 47.20 46.85 46.95 18.7M
Apple AAPL 310.45 311.75 306.56 308.73 18.6M
Merck MRK 35.34 35.38 34.71 34.81 18.3M
Comcast CMCSA 20.18 20.26 20.04 20.15 18M
Johnson & Johnson JNJ 62.99 63.25 62.65 62.87 14.8M
Verizon Communications VZ 32.32 32.57 32.23 32.39 14M
Wal-Mart Stores WMT 54.20 54.26 53.56 53.67 13.9M
Altria MO 24.31 24.61 24.18 24.54 13.6M
Walt Disney & Co. DIS 36.53 36.62 36.00 36.12 11.9M
Home Depot HD 30.98 31.00 30.83 30.91 11.7M
Procter & Gamble PG 63.07 63.13 62.32 62.61 10.5M
Schlumberger SLB 75.42 75.48 73.83 75.44 9.62M
Chevron CVX 82.47 82.50 81.15 81.75 9.51M
Bristol-Myers Squibb BMY 25.69 25.70 25.43 25.56 9.13M
Gilead Sciences GILD 37.40 37.60 36.94 36.98 9.1M
ConocoPhillips COP 60.72 60.75 60.06 60.52 9M
Coca-Cola KO 63.93 64.00 63.28 63.62 8.83M
Pepsico PEP 64.11 64.24 63.59 63.89 7.2M
Amgen AMGN 54.28 54.33 53.51 53.60 7.07M
UnitedHealth Group UNH 36.15 36.34 35.78 36.05 6.58M
Boeing BA 63.43 64.11 63.10 63.60 6.57M
Amazon AMZN 168.61 168.81 164.62 168.20 6.47M
McDonald's MCD 79.05 79.20 78.44 79.01 5.46M
International Business Machines IBM 144.24 144.53 142.33 143.18 4.57M
Alphabet GOOGL 587.01 589.01 578.20 583.01 4.32M
Berkshire Hathaway BRK.B 79.49 79.90 79.02 79.09 4.32M
United Technologies UTX 74.37 74.48 73.70 74.18 4.11M
3M MMM 83.91 84.54 83.14 83.59 3.93M
Visa V 75.00 75.15 74.51 74.65 3.66M
Union Pacific UNP 89.39 89.45 88.32 89.01 3.53M
Exchange Rates of November 23, 2010
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 83.140 JPY 1 JPY = 0.012 USD
US Dollar Canadian Dollar 1 USD = 1.024 CAD 1 CAD = 0.977 USD
US Dollar Swiss Franc 1 USD = 0.997 CHF 1 CHF = 1.003 USD
US Dollar Chinese Yuan 1 USD = 6.643 CNY 1 CNY = 0.151 USD
Euro Japanese Yen 1 EUR = 111.110 JPY 1 JPY = 0.009 EUR
Euro Pound Sterling 1 EUR = 0.847 GBP 1 GBP = 1.181 EUR
Euro Australian Dollar 1 EUR = 1.375 AUD 1 AUD = 0.728 EUR
Euro Canadian Dollar 1 EUR = 1.369 CAD 1 CAD = 0.731 EUR
Euro Swiss Franc 1 EUR = 1.333 CHF 1 CHF = 0.750 EUR
Euro Chinese Yuan 1 EUR = 8.889 CNY 1 CNY = 0.113 EUR
Japanese Yen Pound Sterling 1 JPY = 0.762 GBP 1 GBP = 1.312 JPY
Japanese Yen Australian Dollar 1 JPY = 1.236 AUD 1 AUD = 0.809 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.231 CAD 1 CAD = 0.812 JPY
Japanese Yen Swiss Franc 1 JPY = 1.199 CHF 1 CHF = 0.834 JPY
Pound Sterling Australian Dollar 1 GBP = 1.622 AUD 1 AUD = 0.617 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.615 CAD 1 CAD = 0.619 GBP
Pound Sterling Swiss Franc 1 GBP = 1.572 CHF 1 CHF = 0.636 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.478 CNY 1 CNY = 0.095 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.996 CAD 1 CAD = 1.004 AUD
Australian Dollar Swiss Franc 1 AUD = 0.969 CHF 1 CHF = 1.032 AUD
Australian Dollar Chinese Yuan 1 AUD = 6.467 CNY 1 CNY = 0.155 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.973 CHF 1 CHF = 1.028 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.494 CNY 1 CNY = 0.154 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.665 CNY 1 CNY = 0.150 CHF

See what else happened on November 23, 2010