Financial news on November 28, 2008

Business and Financial news
Colleges Are Not Going Hungry, but Are in Need

Against the real likelihood of financial doom for so many people, what precisely do we owe our alma maters at a time like this? Read more..

By RON LIEBER - The New York Times

Copper’s Every Dip Is Felt in Arizona

Demand for copper revived Arizona’s mining towns but the cooling economy is undoing some of that. Read more..

By JOHN COLLINS RUDOLF - The New York Times

G.M. Seeks to Keep the Public From Tracking Its Plane

The automaker drew criticism for using a corporate jet while seeking a federal bailout. Read more..

By BLOOMBERG NEWS - The New York Times

Investment Funds Push an Environmental Agenda

Investing with the idea of improving the environmental actions of corporations is catching on among some big pension funds. Read more..

By ELISABETH ROSENTHAL - The New York Times

Mile of London Tunnels for Sale, History Included

After years of lying unused, a historic tunnel complex built in 1940 can be bought for $7.4 million. Read more..

By JULIA WERDIGIER - The New York Times

Stocks Are Higher in Europe and Asia

Stocks rose in Europe and Asia, following Wall Street’s lead and a deep cut in Chinese interest rates. Read more..

By DAVID JOLLY and BETTINA WASSENER - The New York Times

The Prestigious Design of Ferrari’s Factory

Ferrari is highlighting a brand and underscoring a claim to luxury style through the innovation of a factory design. Read more..

By JOHN TAGLIABUE - The New York Times

UBS Finds Limited Tax Fraud Involving Wealthy Americans

An inquiry by the Swiss banking giant is looking at fraud cases involving American clients. Read more..

By JULIA WERDIGIER - The New York Times

Why Time Stands Still for Watchmakers

In ad campaigns, most wristwatches are frozen with their hands at 10 and 2, to “frame the brand and logo.” Read more..

By ANDREW ADAM NEWMAN - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE16.3717.1916.2017.1759M
MicrosoftMSFT20.2320.3120.0220.2228.7M
Wells Fargo & Co.WFC28.3729.0127.5228.8928.1M
IntelINTC13.7914.0313.6813.8026M
JPMorgan ChaseJPM30.3631.9330.1331.6622.8M
Cisco SystemsCSCO16.3316.5516.1616.5422.3M
PfizerPFE16.0216.4615.7916.4321.1M
Oracle Corp.ORCL16.1016.1515.7516.0919.9M
ExxonMobilXOM79.8680.4479.2080.1519.6M
AT&T Inc.T28.1928.7228.1028.5616M
AppleAAPL94.7094.7691.8692.6710.6M
AltriaMO15.8416.0815.6316.0810.4M
Home DepotHD23.4123.7922.7323.1110.3M
ConocoPhillipsCOP52.5253.4751.3052.5210.2M
ComcastCMCSA16.6517.4016.3017.349.15M
Wal-Mart StoresWMT56.5857.0055.5155.889.07M
ChevronCVX78.2579.2576.9379.018.65M
Verizon CommunicationsVZ32.4933.0032.1432.658.13M
Bristol-Myers SquibbBMY20.4420.7720.1520.707.97M
Procter & GamblePG63.0464.5563.0464.357.77M
Johnson & JohnsonJNJ58.4758.7657.6358.587.69M
Walt Disney & Co.DIS22.4222.5421.8222.527.58M
HP Inc.HPQ34.8335.3534.5535.287.39M
Abbott LaboratoriesABT51.0552.6750.5052.397.1M
Coca-ColaKO45.2046.9145.2046.876.28M
MerckMRK25.6826.7225.6426.725.92M
AlphabetGOOGL290.58296.45288.28292.965.13M
SchlumbergerSLB49.3551.0048.6050.744.87M
United TechnologiesUTX47.5648.7047.5648.533.98M
McDonald'sMCD57.6358.9857.0658.753.92M
International Business MachinesIBM81.0081.9080.1081.603.91M
UnitedHealth GroupUNH20.8121.3820.7521.013.55M
PepsicoPEP55.1856.8155.0156.703.53M
AmazonAMZN44.0344.1042.2242.703.48M
3MMMM65.1867.0064.2066.933.21M
Union PacificUNP50.5151.9949.1650.043.06M
VisaV51.7152.7451.1752.562.65M
BoeingBA41.1742.8041.1042.632.61M
Gilead SciencesGILD44.7545.0044.0444.792.5M
AmgenAMGN55.4155.9955.1055.542.5M
Berkshire HathawayBRK.B3320.003499.003271.003499.0024.1K
Exchange Rates of November 28, 2008
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 95.480 JPY1 JPY = 0.010 USD
US DollarCanadian Dollar1 USD = 1.238 CAD1 CAD = 0.808 USD
US DollarSwiss Franc1 USD = 1.213 CHF1 CHF = 0.824 USD
US DollarChinese Yuan1 USD = 6.826 CNY1 CNY = 0.146 USD
EuroJapanese Yen1 EUR = 121.200 JPY1 JPY = 0.008 EUR
EuroPound Sterling1 EUR = 0.825 GBP1 GBP = 1.212 EUR
EuroAustralian Dollar1 EUR = 1.939 AUD1 AUD = 0.516 EUR
EuroCanadian Dollar1 EUR = 1.573 CAD1 CAD = 0.636 EUR
EuroSwiss Franc1 EUR = 1.540 CHF1 CHF = 0.649 EUR
EuroChinese Yuan1 EUR = 8.663 CNY1 CNY = 0.115 EUR
Japanese YenPound Sterling1 JPY = 0.681 GBP1 GBP = 1.469 JPY
Japanese YenAustralian Dollar1 JPY = 1.598 AUD1 AUD = 0.626 JPY
Japanese YenCanadian Dollar1 JPY = 1.296 CAD1 CAD = 0.772 JPY
Japanese YenSwiss Franc1 JPY = 1.270 CHF1 CHF = 0.787 JPY
Pound SterlingAustralian Dollar1 GBP = 2.348 AUD1 AUD = 0.426 GBP
Pound SterlingCanadian Dollar1 GBP = 1.904 CAD1 CAD = 0.525 GBP
Pound SterlingSwiss Franc1 GBP = 1.866 CHF1 CHF = 0.536 GBP
Pound SterlingChinese Yuan1 GBP = 10.481 CNY1 CNY = 0.095 GBP
Australian DollarCanadian Dollar1 AUD = 0.811 CAD1 CAD = 1.233 AUD
Australian DollarSwiss Franc1 AUD = 0.794 CHF1 CHF = 1.260 AUD
Australian DollarChinese Yuan1 AUD = 4.469 CNY1 CNY = 0.224 AUD
Canadian DollarSwiss Franc1 CAD = 0.979 CHF1 CHF = 1.022 CAD
Canadian DollarChinese Yuan1 CAD = 5.512 CNY1 CNY = 0.181 CAD
Swiss FrancChinese Yuan1 CHF = 5.620 CNY1 CNY = 0.178 CHF

See what else happened on November 28, 2008