Financial news on August 19, 2015

Business and Financial news
Chinese Stocks Tumble 6.2% Amid Government Intervention Efforts

The stock sell-off on Tuesday puts the Shanghai index just above the low it reached on July 8, before the government’s rescue efforts began. Read more..

By NEIL GOUGH - The New York Times

Chromebooks Gaining on iPads in School Sector

Last year, about 3.9 million Chromebooks were shipped in the education sector, an increase in unit sales of more than 310 percent compared with the previous year, IDC said. Read more..

By NATASHA SINGER - The New York Times

Daily Report: In Silicon Valley, Start-Up Recruiting Battles Heat Up

You know there’s a boom under way in Silicon Valley when it gets even tougher to hire top engineers and other personnel. Read more..

By PUI-WING TAM - The New York Times

Data-Crunching Is Coming to Help Your Boss Manage Your Time

More businesses are using sophisticated workplace technology to track employee productivity, even in white-collar jobs that have resisted monitoring in past; technology is enabling employers to enforce longer working hours, or to assess performance on day-to-day basis, prompting question of whether such technologies cross line or allow for unreasonable demands. Read more..

By DAVID STREITFELD - The New York Times

Kik Raises $50 Million From Tencent, in Bid to Become ‘WeChat of the West’

DealBook Online; Kik announces $50 million investment from Chinese company Tencent; company had stated it wanted to be Western version of WeChat, which Tencent owns. Read more..

By MICHAEL J. de la MERCED - The New York Times

Making Tires From a Desert Shrub Found in the U.S.

Cooper Tire & Rubber Company is expected to demonstrate tires produced from desert shrub guayule plant, important milestone for industry that has long sought American source of rubber; company will lead consortium to develop and market guayule-derived rubber. Read more..

By DIANE CARDWELL - The New York Times

Recent Commercial Real Estate Transactions

Recent commercial real estate transactions in New York City. Read more..

By ROSALIE R. RADOMSKY - The New York Times

Walmart Cuts Outlook, Citing Rising Wages and Online Investment

Walmart reports second-quarter revenue of $120.2 billion, $500 million above forecast, but cuts annual profit forecast due to higher wages. Read more..

By HIROKO TABUCHI - The New York Times

With an Eye on Fintech, Andreessen Horowitz Adds a New General Partner

Andreessen Horowitz is adding a new general partner, Alex Rampell. He will focus on the fast-growing field of financial technology start-ups. Read more..

By STEVE LOHR - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
AppleAAPL116.10116.52114.68115.0148.3M
MicrosoftMSFT46.7847.0846.3046.6131.5M
IntelINTC28.6528.8028.2828.3630.5M
Cisco SystemsCSCO28.1028.2427.7227.8030M
General ElectricGE25.9026.0325.6225.7329.1M
FacebookFB94.6396.1094.1695.3123.3M
AT&T Inc.T34.3034.5034.0734.3621.1M
PfizerPFE35.3735.4934.9635.2717.8M
ExxonMobilXOM77.5177.5875.9376.2317M
Wal-Mart StoresWMT68.8769.3967.7768.5716.3M
HP Inc.HPQ28.1928.3727.6127.7416.2M
ComcastCMCSA59.8660.7359.8559.9216M
Coca-ColaKO41.1441.2440.7840.7815.8M
JPMorgan ChaseJPM67.9368.3167.3767.6015.2M
ConocoPhillipsCOP49.2849.2847.0547.6814.5M
General MotorsGM31.6132.0531.3731.6313.9M
Wells Fargo & Co.WFC57.2857.5556.9557.0613.7M
ChevronCVX82.8782.9180.6780.9113.1M
Verizon CommunicationsVZ47.3947.7047.0847.4412.6M
Oracle Corp.ORCL39.7039.9439.3139.5311.1M
Procter & GamblePG74.9374.9374.0274.129.86M
Walt Disney & Co.DIS106.58107.75105.77106.459.48M
SchlumbergerSLB82.3782.9480.4080.679.41M
AltriaMO55.0055.2854.1754.818.33M
MerckMRK59.3260.0759.1959.667.99M
Johnson & JohnsonJNJ99.1899.9998.7899.317.64M
Gilead SciencesGILD116.65117.20115.40116.217.5M
Home DepotHD122.67123.79122.13122.766.49M
Abbott LaboratoriesABT50.1450.1749.4149.846M
McDonald'sMCD100.45101.88100.19101.105.99M
VisaV74.2074.9673.6774.405.89M
Bristol-Myers SquibbBMY63.2764.9763.2264.125.25M
International Business MachinesIBM155.15155.67153.41153.944.21M
PepsicoPEP99.3899.6898.6498.993.9M
Union PacificUNP92.2593.0991.8892.163.9M
United TechnologiesUTX98.7099.3797.8798.213.62M
Berkshire HathawayBRK.B141.00141.71139.75140.473.48M
UnitedHealth GroupUNH124.71124.99122.85123.223.41M
AmgenAMGN166.82167.72164.45166.573.14M
BoeingBA143.42144.48142.32142.722.97M
3MMMM146.20147.55145.28145.872.53M
AlphabetGOOGL690.11700.20686.80694.042.51M
AmazonAMZN533.74537.25529.00532.922.32M
Exchange Rates of August 19, 2015
CurrenciesExchange Rates
US DollarEuro1 USD = 0.899 EUR1 EUR = 1.112 USD
US DollarJapanese Yen1 USD = 123.926 JPY1 JPY = 0.008 USD
US DollarPound Sterling1 USD = 0.638 GBP1 GBP = 1.568 USD
US DollarAustralian Dollar1 USD = 1.361 AUD1 AUD = 0.735 USD
US DollarCanadian Dollar1 USD = 1.313 CAD1 CAD = 0.762 USD
US DollarSwiss Franc1 USD = 0.966 CHF1 CHF = 1.036 USD
US DollarChinese Yuan1 USD = 6.396 CNY1 CNY = 0.156 USD
US DollarMexican Peso1 USD = 16.607 MXN1 MXN = 0.060 USD
US DollarSwidish Krona1 USD = 8.519 SEK1 SEK = 0.117 USD
EuroJapanese Yen1 EUR = 137.751 JPY1 JPY = 0.007 EUR
EuroPound Sterling1 EUR = 0.709 GBP1 GBP = 1.411 EUR
EuroAustralian Dollar1 EUR = 1.513 AUD1 AUD = 0.661 EUR
EuroCanadian Dollar1 EUR = 1.459 CAD1 CAD = 0.685 EUR
EuroSwiss Franc1 EUR = 1.073 CHF1 CHF = 0.932 EUR
EuroChinese Yuan1 EUR = 7.109 CNY1 CNY = 0.141 EUR
EuroMexican Peso1 EUR = 18.461 MXN1 MXN = 0.054 EUR
EuroSwidish Krona1 EUR = 9.470 SEK1 SEK = 0.106 EUR
Japanese YenPound Sterling1 JPY = 0.005 GBP1 GBP = 196.078 JPY
Japanese YenAustralian Dollar1 JPY = 0.011 AUD1 AUD = 90.909 JPY
Japanese YenCanadian Dollar1 JPY = 0.011 CAD1 CAD = 94.340 JPY
Japanese YenSwiss Franc1 JPY = 0.008 CHF1 CHF = 128.205 JPY
Japanese YenChinese Yuan1 JPY = 0.052 CNY1 CNY = 19.380 JPY
Japanese YenMexican Peso1 JPY = 0.134 MXN1 MXN = 7.463 JPY
Japanese YenSwidish Krona1 JPY = 0.069 SEK1 SEK = 14.556 JPY
Pound SterlingAustralian Dollar1 GBP = 2.133 AUD1 AUD = 0.469 GBP
Pound SterlingCanadian Dollar1 GBP = 2.058 CAD1 CAD = 0.486 GBP
Pound SterlingSwiss Franc1 GBP = 1.514 CHF1 CHF = 0.661 GBP
Pound SterlingChinese Yuan1 GBP = 10.027 CNY1 CNY = 0.100 GBP
Pound SterlingMexican Peso1 GBP = 26.029 MXN1 MXN = 0.038 GBP
Pound SterlingSwidish Krona1 GBP = 13.357 SEK1 SEK = 0.075 GBP
Australian DollarCanadian Dollar1 AUD = 0.965 CAD1 CAD = 1.037 AUD
Australian DollarSwiss Franc1 AUD = 0.709 CHF1 CHF = 1.410 AUD
Australian DollarChinese Yuan1 AUD = 4.698 CNY1 CNY = 0.213 AUD
Australian DollarMexican Peso1 AUD = 12.202 MXN1 MXN = 0.082 AUD
Australian DollarSwidish Krona1 AUD = 6.258 SEK1 SEK = 0.160 AUD
Canadian DollarSwiss Franc1 CAD = 0.735 CHF1 CHF = 1.360 CAD
Canadian DollarChinese Yuan1 CAD = 4.872 CNY1 CNY = 0.205 CAD
Canadian DollarMexican Peso1 CAD = 12.649 MXN1 MXN = 0.079 CAD
Canadian DollarSwidish Krona1 CAD = 6.487 SEK1 SEK = 0.154 CAD
Swiss FrancChinese Yuan1 CHF = 6.622 CNY1 CNY = 0.151 CHF
Swiss FrancMexican Peso1 CHF = 17.195 MXN1 MXN = 0.058 CHF
Swiss FrancSwidish Krona1 CHF = 8.822 SEK1 SEK = 0.113 CHF
Chinese YuanSwidish Krona1 CNY = 1.341 SEK1 SEK = 0.746 CNY

See what else happened on August 19, 2015