Financial news on August 19, 2013

Business and Financial news
Accounts and People of Note in the Advertising Industry

Brian Bennett joined PPC Associates, San Mateo, Calif., in a new post, vice president for sales and customer development. He had most recently been at Conductor, New York. Read more..

By STUART ELLIOTT - The New York Times

A Television Unit Flourishes in an Often Overlooked Corner of Sony

Sony Pictures Television, which has been a largely underacknowledged division, is gaining recognition for some ambitious efforts; change for business is due in part to prodding by one of Sony's largest shareholders Daniel S Loeb, who has blasted studio for not performing. Read more..

By BROOKS BARNES - The New York Times

Baidu Deal May Reduce App Piracy in China

Baidu, leading search engine in China, agrees to buy 91 Wireless for $1.9 billion from NetDragon, deal that could bring more order to China's messy world of mobile apps; move should also help Baidu regain ground against two other Chinese Internet giants, Alibaba and Tencent, which were quicker to add mobile capabilities. Read more..

By ERIC PFANNER - The New York Times

Lewis Kornfeld, Made Radio Shack an Early Player in PCs, Dies at 97

Lewis Kornfeld, president of Radio Shock, dies at age 97. Read more..

By DANIEL E. SLOTNIK - The New York Times

Postal Service Applies Old Promise to New Priority

Stuart Elliott Advertising column; United States Postal Service is devoting more attention and promotion of its delivery services; strong growth in package deliveries from e-commerce sites have helped set off losses that online communications have cost post office in revenue. Read more..

By STUART ELLIOTT - The New York Times

Routine Is Key to Creating Quality Cuisine

Tom Aikens is a Michelin-starred chef and runs the Tom Aikens and Tom's Kitchen restaurants in London. Read more..

By JULIA WERDIGIER - International Herald Tribune

Samsung Said to Be Preparing to Unveil Smart Watch

Samsung Electronics reportedly plans to introduce wristwatch that can make phone calls, play video games and send emails; launch could beat Apple to market with technology that moves mobile communications beyond smartphones and into entirely new product category. Read more..

By ERIC PFANNER - The New York Times

The Beauty of Limits

It may seem counterintuitive, but constraints give us something to use as a framework, a way to help us judge what to do next. Read more..

By CARL RICHARDS - The New York Times

The Cupcake Puzzle

How can you share 3 cupcakes among 5 students and avoid giving someone a tiny sliver of cake? Read more..

By GARY ANTONICK - The New York Times

This Pet Food Critic Is as Catty as They Come

The centerpiece for Merrick Pet Care’s new cat food line will be a food blog “written” by W. (Mittens) Bloomfield, an acerbic American Shorthair. Read more..

By STUART ELLIOTT - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Facebook FB 37.43 38.28 37.14 37.81 57.6M
Intel INTC 22.08 22.70 22.05 22.28 43.4M
Cisco Systems CSCO 24.32 24.66 24.25 24.27 39.6M
General Electric GE 23.90 23.96 23.76 23.85 32.2M
Microsoft MSFT 31.76 31.97 31.38 31.39 27.9M
Pfizer PFE 28.27 28.49 28.23 28.46 26.8M
JPMorgan Chase JPM 52.89 52.95 51.80 51.83 22.8M
AT&T Inc. T 34.10 34.18 33.63 33.79 21.1M
Apple AAPL 504.34 513.74 504.00 507.74 18.2M
Wells Fargo & Co. WFC 42.96 42.98 42.46 42.49 15.9M
Oracle Corp. ORCL 32.40 32.70 32.01 32.06 13.4M
Coca-Cola KO 39.05 39.09 38.69 38.78 11.9M
HP Inc. HPQ 26.30 26.53 25.81 25.88 11.8M
ExxonMobil XOM 87.82 87.87 86.78 86.92 11.7M
General Motors GM 34.56 34.83 34.42 34.49 9.21M
Home Depot HD 75.49 76.44 75.18 75.21 9.18M
Johnson & Johnson JNJ 89.47 91.25 89.35 90.45 8.69M
Merck MRK 47.47 47.81 47.45 47.58 8.38M
Verizon Communications VZ 47.55 48.09 47.45 47.50 7.87M
Altria MO 34.28 34.30 33.85 33.93 7.83M
Bristol-Myers Squibb BMY 41.49 42.23 41.46 41.95 6.97M
Comcast CMCSA 42.58 42.76 42.12 42.19 6.53M
ConocoPhillips COP 67.41 67.41 65.79 65.83 6.45M
Procter & Gamble PG 79.64 80.09 79.42 79.59 5.96M
Walt Disney & Co. DIS 62.15 62.18 61.83 61.83 5.66M
Abbott Laboratories ABT 34.85 34.96 34.71 34.88 5.6M
Gilead Sciences GILD 56.84 58.13 56.75 57.34 5.52M
Wal-Mart Stores WMT 73.88 73.93 73.21 73.58 5.36M
Pepsico PEP 80.11 81.05 79.82 80.88 4.95M
Schlumberger SLB 81.26 81.90 80.30 80.41 4.68M
Chevron CVX 119.69 120.00 118.52 118.66 4.31M
Alphabet GOOGL 857.71 872.00 857.45 865.65 3.62M
Boeing BA 103.00 105.20 102.88 104.72 3.51M
International Business Machines IBM 185.30 186.50 183.98 184.23 3.25M
McDonald's MCD 95.12 95.99 95.05 95.48 3.13M
Visa V 172.33 176.89 172.21 174.98 3M
UnitedHealth Group UNH 71.53 72.20 71.46 71.71 2.79M
Amazon AMZN 285.19 289.56 283.48 285.57 2.48M
Berkshire Hathaway BRK.B 115.14 115.49 114.19 114.30 2.25M
United Technologies UTX 102.83 103.43 102.53 102.63 2.22M
3M MMM 115.83 115.96 115.47 115.61 1.83M
Amgen AMGN 105.11 106.19 104.35 104.47 1.72M
Union Pacific UNP 157.77 158.02 156.38 156.48 1.42M
Exchange Rates of August 19, 2013
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 97.620 JPY 1 JPY = 0.010 USD
US Dollar Canadian Dollar 1 USD = 1.034 CAD 1 CAD = 0.967 USD
US Dollar Swiss Franc 1 USD = 0.924 CHF 1 CHF = 1.082 USD
US Dollar Chinese Yuan 1 USD = 6.123 CNY 1 CNY = 0.163 USD
Euro Japanese Yen 1 EUR = 130.190 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.852 GBP 1 GBP = 1.174 EUR
Euro Australian Dollar 1 EUR = 1.462 AUD 1 AUD = 0.684 EUR
Euro Canadian Dollar 1 EUR = 1.379 CAD 1 CAD = 0.725 EUR
Euro Swiss Franc 1 EUR = 1.232 CHF 1 CHF = 0.811 EUR
Euro Chinese Yuan 1 EUR = 8.166 CNY 1 CNY = 0.122 EUR
Japanese Yen Pound Sterling 1 JPY = 0.654 GBP 1 GBP = 1.528 JPY
Japanese Yen Australian Dollar 1 JPY = 1.123 AUD 1 AUD = 0.891 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.059 CAD 1 CAD = 0.944 JPY
Japanese Yen Swiss Franc 1 JPY = 0.946 CHF 1 CHF = 1.057 JPY
Pound Sterling Australian Dollar 1 GBP = 1.716 AUD 1 AUD = 0.583 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.618 CAD 1 CAD = 0.618 GBP
Pound Sterling Swiss Franc 1 GBP = 1.446 CHF 1 CHF = 0.692 GBP
Pound Sterling Chinese Yuan 1 GBP = 9.583 CNY 1 CNY = 0.104 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.943 CAD 1 CAD = 1.060 AUD
Australian Dollar Swiss Franc 1 AUD = 0.843 CHF 1 CHF = 1.187 AUD
Australian Dollar Chinese Yuan 1 AUD = 5.580 CNY 1 CNY = 0.179 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.893 CHF 1 CHF = 1.120 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5.920 CNY 1 CNY = 0.169 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.625 CNY 1 CNY = 0.151 CHF

See what else happened on August 19, 2013