Financial news on October 22, 2014

Business and Financial news
A Teardown Builds Up a Delaware Housing Development

Development in Wilmington, Del, called The Flats, which was built in early 20th century to provide affordable housing for working-class families, is being reconstructed to be larger and more energy-efficient. Read more..

By JON HURDLE - The New York Times

Ben Bradlee, Washington Editor and Watergate Warrior, Dies at 93

Mr. Bradlee, a quintessential newspaper editor, supervised The Washington Post’s exposure of the Watergate scandal that led to the resignation of President Richard M. Nixon. Read more..

By MARILYN BERGER - The New York Times

Bloomberg Hires Joseph Weisenthal, Business Insider’s Executive Editor

Bloomberg names Joseph Weisenthal, executive editor at Business Insider, to lead markets and finance news site and host television show. Read more..

By RAVI SOMAIYA - The New York Times

Daily Report: Yahoo Growing Again, but Strategy Remains Hazy

Strong third-quarter results at Yahoo ended a long pattern of declines. Read more..

By THE NEW YORK TIMES - The New York Times

Daimler Expects $780 Million Gain on Sale of Tesla Motors Stake

The German automaker Daimler, which first took a stake in Tesla in 2009, said it would continue its joint development projects with the company, which makes electric cars. Read more..

By CHAD BRAY - The New York Times

E.U. Banking Watchdog Warns of Legal Breach by Bulgaria

The warning comes after the country’s authorities continued to block depositors’ access to money at a troubled lender. Read more..

By GEORGI KANTCHEV - The New York Times

Few Answers After an Alert on Takata Airbags

Consumers get few answers day after federal safety regulators warned owners of recalled vehicles with defective air bags made by Takata Corp to get them replaced because they could explode; National Highway Traffic Safety Administration site that allows drivers to look up a car by vehicle identification number was not responding, and calls were put on hold. Read more..

By HIROKO TABUCHI and CHRISTOPHER JENSEN - The New York Times

Marissa Mayer Can Report Growth at Yahoo, but Strategy Is No Clearer

Yahoo reports third-quarter revenue of $1.15 billion, increase of 1 percent from year-ago quarter, ending long pattern of declines; strategy of company remains unclear, however. Read more..

By VINDU GOEL - The New York Times

Nelson Bunker Hunt, 88, Oil Tycoon With a Texas-Size Presence, Dies

Nelson Bunker Hunt, Texas oil tycoon who once tried to corner the world’s silver market only to lose most of his fortune when the price collapsed, dies at age 88. Read more..

By ROBERT D. McFADDEN - The New York Times

P.R. Group’s Soul-Searching Leads to Shifts in Strategy

Advertising column; Council of Public Relations Firms plans to adopt an informal name, the PR Council, and promote the benefits of public relations to senior executives of client companies. Read more..

By STUART ELLIOTT - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Apple AAPL 102.84 104.11 102.60 102.99 68.3M
Facebook FB 78.82 79.85 78.01 78.37 41.9M
Microsoft MSFT 45.00 45.07 44.23 44.38 33.6M
Pfizer PFE 28.25 28.49 28.01 28.30 30.7M
General Electric GE 25.34 25.48 25.15 25.19 30M
Coca-Cola KO 40.19 41.11 40.10 40.62 27.7M
Intel INTC 32.66 32.87 32.22 32.27 26.7M
Cisco Systems CSCO 23.67 23.68 23.24 23.26 25.2M
AT&T Inc. T 34.78 34.79 34.38 34.50 24.9M
Comcast CMCSA 52.19 52.60 51.35 51.49 22.4M
Wells Fargo & Co. WFC 50.52 50.69 50.14 50.17 20.1M
General Motors GM 30.61 31.51 30.57 31.31 17.8M
Oracle Corp. ORCL 38.37 38.43 37.58 37.64 16.8M
Boeing BA 127.99 128.00 121.34 121.45 13.8M
Gilead Sciences GILD 106.51 107.00 104.08 106.09 13.8M
JPMorgan Chase JPM 58.04 58.26 57.44 57.45 13.7M
HP Inc. HPQ 34.73 34.90 34.45 34.49 13.4M
Verizon Communications VZ 48.69 48.84 48.26 48.31 13.3M
Merck MRK 55.23 55.86 55.00 55.51 12.9M
ExxonMobil XOM 93.96 94.59 92.98 93.13 12.7M
International Business Machines IBM 162.41 165.41 161.10 161.79 11.1M
ConocoPhillips COP 71.00 71.45 69.38 69.44 9.85M
Procter & Gamble PG 84.06 84.59 83.92 84.23 9.75M
Johnson & Johnson JNJ 101.10 101.79 100.52 101.22 9.36M
Walt Disney & Co. DIS 87.94 88.61 86.98 87.10 9.31M
Schlumberger SLB 98.18 98.66 95.93 95.99 8.32M
Chevron CVX 115.20 116.24 113.91 114.00 7.2M
Abbott Laboratories ABT 42.50 43.03 41.48 41.59 6.99M
McDonald's MCD 90.70 91.51 90.60 90.94 6.45M
Altria MO 47.01 47.62 47.01 47.06 6.45M
Bristol-Myers Squibb BMY 52.01 52.31 51.67 51.84 6.23M
United Technologies UTX 103.11 103.11 101.06 101.18 6.18M
Wal-Mart Stores WMT 76.47 76.66 76.01 76.03 5.93M
Home Depot HD 94.30 94.99 93.24 93.34 5.91M
Union Pacific UNP 108.53 109.12 106.71 106.86 5.5M
Amgen AMGN 143.81 144.41 141.67 143.64 5.22M
Pepsico PEP 93.85 95.02 93.64 94.46 5.15M
3M MMM 140.90 141.09 138.70 138.95 4.29M
UnitedHealth Group UNH 91.44 91.44 89.71 89.77 4.29M
Berkshire Hathaway BRK.B 139.34 139.48 137.60 137.65 4.02M
Amazon AMZN 315.43 318.98 312.64 312.97 3.13M
Alphabet GOOGL 541.05 550.76 540.23 542.69 2.97M
Visa V 213.29 213.95 210.77 210.92 2.76M
Exchange Rates of October 22, 2014
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 107.200 JPY 1 JPY = 0.009 USD
US Dollar Canadian Dollar 1 USD = 1.124 CAD 1 CAD = 0.890 USD
US Dollar Swiss Franc 1 USD = 0.954 CHF 1 CHF = 1.048 USD
US Dollar Chinese Yuan 1 USD = 6.118 CNY 1 CNY = 0.163 USD
Euro Japanese Yen 1 EUR = 135.550 JPY 1 JPY = 0.007 EUR
Euro Pound Sterling 1 EUR = 0.788 GBP 1 GBP = 1.269 EUR
Euro Australian Dollar 1 EUR = 1.443 AUD 1 AUD = 0.693 EUR
Euro Canadian Dollar 1 EUR = 1.421 CAD 1 CAD = 0.704 EUR
Euro Swiss Franc 1 EUR = 1.206 CHF 1 CHF = 0.829 EUR
Euro Chinese Yuan 1 EUR = 7.735 CNY 1 CNY = 0.129 EUR
Japanese Yen Pound Sterling 1 JPY = 0.581 GBP 1 GBP = 1.721 JPY
Japanese Yen Australian Dollar 1 JPY = 1.064 AUD 1 AUD = 0.940 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.048 CAD 1 CAD = 0.954 JPY
Japanese Yen Swiss Franc 1 JPY = 0.890 CHF 1 CHF = 1.124 JPY
Pound Sterling Australian Dollar 1 GBP = 1.831 AUD 1 AUD = 0.546 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.803 CAD 1 CAD = 0.555 GBP
Pound Sterling Swiss Franc 1 GBP = 1.530 CHF 1 CHF = 0.653 GBP
Pound Sterling Chinese Yuan 1 GBP = 9.813 CNY 1 CNY = 0.102 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.985 CAD 1 CAD = 1.015 AUD
Australian Dollar Swiss Franc 1 AUD = 0.836 CHF 1 CHF = 1.196 AUD
Australian Dollar Chinese Yuan 1 AUD = 5.361 CNY 1 CNY = 0.187 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.848 CHF 1 CHF = 1.179 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5.443 CNY 1 CNY = 0.184 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.412 CNY 1 CNY = 0.156 CHF

See what else happened on October 22, 2014