Financial news on June 13, 2016

Business and Financial news
Bill Simmons Prepares to Stand Up to Sports Incorporated

Jim Rutenberg Mediator column examines story behind dispute between ESPN and sportswriter and commentator Bill Simmons; notes Simmons, since being fired from ESPN for criticizing NFL commissioner Roger Goodell, has secured HBO show Any Given Wednesday; reflects on how media organizations that depend on NFL for ratings handle criticism of league. Read more..

By JIM RUTENBERG - The New York Times

Blue Coat to Sell Itself to Symantec, Abandoning I.P.O. Plans

Blue Coat Systems announces it will be bought by Symantec for $4.65 billion. Read more..

By MICHAEL J. de la MERCED - The New York Times

Cable Industry Mobilizes Lobbying Army to Block F.C.C. Moves

Several proposed Federal Communications Commission regulations have sparked biggest lobbying push by $115 billion cable industry since 2009, when agency crafted net neutrality rules; issues include regulation of set-top boxes and stricter broadband privacy rules. Read more..

By CECILIA KANG - The New York Times

Comparing Gun Deaths by Country: The U.S. Is in a Different World

In most advanced countries, gun homicides are as rare as deaths from falling tree limbs or plane crashes. Read more..

By KEVIN QUEALY and MARGOT SANGER-KATZ - The New York Times

Microsoft’s Biggest Deal

In its biggest acquisition ever, Microsoft announced that it would buy the social networking site Linkedin for $26.2 billion in cash. LinkedIn’s share value rose nearly 50 percent on the news. Read more..

By THE NEW YORK TIMES - The New York Times

The End of the George Washington Bridge

A smooth Tuesday crossword by Tracy Gray. Read more..

By DEB AMLEN - The New York Times

Travel Problems

Three logical challenges to bring on your next vacation. Read more..

By GARY ANTONICK - The New York Times

When the Lone Ranger and Gracie Allen Pitched Their Sponsors’ Products

Advertising column; segment on The Late Show with Stephen Colbert that featured bowl of Lucky Charms cereal and passing reference to Wheaties, both General Mills brands, points to how ingrained General Mills products are in national consciousness; company has archive in its Minnesota headquarters that houses brand memorabilia from over decades, and has made some items available to media in celebration of 150th anniversary. Read more..

By PAT BORZI - The New York Times

Which Labor Market Data Should You Believe?

Two important measures of how the job market is doing seem to point in opposite directions. Read more..

By BINYAMIN APPELBAUM - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Microsoft MSFT 49.58 50.72 49.06 50.14 83.2M
Apple AAPL 98.69 99.12 97.10 97.34 38M
General Electric GE 29.98 30.13 29.79 29.83 33M
Facebook FB 115.00 115.48 113.31 113.95 31.7M
Pfizer PFE 35.02 35.15 34.70 34.74 29.7M
Intel INTC 32.05 32.50 32.04 32.17 23M
Cisco Systems CSCO 28.97 29.19 28.82 28.84 17.2M
AT&T Inc. T 40.19 40.46 40.13 40.19 16.8M
Wells Fargo & Co. WFC 48.13 48.51 47.96 47.97 16.1M
JPMorgan Chase JPM 63.48 64.34 63.26 63.27 14.4M
General Motors GM 28.85 29.40 28.80 29.08 13.9M
HP Inc. HPQ 13.27 13.29 13.02 13.03 13.6M
Oracle Corp. ORCL 38.50 38.89 38.38 38.62 13M
Verizon Communications VZ 52.50 52.83 52.23 52.57 12.5M
ExxonMobil XOM 89.92 91.43 89.70 90.59 11.4M
Abbott Laboratories ABT 38.32 38.56 37.85 37.86 11.1M
Coca-Cola KO 45.48 45.67 45.09 45.12 10.6M
Visa V 79.00 80.18 78.38 78.40 10.4M
Walt Disney & Co. DIS 96.75 98.98 96.70 97.57 8.77M
Gilead Sciences GILD 84.03 84.81 83.90 83.98 8.19M
Johnson & Johnson JNJ 117.13 117.64 116.79 116.79 7.94M
Wal-Mart Stores WMT 71.00 71.18 70.49 70.53 7.91M
Altria MO 65.50 65.90 64.81 64.84 7.76M
Comcast CMCSA 62.73 63.12 62.22 62.39 7.68M
ConocoPhillips COP 43.96 44.96 43.80 43.88 7.39M
Chevron CVX 101.50 103.10 101.38 102.10 6.36M
Merck MRK 56.18 56.68 56.09 56.11 6.2M
Procter & Gamble PG 82.96 83.40 82.53 82.57 6.17M
McDonald's MCD 121.95 123.97 121.85 122.99 5.44M
Schlumberger SLB 78.01 78.94 77.57 77.64 5.12M
Home Depot HD 128.94 129.45 127.79 127.83 4.83M
Bristol-Myers Squibb BMY 72.67 73.17 72.00 72.22 4.73M
United Technologies UTX 101.98 102.40 101.19 101.21 4.49M
Union Pacific UNP 88.49 89.61 88.22 88.71 4.38M
Pepsico PEP 103.24 103.69 102.98 103.06 4.37M
Boeing BA 130.79 131.51 129.88 129.92 3.65M
International Business Machines IBM 151.63 152.50 150.28 151.28 3.61M
Amazon AMZN 714.01 721.99 711.16 715.24 3.35M
Berkshire Hathaway BRK.B 141.23 142.65 140.94 140.94 2.99M
UnitedHealth Group UNH 139.00 140.13 138.08 138.09 2.81M
Amgen AMGN 155.06 156.12 152.99 153.08 2.34M
3M MMM 168.45 168.64 167.11 167.13 2.13M
Alphabet GOOGL 729.82 739.00 729.82 731.88 1.17M
Exchange Rates of June 13, 2016
CurrenciesExchange Rates
US Dollar Euro 1 USD = 0.885 EUR 1 EUR = 1.129 USD
US Dollar Japanese Yen 1 USD = 106.022 JPY 1 JPY = 0.009 USD
US Dollar Pound Sterling 1 USD = 0.704 GBP 1 GBP = 1.420 USD
US Dollar Australian Dollar 1 USD = 1.354 AUD 1 AUD = 0.738 USD
US Dollar Canadian Dollar 1 USD = 1.282 CAD 1 CAD = 0.780 USD
US Dollar Swiss Franc 1 USD = 0.963 CHF 1 CHF = 1.039 USD
US Dollar Chinese Yuan 1 USD = 6.582 CNY 1 CNY = 0.152 USD
US Dollar Mexican Peso 1 USD = 18.840 MXN 1 MXN = 0.053 USD
US Dollar Swidish Krona 1 USD = 8.244 SEK 1 SEK = 0.121 USD
Euro Japanese Yen 1 EUR = 119.720 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.795 GBP 1 GBP = 1.257 EUR
Euro Australian Dollar 1 EUR = 1.529 AUD 1 AUD = 0.654 EUR
Euro Canadian Dollar 1 EUR = 1.448 CAD 1 CAD = 0.691 EUR
Euro Swiss Franc 1 EUR = 1.087 CHF 1 CHF = 0.920 EUR
Euro Chinese Yuan 1 EUR = 7.429 CNY 1 CNY = 0.135 EUR
Euro Mexican Peso 1 EUR = 21.269 MXN 1 MXN = 0.047 EUR
Euro Swidish Krona 1 EUR = 9.308 SEK 1 SEK = 0.107 EUR
Japanese Yen Pound Sterling 1 JPY = 0.007 GBP 1 GBP = 151.515 JPY
Japanese Yen Australian Dollar 1 JPY = 0.013 AUD 1 AUD = 78.125 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.012 CAD 1 CAD = 82.645 JPY
Japanese Yen Swiss Franc 1 JPY = 0.009 CHF 1 CHF = 109.890 JPY
Japanese Yen Chinese Yuan 1 JPY = 0.062 CNY 1 CNY = 16.129 JPY
Japanese Yen Mexican Peso 1 JPY = 0.178 MXN 1 MXN = 5.627 JPY
Japanese Yen Swidish Krona 1 JPY = 0.078 SEK 1 SEK = 12.870 JPY
Pound Sterling Australian Dollar 1 GBP = 1.923 AUD 1 AUD = 0.520 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.820 CAD 1 CAD = 0.549 GBP
Pound Sterling Swiss Franc 1 GBP = 1.367 CHF 1 CHF = 0.732 GBP
Pound Sterling Chinese Yuan 1 GBP = 9.355 CNY 1 CNY = 0.107 GBP
Pound Sterling Mexican Peso 1 GBP = 26.744 MXN 1 MXN = 0.037 GBP
Pound Sterling Swidish Krona 1 GBP = 11.704 SEK 1 SEK = 0.085 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.947 CAD 1 CAD = 1.056 AUD
Australian Dollar Swiss Franc 1 AUD = 0.711 CHF 1 CHF = 1.407 AUD
Australian Dollar Chinese Yuan 1 AUD = 4.859 CNY 1 CNY = 0.206 AUD
Australian Dollar Mexican Peso 1 AUD = 13.910 MXN 1 MXN = 0.072 AUD
Australian Dollar Swidish Krona 1 AUD = 6.085 SEK 1 SEK = 0.164 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.751 CHF 1 CHF = 1.332 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5.132 CNY 1 CNY = 0.195 CAD
Canadian Dollar Mexican Peso 1 CAD = 14.693 MXN 1 MXN = 0.068 CAD
Canadian Dollar Swidish Krona 1 CAD = 6.426 SEK 1 SEK = 0.156 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.828 CNY 1 CNY = 0.146 CHF
Swiss Franc Mexican Peso 1 CHF = 19.563 MXN 1 MXN = 0.051 CHF
Swiss Franc Swidish Krona 1 CHF = 8.564 SEK 1 SEK = 0.117 CHF
Chinese Yuan Swidish Krona 1 CNY = 1.250 SEK 1 SEK = 0.800 CNY

See what else happened on June 13, 2016