Financial news on May 22, 2015

Business and Financial news
Daily Report: Bringing Women Into Tech

A new prize aims to recognize colleges that succeed in attracting women into information technology, a field where they remain underrepresented. Read more..

By THE NEW YORK TIMES - The New York Times

Food Companies Fear Bird Flu May Cause Egg Shortages

Major food companies and restaurant chains are preparing for shortage of eggs due to effects of avian flu on egg-laying hens in United States; Agriculture Dept has reported that around 87 percent of birds affected by disease are laying hens. Read more..

By STEPHANIE STROM - The New York Times

Heads of Deutsche Bank Try to Assuage Shareholders

DealBook Online; Deutsche Bank supervisory board gives co-chief executive Anshu Jain direct responsibility for reorganization plan geared toward saving money and increasing profit to at least 10 percent of capital invested. Read more..

By JACK EWING - The New York Times

Hewlett-Packard Reports Drop in Profit and Sales

Hewlett-Packard reports fiscal second quarter net income of $1 billion, fall of 21 percent from year earlier, and revenue of $25.5 billion, decline of 7 percent; chief executive Meg Whitman tells investors figures suggest support for decision to split HP into two companies. Read more..

By BRIAN X. CHEN - The New York Times

Lumber Liquidators Chief Robert Lynch Resigns

Lumber Liquidators announces unexpected resignation of chief executive and president Robert M Lynch and says founder Thomas D Sullivan will be acting chief executive; company is facing accusations of selling products that contained dangerous levels of formaldehyde. Read more..

By RACHEL ABRAMS - The New York Times

Overvalued in Silicon Valley, but Don’t Say ‘Tech Bubble’

The tech industry’s venture capitalists admit to a certain amount of “frothiness” in start-up investments, but they studiously avoid another word. Bubble. Read more..

By CONOR DOUGHERTY - The New York Times

Patchwork Oversight Allows Dubious Charities to Operate

Efforts to tighten oversight of charities have largely failed because of regulatory indifference, political lobbying or lack of political will. Read more..

By BARRY MEIER and REBECCA R. RUIZ - The New York Times

Private Equity Executive to Be Released From Uruguay Prison

Uruguay's Supreme Court announces that Matias Campiani, former chief executive of Leadgate, will be released after being held in prison for over year without facing charges; Leadgate took control of national airline Pluna in 2007, only to return control to government in 2012; Campiani was arrested along with his partners in 2013 on accusations of fraud relating to management of Pluna. Read more..

By DAVID GELLES and CHARLES NEWBERY - The New York Times

Slow and Steady

Freestyling with Peter Wentz. Read more..

By DEB AMLEN - The New York Times

Video Review: The Honda CR-V Gets a Little Brother, the HR-V

Driven column review of Honda HR-V compact crossover. Read more..

By TOM VOELK - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Apple AAPL 131.60 132.97 131.40 132.54 45.6M
HP Inc. HPQ 34.27 35.60 34.26 34.76 28.6M
AT&T Inc. T 34.89 35.03 34.62 34.71 26.3M
Microsoft MSFT 47.30 47.35 46.82 46.90 25.7M
General Electric GE 27.69 27.78 27.62 27.68 23.3M
Intel INTC 33.47 33.51 33.32 33.45 20.8M
Cisco Systems CSCO 29.39 29.45 29.26 29.26 20.1M
Facebook FB 80.35 81.31 80.25 80.54 19.6M
Pfizer PFE 34.32 34.49 34.23 34.28 13M
Verizon Communications VZ 49.76 49.89 49.58 49.61 12.3M
Gilead Sciences GILD 110.70 112.66 110.70 111.71 12.1M
Comcast CMCSA 57.54 58.12 57.41 57.87 12M
Coca-Cola KO 41.12 41.24 41.04 41.21 11.9M
General Motors GM 35.52 35.74 35.42 35.70 9.65M
JPMorgan Chase JPM 66.63 66.83 66.32 66.47 9.3M
Merck MRK 60.07 60.07 59.34 59.38 8.99M
Wells Fargo & Co. WFC 56.04 56.23 55.99 56.00 8.57M
ExxonMobil XOM 86.99 87.10 86.50 86.52 7.6M
Oracle Corp. ORCL 44.20 44.27 43.88 43.93 7.48M
Wal-Mart Stores WMT 76.20 76.38 75.86 75.86 6.82M
Johnson & Johnson JNJ 102.27 102.41 101.33 101.35 6.22M
Procter & Gamble PG 80.24 80.40 79.92 79.95 6M
Chevron CVX 105.09 105.55 104.86 104.89 4.72M
McDonald's MCD 99.15 99.48 98.84 98.99 4.56M
Visa V 69.30 69.85 69.30 69.62 4.51M
Bristol-Myers Squibb BMY 68.73 68.73 68.20 68.30 4.42M
Walt Disney & Co. DIS 110.30 110.90 110.12 110.26 4.27M
Altria MO 51.50 51.57 51.20 51.23 4.14M
Schlumberger SLB 91.46 92.35 90.77 92.02 4.1M
Union Pacific UNP 104.57 104.80 104.04 104.20 4.03M
Boeing BA 147.26 147.27 144.80 144.81 3.88M
ConocoPhillips COP 65.04 65.66 64.90 65.11 3.8M
Home Depot HD 111.87 112.53 111.46 112.16 3.69M
Abbott Laboratories ABT 49.10 49.43 48.91 49.03 3.45M
Pepsico PEP 97.21 97.21 96.23 96.26 3.31M
UnitedHealth Group UNH 120.30 120.78 119.14 119.59 2.95M
International Business Machines IBM 173.04 173.39 172.19 172.22 2.85M
United Technologies UTX 119.00 119.66 118.55 118.62 2.39M
Berkshire Hathaway BRK.B 145.10 145.27 144.53 144.60 2.19M
Amazon AMZN 431.55 432.44 427.61 427.63 2.02M
3M MMM 161.99 162.33 160.66 160.98 1.82M
Amgen AMGN 163.58 164.57 163.03 163.58 1.64M
Alphabet GOOGL 554.46 558.24 553.62 554.52 1.21M
Exchange Rates of May 22, 2015
CurrenciesExchange Rates
US Dollar Euro 1 USD = 0.908 EUR 1 EUR = 1.102 USD
US Dollar Japanese Yen 1 USD = 121.500 JPY 1 JPY = 0.008 USD
US Dollar Pound Sterling 1 USD = 0.646 GBP 1 GBP = 1.548 USD
US Dollar Australian Dollar 1 USD = 1.276 AUD 1 AUD = 0.784 USD
US Dollar Canadian Dollar 1 USD = 1.228 CAD 1 CAD = 0.814 USD
US Dollar Swiss Franc 1 USD = 0.943 CHF 1 CHF = 1.060 USD
US Dollar Chinese Yuan 1 USD = 6.197 CNY 1 CNY = 0.161 USD
US Dollar Mexican Peso 1 USD = 15.270 MXN 1 MXN = 0.065 USD
US Dollar Swidish Krona 1 USD = 8.375 SEK 1 SEK = 0.119 USD
Euro Japanese Yen 1 EUR = 133.770 JPY 1 JPY = 0.007 EUR
Euro Pound Sterling 1 EUR = 0.711 GBP 1 GBP = 1.407 EUR
Euro Australian Dollar 1 EUR = 1.402 AUD 1 AUD = 0.714 EUR
Euro Canadian Dollar 1 EUR = 1.350 CAD 1 CAD = 0.741 EUR
Euro Swiss Franc 1 EUR = 1.038 CHF 1 CHF = 0.963 EUR
Euro Chinese Yuan 1 EUR = 6.824 CNY 1 CNY = 0.147 EUR
Euro Mexican Peso 1 EUR = 16.806 MXN 1 MXN = 0.060 EUR
Euro Swidish Krona 1 EUR = 9.221 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 = 128.205 JPY
Japanese Yen Chinese Yuan 1 JPY = 0.051 CNY 1 CNY = 19.646 JPY
Japanese Yen Mexican Peso 1 JPY = 0.126 MXN 1 MXN = 7.962 JPY
Japanese Yen Swidish Krona 1 JPY = 0.068 SEK 1 SEK = 14.620 JPY
Pound Sterling Australian Dollar 1 GBP = 1.976 AUD 1 AUD = 0.506 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.903 CAD 1 CAD = 0.526 GBP
Pound Sterling Swiss Franc 1 GBP = 1.461 CHF 1 CHF = 0.685 GBP
Pound Sterling Chinese Yuan 1 GBP = 9.599 CNY 1 CNY = 0.104 GBP
Pound Sterling Mexican Peso 1 GBP = 23.653 MXN 1 MXN = 0.042 GBP
Pound Sterling Swidish Krona 1 GBP = 12.976 SEK 1 SEK = 0.077 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.961 CAD 1 CAD = 1.041 AUD
Australian Dollar Swiss Franc 1 AUD = 0.737 CHF 1 CHF = 1.356 AUD
Australian Dollar Chinese Yuan 1 AUD = 4.856 CNY 1 CNY = 0.206 AUD
Australian Dollar Mexican Peso 1 AUD = 11.972 MXN 1 MXN = 0.084 AUD
Australian Dollar Swidish Krona 1 AUD = 6.566 SEK 1 SEK = 0.152 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.767 CHF 1 CHF = 1.304 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5.048 CNY 1 CNY = 0.198 CAD
Canadian Dollar Mexican Peso 1 CAD = 12.430 MXN 1 MXN = 0.080 CAD
Canadian Dollar Swidish Krona 1 CAD = 6.817 SEK 1 SEK = 0.147 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.568 CNY 1 CNY = 0.152 CHF
Swiss Franc Mexican Peso 1 CHF = 16.184 MXN 1 MXN = 0.062 CHF
Swiss Franc Swidish Krona 1 CHF = 8.882 SEK 1 SEK = 0.113 CHF
Chinese Yuan Swidish Krona 1 CNY = 1.352 SEK 1 SEK = 0.740 CNY

See what else happened on May 22, 2015