Financial news on August 16, 2013

Business and Financial news
A Dream House Where Few Dare to Build

The steep cliffs of Phuket, Thailand, become the setting for a developer’s new home. Read more..

By IRWIN HUTCHINSON - International Herald Tribune

Dane Atkinson of SumAll, on Making Pay an Open Book

Adam Bryant Corner Office column features Q&A with Dane Atkinson, chief executive of data analytics company SumAll, who discusses his career and management style. Read more..

By ADAM BRYANT - The New York Times

Dell’s Profit Declines 72% on Sluggish Sales of PCs

Dell Inc reports net income of $204 million for its fiscal second quarter, down 72 percent from same quarter year ago; blames sluggish sales of its personal computers for its declining profits; revenue was $14.5 billion, flat from year-ago period but better than Wall Street expectations of $14.18 billion. Read more..

By BRIAN X. CHEN - The New York Times

Despite Drop in Commodity Prices, Farmland Values Rise

After the financial crisis, real estate was generally shunned. But global demand and other factors caused farmland prices to surge. Read more..

By PAUL SULLIVAN - The New York Times

‘Duck Dynasty’ Season Opens to Record Ratings

A&E reality show Duck Dynasty draws 11.8 million viewers during premiere of Season 4, largest audience ever for nonfiction telecast on cable television. Read more..

By NOAM COHEN - The New York Times

Foreseeing Trouble in Exporting Natural Gas

Dow Chemical chief Andrew Liveris is spearheading public campaign against increased exports of natural gas, seeking to block what he considers squandering of national resource, and hit to his bottom line (Series: The Energy Rush). Read more..

By CLIFFORD KRAUSS and NELSON D. SCHWARTZ - The New York Times

Mobile Devices Overtake PC Sales at Lenovo

Lenovo, world’s largest personal computer maker, says it now sells more smartphones and tablets than computers; milestone underlines growing influence of Chinese companies like Lenovo in the shift from desktop to mobile computing. Read more..

By ERIC PFANNER - The New York Times

U.S. to Bring Gas Mileage Rules to Era of Hybrids

Environmental Protection Agency says it will update its labeling rules to resolve disparities among growing number of hybrid and electric vehicles on the market; announces plans for changes after Ford Motor Company reports it is cutting miles-per-gallon rating on its C-Max hybrid, one of its popular hybrid models, to 43 miles per gallon. Read more..

By BILL VLASIC - The New York Times

Washington Post Site Hacked by Syrian Group

Washington Post's Web site is briefly hacked, with visitors to some articles being redirected to site of Syrian Electronic Army, hacker collective that supports Syrian Pres Bashar al-Assad; paper reports that group had also targeted Time magazine and CNN, suggesting a coordinated attack on American news outlets. Read more..

By LESLIE KAUFMAN - The New York Times

Worst Day for Markets in Two Months as Signals Are Mixed

Stocks fall after Wal-Mart and Cisco Systems issue grim sales forecasts and economic data adds to investors' concerns that Federal Reserve may soon wind down its economic stimulus program. Read more..

By THE ASSOCIATED PRESS - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Facebook FB 36,97 37,49 36,90 37,08 45.8M
Cisco Systems CSCO 24,53 24,66 24,25 24,27 42.4M
General Electric GE 23,88 24,05 23,86 23,95 36.3M
Microsoft MSFT 31,79 31,99 31,66 31,80 32.9M
Intel INTC 22,06 22,19 21,89 21,92 30.1M
Pfizer PFE 28,66 28,68 28,29 28,37 28.3M
AT&T Inc. T 34,27 34,38 33,91 34,18 24.6M
Coca-Cola KO 39,03 39,18 38,71 39,05 20.6M
Oracle Corp. ORCL 32,60 32,85 32,30 32,41 19.5M
JPMorgan Chase JPM 53,07 53,78 53,07 53,29 17.1M
Wells Fargo & Co. WFC 42,68 43,18 42,64 42,75 16.2M
Verizon Communications VZ 48,29 48,53 47,33 47,71 15.4M
HP Inc. HPQ 25,95 26,57 25,92 26,42 15.1M
Johnson & Johnson JNJ 89,13 89,80 88,77 89,37 14.1M
Merck MRK 47,79 48,00 47,48 47,70 13.2M
Apple AAPL 500,15 502,94 498,86 502,33 12.9M
General Motors GM 34,59 34,91 34,18 34,38 12.5M
ExxonMobil XOM 88,01 88,49 87,65 87,91 11.9M
Abbott Laboratories ABT 34,92 35,00 34,55 34,97 10.5M
Comcast CMCSA 42,89 42,92 42,32 42,54 10.4M
Procter & Gamble PG 80,27 80,49 79,06 79,90 9.45M
Home Depot HD 75,19 76,35 74,93 75,38 9.14M
Bristol-Myers Squibb BMY 41,85 42,14 41,26 41,68 8.48M
Altria MO 34,51 34,63 34,25 34,29 8.36M
Walt Disney & Co. DIS 61,97 62,50 61,71 62,17 8.24M
Gilead Sciences GILD 56,76 57,73 56,25 56,91 7.6M
Wal-Mart Stores WMT 74,12 74,50 73,70 74,11 7.25M
ConocoPhillips COP 67,37 67,91 66,97 67,38 6.54M
Pepsico PEP 80,60 80,75 79,94 80,18 6.03M
Chevron CVX 119,89 120,19 119,05 119,88 5.65M
Schlumberger SLB 81,92 82,33 81,72 81,92 4.75M
Berkshire Hathaway BRK.B 114,53 115,69 114,30 115,24 3.51M
Boeing BA 102,82 103,94 102,70 103,47 3.47M
International Business Machines IBM 185,54 186,46 185,34 185,34 3.43M
Alphabet GOOGL 861,28 862,44 856,54 856,91 3.35M
McDonald's MCD 95,20 95,50 95,01 95,03 3.32M
UnitedHealth Group UNH 71,15 71,98 71,00 71,43 3.32M
United Technologies UTX 102,96 103,72 102,72 103,08 3.32M
Visa V 173,72 174,73 172,36 173,13 3.15M
Amgen AMGN 105,76 106,80 104,84 104,91 2.53M
Amazon AMZN 286,55 288,33 284,50 284,82 2.42M
3M MMM 115,68 116,21 115,64 115,90 2.33M
Union Pacific UNP 156,44 158,51 156,09 157,93 1.44M
Exchange Rates of August 16, 2013
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 97,530 JPY 1 JPY = 0,010 USD
US Dollar Canadian Dollar 1 USD = 1,035 CAD 1 CAD = 0,967 USD
US Dollar Swiss Franc 1 USD = 0,926 CHF 1 CHF = 1,079 USD
US Dollar Chinese Yuan 1 USD = 6,115 CNY 1 CNY = 0,164 USD
Euro Japanese Yen 1 EUR = 130,010 JPY 1 JPY = 0,008 EUR
Euro Pound Sterling 1 EUR = 0,853 GBP 1 GBP = 1,172 EUR
Euro Australian Dollar 1 EUR = 1,451 AUD 1 AUD = 0,689 EUR
Euro Canadian Dollar 1 EUR = 1,377 CAD 1 CAD = 0,726 EUR
Euro Swiss Franc 1 EUR = 1,234 CHF 1 CHF = 0,810 EUR
Euro Chinese Yuan 1 EUR = 8,150 CNY 1 CNY = 0,123 EUR
Japanese Yen Pound Sterling 1 JPY = 0,656 GBP 1 GBP = 1,525 JPY
Japanese Yen Australian Dollar 1 JPY = 1,116 AUD 1 AUD = 0,896 JPY
Japanese Yen Canadian Dollar 1 JPY = 1,059 CAD 1 CAD = 0,944 JPY
Japanese Yen Swiss Franc 1 JPY = 0,950 CHF 1 CHF = 1,053 JPY
Pound Sterling Australian Dollar 1 GBP = 1,702 AUD 1 AUD = 0,587 GBP
Pound Sterling Canadian Dollar 1 GBP = 1,616 CAD 1 CAD = 0,619 GBP
Pound Sterling Swiss Franc 1 GBP = 1,447 CHF 1 CHF = 0,691 GBP
Pound Sterling Chinese Yuan 1 GBP = 9,550 CNY 1 CNY = 0,105 GBP
Australian Dollar Canadian Dollar 1 AUD = 0,950 CAD 1 CAD = 1,053 AUD
Australian Dollar Swiss Franc 1 AUD = 0,850 CHF 1 CHF = 1,176 AUD
Australian Dollar Chinese Yuan 1 AUD = 5,616 CNY 1 CNY = 0,178 AUD
Canadian Dollar Swiss Franc 1 CAD = 0,895 CHF 1 CHF = 1,118 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5,909 CNY 1 CNY = 0,169 CAD
Swiss Franc Chinese Yuan 1 CHF = 6,600 CNY 1 CNY = 0,152 CHF

See what else happened on August 16, 2013