Financial news on September 03, 2014

Business and Financial news
Calico, Google's Anti-Aging Company, Announces New Research Facility

A Google-backed biotech company plans to build a new Bay Area-based facility to research diseases that afflict the elderly, such as neurodegeneration and cancer. Read more..

By CONOR DOUGHERTY - The New York Times

Court Challenge to New Inversion Rules Would Face Long Odds

As the government considers new regulations to curb inversions, a review of Tax Court cases shows the rules would most likely withstand any legal challenge. Read more..

By VICTOR FLEISCHER - The New York Times

Daily Report: Release of Nude Celebrity Photos Raises Questions on Web Privacy

After a trove of nude photos of celebrities was posted online, some champions of anything-goes social media were rueful, touching off a larger discussion on the state of privacy and civil liberties on the Internet. Read more..

By THE NEW YORK TIMES - The New York Times

German Online Retailer Zalando Plans I.P.O.

The planned listing in Frankfurt represents the latest milestone for Zalando, which operates online stores in 15 European countries and is one of Europe’s most prominent start-ups. Read more..

By CHAD BRAY - The New York Times

Go Crazy

Samuel “Not The Newscaster” Donaldson goes crazy, but in a good way. Read more..

By DEB AMLEN - The New York Times

Halliburton to Pay $1.1 Billion to Settle Damages in Gulf of Mexico Oil Spill

Halliburton has reached $1.1 billion settlement with thousands of businesses, individuals and local governments that suffered losses from 2010 Deepwater Horizon oil rig explosion; settlement represents small fraction of damages paid out by companies involved in the accident, but goes long way toward resolving Halliburton's exposure to liability claims. Read more..

By CLIFFORD KRAUSS - The New York Times

How Investors Can Kill a Business Without Losing Money Themselves

It all starts so well. You meet venture capitalists and deliver a knockout pitch. They love it, you exchange business cards, they set out the next steps – and then you fall into the trap. Read more..

By REBEKAH CAMPBELL - The New York Times

Regulators Propose Rule to Reduce Risk of Derivatives

The industry has not applied margin requirements evenly across the system. The proposed rule aims to change that. Read more..

By PETER EAVIS - The New York Times

Switzerland Investigates Bank With Ties to Espírito Santo Companies

The Swiss Financial Market Supervisory Authority said it was looking into the role of Banque Privée Espírito Santo in the distribution of financial products of one of the Espírito Santo family companies. Read more..

By CHAD BRAY - The New York Times

ZenPayroll Gives Small Business the Tech Tools of Big Business

For all the crowing about small business as economic driver, big companies seem to get all the good business software. Now a group of cloud services are focusing on the little guy. Read more..

By QUENTIN HARDY - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Apple AAPL 103.10 103.20 98.58 98.94 125M
Microsoft MSFT 44.53 45.11 44.53 44.96 33.7M
Facebook FB 77.14 77.48 75.60 75.83 32.3M
Intel INTC 34.82 34.88 34.45 34.57 26.7M
Cisco Systems CSCO 24.94 25.13 24.92 25.04 22M
Pfizer PFE 29.45 29.53 29.23 29.40 21.1M
General Electric GE 25.98 26.00 25.82 25.95 20M
Home Depot HD 91.11 91.31 88.98 89.00 15.4M
Gilead Sciences GILD 110.00 110.64 108.34 109.43 14.4M
AT&T Inc. T 34.95 35.00 34.82 34.97 13M
JPMorgan Chase JPM 60.02 60.37 59.46 59.70 11.8M
General Motors GM 35.06 35.12 34.46 34.47 11.6M
Oracle Corp. ORCL 41.80 41.95 41.62 41.90 10M
Verizon Communications VZ 49.94 50.00 49.69 49.88 9.1M
Merck MRK 60.12 60.86 60.06 60.48 9.1M
Comcast CMCSA 54.74 55.05 54.62 54.87 8.95M
Coca-Cola KO 41.69 41.85 41.66 41.78 8.64M
ExxonMobil XOM 98.86 99.59 98.86 99.11 8.48M
Wells Fargo & Co. WFC 51.75 52.03 51.40 51.55 7.68M
HP Inc. HPQ 38.13 38.25 38.04 38.07 6.85M
ConocoPhillips COP 80.98 81.37 80.80 80.90 5.9M
Procter & Gamble PG 83.26 83.48 82.77 82.90 5.85M
Pepsico PEP 92.40 92.76 91.81 92.75 4.93M
McDonald's MCD 93.27 93.49 93.04 93.14 4.86M
Bristol-Myers Squibb BMY 50.68 50.76 50.29 50.53 4.77M
Johnson & Johnson JNJ 103.82 104.10 103.54 103.76 4.73M
Wal-Mart Stores WMT 75.95 76.33 75.88 76.01 4.65M
Schlumberger SLB 109.25 109.93 108.11 108.17 4.6M
Abbott Laboratories ABT 42.40 42.79 42.35 42.76 4.14M
Boeing BA 125.46 126.24 125.20 125.94 3.97M
Chevron CVX 128.45 128.88 127.67 127.86 3.85M
Walt Disney & Co. DIS 91.06 91.16 90.67 90.94 3.67M
Altria MO 43.39 43.46 43.11 43.22 3.5M
Union Pacific UNP 106.67 107.38 106.16 106.60 2.84M
UnitedHealth Group UNH 86.78 87.35 86.42 86.79 2.82M
Berkshire Hathaway BRK.B 138.50 138.50 137.34 137.73 2.79M
Amgen AMGN 138.53 138.85 137.34 138.58 2.73M
United Technologies UTX 109.99 110.00 108.82 109.20 2.63M
Amazon AMZN 342.54 343.27 337.55 339.00 1.99M
Visa V 215.07 216.16 214.31 214.90 1.95M
International Business Machines IBM 192.39 192.95 191.86 191.95 1.82M
Alphabet GOOGL 591.73 594.49 586.50 589.52 1.58M
3M MMM 144.47 144.72 143.55 143.82 1.53M
Exchange Rates of September 03, 2014
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 104.850 JPY 1 JPY = 0.010 USD
US Dollar Canadian Dollar 1 USD = 1.089 CAD 1 CAD = 0.918 USD
US Dollar Swiss Franc 1 USD = 0.918 CHF 1 CHF = 1.090 USD
US Dollar Chinese Yuan 1 USD = 6.141 CNY 1 CNY = 0.163 USD
Euro Japanese Yen 1 EUR = 137.860 JPY 1 JPY = 0.007 EUR
Euro Pound Sterling 1 EUR = 0.799 GBP 1 GBP = 1.252 EUR
Euro Australian Dollar 1 EUR = 1.407 AUD 1 AUD = 0.711 EUR
Euro Canadian Dollar 1 EUR = 1.432 CAD 1 CAD = 0.699 EUR
Euro Swiss Franc 1 EUR = 1.207 CHF 1 CHF = 0.829 EUR
Euro Chinese Yuan 1 EUR = 8.074 CNY 1 CNY = 0.124 EUR
Japanese Yen Pound Sterling 1 JPY = 0.579 GBP 1 GBP = 1.727 JPY
Japanese Yen Australian Dollar 1 JPY = 1.020 AUD 1 AUD = 0.980 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.038 CAD 1 CAD = 0.964 JPY
Japanese Yen Swiss Franc 1 JPY = 0.875 CHF 1 CHF = 1.143 JPY
Pound Sterling Australian Dollar 1 GBP = 1.762 AUD 1 AUD = 0.568 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.792 CAD 1 CAD = 0.558 GBP
Pound Sterling Swiss Franc 1 GBP = 1.511 CHF 1 CHF = 0.662 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.108 CNY 1 CNY = 0.099 GBP
Australian Dollar Canadian Dollar 1 AUD = 1.017 CAD 1 CAD = 0.983 AUD
Australian Dollar Swiss Franc 1 AUD = 0.857 CHF 1 CHF = 1.167 AUD
Australian Dollar Chinese Yuan 1 AUD = 5.737 CNY 1 CNY = 0.174 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.843 CHF 1 CHF = 1.187 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5.639 CNY 1 CNY = 0.177 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.691 CNY 1 CNY = 0.149 CHF

See what else happened on September 03, 2014