Financial news on January 07, 2016

Business and Financial news
6 Tips for Investors When the Stock Market Tumbles

The impulse when the stock market falls hard for a few days in a row is to do something but it probably doesn’t make much sense to overhaul an investment strategy based on a blip of market activity. Read more..

By RON LIEBER - The New York Times

A Bright Idea Among Wall Street’s European Pay Disclosures

JPMorgan Chase’s policy of canceling bonuses if a group’s long-term returns aren’t met could make pay more defensible. Read more..

By DOMINIC ELLIOTT - The New York Times

At CES, Netflix Adds Over 130 Countries to Streaming Service

Netflix goes live with its streaming television service in 130 more countries, for total of 190 worldwide, in line with its aggressive expansion; one major exception is China, which boasts 25 percent of world's broadband households. Read more..

By EMILY STEEL - The New York Times

At Morgan Stanley, a Promotion and a Departure in the Top Executive Ranks

Executive shuffle at Morgan Stanley results in departure of Gregory J Fleming; chief executive James P Gorman names Colm Kelleher to number two position at firm. Read more..

By NATHANIEL POPPER - The New York Times

Edit Tweets? Users Debate a Missing Twitter Feature

Amid the uproar over a plan for 10,000-character tweets, users press for the ability to fix their typos. Read more..

By KATIE ROGERS - The New York Times

Fed Minutes Show Some Concern on Economic Outlook

Minutes of Federal Reserve's December meeting indicate worries about vigor of economic recovery could slow advance toward higher interest rates; differences in timing and frequency of rate increases exist. Read more..

By BINYAMIN APPELBAUM - The New York Times

Private Capital Fund-Raising Goal Rises to a Record $946 Billion

Another year of growth is expected in investments in private equity, debt, real estate, infrastructure and natural resources funds. Read more..

By LIZ MOYER - The New York Times

Starboard Value Calls for Shake-Up at Yahoo and Shift in Strategy

Hedge fund Starboard Value, which has long scored Yahoo's management, calls for changes to board and leadership to accompany strategy shift; says otherwise it may attempt to run its own slate of directors. Read more..

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

Taxpayer Advocate Warns of ‘Pay to Play’ I.R.S. System

Internal Revenue Service plans to rely more on technology and tax preparers, but only taxpayers who pay for personalized service will receive it. Read more..

By PATRICIA COHEN - The New York Times

United Airlines Chief, Oscar Munoz, Has Heart Transplant

United Airlines says president and chief executive Oscar Munoz had heart transplant surgery. Read more..

By JAD MOUAWAD - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
General Electric GE 29.65 29.96 28.85 28.97 92.2M
Apple AAPL 98.68 100.13 96.43 96.45 81.1M
Microsoft MSFT 52.70 53.49 52.07 52.17 56.6M
Facebook FB 100.50 101.43 97.30 97.92 45.2M
Cisco Systems CSCO 25.49 25.74 25.12 25.41 43.2M
Intel INTC 32.28 33.01 31.84 31.84 37.7M
Pfizer PFE 31.16 31.81 31.14 31.40 37.2M
AT&T Inc. T 33.62 34.10 33.51 33.51 35.1M
Wells Fargo & Co. WFC 51.01 51.19 50.15 50.40 30.4M
JPMorgan Chase JPM 61.46 62.00 60.08 60.27 27.6M
Wal-Mart Stores WMT 62.97 65.23 62.92 65.03 26.4M
HP Inc. HPQ 11.05 11.05 10.72 10.77 25.5M
Oracle Corp. ORCL 35.25 35.68 34.88 35.04 22.6M
ExxonMobil XOM 76.06 77.99 75.90 76.23 21.3M
General Motors GM 30.26 30.82 29.83 29.99 21M
Coca-Cola KO 41.65 42.11 41.45 41.62 20.6M
Verizon Communications VZ 45.12 45.67 45.00 45.27 19.3M
Comcast CMCSA 54.09 55.36 53.77 54.61 16.2M
Chevron CVX 84.55 85.75 82.67 83.02 15.4M
Walt Disney & Co. DIS 98.96 101.35 98.52 99.50 14.7M
Gilead Sciences GILD 98.06 99.00 96.03 96.25 12.9M
Merck MRK 51.52 52.32 51.44 51.96 12.7M
Home Depot HD 126.93 127.88 124.70 125.40 12.5M
Visa V 73.76 75.09 73.35 73.79 12.5M
Schlumberger SLB 66.23 67.76 65.80 66.19 12M
Procter & Gamble PG 76.85 77.60 76.07 77.18 12M
ConocoPhillips COP 44.74 45.62 43.92 44.06 10.8M
Johnson & Johnson JNJ 99.31 100.09 98.88 99.22 9.43M
Union Pacific UNP 73.39 74.19 72.42 73.08 9.08M
Bristol-Myers Squibb BMY 65.85 66.69 64.95 65.29 8.44M
McDonald's MCD 117.44 117.97 115.59 115.66 7.47M
Berkshire Hathaway BRK.B 129.25 130.54 129.00 129.48 7.38M
Altria MO 57.92 59.30 57.83 58.14 7.31M
Abbott Laboratories ABT 41.68 42.18 41.40 41.54 7.15M
Amazon AMZN 621.80 630.00 605.21 607.94 7.07M
International Business Machines IBM 133.70 135.02 132.43 132.86 7.02M
Boeing BA 136.38 136.67 132.51 133.01 7.01M
United Technologies UTX 91.47 93.35 91.43 91.90 6.98M
Pepsico PEP 98.46 98.98 97.21 97.57 5.44M
UnitedHealth Group UNH 113.63 114.09 111.42 112.09 5.28M
Amgen AMGN 153.06 156.45 152.89 152.98 4.16M
3M MMM 142.52 143.13 140.63 140.97 3.55M
Alphabet GOOGL 746.49 755.31 735.28 741.00 3.16M
Exchange Rates of January 07, 2016
CurrenciesExchange Rates
US Dollar Euro 1 USD = 0.915 EUR 1 EUR = 1.093 USD
US Dollar Japanese Yen 1 USD = 117.593 JPY 1 JPY = 0.009 USD
US Dollar Pound Sterling 1 USD = 0.684 GBP 1 GBP = 1.463 USD
US Dollar Australian Dollar 1 USD = 1.425 AUD 1 AUD = 0.702 USD
US Dollar Canadian Dollar 1 USD = 1.412 CAD 1 CAD = 0.708 USD
US Dollar Swiss Franc 1 USD = 0.994 CHF 1 CHF = 1.006 USD
US Dollar Chinese Yuan 1 USD = 6.600 CNY 1 CNY = 0.152 USD
US Dollar Mexican Peso 1 USD = 17.818 MXN 1 MXN = 0.056 USD
US Dollar Swidish Krona 1 USD = 8.470 SEK 1 SEK = 0.118 USD
Euro Japanese Yen 1 EUR = 128.440 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.747 GBP 1 GBP = 1.339 EUR
Euro Australian Dollar 1 EUR = 1.556 AUD 1 AUD = 0.643 EUR
Euro Canadian Dollar 1 EUR = 1.542 CAD 1 CAD = 0.648 EUR
Euro Swiss Franc 1 EUR = 1.086 CHF 1 CHF = 0.921 EUR
Euro Chinese Yuan 1 EUR = 7.198 CNY 1 CNY = 0.139 EUR
Euro Mexican Peso 1 EUR = 19.462 MXN 1 MXN = 0.051 EUR
Euro Swidish Krona 1 EUR = 9.249 SEK 1 SEK = 0.108 EUR
Japanese Yen Pound Sterling 1 JPY = 0.006 GBP 1 GBP = 172.414 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 = 83.333 JPY
Japanese Yen Swiss Franc 1 JPY = 0.008 CHF 1 CHF = 119.048 JPY
Japanese Yen Chinese Yuan 1 JPY = 0.056 CNY 1 CNY = 17.857 JPY
Japanese Yen Mexican Peso 1 JPY = 0.152 MXN 1 MXN = 6.601 JPY
Japanese Yen Swidish Krona 1 JPY = 0.072 SEK 1 SEK = 13.889 JPY
Pound Sterling Australian Dollar 1 GBP = 2.084 AUD 1 AUD = 0.480 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.065 CAD 1 CAD = 0.484 GBP
Pound Sterling Swiss Franc 1 GBP = 1.454 CHF 1 CHF = 0.688 GBP
Pound Sterling Chinese Yuan 1 GBP = 9.639 CNY 1 CNY = 0.104 GBP
Pound Sterling Mexican Peso 1 GBP = 26.072 MXN 1 MXN = 0.038 GBP
Pound Sterling Swidish Krona 1 GBP = 12.386 SEK 1 SEK = 0.081 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.991 CAD 1 CAD = 1.009 AUD
Australian Dollar Swiss Franc 1 AUD = 0.697 CHF 1 CHF = 1.434 AUD
Australian Dollar Chinese Yuan 1 AUD = 4.624 CNY 1 CNY = 0.216 AUD
Australian Dollar Mexican Peso 1 AUD = 12.512 MXN 1 MXN = 0.080 AUD
Australian Dollar Swidish Krona 1 AUD = 5.941 SEK 1 SEK = 0.168 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.704 CHF 1 CHF = 1.421 CAD
Canadian Dollar Chinese Yuan 1 CAD = 4.669 CNY 1 CNY = 0.214 CAD
Canadian Dollar Mexican Peso 1 CAD = 12.631 MXN 1 MXN = 0.079 CAD
Canadian Dollar Swidish Krona 1 CAD = 5.996 SEK 1 SEK = 0.167 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.628 CNY 1 CNY = 0.151 CHF
Swiss Franc Mexican Peso 1 CHF = 17.933 MXN 1 MXN = 0.056 CHF
Swiss Franc Swidish Krona 1 CHF = 8.515 SEK 1 SEK = 0.117 CHF
Chinese Yuan Swidish Krona 1 CNY = 1.289 SEK 1 SEK = 0.776 CNY

See what else happened on January 07, 2016