Financial news on December 10, 2013

Business and Financial news
Airlines’ Credit Card Perks Take It on the Chin

Joe Sharkey On the Road column; American Express Platinum Card will no longer give cardholders free access to the airport lounges of the merged US Airways and American Airlines; points out that for banks and their airline partners, stakes are very high in hardball financial competition. Read more..

By JOE SHARKEY - The New York Times

Chrysler to Recall 5,600 Vehicles; N.H.T.S.A. Investigates Hyundai

Chrysler issues a recall for the 2013 Ram 1500, Chrysler 300 and Dodge Charger for a transmission problem; N.H.T.S.A. may expand a Hyundai recall. Read more..

By CHRISTOPHER JENSEN - The New York Times

Enjoys Fellow Travelers, Even if They Have Flippers

Frequent Flier column features Born Free Foundation chief executive officer Will Travers discussing his flying experiences. Read more..

By WILL TRAVERS - The New York Times

Industrial Production Slows in Germany

The decline in October for a second straight month was the latest sign that the engine of the euro zone recovery might not be growing as well as had been expected. Read more..

By DAVID JOLLY - The New York Times

New G.M. Chief Is Company Woman, Born to It

Mary T. Barra, who has spent 33 years with General Motors, completed a remarkable personal odyssey Tuesday when she was named as its next chief executive. Read more..

By BILL VLASIC - The New York Times

Slight Gains in Market as Optimism Persists

Stock market rises slightly, as investors appear to be encouraged by employment reports and news of progress in federal budget talks. Read more..

By THE ASSOCIATED PRESS - The New York Times

Support, and a Smile, for Same-Sex Marriage

Advertising column; American Civil Liberties Union will launch campaign to draw further attention to issue of marriage equality for gay couples; campaign is rooted in humor. Read more..

By STUART ELLIOTT - The New York Times

U.S. Household Net Worth Rose 2.6% in 3rd Quarter

Federal Reserve says household net worth in United States rose 2.6 percent, to $77.3 trillion, from July through September. Read more..

By THE ASSOCIATED PRESS - The New York Times

With Rental Demand Soaring, Poor Are Feeling Squeezed

Officials say problem of affordable rental housing has reached crisis proportions nationally, affecting millions of poor Americans; demand for rental units has surged, with credit standards tight and many families without downpayment to buy home; supply has declined, with builders and landlords often targeting upper end of market. Read more..

By ANNIE LOWREY - The New York Times

WPP Chief Tempers Buoyant 2014 Ad Forecasts

Martin Sorrell said on Monday that caution remained the watchword for marketer clients of agencies owned by WPP and others. Read more..

By STUART ELLIOTT - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Facebook FB 48.64 50.77 48.54 50.25 68.5M
Cisco Systems CSCO 21.26 21.34 21.15 21.21 46M
Microsoft MSFT 38.61 38.90 38.02 38.11 37.8M
General Motors GM 40.55 41.13 40.40 40.40 32.5M
General Electric GE 27.09 27.39 27.07 27.14 30.9M
Gilead Sciences GILD 75.00 75.10 70.23 72.81 25.9M
Oracle Corp. ORCL 35.42 35.47 34.77 34.80 25.5M
Pfizer PFE 31.41 31.49 31.20 31.34 22.7M
AT&T Inc. T 34.79 34.91 34.39 34.40 18.4M
Intel INTC 24.89 24.97 24.66 24.82 18.2M
Coca-Cola KO 40.26 40.29 39.75 39.85 16M
HP Inc. HPQ 27.00 27.27 26.80 27.04 14.8M
JPMorgan Chase JPM 56.49 57.07 56.35 56.70 14.5M
Wells Fargo & Co. WFC 44.22 44.44 44.05 44.11 14.4M
Verizon Communications VZ 49.49 49.50 48.85 49.05 13.3M
Merck MRK 49.28 49.55 49.10 49.43 10.2M
Apple AAPL 563.58 567.88 561.20 565.55 9.94M
ExxonMobil XOM 95.90 95.98 95.39 95.71 9.87M
Comcast CMCSA 49.24 49.57 49.11 49.39 9.53M
Altria MO 37.58 37.63 37.10 37.32 7.75M
Johnson & Johnson JNJ 94.58 94.79 93.96 94.14 7.58M
Home Depot HD 79.32 79.93 78.40 78.61 7.45M
Procter & Gamble PG 84.41 84.43 83.43 83.65 7.37M
Walt Disney & Co. DIS 70.91 71.65 70.90 71.57 7.11M
Wal-Mart Stores WMT 79.72 79.80 79.05 79.08 6.29M
Bristol-Myers Squibb BMY 50.99 51.33 50.79 51.23 6.12M
Chevron CVX 123.79 123.94 122.70 123.66 5.6M
Abbott Laboratories ABT 37.11 37.34 36.96 37.11 5.38M
Pepsico PEP 82.45 82.81 82.11 82.40 4.89M
Schlumberger SLB 87.70 88.10 86.85 87.01 4.87M
ConocoPhillips COP 70.20 70.63 69.81 70.31 4.71M
McDonald's MCD 95.69 95.70 95.07 95.43 4.19M
International Business Machines IBM 176.90 177.67 176.06 177.12 4.13M
Boeing BA 133.65 135.04 132.18 133.70 4.06M
Visa V 200.91 201.69 199.43 199.43 3.91M
UnitedHealth Group UNH 73.70 74.41 73.68 74.05 3.74M
Alphabet GOOGL 1076.15 1092.31 1075.65 1084.66 3.7M
Amgen AMGN 113.12 114.25 113.12 114.10 3.46M
Berkshire Hathaway BRK.B 117.03 117.15 115.60 115.61 2.97M
United Technologies UTX 110.67 111.61 110.09 110.98 2.81M
Amazon AMZN 383.74 389.06 383.02 387.78 2.74M
3M MMM 128.07 128.53 127.53 127.55 2.35M
Union Pacific UNP 163.69 164.81 162.38 162.76 1.75M
Exchange Rates of December 10, 2013
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 102.850 JPY 1 JPY = 0.010 USD
US Dollar Canadian Dollar 1 USD = 1.060 CAD 1 CAD = 0.943 USD
US Dollar Swiss Franc 1 USD = 0.887 CHF 1 CHF = 1.127 USD
US Dollar Chinese Yuan 1 USD = 6.071 CNY 1 CNY = 0.165 USD
Euro Japanese Yen 1 EUR = 141.519 JPY 1 JPY = 0.007 EUR
Euro Pound Sterling 1 EUR = 0.837 GBP 1 GBP = 1.195 EUR
Euro Australian Dollar 1 EUR = 1.504 AUD 1 AUD = 0.665 EUR
Euro Canadian Dollar 1 EUR = 1.459 CAD 1 CAD = 0.686 EUR
Euro Swiss Franc 1 EUR = 1.221 CHF 1 CHF = 0.819 EUR
Euro Chinese Yuan 1 EUR = 8.358 CNY 1 CNY = 0.120 EUR
Japanese Yen Pound Sterling 1 JPY = 0.591 GBP 1 GBP = 1.692 JPY
Japanese Yen Australian Dollar 1 JPY = 1.062 AUD 1 AUD = 0.942 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.030 CAD 1 CAD = 0.971 JPY
Japanese Yen Swiss Franc 1 JPY = 0.863 CHF 1 CHF = 1.159 JPY
Pound Sterling Australian Dollar 1 GBP = 1.797 AUD 1 AUD = 0.556 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.743 CAD 1 CAD = 0.574 GBP
Pound Sterling Swiss Franc 1 GBP = 1.459 CHF 1 CHF = 0.686 GBP
Pound Sterling Chinese Yuan 1 GBP = 9.979 CNY 1 CNY = 0.100 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.969 CAD 1 CAD = 1.032 AUD
Australian Dollar Swiss Franc 1 AUD = 0.812 CHF 1 CHF = 1.232 AUD
Australian Dollar Chinese Yuan 1 AUD = 5.555 CNY 1 CNY = 0.180 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.837 CHF 1 CHF = 1.195 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5.712 CNY 1 CNY = 0.175 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.843 CNY 1 CNY = 0.146 CHF

See what else happened on December 10, 2013