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

StockTicker symbolOpenHighLowCloseVolume
FacebookFB48,6450,7748,5450,2568.5M
Cisco SystemsCSCO21,2621,3421,1521,2146M
MicrosoftMSFT38,6138,9038,0238,1137.8M
General MotorsGM40,5541,1340,4040,4032.5M
General ElectricGE27,0927,3927,0727,1430.9M
Gilead SciencesGILD75,0075,1070,2372,8125.9M
Oracle Corp.ORCL35,4235,4734,7734,8025.5M
PfizerPFE31,4131,4931,2031,3422.7M
AT&T Inc.T34,7934,9134,3934,4018.4M
IntelINTC24,8924,9724,6624,8218.2M
Coca-ColaKO40,2640,2939,7539,8516M
HP Inc.HPQ27,0027,2726,8027,0414.8M
JPMorgan ChaseJPM56,4957,0756,3556,7014.5M
Wells Fargo & Co.WFC44,2244,4444,0544,1114.4M
Verizon CommunicationsVZ49,4949,5048,8549,0513.3M
MerckMRK49,2849,5549,1049,4310.2M
AppleAAPL563,58567,88561,20565,559.94M
ExxonMobilXOM95,9095,9895,3995,719.87M
ComcastCMCSA49,2449,5749,1149,399.53M
AltriaMO37,5837,6337,1037,327.75M
Johnson & JohnsonJNJ94,5894,7993,9694,147.58M
Home DepotHD79,3279,9378,4078,617.45M
Procter & GamblePG84,4184,4383,4383,657.37M
Walt Disney & Co.DIS70,9171,6570,9071,577.11M
Wal-Mart StoresWMT79,7279,8079,0579,086.29M
Bristol-Myers SquibbBMY50,9951,3350,7951,236.12M
ChevronCVX123,79123,94122,70123,665.6M
Abbott LaboratoriesABT37,1137,3436,9637,115.38M
PepsicoPEP82,4582,8182,1182,404.89M
SchlumbergerSLB87,7088,1086,8587,014.87M
ConocoPhillipsCOP70,2070,6369,8170,314.71M
McDonald'sMCD95,6995,7095,0795,434.19M
International Business MachinesIBM176,90177,67176,06177,124.13M
BoeingBA133,65135,04132,18133,704.06M
VisaV200,91201,69199,43199,433.91M
UnitedHealth GroupUNH73,7074,4173,6874,053.74M
AlphabetGOOGL1076,151092,311075,651084,663.7M
AmgenAMGN113,12114,25113,12114,103.46M
Berkshire HathawayBRK.B117,03117,15115,60115,612.97M
United TechnologiesUTX110,67111,61110,09110,982.81M
AmazonAMZN383,74389,06383,02387,782.74M
3MMMM128,07128,53127,53127,552.35M
Union PacificUNP163,69164,81162,38162,761.75M
Exchange Rates of December 10, 2013
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 102,850 JPY1 JPY = 0,010 USD
US DollarCanadian Dollar1 USD = 1,060 CAD1 CAD = 0,943 USD
US DollarSwiss Franc1 USD = 0,887 CHF1 CHF = 1,127 USD
US DollarChinese Yuan1 USD = 6,071 CNY1 CNY = 0,165 USD
EuroJapanese Yen1 EUR = 141,519 JPY1 JPY = 0,007 EUR
EuroPound Sterling1 EUR = 0,837 GBP1 GBP = 1,195 EUR
EuroAustralian Dollar1 EUR = 1,504 AUD1 AUD = 0,665 EUR
EuroCanadian Dollar1 EUR = 1,459 CAD1 CAD = 0,686 EUR
EuroSwiss Franc1 EUR = 1,221 CHF1 CHF = 0,819 EUR
EuroChinese Yuan1 EUR = 8,358 CNY1 CNY = 0,120 EUR
Japanese YenPound Sterling1 JPY = 0,591 GBP1 GBP = 1,692 JPY
Japanese YenAustralian Dollar1 JPY = 1,062 AUD1 AUD = 0,942 JPY
Japanese YenCanadian Dollar1 JPY = 1,030 CAD1 CAD = 0,971 JPY
Japanese YenSwiss Franc1 JPY = 0,863 CHF1 CHF = 1,159 JPY
Pound SterlingAustralian Dollar1 GBP = 1,797 AUD1 AUD = 0,556 GBP
Pound SterlingCanadian Dollar1 GBP = 1,743 CAD1 CAD = 0,574 GBP
Pound SterlingSwiss Franc1 GBP = 1,459 CHF1 CHF = 0,686 GBP
Pound SterlingChinese Yuan1 GBP = 9,979 CNY1 CNY = 0,100 GBP
Australian DollarCanadian Dollar1 AUD = 0,969 CAD1 CAD = 1,032 AUD
Australian DollarSwiss Franc1 AUD = 0,812 CHF1 CHF = 1,232 AUD
Australian DollarChinese Yuan1 AUD = 5,555 CNY1 CNY = 0,180 AUD
Canadian DollarSwiss Franc1 CAD = 0,837 CHF1 CHF = 1,195 CAD
Canadian DollarChinese Yuan1 CAD = 5,712 CNY1 CNY = 0,175 CAD
Swiss FrancChinese Yuan1 CHF = 6,843 CNY1 CNY = 0,146 CHF

See what else happened on December 10, 2013