Financial news on December 15, 2014

Business and Financial news
BGC Partners to Buy British Assets of Broker RP Martin

BGC Partners said it also expected to acquire other assets and businesses of RP Martin, which was fined in the investigation into the manipulation of Libor. Read more..

By CHAD BRAY - The New York Times

Elliott and Jana, Activist Investors, Are Behind 2 Big Buyouts

The $3.6 billion sale of Riverbed Technology and the $8.7 billion sale of PetSmart are just the latest sales of companies under pressure from the hedge funds Elliott or Jana. A list of some of the others. Read more..

By WILLIAM ALDEN - The New York Times

Euro Minister’s Trip to Athens, the Fed’s Policy Statement, and a $392 Billion Plan

Europe’s economic affairs commissioner is to visit Athens, the Federal Reserve will hold its final meeting of the year, and European leaders will gather in Brussels for a summit. Read more..

By THE NEW YORK TIMES - The New York Times

No Easy Chore

The return of Joel D. Lafargue, after a long break. Read more..

By DEB AMLEN - The New York Times

S.E.C. Seeks to Dismiss Insider Trading Lawsuit Involving Herbalife Shares

The Securities and Exchange Commission said it would not be able to proceed with the lawsuit because the two main witnesses it intended to call to testify are in Poland and had no plans to return to the United States. Read more..


Technip of France Drops Pursuit of Oil Services Firm CGG

Last month, Technip had offered to acquire the smaller company for about $1.82 billion. CGG rejected the approach, saying at the time that the conditions to pursue a merger “were not met.” Read more..

By CHAD BRAY - The New York Times

The Consistency of Inconsistency, and How to Adapt Your Financial Goals

Getting comfortable with uncertainty can help us deal with change when it inevitably happens, a financial planner writes. Read more..

By CARL RICHARDS - The New York Times

Updating I.P.O.s for the Candy Crush Era

An app produced by Goldman Sachs enables executives of companies going public to track results of roadshow book-building in real time, Jeffrey Goldfarb of Reuters Breakingviews notes. Read more..

By JEFFREY GOLDFARB - The New York Times

Why We Don't Offer Black Friday Discounts

Instead of putting stuff on sale, we came up with an exclusive, limited-edition collection of products — at their regular prices. Read more..

By LAURA ZANDER - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE25,0225,0324,4124,5963.6M
AT&T Inc.T32,3232,4432,0732,2530M
Cisco SystemsCSCO26,8927,1726,4826,6827.5M
Wells Fargo & Co.WFC54,0154,4153,1653,1924.9M
Oracle Corp.ORCL41,2141,6540,7741,1122.3M
Verizon CommunicationsVZ46,0646,0645,0945,4221.7M
JPMorgan ChaseJPM60,7460,8158,7959,1619.2M
Gilead SciencesGILD105,24105,94102,37103,1616.2M
General MotorsGM31,7031,7730,9831,0016.1M
HP Inc.HPQ38,0538,2437,4137,6112.4M
Johnson & JohnsonJNJ104,77105,06103,63103,9612.1M
Bristol-Myers SquibbBMY58,8559,0757,6158,556.94M
Walt Disney & Co.DIS92,0392,6990,1990,906.75M
Procter & GamblePG89,7090,6089,0389,206.51M
International Business MachinesIBM155,93156,74152,84153,066.5M
Wal-Mart StoresWMT84,2684,7083,0583,946.32M
Home DepotHD100,01101,2499,29100,055.49M
Union PacificUNP113,15114,52111,67112,345.4M
Abbott LaboratoriesABT44,1644,3643,3543,464.99M
Berkshire HathawayBRK.B147,97148,42144,75146,124.73M
United TechnologiesUTX112,66113,45111,62111,914.61M
UnitedHealth GroupUNH98,8099,7597,4198,273.65M
Exchange Rates of December 15, 2014
CurrenciesExchange Rates
US DollarEuro1 USD = 0,804 EUR1 EUR = 1,245 USD
US DollarJapanese Yen1 USD = 117,831 JPY1 JPY = 0,008 USD
US DollarPound Sterling1 USD = 0,639 GBP1 GBP = 1,565 USD
US DollarAustralian Dollar1 USD = 1,218 AUD1 AUD = 0,821 USD
US DollarCanadian Dollar1 USD = 1,166 CAD1 CAD = 0,858 USD
US DollarSwiss Franc1 USD = 0,965 CHF1 CHF = 1,036 USD
US DollarChinese Yuan1 USD = 6,191 CNY1 CNY = 0,162 USD
US DollarMexican Peso1 USD = 14,700 MXN1 MXN = 0,068 USD
US DollarSwidish Krona1 USD = 7,632 SEK1 SEK = 0,131 USD
EuroJapanese Yen1 EUR = 146,647 JPY1 JPY = 0,007 EUR
EuroPound Sterling1 EUR = 0,795 GBP1 GBP = 1,257 EUR
EuroAustralian Dollar1 EUR = 1,516 AUD1 AUD = 0,660 EUR
EuroCanadian Dollar1 EUR = 1,451 CAD1 CAD = 0,689 EUR
EuroSwiss Franc1 EUR = 1,201 CHF1 CHF = 0,833 EUR
EuroChinese Yuan1 EUR = 7,701 CNY1 CNY = 0,130 EUR
EuroMexican Peso1 EUR = 18,291 MXN1 MXN = 0,055 EUR
EuroSwidish Krona1 EUR = 9,496 SEK1 SEK = 0,105 EUR
Japanese YenPound Sterling1 JPY = 0,005 GBP1 GBP = 185,185 JPY
Japanese YenAustralian Dollar1 JPY = 0,010 AUD1 AUD = 97,087 JPY
Japanese YenCanadian Dollar1 JPY = 0,010 CAD1 CAD = 101,010 JPY
Japanese YenSwiss Franc1 JPY = 0,008 CHF1 CHF = 121,951 JPY
Japanese YenChinese Yuan1 JPY = 0,053 CNY1 CNY = 19,048 JPY
Japanese YenMexican Peso1 JPY = 0,125 MXN1 MXN = 8,013 JPY
Japanese YenSwidish Krona1 JPY = 0,065 SEK1 SEK = 15,432 JPY
Pound SterlingAustralian Dollar1 GBP = 1,905 AUD1 AUD = 0,525 GBP
Pound SterlingCanadian Dollar1 GBP = 1,823 CAD1 CAD = 0,548 GBP
Pound SterlingSwiss Franc1 GBP = 1,509 CHF1 CHF = 0,663 GBP
Pound SterlingChinese Yuan1 GBP = 9,683 CNY1 CNY = 0,103 GBP
Pound SterlingMexican Peso1 GBP = 22,993 MXN1 MXN = 0,043 GBP
Pound SterlingSwidish Krona1 GBP = 11,937 SEK1 SEK = 0,084 GBP
Australian DollarCanadian Dollar1 AUD = 0,957 CAD1 CAD = 1,045 AUD
Australian DollarSwiss Franc1 AUD = 0,792 CHF1 CHF = 1,262 AUD
Australian DollarChinese Yuan1 AUD = 5,083 CNY1 CNY = 0,197 AUD
Australian DollarMexican Peso1 AUD = 12,068 MXN1 MXN = 0,083 AUD
Australian DollarSwidish Krona1 AUD = 6,261 SEK1 SEK = 0,160 AUD
Canadian DollarSwiss Franc1 CAD = 0,827 CHF1 CHF = 1,209 CAD
Canadian DollarChinese Yuan1 CAD = 5,309 CNY1 CNY = 0,188 CAD
Canadian DollarMexican Peso1 CAD = 12,604 MXN1 MXN = 0,079 CAD
Canadian DollarSwidish Krona1 CAD = 6,536 SEK1 SEK = 0,153 CAD
Swiss FrancChinese Yuan1 CHF = 6,412 CNY1 CNY = 0,156 CHF
Swiss FrancMexican Peso1 CHF = 15,230 MXN1 MXN = 0,066 CHF
Swiss FrancSwidish Krona1 CHF = 7,902 SEK1 SEK = 0,127 CHF
Chinese YuanSwidish Krona1 CNY = 1,233 SEK1 SEK = 0,811 CNY

See what else happened on December 15, 2014