Financial news on October 14th, 2013

Business and Financial news
Accounts and People of Note in the Advertising Industry

Omnicom Group is forming an agency dedicated to its Nissan Motor Company account after securing a three-year contract with the automaker. Read more..

By THE NEW YORK TIMES - The New York Times

A Leaner Times Aims for Global Growth

New York Times Company, which has been selling off peripheral assets and concentrating on its flagship newspaper and Web site, will introduce The International New York Times, central component of stepped-up global growth strategy; new subscription, video and consumer initiatives are also planned; firm shifts from relying on advertising to circulation and consumer products. Read more..


An Obsessive Culture Aimed at Being a World-Beater

Managing a Formula One organization in a crisis requires wartime skills, the chief of McLaren Group says, adding, "Don't tell me you can't do it." Read more..

By JULIA WERDIGIER - The New York Times

Google Jousts With Wired South Korea Over Quirky Internet Rules

South Korea is one of world's most digitally advanced countries, yet it has strong rules governing Internet, including some on mapping services; Google Maps can provide directions only for public transport, not for driving; domestic criticism of regulation is growing, and government is moving to ease some Internet rules. Read more..

By ERIC PFANNER - The New York Times

Gov. Brown of California Vetoes Biotech Drug Bill

California Gov Jerry Brown vetoes bill that would have allowed biosimilar versions of biologic drugs to be substituted by pharmacists if Food and Drug Administration deemed them 'interchangeable' with the brand-name reference product. Read more..

By ANDREW POLLACK - The New York Times

Group Presses for Safeguards on the Personal Data of Schoolchildren

Leading children's advocacy group Common Sense Media is challenging educational software industry, estimated $8 billion market, to develop national safeguards for personal data collected about students from kindergarten through high school. Read more..

By NATASHA SINGER - The New York Times

Impatience With I.M.F. Is Growing

Emerging nations decry another delay in changes that would give them more power in the International Monetary Fund. Read more..

By REUTERS - The New York Times

News From the Advertising Industry

Account assignments, executive appointments and miscellaneous news from advertising agencies. Read more..

By STUART ELLIOTT - The New York Times

Paris After Dark: The Life and Times of the Escargot

Perhaps nothing, with the exception of the swizzle stick, has been so maligned and misunderstood in modern times as the escargot. Read more..

By ART BUCHWALD - The New York Times

The Life of a Newspaper

Read all about it. Tomorrow we change our name. A look back at where we’ve been. Read more..

By SERGE SCHMEMANN - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Cisco SystemsCSCO23,1623,3623,0723,3429.1M
General ElectricGE24,2124,3824,1624,3822M
JPMorgan ChaseJPM51,9452,8451,7652,7118.9M
AT&T Inc.T33,9834,1033,8733,9218.6M
Wells Fargo & Co.WFC41,1441,9041,1041,7517.2M
Oracle Corp.ORCL33,0133,3532,8933,2812.9M
General MotorsGM34,8335,4534,8135,3311.2M
HP Inc.HPQ22,6222,9922,4022,9011M
Verizon CommunicationsVZ46,7947,1046,6846,8110.9M
Johnson & JohnsonJNJ88,8389,8988,6389,809.2M
Gilead SciencesGILD62,4763,8861,8163,878.67M
Abbott LaboratoriesABT33,5134,0333,3834,006.82M
Walt Disney & Co.DIS65,8866,9865,7866,836.46M
Procter & GamblePG78,0178,8077,9378,746.33M
Bristol-Myers SquibbBMY47,3747,9447,1847,676.01M
Wal-Mart StoresWMT74,3474,7173,7574,685.9M
Home DepotHD75,7476,5275,5976,354.12M
Berkshire HathawayBRK.B114,99116,08114,49116,003.67M
International Business MachinesIBM185,41186,99184,42186,972.66M
UnitedHealth GroupUNH73,8674,8173,5274,722.56M
United TechnologiesUTX106,03107,07105,68106,902.44M
Union PacificUNP156,36157,53156,01157,261.2M
Exchange Rates of October 14th, 2013
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 98,650 JPY1 JPY = 0,010 USD
US DollarCanadian Dollar1 USD = 1,035 CAD1 CAD = 0,966 USD
US DollarSwiss Franc1 USD = 0,910 CHF1 CHF = 1,098 USD
US DollarChinese Yuan1 USD = 6,108 CNY1 CNY = 0,164 USD
EuroJapanese Yen1 EUR = 133,760 JPY1 JPY = 0,007 EUR
EuroPound Sterling1 EUR = 0,848 GBP1 GBP = 1,179 EUR
EuroAustralian Dollar1 EUR = 1,428 AUD1 AUD = 0,700 EUR
EuroCanadian Dollar1 EUR = 1,404 CAD1 CAD = 0,712 EUR
EuroSwiss Franc1 EUR = 1,235 CHF1 CHF = 0,810 EUR
EuroChinese Yuan1 EUR = 8,282 CNY1 CNY = 0,121 EUR
Japanese YenPound Sterling1 JPY = 0,634 GBP1 GBP = 1,577 JPY
Japanese YenAustralian Dollar1 JPY = 1,067 AUD1 AUD = 0,937 JPY
Japanese YenCanadian Dollar1 JPY = 1,049 CAD1 CAD = 0,953 JPY
Japanese YenSwiss Franc1 JPY = 0,923 CHF1 CHF = 1,084 JPY
Pound SterlingAustralian Dollar1 GBP = 1,683 AUD1 AUD = 0,594 GBP
Pound SterlingCanadian Dollar1 GBP = 1,654 CAD1 CAD = 0,604 GBP
Pound SterlingSwiss Franc1 GBP = 1,454 CHF1 CHF = 0,688 GBP
Pound SterlingChinese Yuan1 GBP = 9,761 CNY1 CNY = 0,102 GBP
Australian DollarCanadian Dollar1 AUD = 0,983 CAD1 CAD = 1,018 AUD
Australian DollarSwiss Franc1 AUD = 0,864 CHF1 CHF = 1,158 AUD
Australian DollarChinese Yuan1 AUD = 5,795 CNY1 CNY = 0,173 AUD
Canadian DollarSwiss Franc1 CAD = 0,879 CHF1 CHF = 1,137 CAD
Canadian DollarChinese Yuan1 CAD = 5,898 CNY1 CNY = 0,170 CAD
Swiss FrancChinese Yuan1 CHF = 6,708 CNY1 CNY = 0,149 CHF

See what else happened on October 14th, 2013