Financial news on February 24, 2016

Business and Financial news
A Conversation With Jane Gol

Vivian Marino 30-Miinute Interview with Jane Gol, president of commercial and residential real estate developer Continental Ventures. Read more..

By VIVIAN MARINO - The New York Times

Chinese Deals Feel the Chill From Washington

Steven Davidoff Solomon Deal Professor column notes that increasing number of Chinese companies are seeking to do deals in United States, but keep running into national security entanglements; cites as example Tsinghua Unisplendour Corporation's planned purchase of 15 percent stake in American hard disk drive maker Western Digital. Read more..

By STEVEN DAVIDOFF SOLOMON - The New York Times

European Tech Scene Begins to Feel Silicon Valley’s Woes

European start-ups are starting to feel financial pinch that began in Silicon Valley; venture capitalists, amid global financial turbulence, are leery of funding new firms that lack proven business ideas. Read more..

By MARK SCOTT - The New York Times

Ex-Obama Cabinet Official Joins Lazard

Peter Orszag, who was the president’s first director of the Office of Management and Budget, will be a senior deal maker at the investment company. Read more..

By MICHAEL J. de la MERCED - The New York Times

In Poll on Apple, Public Sides with F.B.I.

Apple’s challenge is still in court, but in the court of public opinion, 51 percent of respondents backed the F.B.I., as 38 percent sided with Apple. Read more..

By JIM KERSTETTER - The New York Times

Lessons From Game Theory: What Keeps Kasich in the Race?

The two remaining mainstream candidates — Marco Rubio and Mr. Kasich — are living out a problem studied for decades in game theory. Read more..

By KEVIN QUEALY - The New York Times

Plan to Prop Up Oil Prices Won’t Have Support From Saudis

Saudi Arabia's petroleum minister Ali bin Ibrahim al-Naimi says country will not follow others in plan to cut oil production to reverse drop in prices; comments lead to further decline in oil prices. Read more..

By CLIFFORD KRAUSS - The New York Times

Private Equity Leaders Expect to Become Buyers in 2016

After years of exiting portfolio companies through sales and initial public offerings, private equity leaders are expecting to be buyers amid turbulent markets. Read more..

By CHAD BRAY - The New York Times

Recent Commercial Real Estate Transactions

Recent commercial real estate transactions in New York City. Read more..

By ROSALIE R. RADOMSKY - The New York Times

Standard Chartered Posts a $2.36 Billion Loss for 2015

The Asia-focused British bank warned that over 150 current or former executives could see their bonuses clawed back as part of accountability reviews. Read more..

By AMIE TSANG - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
General Electric GE 28,90 29,05 28,40 28,96 44.9M
Apple AAPL 93,98 96,38 93,32 96,10 36.3M
Facebook FB 104,21 106,95 102,74 106,88 34.4M
Microsoft MSFT 50,69 51,50 50,20 51,36 33M
Pfizer PFE 29,81 30,08 29,52 30,02 31.6M
JPMorgan Chase JPM 55,20 56,21 54,33 56,14 25.6M
Cisco Systems CSCO 25,89 26,33 25,65 26,32 23M
AT&T Inc. T 36,70 37,11 36,63 37,10 22.8M
HP Inc. HPQ 10,28 10,86 10,10 10,82 21.7M
Intel INTC 28,52 29,30 28,38 29,19 21.6M
General Motors GM 28,72 28,90 27,81 28,84 21M
Wells Fargo & Co. WFC 47,34 47,68 46,56 47,61 18.6M
United Technologies UTX 91,11 94,15 91,11 93,61 17M
ExxonMobil XOM 79,91 81,77 79,67 81,52 13.8M
Verizon Communications VZ 50,27 50,87 50,17 50,82 11.2M
Oracle Corp. ORCL 36,09 36,73 35,77 36,63 11M
ConocoPhillips COP 32,10 33,04 31,82 32,96 11M
Coca-Cola KO 43,56 43,94 43,37 43,91 10.8M
Wal-Mart Stores WMT 66,19 67,33 65,72 67,12 10.3M
Chevron CVX 83,33 85,49 82,90 85,27 9.77M
Comcast CMCSA 57,06 58,63 56,60 58,40 9.25M
Johnson & Johnson JNJ 103,34 105,08 102,97 104,96 9.07M
Gilead Sciences GILD 87,41 89,54 86,79 89,36 8.34M
Home Depot HD 124,05 125,78 122,92 125,61 7.93M
Schlumberger SLB 70,89 72,32 70,40 72,21 7.86M
Visa V 71,25 72,20 70,38 71,85 7.73M
Merck MRK 50,16 50,62 49,63 50,56 7.57M
Abbott Laboratories ABT 38,18 39,32 37,97 39,20 7.05M
Walt Disney & Co. DIS 94,65 95,75 93,23 95,43 6.95M
Boeing BA 115,37 115,96 112,51 115,59 6.86M
Procter & Gamble PG 81,26 81,64 80,66 81,56 6.76M
Amazon AMZN 545,75 554,27 533,15 554,04 6.23M
Pepsico PEP 99,00 99,75 98,40 99,68 5.69M
McDonald's MCD 116,32 117,33 115,80 117,06 5.35M
Bristol-Myers Squibb BMY 61,84 62,36 60,83 62,23 4.83M
Union Pacific UNP 78,02 80,29 77,07 80,09 4.8M
Altria MO 61,20 61,42 60,63 61,36 4.19M
International Business Machines IBM 131,55 133,49 129,68 132,80 4.12M
Berkshire Hathaway BRK.B 129,90 131,50 128,88 131,03 3.63M
Amgen AMGN 145,50 147,27 143,91 147,11 3.32M
UnitedHealth Group UNH 119,93 120,32 117,83 120,20 2.56M
3M MMM 154,84 157,62 153,64 157,22 1.94M
Alphabet GOOGL 710,61 721,22 702,02 720,90 1.85M
Exchange Rates of February 24, 2016
CurrenciesExchange Rates
US Dollar Euro 1 USD = 0,908 EUR 1 EUR = 1,102 USD
US Dollar Japanese Yen 1 USD = 112,043 JPY 1 JPY = 0,009 USD
US Dollar Pound Sterling 1 USD = 0,718 GBP 1 GBP = 1,393 USD
US Dollar Australian Dollar 1 USD = 1,391 AUD 1 AUD = 0,719 USD
US Dollar Canadian Dollar 1 USD = 1,370 CAD 1 CAD = 0,730 USD
US Dollar Swiss Franc 1 USD = 0,989 CHF 1 CHF = 1,011 USD
US Dollar Chinese Yuan 1 USD = 6,535 CNY 1 CNY = 0,153 USD
US Dollar Mexican Peso 1 USD = 18,193 MXN 1 MXN = 0,055 USD
US Dollar Swidish Krona 1 USD = 8,487 SEK 1 SEK = 0,118 USD
Euro Japanese Yen 1 EUR = 123,432 JPY 1 JPY = 0,008 EUR
Euro Pound Sterling 1 EUR = 0,791 GBP 1 GBP = 1,265 EUR
Euro Australian Dollar 1 EUR = 1,532 AUD 1 AUD = 0,653 EUR
Euro Canadian Dollar 1 EUR = 1,509 CAD 1 CAD = 0,663 EUR
Euro Swiss Franc 1 EUR = 1,089 CHF 1 CHF = 0,918 EUR
Euro Chinese Yuan 1 EUR = 7,199 CNY 1 CNY = 0,139 EUR
Euro Mexican Peso 1 EUR = 20,042 MXN 1 MXN = 0,050 EUR
Euro Swidish Krona 1 EUR = 9,349 SEK 1 SEK = 0,107 EUR
Japanese Yen Pound Sterling 1 JPY = 0,006 GBP 1 GBP = 156,250 JPY
Japanese Yen Australian Dollar 1 JPY = 0,012 AUD 1 AUD = 80,645 JPY
Japanese Yen Canadian Dollar 1 JPY = 0,012 CAD 1 CAD = 81,967 JPY
Japanese Yen Swiss Franc 1 JPY = 0,009 CHF 1 CHF = 113,636 JPY
Japanese Yen Chinese Yuan 1 JPY = 0,058 CNY 1 CNY = 17,153 JPY
Japanese Yen Mexican Peso 1 JPY = 0,163 MXN 1 MXN = 6,154 JPY
Japanese Yen Swidish Krona 1 JPY = 0,076 SEK 1 SEK = 13,210 JPY
Pound Sterling Australian Dollar 1 GBP = 1,937 AUD 1 AUD = 0,516 GBP
Pound Sterling Canadian Dollar 1 GBP = 1,909 CAD 1 CAD = 0,524 GBP
Pound Sterling Swiss Franc 1 GBP = 1,377 CHF 1 CHF = 0,726 GBP
Pound Sterling Chinese Yuan 1 GBP = 9,105 CNY 1 CNY = 0,110 GBP
Pound Sterling Mexican Peso 1 GBP = 25,338 MXN 1 MXN = 0,039 GBP
Pound Sterling Swidish Krona 1 GBP = 11,815 SEK 1 SEK = 0,085 GBP
Australian Dollar Canadian Dollar 1 AUD = 0,985 CAD 1 CAD = 1,015 AUD
Australian Dollar Swiss Franc 1 AUD = 0,711 CHF 1 CHF = 1,407 AUD
Australian Dollar Chinese Yuan 1 AUD = 4,698 CNY 1 CNY = 0,213 AUD
Australian Dollar Mexican Peso 1 AUD = 13,092 MXN 1 MXN = 0,076 AUD
Australian Dollar Swidish Krona 1 AUD = 6,099 SEK 1 SEK = 0,164 AUD
Canadian Dollar Swiss Franc 1 CAD = 0,721 CHF 1 CHF = 1,386 CAD
Canadian Dollar Chinese Yuan 1 CAD = 4,770 CNY 1 CNY = 0,210 CAD
Canadian Dollar Mexican Peso 1 CAD = 13,289 MXN 1 MXN = 0,075 CAD
Canadian Dollar Swidish Krona 1 CAD = 6,191 SEK 1 SEK = 0,162 CAD
Swiss Franc Chinese Yuan 1 CHF = 6,608 CNY 1 CNY = 0,151 CHF
Swiss Franc Mexican Peso 1 CHF = 18,415 MXN 1 MXN = 0,054 CHF
Swiss Franc Swidish Krona 1 CHF = 8,576 SEK 1 SEK = 0,117 CHF
Chinese Yuan Swidish Krona 1 CNY = 1,297 SEK 1 SEK = 0,771 CNY

See what else happened on February 24, 2016