Financial news on March 24, 2014

Business and Financial news
ATP and 2 Private Equity Firms to Buy Danish Payments Company

The private equity firms Advent International and Bain Capital and the Danish pension fund ATP will pay about $3.1 billion in cash for Nets, the Copenhagen-based secure payment provider. Read more..

By CHAD BRAY - The New York Times

Deadline in G.M. Inquiry; Game Maker’s I.P.O. Price

General Motors and the National Highway Traffic Safety Administration must deliver documents to a House committee; and King Digital Entertainment, the creator of Candy Crush Saga, plans to price its initial public offering. Read more..

By THE NEW YORK TIMES - The New York Times

G.M. Uses Social Media to Manage Customers and Its Reputation

General Motors, to deal with car owners’ concerns after long-delayed safety recalls of 1.6 million cars that it has linked to 12 deaths, is turning to social media forums like Twitter and Facebook; automaker faces dual task of managing customers and building its brand reputation. Read more..

By VINDU GOEL - The New York Times

Nokia Handset Sale to Microsoft Delayed

Microsoft said on Monday that its $7.5 billion takeover of Nokia’s handset business would now close in April. The deal had been expected to be completed by the end of March. Read more..

By MARK SCOTT - The New York Times

Selling a Poison by the Barrel: Liquid Nicotine for E-Cigarettes

“E-liquids” used to refill e-cigarettes are potent, unregulated neurotoxins. Evidence of the potential dangers is already emerging. Read more..

By MATT RICHTEL - The New York Times

U.S. Official Lobbies for Trans-Atlantic Trade Pact

Completing a landmark trans-Atlantic trade agreement could help Europe wean itself from reliance on Russian energy supplies, the United States trade representative, Michael Froman, has said. Read more..

By JAMES KANTER - The New York Times

Weaning Europe From Russian Gas

It makes sense for the European Union to strengthen its negotiating position by diversifying its sources of supply. Read more..

By HUGO DIXON | REUTERS - The New York Times

Web Fiction, Serialized and Social

Technology is transforming once-solitary process of writing fiction, making it social, informal and intimate, with results not only consumed but often composed on the fly; app Wattpad is leader in new storytelling environment, with more than two million writers producing 100,000 pieces of material daily for 20 million readers on intricate international social network. Read more..

By DAVID STREITFELD - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Facebook FB 67,19 67,36 63,36 64,10 85.7M
AT&T Inc. T 34,41 34,76 34,23 34,46 53.8M
Microsoft MSFT 40,34 40,64 39,86 40,50 46.1M
Pfizer PFE 31,77 31,90 31,33 31,49 41.8M
Intel INTC 25,21 25,38 24,92 25,12 37M
Verizon Communications VZ 46,81 47,10 46,38 47,01 34.9M
Cisco Systems CSCO 21,68 21,79 21,47 21,57 32.8M
General Electric GE 25,49 25,53 25,20 25,41 31.1M
Gilead Sciences GILD 72,54 72,89 68,81 72,13 29.3M
JPMorgan Chase JPM 60,37 61,19 60,35 61,07 25.8M
Oracle Corp. ORCL 37,49 38,34 37,38 38,18 22.5M
General Motors GM 34,69 35,17 34,28 35,14 21.5M
Bristol-Myers Squibb BMY 52,21 52,24 50,16 51,04 19.8M
Wells Fargo & Co. WFC 49,48 49,49 48,82 48,98 19.7M
Comcast CMCSA 50,25 50,50 49,33 50,30 18.4M
Coca-Cola KO 38,48 38,54 38,21 38,40 15.7M
Merck MRK 54,86 54,86 53,57 53,78 15.5M
Johnson & Johnson JNJ 95,30 95,43 94,54 95,20 13.9M
HP Inc. HPQ 32,02 32,21 31,60 31,63 13.3M
Apple AAPL 538,42 540,50 535,06 539,19 12.7M
Procter & Gamble PG 78,50 79,83 78,47 79,30 11.2M
Abbott Laboratories ABT 38,66 38,66 38,13 38,43 11.1M
ExxonMobil XOM 94,76 95,10 94,48 94,64 9.54M
Walt Disney & Co. DIS 80,71 80,93 79,38 79,49 7.64M
Home Depot HD 80,41 80,46 79,20 79,66 7.57M
Schlumberger SLB 93,10 94,80 93,02 93,23 7.38M
Wal-Mart Stores WMT 76,21 76,80 76,11 76,76 7.28M
Altria MO 36,55 36,73 36,44 36,69 7.09M
McDonald's MCD 96,09 96,74 95,99 96,18 6.39M
Alphabet GOOGL 1184,19 1184,90 1145,95 1157,93 6.07M
International Business Machines IBM 187,43 189,44 187,37 188,25 5.74M
Chevron CVX 116,00 116,69 115,65 115,85 5.39M
ConocoPhillips COP 67,68 68,07 67,41 67,56 5.34M
UnitedHealth Group UNH 81,65 81,72 80,86 81,28 5.31M
Pepsico PEP 82,33 82,57 81,53 81,89 5.25M
Amazon AMZN 360,09 361,50 348,60 351,85 4.87M
Visa V 225,39 226,23 219,10 220,75 4.56M
Boeing BA 123,53 123,95 122,08 123,42 4.47M
Amgen AMGN 123,27 123,50 118,56 121,28 4.45M
Berkshire Hathaway BRK.B 125,51 125,89 123,98 124,32 3.96M
United Technologies UTX 114,97 115,20 112,93 113,75 3.12M
3M MMM 133,32 133,70 131,88 132,42 2.79M
Union Pacific UNP 187,65 188,56 185,54 188,00 2.06M
Exchange Rates of March 24, 2014
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 102,230 JPY 1 JPY = 0,010 USD
US Dollar Canadian Dollar 1 USD = 1,119 CAD 1 CAD = 0,893 USD
US Dollar Swiss Franc 1 USD = 0,881 CHF 1 CHF = 1,135 USD
US Dollar Chinese Yuan 1 USD = 6,196 CNY 1 CNY = 0,161 USD
Euro Japanese Yen 1 EUR = 141,460 JPY 1 JPY = 0,007 EUR
Euro Pound Sterling 1 EUR = 0,839 GBP 1 GBP = 1,192 EUR
Euro Australian Dollar 1 EUR = 1,516 AUD 1 AUD = 0,660 EUR
Euro Canadian Dollar 1 EUR = 1,549 CAD 1 CAD = 0,646 EUR
Euro Swiss Franc 1 EUR = 1,219 CHF 1 CHF = 0,820 EUR
Euro Chinese Yuan 1 EUR = 8,572 CNY 1 CNY = 0,117 EUR
Japanese Yen Pound Sterling 1 JPY = 0,593 GBP 1 GBP = 1,687 JPY
Japanese Yen Australian Dollar 1 JPY = 1,071 AUD 1 AUD = 0,934 JPY
Japanese Yen Canadian Dollar 1 JPY = 1,094 CAD 1 CAD = 0,914 JPY
Japanese Yen Swiss Franc 1 JPY = 0,861 CHF 1 CHF = 1,161 JPY
Pound Sterling Australian Dollar 1 GBP = 1,807 AUD 1 AUD = 0,553 GBP
Pound Sterling Canadian Dollar 1 GBP = 1,846 CAD 1 CAD = 0,542 GBP
Pound Sterling Swiss Franc 1 GBP = 1,453 CHF 1 CHF = 0,688 GBP
Pound Sterling Chinese Yuan 1 GBP = 10,220 CNY 1 CNY = 0,098 GBP
Australian Dollar Canadian Dollar 1 AUD = 1,021 CAD 1 CAD = 0,979 AUD
Australian Dollar Swiss Franc 1 AUD = 0,804 CHF 1 CHF = 1,244 AUD
Australian Dollar Chinese Yuan 1 AUD = 5,659 CNY 1 CNY = 0,177 AUD
Canadian Dollar Swiss Franc 1 CAD = 0,787 CHF 1 CHF = 1,271 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5,535 CNY 1 CNY = 0,181 CAD
Swiss Franc Chinese Yuan 1 CHF = 7,032 CNY 1 CNY = 0,142 CHF

See what else happened on March 24, 2014