Financial news on May 22, 2014

Business and Financial news
A Green Thumb on the Touch Screen

Kit Eaton App Smart column compares mobile applications that aid gardeners; notes that humor and wide appeal of mobile game Thomas Was Alone have made it a huge success. Read more..

By KIT EATON - The New York Times

A Survival Course for the Leaders of Companies in Pain

You're the Boss blog; Aileron, nonproft that initially sought to help businesses in Dayton, Ohio, has been attracting business owners from around the country and the world with its two-day seminars; company founder Clay Mathile started company to help other business owners avoid ten-year learning curve he experienced when he took over Iams pet food company. Read more..

By LOREN FELDMAN - The New York Times

China’s Global Search for Energy

China has an insatiable appetite for energy and it has made deals with nations like Russia, Iraq, Nigeria, Ecuador and Venezuela to keep its people warm and the lights on. Read more..

By CLIFFORD KRAUSS and KEITH BRADSHER - The New York Times

EBay Urges New Passwords After Breach

EBay says hackers have infiltrated the online marketplace, gaining access to personal data of 145 million customers; it is the latest prominent breach of a company's computer network. Read more..

By NICOLE PERLROTH - The New York Times

Frieze Art Fair Brings Auto-Themed Displays to New York

Works of audio art played in BMWs, Jaguar-inspired art and an interactive Bentley display were among the attractions at this year’s fair. Read more..

By PHIL PATTON - The New York Times

Grocery Deliveries in Sharing Economy

Farhad Manjoo State of the Art column examines Instacart, two-year-old grocery delivery start-up that matches independent contractors good at grocery shopping with customers too busy to shop for themselves; notes service differs from other grocery delivery services in a way that could redefine the future of labor; says company's success suggests that technology might create new labor opportunities for people who have not acquired formal credentials or skills. Read more..

By FARHAD MANJOO - The New York Times

How to Censor a PDF File

Personal Tech Q&A column on censoring files scanned to PDF; eliminating duplicate songs in an iTunes library; Tip of the Week on new Twitter feature for muting some of the people one follows. Read more..

By J. D. BIERSDORFER - The New York Times

Legislation to Protect Against ‘Patent Trolls’ Is Shelved

Bill protecting companies against so-called patent trolls is removed from Senate Judiciary Committee's agenda, rendering a yearlong effort to pass bill all but dead. Read more..

By EDWARD WYATT - The New York Times

Offering Brighter Outlook, Japan’s Central Bank Holds on Stimulus

The governor of the Bank of Japan reiterated his optimism that the country is on course to meet the bank’s 2 percent inflation target. Read more..

By REUTERS - The New York Times

Still Hurt by Data Breach and Losses in Canada, Target Lowers Forecast

Target reports that its profit fell 16 percent in the first quarter of fiscal year from same period in 2013, to $418 million; sales increased 2.1 percent; adjusted earnings per share were 70 cents, below analyst expectations and down from 82 cents in 2013; retailer lowers its profit outlook for the full year. Read more..

By ELIZABETH A. HARRIS - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Facebook FB 60.94 61.48 60.40 60.52 54.2M
HP Inc. HPQ 32.45 33.36 31.21 31.78 32.5M
Cisco Systems CSCO 24.42 24.54 24.29 24.38 26.8M
Pfizer PFE 29.56 29.87 29.55 29.66 21.5M
Microsoft MSFT 40.29 40.35 39.85 40.10 20.2M
AT&T Inc. T 35.32 35.50 35.25 35.38 18M
Intel INTC 26.21 26.27 26.08 26.15 15.9M
General Electric GE 26.42 26.57 26.31 26.51 15.6M
Verizon Communications VZ 49.30 49.51 49.25 49.45 13.8M
Oracle Corp. ORCL 41.60 41.94 41.51 41.52 12.3M
Wells Fargo & Co. WFC 49.68 50.04 49.60 49.99 12.2M
JPMorgan Chase JPM 54.17 54.60 54.02 54.55 11.8M
Comcast CMCSA 51.27 51.99 51.24 51.70 11.2M
Gilead Sciences GILD 81.63 83.70 81.56 82.90 10.9M
Coca-Cola KO 40.77 40.84 40.53 40.58 8.43M
General Motors GM 33.39 33.70 33.31 33.42 8.43M
Altria MO 40.59 40.99 40.43 40.68 8.39M
Bristol-Myers Squibb BMY 48.58 49.24 48.43 48.80 8.12M
Merck MRK 56.40 56.78 56.04 56.49 7.18M
Apple AAPL 606.60 609.85 604.10 607.27 7.17M
Procter & Gamble PG 80.37 80.67 80.05 80.65 5.56M
ExxonMobil XOM 101.81 101.97 101.47 101.50 5.3M
Home Depot HD 77.76 79.05 77.76 78.78 5.27M
Wal-Mart Stores WMT 75.79 75.92 75.24 75.39 5.24M
Johnson & Johnson JNJ 100.58 101.01 100.08 100.96 5.12M
Walt Disney & Co. DIS 82.19 82.79 82.04 82.35 4.65M
Visa V 210.13 210.28 208.70 209.37 4.22M
Abbott Laboratories ABT 39.47 39.77 39.24 39.65 3.8M
Schlumberger SLB 101.45 101.96 101.21 101.60 3.76M
ConocoPhillips COP 78.40 78.75 78.14 78.46 3.51M
McDonald's MCD 102.65 102.98 102.23 102.45 3.38M
Chevron CVX 124.10 124.41 123.56 123.63 3.26M
UnitedHealth Group UNH 77.71 78.63 77.63 78.34 3.15M
Pepsico PEP 86.06 86.10 85.40 85.58 2.97M
Amgen AMGN 113.18 115.59 113.01 114.86 2.58M
Amazon AMZN 305.05 308.54 303.01 304.91 2.58M
Boeing BA 131.66 132.48 131.27 131.84 2.37M
International Business Machines IBM 186.45 186.45 185.03 185.68 2.22M
United Technologies UTX 114.47 115.51 114.28 115.04 2.18M
Alphabet GOOGL 552.20 557.96 551.00 555.45 2.15M
3M MMM 140.71 140.96 140.26 140.31 1.55M
Berkshire Hathaway BRK.B 126.95 127.15 126.53 126.98 1.55M
Union Pacific UNP 195.00 195.94 193.97 195.30 1.17M
Exchange Rates of May 22, 2014
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 101.750 JPY 1 JPY = 0.010 USD
US Dollar Canadian Dollar 1 USD = 1.089 CAD 1 CAD = 0.918 USD
US Dollar Swiss Franc 1 USD = 0.894 CHF 1 CHF = 1.119 USD
US Dollar Chinese Yuan 1 USD = 6.235 CNY 1 CNY = 0.160 USD
Euro Japanese Yen 1 EUR = 138.940 JPY 1 JPY = 0.007 EUR
Euro Pound Sterling 1 EUR = 0.810 GBP 1 GBP = 1.235 EUR
Euro Australian Dollar 1 EUR = 1.480 AUD 1 AUD = 0.676 EUR
Euro Canadian Dollar 1 EUR = 1.487 CAD 1 CAD = 0.672 EUR
Euro Swiss Franc 1 EUR = 1.221 CHF 1 CHF = 0.819 EUR
Euro Chinese Yuan 1 EUR = 8.514 CNY 1 CNY = 0.117 EUR
Japanese Yen Pound Sterling 1 JPY = 0.582 GBP 1 GBP = 1.717 JPY
Japanese Yen Australian Dollar 1 JPY = 1.065 AUD 1 AUD = 0.939 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.070 CAD 1 CAD = 0.934 JPY
Japanese Yen Swiss Franc 1 JPY = 0.879 CHF 1 CHF = 1.138 JPY
Pound Sterling Australian Dollar 1 GBP = 1.829 AUD 1 AUD = 0.547 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.837 CAD 1 CAD = 0.544 GBP
Pound Sterling Swiss Franc 1 GBP = 1.508 CHF 1 CHF = 0.663 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.517 CNY 1 CNY = 0.095 GBP
Australian Dollar Canadian Dollar 1 AUD = 1.005 CAD 1 CAD = 0.995 AUD
Australian Dollar Swiss Franc 1 AUD = 0.825 CHF 1 CHF = 1.213 AUD
Australian Dollar Chinese Yuan 1 AUD = 5.755 CNY 1 CNY = 0.174 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.821 CHF 1 CHF = 1.218 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5.724 CNY 1 CNY = 0.175 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.972 CNY 1 CNY = 0.143 CHF

See what else happened on May 22, 2014