Financial news on March 02, 2016

Business and Financial news
A Conversation With Paul L. Whalen

Vivian Marino 30-Minute Interview with Paul L Whalen, partner of New York-based Robert A M Stern Architects. Read more..

By VIVIAN MARINO - The New York Times

A Taunt From Dimon That Wells Fargo Would Be Reckless to Heed

A move into investment banking could help Wells Fargo grow globally, but it would push the lender deeper into businesses it does not know well. Read more..

By JEFFREY GOLDFARB - The New York Times

Aubrey McClendon, Ex-Head of Chesapeake Energy, Is Charged With Conspiracy

Justice Dept announces it has charged former Chesapeake Energy head Aubrey K McClendon with conspiring to keep down prices paid for oil and natural gas leases; McClendon, who bought up gas fields across United States and helped spur natural gas industry, is accused of getting two oil and gas companies to agree to not bid against each other for leases in Oklahoma from 2007 to 2012. Read more..

By CLIFFORD KRAUSS - The New York Times

Auto Sales Up in February, Helped by Cheap Gas and Easy Credit

Several companies report significant increase in United States automobile sales in February, helped by cheap gas and easy credit to buy new vehicles; analysts estimate seasonally adjusted annual sales rate in month will be over 17.5 million vehicles. Read more..

By BILL VLASIC - The New York Times

Glencore’s Big Loss Reflects Hard Times for Mining Companies

Glencore reports $5 billion loss in 2015, attributing decline in its fortunes to global price drop in raw materials; results are in line with other mining companies, which have been struggling in light of Chinese economic slowdown. Read more..

By STANLEY REED - The New York Times

Keeping Track of Windows Updates

Tech Tip Q&A on tracking Windows Updates on PC. Read more..

By J. D. BIERSDORFER - The New York Times

Lawmakers Urge Greater Care With Sales of Distressed Mortgages

A letter to the Housing and Urban Development secretary called for barring aggressive investors from buying distressed mortgages from housing agencies. Read more..

By LIZ MOYER - The New York Times

Negative-Yield Bonds for the Nimble Investor

Negative-yield bonds are worth buying as long as yields keep declining; even small price swings can hurt. Read more..

By SWAHA PATTANAIK - The New York Times

Sanders Campaign Will Travel On, but Path to Victory Is All but Blocked

Bernie Sanders, despite pockets of strength, simply isn’t doing well enough to overcome a huge deficit among black voters. Read more..

By NATE COHN - The New York Times

Stock Exchange Prices Grow So Convoluted Even Traders Are Confused, Study Finds

Royal Bank of Canada report finds United States' computer-driven stock markets are so complex that over 800 different pricing possibilities are being offered to firms across 12 official exchanges at any given time; bank, which is one of most prominent critics of computer-driven stock markets, has released report in advance of Senate hearing that will examine how system became so complicated. Read more..

By NATHANIEL POPPER - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
General Electric GE 29,78 30,18 29,76 30,18 37.2M
Pfizer PFE 30,11 30,16 29,75 29,98 34.3M
Apple AAPL 100,51 100,89 99,64 100,75 33.2M
Microsoft MSFT 52,41 52,96 52,16 52,95 29.3M
Facebook FB 109,68 110,55 108,77 109,95 25.7M
Intel INTC 30,30 30,87 30,12 30,54 23.8M
AT&T Inc. T 37,22 37,69 37,11 37,69 21.5M
JPMorgan Chase JPM 59,20 59,90 58,96 59,76 20.9M
Cisco Systems CSCO 26,80 26,91 26,60 26,90 19M
Wells Fargo & Co. WFC 48,84 49,57 48,61 49,57 18.7M
ConocoPhillips COP 34,28 36,51 34,10 36,49 16.9M
Verizon Communications VZ 51,37 52,20 51,19 52,12 14.8M
ExxonMobil XOM 80,95 82,72 80,31 82,70 14.1M
Coca-Cola KO 43,47 43,77 43,42 43,77 12.9M
Oracle Corp. ORCL 37,76 37,89 37,43 37,76 12.8M
HP Inc. HPQ 10,93 11,06 10,77 10,90 12.5M
Procter & Gamble PG 81,58 82,66 80,85 82,55 12.1M
General Motors GM 30,00 30,32 29,84 30,15 12.1M
Merck MRK 51,63 52,44 51,52 52,27 12M
Gilead Sciences GILD 89,60 89,68 87,96 88,80 10.6M
Johnson & Johnson JNJ 106,91 107,41 106,43 107,04 9.77M
Chevron CVX 85,40 87,18 84,40 87,14 9.64M
Wal-Mart Stores WMT 66,21 66,67 66,00 66,21 9.16M
Comcast CMCSA 58,96 59,42 58,83 59,37 9.06M
Schlumberger SLB 73,47 74,44 72,47 74,41 8.58M
Abbott Laboratories ABT 39,35 39,57 39,10 39,34 7.5M
Walt Disney & Co. DIS 97,67 97,83 96,41 97,00 6.5M
Bristol-Myers Squibb BMY 64,18 65,09 63,71 64,90 6.15M
Visa V 74,50 74,60 73,66 74,30 5.74M
Altria MO 61,48 61,69 61,03 61,50 5.62M
Union Pacific UNP 80,24 80,83 79,25 79,50 5.61M
United Technologies UTX 94,76 96,00 94,40 95,53 5.45M
International Business Machines IBM 133,70 137,44 133,22 136,30 5.22M
Amazon AMZN 581,75 585,00 573,70 580,21 4.58M
Boeing BA 119,63 120,75 118,50 119,65 4.29M
McDonald's MCD 118,56 118,73 117,66 118,48 4.27M
Pepsico PEP 98,05 98,36 97,54 98,33 4.18M
Home Depot HD 125,48 125,87 124,46 125,59 3.97M
Berkshire Hathaway BRK.B 136,95 137,15 135,81 136,73 3.78M
Amgen AMGN 148,00 148,63 146,21 147,49 3.69M
UnitedHealth Group UNH 121,23 121,84 120,37 121,27 2.67M
Alphabet GOOGL 742,87 743,12 733,25 739,48 1.81M
3M MMM 158,88 159,88 158,54 159,41 1.81M
Exchange Rates of March 02, 2016
CurrenciesExchange Rates
US Dollar Euro 1 USD = 0,920 EUR 1 EUR = 1,087 USD
US Dollar Japanese Yen 1 USD = 113,600 JPY 1 JPY = 0,009 USD
US Dollar Pound Sterling 1 USD = 0,710 GBP 1 GBP = 1,408 USD
US Dollar Australian Dollar 1 USD = 1,372 AUD 1 AUD = 0,729 USD
US Dollar Canadian Dollar 1 USD = 1,343 CAD 1 CAD = 0,745 USD
US Dollar Swiss Franc 1 USD = 0,996 CHF 1 CHF = 1,004 USD
US Dollar Chinese Yuan 1 USD = 6,551 CNY 1 CNY = 0,153 USD
US Dollar Mexican Peso 1 USD = 17,820 MXN 1 MXN = 0,056 USD
US Dollar Swidish Krona 1 USD = 8,605 SEK 1 SEK = 0,116 USD
Euro Japanese Yen 1 EUR = 123,462 JPY 1 JPY = 0,008 EUR
Euro Pound Sterling 1 EUR = 0,772 GBP 1 GBP = 1,295 EUR
Euro Australian Dollar 1 EUR = 1,492 AUD 1 AUD = 0,670 EUR
Euro Canadian Dollar 1 EUR = 1,459 CAD 1 CAD = 0,685 EUR
Euro Swiss Franc 1 EUR = 1,083 CHF 1 CHF = 0,923 EUR
Euro Chinese Yuan 1 EUR = 7,118 CNY 1 CNY = 0,140 EUR
Euro Mexican Peso 1 EUR = 19,369 MXN 1 MXN = 0,052 EUR
Euro Swidish Krona 1 EUR = 9,354 SEK 1 SEK = 0,107 EUR
Japanese Yen Pound Sterling 1 JPY = 0,006 GBP 1 GBP = 158,730 JPY
Japanese Yen Australian Dollar 1 JPY = 0,012 AUD 1 AUD = 82,645 JPY
Japanese Yen Canadian Dollar 1 JPY = 0,012 CAD 1 CAD = 84,746 JPY
Japanese Yen Swiss Franc 1 JPY = 0,009 CHF 1 CHF = 113,636 JPY
Japanese Yen Chinese Yuan 1 JPY = 0,058 CNY 1 CNY = 17,361 JPY
Japanese Yen Mexican Peso 1 JPY = 0,157 MXN 1 MXN = 6,369 JPY
Japanese Yen Swidish Krona 1 JPY = 0,076 SEK 1 SEK = 13,210 JPY
Pound Sterling Australian Dollar 1 GBP = 1,932 AUD 1 AUD = 0,518 GBP
Pound Sterling Canadian Dollar 1 GBP = 1,890 CAD 1 CAD = 0,529 GBP
Pound Sterling Swiss Franc 1 GBP = 1,402 CHF 1 CHF = 0,713 GBP
Pound Sterling Chinese Yuan 1 GBP = 9,222 CNY 1 CNY = 0,108 GBP
Pound Sterling Mexican Peso 1 GBP = 25,083 MXN 1 MXN = 0,040 GBP
Pound Sterling Swidish Krona 1 GBP = 12,110 SEK 1 SEK = 0,083 GBP
Australian Dollar Canadian Dollar 1 AUD = 0,978 CAD 1 CAD = 1,022 AUD
Australian Dollar Swiss Franc 1 AUD = 0,726 CHF 1 CHF = 1,378 AUD
Australian Dollar Chinese Yuan 1 AUD = 4,771 CNY 1 CNY = 0,210 AUD
Australian Dollar Mexican Peso 1 AUD = 12,988 MXN 1 MXN = 0,077 AUD
Australian Dollar Swidish Krona 1 AUD = 6,267 SEK 1 SEK = 0,160 AUD
Canadian Dollar Swiss Franc 1 CAD = 0,742 CHF 1 CHF = 1,348 CAD
Canadian Dollar Chinese Yuan 1 CAD = 4,878 CNY 1 CNY = 0,205 CAD
Canadian Dollar Mexican Peso 1 CAD = 13,275 MXN 1 MXN = 0,075 CAD
Canadian Dollar Swidish Krona 1 CAD = 6,406 SEK 1 SEK = 0,156 CAD
Swiss Franc Chinese Yuan 1 CHF = 6,572 CNY 1 CNY = 0,152 CHF
Swiss Franc Mexican Peso 1 CHF = 17,889 MXN 1 MXN = 0,056 CHF
Swiss Franc Swidish Krona 1 CHF = 8,632 SEK 1 SEK = 0,116 CHF
Chinese Yuan Swidish Krona 1 CNY = 1,315 SEK 1 SEK = 0,760 CNY

See what else happened on March 02, 2016