Financial news on November 24th, 2006

Business and Financial news
Air France Begins Talks on a Deal With Alitalia

Europe’s biggest airline said Thursday that it had begun talks that could eventually lead to the takeover of Alitalia, the Italian carrier. Read more..

By ERIC SYLVERS - The New York Times

Dallas Equity Firm Cancels Deal to Sell Stake in Korea Exchange Bank

Lone Star Funds canceled an agreement on Thursday to sell its controlling stake in Korea Exchange Bank to Kookmin Bank. Read more..

By CHOE SANG-HUN - The New York Times

Dogs May Help Find Genes That Cause Cancer

About half of all Bernese mountain dogs are prone to an unusual blood cancer called malignant histiocytosis. Boxers are four times more likely to get lymphomas than dogs in general, while Pomeranians are 10 times less likely. Cocker spaniels are m... Read more..

By ANDREW POLLACK - The New York Times

Filipinos Are Taking More Calls in Outsourcing Boom

The Philippines is quickly gaining a share of the customer-service call center business, offering the country an employment boon. Read more..

By DONALD GREENLEES - The New York Times

In Trials for New Cancer Drugs, Family Pets Are Benefiting, Too

Dogs are receiving groundbreaking drugs or other treatments for cancer, a leading cause of death in older dogs. Read more..

By ANDREW POLLACK - The New York Times

Microsoft Gives Europe Antitrust Documents

On Thursday, Microsoft met the latest deadline to provide information on whether it is complying with a 2004 antitrust ruling. Read more..

By PAUL MELLER - The New York Times

Pink Floyd Stopped by, but Does the Rest of London Even Care?

Not much has changed at the Battersea Power Station, an iconic, hulking shell on the south bank of the Thames, in the 13 years since developer Victor Hwang bought it. Read more..

By HEATHER TIMMONS - The New York Times

Talk of Takeovers Pushes Asian Shares Up

Stocks in Europe fell for a second day Thursday over concerns that a five-month rally may have run its course, while shares in Asia jumped to record levels. Read more..

By BLOOMBERG NEWS - The New York Times

Temptations of a Minister of Finance

Tommaso Padoa-Schioppa seems to be taking on his job as finance minister of Italy with a combination of zeal and academic detachment. Read more..

By FLOYD NORRIS - The New York Times

Yearning for Freedom ... From Venture Capital Overlords

A small group of mostly young entrepreneurs seem determined to turn their back on venture capitalists. Read more..

By MIGUEL HELFT - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Cisco SystemsCSCO26.7026.8826.2426.8413.5M
AT&T Inc.T32.6732.9432.4432.679.73M
Oracle Corp.ORCL19.4619.7319.3819.608M
General ElectricGE35.8535.8835.6935.697.26M
Wal-Mart StoresWMT47.7648.0547.5547.905.08M
Verizon CommunicationsVZ34.7635.0034.7034.754.74M
Abbott LaboratoriesABT47.0847.2046.8446.954.04M
HP Inc.HPQ39.3539.7939.3039.563.93M
Wells Fargo & Co.WFC35.3435.7335.2835.573.66M
Home DepotHD37.8538.1537.7137.723.06M
JPMorgan ChaseJPM47.2247.5347.1847.272.93M
Johnson & JohnsonJNJ66.5066.5565.8565.852.87M
Walt Disney & Co.DIS32.7433.0632.6432.912.68M
Bristol-Myers SquibbBMY24.5624.6724.4724.472.46M
Procter & GamblePG63.4863.7463.4063.532.29M
International Business MachinesIBM93.0593.7592.9893.352.13M
UnitedHealth GroupUNH46.4047.0046.1946.711.84M
Gilead SciencesGILD66.0566.8065.8966.151.12M
United TechnologiesUTX65.7066.0165.4065.99933K
Union PacificUNP91.9092.3091.3291.45428K
Berkshire HathawayBRK.B3593.003593.003575.003587.503.7K
Exchange Rates of November 24th, 2006
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 115.830 JPY1 JPY = 0.009 USD
US DollarCanadian Dollar1 USD = 1.135 CAD1 CAD = 0.881 USD
US DollarSwiss Franc1 USD = 1.209 CHF1 CHF = 0.827 USD
US DollarChinese Yuan1 USD = 7.855 CNY1 CNY = 0.127 USD
EuroJapanese Yen1 EUR = 151.690 JPY1 JPY = 0.007 EUR
EuroPound Sterling1 EUR = 0.678 GBP1 GBP = 1.476 EUR
EuroAustralian Dollar1 EUR = 1.681 AUD1 AUD = 0.595 EUR
EuroCanadian Dollar1 EUR = 1.486 CAD1 CAD = 0.673 EUR
EuroSwiss Franc1 EUR = 1.583 CHF1 CHF = 0.632 EUR
Japanese YenPound Sterling1 JPY = 0.447 GBP1 GBP = 2.240 JPY
Japanese YenAustralian Dollar1 JPY = 1.108 AUD1 AUD = 0.903 JPY
Japanese YenCanadian Dollar1 JPY = 0.979 CAD1 CAD = 1.021 JPY
Japanese YenSwiss Franc1 JPY = 1.044 CHF1 CHF = 0.958 JPY
Pound SterlingAustralian Dollar1 GBP = 2.481 AUD1 AUD = 0.403 GBP
Pound SterlingCanadian Dollar1 GBP = 2.192 CAD1 CAD = 0.456 GBP
Pound SterlingSwiss Franc1 GBP = 2.336 CHF1 CHF = 0.428 GBP
Australian DollarCanadian Dollar1 AUD = 0.883 CAD1 CAD = 1.132 AUD
Australian DollarSwiss Franc1 AUD = 0.941 CHF1 CHF = 1.062 AUD
Canadian DollarSwiss Franc1 CAD = 1.065 CHF1 CHF = 0.939 CAD

See what else happened on November 24th, 2006