Financial news on November 24, 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

Stock Ticker symbol Open High Low Close Volume
Intel INTC 21.46 21.75 21.42 21.59 23.1M
Microsoft MSFT 29.66 29.84 29.64 29.76 20.5M
Apple AAPL 89.53 93.08 89.50 91.63 18.5M
Cisco Systems CSCO 26.70 26.88 26.24 26.84 13.5M
Pfizer PFE 26.91 27.05 26.86 26.89 11.2M
AT&T Inc. T 32.67 32.94 32.44 32.67 9.73M
Oracle Corp. ORCL 19.46 19.73 19.38 19.60 8M
General Electric GE 35.85 35.88 35.69 35.69 7.26M
ExxonMobil XOM 71.90 72.82 71.85 72.38 5.57M
Wal-Mart Stores WMT 47.76 48.05 47.55 47.90 5.08M
Verizon Communications VZ 34.76 35.00 34.70 34.75 4.74M
Abbott Laboratories ABT 47.08 47.20 46.84 46.95 4.04M
HP Inc. HPQ 39.35 39.79 39.30 39.56 3.93M
Comcast CMCSA 39.32 40.02 39.13 39.75 3.89M
Wells Fargo & Co. WFC 35.34 35.73 35.28 35.57 3.66M
Alphabet GOOGL 504.50 507.50 504.00 505.00 3.46M
ConocoPhillips COP 64.38 65.02 64.25 64.29 3.39M
Home Depot HD 37.85 38.15 37.71 37.72 3.06M
JPMorgan Chase JPM 47.22 47.53 47.18 47.27 2.93M
Chevron CVX 68.97 69.80 68.74 68.84 2.88M
Johnson & Johnson JNJ 66.50 66.55 65.85 65.85 2.87M
Merck MRK 44.01 44.33 44.00 44.18 2.74M
Walt Disney & Co. DIS 32.74 33.06 32.64 32.91 2.68M
Bristol-Myers Squibb BMY 24.56 24.67 24.47 24.47 2.46M
Procter & Gamble PG 63.48 63.74 63.40 63.53 2.29M
Coca-Cola KO 46.90 47.19 46.85 46.92 2.28M
Amazon AMZN 42.56 42.94 42.31 42.41 2.24M
Schlumberger SLB 65.33 65.91 65.10 65.36 2.22M
Pepsico PEP 62.04 62.73 62.00 62.34 2.14M
International Business Machines IBM 93.05 93.75 92.98 93.35 2.13M
Altria MO 83.75 84.13 83.59 83.75 2.05M
McDonald's MCD 41.87 42.26 41.67 41.88 1.88M
UnitedHealth Group UNH 46.40 47.00 46.19 46.71 1.84M
Amgen AMGN 72.32 72.99 72.22 72.50 1.84M
Boeing BA 89.25 90.08 89.15 89.77 1.21M
Gilead Sciences GILD 66.05 66.80 65.89 66.15 1.12M
United Technologies UTX 65.70 66.01 65.40 65.99 933K
3M MMM 80.86 81.50 80.75 81.15 694K
Union Pacific UNP 91.90 92.30 91.32 91.45 428K
Berkshire Hathaway BRK.B 3593.00 3593.00 3575.00 3587.50 3.7K
Exchange Rates of November 24, 2006
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 115.830 JPY 1 JPY = 0.009 USD
US Dollar Canadian Dollar 1 USD = 1.135 CAD 1 CAD = 0.881 USD
US Dollar Swiss Franc 1 USD = 1.209 CHF 1 CHF = 0.827 USD
US Dollar Chinese Yuan 1 USD = 7.855 CNY 1 CNY = 0.127 USD
Euro Japanese Yen 1 EUR = 151.690 JPY 1 JPY = 0.007 EUR
Euro Pound Sterling 1 EUR = 0.678 GBP 1 GBP = 1.476 EUR
Euro Australian Dollar 1 EUR = 1.681 AUD 1 AUD = 0.595 EUR
Euro Canadian Dollar 1 EUR = 1.486 CAD 1 CAD = 0.673 EUR
Euro Swiss Franc 1 EUR = 1.583 CHF 1 CHF = 0.632 EUR
Japanese Yen Pound Sterling 1 JPY = 0.447 GBP 1 GBP = 2.240 JPY
Japanese Yen Australian Dollar 1 JPY = 1.108 AUD 1 AUD = 0.903 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.979 CAD 1 CAD = 1.021 JPY
Japanese Yen Swiss Franc 1 JPY = 1.044 CHF 1 CHF = 0.958 JPY
Pound Sterling Australian Dollar 1 GBP = 2.481 AUD 1 AUD = 0.403 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.192 CAD 1 CAD = 0.456 GBP
Pound Sterling Swiss Franc 1 GBP = 2.336 CHF 1 CHF = 0.428 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.883 CAD 1 CAD = 1.132 AUD
Australian Dollar Swiss Franc 1 AUD = 0.941 CHF 1 CHF = 1.062 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.065 CHF 1 CHF = 0.939 CAD

See what else happened on November 24, 2006