Financial news on May 19, 2014

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

The commercial director Joe Pytka will receive the Lion of St. Mark award at the 61st Cannes Lion International Festival of Creativity. Read more..

By THE NEW YORK TIMES - The New York Times

A Good Deed Crosses Two Cultures

In China, many people stay in their own small circles of family and friends and suspect that anyone trying to get into their group must have an ulterior motive. Read more..

By DEB WEIDENHAMER - The New York Times

AstraZeneca’s Chairman on Pfizer’s Bid

Leif Johansson, the chairman of the British pharmaceutical company AstraZeneca, explained why the board rejected the $119 billion takeover offer from the American drug maker Pfizer. Read more..

Associated Press - The New York Times

AT&T Shareholders on Hold in DirecTV Deal

The unexpectedly robust $1.6 billion of cost savings from the acquisition do not quite cover the 30 percent premium AT&T is paying, Jeffrey Goldfarb of Reuters Breakingviews writes. Read more..

By JEFFREY GOLDFARB - The New York Times

Credit Suisse Pleads Guilty in Felony Case

As part of a deal, the Swiss bank said it had conspired to aid tax evasion in a decades-long scheme. It will also pay about $2.6 billion in penalties and hire an independent monitor. Read more..

By BEN PROTESS and JESSICA SILVER-GREENBERG - The New York Times

In Push for Deal, Ackman Aims at Allergan Chief

The activist investor William A. Ackman sent a letter on Monday to Allergan’s lead director, accusing the company’s chairman of a conflict of interest because he is also the chief executive. Read more..

By WILLIAM ALDEN and DAVID GELLES - The New York Times

The Advisers Behind the Deal for DirecTV

Even for the telecommunications industry, AT&T’s $48.5 billion bid for DirecTV is a blockbuster deal. And should it be completed, the deal could bestow a wealth of fees upon the advisers who worked on it. Read more..

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

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
AT&T Inc. T 35,99 36,75 35,77 36,38 77.6M
Facebook FB 57,89 59,56 57,57 59,21 43M
Pfizer PFE 29,58 29,71 29,25 29,28 41M
Cisco Systems CSCO 24,24 24,45 24,12 24,35 39.4M
Microsoft MSFT 39,61 39,82 39,46 39,75 24.5M
Intel INTC 25,75 26,09 25,75 26,04 22.7M
Verizon Communications VZ 49,13 49,50 49,06 49,15 19.1M
General Electric GE 26,55 26,69 26,48 26,61 18.1M
Comcast CMCSA 50,24 50,94 49,78 50,90 14M
JPMorgan Chase JPM 53,08 53,91 53,06 53,83 12.1M
Oracle Corp. ORCL 41,48 42,20 41,41 42,16 11.9M
Apple AAPL 597,85 607,33 597,33 604,59 11.3M
Altria MO 40,29 40,44 40,00 40,21 10.6M
Wells Fargo & Co. WFC 48,84 49,54 48,82 49,49 10.5M
Gilead Sciences GILD 80,71 82,10 80,50 82,05 10.2M
HP Inc. HPQ 32,55 33,17 32,48 33,11 10.1M
General Motors GM 33,52 33,56 32,61 32,68 9.01M
Home Depot HD 76,58 77,07 76,37 76,50 7.73M
Coca-Cola KO 40,60 40,73 40,42 40,71 7.56M
Merck MRK 55,74 56,37 55,62 56,35 7.52M
Bristol-Myers Squibb BMY 48,62 49,45 48,54 49,34 7.06M
Johnson & Johnson JNJ 100,22 100,93 100,13 100,64 7M
Abbott Laboratories ABT 39,62 39,94 39,42 39,63 6.46M
Wal-Mart Stores WMT 77,11 77,13 76,50 76,61 6.13M
Procter & Gamble PG 80,01 80,05 79,54 79,93 6.07M
ExxonMobil XOM 100,42 101,11 100,42 100,87 5.85M
Walt Disney & Co. DIS 80,43 81,38 80,14 81,05 4.9M
Pepsico PEP 85,94 86,20 85,45 86,10 4.2M
Schlumberger SLB 99,37 100,44 99,26 100,29 4.1M
Chevron CVX 122,95 123,42 122,85 122,95 4.04M
McDonald's MCD 102,81 102,83 101,74 102,09 3.86M
Amgen AMGN 111,24 112,47 110,92 112,08 3.65M
ConocoPhillips COP 78,01 78,57 77,94 78,43 3.34M
International Business Machines IBM 186,61 187,13 186,04 187,00 3.27M
United Technologies UTX 114,07 115,57 113,92 115,02 3.21M
Amazon AMZN 295,76 299,00 293,81 296,76 2.28M
Berkshire Hathaway BRK.B 126,77 127,21 126,11 127,13 2.24M
UnitedHealth Group UNH 76,42 77,23 76,36 77,20 2.15M
Boeing BA 130,42 132,07 130,35 131,35 2.1M
Alphabet GOOGL 528,88 539,35 525,66 538,83 1.98M
Visa V 209,38 210,98 208,85 210,36 1.76M
Union Pacific UNP 195,26 195,78 194,14 195,59 1.61M
3M MMM 140,07 142,00 139,98 141,67 1.53M
Exchange Rates of May 19, 2014
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 101,470 JPY 1 JPY = 0,010 USD
US Dollar Canadian Dollar 1 USD = 1,087 CAD 1 CAD = 0,920 USD
US Dollar Swiss Franc 1 USD = 0,892 CHF 1 CHF = 1,121 USD
US Dollar Chinese Yuan 1 USD = 6,237 CNY 1 CNY = 0,160 USD
Euro Japanese Yen 1 EUR = 139,100 JPY 1 JPY = 0,007 EUR
Euro Pound Sterling 1 EUR = 0,815 GBP 1 GBP = 1,227 EUR
Euro Australian Dollar 1 EUR = 1,470 AUD 1 AUD = 0,680 EUR
Euro Canadian Dollar 1 EUR = 1,490 CAD 1 CAD = 0,671 EUR
Euro Swiss Franc 1 EUR = 1,223 CHF 1 CHF = 0,818 EUR
Euro Chinese Yuan 1 EUR = 8,551 CNY 1 CNY = 0,117 EUR
Japanese Yen Pound Sterling 1 JPY = 0,586 GBP 1 GBP = 1,707 JPY
Japanese Yen Australian Dollar 1 JPY = 1,056 AUD 1 AUD = 0,947 JPY
Japanese Yen Canadian Dollar 1 JPY = 1,071 CAD 1 CAD = 0,934 JPY
Japanese Yen Swiss Franc 1 JPY = 0,879 CHF 1 CHF = 1,138 JPY
Pound Sterling Australian Dollar 1 GBP = 1,803 AUD 1 AUD = 0,555 GBP
Pound Sterling Canadian Dollar 1 GBP = 1,828 CAD 1 CAD = 0,547 GBP
Pound Sterling Swiss Franc 1 GBP = 1,500 CHF 1 CHF = 0,667 GBP
Pound Sterling Chinese Yuan 1 GBP = 10,487 CNY 1 CNY = 0,095 GBP
Australian Dollar Canadian Dollar 1 AUD = 1,013 CAD 1 CAD = 0,987 AUD
Australian Dollar Swiss Franc 1 AUD = 0,832 CHF 1 CHF = 1,202 AUD
Australian Dollar Chinese Yuan 1 AUD = 5,818 CNY 1 CNY = 0,172 AUD
Canadian Dollar Swiss Franc 1 CAD = 0,821 CHF 1 CHF = 1,219 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5,736 CNY 1 CNY = 0,174 CAD
Swiss Franc Chinese Yuan 1 CHF = 6,990 CNY 1 CNY = 0,143 CHF

See what else happened on May 19, 2014