Financial news on April 20, 2016

Business and Financial news
Banca Popolare di Vicenza Sets Price Range for I.P.O.

The Italian lender is seeking to sell shares by early May to meet capital requirements set by the European Central Bank. Read more..

By CHAD BRAY - The New York Times

China Drone Maker Says It May Share Data With State

The company, DJI, said it was still working out how to deal with the data the authorities request and that it could include data from flights in Hong Kong. Read more..

By PAUL MOZUR - The New York Times

E.U. Charges Dispute Google’s Claims That Android Is Open to All

Europe’s competition chief said Google unfairly promoted its services with cellphone makers, limiting rivals in the smartphone software market. Read more..

By MARK SCOTT - The New York Times

Keeping Your Android Files in Sync With a Computer

Tech Tip Q&A; explanation of how to synch computer and Android devices. Read more..

By J. D. BIERSDORFER - The New York Times

Realistically, Bernie Sanders Cannot Afford Losses

The New York result confirms that he is on track to lose the pledged delegate race and therefore the nomination. Read more..

By NATE COHN - The New York Times

Saudi Threat to Sell U.S. Assets Could Hurt, but Mostly the Saudis

Experts say Saudi Arabia could hurt itself more than United States should it follow through on threat to sell off American investments; threat was meant to deter Congress from passing law allowing country to be held responsible for its role in Sept 11, 2001, terrorist attacks. Read more..

By BINYAMIN APPELBAUM - The New York Times

S.E.C. in Stasis as Democrats Hold Up Obama Nominees

Steven Davidoff Solomon Deal Professor column notes irony in obstruction by Sen Chuck Schumer and some Democratic colleagues, who are holding up confirmation of Hester Peirce and Lisa M Fairfax to Securities and Exchange Commission; observes that both nominees were previously cleared by same Democratic senators; warns SEC will remain deadlocked as long as nominees are not confirmed. Read more..

By STEVEN DAVIDOFF SOLOMON - The New York Times

UnitedHealth to Pull Back From Insurance Exchanges, Citing Losses

UnitedHealth Group informs investors that it plans to pull out of majority of states where it offers health insurance coverage under federal health care law; will only offer policies on public exchanges in handful of states in 2017, citing estimated losses on such plans of $1 billion in 2015 and 2016. Read more..

By REED ABELSON - The New York Times

Visa Speeds Up Chip Cards With Software Upgrade

Visa announces that it will begin giving retailers software that will reduce amount of time it takes to use chip-enabled debit and credit cards, which have frustrated many consumers. Read more..

By RACHEL ABRAMS - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Intel INTC 31.32 32.26 31.25 32.00 57.6M
Coca-Cola KO 45.34 45.38 44.06 44.37 40.4M
Microsoft MSFT 56.29 56.50 55.49 55.59 36.2M
Pfizer PFE 32.85 33.40 32.85 33.23 35.1M
Apple AAPL 106.64 108.09 106.06 107.13 30.6M
General Electric GE 31.20 31.35 31.05 31.15 26.5M
Wells Fargo & Co. WFC 49.98 50.52 49.76 50.45 22.6M
Facebook FB 112.43 113.27 111.56 112.42 21M
Cisco Systems CSCO 28.40 28.68 28.26 28.44 19.9M
HP Inc. HPQ 12.82 12.96 12.73 12.80 17.1M
AT&T Inc. T 38.99 39.01 38.66 38.72 16.8M
Verizon Communications VZ 52.15 52.22 51.66 51.75 15.4M
ExxonMobil XOM 86.23 87.44 85.97 86.80 15.2M
JPMorgan Chase JPM 63.48 64.31 63.15 64.24 14.6M
Comcast CMCSA 62.60 62.60 61.31 61.46 13.4M
General Motors GM 32.00 32.41 32.00 32.19 12.9M
Schlumberger SLB 79.15 81.90 79.15 81.10 12.1M
Chevron CVX 100.08 102.54 99.84 101.69 10.1M
Procter & Gamble PG 83.29 83.34 81.48 81.55 9.12M
Gilead Sciences GILD 99.35 100.96 99.35 100.11 8.86M
Abbott Laboratories ABT 44.48 44.58 43.51 43.97 8.69M
Merck MRK 57.15 57.40 56.44 56.58 8.52M
Visa V 80.88 81.64 80.55 81.15 8.52M
ConocoPhillips COP 46.73 47.66 46.09 47.08 8.5M
Oracle Corp. ORCL 41.19 41.39 41.08 41.10 8.48M
Johnson & Johnson JNJ 113.19 114.19 113.05 113.58 8.21M
Walt Disney & Co. DIS 103.02 103.48 101.96 103.27 7.71M
UnitedHealth Group UNH 131.29 135.11 130.90 133.93 7.32M
Bristol-Myers Squibb BMY 69.18 69.55 68.41 69.23 6.92M
Boeing BA 128.55 131.36 128.49 130.57 6.8M
International Business Machines IBM 144.24 147.20 144.00 146.11 6.75M
Union Pacific UNP 82.73 84.61 82.20 83.85 6.3M
Wal-Mart Stores WMT 69.76 69.99 69.13 69.21 5.41M
McDonald's MCD 129.31 129.80 128.51 128.55 5.01M
Pepsico PEP 104.23 104.35 102.39 102.44 4.78M
Home Depot HD 135.75 136.08 134.48 135.19 4.76M
Altria MO 61.57 61.92 61.21 61.48 4.64M
United Technologies UTX 105.42 106.11 105.20 105.53 3.82M
Amazon AMZN 630.00 636.55 623.00 632.99 2.61M
Amgen AMGN 163.02 163.84 161.80 162.76 2.37M
Berkshire Hathaway BRK.B 145.98 146.44 145.38 146.09 2.29M
Alphabet GOOGL 779.16 779.66 771.27 774.92 1.71M
3M MMM 170.14 170.45 168.62 168.94 1.44M
Exchange Rates of April 20, 2016
CurrenciesExchange Rates
US Dollar Euro 1 USD = 0.885 EUR 1 EUR = 1.130 USD
US Dollar Japanese Yen 1 USD = 109.760 JPY 1 JPY = 0.009 USD
US Dollar Pound Sterling 1 USD = 0.698 GBP 1 GBP = 1.434 USD
US Dollar Australian Dollar 1 USD = 1.283 AUD 1 AUD = 0.780 USD
US Dollar Canadian Dollar 1 USD = 1.265 CAD 1 CAD = 0.790 USD
US Dollar Swiss Franc 1 USD = 0.971 CHF 1 CHF = 1.030 USD
US Dollar Chinese Yuan 1 USD = 6.467 CNY 1 CNY = 0.155 USD
US Dollar Mexican Peso 1 USD = 17.246 MXN 1 MXN = 0.058 USD
US Dollar Swidish Krona 1 USD = 8.121 SEK 1 SEK = 0.123 USD
Euro Japanese Yen 1 EUR = 124.035 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.788 GBP 1 GBP = 1.269 EUR
Euro Australian Dollar 1 EUR = 1.450 AUD 1 AUD = 0.690 EUR
Euro Canadian Dollar 1 EUR = 1.430 CAD 1 CAD = 0.699 EUR
Euro Swiss Franc 1 EUR = 1.098 CHF 1 CHF = 0.911 EUR
Euro Chinese Yuan 1 EUR = 7.304 CNY 1 CNY = 0.137 EUR
Euro Mexican Peso 1 EUR = 19.499 MXN 1 MXN = 0.051 EUR
Euro Swidish Krona 1 EUR = 9.179 SEK 1 SEK = 0.109 EUR
Japanese Yen Pound Sterling 1 JPY = 0.006 GBP 1 GBP = 158.730 JPY
Japanese Yen Australian Dollar 1 JPY = 0.012 AUD 1 AUD = 85.470 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.012 CAD 1 CAD = 86.957 JPY
Japanese Yen Swiss Franc 1 JPY = 0.009 CHF 1 CHF = 112.360 JPY
Japanese Yen Chinese Yuan 1 JPY = 0.059 CNY 1 CNY = 17.007 JPY
Japanese Yen Mexican Peso 1 JPY = 0.157 MXN 1 MXN = 6.361 JPY
Japanese Yen Swidish Krona 1 JPY = 0.074 SEK 1 SEK = 13.514 JPY
Pound Sterling Australian Dollar 1 GBP = 1.839 AUD 1 AUD = 0.544 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.814 CAD 1 CAD = 0.551 GBP
Pound Sterling Swiss Franc 1 GBP = 1.392 CHF 1 CHF = 0.718 GBP
Pound Sterling Chinese Yuan 1 GBP = 9.267 CNY 1 CNY = 0.108 GBP
Pound Sterling Mexican Peso 1 GBP = 24.727 MXN 1 MXN = 0.040 GBP
Pound Sterling Swidish Krona 1 GBP = 11.640 SEK 1 SEK = 0.086 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.987 CAD 1 CAD = 1.014 AUD
Australian Dollar Swiss Franc 1 AUD = 0.757 CHF 1 CHF = 1.321 AUD
Australian Dollar Chinese Yuan 1 AUD = 5.040 CNY 1 CNY = 0.198 AUD
Australian Dollar Mexican Peso 1 AUD = 13.457 MXN 1 MXN = 0.074 AUD
Australian Dollar Swidish Krona 1 AUD = 6.328 SEK 1 SEK = 0.158 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.768 CHF 1 CHF = 1.303 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5.109 CNY 1 CNY = 0.196 CAD
Canadian Dollar Mexican Peso 1 CAD = 13.641 MXN 1 MXN = 0.073 CAD
Canadian Dollar Swidish Krona 1 CAD = 6.417 SEK 1 SEK = 0.156 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.653 CNY 1 CNY = 0.150 CHF
Swiss Franc Mexican Peso 1 CHF = 17.766 MXN 1 MXN = 0.056 CHF
Swiss Franc Swidish Krona 1 CHF = 8.359 SEK 1 SEK = 0.120 CHF
Chinese Yuan Swidish Krona 1 CNY = 1.250 SEK 1 SEK = 0.800 CNY

See what else happened on April 20, 2016