Financial news on September 04, 2014

Business and Financial news
Credit Card Offers Are Not Always What They Seem

Your Money Adviser column asserts that promotional offers for transferring balances to low-interest credit cards can carry risks that consumers may not fully understand; provides some tips for avoiding pitfalls. Read more..

By ANN CARRNS - The New York Times

E.C.B., Despite Mounting Pressure, May Wait and See

The European Central Bank meets on Thursday and is widely expected to gauge the results of a new loan program before taking further stimulus steps. Read more..

By JACK EWING - The New York Times

Fed Reports Expansion as Economy Improves

Federal Reserve reports economic growth across all regions of United States in July and August 2014, while Commerce Dept report shows increase in business orders for factory goods in July. Read more..

By THE ASSOCIATED PRESS - The New York Times

George Clooney to Direct Film on Phone-Hacking Scandal

George Clooney is to direct Sony Pictures Entertainment film based on Nick Davies book Hack Attack: The Inside Story of How the Truth Caught Up With Rupert Murdoch. Read more..

By BROOKS BARNES - The New York Times

Hit by Russian Boycott, European Union Increases Marketing Budget for Its Farm Goods

Dacian Ciolos, European Union’s agriculture commissioner, says he will double funds available for promoting the sale of farm goods; move is effort to counteract the effects of boycott by Russia, important export market for European producers. Read more..

By JAMES KANTER - The New York Times

Job Creation Should Be Policy Priority, O.E.C.D. Report Finds

High joblessness in the developed world results mostly from the tepid pace of recovery, data from the Organization for Economic Cooperation and Development shows. Read more..

By DAVID JOLLY - The New York Times

Path of Stolen Credit Cards Leads Back to Home Depot Stores

Thousands of fresh credit and debit card numbers that have surfaced on identity theft black market appear to trace back to breach at Home Depot; if valid, hack would top record-setting 2013 breach of Target's network. Read more..

By NICOLE PERLROTH - The New York Times

Profit at Toll Brothers More Than Doubles

Toll Brothers reports net income for fiscal third quarter of $97.7 million, or 53 cents a share, up from $46.6 million, or 26 cents a share, in year-ago period; revenue for the period rose 53 percent, to $1.06 billion from $689.2 million. Read more..

By THE ASSOCIATED PRESS - The New York Times

Rdio Moves to Free Music Model to Compete with Spotify and Others

Rdio’s new design draws heavily on an Internet radio format popularized by Pandora. Read more..

By BEN SISARIO - The New York Times

Sound, via Bluetooth, Straight to Speakers

Gadgetwise column offers guide to wireless Bluetooth speakers. Read more..

By JACK BELL - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Apple AAPL 98.85 100.09 97.79 98.12 85.6M
Intel INTC 34.53 35.09 34.52 34.91 27.6M
General Electric GE 25.99 26.13 25.89 25.96 26.9M
Facebook FB 75.89 76.93 75.53 75.95 26.6M
Microsoft MSFT 44.74 45.27 44.72 45.26 26.5M
Pfizer PFE 29.53 29.55 29.30 29.37 22.3M
Cisco Systems CSCO 25.08 25.14 24.83 24.91 20.3M
Coca-Cola KO 41.80 42.17 41.73 41.87 16.8M
Gilead Sciences GILD 109.81 110.00 106.27 106.86 13.8M
Comcast CMCSA 55.24 55.39 54.83 54.88 13.2M
AT&T Inc. T 34.98 35.00 34.82 34.94 12.5M
Oracle Corp. ORCL 41.89 42.09 41.37 41.55 12.2M
Merck MRK 60.57 61.00 59.92 60.08 10.8M
JPMorgan Chase JPM 59.63 60.14 59.43 59.71 9.81M
ExxonMobil XOM 99.00 99.45 97.97 98.36 9.65M
General Motors GM 34.49 34.92 34.44 34.63 9.57M
Verizon Communications VZ 49.93 49.94 49.51 49.72 9.47M
HP Inc. HPQ 38.05 38.25 37.48 37.66 8.63M
Home Depot HD 89.00 90.75 89.00 89.93 8.45M
Wells Fargo & Co. WFC 51.49 51.92 51.40 51.57 8.2M
Procter & Gamble PG 82.92 83.75 82.78 83.70 7.44M
Schlumberger SLB 108.24 108.27 105.09 105.64 7.41M
Johnson & Johnson JNJ 103.99 104.10 103.76 103.84 6.15M
ConocoPhillips COP 81.14 81.24 79.45 79.85 5.77M
Walt Disney & Co. DIS 90.87 91.20 90.01 90.14 5.42M
Wal-Mart Stores WMT 76.16 76.60 76.11 76.56 5.22M
Chevron CVX 128.21 128.46 126.20 126.80 5.19M
Bristol-Myers Squibb BMY 50.67 50.68 50.30 50.55 4.93M
McDonald's MCD 93.02 93.23 92.80 93.01 4.85M
Altria MO 43.22 43.48 43.05 43.14 4.58M
Union Pacific UNP 106.77 108.74 106.65 107.25 4.58M
Pepsico PEP 92.95 93.15 91.77 91.85 4.47M
Abbott Laboratories ABT 42.80 43.08 42.67 42.90 4.12M
Amazon AMZN 343.69 349.38 343.58 345.95 3.95M
UnitedHealth Group UNH 86.76 88.45 86.71 87.06 3.65M
Amgen AMGN 138.74 139.50 137.53 138.01 2.98M
Boeing BA 126.38 126.75 125.26 125.46 2.98M
International Business Machines IBM 191.69 192.69 190.06 190.68 2.86M
United Technologies UTX 109.49 109.65 109.06 109.22 2.86M
Berkshire Hathaway BRK.B 137.97 138.55 137.42 137.95 2.56M
Visa V 215.44 216.12 214.00 214.26 2.37M
Alphabet GOOGL 592.13 598.00 590.60 593.14 1.63M
3M MMM 144.21 144.65 143.35 143.61 1.55M
Exchange Rates of September 04, 2014
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 105.290 JPY 1 JPY = 0.009 USD
US Dollar Canadian Dollar 1 USD = 1.088 CAD 1 CAD = 0.920 USD
US Dollar Swiss Franc 1 USD = 0.933 CHF 1 CHF = 1.072 USD
US Dollar Chinese Yuan 1 USD = 6.138 CNY 1 CNY = 0.163 USD
Euro Japanese Yen 1 EUR = 136.210 JPY 1 JPY = 0.007 EUR
Euro Pound Sterling 1 EUR = 0.793 GBP 1 GBP = 1.261 EUR
Euro Australian Dollar 1 EUR = 1.385 AUD 1 AUD = 0.722 EUR
Euro Canadian Dollar 1 EUR = 1.407 CAD 1 CAD = 0.711 EUR
Euro Swiss Franc 1 EUR = 1.206 CHF 1 CHF = 0.829 EUR
Euro Chinese Yuan 1 EUR = 7.940 CNY 1 CNY = 0.126 EUR
Japanese Yen Pound Sterling 1 JPY = 0.582 GBP 1 GBP = 1.719 JPY
Japanese Yen Australian Dollar 1 JPY = 1.016 AUD 1 AUD = 0.985 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.032 CAD 1 CAD = 0.969 JPY
Japanese Yen Swiss Franc 1 JPY = 0.885 CHF 1 CHF = 1.129 JPY
Pound Sterling Australian Dollar 1 GBP = 1.746 AUD 1 AUD = 0.573 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.775 CAD 1 CAD = 0.563 GBP
Pound Sterling Swiss Franc 1 GBP = 1.521 CHF 1 CHF = 0.657 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.015 CNY 1 CNY = 0.100 GBP
Australian Dollar Canadian Dollar 1 AUD = 1.016 CAD 1 CAD = 0.984 AUD
Australian Dollar Swiss Franc 1 AUD = 0.871 CHF 1 CHF = 1.148 AUD
Australian Dollar Chinese Yuan 1 AUD = 5.735 CNY 1 CNY = 0.174 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.857 CHF 1 CHF = 1.167 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5.643 CNY 1 CNY = 0.177 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.582 CNY 1 CNY = 0.152 CHF

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