Financial news on October 24, 2008

Business and Financial news
Canada to Guarantee Bank Loans

Loan guarantees offered by the Canadian government on Thursday suggest that even healthy banking systems might require government support for international borrowing. Read more..

By IAN AUSTEN - The New York Times

Disability Insurer Found Guilty of Social Security Fraud

A federal jury found that Unum had committed fraud by requiring some customers to apply for Social Security benefits even though it knew they were not eligible. Read more..

By MARY WILLIAMS WALSH - The New York Times

Green Inc: Green Halloween

Times reporter Kate Galbraith finds an inexpensive organic pumpkin for Halloween. Read more..

Sean Patrick Farrell - The New York Times

In China, Steps to Ease Mortgages as Real Estate Loses Its Sizzle

Fearing a surge in loan defaults for banks, the Chinese government announced a series of measures to support real estate prices. Read more..

By KEITH BRADSHER - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
MicrosoftMSFT21.0622.8620.9521.96154M
General ElectricGE17.4618.2317.2717.83129M
IntelINTC13.3914.8513.3714.2896M
Cisco SystemsCSCO16.0816.9315.9016.3188.6M
PfizerPFE15.9117.0315.6816.5765M
JPMorgan ChaseJPM35.1237.7334.5135.4362M
AppleAAPL90.3397.9090.1196.3856.8M
ExxonMobilXOM64.0170.9864.0069.0454.6M
Oracle Corp.ORCL15.7116.7115.4816.2054.2M
Wells Fargo & Co.WFC29.0432.0029.0030.9150.1M
AT&T Inc.T23.1225.6223.1124.6846.5M
ComcastCMCSA13.0116.2512.5013.0734.4M
Wal-Mart StoresWMT50.0052.9749.9951.4029.8M
AltriaMO18.5019.4818.5019.2229M
HP Inc.HPQ30.2533.3230.0332.4427.6M
Procter & GamblePG56.9060.3456.6258.8726.6M
Verizon CommunicationsVZ24.3226.4724.2625.0824.3M
Johnson & JohnsonJNJ59.0062.4958.6460.7923.1M
Home DepotHD17.9019.0017.5818.5122.5M
ConocoPhillipsCOP46.4349.4946.0448.4521.6M
Abbott LaboratoriesABT51.8955.5951.2054.3020.9M
Coca-ColaKO41.0043.0041.0041.6120.4M
ChevronCVX61.0165.4660.5763.9119.8M
AmazonAMZN44.7552.3244.5048.9619.6M
SchlumbergerSLB47.4649.4945.3747.5218.3M
MerckMRK26.5128.2426.4627.3517.2M
Walt Disney & Co.DIS21.7423.2021.5022.6116.2M
Bristol-Myers SquibbBMY17.4218.2017.1017.6415.9M
AmgenAMGN52.6458.4552.5557.1715.8M
AlphabetGOOGL326.47350.47324.74339.2914.7M
McDonald'sMCD52.4154.5551.7053.0613.4M
Gilead SciencesGILD42.8144.5542.7543.3212.6M
International Business MachinesIBM79.2784.3178.8282.0712.3M
UnitedHealth GroupUNH22.1823.4521.2622.9110.4M
PepsicoPEP50.5153.0150.4151.7610.4M
VisaV43.8048.5043.7447.9810.2M
3MMMM58.3661.5057.5259.6110.1M
BoeingBA42.5047.2441.7545.249.79M
United TechnologiesUTX45.1848.9145.0447.319.16M
Union PacificUNP53.1159.4353.1158.287.06M
Berkshire HathawayBRK.B3660.003790.003657.003713.0049K
Exchange Rates of October 24, 2008
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 94.280 JPY1 JPY = 0.011 USD
US DollarCanadian Dollar1 USD = 1.277 CAD1 CAD = 0.783 USD
US DollarSwiss Franc1 USD = 1.168 CHF1 CHF = 0.856 USD
US DollarChinese Yuan1 USD = 6.844 CNY1 CNY = 0.146 USD
EuroJapanese Yen1 EUR = 119.040 JPY1 JPY = 0.008 EUR
EuroPound Sterling1 EUR = 0.793 GBP1 GBP = 1.262 EUR
EuroAustralian Dollar1 EUR = 2.032 AUD1 AUD = 0.492 EUR
EuroCanadian Dollar1 EUR = 1.612 CAD1 CAD = 0.620 EUR
EuroSwiss Franc1 EUR = 1.474 CHF1 CHF = 0.679 EUR
EuroChinese Yuan1 EUR = 8.640 CNY1 CNY = 0.116 EUR
Japanese YenPound Sterling1 JPY = 0.666 GBP1 GBP = 1.501 JPY
Japanese YenAustralian Dollar1 JPY = 1.700 AUD1 AUD = 0.588 JPY
Japanese YenCanadian Dollar1 JPY = 1.354 CAD1 CAD = 0.738 JPY
Japanese YenSwiss Franc1 JPY = 1.237 CHF1 CHF = 0.809 JPY
Pound SterlingAustralian Dollar1 GBP = 2.563 AUD1 AUD = 0.390 GBP
Pound SterlingCanadian Dollar1 GBP = 2.034 CAD1 CAD = 0.492 GBP
Pound SterlingSwiss Franc1 GBP = 1.859 CHF1 CHF = 0.538 GBP
Pound SterlingChinese Yuan1 GBP = 10.889 CNY1 CNY = 0.092 GBP
Australian DollarCanadian Dollar1 AUD = 0.793 CAD1 CAD = 1.262 AUD
Australian DollarSwiss Franc1 AUD = 0.725 CHF1 CHF = 1.380 AUD
Australian DollarChinese Yuan1 AUD = 4.252 CNY1 CNY = 0.235 AUD
Canadian DollarSwiss Franc1 CAD = 0.913 CHF1 CHF = 1.095 CAD
Canadian DollarChinese Yuan1 CAD = 5.357 CNY1 CNY = 0.187 CAD
Swiss FrancChinese Yuan1 CHF = 5.864 CNY1 CNY = 0.171 CHF

See what else happened on October 24, 2008