Financial news on December 20, 2016

Business and Financial news
A New Fund Seeks Both Financial and Social Returns

Andrew Ross Sorkin DealBook column examines Rise, investment fund developed by TPG founder William E Glashan Jr that seeks to be both profitable and have measurable social impact. Read more..

By ANDREW ROSS SORKIN - The New York Times

Fact-Checking a Claim About a Weed Killer

Syngenta, the manufacturer of paraquat, says an influential study shows no link between the pesticide and Parkinson’s. The study’s authors say that claim is wrong. Read more..

By DANNY HAKIM - The New York Times

Linde of Germany Reaches Merger Deal with American Rival Praxair

The agreement, which comes less than two weeks after the companies agreed to resume talks, would combine two of the world’s largest industrial-gas suppliers. Read more..

By CHAD BRAY - The New York Times

Lloyds to Buy Bank of America’s British Credit Card Business

The $2.4 billion deal is a turnaround from the global financial crisis, when the British government bailed out Lloyds. Read more..

By CHAD BRAY - The New York Times

Moving Your Desktop Taskbar or Dock

Both Windows and Mac provide a handy place on the screen to store frequently used program icons, and its location can be changed. Read more..

By J. D. BIERSDORFER - 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

To Problems With China’s Financial System, Add the Bond Market

More than a year after the country’s stock market crashed, the $9 trillion bond market, a crucial part of efforts to overhaul the economy, is suffering. Read more..

By KEITH BRADSHER - The New York Times

Trading Hospital Rooms for Hotel Suites

As patients increasingly travel for medical treatment, developers are seizing on the benefits of situating hotels near major medical centers. Read more..

By C.J. HUGHES - The New York Times

Trump’s Treasury Pick Moves in Secretive Hedge Fund Circles

Steven T. Mnuchin’s time in the limelight came mainly as the head of OneWest, a bank bought out of bankruptcy that was criticized over foreclosures. Read more..

By MATTHEW GOLDSTEIN and ALEXANDRA STEVENSON - The New York Times

Why Verizon Can’t Quit Yahoo

Despite the easy narrative that Yahoo is a loser in the tech industry, its business is stabilizing and Verizon has little to stand on to exit the merger. Read more..

By STEVEN DAVIDOFF SOLOMON - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
General Electric GE 31.92 32.38 31.91 32.25 39.8M
Microsoft MSFT 63.69 63.80 63.03 63.54 26M
Pfizer PFE 32.78 32.88 32.57 32.85 25.1M
Apple AAPL 116.74 117.50 116.68 116.95 21.4M
AT&T Inc. T 42.17 42.76 42.14 42.47 21.2M
Wells Fargo & Co. WFC 55.47 56.32 55.15 56.10 19.2M
Intel INTC 36.95 37.24 36.89 37.21 18.6M
Cisco Systems CSCO 30.83 30.87 30.46 30.56 17.5M
JPMorgan Chase JPM 85.79 86.54 85.55 86.53 14.6M
Oracle Corp. ORCL 38.96 39.11 38.80 39.00 14M
Facebook FB 119.50 119.77 118.80 119.09 13.7M
HP Inc. HPQ 15.16 15.22 15.00 15.08 12.1M
Coca-Cola KO 41.70 41.72 41.44 41.66 10.6M
Comcast CMCSA 70.32 71.20 69.98 71.01 10.4M
Merck MRK 61.19 61.68 60.37 60.50 10.4M
Verizon Communications VZ 52.93 53.46 52.93 53.12 10.4M
Walt Disney & Co. DIS 105.64 106.20 105.06 105.46 8.95M
General Motors GM 36.40 36.73 36.23 36.61 8.8M
Gilead Sciences GILD 74.51 74.63 73.43 74.05 8.45M
Procter & Gamble PG 84.57 84.71 84.19 84.57 7.49M
ExxonMobil XOM 90.51 90.85 90.29 90.43 7.22M
Abbott Laboratories ABT 38.40 38.51 38.02 38.19 6.99M
Altria MO 66.91 67.34 66.33 67.34 6.98M
Visa V 78.41 78.58 77.69 78.36 6.92M
Wal-Mart Stores WMT 71.73 71.93 71.51 71.82 6.11M
Johnson & Johnson JNJ 115.98 116.25 114.91 115.66 5.72M
Schlumberger SLB 85.61 85.88 85.03 85.28 5.19M
Pepsico PEP 104.89 105.04 104.37 104.90 4.9M
ConocoPhillips COP 52.22 52.58 51.36 51.55 4.66M
Chevron CVX 117.85 118.63 117.67 117.95 4.32M
Home Depot HD 135.65 137.24 135.43 137.11 4.3M
Bristol-Myers Squibb BMY 59.30 59.53 58.94 59.12 3.92M
UnitedHealth Group UNH 161.71 163.11 161.41 161.59 3.13M
Berkshire Hathaway BRK.B 166.15 166.42 165.40 166.36 3.1M
Union Pacific UNP 103.81 104.77 103.54 104.65 3.03M
McDonald's MCD 123.18 123.90 122.71 123.33 2.77M
Amazon AMZN 768.65 774.39 767.71 771.22 2.7M
Amgen AMGN 146.82 147.99 146.47 147.22 2.62M
Boeing BA 156.96 157.89 155.95 156.39 2.27M
United Technologies UTX 110.93 111.00 110.15 110.65 2.26M
International Business Machines IBM 167.49 168.25 166.45 167.60 2.17M
3M MMM 178.34 179.33 178.06 178.65 1.38M
Alphabet GOOGL 813.37 816.49 811.00 815.20 1.27M
Exchange Rates of December 20, 2016
CurrenciesExchange Rates
US Dollar Euro 1 USD = 0.962 EUR 1 EUR = 1.039 USD
US Dollar Japanese Yen 1 USD = 117.877 JPY 1 JPY = 0.008 USD
US Dollar Pound Sterling 1 USD = 0.809 GBP 1 GBP = 1.237 USD
US Dollar Australian Dollar 1 USD = 1.376 AUD 1 AUD = 0.727 USD
US Dollar Canadian Dollar 1 USD = 1.337 CAD 1 CAD = 0.748 USD
US Dollar Swiss Franc 1 USD = 1.029 CHF 1 CHF = 0.972 USD
US Dollar Chinese Yuan 1 USD = 6.947 CNY 1 CNY = 0.144 USD
US Dollar Mexican Peso 1 USD = 20.454 MXN 1 MXN = 0.049 USD
US Dollar Swidish Krona 1 USD = 9.349 SEK 1 SEK = 0.107 USD
Euro Japanese Yen 1 EUR = 122.483 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.840 GBP 1 GBP = 1.191 EUR
Euro Australian Dollar 1 EUR = 1.430 AUD 1 AUD = 0.699 EUR
Euro Canadian Dollar 1 EUR = 1.389 CAD 1 CAD = 0.720 EUR
Euro Swiss Franc 1 EUR = 1.069 CHF 1 CHF = 0.936 EUR
Euro Chinese Yuan 1 EUR = 7.220 CNY 1 CNY = 0.139 EUR
Euro Mexican Peso 1 EUR = 21.256 MXN 1 MXN = 0.047 EUR
Euro Swidish Krona 1 EUR = 9.712 SEK 1 SEK = 0.103 EUR
Japanese Yen Pound Sterling 1 JPY = 0.007 GBP 1 GBP = 144.928 JPY
Japanese Yen Australian Dollar 1 JPY = 0.012 AUD 1 AUD = 85.470 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.011 CAD 1 CAD = 88.496 JPY
Japanese Yen Swiss Franc 1 JPY = 0.009 CHF 1 CHF = 114.943 JPY
Japanese Yen Chinese Yuan 1 JPY = 0.059 CNY 1 CNY = 16.949 JPY
Japanese Yen Mexican Peso 1 JPY = 0.174 MXN 1 MXN = 5.760 JPY
Japanese Yen Swidish Krona 1 JPY = 0.079 SEK 1 SEK = 12.610 JPY
Pound Sterling Australian Dollar 1 GBP = 1.702 AUD 1 AUD = 0.587 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.653 CAD 1 CAD = 0.605 GBP
Pound Sterling Swiss Franc 1 GBP = 1.272 CHF 1 CHF = 0.786 GBP
Pound Sterling Chinese Yuan 1 GBP = 8.600 CNY 1 CNY = 0.116 GBP
Pound Sterling Mexican Peso 1 GBP = 25.289 MXN 1 MXN = 0.040 GBP
Pound Sterling Swidish Krona 1 GBP = 11.564 SEK 1 SEK = 0.086 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.971 CAD 1 CAD = 1.030 AUD
Australian Dollar Swiss Franc 1 AUD = 0.747 CHF 1 CHF = 1.339 AUD
Australian Dollar Chinese Yuan 1 AUD = 5.053 CNY 1 CNY = 0.198 AUD
Australian Dollar Mexican Peso 1 AUD = 14.867 MXN 1 MXN = 0.067 AUD
Australian Dollar Swidish Krona 1 AUD = 6.787 SEK 1 SEK = 0.147 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.769 CHF 1 CHF = 1.300 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5.202 CNY 1 CNY = 0.192 CAD
Canadian Dollar Mexican Peso 1 CAD = 15.316 MXN 1 MXN = 0.065 CAD
Canadian Dollar Swidish Krona 1 CAD = 6.990 SEK 1 SEK = 0.143 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.759 CNY 1 CNY = 0.148 CHF
Swiss Franc Mexican Peso 1 CHF = 19.898 MXN 1 MXN = 0.050 CHF
Swiss Franc Swidish Krona 1 CHF = 9.090 SEK 1 SEK = 0.110 CHF

See what else happened on December 20, 2016