Financial news on August 21, 2013

Business and Financial news
2 Mining Giants Report Lower Earnings

Glencore Xstrata took a $7.7 billion write-down, and BHP Billiton said its annual profit fell 30 percent. Read more..

By JULIA WERDIGIER - The New York Times

David J. Galullo

Vivian Marino 30-Minute Interview with Rapt Studios chief executive David J Galullo; San-Francisco-based company designs corporate interiors for clients like Adobe, Google and the North Face. Read more..

By VIVIAN MARINO - The New York Times

Europe Set to Impose Sanctions on Faroe Islands Over Herring

European Commission says it is enacting tough trade sanctions against Faroe Islands after tiny North Atlantic territory unilaterally increased its herring quota. Read more..

By DAVID JOLLY - The New York Times

Facebook Leads an Effort to Lower Barriers to Internet Access

The social media giant is set to unveil a coalition of tech companies working to improve data transmission in the developing world. Read more..

By VINDU GOEL - The New York Times

Fox News Confirms the Firing of a Top Executive Who Was Once Close to Ailes

Fox News Channel confirms reports that chief executive Roger Ailes fired Brian Lewis, one of his longest-serving and closest lieutenants, for what it called 'issues related to financial irregularities, as well as for multiple, material and significant breaches of his employment contract;' company initially declined to comment on reports about Lewis. Read more..

By BILL CARTER - The New York Times

In Denver, Beat Starts to Pick Up in a Once-Thriving Hub for Jazz

Developers are moving into Denver's Five Points neighborhood, once-thriving center for jazz age that some called Harlem of the West, after decades of trying to restore area's landmarks and historic buildings. Read more..

By ALISON GREGOR - The New York Times

Netflix Makes Deal to Stream Weinstein Films

The agreement makes Netflix the exclusive subscription TV outlet for Weinstein Company films, and begins in 2016. Read more..

By MICHAEL CIEPLY - The New York Times

New Chinese Agency to Increase Financial Coordination

Chinese authorities say they will set up group to coordinate financial regulation; new agency is apparent attempt to reduce risk and wean economy off easy credit; will coordinate monetary regulatory policies, information-sharing and statistics. Read more..

By BETTINA WASSENER and CHRIS BUCKLEY - The New York Times

New York Hotels Decide It’s Time for a Makeover

New York hotels, like Milford New York near Times Square and New York Palace hotel, are at forefront of boom in complete makeovers, following years of lower capital spending caused by economic downturn. Read more..

By JANE L. LEVERE - The New York Times

Wall Street Closes Mixed on Retailers’ Results

Positive earnings reports from some prominent retailers, including Home Depot and Best Buy, helped Wall Street indexes close either higher or flat. Read more..

By REUTERS - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Facebook FB 38.38 38.85 38.15 38.32 46.1M
Microsoft MSFT 31.61 32.01 31.54 31.61 37.4M
Cisco Systems CSCO 24.36 24.48 24.05 24.07 33.4M
Intel INTC 22.54 22.58 22.06 22.17 32.4M
General Electric GE 23.72 23.79 23.56 23.61 31.9M
HP Inc. HPQ 25.93 26.04 25.24 25.38 25.7M
Pfizer PFE 28.50 28.58 28.22 28.24 23.2M
AT&T Inc. T 33.80 33.85 33.46 33.48 20.5M
JPMorgan Chase JPM 51.92 52.22 51.28 51.63 17.1M
Coca-Cola KO 38.63 38.70 38.25 38.28 15.8M
Wells Fargo & Co. WFC 42.45 42.68 42.13 42.36 14.6M
Comcast CMCSA 42.46 42.47 41.32 41.83 14.1M
ExxonMobil XOM 86.95 87.35 86.39 86.42 12.8M
Apple AAPL 503.59 507.15 501.20 502.36 12M
Oracle Corp. ORCL 32.19 32.62 32.10 32.30 12M
Merck MRK 47.56 48.04 47.30 47.46 10.8M
Home Depot HD 74.60 75.33 73.43 73.73 10.8M
Gilead Sciences GILD 57.70 59.54 57.43 58.69 10.1M
General Motors GM 34.78 34.95 34.39 34.53 9.8M
Verizon Communications VZ 47.79 47.79 47.24 47.27 8.43M
Wal-Mart Stores WMT 73.16 74.13 72.93 73.55 8.08M
Altria MO 33.74 33.77 33.37 33.46 8.03M
Johnson & Johnson JNJ 89.47 89.63 88.68 88.80 7.94M
Visa V 173.26 181.50 172.52 178.39 7.73M
Procter & Gamble PG 79.50 80.12 79.05 79.38 7.39M
Walt Disney & Co. DIS 61.62 61.88 61.09 61.14 7.19M
Bristol-Myers Squibb BMY 41.50 41.72 41.22 41.32 6.79M
Chevron CVX 118.38 118.50 117.22 117.70 5.65M
Pepsico PEP 80.06 80.16 79.01 79.08 5.45M
Abbott Laboratories ABT 34.68 34.86 34.44 34.64 5.41M
ConocoPhillips COP 65.97 66.02 65.29 65.52 4.41M
Schlumberger SLB 80.26 80.93 80.00 80.05 4.12M
Boeing BA 104.47 104.76 103.60 103.91 3.65M
International Business Machines IBM 184.67 186.57 184.28 184.86 3.55M
Alphabet GOOGL 870.65 876.91 866.50 869.33 3.51M
McDonald's MCD 95.41 95.82 95.11 95.11 3.43M
UnitedHealth Group UNH 72.18 72.34 71.47 71.85 3.31M
Berkshire Hathaway BRK.B 114.80 115.00 113.52 113.98 3.11M
United Technologies UTX 102.20 102.48 101.21 101.70 3.08M
Amgen AMGN 105.54 106.18 103.88 104.65 2.34M
3M MMM 114.79 114.84 113.34 113.42 2.29M
Union Pacific UNP 156.50 156.80 154.51 154.87 1.9M
Amazon AMZN 285.09 288.50 283.83 284.57 1.82M
Exchange Rates of August 21, 2013
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 97.690 JPY 1 JPY = 0.010 USD
US Dollar Canadian Dollar 1 USD = 1.048 CAD 1 CAD = 0.955 USD
US Dollar Swiss Franc 1 USD = 0.922 CHF 1 CHF = 1.085 USD
US Dollar Chinese Yuan 1 USD = 6.123 CNY 1 CNY = 0.163 USD
Euro Japanese Yen 1 EUR = 130.480 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.853 GBP 1 GBP = 1.172 EUR
Euro Australian Dollar 1 EUR = 1.488 AUD 1 AUD = 0.672 EUR
Euro Canadian Dollar 1 EUR = 1.400 CAD 1 CAD = 0.715 EUR
Euro Swiss Franc 1 EUR = 1.232 CHF 1 CHF = 0.812 EUR
Euro Chinese Yuan 1 EUR = 8.184 CNY 1 CNY = 0.122 EUR
Japanese Yen Pound Sterling 1 JPY = 0.654 GBP 1 GBP = 1.530 JPY
Japanese Yen Australian Dollar 1 JPY = 1.140 AUD 1 AUD = 0.877 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.072 CAD 1 CAD = 0.933 JPY
Japanese Yen Swiss Franc 1 JPY = 0.944 CHF 1 CHF = 1.060 JPY
Pound Sterling Australian Dollar 1 GBP = 1.744 AUD 1 AUD = 0.573 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.640 CAD 1 CAD = 0.610 GBP
Pound Sterling Swiss Franc 1 GBP = 1.444 CHF 1 CHF = 0.693 GBP
Pound Sterling Chinese Yuan 1 GBP = 9.600 CNY 1 CNY = 0.104 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.940 CAD 1 CAD = 1.064 AUD
Australian Dollar Swiss Franc 1 AUD = 0.827 CHF 1 CHF = 1.209 AUD
Australian Dollar Chinese Yuan 1 AUD = 5.512 CNY 1 CNY = 0.181 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.880 CHF 1 CHF = 1.137 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5.851 CNY 1 CNY = 0.171 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.640 CNY 1 CNY = 0.151 CHF

See what else happened on August 21, 2013