Financial news on November 30th, 2006

Business and Financial news
A Playful Controller, and 2 Alien Shoot-Em-Ups

Most of the biggest, most highly anticipated video games of the year come out in the few months preceding Christmas. So why was I so bored? Read more..

By CHARLES HEROLD - The New York Times

Big Board to Cut Some Fees

The New York Stock Exchange, which is battling the rival Nasdaq Stock Market for listings, plans to eliminate fees of as much as $250,000 for companies that transfer to the Big Board. Read more..

By BLOOMBERG NEWS - The New York Times

Ex-A.I.G. Chief Denies Report He Is Accumulating Times Stock

The New York Post reported Wednesday that Maurice R. Greenberg had been buying hundreds of thousands of The New York Times Company’s shares. Read more..

By THE NEW YORK TIMES - The New York Times

Executive Pursuits

Harry Hurt quarterbacks three plays as a "Paper Jet." He didn't run for daylight, but he didn't fumble either. Read more..

Erik Olsen - The New York Times

Grasso Seeks Removal of Judge in Excess-Pay Suit

Richard A. Grasso, the former chairman of the New York Stock Exchange, has asked an appeals court to remove the judge presiding over a lawsuit seeking the return of some of his $190 million pay package from the Big Board. Read more..

By BLOOMBERG NEWS - The New York Times

Pace of Economy’s Growth Is Revised Upward

The U.S. economy’s third-quarter slump was not as bad as first estimated, but indicators suggest a steeper decline is coming soon. Read more..

By JEREMY W. PETERS - The New York Times

Revamping and Buyouts to Cost Ford $17 Billion

Much of the money will be spent on buyout and retirement packages for 30,000 U.A.W. union members who opted to leave the automaker. Read more..

By NICK BUNKLEY - The New York Times

Technology Marketers Go Touchy-Feely in Effort to Lure Customers to New Products

Verizon is the latest electronics retailer to open an outlet that feels more like an entertainment center or arcade than a phone store. Read more..

By LOUISE STORY - The New York Times

Tiffany Profit Increases 23%

Tiffany & Company reported a 23 percent increase in earnings yesterday on higher sales and it increased its profit forecast for the year because of expected holiday demand. Read more..

By BLOOMBERG NEWS - The New York Times

Wal-Mart Trips as It Changes a Bit Too Fast

On Thursday, Wal-Mart is expected to announce, based on its own estimates, that sales for November fell for the first time in a decade. Read more..

By MICHAEL BARBARO - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Cisco SystemsCSCO27,0227,0526,8026,9145.9M
Oracle Corp.ORCL19,1319,3119,0319,0532M
AT&T Inc.T33,4734,2033,4033,9126.2M
Wal-Mart StoresWMT46,5146,7346,0246,1024.2M
General ElectricGE35,4135,5035,1635,2823.7M
Home DepotHD37,5138,2637,2337,9717.3M
Verizon CommunicationsVZ34,8935,2734,8634,9413.9M
JPMorgan ChaseJPM46,7246,7446,0546,2813.1M
HP Inc.HPQ39,2639,8039,0539,4612.5M
UnitedHealth GroupUNH47,9549,4847,9049,0811.4M
Abbott LaboratoriesABT46,9247,0046,4546,669.59M
Walt Disney & Co.DIS32,9933,2432,8133,059.08M
Procter & GamblePG63,0463,2462,5362,799.01M
Johnson & JohnsonJNJ66,2066,4365,6865,917.8M
Wells Fargo & Co.WFC35,4635,4834,9935,246.48M
International Business MachinesIBM91,3592,4891,2591,926.47M
Bristol-Myers SquibbBMY24,7624,9924,6524,834.56M
United TechnologiesUTX64,8965,0964,1264,533.85M
Gilead SciencesGILD66,8766,8765,7265,962.37M
Union PacificUNP90,0092,0289,7490,521.79M
Berkshire HathawayBRK.B3515,003571,503508,503555,0023K
Exchange Rates of November 30th, 2006
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 115,800 JPY1 JPY = 0,009 USD
US DollarCanadian Dollar1 USD = 1,140 CAD1 CAD = 0,877 USD
US DollarSwiss Franc1 USD = 1,198 CHF1 CHF = 0,835 USD
US DollarChinese Yuan1 USD = 7,833 CNY1 CNY = 0,128 USD
EuroJapanese Yen1 EUR = 153,340 JPY1 JPY = 0,007 EUR
EuroPound Sterling1 EUR = 0,673 GBP1 GBP = 1,485 EUR
EuroAustralian Dollar1 EUR = 1,678 AUD1 AUD = 0,596 EUR
EuroCanadian Dollar1 EUR = 1,510 CAD1 CAD = 0,662 EUR
EuroSwiss Franc1 EUR = 1,586 CHF1 CHF = 0,631 EUR
Japanese YenPound Sterling1 JPY = 0,439 GBP1 GBP = 2,278 JPY
Japanese YenAustralian Dollar1 JPY = 1,094 AUD1 AUD = 0,914 JPY
Japanese YenCanadian Dollar1 JPY = 0,985 CAD1 CAD = 1,016 JPY
Japanese YenSwiss Franc1 JPY = 1,034 CHF1 CHF = 0,967 JPY
Pound SterlingAustralian Dollar1 GBP = 2,492 AUD1 AUD = 0,401 GBP
Pound SterlingCanadian Dollar1 GBP = 2,243 CAD1 CAD = 0,446 GBP
Pound SterlingSwiss Franc1 GBP = 2,355 CHF1 CHF = 0,425 GBP
Australian DollarCanadian Dollar1 AUD = 0,900 CAD1 CAD = 1,112 AUD
Australian DollarSwiss Franc1 AUD = 0,945 CHF1 CHF = 1,059 AUD
Canadian DollarSwiss Franc1 CAD = 1,050 CHF1 CHF = 0,953 CAD

See what else happened on November 30th, 2006