Financial news on June 18, 2013

Business and Financial news
Crowds Protest as Indonesian Lawmakers Raise Fuel Prices

The government has said reducing spending on gasoline subsidies could help close a budget gap, but opponents say it will cause painful inflation. Read more..

By JOE COCHRANE - The New York Times

DreamWorks and Netflix in Deal for New TV Shows

DreamWorks Animation, trying to lessen its dependence on volatile movie business by aggressively expanding into TV programming, will supply Netflix with a flood of new episodic TV programs. Read more..

By BROOKS BARNES - The New York Times

Good Intent a Casualty of Factory Crash

The story of how a Spanish garment maker's dream of running an ethical business died in the rubble of Rana Plaza in Bangladesh is a cautionary tale for other global retailers. Read more..

By FRANK JACK DANIEL, SERAJUL QUADIR and FIONA ORTIZ | REUTERS - International Herald Tribune

Longing to Stay Wanted, MTV Turns Its Attention to Younger Viewers

Advertising column; MTV, trying to avoid a decline in viewership, plans to present a nationwide study of 1,800 'young millennials' aged 14 to 17 to marketers and programmers. Read more..

By AMY CHOZICK - The New York Times

Markets Rise on Thought That Fed Will Continue Stimulus

Stocks rise as investors guess that Federal Reserve will continue trying to prop up economy. Read more..

By THE ASSOCIATED PRESS - The New York Times

More Data on Privacy, but Picture Is No Clearer

Technology companies are under fire after revelations that they secretly handed over customer information, including e-mails, in response to requests by federal government made in name of national security; rather than providing clarity, some disclosures have left many questions unanswered. Read more..

By VINDU GOEL and CLAIRE CAIN MILLER - The New York Times

Regional Carriers Finding Larger Planes More Economical

An increase in jet fuel prices since 2000 has undermined the operating economics of smaller regional jets, the predominant aircraft used by the U.S. regionals. Read more..

By JANE L. LEVERE - International Herald Tribune

Solar-Powered Plane Faces the Human Factor

The designers of the Solar Impulse are tackling the challenge of accommodating the pilot of the electric-powered craft. Read more..

By MATTHEW L. WALD - The New York Times

The Leisure Pack Is Back

Business travelers, after years of relative privacy during recession, are being squeezed for hotel space and airline seats by growing crowds of leisure travelers; predictions have average hotel occupancy at 62.2 percent in 2013, while domestic flights will be 84 percent full. Read more..

By MARTHA C. WHITE - The New York Times

U.S. and Europe to Start Ambitious but Delicate Trade Talks

European Union leaders and Pres Obama, at two-day Group of 8 meeting in Northern Ireland, announce first round of far-reaching trans-Atlantic trade talks, but French indignation over remarks by high-ranking Belgian official creates sideshow. Read more..

By STEPHEN CASTLE and JACKIE CALMES - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Pfizer PFE 29.13 29.45 29.03 29.40 160M
General Electric GE 23.83 24.45 23.77 24.33 72.8M
Facebook FB 24.09 24.69 24.08 24.21 36.7M
Intel INTC 25.07 25.65 25.07 25.47 36.7M
Cisco Systems CSCO 24.72 24.98 24.70 24.82 34.9M
Microsoft MSFT 34.97 35.17 34.90 34.98 28.6M
Oracle Corp. ORCL 34.26 34.59 34.21 34.40 16.9M
Wells Fargo & Co. WFC 40.72 40.97 40.63 40.84 15.8M
AT&T Inc. T 35.83 36.35 35.79 36.17 15.4M
JPMorgan Chase JPM 54.03 54.27 53.72 54.11 13.3M
Merck MRK 47.88 48.05 47.66 47.75 11.8M
HP Inc. HPQ 25.17 25.55 25.13 25.44 11.5M
Verizon Communications VZ 50.83 51.69 50.76 51.55 11.1M
ExxonMobil XOM 91.36 92.06 91.26 91.93 10.7M
General Motors GM 33.80 34.06 33.44 34.01 9.93M
Coca-Cola KO 40.70 41.00 40.57 40.93 9.89M
Comcast CMCSA 40.22 40.71 40.16 40.39 9.6M
Altria MO 35.84 36.20 35.84 36.15 7.51M
Johnson & Johnson JNJ 85.75 86.44 85.63 86.36 7.23M
Bristol-Myers Squibb BMY 46.60 47.00 46.46 46.85 7.16M
Apple AAPL 431.56 434.90 430.21 431.77 6.97M
Gilead Sciences GILD 50.87 52.05 50.87 51.94 6.87M
Wal-Mart Stores WMT 75.00 75.88 74.80 75.73 6.74M
Home Depot HD 76.12 77.37 76.12 77.19 6.42M
Procter & Gamble PG 78.95 79.23 78.70 79.04 6.05M
Schlumberger SLB 73.18 74.60 73.06 74.16 5.68M
Abbott Laboratories ABT 36.98 37.64 36.87 37.51 5.54M
Walt Disney & Co. DIS 64.61 65.49 64.56 65.29 5.23M
UnitedHealth Group UNH 64.90 65.71 64.46 65.68 5.18M
Chevron CVX 121.03 121.72 120.86 121.52 4.54M
Alphabet GOOGL 888.65 901.00 888.35 900.62 4.33M
Boeing BA 103.22 104.15 102.65 104.08 4.04M
ConocoPhillips COP 61.94 62.23 61.75 62.10 3.44M
Pepsico PEP 82.37 82.69 82.00 82.57 3.36M
McDonald's MCD 98.98 100.04 98.95 99.75 3.34M
Amgen AMGN 99.12 102.29 99.07 101.50 3.33M
International Business Machines IBM 203.02 206.09 202.87 204.87 3.28M
United Technologies UTX 94.95 96.42 94.95 96.17 3.08M
Berkshire Hathaway BRK.B 115.01 115.59 114.84 115.17 2.99M
Amazon AMZN 279.08 282.91 278.11 281.76 2.15M
Visa V 181.72 185.23 181.72 184.01 1.89M
3M MMM 112.07 113.23 111.90 112.97 1.7M
Union Pacific UNP 156.17 158.10 155.59 157.95 1.03M
Exchange Rates of June 18, 2013
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 95.380 JPY 1 JPY = 0.010 USD
US Dollar Canadian Dollar 1 USD = 1.021 CAD 1 CAD = 0.979 USD
US Dollar Swiss Franc 1 USD = 0.920 CHF 1 CHF = 1.087 USD
US Dollar Chinese Yuan 1 USD = 6.129 CNY 1 CNY = 0.163 USD
Euro Japanese Yen 1 EUR = 127.750 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.856 GBP 1 GBP = 1.168 EUR
Euro Australian Dollar 1 EUR = 1.412 AUD 1 AUD = 0.708 EUR
Euro Canadian Dollar 1 EUR = 1.368 CAD 1 CAD = 0.731 EUR
Euro Swiss Franc 1 EUR = 1.232 CHF 1 CHF = 0.812 EUR
Euro Chinese Yuan 1 EUR = 8.215 CNY 1 CNY = 0.122 EUR
Japanese Yen Pound Sterling 1 JPY = 0.670 GBP 1 GBP = 1.493 JPY
Japanese Yen Australian Dollar 1 JPY = 1.105 AUD 1 AUD = 0.905 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.070 CAD 1 CAD = 0.934 JPY
Japanese Yen Swiss Franc 1 JPY = 0.964 CHF 1 CHF = 1.037 JPY
Pound Sterling Australian Dollar 1 GBP = 1.648 AUD 1 AUD = 0.607 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.597 CAD 1 CAD = 0.626 GBP
Pound Sterling Swiss Franc 1 GBP = 1.438 CHF 1 CHF = 0.695 GBP
Pound Sterling Chinese Yuan 1 GBP = 9.593 CNY 1 CNY = 0.104 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.968 CAD 1 CAD = 1.033 AUD
Australian Dollar Swiss Franc 1 AUD = 0.872 CHF 1 CHF = 1.147 AUD
Australian Dollar Chinese Yuan 1 AUD = 5.814 CNY 1 CNY = 0.172 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.900 CHF 1 CHF = 1.111 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.005 CNY 1 CNY = 0.167 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.666 CNY 1 CNY = 0.150 CHF

See what else happened on June 18, 2013