Financial news on January 05, 2016

Business and Financial news
A Growing Conflict in Wall St. Buyouts

Andrew Ross Sorkin DealBook column observes that over past few years, new, nefarious relationship has silently grown between biggest private equity firms, banks that lend them billions of dollars for their buyouts, and law firms; contends problem is that banks are forced to use specific law firms, rather than internal counsel, to vet potential loans. Read more..

By ANDREW ROSS SORKIN - The New York Times

Carmakers Set to Grab Spotlight at International CES

Ford Motor and other carmakers will grab spotlight at International Consumer Electronics Show with announcements for new electric vehicles, connected cars and autonomous driving; Read more..

By BILL VLASIC - The New York Times

Fliers Go Their Own Way With Airline Meals

Business travelers are discovering creative ways to make their own meals when flying, as airlines continue to limit food service for most passengers. Read more..

By JOSHUA BROCKMAN - The New York Times

General Motors, Gazing at Future, Invests $500 Million in Lyft

Ride-hailing service Lyft says General Motors has invested $500 million in company, comprising half of its latest $1 billion venture financing round; funding values firm at $4.5 billion, not including new capital. Read more..

By MIKE ISAAC - The New York Times

In Cohen and I.B.M. Insider Trading Cases, Challenges for the S.E.C.

The overturning of a previous conviction in an insider trading case will test the S.E.C.’s efforts in two similar cases. Read more..

By PETER J. HENNING - The New York Times

Longer Tweets Said to Be Coming Soon to Twitter

Twitter is experimenting with introducing a longer form of tweet, in what would be a change to its longtime 140-character limit. Read more..

By MIKE ISAAC - The New York Times

Oil Market Settles Lower, Taking Iran-Saudi Dispute in Stride

Oil prices close lower after early gains, despite feud between Iran and Saudi Arabia; world oil glut persists. Read more..

By STANLEY REED - The New York Times

Puerto Rico Defaults on Debt Payments

Puerto Rico defaults on about $174 million of debt payments, taking cash away from its lower-ranked creditors so it can pay higher-ranked creditors; total debt is over $72 billion. Read more..

By MARY WILLIAMS WALSH - The New York Times

Takata Emails Show Brash Exchanges About Data Tampering

Recently unsealed internal emails obtained by New York Times suggest Takata Corp boldly rigged testing data on its faulty airbags; emails, which discussed testing of airbag inflaters that contain propellant, point to company-wide broad manipulation, involving open communications among Takata employees in Japan and United States. Read more..

By DANIELLE IVORY and HIROKO TABUCHI - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Apple AAPL 105,75 105,85 102,41 102,71 55.8M
General Electric GE 30,68 30,84 30,45 30,74 55.1M
Microsoft MSFT 54,93 55,39 54,54 55,05 34.1M
AT&T Inc. T 34,35 34,69 34,12 34,59 30.7M
Pfizer PFE 32,18 32,25 31,93 32,18 27.3M
Oracle Corp. ORCL 35,86 36,12 35,49 35,64 25.3M
Facebook FB 102,89 103,71 101,67 102,73 23.3M
Cisco Systems CSCO 26,54 26,66 26,18 26,29 22M
General Motors GM 33,33 33,41 32,18 32,43 19.8M
Intel INTC 33,96 34,00 33,53 33,83 16.7M
JPMorgan Chase JPM 63,70 64,13 63,04 63,73 16.5M
Walt Disney & Co. DIS 102,67 102,67 99,89 100,90 16.2M
Coca-Cola KO 42,31 42,63 42,17 42,55 15.8M
Verizon Communications VZ 46,20 46,55 45,63 46,50 15.6M
Wells Fargo & Co. WFC 52,93 53,27 52,55 52,89 14.7M
Comcast CMCSA 55,84 56,05 55,48 55,65 14.2M
HP Inc. HPQ 11,65 11,78 11,58 11,71 13.6M
Wal-Mart Stores WMT 62,03 63,05 61,85 62,92 13.3M
ExxonMobil XOM 77,19 78,14 76,92 78,12 12M
Merck MRK 52,79 53,47 52,67 53,15 11.1M
Gilead Sciences GILD 99,69 99,85 98,70 99,26 9.26M
Visa V 76,25 76,51 75,54 76,27 8.97M
Abbott Laboratories ABT 42,96 43,20 42,61 42,92 8.25M
Procter & Gamble PG 78,44 78,96 78,21 78,62 8.13M
Chevron CVX 89,05 89,65 87,84 89,61 7.88M
Bristol-Myers Squibb BMY 67,50 68,90 67,42 68,35 7.81M
ConocoPhillips COP 46,67 47,52 45,99 47,40 7.01M
Schlumberger SLB 69,34 69,84 68,09 69,50 6.78M
Johnson & Johnson JNJ 100,58 101,44 100,57 100,90 6.47M
Altria MO 57,48 58,74 57,42 58,55 6.41M
McDonald's MCD 117,41 119,23 117,29 119,20 6.31M
Union Pacific UNP 79,01 79,34 77,30 78,21 6.12M
Amazon AMZN 646,86 646,91 627,65 633,79 5.82M
Home Depot HD 131,15 131,94 130,05 130,43 5.32M
Pepsico PEP 98,81 99,85 98,71 99,45 4.89M
United Technologies UTX 95,14 96,00 94,80 95,72 4.25M
Berkshire Hathaway BRK.B 130,75 131,53 129,81 131,25 4.08M
International Business Machines IBM 136,76 136,89 134,85 135,85 3.92M
Boeing BA 140,99 141,70 139,77 141,07 3.35M
UnitedHealth Group UNH 116,72 117,89 116,21 116,68 2.82M
3M MMM 146,82 147,50 145,61 147,46 2.69M
Amgen AMGN 159,00 160,21 157,25 158,17 2.68M
Alphabet GOOGL 764,10 769,20 755,65 761,53 2.26M
Exchange Rates of January 05, 2016
CurrenciesExchange Rates
US Dollar Euro 1 USD = 0,930 EUR 1 EUR = 1,076 USD
US Dollar Japanese Yen 1 USD = 119,116 JPY 1 JPY = 0,008 USD
US Dollar Pound Sterling 1 USD = 0,681 GBP 1 GBP = 1,468 USD
US Dollar Australian Dollar 1 USD = 1,397 AUD 1 AUD = 0,716 USD
US Dollar Canadian Dollar 1 USD = 1,398 CAD 1 CAD = 0,715 USD
US Dollar Swiss Franc 1 USD = 1,009 CHF 1 CHF = 0,992 USD
US Dollar Chinese Yuan 1 USD = 6,522 CNY 1 CNY = 0,153 USD
US Dollar Mexican Peso 1 USD = 17,318 MXN 1 MXN = 0,058 USD
US Dollar Swidish Krona 1 USD = 8,586 SEK 1 SEK = 0,116 USD
Euro Japanese Yen 1 EUR = 128,081 JPY 1 JPY = 0,008 EUR
Euro Pound Sterling 1 EUR = 0,733 GBP 1 GBP = 1,365 EUR
Euro Australian Dollar 1 EUR = 1,502 AUD 1 AUD = 0,666 EUR
Euro Canadian Dollar 1 EUR = 1,503 CAD 1 CAD = 0,665 EUR
Euro Swiss Franc 1 EUR = 1,084 CHF 1 CHF = 0,922 EUR
Euro Chinese Yuan 1 EUR = 7,013 CNY 1 CNY = 0,143 EUR
Euro Mexican Peso 1 EUR = 18,620 MXN 1 MXN = 0,054 EUR
Euro Swidish Krona 1 EUR = 9,233 SEK 1 SEK = 0,108 EUR
Japanese Yen Pound Sterling 1 JPY = 0,006 GBP 1 GBP = 175,439 JPY
Japanese Yen Australian Dollar 1 JPY = 0,012 AUD 1 AUD = 85,470 JPY
Japanese Yen Canadian Dollar 1 JPY = 0,012 CAD 1 CAD = 85,470 JPY
Japanese Yen Swiss Franc 1 JPY = 0,009 CHF 1 CHF = 117,647 JPY
Japanese Yen Chinese Yuan 1 JPY = 0,055 CNY 1 CNY = 18,282 JPY
Japanese Yen Mexican Peso 1 JPY = 0,146 MXN 1 MXN = 6,873 JPY
Japanese Yen Swidish Krona 1 JPY = 0,072 SEK 1 SEK = 13,870 JPY
Pound Sterling Australian Dollar 1 GBP = 2,049 AUD 1 AUD = 0,488 GBP
Pound Sterling Canadian Dollar 1 GBP = 2,051 CAD 1 CAD = 0,487 GBP
Pound Sterling Swiss Franc 1 GBP = 1,480 CHF 1 CHF = 0,676 GBP
Pound Sterling Chinese Yuan 1 GBP = 9,570 CNY 1 CNY = 0,104 GBP
Pound Sterling Mexican Peso 1 GBP = 25,409 MXN 1 MXN = 0,039 GBP
Pound Sterling Swidish Krona 1 GBP = 12,605 SEK 1 SEK = 0,079 GBP
Australian Dollar Canadian Dollar 1 AUD = 1,001 CAD 1 CAD = 0,999 AUD
Australian Dollar Swiss Franc 1 AUD = 0,722 CHF 1 CHF = 1,385 AUD
Australian Dollar Chinese Yuan 1 AUD = 4,669 CNY 1 CNY = 0,214 AUD
Australian Dollar Mexican Peso 1 AUD = 12,409 MXN 1 MXN = 0,081 AUD
Australian Dollar Swidish Krona 1 AUD = 6,143 SEK 1 SEK = 0,163 AUD
Canadian Dollar Swiss Franc 1 CAD = 0,721 CHF 1 CHF = 1,387 CAD
Canadian Dollar Chinese Yuan 1 CAD = 4,665 CNY 1 CNY = 0,214 CAD
Canadian Dollar Mexican Peso 1 CAD = 12,391 MXN 1 MXN = 0,081 CAD
Canadian Dollar Swidish Krona 1 CAD = 6,140 SEK 1 SEK = 0,163 CAD
Swiss Franc Chinese Yuan 1 CHF = 6,467 CNY 1 CNY = 0,155 CHF
Swiss Franc Mexican Peso 1 CHF = 17,184 MXN 1 MXN = 0,058 CHF
Swiss Franc Swidish Krona 1 CHF = 8,514 SEK 1 SEK = 0,117 CHF
Chinese Yuan Swidish Krona 1 CNY = 1,318 SEK 1 SEK = 0,759 CNY

See what else happened on January 05, 2016