Financial news on October 16, 2013

Business and Financial news
A Digitally Smart Designer Takes the Reins at Burberry

Burberry design director Christopher Bailey will become chief executive, replacing Angela Ahrendts, who is leaving to join Apple. Read more..

By SUZY MENKES and DAVID JOLLY - The New York Times

Coca-Cola’s Net Income Rises Despite a Drop in Revenue

Revenue for the third-quarter at Coke, the world’s largest soft drink company, declined 3 percent but the company expects its sales in emerging markets to grow. Read more..

By REUTERS - The New York Times

E.U. Takes Final Step on Unified Bank Regulation

An agreement by Britain cleared the way for rules placing big euro zone lenders under the supervision of the European Central Bank. Read more..

By JAMES KANTER - The New York Times

Facebook Eases Privacy Rules for Teenagers

Teenagers will now be able to post items that can be seen by the public, making it easier for the social network to turn a post into an ad that can be shown widely. Read more..

By VINDU GOEL - The New York Times

Prospect of U.S. Default Keeps European Business on Edge

Some business executives outside of the United States fear that, even with a debt-ceiling solution, the world economy may suffer damage that may not be easy to reverse. Read more..

By JACK EWING - The New York Times

Real Estate Heating Up in Indonesia

Officials, brokers and developers are debating whether Indonesia's resurgent commercial and residential real estate markets are a cause for jubilation or concern; high rents and prices have been subject of particular scrutiny because real estate helped cause financial collapse in late 1990s and because currency has been one of hardest hit among emerging markets in recent months. Read more..

By KEITH BRADSHER - The New York Times

Recent Commercial Real Estate

Notable properties that have been recently listed for sale, sold or leased. Read more..

By ROSALIE R. RADOMSKY - The New York Times

Reporter Tied to Snowden Leaks to Leave Guardian

Lawyer and writer Glenn Greenwald says he is leaving Guardian, British daily, for new journalistic venture; he provided biggest journalistic disclosure of year when he published revelations from Edward J Snowden about government surveillance. Read more..

By LESLIE KAUFMAN and DAVID CARR - The New York Times

Rich Americans Snap Up Irish Castles for Love and Discounts

Increasing number of Americans with deep pockets and traceable Irish roots pay cash to buy Irish castles and manor houses at bargain rates; many properties are being sold for about third of 2007 levels. Read more..

By KERRY HANNON - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Facebook FB 50,04 51,24 49,90 51,14 64.7M
Intel INTC 23,26 23,74 23,22 23,70 47.7M
Cisco Systems CSCO 23,22 23,30 22,81 23,00 40.5M
Microsoft MSFT 34,60 34,90 34,56 34,64 35.1M
Pfizer PFE 29,26 29,81 29,19 29,80 31.5M
General Electric GE 24,35 24,40 24,13 24,36 30.2M
Wells Fargo & Co. WFC 41,91 42,63 41,75 42,21 25.9M
JPMorgan Chase JPM 52,61 54,05 52,58 54,00 24.9M
Verizon Communications VZ 46,60 47,44 46,40 47,25 18.9M
AT&T Inc. T 33,90 34,20 33,89 34,20 18.7M
Coca-Cola KO 38,01 38,24 37,78 38,00 18M
HP Inc. HPQ 22,93 23,35 22,81 23,28 17.4M
Abbott Laboratories ABT 34,35 36,07 34,24 35,90 17M
Oracle Corp. ORCL 32,91 33,20 32,89 33,02 16.4M
General Motors GM 35,02 35,21 34,78 35,13 15.5M
Comcast CMCSA 46,73 47,13 46,46 46,98 15.2M
Home Depot HD 75,44 75,59 74,57 74,94 12.9M
ExxonMobil XOM 87,48 87,86 86,72 87,31 11.7M
Merck MRK 46,61 47,17 46,57 47,17 11.1M
Schlumberger SLB 90,93 92,40 90,85 92,18 9.08M
Apple AAPL 500,79 502,53 499,23 501,11 8.97M
Gilead Sciences GILD 64,06 65,74 63,85 65,65 8.34M
Johnson & Johnson JNJ 90,42 91,17 90,16 91,11 8.12M
Walt Disney & Co. DIS 66,64 66,86 66,13 66,35 7.72M
Pepsico PEP 82,00 82,40 81,38 82,27 7.38M
Bristol-Myers Squibb BMY 47,85 48,88 47,70 48,80 7.09M
International Business Machines IBM 185,42 186,73 184,99 186,73 6.72M
Procter & Gamble PG 77,35 78,49 77,26 78,34 6.56M
Altria MO 35,40 35,70 35,34 35,69 6.21M
Wal-Mart Stores WMT 74,81 75,62 74,57 75,60 5.91M
Chevron CVX 119,42 119,72 118,34 119,16 5.61M
ConocoPhillips COP 72,32 73,09 72,20 72,96 5.53M
McDonald's MCD 94,30 95,24 94,14 95,22 4.71M
UnitedHealth Group UNH 74,50 75,49 74,38 75,19 4.37M
Boeing BA 118,78 120,66 118,75 120,34 4.04M
Alphabet GOOGL 885,87 898,33 884,01 898,03 4.01M
Berkshire Hathaway BRK.B 115,20 116,79 114,97 116,69 3.74M
Amgen AMGN 112,42 114,85 112,35 114,28 3.54M
United Technologies UTX 106,51 107,14 105,97 106,43 3.25M
3M MMM 120,86 120,94 120,14 120,94 2.65M
Visa V 192,42 195,81 191,84 195,63 2.6M
Amazon AMZN 308,38 310,80 305,55 310,49 2.17M
Union Pacific UNP 157,15 157,99 155,91 157,16 1.81M
Exchange Rates of October 16, 2013
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 98,760 JPY 1 JPY = 0,010 USD
US Dollar Canadian Dollar 1 USD = 1,033 CAD 1 CAD = 0,969 USD
US Dollar Swiss Franc 1 USD = 0,913 CHF 1 CHF = 1,095 USD
US Dollar Chinese Yuan 1 USD = 6,100 CNY 1 CNY = 0,164 USD
Euro Japanese Yen 1 EUR = 133,710 JPY 1 JPY = 0,007 EUR
Euro Pound Sterling 1 EUR = 0,848 GBP 1 GBP = 1,179 EUR
Euro Australian Dollar 1 EUR = 1,416 AUD 1 AUD = 0,706 EUR
Euro Canadian Dollar 1 EUR = 1,398 CAD 1 CAD = 0,716 EUR
Euro Swiss Franc 1 EUR = 1,236 CHF 1 CHF = 0,809 EUR
Euro Chinese Yuan 1 EUR = 8,256 CNY 1 CNY = 0,121 EUR
Japanese Yen Pound Sterling 1 JPY = 0,634 GBP 1 GBP = 1,577 JPY
Japanese Yen Australian Dollar 1 JPY = 1,058 AUD 1 AUD = 0,945 JPY
Japanese Yen Canadian Dollar 1 JPY = 1,045 CAD 1 CAD = 0,957 JPY
Japanese Yen Swiss Franc 1 JPY = 0,924 CHF 1 CHF = 1,082 JPY
Pound Sterling Australian Dollar 1 GBP = 1,668 AUD 1 AUD = 0,599 GBP
Pound Sterling Canadian Dollar 1 GBP = 1,647 CAD 1 CAD = 0,607 GBP
Pound Sterling Swiss Franc 1 GBP = 1,457 CHF 1 CHF = 0,686 GBP
Pound Sterling Chinese Yuan 1 GBP = 9,730 CNY 1 CNY = 0,103 GBP
Australian Dollar Canadian Dollar 1 AUD = 0,987 CAD 1 CAD = 1,013 AUD
Australian Dollar Swiss Franc 1 AUD = 0,873 CHF 1 CHF = 1,146 AUD
Australian Dollar Chinese Yuan 1 AUD = 5,832 CNY 1 CNY = 0,171 AUD
Canadian Dollar Swiss Franc 1 CAD = 0,884 CHF 1 CHF = 1,131 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5,906 CNY 1 CNY = 0,169 CAD
Swiss Franc Chinese Yuan 1 CHF = 6,677 CNY 1 CNY = 0,150 CHF

See what else happened on October 16, 2013