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..


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

StockTicker symbolOpenHighLowCloseVolume
HP Inc.HPQ32,4533,3631,2131,7832.5M
Cisco SystemsCSCO24,4224,5424,2924,3826.8M
AT&T Inc.T35,3235,5035,2535,3818M
General ElectricGE26,4226,5726,3126,5115.6M
Verizon CommunicationsVZ49,3049,5149,2549,4513.8M
Oracle Corp.ORCL41,6041,9441,5141,5212.3M
Wells Fargo & Co.WFC49,6850,0449,6049,9912.2M
JPMorgan ChaseJPM54,1754,6054,0254,5511.8M
Gilead SciencesGILD81,6383,7081,5682,9010.9M
General MotorsGM33,3933,7033,3133,428.43M
Bristol-Myers SquibbBMY48,5849,2448,4348,808.12M
Procter & GamblePG80,3780,6780,0580,655.56M
Home DepotHD77,7679,0577,7678,785.27M
Wal-Mart StoresWMT75,7975,9275,2475,395.24M
Johnson & JohnsonJNJ100,58101,01100,08100,965.12M
Walt Disney & Co.DIS82,1982,7982,0482,354.65M
Abbott LaboratoriesABT39,4739,7739,2439,653.8M
UnitedHealth GroupUNH77,7178,6377,6378,343.15M
International Business MachinesIBM186,45186,45185,03185,682.22M
United TechnologiesUTX114,47115,51114,28115,042.18M
Berkshire HathawayBRK.B126,95127,15126,53126,981.55M
Union PacificUNP195,00195,94193,97195,301.17M
Exchange Rates of May 22, 2014
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 101,750 JPY1 JPY = 0,010 USD
US DollarCanadian Dollar1 USD = 1,089 CAD1 CAD = 0,918 USD
US DollarSwiss Franc1 USD = 0,894 CHF1 CHF = 1,119 USD
US DollarChinese Yuan1 USD = 6,235 CNY1 CNY = 0,160 USD
EuroJapanese Yen1 EUR = 138,940 JPY1 JPY = 0,007 EUR
EuroPound Sterling1 EUR = 0,810 GBP1 GBP = 1,235 EUR
EuroAustralian Dollar1 EUR = 1,480 AUD1 AUD = 0,676 EUR
EuroCanadian Dollar1 EUR = 1,487 CAD1 CAD = 0,672 EUR
EuroSwiss Franc1 EUR = 1,221 CHF1 CHF = 0,819 EUR
EuroChinese Yuan1 EUR = 8,514 CNY1 CNY = 0,117 EUR
Japanese YenPound Sterling1 JPY = 0,582 GBP1 GBP = 1,717 JPY
Japanese YenAustralian Dollar1 JPY = 1,065 AUD1 AUD = 0,939 JPY
Japanese YenCanadian Dollar1 JPY = 1,070 CAD1 CAD = 0,934 JPY
Japanese YenSwiss Franc1 JPY = 0,879 CHF1 CHF = 1,138 JPY
Pound SterlingAustralian Dollar1 GBP = 1,829 AUD1 AUD = 0,547 GBP
Pound SterlingCanadian Dollar1 GBP = 1,837 CAD1 CAD = 0,544 GBP
Pound SterlingSwiss Franc1 GBP = 1,508 CHF1 CHF = 0,663 GBP
Pound SterlingChinese Yuan1 GBP = 10,517 CNY1 CNY = 0,095 GBP
Australian DollarCanadian Dollar1 AUD = 1,005 CAD1 CAD = 0,995 AUD
Australian DollarSwiss Franc1 AUD = 0,825 CHF1 CHF = 1,213 AUD
Australian DollarChinese Yuan1 AUD = 5,755 CNY1 CNY = 0,174 AUD
Canadian DollarSwiss Franc1 CAD = 0,821 CHF1 CHF = 1,218 CAD
Canadian DollarChinese Yuan1 CAD = 5,724 CNY1 CNY = 0,175 CAD
Swiss FrancChinese Yuan1 CHF = 6,972 CNY1 CNY = 0,143 CHF

See what else happened on May 22, 2014