Financial news on February 17, 2015

Business and Financial news
Activist Investor Demands Change at Tempur Sealy

H Partners, an activist hedge fund, called for the ouster of Tempur Sealy’s chief executive and board, claiming the mattress maker has suffered from years of mismanagement. Read more..

By DEALBOOK - The New York Times

A Possible Day of Reckoning, Again, for Greece and Europe

Longstanding economic imbalances between North and South seem to finally be approaching a breaking point. Read more..

By NEIL IRWIN - The New York Times

Asset Managers on Track to Overtake Investment Bankers on Average in Pay

Pay at investment banks has fallen by more than a quarter since before the financial crisis, while pay for asset managers has risen, according to a new British report. Read more..

By JENNY ANDERSON - The New York Times

Daily Report: U.S. Said to Have Surveillance Tools in Computers Overseas

A Russian firm says the United States has found a way to permanently embed surveillance and sabotage tools in computers in countries including Iran, Russia, Pakistan and China. Read more..

By THE NEW YORK TIMES - The New York Times

Ford Hires Wall St. Banker to Lead Global Strategy

John Casesa, most recently the head of automotive investment banking at Guggenheim Partners, will help oversee Ford’s business strategy, potentially including acquisitions and other partnerships. Read more..

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

In Fight Over Board, DuPont Takes Aim at Trian 'Myths'

DuPont sought to rebut several claims that the billionaire Nelson Peltz has made questioning the company’s strategy and claiming credit for improvements in its stock price. Read more..

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

Japan Post Offers $5.1 Billion for Australian Package Delivery Company

The acquisition is the biggest ever for the Japanese postal service, Japan Post Holdings, and marks an ambitious new push into overseas markets. Read more..

By JONATHAN SOBLE - The New York Times

Seeing Value After a Plunge, Hedge Funds Bet on Energy Stocks

Filings with the Securities and Exchange Commission provide a partial snapshot of hedge funds’ holdings as of the end of the year. Read more..

By WILLIAM ALDEN and MATTHEW GOLDSTEIN - The New York Times

Transocean Chief Steps Down Suddenly With Company in Doldrums

Transocean chief executive Steven L Newman steps down; offshore drilling company's sales and stock price are hurting due to drop in oil prices. Read more..

By CLIFFORD KRAUSS - The New York Times

U.S. Embedded Spyware Overseas, Report Claims

Russian cybersecurity firm Kaspersky Lab says United States has discovered method to permanently embed surveillance and sabotage tools in computers in countries like Iran, Russia, Pakistan and China; points out many of tools are designed to run on computers that are not connected to Internet, and lets US intelligence agencies unlock scrambled contents unnoticed. Read more..

By NICOLE PERLROTH and DAVID E. SANGER - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Apple AAPL 127.49 128.88 126.92 127.83 63.2M
General Electric GE 25.12 25.21 24.98 25.17 36M
Cisco Systems CSCO 29.26 29.35 29.03 29.31 34.2M
Microsoft MSFT 43.97 44.00 43.19 43.58 33.7M
Facebook FB 75.30 76.91 75.08 75.60 25.3M
Pfizer PFE 34.54 34.84 34.47 34.58 22.9M
Intel INTC 34.40 34.75 34.26 34.74 19.4M
AT&T Inc. T 34.60 34.73 34.45 34.71 19.3M
Comcast CMCSA 59.18 59.25 58.38 58.80 15.8M
Verizon Communications VZ 48.95 49.32 48.89 49.18 15.4M
JPMorgan Chase JPM 59.36 60.14 59.32 60.10 15.3M
General Motors GM 37.20 37.47 37.05 37.24 13.1M
Coca-Cola KO 41.81 41.88 41.64 41.81 12.8M
Wells Fargo & Co. WFC 55.31 55.46 54.95 55.37 11.9M
ExxonMobil XOM 92.75 93.07 92.29 93.05 11.8M
Gilead Sciences GILD 102.06 103.85 101.91 103.84 10.8M
Procter & Gamble PG 86.06 86.06 85.00 85.49 10.3M
Merck MRK 58.74 58.97 58.70 58.79 10.2M
Oracle Corp. ORCL 43.67 43.90 43.54 43.84 10.1M
Johnson & Johnson JNJ 99.39 100.48 99.12 100.44 8.63M
Schlumberger SLB 88.43 89.00 87.28 88.89 7.96M
ConocoPhillips COP 69.15 69.97 68.52 69.47 7.65M
HP Inc. HPQ 38.55 38.86 38.30 38.53 7.57M
Altria MO 54.45 55.31 54.11 55.14 7.14M
Chevron CVX 112.31 112.93 111.52 112.40 7.09M
Abbott Laboratories ABT 46.05 46.53 46.00 46.41 6.37M
Home Depot HD 111.69 112.23 110.62 112.00 6.03M
McDonald's MCD 95.12 95.39 94.09 94.35 5.97M
Pepsico PEP 98.45 98.71 98.00 98.36 5.88M
Wal-Mart Stores WMT 85.43 85.97 84.97 85.96 5.09M
Walt Disney & Co. DIS 104.23 104.45 103.57 104.12 4.76M
Bristol-Myers Squibb BMY 60.08 60.45 59.78 60.10 4.48M
Amgen AMGN 153.52 154.85 153.00 154.24 3.9M
Amazon AMZN 377.72 379.99 372.67 375.43 3.67M
Boeing BA 148.72 149.96 148.52 149.92 3.62M
Union Pacific UNP 121.96 122.56 121.57 122.54 3.52M
UnitedHealth Group UNH 109.34 109.76 108.52 109.76 3.43M
United Technologies UTX 121.00 121.90 120.57 121.32 3.24M
International Business Machines IBM 159.75 161.41 159.73 160.96 2.89M
Berkshire Hathaway BRK.B 148.36 149.37 148.16 149.17 2.74M
3M MMM 165.94 166.92 165.09 166.92 2.1M
Alphabet GOOGL 551.16 553.00 543.26 545.01 1.96M
Visa V 271.48 271.99 269.87 270.87 1.7M
Exchange Rates of February 17, 2015
CurrenciesExchange Rates
US Dollar Euro 1 USD = 0.876 EUR 1 EUR = 1.141 USD
US Dollar Japanese Yen 1 USD = 119.192 JPY 1 JPY = 0.008 USD
US Dollar Pound Sterling 1 USD = 0.651 GBP 1 GBP = 1.535 USD
US Dollar Australian Dollar 1 USD = 1.280 AUD 1 AUD = 0.781 USD
US Dollar Canadian Dollar 1 USD = 1.239 CAD 1 CAD = 0.807 USD
US Dollar Swiss Franc 1 USD = 0.937 CHF 1 CHF = 1.068 USD
US Dollar Chinese Yuan 1 USD = 6.255 CNY 1 CNY = 0.160 USD
US Dollar Mexican Peso 1 USD = 14.896 MXN 1 MXN = 0.067 USD
US Dollar Swidish Krona 1 USD = 8.318 SEK 1 SEK = 0.120 USD
Euro Japanese Yen 1 EUR = 135.989 JPY 1 JPY = 0.007 EUR
Euro Pound Sterling 1 EUR = 0.744 GBP 1 GBP = 1.345 EUR
Euro Australian Dollar 1 EUR = 1.460 AUD 1 AUD = 0.685 EUR
Euro Canadian Dollar 1 EUR = 1.414 CAD 1 CAD = 0.707 EUR
Euro Swiss Franc 1 EUR = 1.069 CHF 1 CHF = 0.936 EUR
Euro Chinese Yuan 1 EUR = 7.137 CNY 1 CNY = 0.140 EUR
Euro Mexican Peso 1 EUR = 16.997 MXN 1 MXN = 0.059 EUR
Euro Swidish Krona 1 EUR = 9.491 SEK 1 SEK = 0.105 EUR
Japanese Yen Pound Sterling 1 JPY = 0.006 GBP 1 GBP = 181.818 JPY
Japanese Yen Australian Dollar 1 JPY = 0.011 AUD 1 AUD = 93.458 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.010 CAD 1 CAD = 96.154 JPY
Japanese Yen Swiss Franc 1 JPY = 0.008 CHF 1 CHF = 126.582 JPY
Japanese Yen Chinese Yuan 1 JPY = 0.052 CNY 1 CNY = 19.084 JPY
Japanese Yen Mexican Peso 1 JPY = 0.125 MXN 1 MXN = 8.000 JPY
Japanese Yen Swidish Krona 1 JPY = 0.070 SEK 1 SEK = 14.327 JPY
Pound Sterling Australian Dollar 1 GBP = 1.964 AUD 1 AUD = 0.509 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.901 CAD 1 CAD = 0.526 GBP
Pound Sterling Swiss Franc 1 GBP = 1.437 CHF 1 CHF = 0.696 GBP
Pound Sterling Chinese Yuan 1 GBP = 9.599 CNY 1 CNY = 0.104 GBP
Pound Sterling Mexican Peso 1 GBP = 22.862 MXN 1 MXN = 0.044 GBP
Pound Sterling Swidish Krona 1 GBP = 12.768 SEK 1 SEK = 0.078 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.968 CAD 1 CAD = 1.033 AUD
Australian Dollar Swiss Franc 1 AUD = 0.731 CHF 1 CHF = 1.368 AUD
Australian Dollar Chinese Yuan 1 AUD = 4.887 CNY 1 CNY = 0.205 AUD
Australian Dollar Mexican Peso 1 AUD = 11.647 MXN 1 MXN = 0.086 AUD
Australian Dollar Swidish Krona 1 AUD = 6.499 SEK 1 SEK = 0.154 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.756 CHF 1 CHF = 1.323 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5.047 CNY 1 CNY = 0.198 CAD
Canadian Dollar Mexican Peso 1 CAD = 12.028 MXN 1 MXN = 0.083 CAD
Canadian Dollar Swidish Krona 1 CAD = 6.714 SEK 1 SEK = 0.149 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.676 CNY 1 CNY = 0.150 CHF
Swiss Franc Mexican Peso 1 CHF = 15.912 MXN 1 MXN = 0.063 CHF
Swiss Franc Swidish Krona 1 CHF = 8.877 SEK 1 SEK = 0.113 CHF
Chinese Yuan Swidish Krona 1 CNY = 1.328 SEK 1 SEK = 0.753 CNY

See what else happened on February 17, 2015