Financial news on December 11th, 2013
Business and Financial news
The Consumer Financial Protection Bureau ordered GE Capital Retail Bank to repay customers who were victims of deceptive credit-card tactics. Read more..
Eduardo Porter Economic Scene column observes minimum wage's anti-poverty powers have been declining steadily for decades; points out the United States might not even need a minimum wage if it had some of the institutions that other advanced nations use to put a floor on workers’ living standards, but it does not. Read more..
European Parliament approves rescue plan for European Union's system for trading carbon-emission credits; plan is intended to make it more costly for companies to obtain permits to emit greenhouse gases. Read more..
Gannett Company, one of nation's largest newspaper chains, will try to expand its advertising and circulation revenue by inserting parts of its flagship newspaper USA Today into its local newspapers. Read more..
Jean-Claude Beton, who transformed Orangina, an obscure citrus soda made in the Mediterranean into a distinctive international brand, dies at age 88. Read more..
Mary T. Barra, who will be the next chief executive of General Motors, visited The New York Times in November and sat down with reporters and editors. Read more..
Fresh data painted a picture of an economy that is ticking along with less gusto than in the past few months but more robustly than at the start of this year. Read more..
Advertising column; Vice Media announces it is buying Carrot Creative, digital agency that creates apps, websites and games for media companies and brands. Read more..
Mercedes-Benz says it will build five Vision Gran Tourismo supercars; Fiat invests $12.3 billion in its Italian brands. Read more..
Pegatron Corporation, Taiwanese manufacturer of Apple's iPhones and iPads, acknowledges recent deaths of young workers, but says it is not because of poor conditions at its Shanghai plant; labor rights activists say workers from Pegatron have complained about long working hours and harsh working conditions. Read more..
Stock Markets
Values are reported in US Dollars
Stock | Ticker symbol | Open | High | Low | Close | Volume |
Cisco Systems | CSCO | 20.99 | 21.01 | 20.65 | 20.88 | 66.1M |
FB | 50.55 | 50.77 | 49.01 | 49.38 | 65.8M | |
General Electric | GE | 27.11 | 27.13 | 26.54 | 26.58 | 40.2M |
Microsoft | MSFT | 38.06 | 38.30 | 37.39 | 37.61 | 39.9M |
Pfizer | PFE | 31.31 | 31.34 | 30.52 | 30.65 | 35M |
AT&T Inc. | T | 34.40 | 34.45 | 33.92 | 33.95 | 27.5M |
Intel | INTC | 24.74 | 24.88 | 24.40 | 24.42 | 24.7M |
Wells Fargo & Co. | WFC | 44.07 | 44.17 | 43.48 | 43.52 | 18.2M |
JPMorgan Chase | JPM | 56.54 | 56.77 | 55.96 | 56.07 | 17.8M |
Oracle Corp. | ORCL | 34.95 | 35.06 | 34.42 | 34.56 | 17.2M |
Gilead Sciences | GILD | 72.96 | 73.07 | 70.48 | 70.61 | 16.8M |
General Motors | GM | 40.76 | 40.83 | 40.07 | 40.16 | 16.4M |
Verizon Communications | VZ | 49.00 | 49.00 | 48.04 | 48.49 | 16.2M |
HP Inc. | HPQ | 26.85 | 27.18 | 26.85 | 26.99 | 15.8M |
Coca-Cola | KO | 39.95 | 40.34 | 39.89 | 40.13 | 15M |
Merck | MRK | 49.51 | 49.53 | 48.75 | 48.95 | 14.5M |
Apple | AAPL | 567.00 | 570.97 | 559.69 | 561.36 | 12.8M |
ExxonMobil | XOM | 95.38 | 95.54 | 94.16 | 94.26 | 12.8M |
Visa | V | 201.00 | 207.91 | 201.00 | 205.66 | 10.1M |
Comcast | CMCSA | 49.31 | 49.39 | 48.65 | 48.66 | 9.99M |
Altria | MO | 37.36 | 37.75 | 37.30 | 37.67 | 9.83M |
Procter & Gamble | PG | 83.74 | 84.50 | 83.61 | 84.02 | 9.79M |
Walt Disney & Co. | DIS | 71.73 | 72.13 | 70.43 | 70.52 | 9.52M |
Johnson & Johnson | JNJ | 94.40 | 94.45 | 93.03 | 93.11 | 9.42M |
Home Depot | HD | 78.38 | 79.81 | 78.38 | 79.00 | 7.83M |
Chevron | CVX | 123.82 | 123.89 | 121.80 | 122.10 | 7.31M |
UnitedHealth Group | UNH | 74.08 | 74.10 | 71.90 | 72.14 | 7.3M |
Bristol-Myers Squibb | BMY | 51.11 | 51.11 | 50.39 | 50.65 | 6.77M |
Pepsico | PEP | 82.32 | 83.07 | 82.32 | 82.67 | 6.61M |
Abbott Laboratories | ABT | 37.00 | 37.10 | 36.52 | 36.58 | 6.19M |
Wal-Mart Stores | WMT | 79.10 | 79.72 | 79.05 | 79.09 | 6M |
ConocoPhillips | COP | 70.31 | 70.33 | 69.05 | 69.11 | 5.78M |
Schlumberger | SLB | 87.00 | 87.48 | 85.90 | 86.14 | 5.39M |
McDonald's | MCD | 95.51 | 95.72 | 95.17 | 95.26 | 5.19M |
International Business Machines | IBM | 177.00 | 177.76 | 175.10 | 175.20 | 4.09M |
3M | MMM | 128.74 | 129.66 | 126.71 | 126.77 | 3.9M |
Berkshire Hathaway | BRK.B | 115.60 | 115.80 | 114.28 | 114.51 | 3.75M |
Amgen | AMGN | 114.45 | 114.45 | 112.99 | 113.05 | 3.66M |
United Technologies | UTX | 111.08 | 111.20 | 108.65 | 108.66 | 3.46M |
Alphabet | GOOGL | 1087.40 | 1091.32 | 1075.17 | 1077.29 | 3.42M |
Boeing | BA | 133.70 | 133.81 | 132.44 | 132.56 | 3.36M |
Amazon | AMZN | 387.34 | 388.98 | 382.00 | 382.19 | 2.45M |
Union Pacific | UNP | 162.80 | 163.50 | 160.50 | 160.70 | 2.12M |
Exchange Rates of December 11th, 2013
Currencies | Exchange Rates | ||
US Dollar | Japanese Yen | 1 USD = 102.420 JPY | 1 JPY = 0.010 USD |
US Dollar | Canadian Dollar | 1 USD = 1.059 CAD | 1 CAD = 0.944 USD |
US Dollar | Swiss Franc | 1 USD = 0.886 CHF | 1 CHF = 1.128 USD |
US Dollar | Chinese Yuan | 1 USD = 6.072 CNY | 1 CNY = 0.165 USD |
Euro | Japanese Yen | 1 EUR = 141.190 JPY | 1 JPY = 0.007 EUR |
Euro | Pound Sterling | 1 EUR = 0.842 GBP | 1 GBP = 1.188 EUR |
Euro | Australian Dollar | 1 EUR = 1.523 AUD | 1 AUD = 0.656 EUR |
Euro | Canadian Dollar | 1 EUR = 1.459 CAD | 1 CAD = 0.685 EUR |
Euro | Swiss Franc | 1 EUR = 1.222 CHF | 1 CHF = 0.818 EUR |
Euro | Chinese Yuan | 1 EUR = 8.369 CNY | 1 CNY = 0.119 EUR |
Japanese Yen | Pound Sterling | 1 JPY = 0.596 GBP | 1 GBP = 1.678 JPY |
Japanese Yen | Australian Dollar | 1 JPY = 1.078 AUD | 1 AUD = 0.927 JPY |
Japanese Yen | Canadian Dollar | 1 JPY = 1.033 CAD | 1 CAD = 0.968 JPY |
Japanese Yen | Swiss Franc | 1 JPY = 0.865 CHF | 1 CHF = 1.156 JPY |
Pound Sterling | Australian Dollar | 1 GBP = 1.809 AUD | 1 AUD = 0.553 GBP |
Pound Sterling | Canadian Dollar | 1 GBP = 1.734 CAD | 1 CAD = 0.577 GBP |
Pound Sterling | Swiss Franc | 1 GBP = 1.451 CHF | 1 CHF = 0.689 GBP |
Pound Sterling | Chinese Yuan | 1 GBP = 9.942 CNY | 1 CNY = 0.101 GBP |
Australian Dollar | Canadian Dollar | 1 AUD = 0.958 CAD | 1 CAD = 1.044 AUD |
Australian Dollar | Swiss Franc | 1 AUD = 0.802 CHF | 1 CHF = 1.247 AUD |
Australian Dollar | Chinese Yuan | 1 AUD = 5.494 CNY | 1 CNY = 0.182 AUD |
Canadian Dollar | Swiss Franc | 1 CAD = 0.837 CHF | 1 CHF = 1.195 CAD |
Canadian Dollar | Chinese Yuan | 1 CAD = 5.734 CNY | 1 CNY = 0.174 CAD |
Swiss Franc | Chinese Yuan | 1 CHF = 6.847 CNY | 1 CNY = 0.146 CHF |
See what else happened on December 11th, 2013