Financial news on January 15, 2013

Business and Financial news
3 Former Top Nortel Executives Are Acquitted of Fraud Involving Bonuses

Canadian court acquits former executives of failed Nortel Networks--Frank A Dunn, Douglas C Beatty and Michael J Gollogly--in a complex and protracted fraud case. Read more..

By IAN AUSTEN - The New York Times

A Moment of Zen, on the Go

Hotel companies, and even some airports, are beginning to cater to avid yoga practitioners; number of Americans practicing yoga has risen 29 percent to 20.4 million since 2008. Read more..

By JANE L. LEVERE - The New York Times

Brandweek’s Obituary Proves Premature

Advertising column; trade journal Brandweek, which reported on consumer product marketing for almost 20 years until its closing in April 2011, is being revived, at least in name; it will run in some Adweek issues. Read more..

By STUART ELLIOTT - The New York Times

Concerns About Apple Weigh on S.&P. and Nasdaq

Stocks fall as worries over demand for Apple products drives down its shares and investors brace for earnings disappointments. Read more..

By REUTERS - The New York Times

E.U. Officials Impatient Over Lack of Progress on Trade Pact With U.S.

Many are hoping that President Obama will signal support for a pact in his State of the Union address next month. Read more..

By JACK EWING - International Herald Tribune

F.D.A. Sends Warning Letter to a Maker of Defibrillators

St Jude Medical says it received warning letter from Food and Drug Administration about problems with manufacturing and quality control at California plant where it makes implantable heart defibrillators. Read more..

By THE ASSOCIATED PRESS - The New York Times

Fortunes of Facebook May Hinge on Searches

Analysts say Facebook, which has had stock rally over increased advertising efforts, needs to improve its search ability to challenge Google; it has expanded its search engineer staff and rolled out new features to help users discover information on site. Read more..

By SOMINI SENGUPTA - The New York Times

International Schools in China Point Students to the West

A growing number of upwardly mobile Chinese parents are willing to pay as much as 260,000 renminbi, or about $42,000, a year for a Western-style education at private schools. Read more..

By LUCY HORNBY | REUTERS - International Herald Tribune

Roche Hires Academic to Take Lead on Research

Dr John C Reed, chief executive of the Sanford-Burnham Medical Research Institute, will become head of Swiss drugmaker Roche’s pharmaceutical research and early development group in April 2013. Read more..

By ANDREW POLLACK - The New York Times

To Get Movies Into China, Hollywood Gives Censors a Preview

Lure of access to China’s fast-growing film market is entangling American studios and filmmakers with state censors in country where American notions of free expression simply do not apply; studios have discovered that navigating murky, often shifting terrain of censorship is a critical part of the process in seeking international box-office revenue, with billions of dollars riding on whether they get it right Read more..

By MICHAEL CIEPLY and BROOKS BARNES - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Facebook FB 30.64 31.71 29.88 30.10 173M
Microsoft MSFT 26.83 27.29 26.83 27.21 48.2M
HP Inc. HPQ 16.82 16.86 16.38 16.53 39.2M
Intel INTC 21.95 22.13 21.78 21.88 34M
Apple AAPL 498.30 498.99 483.38 485.92 31.3M
Pfizer PFE 26.59 26.64 26.50 26.62 29.9M
JPMorgan Chase JPM 45.49 46.47 45.35 46.35 29.9M
Cisco Systems CSCO 20.92 20.99 20.78 20.98 29.6M
General Electric GE 21.04 21.21 21.01 21.20 26.6M
Wells Fargo & Co. WFC 34.63 35.20 34.60 35.11 24.8M
AT&T Inc. T 33.98 34.03 33.60 33.76 24.3M
Oracle Corp. ORCL 34.57 34.88 34.52 34.70 16.3M
Verizon Communications VZ 42.46 42.56 41.96 41.97 15.1M
Abbott Laboratories ABT 33.19 33.36 32.97 33.02 12.8M
Coca-Cola KO 36.99 37.43 36.80 37.32 12.7M
Comcast CMCSA 38.87 39.22 38.71 39.20 12.4M
Merck MRK 43.38 43.54 42.81 42.87 11.9M
ExxonMobil XOM 89.16 89.61 89.00 89.53 9.2M
Bristol-Myers Squibb BMY 34.03 34.37 34.02 34.30 8.17M
Alphabet GOOGL 719.33 735.00 712.10 724.93 7.85M
Johnson & Johnson JNJ 72.25 72.44 72.00 72.37 7.8M
Procter & Gamble PG 69.16 69.96 69.15 69.88 7.56M
General Motors GM 30.11 30.68 29.95 30.60 7.5M
Altria MO 32.86 32.99 32.78 32.78 7.46M
Walt Disney & Co. DIS 50.47 51.15 50.43 51.09 7.3M
Amgen AMGN 86.56 86.86 85.00 85.08 6.28M
ConocoPhillips COP 58.40 59.08 58.28 59.03 6.18M
Wal-Mart Stores WMT 68.19 69.24 68.10 68.98 6.14M
UnitedHealth Group UNH 53.22 53.85 53.21 53.62 5.8M
Chevron CVX 112.26 113.47 112.15 113.44 5.64M
Pepsico PEP 71.17 71.74 70.87 71.60 5.55M
Home Depot HD 63.50 64.01 63.45 63.95 5.12M
Gilead Sciences GILD 77.41 78.35 77.08 77.36 4.66M
Schlumberger SLB 72.47 72.86 72.19 72.59 4.29M
International Business Machines IBM 191.31 192.73 190.39 192.50 4.17M
McDonald's MCD 91.11 91.63 90.86 91.51 3.91M
Boeing BA 76.21 76.98 76.18 76.94 3.9M
Berkshire Hathaway BRK.B 95.11 95.48 94.76 95.36 3.63M
United Technologies UTX 85.18 86.13 84.91 85.96 2.76M
Amazon AMZN 270.68 272.73 269.30 271.90 2.33M
3M MMM 96.83 97.40 96.57 97.29 2.11M
Visa V 159.82 160.65 159.09 160.45 1.67M
Union Pacific UNP 130.98 131.65 130.41 131.44 830K
Exchange Rates of January 15, 2013
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 88.760 JPY 1 JPY = 0.011 USD
US Dollar Canadian Dollar 1 USD = 0.984 CAD 1 CAD = 1.016 USD
US Dollar Swiss Franc 1 USD = 0.932 CHF 1 CHF = 1.073 USD
US Dollar Chinese Yuan 1 USD = 6.214 CNY 1 CNY = 0.161 USD
Euro Japanese Yen 1 EUR = 118.100 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.828 GBP 1 GBP = 1.208 EUR
Euro Australian Dollar 1 EUR = 1.259 AUD 1 AUD = 0.794 EUR
Euro Canadian Dollar 1 EUR = 1.309 CAD 1 CAD = 0.764 EUR
Euro Swiss Franc 1 EUR = 1.240 CHF 1 CHF = 0.807 EUR
Euro Chinese Yuan 1 EUR = 8.277 CNY 1 CNY = 0.121 EUR
Japanese Yen Pound Sterling 1 JPY = 0.701 GBP 1 GBP = 1.427 JPY
Japanese Yen Australian Dollar 1 JPY = 1.066 AUD 1 AUD = 0.939 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.108 CAD 1 CAD = 0.903 JPY
Japanese Yen Swiss Franc 1 JPY = 1.049 CHF 1 CHF = 0.953 JPY
Pound Sterling Australian Dollar 1 GBP = 1.520 AUD 1 AUD = 0.658 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.581 CAD 1 CAD = 0.633 GBP
Pound Sterling Swiss Franc 1 GBP = 1.497 CHF 1 CHF = 0.668 GBP
Pound Sterling Chinese Yuan 1 GBP = 9.991 CNY 1 CNY = 0.100 GBP
Australian Dollar Canadian Dollar 1 AUD = 1.039 CAD 1 CAD = 0.962 AUD
Australian Dollar Swiss Franc 1 AUD = 0.984 CHF 1 CHF = 1.016 AUD
Australian Dollar Chinese Yuan 1 AUD = 6.567 CNY 1 CNY = 0.152 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.947 CHF 1 CHF = 1.056 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.318 CNY 1 CNY = 0.158 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.676 CNY 1 CNY = 0.150 CHF

See what else happened on January 15, 2013