Financial news on June 25th, 2013
Business and Financial news
Renewable oil company Solazyme and global starch processor Roquette Freres will dissolve joint venture to produce food ingredients derived from genetically engineered algae after failing to agree on timeline and strategy to bring products to market. Read more..
Business travelers who stay overnight at private and university clubs are drawn to their central locations and reasonable rates, but drawbacks can include outdated furnishings and restrictive house rules like cellphone bans. Read more..
The Shanghai share index suffered a 5 percent drop after the Chinese central bank said liquidity was “reasonable.” Other global stock indexes also sagged. Read more..
The Chinese central bank’s crackdown against excessive lending has put focus on a banking sector that some say is hiding piles of bad debt. Read more..
Joe Sharkey On the Road column cites report by Routehappy.com finding that 38 percent of domestic flights now feature Wi-Fi; notes that after hundreds of millions of dollars in investment, it still remains to be seen whether service will be financially viable for airlines. Read more..
The eventful episode on AMC Sunday night drew the biggest audience for a finale in the show’s six-year run. Read more..
Share indexes fell on concerns that the Federal Reserve’s stimulus may be drawing to a close and a cash squeeze in China could further slow growth. Read more..
Supreme Court, in two 5-to-4 decisions, sets new standards that effectively make it harder for workers to prove that they suffered employment discrimination; first ruling narrows definition of what constitutes supervisor in racial and sexual harassment cases, while other adopts tougher standard for workers to prove that they have faced illegal retaliation for complaining about employment discrimination. Read more..
On “Meet the Press’' on Sunday, David Gregory asked Glenn Greenwald whether he should be charged with a crime for publishing leaked information from Edward J. Snowden. Read more..
Stock Markets
Values are reported in US Dollars
Stock | Ticker symbol | Open | High | Low | Close | Volume |
Pfizer | PFE | 28.08 | 28.15 | 27.58 | 27.99 | 118M |
AT&T Inc. | T | 34.69 | 35.21 | 34.54 | 35.03 | 67.2M |
Oracle Corp. | ORCL | 30.50 | 30.53 | 29.89 | 29.96 | 64.1M |
Microsoft | MSFT | 34.08 | 34.38 | 33.46 | 33.67 | 44.1M |
Cisco Systems | CSCO | 24.31 | 24.44 | 23.99 | 24.01 | 41.3M |
General Electric | GE | 23.17 | 23.25 | 22.94 | 23.11 | 36.6M |
Intel | INTC | 23.83 | 23.94 | 23.57 | 23.88 | 34.6M |
Verizon Communications | VZ | 49.43 | 50.68 | 49.43 | 50.44 | 31.4M |
FB | 24.14 | 24.43 | 24.04 | 24.25 | 24.7M | |
Wells Fargo & Co. | WFC | 40.16 | 40.53 | 39.89 | 40.30 | 22.3M |
Altria | MO | 34.84 | 35.42 | 34.77 | 34.93 | 21M |
JPMorgan Chase | JPM | 51.51 | 52.56 | 51.51 | 52.08 | 21M |
ExxonMobil | XOM | 89.58 | 89.62 | 88.48 | 89.11 | 15.8M |
HP Inc. | HPQ | 23.72 | 24.28 | 23.71 | 23.85 | 14.4M |
Comcast | CMCSA | 40.03 | 40.33 | 39.69 | 40.17 | 13.5M |
Coca-Cola | KO | 39.82 | 39.93 | 39.44 | 39.72 | 12.9M |
Gilead Sciences | GILD | 49.41 | 50.88 | 49.31 | 49.78 | 12.9M |
Merck | MRK | 46.53 | 46.68 | 46.08 | 46.23 | 12M |
Johnson & Johnson | JNJ | 85.16 | 85.59 | 84.54 | 85.35 | 11.2M |
Apple | AAPL | 405.70 | 407.79 | 398.83 | 402.63 | 11.2M |
General Motors | GM | 31.75 | 32.02 | 31.54 | 31.82 | 9.27M |
Home Depot | HD | 74.07 | 74.73 | 73.80 | 74.14 | 8.52M |
Procter & Gamble | PG | 77.10 | 77.24 | 76.29 | 76.69 | 7.91M |
Wal-Mart Stores | WMT | 74.27 | 74.75 | 73.84 | 74.37 | 7.22M |
Bristol-Myers Squibb | BMY | 45.77 | 45.77 | 45.07 | 45.18 | 6.95M |
Walt Disney & Co. | DIS | 62.88 | 63.10 | 62.50 | 62.57 | 6.78M |
Schlumberger | SLB | 72.04 | 72.99 | 71.87 | 72.09 | 6.69M |
ConocoPhillips | COP | 59.81 | 60.02 | 59.37 | 59.83 | 6.08M |
Abbott Laboratories | ABT | 35.28 | 35.38 | 34.87 | 35.11 | 6M |
Chevron | CVX | 117.75 | 117.87 | 116.92 | 117.45 | 5.98M |
Pepsico | PEP | 80.42 | 80.55 | 79.67 | 80.04 | 5.93M |
Alphabet | GOOGL | 877.26 | 879.68 | 864.51 | 866.20 | 5.1M |
UnitedHealth Group | UNH | 65.03 | 65.54 | 63.66 | 63.73 | 4.96M |
Berkshire Hathaway | BRK.B | 111.81 | 112.31 | 110.88 | 112.07 | 4.15M |
International Business Machines | IBM | 195.31 | 195.59 | 193.15 | 194.98 | 3.85M |
Boeing | BA | 99.20 | 99.66 | 98.18 | 98.67 | 3.56M |
McDonald's | MCD | 97.91 | 97.99 | 97.14 | 97.52 | 3.21M |
United Technologies | UTX | 92.13 | 92.44 | 91.33 | 91.78 | 3.18M |
Visa | V | 179.80 | 181.38 | 178.50 | 180.47 | 3.18M |
Amgen | AMGN | 97.64 | 98.75 | 95.64 | 96.38 | 3.07M |
3M | MMM | 108.20 | 108.75 | 107.54 | 108.24 | 2.68M |
Amazon | AMZN | 272.30 | 273.47 | 269.00 | 272.09 | 2.45M |
Union Pacific | UNP | 151.01 | 153.97 | 150.05 | 153.42 | 2.32M |
Exchange Rates of June 25th, 2013
Currencies | Exchange Rates | ||
US Dollar | Japanese Yen | 1 USD = 97.940 JPY | 1 JPY = 0.010 USD |
US Dollar | Canadian Dollar | 1 USD = 1.051 CAD | 1 CAD = 0.951 USD |
US Dollar | Swiss Franc | 1 USD = 0.938 CHF | 1 CHF = 1.066 USD |
US Dollar | Chinese Yuan | 1 USD = 6.145 CNY | 1 CNY = 0.163 USD |
Euro | Japanese Yen | 1 EUR = 128.140 JPY | 1 JPY = 0.008 EUR |
Euro | Pound Sterling | 1 EUR = 0.848 GBP | 1 GBP = 1.179 EUR |
Euro | Australian Dollar | 1 EUR = 1.413 AUD | 1 AUD = 0.708 EUR |
Euro | Canadian Dollar | 1 EUR = 1.375 CAD | 1 CAD = 0.727 EUR |
Euro | Swiss Franc | 1 EUR = 1.227 CHF | 1 CHF = 0.815 EUR |
Euro | Chinese Yuan | 1 EUR = 8.050 CNY | 1 CNY = 0.124 EUR |
Japanese Yen | Pound Sterling | 1 JPY = 0.662 GBP | 1 GBP = 1.512 JPY |
Japanese Yen | Australian Dollar | 1 JPY = 1.102 AUD | 1 AUD = 0.908 JPY |
Japanese Yen | Canadian Dollar | 1 JPY = 1.073 CAD | 1 CAD = 0.932 JPY |
Japanese Yen | Swiss Franc | 1 JPY = 0.957 CHF | 1 CHF = 1.045 JPY |
Pound Sterling | Australian Dollar | 1 GBP = 1.666 AUD | 1 AUD = 0.600 GBP |
Pound Sterling | Canadian Dollar | 1 GBP = 1.621 CAD | 1 CAD = 0.617 GBP |
Pound Sterling | Swiss Franc | 1 GBP = 1.446 CHF | 1 CHF = 0.691 GBP |
Pound Sterling | Chinese Yuan | 1 GBP = 9.481 CNY | 1 CNY = 0.105 GBP |
Australian Dollar | Canadian Dollar | 1 AUD = 0.973 CAD | 1 CAD = 1.028 AUD |
Australian Dollar | Swiss Franc | 1 AUD = 0.868 CHF | 1 CHF = 1.152 AUD |
Australian Dollar | Chinese Yuan | 1 AUD = 5.698 CNY | 1 CNY = 0.176 AUD |
Canadian Dollar | Swiss Franc | 1 CAD = 0.892 CHF | 1 CHF = 1.122 CAD |
Canadian Dollar | Chinese Yuan | 1 CAD = 5.847 CNY | 1 CNY = 0.171 CAD |
Swiss Franc | Chinese Yuan | 1 CHF = 6.553 CNY | 1 CNY = 0.153 CHF |
See what else happened on June 25th, 2013