Financial news on May 23, 2014

Business and Financial news
A Ruling's Chilling Effect on Corporate Litigation

A Delaware state court ruling over changes in corporate bylaws that would shift responsibility over legal fees to the losing party is causing quite a stir in the legal profession. Read more..

By STEVEN M. DAVIDOFF - The New York Times

Edward Snowden Talks to Brian Williams of NBC

An extensive interview, the first for American television, will air on Wednesday at 10 p.m. Read more..

By BILL CARTER - The New York Times

Elliott Management Backs Skyscraper Revival

The $24 billion hedge fund run by Paul E. Singer is helping to finance the development of the site of one of Manhattan’s first skyscrapers. Read more..

By ALEXANDRA STEVENSON - The New York Times

Federal Regulators Seek to Stop Sale of Students' Data

ConnectEDU, a college and career planning site that collected student data, has proposed selling information as part of bankruptcy proceedings. Read more..

By NATASHA SINGER - The New York Times

Location Services in Desktop Browsers

Plus, where to find help to change a smartphone battery. Read more..

By J. D. BIERSDORFER - The New York Times

Sears Posts Worst Report of a Bad Lot in Retailing

Sears reports loss of $402 million for its first fiscal quarter, down from loss of $279 million one year earlier, dashing hopes of improvement and laying bare how few options company has left; decline in revenue reflects prolonged inclement weather, strains of stagnant incomes and a sagging consumer electronics market. Read more..

By ELIZABETH A. HARRIS - The New York Times

Today in Small Business: The Rest of America

The pros and cons of being a small-business owner. Fred Wilson says it’s a sad day for patent reform. Chasing new markets in India. Read more..

By GENE MARKS - The New York Times

Weekend Reading: Grading Credit Suisse's Plea and Memorial Day Travel Spots

Reaction to Credit Suisse’s guilty plea and 15 overlooked travel locations for Memorial Day. Read more..

By ERIC OWLES - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
HP Inc. HPQ 32,31 34,09 32,24 33,72 40.8M
Facebook FB 60,41 61,45 60,15 61,35 38.3M
Cisco Systems CSCO 24,38 24,57 24,35 24,52 27.8M
Pfizer PFE 29,57 29,64 29,43 29,49 18.9M
Microsoft MSFT 40,37 40,37 40,00 40,12 18M
AT&T Inc. T 35,36 35,55 35,25 35,32 17.4M
Intel INTC 26,15 26,30 26,14 26,29 17.2M
General Electric GE 26,55 26,58 26,43 26,51 14.8M
Gilead Sciences GILD 82,43 82,50 80,75 80,94 13.6M
Wells Fargo & Co. WFC 49,91 50,23 49,77 50,16 13.2M
Verizon Communications VZ 49,47 49,74 49,38 49,74 12M
Oracle Corp. ORCL 41,65 42,23 41,49 42,15 12M
JPMorgan Chase JPM 54,55 54,59 54,16 54,53 10.9M
Comcast CMCSA 51,87 52,12 51,78 51,97 9.13M
Apple AAPL 607,25 614,73 606,47 614,13 8.29M
General Motors GM 33,49 33,69 33,41 33,63 8.27M
Coca-Cola KO 40,63 40,70 40,53 40,58 6.26M
Merck MRK 56,63 56,98 56,45 56,81 6.05M
ExxonMobil XOM 101,55 101,93 101,27 101,32 5.41M
Johnson & Johnson JNJ 101,04 101,16 100,67 100,98 5.28M
Home Depot HD 78,77 79,40 78,51 79,18 5M
Walt Disney & Co. DIS 82,19 83,36 82,19 83,32 4.58M
Procter & Gamble PG 80,51 80,85 80,40 80,52 4.47M
Schlumberger SLB 101,60 101,90 101,05 101,39 4.46M
Bristol-Myers Squibb BMY 48,82 49,09 48,57 48,79 4.33M
Altria MO 40,71 40,83 40,58 40,68 4.29M
McDonald's MCD 102,52 102,85 101,77 102,00 4.17M
Chevron CVX 124,10 124,36 123,33 123,37 3.81M
Wal-Mart Stores WMT 75,56 75,75 75,43 75,61 3.7M
ConocoPhillips COP 78,53 78,77 78,30 78,43 3.57M
Abbott Laboratories ABT 39,66 39,73 39,51 39,60 3.52M
Amazon AMZN 305,46 312,35 304,90 312,24 3.05M
Amgen AMGN 114,99 115,12 113,56 114,33 2.81M
Visa V 209,99 212,27 209,71 212,07 2.78M
Pepsico PEP 85,36 86,05 85,36 85,83 2.75M
Alphabet GOOGL 558,13 565,00 554,17 563,80 2.67M
International Business Machines IBM 185,84 186,14 185,31 185,94 2.56M
UnitedHealth Group UNH 78,65 79,00 78,36 78,77 2.25M
Boeing BA 132,00 132,58 131,93 132,41 1.96M
Berkshire Hathaway BRK.B 127,22 127,32 126,31 126,80 1.81M
United Technologies UTX 115,06 115,66 114,93 115,54 1.51M
3M MMM 140,23 141,18 140,05 141,14 1.21M
Union Pacific UNP 195,80 197,13 195,50 196,26 1.06M
Exchange Rates of May 23, 2014
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 101,950 JPY 1 JPY = 0,010 USD
US Dollar Canadian Dollar 1 USD = 1,086 CAD 1 CAD = 0,921 USD
US Dollar Swiss Franc 1 USD = 0,896 CHF 1 CHF = 1,117 USD
US Dollar Chinese Yuan 1 USD = 6,236 CNY 1 CNY = 0,160 USD
Euro Japanese Yen 1 EUR = 138,970 JPY 1 JPY = 0,007 EUR
Euro Pound Sterling 1 EUR = 0,810 GBP 1 GBP = 1,234 EUR
Euro Australian Dollar 1 EUR = 1,476 AUD 1 AUD = 0,678 EUR
Euro Canadian Dollar 1 EUR = 1,480 CAD 1 CAD = 0,676 EUR
Euro Swiss Franc 1 EUR = 1,220 CHF 1 CHF = 0,819 EUR
Euro Chinese Yuan 1 EUR = 8,500 CNY 1 CNY = 0,118 EUR
Japanese Yen Pound Sterling 1 JPY = 0,582 GBP 1 GBP = 1,717 JPY
Japanese Yen Australian Dollar 1 JPY = 1,062 AUD 1 AUD = 0,942 JPY
Japanese Yen Canadian Dollar 1 JPY = 1,065 CAD 1 CAD = 0,939 JPY
Japanese Yen Swiss Franc 1 JPY = 0,878 CHF 1 CHF = 1,139 JPY
Pound Sterling Australian Dollar 1 GBP = 1,824 AUD 1 AUD = 0,548 GBP
Pound Sterling Canadian Dollar 1 GBP = 1,828 CAD 1 CAD = 0,547 GBP
Pound Sterling Swiss Franc 1 GBP = 1,507 CHF 1 CHF = 0,663 GBP
Pound Sterling Chinese Yuan 1 GBP = 10,497 CNY 1 CNY = 0,095 GBP
Australian Dollar Canadian Dollar 1 AUD = 1,002 CAD 1 CAD = 0,999 AUD
Australian Dollar Swiss Franc 1 AUD = 0,826 CHF 1 CHF = 1,210 AUD
Australian Dollar Chinese Yuan 1 AUD = 5,756 CNY 1 CNY = 0,174 AUD
Canadian Dollar Swiss Franc 1 CAD = 0,824 CHF 1 CHF = 1,214 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5,740 CNY 1 CNY = 0,174 CAD
Swiss Franc Chinese Yuan 1 CHF = 6,962 CNY 1 CNY = 0,144 CHF

See what else happened on May 23, 2014