Financial news on June 08, 2016

Business and Financial news
E-Trade to Introduce Robo-Advisory Service

The new service is primarily a “set it and forget it” approach that uses exchange-traded funds and automatic portfolio updating. Read more..

By LIZ MOYER - The New York Times

Greece Secures Bailout Money With Airport Real Estate Deal

The privatization deal will fulfill a key condition for the money, but it will also displace 3,000 refugees living in a makeshift settlement. Read more..

By NIKI KITSANTONIS - The New York Times

Ingress Has the World as Its Game Board

Ingress, a game originally developed at Google, encourages its one million players to go to actual landmarks in far-flung places. Read more..

By VINDU GOEL - The New York Times

Jeb Hensarling Plan Rekindles Debate as Republicans Aim to Dismantle Dodd-Frank

Rep Jeb Hensarling of Texas, in speech, describes House Republican plan to dismantle 2010 Dodd-Frank financial reform act; plan has rekindled debate over banking regulation. Read more..

By VICTORIA FINKLE - The New York Times

Jobs Threatened by Machines: A Once ‘Stupid’ Concern Gains Respect

Eduardo Porter Economic Scene column examines efforts to develop economic model for how to handle possibility that large numbers of people will become disemployed by technological disruption; notes degree to which economists treat possibility more seriously than before, when it was largely dismissed out of hand. Read more..

By EDUARDO PORTER - The New York Times

Lancôme Provokes Fury After Canceling a Concert in Hong Kong

Lancome's cancellation of Hong Kong concert featuring singer Denise Ho has led to accusations of commercial self-censorship; Ho is vocal supporter of pro-democracy Occupy movement, and many see cancellation as part of corporate effort to avoid offending Chinese government. Read more..

By AMIE TSANG and ALAN WONG - The New York Times

Recent Commercial Real Estate Transactions

Recent commercial real estate transactions in New York City. Read more..

By ROSALIE R. RADOMSKY - The New York Times

SMS Assist, a No-Glamour Start-Up, Becomes a Unicorn

Its latest fund-raising round gives SMS, based in Chicago, a valuation of $1 billion, a company spokesman said. Read more..

By LESLIE PICKER - The New York Times

The Playboy Mansion Has a Buyer: A Twinkie King

Playboy spokesman announces Daren Metropoulos will purchase Playboy Mansion in Los Angeles; magazine's founder Hugh Hefner plans to remain in house indefinitely despite sale. Read more..

By JONAH ENGEL BROMWICH - The New York Times

Tribune Publishing Vote Hands Board a Rebuke

More than 40 percent of shareholders withheld votes for Tribune’s slate of directors, virtually unheard of when proxy advisers support the candidates. Read more..

By JENNIFER SABA - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
General Electric GE 30,23 30,50 30,16 30,31 29.1M
Pfizer PFE 34,77 35,33 34,67 35,25 22.5M
Microsoft MSFT 52,02 52,44 51,87 52,04 21.1M
Apple AAPL 99,02 99,56 98,68 98,94 20.8M
Wells Fargo & Co. WFC 50,25 50,44 49,74 50,00 18.2M
Cisco Systems CSCO 29,09 29,27 29,06 29,14 17.8M
Facebook FB 117,76 118,60 117,27 118,39 14.5M
AT&T Inc. T 39,72 39,87 39,64 39,86 14.4M
General Motors GM 30,00 30,03 29,52 29,57 13M
Intel INTC 31,80 32,00 31,79 31,89 12.7M
Oracle Corp. ORCL 39,16 39,34 38,90 39,28 11.7M
Verizon Communications VZ 51,51 51,70 51,24 51,52 10.5M
ExxonMobil XOM 91,03 91,30 90,53 90,79 9.98M
ConocoPhillips COP 47,95 48,45 47,44 47,49 9.64M
JPMorgan Chase JPM 64,93 65,48 64,92 65,25 9.43M
HP Inc. HPQ 13,69 13,90 13,66 13,87 9.28M
Abbott Laboratories ABT 38,90 39,06 38,65 38,91 9.13M
Visa V 80,60 81,71 80,47 81,65 8.86M
Coca-Cola KO 45,24 45,66 45,19 45,55 7.92M
Merck MRK 56,97 57,87 56,97 57,62 7.79M
Gilead Sciences GILD 87,52 88,09 86,82 87,42 7.33M
Schlumberger SLB 80,73 81,41 80,01 80,81 6.98M
Comcast CMCSA 63,28 63,52 63,06 63,22 6.69M
Chevron CVX 103,55 104,08 102,67 103,09 6.32M
UnitedHealth Group UNH 137,27 140,89 137,00 140,40 6.18M
Wal-Mart Stores WMT 70,85 71,45 70,80 71,28 6.14M
Union Pacific UNP 87,83 90,14 87,80 89,04 6.14M
Johnson & Johnson JNJ 115,52 115,95 115,41 115,80 5.86M
Bristol-Myers Squibb BMY 73,96 73,99 73,28 73,41 5.7M
Walt Disney & Co. DIS 98,49 98,82 97,70 98,04 5.47M
Altria MO 65,02 65,68 64,87 65,62 5.44M
Procter & Gamble PG 82,37 82,75 82,02 82,65 4.71M
McDonald's MCD 121,98 122,49 120,89 122,11 3.93M
Boeing BA 132,52 133,53 132,04 133,00 3.88M
Home Depot HD 130,01 130,30 129,25 129,59 3.74M
International Business Machines IBM 153,53 154,09 153,04 154,00 2.94M
Pepsico PEP 102,36 103,35 102,17 103,18 2.86M
United Technologies UTX 101,45 102,12 101,38 102,07 2.57M
Amgen AMGN 158,48 158,94 157,54 158,00 2.48M
Berkshire Hathaway BRK.B 141,57 142,69 141,53 142,53 2.39M
Amazon AMZN 726,40 729,42 721,60 726,64 2.22M
3M MMM 170,95 171,93 170,65 171,42 1.68M
Alphabet GOOGL 739,50 743,81 735,77 742,93 1.62M
Exchange Rates of June 08, 2016
CurrenciesExchange Rates
US Dollar Euro 1 USD = 0,877 EUR 1 EUR = 1,140 USD
US Dollar Japanese Yen 1 USD = 106,910 JPY 1 JPY = 0,009 USD
US Dollar Pound Sterling 1 USD = 0,689 GBP 1 GBP = 1,451 USD
US Dollar Australian Dollar 1 USD = 1,336 AUD 1 AUD = 0,749 USD
US Dollar Canadian Dollar 1 USD = 1,269 CAD 1 CAD = 0,788 USD
US Dollar Swiss Franc 1 USD = 0,959 CHF 1 CHF = 1,043 USD
US Dollar Chinese Yuan 1 USD = 6,569 CNY 1 CNY = 0,152 USD
US Dollar Mexican Peso 1 USD = 18,121 MXN 1 MXN = 0,055 USD
US Dollar Swidish Krona 1 USD = 8,107 SEK 1 SEK = 0,123 USD
Euro Japanese Yen 1 EUR = 121,873 JPY 1 JPY = 0,008 EUR
Euro Pound Sterling 1 EUR = 0,786 GBP 1 GBP = 1,273 EUR
Euro Australian Dollar 1 EUR = 1,523 AUD 1 AUD = 0,657 EUR
Euro Canadian Dollar 1 EUR = 1,447 CAD 1 CAD = 0,691 EUR
Euro Swiss Franc 1 EUR = 1,093 CHF 1 CHF = 0,915 EUR
Euro Chinese Yuan 1 EUR = 7,487 CNY 1 CNY = 0,134 EUR
Euro Mexican Peso 1 EUR = 20,655 MXN 1 MXN = 0,048 EUR
Euro Swidish Krona 1 EUR = 9,242 SEK 1 SEK = 0,108 EUR
Japanese Yen Pound Sterling 1 JPY = 0,006 GBP 1 GBP = 156,250 JPY
Japanese Yen Australian Dollar 1 JPY = 0,013 AUD 1 AUD = 80,000 JPY
Japanese Yen Canadian Dollar 1 JPY = 0,012 CAD 1 CAD = 84,034 JPY
Japanese Yen Swiss Franc 1 JPY = 0,009 CHF 1 CHF = 111,111 JPY
Japanese Yen Chinese Yuan 1 JPY = 0,061 CNY 1 CNY = 16,287 JPY
Japanese Yen Mexican Peso 1 JPY = 0,169 MXN 1 MXN = 5,903 JPY
Japanese Yen Swidish Krona 1 JPY = 0,076 SEK 1 SEK = 13,193 JPY
Pound Sterling Australian Dollar 1 GBP = 1,938 AUD 1 AUD = 0,516 GBP
Pound Sterling Canadian Dollar 1 GBP = 1,842 CAD 1 CAD = 0,543 GBP
Pound Sterling Swiss Franc 1 GBP = 1,391 CHF 1 CHF = 0,719 GBP
Pound Sterling Chinese Yuan 1 GBP = 9,532 CNY 1 CNY = 0,105 GBP
Pound Sterling Mexican Peso 1 GBP = 26,292 MXN 1 MXN = 0,038 GBP
Pound Sterling Swidish Krona 1 GBP = 11,763 SEK 1 SEK = 0,085 GBP
Australian Dollar Canadian Dollar 1 AUD = 0,950 CAD 1 CAD = 1,053 AUD
Australian Dollar Swiss Franc 1 AUD = 0,718 CHF 1 CHF = 1,394 AUD
Australian Dollar Chinese Yuan 1 AUD = 4,919 CNY 1 CNY = 0,203 AUD
Australian Dollar Mexican Peso 1 AUD = 13,566 MXN 1 MXN = 0,074 AUD
Australian Dollar Swidish Krona 1 AUD = 6,067 SEK 1 SEK = 0,165 AUD
Canadian Dollar Swiss Franc 1 CAD = 0,755 CHF 1 CHF = 1,324 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5,175 CNY 1 CNY = 0,193 CAD
Canadian Dollar Mexican Peso 1 CAD = 14,275 MXN 1 MXN = 0,070 CAD
Canadian Dollar Swidish Krona 1 CAD = 6,385 SEK 1 SEK = 0,157 CAD
Swiss Franc Chinese Yuan 1 CHF = 6,852 CNY 1 CNY = 0,146 CHF
Swiss Franc Mexican Peso 1 CHF = 18,901 MXN 1 MXN = 0,053 CHF
Swiss Franc Swidish Krona 1 CHF = 8,452 SEK 1 SEK = 0,118 CHF
Chinese Yuan Swidish Krona 1 CNY = 1,234 SEK 1 SEK = 0,810 CNY

See what else happened on June 08, 2016