Financial news on October 11, 2013

Business and Financial news
Moving Into a New MacBook Air

How to move personal information from one MacBook to another, and tips on searching safely online. Read more..

By J. D. BIERSDORFER - The New York Times

Pentagon Drops Backup Helmet for F-35 Pilots

Pentagon announces decision to stop working on a conventional backup helmet for pilots of the new F-35 fighter jet and stick with a troubled, but improving, higher-tech model. Read more..

By CHRISTOPHER DREW - The New York Times

Standoff on Debt Default Fails to Rattle Asia, Yet

China, Japan and other Asian nations respond with calm to brinksmanship in American government over default on national debt, despite Asia's significant investment in United States securities; Asian stocks have risen even as US markets decline, though there are signs of anxiety. Read more..

By KEITH BRADSHER - The New York Times

U.S. Jobless Claims Show Sharp Increase

Labor Department reports that applications for weekly unemployment benefits rose by 66,000 to a seasonally adjusted 374,000; sharp increase was largely caused after California processed huge backlog of claims and after partial government shutdown prompted layoffs. Read more..

By THE ASSOCIATED PRESS - The New York Times

VW Plant Opens Door to Union and Dispute

Volkswagon, facing intense pressure from United Automobile Workers to organize its plant in Tennessee, is expected to push for German-style works council as compromise; such councils, common in Europe, are composed of hourly and salaried employees that give labor a voice at management table, though they lack the negotiating and striking capacity of American unions. Read more..

By JACK EWING and BILL VLASIC - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
FacebookFB49,1849,8748,7949,1158.4M
Wells Fargo & Co.WFC40,4441,5140,3041,4346M
General ElectricGE24,3224,4924,2024,4034.2M
JPMorgan ChaseJPM52,9653,3552,1652,5132.5M
MicrosoftMSFT33,6834,1433,6834,1330M
Cisco SystemsCSCO23,0223,3822,9723,2827.8M
IntelINTC22,8323,2622,8223,2624.6M
PfizerPFE28,9228,9328,6328,7224.4M
AT&T Inc.T34,1334,2533,9334,2023.6M
HP Inc.HPQ22,3923,0022,2522,8018.1M
General MotorsGM34,7935,5234,6635,3515.4M
Coca-ColaKO37,9237,9237,5237,7714.3M
Oracle Corp.ORCL33,0833,3832,9433,2614M
ExxonMobilXOM85,9086,9585,5086,9512.7M
Verizon CommunicationsVZ46,8147,0946,6647,0911.1M
MerckMRK47,4247,4947,1547,2910.3M
AppleAAPL486,99493,84485,16492,819.56M
ComcastCMCSA45,1646,2345,1246,069.54M
Johnson & JohnsonJNJ88,6289,4888,0289,458.45M
Gilead SciencesGILD62,9463,4862,3862,698.09M
Home DepotHD75,4576,6375,4276,326.94M
Walt Disney & Co.DIS65,6666,5965,5066,216.74M
ChevronCVX116,57117,71115,93117,676.54M
Wal-Mart StoresWMT74,6174,8373,8374,826.53M
AltriaMO35,5335,6535,3535,546.2M
Procter & GamblePG78,0078,4977,8178,486.08M
SchlumbergerSLB89,0590,2988,5290,025.34M
Bristol-Myers SquibbBMY47,8847,8847,3647,685.15M
Abbott LaboratoriesABT33,6333,9033,4433,765.04M
ConocoPhillipsCOP70,8271,8570,7671,714.59M
BoeingBA118,60119,40117,83117,984.51M
McDonald'sMCD94,6994,8094,3394,744.13M
PepsicoPEP80,7381,0980,4580,834.11M
Berkshire HathawayBRK.B114,85115,83114,20115,813.55M
International Business MachinesIBM185,25186,23184,12186,163.23M
United TechnologiesUTX105,68107,03105,37107,013.2M
VisaV188,80192,20187,50192,202.98M
UnitedHealth GroupUNH73,9374,2773,5074,272.94M
AlphabetGOOGL866,03873,48865,30871,992.81M
3MMMM119,16120,77118,39120,722.49M
AmgenAMGN110,00111,51109,66110,892.43M
AmazonAMZN304,77310,93303,84310,892.16M
Union PacificUNP157,04158,07156,54157,371.58M
Exchange Rates of October 11, 2013
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 98,580 JPY1 JPY = 0,010 USD
US DollarCanadian Dollar1 USD = 1,035 CAD1 CAD = 0,966 USD
US DollarSwiss Franc1 USD = 0,912 CHF1 CHF = 1,097 USD
US DollarChinese Yuan1 USD = 6,121 CNY1 CNY = 0,163 USD
EuroJapanese Yen1 EUR = 133,550 JPY1 JPY = 0,007 EUR
EuroPound Sterling1 EUR = 0,849 GBP1 GBP = 1,178 EUR
EuroAustralian Dollar1 EUR = 1,431 AUD1 AUD = 0,699 EUR
EuroCanadian Dollar1 EUR = 1,402 CAD1 CAD = 0,713 EUR
EuroSwiss Franc1 EUR = 1,235 CHF1 CHF = 0,810 EUR
EuroChinese Yuan1 EUR = 8,290 CNY1 CNY = 0,121 EUR
Japanese YenPound Sterling1 JPY = 0,636 GBP1 GBP = 1,574 JPY
Japanese YenAustralian Dollar1 JPY = 1,071 AUD1 AUD = 0,934 JPY
Japanese YenCanadian Dollar1 JPY = 1,049 CAD1 CAD = 0,953 JPY
Japanese YenSwiss Franc1 JPY = 0,925 CHF1 CHF = 1,081 JPY
Pound SterlingAustralian Dollar1 GBP = 1,685 AUD1 AUD = 0,593 GBP
Pound SterlingCanadian Dollar1 GBP = 1,652 CAD1 CAD = 0,606 GBP
Pound SterlingSwiss Franc1 GBP = 1,454 CHF1 CHF = 0,688 GBP
Pound SterlingChinese Yuan1 GBP = 9,763 CNY1 CNY = 0,102 GBP
Australian DollarCanadian Dollar1 AUD = 0,979 CAD1 CAD = 1,021 AUD
Australian DollarSwiss Franc1 AUD = 0,863 CHF1 CHF = 1,159 AUD
Australian DollarChinese Yuan1 AUD = 5,793 CNY1 CNY = 0,173 AUD
Canadian DollarSwiss Franc1 CAD = 0,880 CHF1 CHF = 1,136 CAD
Canadian DollarChinese Yuan1 CAD = 5,911 CNY1 CNY = 0,169 CAD
Swiss FrancChinese Yuan1 CHF = 6,710 CNY1 CNY = 0,149 CHF

See what else happened on October 11, 2013