Financial news on April 11, 2016

Business and Financial news
Activists Push to Continue a Libel Suit Against Them

ChemRisk, a consultant criticized in a Huffington Post article, wants to drop its suit against the activists, but they want legal fees and an apology. Read more..

By BARRY MEIER - The New York Times

Ad Agency Enlists Comedians to Get the Creative Juices Flowing

Advertising column; two-year-old advertising agency How Funworks hopes to disrupt industry with its idea of hosting collaborative workshops at which clients and copywriters are paired with sketch and improv performers; idea is meant to jump-start creativity and shorten amount of time it takes for campaign to be signed off on by client. Read more..

By REBECCA ROTHBAUM - The New York Times

Common Deli Order

A thoughtful gesture from Alan Derkazarian. Read more..

By DEB AMLEN - The New York Times

Donald Trump Finds Support in Reddit’s Unruly Corners

Donald Trump's sharing of video created by anonymous user of website Reddit on his official Twitter account is example of how Trump has relied on social media platforms to spread his message, rather than on organized online operation; Trump's supporters on Reddit are very active and draw significant attention. Read more..

By JOHN HERRMAN - The New York Times

In Settlement’s Fine Print, Goldman May Save $1 Billion

Goldman is the last of the big American banks to settle an inquiry into how Wall Street worsened the mortgage bubble and ensuing financial crisis. Read more..

By NATHANIEL POPPER - The New York Times

Intuit Sheds Its PC Roots and Rises as a Cloud Software Company

Interview with Intuit chief executive Brad D Smith sheds light on company's decision to sell its first product Quicken to private equity firm; company is focusing on its TurboTax and QuickBooks Online products. Read more..

By VINDU GOEL - The New York Times

Live Nation Adds Governors Ball to Its Music Festival Lineup

Live Nation Entertainment has sealed deal to acquire majority stake in Founders Entertainment, which will add Governors Ball music festival in New York to company's line up of top music festivals. Read more..

By BEN SISARIO - The New York Times

Trans-Atlantic Data Deal and Oil Prices at Stake

Privacy watchdogs will give their judgment about a new trans-Atlantic data agreement and officials from major oil exporting countries are expected to discuss a proposed freeze on output at current levels. Read more..

By THE NEW YORK TIMES - The New York Times

Wall Street Earnings: A Grim Quarter for Big Banks

It is shaping up to be another grim year for the nation’s biggest banks. They were hit hard by a bad environment for trading and deal-making. Read more..

By THE NEW YORK TIMES - The New York Times

You're the Conductor: Listen to the Music You Can Create With the Group

Mike Perlis, chief executive of Forbes Media, Read more..

By SONIA KOLESNIKOV-JESSOP - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Pfizer PFE 32.52 32.57 31.87 31.89 83.2M
Facebook FB 110.70 110.91 108.77 108.99 39.8M
Apple AAPL 108.97 110.61 108.83 109.02 29.4M
General Electric GE 30.83 31.00 30.71 30.71 25.1M
Microsoft MSFT 54.49 55.15 54.30 54.31 21.4M
Intel INTC 31.90 32.34 31.66 31.67 19.7M
Cisco Systems CSCO 27.88 28.18 27.61 27.62 18.8M
AT&T Inc. T 38.67 38.69 38.33 38.39 17.7M
JPMorgan Chase JPM 57.91 58.88 57.91 58.20 17.6M
HP Inc. HPQ 12.10 12.44 12.10 12.13 16M
Wells Fargo & Co. WFC 47.11 47.71 47.00 47.03 15.1M
Verizon Communications VZ 52.36 52.40 51.50 51.61 15M
Coca-Cola KO 46.90 47.13 46.41 46.44 11.9M
Oracle Corp. ORCL 40.59 41.08 40.38 40.40 10.4M
ExxonMobil XOM 83.33 84.24 83.28 83.32 9.92M
General Motors GM 29.49 30.04 29.48 29.53 8.86M
Gilead Sciences GILD 96.41 97.05 95.74 95.83 8.8M
Wal-Mart Stores WMT 68.01 68.37 67.38 67.40 7.86M
Schlumberger SLB 74.36 74.91 73.87 73.88 7.46M
ConocoPhillips COP 41.43 41.98 41.15 41.19 7.18M
Comcast CMCSA 61.92 62.10 61.44 61.44 7.17M
Procter & Gamble PG 83.03 83.34 82.66 82.73 7.08M
Merck MRK 55.37 55.74 54.98 55.05 7.07M
McDonald's MCD 128.35 128.69 127.45 127.56 6.97M
Johnson & Johnson JNJ 109.15 109.62 108.65 108.97 6.82M
Chevron CVX 96.87 97.30 95.15 95.24 6.64M
Visa V 78.36 78.78 77.77 77.82 5.96M
Altria MO 64.11 64.16 63.22 63.31 5.93M
Walt Disney & Co. DIS 96.93 97.64 96.20 96.27 5.9M
Pepsico PEP 105.16 105.77 104.16 104.30 5.35M
United Technologies UTX 101.58 102.93 101.11 102.14 4.58M
Union Pacific UNP 79.14 80.51 78.58 78.69 4.11M
Abbott Laboratories ABT 42.47 42.88 42.46 42.48 3.95M
International Business Machines IBM 150.26 151.95 149.22 149.25 3.85M
Boeing BA 128.25 129.90 127.68 127.91 3.61M
Bristol-Myers Squibb BMY 66.20 66.49 65.77 65.98 3.55M
Home Depot HD 133.58 135.08 132.96 133.01 3.47M
UnitedHealth Group UNH 125.83 126.94 125.83 126.33 3.12M
Amgen AMGN 156.40 157.75 155.28 156.39 2.73M
Amazon AMZN 596.14 604.00 594.91 595.93 2.7M
Berkshire Hathaway BRK.B 141.79 142.09 140.96 140.99 2.38M
Alphabet GOOGL 765.45 767.22 757.34 757.54 1.59M
3M MMM 167.12 167.96 166.57 166.59 1.52M
Exchange Rates of April 11, 2016
CurrenciesExchange Rates
US Dollar Euro 1 USD = 0.876 EUR 1 EUR = 1.141 USD
US Dollar Japanese Yen 1 USD = 107.917 JPY 1 JPY = 0.009 USD
US Dollar Pound Sterling 1 USD = 0.703 GBP 1 GBP = 1.423 USD
US Dollar Australian Dollar 1 USD = 1.317 AUD 1 AUD = 0.759 USD
US Dollar Canadian Dollar 1 USD = 1.291 CAD 1 CAD = 0.775 USD
US Dollar Swiss Franc 1 USD = 0.955 CHF 1 CHF = 1.048 USD
US Dollar Chinese Yuan 1 USD = 6.458 CNY 1 CNY = 0.155 USD
US Dollar Mexican Peso 1 USD = 17.649 MXN 1 MXN = 0.057 USD
US Dollar Swidish Krona 1 USD = 8.111 SEK 1 SEK = 0.123 USD
Euro Japanese Yen 1 EUR = 123.136 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.802 GBP 1 GBP = 1.247 EUR
Euro Australian Dollar 1 EUR = 1.503 AUD 1 AUD = 0.666 EUR
Euro Canadian Dollar 1 EUR = 1.473 CAD 1 CAD = 0.679 EUR
Euro Swiss Franc 1 EUR = 1.089 CHF 1 CHF = 0.918 EUR
Euro Chinese Yuan 1 EUR = 7.368 CNY 1 CNY = 0.136 EUR
Euro Mexican Peso 1 EUR = 20.134 MXN 1 MXN = 0.050 EUR
Euro Swidish Krona 1 EUR = 9.256 SEK 1 SEK = 0.108 EUR
Japanese Yen Pound Sterling 1 JPY = 0.007 GBP 1 GBP = 153.846 JPY
Japanese Yen Australian Dollar 1 JPY = 0.012 AUD 1 AUD = 81.967 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.012 CAD 1 CAD = 83.333 JPY
Japanese Yen Swiss Franc 1 JPY = 0.009 CHF 1 CHF = 113.636 JPY
Japanese Yen Chinese Yuan 1 JPY = 0.060 CNY 1 CNY = 16.722 JPY
Japanese Yen Mexican Peso 1 JPY = 0.164 MXN 1 MXN = 6.112 JPY
Japanese Yen Swidish Krona 1 JPY = 0.075 SEK 1 SEK = 13.316 JPY
Pound Sterling Australian Dollar 1 GBP = 1.874 AUD 1 AUD = 0.534 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.836 CAD 1 CAD = 0.545 GBP
Pound Sterling Swiss Franc 1 GBP = 1.358 CHF 1 CHF = 0.736 GBP
Pound Sterling Chinese Yuan 1 GBP = 9.189 CNY 1 CNY = 0.109 GBP
Pound Sterling Mexican Peso 1 GBP = 25.093 MXN 1 MXN = 0.040 GBP
Pound Sterling Swidish Krona 1 GBP = 11.539 SEK 1 SEK = 0.087 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.980 CAD 1 CAD = 1.021 AUD
Australian Dollar Swiss Franc 1 AUD = 0.725 CHF 1 CHF = 1.380 AUD
Australian Dollar Chinese Yuan 1 AUD = 4.903 CNY 1 CNY = 0.204 AUD
Australian Dollar Mexican Peso 1 AUD = 13.408 MXN 1 MXN = 0.075 AUD
Australian Dollar Swidish Krona 1 AUD = 6.157 SEK 1 SEK = 0.162 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.740 CHF 1 CHF = 1.352 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5.004 CNY 1 CNY = 0.200 CAD
Canadian Dollar Mexican Peso 1 CAD = 13.682 MXN 1 MXN = 0.073 CAD
Canadian Dollar Swidish Krona 1 CAD = 6.282 SEK 1 SEK = 0.159 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.765 CNY 1 CNY = 0.148 CHF
Swiss Franc Mexican Peso 1 CHF = 18.500 MXN 1 MXN = 0.054 CHF
Swiss Franc Swidish Krona 1 CHF = 8.496 SEK 1 SEK = 0.118 CHF
Chinese Yuan Swidish Krona 1 CNY = 1.253 SEK 1 SEK = 0.798 CNY

See what else happened on April 11, 2016