Financial news on October 23, 2008

Business and Financial news
A Lightweight Successor Packs a Portable Punch

The Toshiba Portégé R600 laptop is 0.77 inches thick and a lightweight 2.4 pounds, and still includes a DVD-SuperMulti drive. Read more..

By AZADEH ENSHA - The New York Times

Dow Drops 5.7% Despite Signs of Thawing Credit

Worries about the corporate sector sent stocks on Wall Street sharply lower again, with the Dow tumbling by more than 500 points. Read more..

By MICHAEL M. GRYNBAUM - The New York Times

Lack of Respect for Tech Giants

Investors worried about the economic downturn have sold technology stocks almost indiscriminately. Read more..

By ROBERT CYRAN and MARTIN HUTCHINSON - The New York Times

Taking Your Wi-Fi Cafe With You, but Not Everywhere

A service being introduced by Sprint takes Wi-Fi to its logical extreme, and promises to provide easy wireless connections to the Web wherever you go. But individual results, as they say, may vary. Read more..

By BOB TEDESCHI - The New York Times

You Know About Backups. Now, Do It Online.

Online backup services are proliferating as users are discovering that it can cost less than a fancy cup of coffee to keep a second or third copy of your working data. Read more..

By PETER WAYNER - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Microsoft MSFT 21.55 22.59 20.89 22.32 155M
General Electric GE 19.24 19.24 17.97 18.80 153M
Cisco Systems CSCO 17.25 17.88 16.46 17.24 85.4M
Intel INTC 14.60 14.95 13.90 14.51 85.2M
Pfizer PFE 16.89 17.25 16.10 17.10 66.4M
ExxonMobil XOM 65.88 70.39 64.39 70.39 64.7M
JPMorgan Chase JPM 37.36 38.75 35.82 37.85 63.9M
Wells Fargo & Co. WFC 31.21 31.90 29.16 31.33 63.1M
Oracle Corp. ORCL 16.98 17.47 16.01 16.95 62.2M
Apple AAPL 96.51 99.25 91.90 98.23 59.8M
AT&T Inc. T 23.86 25.80 23.85 25.26 54.9M
HP Inc. HPQ 35.22 35.51 31.75 33.15 37.9M
Wal-Mart Stores WMT 52.37 53.18 50.00 52.76 34.9M
Comcast CMCSA 14.25 14.38 13.21 14.22 34.4M
Amazon AMZN 43.37 50.91 43.31 50.32 32.6M
Home Depot HD 19.46 19.80 18.01 19.06 29.5M
ConocoPhillips COP 49.60 51.75 46.10 51.49 29.5M
Verizon Communications VZ 26.11 27.23 25.03 26.24 29.1M
Coca-Cola KO 45.60 45.60 41.50 43.06 28.2M
Abbott Laboratories ABT 54.19 56.23 52.73 55.02 27.8M
Altria MO 19.33 20.00 18.86 19.58 27.3M
Chevron CVX 62.88 67.10 60.41 66.77 26.9M
Procter & Gamble PG 59.13 61.30 57.22 60.57 25.8M
Bristol-Myers Squibb BMY 18.00 18.36 17.51 18.05 24.5M
Johnson & Johnson JNJ 61.84 63.14 60.20 62.45 23.5M
Amgen AMGN 53.15 57.85 51.59 55.55 22.9M
Merck MRK 28.44 29.38 26.86 28.85 22.3M
Gilead Sciences GILD 46.40 47.25 43.02 45.47 18.9M
Schlumberger SLB 50.69 52.85 47.66 52.04 18.2M
Walt Disney & Co. DIS 22.94 23.64 21.89 23.40 17.4M
3M MMM 58.53 62.10 57.74 61.54 15.1M
Boeing BA 43.20 46.81 42.81 46.52 14M
McDonald's MCD 55.39 56.31 52.57 55.58 13.4M
Alphabet GOOGL 353.65 358.00 337.99 352.32 12.9M
International Business Machines IBM 84.09 85.89 81.00 84.35 12.4M
United Technologies UTX 48.96 49.96 46.07 48.69 12M
Visa V 48.76 49.55 45.74 48.32 12M
Pepsico PEP 53.73 54.62 51.06 53.48 11.9M
UnitedHealth Group UNH 24.26 24.79 22.17 23.93 10.9M
Union Pacific UNP 58.04 60.07 54.14 58.25 8.65M
Berkshire Hathaway BRK.B 3850.00 3946.00 3747.00 3850.00 39.9K
Exchange Rates of October 23, 2008
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 97.960 JPY 1 JPY = 0.010 USD
US Dollar Canadian Dollar 1 USD = 1.244 CAD 1 CAD = 0.804 USD
US Dollar Swiss Franc 1 USD = 1.158 CHF 1 CHF = 0.863 USD
US Dollar Chinese Yuan 1 USD = 6.836 CNY 1 CNY = 0.146 USD
Euro Japanese Yen 1 EUR = 127.070 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.795 GBP 1 GBP = 1.258 EUR
Euro Australian Dollar 1 EUR = 1.923 AUD 1 AUD = 0.520 EUR
Euro Canadian Dollar 1 EUR = 1.614 CAD 1 CAD = 0.620 EUR
Euro Swiss Franc 1 EUR = 1.502 CHF 1 CHF = 0.666 EUR
Euro Chinese Yuan 1 EUR = 8.868 CNY 1 CNY = 0.113 EUR
Japanese Yen Pound Sterling 1 JPY = 0.625 GBP 1 GBP = 1.599 JPY
Japanese Yen Australian Dollar 1 JPY = 1.513 AUD 1 AUD = 0.661 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.269 CAD 1 CAD = 0.788 JPY
Japanese Yen Swiss Franc 1 JPY = 1.181 CHF 1 CHF = 0.846 JPY
Pound Sterling Australian Dollar 1 GBP = 2.417 AUD 1 AUD = 0.414 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.028 CAD 1 CAD = 0.493 GBP
Pound Sterling Swiss Franc 1 GBP = 1.889 CHF 1 CHF = 0.529 GBP
Pound Sterling Chinese Yuan 1 GBP = 11.136 CNY 1 CNY = 0.090 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.838 CAD 1 CAD = 1.193 AUD
Australian Dollar Swiss Franc 1 AUD = 0.781 CHF 1 CHF = 1.281 AUD
Australian Dollar Chinese Yuan 1 AUD = 4.612 CNY 1 CNY = 0.217 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.931 CHF 1 CHF = 1.075 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5.496 CNY 1 CNY = 0.182 CAD
Swiss Franc Chinese Yuan 1 CHF = 5.906 CNY 1 CNY = 0.169 CHF

See what else happened on October 23, 2008