Financial news on November 24th, 2009

Business and Financial news
2.1 Million Cribs Are Recalled in U.S. and Canada

Government safety regulators announced the largest crib recall in U.S. history after four children suffocated. Read more..

By SARAH WHEATON - The New York Times

Another Loss for Pfizer in Drug Suits

The drug maker has been ordered to pay punitive damages to two women whose breast cancer was diagnosed after they used hormone drugs. Read more..

By DUFF WILSON - The New York Times

Chinese Drywall Linked to Corrosion

Federal investigators reported a “strong association” between chemicals in Chinese drywall and complaints by homeowners of metal and electrical corrosion. Read more..

By LESLIE WAYNE - The New York Times

E.U. Official Says Europe Should Pledge Steeper Cuts in Emissions

The environment commissioner called on the European Union to pledge to cut emissions by 30 percent from 1990 levels to demonstrate leadership ahead of a landmark meeting in Copenhagen. Read more..

By JAMES KANTER - International Herald Tribune

G.M. Seeks Assistance From Europe for Opel

The chief of G.M.’s European operations is seeking German help in restructuring Opel, but the country’s economics minister said taxpayers should not be expected to play “the rich uncle.” Read more..

By JUDY DEMPSEY - The New York Times

How to Cut Costs in Bad Times (and Good)

Whether the economy is booming or in a tailspin, entrepreneurs can always use tips on how to trim expenses. Read more..

By PAUL B. BROWN - The New York Times

Shows Online, Brought to You by ...

Web series, or webisodes, are being created specifically for advertisers. Read more..

By STUART ELLIOTT - The New York Times

Slow Month for Retailers, but Strong Finish Is Seen

Retailing analysts said sales declines were minor and that many consumers were saving their strength for the day after Thanksgiving. Read more..


Some Rediscover the Benefits of Business Travel

While most companies have cut their business travel budgets, a few have decided to travel more, and are profiting. Read more..

By TANYA MOHN - The New York Times

U.S. Looks to Australia on Credit Card Fees

After a law forced a cut in transaction fees, some merchants and banks added new charges for customers that were, sometimes, higher than the old ones. Read more..

By KEITH BRADSHER - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE16.0816.2015.9216.1280.7M
AT&T Inc.T26.8327.2526.6827.1034.6M
Bristol-Myers SquibbBMY24.9525.1824.6825.1632.3M
JPMorgan ChaseJPM43.2643.2842.2442.4831.9M
Cisco SystemsCSCO23.8323.9023.5623.7430M
Wells Fargo & Co.WFC27.8928.0727.4827.8629M
Verizon CommunicationsVZ31.4431.9931.3331.8727.9M
Oracle Corp.ORCL22.7022.7022.0922.1424.2M
Abbott LaboratoriesABT53.2254.5052.5054.2418M
HP Inc.HPQ50.6051.0249.8450.1917.3M
Home DepotHD27.5027.6727.3827.5611.7M
Wal-Mart StoresWMT54.7654.9254.5354.8510.6M
Procter & GamblePG62.7762.9562.3862.809.77M
Johnson & JohnsonJNJ62.9363.4062.6563.189.68M
Walt Disney & Co.DIS30.4630.5330.1030.237.83M
UnitedHealth GroupUNH29.3329.6928.8529.567.24M
International Business MachinesIBM127.90128.32127.14127.934.82M
Union PacificUNP66.1166.1166.1166.114.68M
Gilead SciencesGILD47.1347.3746.5746.964.36M
United TechnologiesUTX68.5068.7367.9168.273.89M
Berkshire HathawayBRK.B3450.003450.003398.003415.0031K
Exchange Rates of November 24th, 2009
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 88.490 JPY1 JPY = 0.011 USD
US DollarCanadian Dollar1 USD = 1.058 CAD1 CAD = 0.945 USD
US DollarSwiss Franc1 USD = 1.009 CHF1 CHF = 0.991 USD
US DollarChinese Yuan1 USD = 6.830 CNY1 CNY = 0.146 USD
EuroJapanese Yen1 EUR = 132.410 JPY1 JPY = 0.008 EUR
EuroPound Sterling1 EUR = 0.902 GBP1 GBP = 1.108 EUR
EuroAustralian Dollar1 EUR = 1.627 AUD1 AUD = 0.615 EUR
EuroCanadian Dollar1 EUR = 1.583 CAD1 CAD = 0.632 EUR
EuroSwiss Franc1 EUR = 1.510 CHF1 CHF = 0.662 EUR
EuroChinese Yuan1 EUR = 10.220 CNY1 CNY = 0.098 EUR
Japanese YenPound Sterling1 JPY = 0.681 GBP1 GBP = 1.468 JPY
Japanese YenAustralian Dollar1 JPY = 1.228 AUD1 AUD = 0.814 JPY
Japanese YenCanadian Dollar1 JPY = 1.195 CAD1 CAD = 0.837 JPY
Japanese YenSwiss Franc1 JPY = 1.140 CHF1 CHF = 0.877 JPY
Pound SterlingAustralian Dollar1 GBP = 1.803 AUD1 AUD = 0.555 GBP
Pound SterlingCanadian Dollar1 GBP = 1.754 CAD1 CAD = 0.570 GBP
Pound SterlingSwiss Franc1 GBP = 1.673 CHF1 CHF = 0.598 GBP
Pound SterlingChinese Yuan1 GBP = 11.314 CNY1 CNY = 0.088 GBP
Australian DollarCanadian Dollar1 AUD = 0.973 CAD1 CAD = 1.028 AUD
Australian DollarSwiss Franc1 AUD = 0.928 CHF1 CHF = 1.078 AUD
Australian DollarChinese Yuan1 AUD = 6.279 CNY1 CNY = 0.159 AUD
Canadian DollarSwiss Franc1 CAD = 0.954 CHF1 CHF = 1.049 CAD
Canadian DollarChinese Yuan1 CAD = 6.454 CNY1 CNY = 0.155 CAD
Swiss FrancChinese Yuan1 CHF = 6.768 CNY1 CNY = 0.148 CHF

See what else happened on November 24th, 2009