Financial news on October 18th, 2013

Business and Financial news
After Pause, Resupplying Economic Data

Investors, shaken by political crisis, eagerly await resumption of federal economic data that was interrupted by government shutdown; Labor Department reports on unemployment and job creation are forthcoming, but delays in other indicators could stretch into December. Read more..

By NELSON D. SCHWARTZ - The New York Times

Arizona Utility Tries Storing Solar Energy for Use in the Dark

Closely-watched project called Solana, managed by the Arizona Public Service electrical utility, is able to focus and store solar energy in huge tanks of molten salt; emerging technology is one way that utility industry is trying to make solar energy available during peak usage hours when sun is not shining. Read more..

By MATTHEW L. WALD - The New York Times

Blood and Screams, Before the Show Starts

Stuart Elliott Advertising column notes that a shift toward frightening imagery in pop culture, especially the prominence of horror shows on television, has contributed to popularity of terror-centric marketing campaigns in weeks before Halloween. Read more..

By STUART ELLIOTT - The New York Times

China Hints at Effort to Export Cars to West

Chinese automakers are starting to ask some of the largest Western auto parts companies to supply parts that meet American and European regulatory standards; shift is clearest sign yet that Chinese manufacturers are finally planning high-volume exports to West following more than decade of preparation. Read more..

By KEITH BRADSHER - The New York Times

China Reports a Modest Acceleration in Growth

China reports that its economy expanded by 7.8 percent in the third quarter, indicating a firming of economic activity after slower growth in the first part of the year. Read more..

By CHRIS BUCKLEY - The New York Times

HSBC Faces $2.46 Billion Judgment in Securities Fraud Case

The suit accused a mortgage lender bought by HSBC of making false and misleading statements that inflated its share price. Read more..

By REUTERS - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE25.2125.7525.0925.5598.5M
Cisco SystemsCSCO22.8623.1422.7622.9644.5M
AT&T Inc.T34.5234.8834.3734.6130.5M
JPMorgan ChaseJPM54.2654.5853.8054.3024.8M
Verizon CommunicationsVZ49.3650.0649.1750.0122.2M
UnitedHealth GroupUNH71.2671.3567.5468.7621.1M
Wells Fargo & Co.WFC42.7242.9442.3842.6817.6M
Oracle Corp.ORCL32.7533.0032.5532.9017.5M
Gilead SciencesGILD67.2768.4566.4968.2115.4M
General MotorsGM36.2136.3035.6835.8914.6M
HP Inc.HPQ23.5323.6323.2323.4814.4M
Home DepotHD75.2675.5073.7474.6914.3M
Abbott LaboratoriesABT37.1737.2936.9037.2911.8M
International Business MachinesIBM174.80175.00173.25173.7810.5M
Johnson & JohnsonJNJ91.7592.0591.1491.639.08M
Procter & GamblePG79.3979.5778.7879.417.96M
Walt Disney & Co.DIS66.5067.2765.9967.157.59M
Wal-Mart StoresWMT75.8075.9375.4875.716.79M
Bristol-Myers SquibbBMY49.9149.9149.1749.726.56M
Union PacificUNP152.00153.62151.37152.106.01M
Berkshire HathawayBRK.B117.47117.50116.78116.973.15M
United TechnologiesUTX108.08108.44107.06107.742.71M
Exchange Rates of October 18th, 2013
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 97.720 JPY1 JPY = 0.010 USD
US DollarCanadian Dollar1 USD = 1.028 CAD1 CAD = 0.972 USD
US DollarSwiss Franc1 USD = 0.902 CHF1 CHF = 1.109 USD
US DollarChinese Yuan1 USD = 6.097 CNY1 CNY = 0.164 USD
EuroJapanese Yen1 EUR = 133.750 JPY1 JPY = 0.007 EUR
EuroPound Sterling1 EUR = 0.846 GBP1 GBP = 1.182 EUR
EuroAustralian Dollar1 EUR = 1.414 AUD1 AUD = 0.707 EUR
EuroCanadian Dollar1 EUR = 1.407 CAD1 CAD = 0.711 EUR
EuroSwiss Franc1 EUR = 1.234 CHF1 CHF = 0.810 EUR
EuroChinese Yuan1 EUR = 8.343 CNY1 CNY = 0.120 EUR
Japanese YenPound Sterling1 JPY = 0.633 GBP1 GBP = 1.581 JPY
Japanese YenAustralian Dollar1 JPY = 1.056 AUD1 AUD = 0.947 JPY
Japanese YenCanadian Dollar1 JPY = 1.052 CAD1 CAD = 0.951 JPY
Japanese YenSwiss Franc1 JPY = 0.922 CHF1 CHF = 1.084 JPY
Pound SterlingAustralian Dollar1 GBP = 1.672 AUD1 AUD = 0.598 GBP
Pound SterlingCanadian Dollar1 GBP = 1.664 CAD1 CAD = 0.601 GBP
Pound SterlingSwiss Franc1 GBP = 1.459 CHF1 CHF = 0.686 GBP
Pound SterlingChinese Yuan1 GBP = 9.863 CNY1 CNY = 0.101 GBP
Australian DollarCanadian Dollar1 AUD = 0.994 CAD1 CAD = 1.006 AUD
Australian DollarSwiss Franc1 AUD = 0.872 CHF1 CHF = 1.147 AUD
Australian DollarChinese Yuan1 AUD = 5.899 CNY1 CNY = 0.170 AUD
Canadian DollarSwiss Franc1 CAD = 0.876 CHF1 CHF = 1.141 CAD
Canadian DollarChinese Yuan1 CAD = 5.926 CNY1 CNY = 0.169 CAD
Swiss FrancChinese Yuan1 CHF = 6.759 CNY1 CNY = 0.148 CHF

See what else happened on October 18th, 2013