Financial news on October 21, 2014

Business and Financial news
After JPMorgan Chase Breach, Push to Close Wall St. Security Gaps

Regulators are said to be discussing how to improve a critical area of cybersecurity: outside vendors, including law, accounting and marketing firms and even janitorial companies. Read more..

By JESSICA SILVER-GREENBERG and MATTHEW GOLDSTEIN - The New York Times

As Apple Pay Arrives, Witnessing the Next Step in Money. Maybe.

Apple Pay, tech giant's new e-commerce product, can be used only through most recently released iPhone 6 and 6Plus; commerce experts say they think the involvement of Apple could be the impetus that moves mainstream consumers to digital payments. Read more..

By MIKE ISAAC - The New York Times

Brazil's First I.P.O. for 2014 Ends First Day Up Slightly

A veterinary medicine company, Ouro Fino Saúde Animal Participações, made its debut on Tuesday amid a weak economy and political uncertainty in Brazil. Read more..

By VINOD SREEHARSHA - The New York Times

Hoverboard? Still in the Future

For the last 25 years, inventors like garage tinkerers, physics professors and engineers have been trying to make a hovering skateboard. Read more..

By CONOR DOUGHERTY - The New York Times

Spotify Introduces a Family Discount for Music Streaming

The streaming service, which sells online access to 20 million songs, will let subscribers add up to four accounts at half the usual price. Read more..

By BEN SISARIO - The New York Times

To Limit Risks as It Enters China, Costco Works With Alibaba

By selling directly to consumers on Alibaba's platform, the American retailer aims to employ local knowledge to avoid missteps that plagued Walmart in China. Read more..

By NANDITA BOSE | REUTERS - The New York Times

Unity on Eurozone Growth Eludes Germany and France

Top French and German finance and economy ministers, meeting in Berlin, agree only to come up with economic proposals by Dec 1; with concern rising that eurozone is slipping into recession, expectations had been high that leaders might reach grand bargain. Read more..

By JACK EWING and LIZ ALDERMAN - The New York Times

Used-Car Auctioneer BCA Marketplace Calls Off London I.P.O.

The British company BCA Marketplace, which is backed by the private equity firm Clayton, Dubilier & Rice, is the latest European company to delay or withdraw its plans to go public. Read more..

By CHAD BRAY - The New York Times

Verizon Reports Higher Profit During a Price-Cutting War

Amid a price-cutting war in the American wireless industry, the Verizon juggernaut keeps growing, even though its prices are generally higher. Read more..

By BRIAN X. CHEN - The New York Times

Weak Results at IBM as Its Strategy Shifts

International Business Machines Corporation reports surprisingly weak third-quarter profit of $18 million, or 2 cents a share; revenue falls 4 percent to $22.4 billion; chief executive Virginia M Rometty calls results disappointing as firm says it will pay $1.5 billion to shed ts chip-making unit and shift strategy toward cloud computing. Read more..

By STEVE LOHR - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Apple AAPL 103,02 103,02 101,27 102,47 94.6M
Coca-Cola KO 40,80 41,19 40,26 40,68 56M
Pfizer PFE 28,12 28,52 28,00 28,28 36.5M
Microsoft MSFT 44,36 44,98 44,19 44,88 36.4M
Cisco Systems CSCO 23,10 23,60 22,96 23,51 33.7M
Intel INTC 31,67 32,62 31,58 32,61 33.3M
Facebook FB 77,56 78,74 77,15 78,69 32.3M
General Electric GE 25,27 25,53 25,13 25,45 31.7M
Comcast CMCSA 51,68 52,78 51,62 52,19 28.1M
Verizon Communications VZ 48,09 48,85 47,95 48,69 22.6M
AT&T Inc. T 34,27 34,66 34,09 34,62 21.8M
International Business Machines IBM 166,40 166,68 161,68 163,23 21M
Wells Fargo & Co. WFC 49,63 50,58 49,57 50,45 17.7M
Merck MRK 54,57 55,28 54,32 55,13 17.3M
ExxonMobil XOM 92,86 94,03 92,36 93,65 15.8M
Oracle Corp. ORCL 38,29 38,47 38,04 38,35 15.4M
JPMorgan Chase JPM 57,23 58,01 57,08 57,93 14M
General Motors GM 30,50 31,07 30,32 30,84 12.6M
United Technologies UTX 104,12 104,15 100,68 101,98 12.6M
Procter & Gamble PG 84,47 84,64 83,66 84,61 12.4M
Gilead Sciences GILD 104,05 106,67 103,46 106,67 12.3M
HP Inc. HPQ 34,27 34,82 34,18 34,74 12.1M
McDonald's MCD 89,95 91,45 89,70 91,01 11.4M
Schlumberger SLB 96,96 97,75 95,67 97,75 9.19M
Walt Disney & Co. DIS 86,32 87,68 86,25 87,54 9.17M
ConocoPhillips COP 70,07 70,84 69,65 70,59 9M
Amgen AMGN 138,49 145,49 137,01 144,09 8.95M
Chevron CVX 113,18 115,17 112,91 115,09 8.9M
Wal-Mart Stores WMT 75,18 76,20 75,01 76,02 8.3M
Johnson & Johnson JNJ 99,83 100,38 99,34 100,36 7.29M
Pepsico PEP 93,26 93,96 92,17 93,73 6.98M
Bristol-Myers Squibb BMY 51,01 52,11 50,76 51,95 6.77M
Home Depot HD 92,53 94,37 92,12 94,20 6.61M
UnitedHealth Group UNH 89,16 91,08 88,85 90,95 5.88M
Altria MO 46,54 47,03 46,21 47,02 5.62M
Abbott Laboratories ABT 41,91 42,43 41,75 42,39 5.35M
Boeing BA 125,21 127,24 124,93 127,12 5.21M
Berkshire Hathaway BRK.B 138,07 138,98 137,35 138,97 4.18M
Union Pacific UNP 107,29 108,92 107,14 108,86 3.93M
Amazon AMZN 309,90 315,64 307,07 315,33 3.56M
Visa V 209,78 213,38 207,90 213,31 3.25M
3M MMM 138,40 141,10 138,34 140,93 3.08M
Alphabet GOOGL 537,27 538,77 530,20 538,03 2.46M
Exchange Rates of October 21, 2014
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 107,080 JPY 1 JPY = 0,009 USD
US Dollar Canadian Dollar 1 USD = 1,123 CAD 1 CAD = 0,891 USD
US Dollar Swiss Franc 1 USD = 0,949 CHF 1 CHF = 1,053 USD
US Dollar Chinese Yuan 1 USD = 6,121 CNY 1 CNY = 0,163 USD
Euro Japanese Yen 1 EUR = 136,120 JPY 1 JPY = 0,007 EUR
Euro Pound Sterling 1 EUR = 0,789 GBP 1 GBP = 1,268 EUR
Euro Australian Dollar 1 EUR = 1,448 AUD 1 AUD = 0,691 EUR
Euro Canadian Dollar 1 EUR = 1,427 CAD 1 CAD = 0,701 EUR
Euro Swiss Franc 1 EUR = 1,207 CHF 1 CHF = 0,829 EUR
Euro Chinese Yuan 1 EUR = 7,781 CNY 1 CNY = 0,129 EUR
Japanese Yen Pound Sterling 1 JPY = 0,579 GBP 1 GBP = 1,727 JPY
Japanese Yen Australian Dollar 1 JPY = 1,063 AUD 1 AUD = 0,941 JPY
Japanese Yen Canadian Dollar 1 JPY = 1,048 CAD 1 CAD = 0,954 JPY
Japanese Yen Swiss Franc 1 JPY = 0,886 CHF 1 CHF = 1,128 JPY
Pound Sterling Australian Dollar 1 GBP = 1,836 AUD 1 AUD = 0,545 GBP
Pound Sterling Canadian Dollar 1 GBP = 1,809 CAD 1 CAD = 0,553 GBP
Pound Sterling Swiss Franc 1 GBP = 1,530 CHF 1 CHF = 0,654 GBP
Pound Sterling Chinese Yuan 1 GBP = 9,865 CNY 1 CNY = 0,101 GBP
Australian Dollar Canadian Dollar 1 AUD = 0,986 CAD 1 CAD = 1,015 AUD
Australian Dollar Swiss Franc 1 AUD = 0,833 CHF 1 CHF = 1,200 AUD
Australian Dollar Chinese Yuan 1 AUD = 5,374 CNY 1 CNY = 0,186 AUD
Canadian Dollar Swiss Franc 1 CAD = 0,846 CHF 1 CHF = 1,183 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5,452 CNY 1 CNY = 0,183 CAD
Swiss Franc Chinese Yuan 1 CHF = 6,447 CNY 1 CNY = 0,155 CHF

See what else happened on October 21, 2014