Financial news on May 21, 2015

Business and Financial news
Altice’s Deal to Buy Suddenlink May Be Prelude to Pursuit of Time Warner Cable

European telecom firm Altice gains foothold in United States with $9.1 billion purchase of Suddenlink Communications; deal comes ahead of possible bid for Time Warner Cable. Read more..

By MARK SCOTT and EMILY STEEL - The New York Times

Benjamin Lawsky, Sheriff of Wall Street, Is Taking Off His Badge

Benjamin M Lawsky, New York State Dept of Financial Services superintendent, announces he will leave post in late June to start his own legal and consulting firm; his cases against big banks established his reputation as 'new sheriff of Wall Street' and thorn in side of financial industry. Read more..

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

Epix Joining the World of Scripted TV With Two Original Series

Premium television network Epix announces it is joining competition in world of scripted television series with two original offerings: Graves, a half-hour comedy and Berlin Station, a one-hour spy thriller. Read more..

By EMILY STEEL - The New York Times

Fed Minutes Show Policy Makers Lean Toward a Rate Rise After June

Minutes from Federal Reserve's policy-making meeting in April show officials are leaning toward benchmark interest rate increase after June; attribute slow start to economy to cold winter and West Coast port disruptions, and generally forecast a rebound. Read more..

By BINYAMIN APPELBAUM - The New York Times

Guilty Pleas and Heavy Fines Seem to Be Cost of Business for Wall St.

Even as big banks pay millions in penalties in various financial cases, it seems as if the same cast of corporate characters keeps reappearing. Read more..

By PETER J. HENNING - The New York Times

Members of Congress Ask for Review of Dropped Espionage Case

In a letter to Attorney General Loretta E. Lynch, 22 members of Congress are asking if race played a role in the investigation of a Chinese-American hydrologist accused of spying for China. Read more..

By NICOLE PERLROTH - The New York Times

No Reduced Bail for ‘Flash Crash’ Trader

London Judge Ross Cranston denies appeal by futures trader Navinder Singh Sarao to reduce his bail after being accused of helping cause stock market 'flash crash' in 2010. Read more..

By JENNY ANDERSON - The New York Times

Students and Money, in Their Own Words

Each year, we put out a call for college application essays about money, work and social class. This year, we picked seven — about pizza, parental sacrifice, prep school students, discrimination and deprivation. Read more..

Compiled by RON LIEBER - The New York Times

Video Feature: As California Thirsts, These Apps Help Save Water

Kit Eaton App Smart examines apps that help people learn about and reduce their home water consumption. Read more..

By KIT EATON - The New York Times

What to Make of the Topsy-Turvy Bond Market

Volatility in a normally calm sector is a sign that the number of players in the market responding to prices in an economically rational way is small. Read more..

By NEIL IRWIN - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
AT&T Inc. T 34.55 35.22 34.52 35.07 41.6M
General Electric GE 27.68 27.79 27.55 27.72 40.3M
Apple AAPL 130.07 131.63 129.83 131.39 39.7M
Microsoft MSFT 47.28 47.60 47.01 47.42 22.4M
Intel INTC 33.21 33.56 33.07 33.55 21.3M
Cisco Systems CSCO 29.61 29.77 29.43 29.43 20.8M
Comcast CMCSA 57.56 58.20 57.44 57.54 18.9M
Pfizer PFE 34.23 34.49 34.21 34.36 18.1M
General Motors GM 35.00 35.66 35.00 35.58 16M
Verizon Communications VZ 49.68 50.10 49.67 49.90 15.7M
Wells Fargo & Co. WFC 55.91 56.18 55.83 56.01 13.5M
Facebook FB 80.19 80.92 80.08 80.48 13.4M
HP Inc. HPQ 33.10 33.94 33.02 33.83 13.4M
JPMorgan Chase JPM 66.14 66.68 66.01 66.65 12.9M
Coca-Cola KO 41.26 41.32 41.07 41.23 9.27M
Gilead Sciences GILD 109.90 111.47 109.81 111.22 8.37M
ExxonMobil XOM 87.28 87.44 86.96 87.21 8.36M
Merck MRK 60.55 60.79 60.09 60.10 8.04M
Oracle Corp. ORCL 44.22 44.45 43.95 44.28 8.04M
Johnson & Johnson JNJ 102.91 103.30 102.34 102.42 6.88M
Wal-Mart Stores WMT 75.80 76.42 75.56 76.11 6.76M
Altria MO 51.84 51.84 51.22 51.64 6.58M
Chevron CVX 105.97 106.27 105.30 105.49 6.55M
Visa V 69.55 69.87 69.28 69.37 6.48M
Procter & Gamble PG 80.17 80.58 79.84 80.41 6.06M
ConocoPhillips COP 65.13 65.75 64.87 65.58 6.05M
Union Pacific UNP 102.99 105.65 102.62 104.96 5.94M
Schlumberger SLB 91.36 92.67 90.78 92.03 5.12M
Walt Disney & Co. DIS 110.04 110.64 109.90 110.39 4.88M
McDonald's MCD 99.89 99.96 99.06 99.28 4.73M
Home Depot HD 111.98 112.33 111.62 112.01 4.24M
Abbott Laboratories ABT 49.06 49.43 48.90 49.34 4.19M
Amazon AMZN 428.00 436.90 428.00 431.63 4.12M
Bristol-Myers Squibb BMY 68.94 69.01 68.46 68.89 3.99M
Pepsico PEP 97.40 97.79 96.90 97.20 3.41M
UnitedHealth Group UNH 120.76 120.84 120.05 120.46 2.98M
Boeing BA 146.56 147.71 146.10 147.35 2.68M
3M MMM 161.90 162.35 161.80 162.06 2.4M
International Business Machines IBM 173.32 174.14 173.04 173.34 2.3M
Berkshire Hathaway BRK.B 145.60 145.93 145.16 145.27 2.29M
Amgen AMGN 163.52 164.73 162.82 163.84 2.16M
United Technologies UTX 118.81 119.66 118.70 119.12 2.12M
Alphabet GOOGL 550.20 557.61 549.30 556.81 1.71M
Exchange Rates of May 21, 2015
CurrenciesExchange Rates
US Dollar Euro 1 USD = 0.900 EUR 1 EUR = 1.111 USD
US Dollar Japanese Yen 1 USD = 121.059 JPY 1 JPY = 0.008 USD
US Dollar Pound Sterling 1 USD = 0.639 GBP 1 GBP = 1.566 USD
US Dollar Australian Dollar 1 USD = 1.266 AUD 1 AUD = 0.790 USD
US Dollar Canadian Dollar 1 USD = 1.220 CAD 1 CAD = 0.820 USD
US Dollar Swiss Franc 1 USD = 0.937 CHF 1 CHF = 1.067 USD
US Dollar Chinese Yuan 1 USD = 6.197 CNY 1 CNY = 0.161 USD
US Dollar Mexican Peso 1 USD = 15.220 MXN 1 MXN = 0.066 USD
US Dollar Swidish Krona 1 USD = 8.339 SEK 1 SEK = 0.120 USD
Euro Japanese Yen 1 EUR = 134.471 JPY 1 JPY = 0.007 EUR
Euro Pound Sterling 1 EUR = 0.709 GBP 1 GBP = 1.410 EUR
Euro Australian Dollar 1 EUR = 1.407 AUD 1 AUD = 0.711 EUR
Euro Canadian Dollar 1 EUR = 1.355 CAD 1 CAD = 0.738 EUR
Euro Swiss Franc 1 EUR = 1.041 CHF 1 CHF = 0.961 EUR
Euro Chinese Yuan 1 EUR = 6.881 CNY 1 CNY = 0.145 EUR
Euro Mexican Peso 1 EUR = 16.906 MXN 1 MXN = 0.059 EUR
Euro Swidish Krona 1 EUR = 9.263 SEK 1 SEK = 0.108 EUR
Japanese Yen Pound Sterling 1 JPY = 0.005 GBP 1 GBP = 188.679 JPY
Japanese Yen Australian Dollar 1 JPY = 0.011 AUD 1 AUD = 95.238 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.010 CAD 1 CAD = 99.010 JPY
Japanese Yen Swiss Franc 1 JPY = 0.008 CHF 1 CHF = 129.870 JPY
Japanese Yen Chinese Yuan 1 JPY = 0.051 CNY 1 CNY = 19.569 JPY
Japanese Yen Mexican Peso 1 JPY = 0.126 MXN 1 MXN = 7.955 JPY
Japanese Yen Swidish Krona 1 JPY = 0.069 SEK 1 SEK = 14.535 JPY
Pound Sterling Australian Dollar 1 GBP = 1.983 AUD 1 AUD = 0.504 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.911 CAD 1 CAD = 0.523 GBP
Pound Sterling Swiss Franc 1 GBP = 1.467 CHF 1 CHF = 0.682 GBP
Pound Sterling Chinese Yuan 1 GBP = 9.702 CNY 1 CNY = 0.103 GBP
Pound Sterling Mexican Peso 1 GBP = 23.832 MXN 1 MXN = 0.042 GBP
Pound Sterling Swidish Krona 1 GBP = 13.054 SEK 1 SEK = 0.077 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.963 CAD 1 CAD = 1.038 AUD
Australian Dollar Swiss Franc 1 AUD = 0.740 CHF 1 CHF = 1.352 AUD
Australian Dollar Chinese Yuan 1 AUD = 4.891 CNY 1 CNY = 0.204 AUD
Australian Dollar Mexican Peso 1 AUD = 12.020 MXN 1 MXN = 0.083 AUD
Australian Dollar Swidish Krona 1 AUD = 6.583 SEK 1 SEK = 0.152 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.768 CHF 1 CHF = 1.303 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5.078 CNY 1 CNY = 0.197 CAD
Canadian Dollar Mexican Peso 1 CAD = 12.477 MXN 1 MXN = 0.080 CAD
Canadian Dollar Swidish Krona 1 CAD = 6.832 SEK 1 SEK = 0.146 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.611 CNY 1 CNY = 0.151 CHF
Swiss Franc Mexican Peso 1 CHF = 16.240 MXN 1 MXN = 0.062 CHF
Swiss Franc Swidish Krona 1 CHF = 8.898 SEK 1 SEK = 0.112 CHF
Chinese Yuan Swidish Krona 1 CNY = 1.340 SEK 1 SEK = 0.746 CNY

See what else happened on May 21, 2015