Financial news on May 15, 2014

Business and Financial news
At SALT Conference, Stocks Induce Anxiety

At the hedge fund industry’s annual gathering in Las Vegas, managers voiced concerns about the direction of the stock market. Read more..

By ALEXANDRA STEVENSON - The New York Times

Bank of England Tempers Expectations of a Rate Increase

Britain’s central bank head said the economy “has only just begun heading back toward normal.” Forecasts for growth and inflation remained the same. Read more..

By JENNY ANDERSON - The New York Times

Charges at the Door

A fantastic Friday puzzle by Martin Ashwood-Smith. Read more..

By DEB AMLEN - The New York Times

Daily Report: Awaiting a Proposal on Net Neutrality

Speculation about what is in the net neutrality proposal drafted by Tom Wheeler, chairman of the Federal Communications Commission, will mostly come to an end on Thursday, when Mr. Wheeler is expected to release his outline for protecting an open Internet. Read more..

By THE NEW YORK TIMES - The New York Times

Dixons and Carphone Warehouse Plan Merger to Create $6 Billion Company

The combined company, to be known as Dixons Carphone, would have nearly 3,000 stores in a dozen countries in Europe. Read more..

By CHAD BRAY - The New York Times

Get to 100 and Life Actually Doesn’t Feel so Bad

Research on characteristics of people 95 and older suggest that they have higher levels of satisfaction with life, are optimistic, extroverted and report feeling in control of their lives. Read more..

By PHYLLIS KORKKI - The New York Times

Pinterest Raises More Money, Fetching a Valuation of $5 Billion

Pinterest said on Thursday that it has raised $200 million in a new round of fund-raising, at a valuation of $5 billion, joining the upper echelons of the start-up hierarchy. Read more..

By MICHAEL J. DE LA MERCED - The New York Times

RP Martin Fined $2.2 Million in Libor Rigging

Regulators said that brokers at the British firm RP Martin assisted a trader at UBS in his efforts to manipulate the London interbank offered rate as it was tied to the yen. Read more..

By CHAD BRAY - The New York Times

Today in Small Business: The Canadian Dream?

A business owner’s guide to a stress-free vacation. How technology is changing our food. Should you move your business to Texas? Read more..

By GENE MARKS - The New York Times

Volunteers Provide Backup to the Uniformed Ranks

Legions of retirees across America enlist in what might be called the unarmed forces of the uniformed ranks, welcome as volunteers by Civil Air Patrol, Coast Guard Auxiliary and many police departments. Read more..

By DAVID WALLIS - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Cisco Systems CSCO 24.27 24.69 24.12 24.18 121M
Facebook FB 59.26 59.38 57.52 57.92 56.8M
Microsoft MSFT 40.09 40.40 39.51 39.60 37.8M
General Electric GE 26.72 26.80 26.32 26.60 33.8M
Intel INTC 26.33 26.50 26.01 26.01 31.8M
Bristol-Myers Squibb BMY 49.51 49.89 48.10 48.93 28.6M
Pfizer PFE 29.07 29.18 28.91 29.06 26.8M
AT&T Inc. T 36.40 36.61 35.58 36.52 20.3M
JPMorgan Chase JPM 54.20 54.20 53.35 53.51 19.8M
Oracle Corp. ORCL 41.84 42.17 41.64 41.93 19.3M
General Motors GM 34.61 34.75 33.83 34.36 18.1M
Wells Fargo & Co. WFC 49.10 49.25 48.66 49.03 17.4M
Comcast CMCSA 49.79 50.35 49.16 50.31 16.5M
ExxonMobil XOM 102.00 102.42 100.33 100.78 13.7M
Verizon Communications VZ 47.85 48.24 47.84 47.96 13.1M
Wal-Mart Stores WMT 76.28 77.44 76.25 76.83 13M
Gilead Sciences GILD 81.02 81.42 79.46 80.10 12.7M
Coca-Cola KO 40.62 40.96 40.44 40.52 12.4M
Procter & Gamble PG 81.25 81.37 80.44 80.53 9.4M
Merck MRK 55.81 56.59 55.51 55.89 8.92M
Abbott Laboratories ABT 39.26 39.93 39.05 39.24 8.82M
Apple AAPL 594.70 596.60 588.04 588.82 8.24M
ConocoPhillips COP 78.46 78.68 77.52 78.11 7.91M
Walt Disney & Co. DIS 80.64 80.83 79.21 80.15 7.69M
HP Inc. HPQ 32.97 33.09 32.35 32.41 7.22M
Altria MO 40.17 40.30 39.97 40.05 7.22M
Johnson & Johnson JNJ 100.64 100.84 100.41 100.69 7.01M
Schlumberger SLB 100.36 100.36 98.34 99.50 6.59M
Home Depot HD 76.05 76.29 75.32 76.24 6.3M
Chevron CVX 125.17 125.50 123.55 123.81 5.94M
Amazon AMZN 298.02 299.20 290.38 295.19 4.3M
International Business Machines IBM 189.07 189.08 186.18 186.46 4.2M
Pepsico PEP 86.84 86.90 85.69 85.74 3.88M
McDonald's MCD 102.78 103.00 102.15 102.50 3.81M
Boeing BA 132.70 132.86 130.56 131.21 3.6M
Berkshire Hathaway BRK.B 127.30 127.44 126.00 126.36 3.21M
Visa V 209.00 209.69 206.42 207.45 3.17M
UnitedHealth Group UNH 77.16 77.32 76.23 76.48 3.08M
United Technologies UTX 117.05 117.25 115.34 115.70 2.86M
Amgen AMGN 112.00 112.32 109.92 110.29 2.79M
3M MMM 141.56 141.74 140.02 140.98 2.39M
Alphabet GOOGL 533.14 534.00 525.31 529.12 1.83M
Union Pacific UNP 191.88 192.20 190.46 191.12 1.49M
Exchange Rates of May 15, 2014
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 101.570 JPY 1 JPY = 0.010 USD
US Dollar Canadian Dollar 1 USD = 1.088 CAD 1 CAD = 0.919 USD
US Dollar Swiss Franc 1 USD = 0.891 CHF 1 CHF = 1.123 USD
US Dollar Chinese Yuan 1 USD = 6.230 CNY 1 CNY = 0.161 USD
Euro Japanese Yen 1 EUR = 139.260 JPY 1 JPY = 0.007 EUR
Euro Pound Sterling 1 EUR = 0.817 GBP 1 GBP = 1.225 EUR
Euro Australian Dollar 1 EUR = 1.465 AUD 1 AUD = 0.683 EUR
Euro Canadian Dollar 1 EUR = 1.492 CAD 1 CAD = 0.670 EUR
Euro Swiss Franc 1 EUR = 1.221 CHF 1 CHF = 0.819 EUR
Euro Chinese Yuan 1 EUR = 8.542 CNY 1 CNY = 0.117 EUR
Japanese Yen Pound Sterling 1 JPY = 0.586 GBP 1 GBP = 1.706 JPY
Japanese Yen Australian Dollar 1 JPY = 1.051 AUD 1 AUD = 0.951 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.071 CAD 1 CAD = 0.934 JPY
Japanese Yen Swiss Franc 1 JPY = 0.877 CHF 1 CHF = 1.140 JPY
Pound Sterling Australian Dollar 1 GBP = 1.794 AUD 1 AUD = 0.558 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.827 CAD 1 CAD = 0.547 GBP
Pound Sterling Swiss Franc 1 GBP = 1.496 CHF 1 CHF = 0.669 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.460 CNY 1 CNY = 0.096 GBP
Australian Dollar Canadian Dollar 1 AUD = 1.018 CAD 1 CAD = 0.982 AUD
Australian Dollar Swiss Franc 1 AUD = 0.834 CHF 1 CHF = 1.200 AUD
Australian Dollar Chinese Yuan 1 AUD = 5.828 CNY 1 CNY = 0.172 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.819 CHF 1 CHF = 1.222 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5.725 CNY 1 CNY = 0.175 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.992 CNY 1 CNY = 0.143 CHF

See what else happened on May 15, 2014