Financial news on December 09, 2013

Business and Financial news
Accounts and People of Note in the Advertising Industry

The new cable channel El Rey Network selects agencies, and WPP is merging two tech units, 24/7 Media and Xaxis, for a unified programmatic advertising platform. Read more..

By THE NEW YORK TIMES - The New York Times

Ads Use Famous Figures to Put a Face on a Problem

A campaign to highlight the potential of children with learning difficulties uses famous achievers from history who are believed to have had some of the same problems. Read more..

By STUART ELLIOTT - The New York Times

A Public Works Boom in Japan Has Echoes From the Lost Decade

Japan’s much-lauded growth plan is a throwback to the country’s troubled ’90s when it tried hard to build its way back to prosperity; some economists say country's recovery has become dangerously dependent on large-scale public works spending. Read more..

By HIROKO TABUCHI - The New York Times

A Senator Plans Legislation to Narrow Authorities’ Cellphone Data Requests

Sen Edward J Markey, Massachusetts Democratic, plans to introduce legislation that will provide stronger privacy protections for consumers; included in law will be requirement of warrant for police to get cellphone location information from carrier as proof that it will help uncover evidence of crime; carriers complied with 1.3 million requests from law enforcement agencies in 2011. Read more..

By BRIAN X. CHEN - The New York Times

News From the Advertising Industry

Account assignments, executive appointments and miscellaneous news from advertising agencies. Read more..

By STUART ELLIOTT - The New York Times

Overcoming an Aversion to Loss

The pain of losing is more acute than the pleasure of gain, but sometimes taking a loss is the prudent financial choice. Read more..

By CARL RICHARDS - The New York Times

Q. and A. With Stuart Elliott

When are disclaimers and warning labels adequate? Read more..

By STUART ELLIOTT - The New York Times

TD Ameritrade Commercials Link Olympics and Investing

Advertising column; TD Ameritrade's new campaign, which features seven athletes sponsored by the online broker, draws a parallel between their long journey to the Olympics and the fortitude required of long-term investors. Read more..

By ANDREW ADAM NEWMAN - The New York Times

The Gofer’s Expanding Portfolio

Modern magazine assistants have an understanding of Facebook, Instagram and Twitter that time-stretched, and old school, magazine editors lack; increasingly they are assuming responsibility for spreading the magazine’s message, and brand, across social media. Read more..

By CHRISTINE HAUGHNEY - The New York Times

Where Freedom of the Press Is Muffled

David Carr The Media Equation column discusses efforts in China and even Britain that erode role of free press in democratic society; points out how situations in both countries underscore how transparency, however painful in the moment, allows democracy, business and the citizenry to thrive in the long run. Read more..

By DAVID CARR - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Cisco Systems CSCO 21.30 21.33 21.20 21.22 41.4M
Facebook FB 48.09 48.97 47.74 48.84 36.1M
General Electric GE 26.93 27.33 26.88 27.19 30.7M
Microsoft MSFT 38.56 38.87 38.37 38.71 30.3M
Intel INTC 24.84 25.08 24.68 24.93 29.6M
General Motors GM 40.38 41.17 40.31 40.90 29.3M
Pfizer PFE 31.53 31.69 31.41 31.58 21.3M
AT&T Inc. T 34.51 34.73 34.27 34.69 18M
Gilead Sciences GILD 76.07 76.11 74.23 75.19 17.2M
Oracle Corp. ORCL 35.48 35.75 35.40 35.60 16.8M
ExxonMobil XOM 95.95 96.25 95.60 95.84 15.5M
HP Inc. HPQ 27.61 27.68 27.20 27.25 15.5M
Wells Fargo & Co. WFC 44.14 44.48 44.14 44.32 14M
JPMorgan Chase JPM 56.28 56.53 56.09 56.51 12.7M
Coca-Cola KO 40.40 40.50 40.20 40.40 12.2M
Verizon Communications VZ 49.07 49.63 48.79 49.57 11.9M
Apple AAPL 560.90 569.58 560.90 566.43 11.4M
Merck MRK 49.38 49.85 49.20 49.56 9.33M
Chevron CVX 122.27 123.88 122.16 123.34 7.71M
Bristol-Myers Squibb BMY 50.59 52.00 50.51 51.21 7.68M
Comcast CMCSA 49.44 49.52 48.92 49.14 7.43M
Procter & Gamble PG 84.48 84.94 84.34 84.78 7.4M
Johnson & Johnson JNJ 94.30 94.48 93.70 94.44 6.97M
Altria MO 37.50 37.74 37.31 37.69 6.81M
Walt Disney & Co. DIS 71.36 71.48 70.92 71.11 6.48M
Home Depot HD 79.91 80.60 79.53 79.60 5.8M
Pepsico PEP 82.92 83.20 82.36 82.69 5.37M
Schlumberger SLB 88.52 88.52 86.94 88.03 5.07M
McDonald's MCD 96.13 96.50 95.45 95.72 5.06M
Abbott Laboratories ABT 37.57 37.58 37.16 37.20 4.97M
ConocoPhillips COP 70.55 70.99 70.20 70.44 4.95M
Wal-Mart Stores WMT 80.24 80.43 79.70 79.95 4.49M
UnitedHealth Group UNH 73.50 74.31 73.43 73.72 3.99M
Boeing BA 135.49 135.95 134.57 134.68 3.8M
International Business Machines IBM 177.99 178.15 176.83 177.46 3.8M
Berkshire Hathaway BRK.B 116.88 117.46 116.77 117.14 3.37M
Visa V 201.78 202.70 201.36 201.59 3.17M
Alphabet GOOGL 1070.99 1082.31 1068.02 1078.14 2.96M
United Technologies UTX 111.05 111.55 110.71 111.18 2.8M
Amazon AMZN 388.11 388.21 382.57 384.89 2.76M
Amgen AMGN 114.18 114.32 113.51 113.98 2.45M
3M MMM 128.80 129.18 128.39 128.57 2.06M
Union Pacific UNP 164.56 165.27 163.88 164.50 1.78M
Exchange Rates of December 09, 2013
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 103.260 JPY 1 JPY = 0.010 USD
US Dollar Canadian Dollar 1 USD = 1.063 CAD 1 CAD = 0.941 USD
US Dollar Swiss Franc 1 USD = 0.890 CHF 1 CHF = 1.123 USD
US Dollar Chinese Yuan 1 USD = 6.072 CNY 1 CNY = 0.165 USD
Euro Japanese Yen 1 EUR = 141.857 JPY 1 JPY = 0.007 EUR
Euro Pound Sterling 1 EUR = 0.836 GBP 1 GBP = 1.196 EUR
Euro Australian Dollar 1 EUR = 1.508 AUD 1 AUD = 0.663 EUR
Euro Canadian Dollar 1 EUR = 1.460 CAD 1 CAD = 0.685 EUR
Euro Swiss Franc 1 EUR = 1.223 CHF 1 CHF = 0.818 EUR
Euro Chinese Yuan 1 EUR = 8.341 CNY 1 CNY = 0.120 EUR
Japanese Yen Pound Sterling 1 JPY = 0.589 GBP 1 GBP = 1.698 JPY
Japanese Yen Australian Dollar 1 JPY = 1.062 AUD 1 AUD = 0.941 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.029 CAD 1 CAD = 0.972 JPY
Japanese Yen Swiss Franc 1 JPY = 0.862 CHF 1 CHF = 1.160 JPY
Pound Sterling Australian Dollar 1 GBP = 1.803 AUD 1 AUD = 0.555 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.746 CAD 1 CAD = 0.573 GBP
Pound Sterling Swiss Franc 1 GBP = 1.462 CHF 1 CHF = 0.684 GBP
Pound Sterling Chinese Yuan 1 GBP = 9.973 CNY 1 CNY = 0.100 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.968 CAD 1 CAD = 1.033 AUD
Australian Dollar Swiss Franc 1 AUD = 0.811 CHF 1 CHF = 1.234 AUD
Australian Dollar Chinese Yuan 1 AUD = 5.529 CNY 1 CNY = 0.181 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.837 CHF 1 CHF = 1.194 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5.710 CNY 1 CNY = 0.175 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.817 CNY 1 CNY = 0.147 CHF

See what else happened on December 09, 2013