Financial news on January 14th, 2013

Business and Financial news
787 Jet Leaks Fuel During Safety Test

Japan Airlines reports a Boeing 787 Dreamliner jet undergoing checks in Tokyo after a fuel leak a week earlier again leaked fuel during testing; causes of both incidents remain unknown. Read more..

By REUTERS - The New York Times

Accounts and People of Note in the Advertising Industry

Hester Bloch joined Isobar, London, in a new post, global chief marketing officer. She had been global marketing director at AKQA, part of WPP. Read more..

By THE NEW YORK TIMES - The New York Times

After Rocky Year for Start-Ups, Investors Are Pickier

Venture capitalists are becoming far more skeptical of Internet startups, especially those that lack a clear monetization strategy, reversing years of freewheeling investment; many startups that rely on mobile technology and social media have had difficulty turning profits. Read more..

By NICOLE PERLROTH - The New York Times

Foxconn Begins Bribery Investigation

Foxconn Technology, Chinese electronics manufacturer that makes the Apple iPhone and other popular products, will investigate whether its employees had accepted bribes from supply-chain partners. Read more..

By DAVID BARBOZA - The New York Times

In Unlikely Comeback, Chrysler Is Outgaining Bigger Detroit Rivals

The carmaker’s chief executive said he expected the upward sales trend to continue, bolstering both Chrysler and its parent, Fiat. Read more..

By BILL VLASIC - The New York Times

It's Too Soon to Be Sure of a Euro Zone Happy Ending

After years in which the euro zone has been suffering from plain old contagion, the presdent of the European Central Bank now thinks it is benefiting from a new form of the phenomenon. Read more..

By HUGO DIXON | REUTERS - International Herald Tribune

‘South Park’ Creators to Start Company, Important Studios

South Park creators Trey Parker and Matt Stone will soon announce formation of their own production studio, called Important Studios; studio, with estimated value of $300 million, will have the power to approve television, movie and theater projects. Read more..


Swartz Suicide Fuels Argument Over 1986 Computer Law

The suicide of Aaron Swartz spurs an argument between lawyers and digital rights activists over whether a law is too broad, and whether federal prosecutors were right to rely on it. Read more..

By SOMINI SENGUPTA - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
HP Inc.HPQ16.4517.3216.3716.9562.1M
Cisco SystemsCSCO20.6820.9920.6520.9755.2M
General ElectricGE21.1821.2421.0721.1231.7M
Wells Fargo & Co.WFC34.9935.0634.5234.7723.1M
AT&T Inc.T34.1634.2233.9634.0222M
JPMorgan ChaseJPM45.8946.1845.4845.8819.1M
Verizon CommunicationsVZ42.9243.0942.4942.5915.1M
Oracle Corp.ORCL34.8335.0034.6034.9614.6M
Procter & GamblePG69.3169.9869.2369.6311.6M
Walt Disney & Co.DIS50.4050.8350.1850.599.31M
Johnson & JohnsonJNJ72.6072.7972.3772.567.39M
UnitedHealth GroupUNH52.8754.4252.6053.367.12M
Abbott LaboratoriesABT33.4833.5733.1433.366.85M
General MotorsGM30.1530.3929.8930.336.63M
Bristol-Myers SquibbBMY34.1334.3034.1134.225.6M
Wal-Mart StoresWMT68.4968.6768.1168.305.49M
Berkshire HathawayBRK.B94.5595.3694.1895.365.14M
Gilead SciencesGILD78.4478.5077.4977.774.58M
Home DepotHD63.6663.9063.3963.484.53M
International Business MachinesIBM192.82193.28191.75192.624.17M
United TechnologiesUTX85.2585.9785.2585.803.13M
Union PacificUNP131.02132.00130.98131.34832K
Exchange Rates of January 14th, 2013
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 89.470 JPY1 JPY = 0.011 USD
US DollarCanadian Dollar1 USD = 0.984 CAD1 CAD = 1.017 USD
US DollarSwiss Franc1 USD = 0.922 CHF1 CHF = 1.085 USD
US DollarChinese Yuan1 USD = 6.219 CNY1 CNY = 0.161 USD
EuroJapanese Yen1 EUR = 119.750 JPY1 JPY = 0.008 EUR
EuroPound Sterling1 EUR = 0.832 GBP1 GBP = 1.202 EUR
EuroAustralian Dollar1 EUR = 1.266 AUD1 AUD = 0.790 EUR
EuroCanadian Dollar1 EUR = 1.316 CAD1 CAD = 0.760 EUR
EuroSwiss Franc1 EUR = 1.234 CHF1 CHF = 0.811 EUR
EuroChinese Yuan1 EUR = 8.327 CNY1 CNY = 0.120 EUR
Japanese YenPound Sterling1 JPY = 0.695 GBP1 GBP = 1.439 JPY
Japanese YenAustralian Dollar1 JPY = 1.057 AUD1 AUD = 0.946 JPY
Japanese YenCanadian Dollar1 JPY = 1.099 CAD1 CAD = 0.910 JPY
Japanese YenSwiss Franc1 JPY = 1.030 CHF1 CHF = 0.971 JPY
Pound SterlingAustralian Dollar1 GBP = 1.521 AUD1 AUD = 0.658 GBP
Pound SterlingCanadian Dollar1 GBP = 1.581 CAD1 CAD = 0.632 GBP
Pound SterlingSwiss Franc1 GBP = 1.482 CHF1 CHF = 0.675 GBP
Pound SterlingChinese Yuan1 GBP = 10.003 CNY1 CNY = 0.100 GBP
Australian DollarCanadian Dollar1 AUD = 1.040 CAD1 CAD = 0.962 AUD
Australian DollarSwiss Franc1 AUD = 0.974 CHF1 CHF = 1.027 AUD
Australian DollarChinese Yuan1 AUD = 6.573 CNY1 CNY = 0.152 AUD
Canadian DollarSwiss Franc1 CAD = 0.937 CHF1 CHF = 1.067 CAD
Canadian DollarChinese Yuan1 CAD = 6.325 CNY1 CNY = 0.158 CAD
Swiss FrancChinese Yuan1 CHF = 6.750 CNY1 CNY = 0.148 CHF

See what else happened on January 14th, 2013