Financial news on February 03, 2017

Business and Financial news
Amazon’s Holiday Quarter Doesn’t Match High Expectations

Investors have long been generous with Amazon. But lower-than-expected quarterly revenue growth dropped the company’s share price more than 4 percent. Read more..

By NICK WINGFIELD - The New York Times

Fiduciary Rule Is Now in Question. What’s Next for Investors.

What should consumers do now that President Trump is trying to kill a rule that would have forced investment professionals to act in customers’ best interests? Read more..

By RON LIEBER - The New York Times

Immigration Order Complicates U.S. Businesses’ Plans in the Middle East

Companies with interests in Iraq, or ambitions in Iran, are anxious about a deterioration in relations that could deter business travel or investment. Read more..


Josh Miller, Obama’s Digital Product Director, Joins Thrive Capital

The venture capital firm is run by Joshua Kushner, the younger brother of Jared Kushner, President Trump’s son-in-law and adviser. Read more..

By KATIE BENNER - The New York Times

Macy’s Is Said to Receive Takeover Approach by Hudson’s Bay

Once a retail titan, Macy’s has struggled to remain relevant as e-commerce and discount retailers have decimated the traditional brick-and-mortar business. Read more..

By MICHAEL J. de la MERCED and RACHEL ABRAMS - The New York Times

Morning Agenda: Business Leaders and Trump, Snap I.P.O.

The experience of Travis Kalanick, Uber’s chief executive, illustrates how difficult it is for corporate chieftains to balance courting the Trump administration and thinking about their workers. Read more..

By AMIE TSANG - The New York Times

Navigating the Many Offers of Free Tax Help

The Internal Revenue Service and commercial vendors provide free tax software, but the offerings often carry income restrictions, and features vary. Read more..

By ANN CARRNS - The New York Times

Nordstrom Drops Ivanka Trump Brand From Its Stores

The department store chain said it would put the brakes on its relationship with Ms. Trump and it removed her brand from a list on its site. Read more..

By RACHEL ABRAMS - The New York Times

Snap’s Plan Is Most Unfriendly to Outsiders

The company behind the popular disappearing-message app Snapchat is offering three types of shares, and outsiders will get no voting rights. Read more..


U.S. Starts Year With Job Surge, but Pay Gains Are Weak

Employers added 227,000 to payrolls, but pay gains were scant despite increases in minimum-wage laws. The jobless rate ticked up to 4.8 percent. Read more..

By PATRICIA COHEN - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE29.7929.8029.5429.7031.1M
Cisco SystemsCSCO31.2731.3531.1231.3221.3M
Wells Fargo & Co.WFC56.8857.2956.4357.2719.9M
AT&T Inc.T41.4841.5241.2041.2519.1M
JPMorgan ChaseJPM86.1987.3185.8787.1817.9M
Verizon CommunicationsVZ48.4548.6248.3348.5815.2M
General MotorsGM35.9236.3335.6836.3314M
Oracle Corp.ORCL40.0740.4339.9540.4312.9M
HP Inc.HPQ15.2215.3215.1215.2711.7M
Abbott LaboratoriesABT42.9443.1342.5442.7811.6M
Bristol-Myers SquibbBMY50.6050.9150.3650.7810.9M
Gilead SciencesGILD72.7472.7571.7772.348.03M
Walt Disney & Co.DIS110.90111.15110.21110.307.92M
Wal-Mart StoresWMT66.8266.9366.4566.507.62M
Johnson & JohnsonJNJ113.50113.66112.66113.647.27M
Procter & GamblePG88.1288.1787.3987.417.16M
United TechnologiesUTX108.53109.78108.50109.653.41M
Berkshire HathawayBRK.B164.00164.19162.52163.943.35M
International Business MachinesIBM175.00176.34174.89175.823.31M
Union PacificUNP107.48108.84107.35108.513.25M
UnitedHealth GroupUNH161.13162.00160.21161.872.76M
Home DepotHD137.26138.47136.97137.982.65M
Exchange Rates of February 03, 2017
CurrenciesExchange Rates
US DollarEuro1 USD = 0.927 EUR1 EUR = 1.079 USD
US DollarJapanese Yen1 USD = 112.584 JPY1 JPY = 0.009 USD
US DollarPound Sterling1 USD = 0.801 GBP1 GBP = 1.249 USD
US DollarAustralian Dollar1 USD = 1.300 AUD1 AUD = 0.769 USD
US DollarCanadian Dollar1 USD = 1.302 CAD1 CAD = 0.768 USD
US DollarSwiss Franc1 USD = 0.993 CHF1 CHF = 1.007 USD
US DollarChinese Yuan1 USD = 6.865 CNY1 CNY = 0.146 USD
US DollarMexican Peso1 USD = 20.304 MXN1 MXN = 0.049 USD
US DollarSwidish Krona1 USD = 8.763 SEK1 SEK = 0.114 USD
EuroJapanese Yen1 EUR = 121.420 JPY1 JPY = 0.008 EUR
EuroPound Sterling1 EUR = 0.864 GBP1 GBP = 1.158 EUR
EuroAustralian Dollar1 EUR = 1.401 AUD1 AUD = 0.714 EUR
EuroCanadian Dollar1 EUR = 1.402 CAD1 CAD = 0.713 EUR
EuroSwiss Franc1 EUR = 1.070 CHF1 CHF = 0.935 EUR
EuroChinese Yuan1 EUR = 7.402 CNY1 CNY = 0.135 EUR
EuroMexican Peso1 EUR = 21.888 MXN1 MXN = 0.046 EUR
EuroSwidish Krona1 EUR = 9.447 SEK1 SEK = 0.106 EUR
Japanese YenPound Sterling1 JPY = 0.007 GBP1 GBP = 140.845 JPY
Japanese YenAustralian Dollar1 JPY = 0.012 AUD1 AUD = 86.957 JPY
Japanese YenCanadian Dollar1 JPY = 0.012 CAD1 CAD = 86.957 JPY
Japanese YenSwiss Franc1 JPY = 0.009 CHF1 CHF = 113.636 JPY
Japanese YenChinese Yuan1 JPY = 0.061 CNY1 CNY = 16.420 JPY
Japanese YenMexican Peso1 JPY = 0.180 MXN1 MXN = 5.549 JPY
Japanese YenSwidish Krona1 JPY = 0.077 SEK1 SEK = 12.937 JPY
Pound SterlingAustralian Dollar1 GBP = 1.624 AUD1 AUD = 0.616 GBP
Pound SterlingCanadian Dollar1 GBP = 1.625 CAD1 CAD = 0.616 GBP
Pound SterlingSwiss Franc1 GBP = 1.239 CHF1 CHF = 0.807 GBP
Pound SterlingChinese Yuan1 GBP = 8.572 CNY1 CNY = 0.117 GBP
Pound SterlingMexican Peso1 GBP = 25.346 MXN1 MXN = 0.039 GBP
Pound SterlingSwidish Krona1 GBP = 10.937 SEK1 SEK = 0.091 GBP
Australian DollarCanadian Dollar1 AUD = 1.000 CAD1 CAD = 1.000 AUD
Australian DollarSwiss Franc1 AUD = 0.763 CHF1 CHF = 1.311 AUD
Australian DollarChinese Yuan1 AUD = 5.279 CNY1 CNY = 0.189 AUD
Australian DollarMexican Peso1 AUD = 15.617 MXN1 MXN = 0.064 AUD
Australian DollarSwidish Krona1 AUD = 6.735 SEK1 SEK = 0.148 AUD
Canadian DollarSwiss Franc1 CAD = 0.762 CHF1 CHF = 1.312 CAD
Canadian DollarChinese Yuan1 CAD = 5.276 CNY1 CNY = 0.190 CAD
Canadian DollarMexican Peso1 CAD = 15.605 MXN1 MXN = 0.064 CAD
Canadian DollarSwidish Krona1 CAD = 6.729 SEK1 SEK = 0.149 CAD
Swiss FrancChinese Yuan1 CHF = 6.914 CNY1 CNY = 0.145 CHF
Swiss FrancMexican Peso1 CHF = 20.447 MXN1 MXN = 0.049 CHF
Swiss FrancSwidish Krona1 CHF = 8.826 SEK1 SEK = 0.113 CHF

See what else happened on February 03, 2017