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

StockTicker symbolOpenHighLowCloseVolume
MicrosoftMSFT21,5522,5920,8922,32155M
General ElectricGE19,2419,2417,9718,80153M
Cisco SystemsCSCO17,2517,8816,4617,2485.4M
IntelINTC14,6014,9513,9014,5185.2M
PfizerPFE16,8917,2516,1017,1066.4M
ExxonMobilXOM65,8870,3964,3970,3964.7M
JPMorgan ChaseJPM37,3638,7535,8237,8563.9M
Wells Fargo & Co.WFC31,2131,9029,1631,3363.1M
Oracle Corp.ORCL16,9817,4716,0116,9562.2M
AppleAAPL96,5199,2591,9098,2359.8M
AT&T Inc.T23,8625,8023,8525,2654.9M
HP Inc.HPQ35,2235,5131,7533,1537.9M
Wal-Mart StoresWMT52,3753,1850,0052,7634.9M
ComcastCMCSA14,2514,3813,2114,2234.4M
AmazonAMZN43,3750,9143,3150,3232.6M
Home DepotHD19,4619,8018,0119,0629.5M
ConocoPhillipsCOP49,6051,7546,1051,4929.5M
Verizon CommunicationsVZ26,1127,2325,0326,2429.1M
Coca-ColaKO45,6045,6041,5043,0628.2M
Abbott LaboratoriesABT54,1956,2352,7355,0227.8M
AltriaMO19,3320,0018,8619,5827.3M
ChevronCVX62,8867,1060,4166,7726.9M
Procter & GamblePG59,1361,3057,2260,5725.8M
Bristol-Myers SquibbBMY18,0018,3617,5118,0524.5M
Johnson & JohnsonJNJ61,8463,1460,2062,4523.5M
AmgenAMGN53,1557,8551,5955,5522.9M
MerckMRK28,4429,3826,8628,8522.3M
Gilead SciencesGILD46,4047,2543,0245,4718.9M
SchlumbergerSLB50,6952,8547,6652,0418.2M
Walt Disney & Co.DIS22,9423,6421,8923,4017.4M
3MMMM58,5362,1057,7461,5415.1M
BoeingBA43,2046,8142,8146,5214M
McDonald'sMCD55,3956,3152,5755,5813.4M
AlphabetGOOGL353,65358,00337,99352,3212.9M
International Business MachinesIBM84,0985,8981,0084,3512.4M
United TechnologiesUTX48,9649,9646,0748,6912M
VisaV48,7649,5545,7448,3212M
PepsicoPEP53,7354,6251,0653,4811.9M
UnitedHealth GroupUNH24,2624,7922,1723,9310.9M
Union PacificUNP58,0460,0754,1458,258.65M
Berkshire HathawayBRK.B3850,003946,003747,003850,0039.9K
Exchange Rates of October 23, 2008
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 97,960 JPY1 JPY = 0,010 USD
US DollarCanadian Dollar1 USD = 1,244 CAD1 CAD = 0,804 USD
US DollarSwiss Franc1 USD = 1,158 CHF1 CHF = 0,863 USD
US DollarChinese Yuan1 USD = 6,836 CNY1 CNY = 0,146 USD
EuroJapanese Yen1 EUR = 127,070 JPY1 JPY = 0,008 EUR
EuroPound Sterling1 EUR = 0,795 GBP1 GBP = 1,258 EUR
EuroAustralian Dollar1 EUR = 1,923 AUD1 AUD = 0,520 EUR
EuroCanadian Dollar1 EUR = 1,614 CAD1 CAD = 0,620 EUR
EuroSwiss Franc1 EUR = 1,502 CHF1 CHF = 0,666 EUR
EuroChinese Yuan1 EUR = 8,868 CNY1 CNY = 0,113 EUR
Japanese YenPound Sterling1 JPY = 0,625 GBP1 GBP = 1,599 JPY
Japanese YenAustralian Dollar1 JPY = 1,513 AUD1 AUD = 0,661 JPY
Japanese YenCanadian Dollar1 JPY = 1,269 CAD1 CAD = 0,788 JPY
Japanese YenSwiss Franc1 JPY = 1,181 CHF1 CHF = 0,846 JPY
Pound SterlingAustralian Dollar1 GBP = 2,417 AUD1 AUD = 0,414 GBP
Pound SterlingCanadian Dollar1 GBP = 2,028 CAD1 CAD = 0,493 GBP
Pound SterlingSwiss Franc1 GBP = 1,889 CHF1 CHF = 0,529 GBP
Pound SterlingChinese Yuan1 GBP = 11,136 CNY1 CNY = 0,090 GBP
Australian DollarCanadian Dollar1 AUD = 0,838 CAD1 CAD = 1,193 AUD
Australian DollarSwiss Franc1 AUD = 0,781 CHF1 CHF = 1,281 AUD
Australian DollarChinese Yuan1 AUD = 4,612 CNY1 CNY = 0,217 AUD
Canadian DollarSwiss Franc1 CAD = 0,931 CHF1 CHF = 1,075 CAD
Canadian DollarChinese Yuan1 CAD = 5,496 CNY1 CNY = 0,182 CAD
Swiss FrancChinese Yuan1 CHF = 5,906 CNY1 CNY = 0,169 CHF

See what else happened on October 23, 2008