Financial news on July 26, 2016

Business and Financial news
A Beer Garden Lays Down Roots for a Technology Hub

Quartyard beer garden, event area and dog park in downtown East Village neighborhood of San Diego is part of mixed-used development projects supported by city and private developers; one goal of effort is to create employment hub in neighborhood's tech corridor. Read more..

By LAUREN HERSTIK - The New York Times

Come On Along With Us

Exciting news: We’re moving, and you’re coming with us. Read more..

By DEB AMLEN - The New York Times

More Money, More Success, More Stuff? Don’t Count on More Happiness

For those who put happiness on an unattainable pedestal just around the corner, it might be time to get off the so-called hedonic treadmill and get back to the present. Read more..

By CARL RICHARDS - The New York Times

Surgery Fixes a Ligament (if It Exists). Does It Fix the Knee?

Growing use of new knee surgery to repair torn anterior cruciate ligament or ACL sparks debate among orthopedists regarding its merits; procedure, developed by Arthrex from research conducted by Dr Steven Claes and published in Journal of Anatomy in 2013, replaces anterolateral ligament or ALL to stabilize joint and prevent ACL re-injury; some medical experts doubt existence of ALL, while some claim surgery may cause long-term knee damage. Read more..

By BARRY MEIER - The New York Times

Tech Behemoths Report Their Results

Apple, Facebook, Amazon and Alphabet will post quarterly earnings this week, reflecting how they are doing in online ads, mobile and cloud computing. Read more..

By PUI-WING TAM - The New York Times

Verizon Announces $4.8 Billion Deal for Yahoo’s Internet Business

Verizon says it will purchase Yahoo's core collection of web properties for $4.83 billion; acquisition of Yahoo's one billion users along with its email and other products is expected to give telecom giant edge it needs to challenge Google and Facebook for consumer attention and digital advertising revenue; sale, which still requires approval by shareholders and regulators, caps four-year failed effort by chief exec Marissa Mayer to stop internet giant's downward spiral. Read more..

By VINDU GOEL - The New York Times

Wagner Work

Finn Vigeland, Natan Last and the J.A.S.A. Crossword Class are back for seemingly endless fun. Read more..

By DEB AMLEN - The New York Times

Yahoo Mail and Tumblr and Flickr: What Happens Now?

Here are answers to some common questions about the impact Verizon’s purchase will have on the company’s numerous services. Read more..

By VINDU GOEL - The New York Times

Your Local Hotel Is Trying to Impress Guests With a New Amenity: You

Hotel industry is experimenting with programs that encourage locals to dine, shop or socialize on their premises by hosting running clubs, art exhibits, performances and other events; efforts, which usually include renovations of lobbies and lounges to make them more like neighborhood hangouts, benefits operators with income from locals while offering travelers more in-place activities and lively social atmosphere. Read more..

By MARTHA C. WHITE - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Apple AAPL 96.82 97.97 96.42 96.67 56.2M
Gilead Sciences GILD 84.05 84.15 80.51 81.05 47.4M
General Electric GE 31.67 31.73 31.31 31.47 36.9M
Intel INTC 34.75 35.23 34.70 35.09 29.6M
Microsoft MSFT 56.52 57.29 56.51 56.76 28.1M
Cisco Systems CSCO 30.80 31.15 30.71 30.88 21.3M
AT&T Inc. T 42.88 42.98 42.28 42.38 20.1M
Verizon Communications VZ 55.85 56.25 54.69 54.81 18.8M
Facebook FB 122.00 122.07 120.75 121.22 17.6M
Wells Fargo & Co. WFC 48.03 48.17 47.80 47.97 16.1M
Coca-Cola KO 45.53 45.65 44.83 44.88 15.8M
McDonald's MCD 123.50 124.35 120.97 121.71 14.6M
ExxonMobil XOM 91.63 92.03 91.11 91.53 12.1M
Pfizer PFE 36.83 36.87 36.65 36.83 12.1M
Schlumberger SLB 79.90 80.61 78.95 80.60 11.7M
Oracle Corp. ORCL 41.06 41.24 40.81 40.94 11M
Visa V 78.98 79.06 77.94 78.49 9.67M
General Motors GM 31.98 32.22 31.89 32.15 9.46M
HP Inc. HPQ 14.16 14.27 14.12 14.18 9.36M
Abbott Laboratories ABT 43.39 43.62 43.36 43.60 8.66M
Comcast CMCSA 67.29 67.47 66.66 67.18 8.49M
JPMorgan Chase JPM 63.98 64.26 63.71 64.13 8.07M
Altria MO 68.79 68.92 67.61 67.93 7.36M
Merck MRK 58.70 58.81 58.14 58.36 7.15M
Walt Disney & Co. DIS 97.02 97.16 96.34 96.69 6.27M
Chevron CVX 102.57 103.16 102.08 102.68 6.1M
ConocoPhillips COP 40.05 40.86 39.95 40.79 5.9M
Johnson & Johnson JNJ 125.03 125.55 124.75 125.15 5.59M
Procter & Gamble PG 85.68 86.08 85.17 85.27 5.38M
Wal-Mart Stores WMT 73.71 74.07 73.41 73.73 5.25M
Boeing BA 132.90 134.97 132.51 134.85 4.67M
United Technologies UTX 107.04 107.96 106.50 107.89 4.41M
Bristol-Myers Squibb BMY 75.78 75.87 74.89 75.06 3.83M
3M MMM 177.17 178.99 176.14 177.66 3.42M
Pepsico PEP 109.00 109.23 108.03 108.20 3.39M
International Business Machines IBM 162.65 163.60 161.37 162.12 2.89M
Union Pacific UNP 92.38 93.01 91.83 93.01 2.89M
Amgen AMGN 165.89 168.05 165.77 167.67 2.88M
UnitedHealth Group UNH 141.94 142.19 141.02 141.70 2.67M
Home Depot HD 136.50 137.51 136.06 136.75 2.58M
Amazon AMZN 742.71 743.13 732.75 735.59 2.53M
Berkshire Hathaway BRK.B 144.34 144.85 143.83 144.34 2.47M
Alphabet GOOGL 757.52 759.26 752.75 757.65 1.19M
Exchange Rates of July 26, 2016
CurrenciesExchange Rates
US Dollar Euro 1 USD = 0.910 EUR 1 EUR = 1.099 USD
US Dollar Japanese Yen 1 USD = 104.706 JPY 1 JPY = 0.010 USD
US Dollar Pound Sterling 1 USD = 0.761 GBP 1 GBP = 1.314 USD
US Dollar Australian Dollar 1 USD = 1.330 AUD 1 AUD = 0.752 USD
US Dollar Canadian Dollar 1 USD = 1.317 CAD 1 CAD = 0.759 USD
US Dollar Swiss Franc 1 USD = 0.992 CHF 1 CHF = 1.008 USD
US Dollar Chinese Yuan 1 USD = 6.669 CNY 1 CNY = 0.150 USD
US Dollar Mexican Peso 1 USD = 18.755 MXN 1 MXN = 0.053 USD
US Dollar Swidish Krona 1 USD = 8.654 SEK 1 SEK = 0.116 USD
Euro Japanese Yen 1 EUR = 115.055 JPY 1 JPY = 0.009 EUR
Euro Pound Sterling 1 EUR = 0.836 GBP 1 GBP = 1.196 EUR
Euro Australian Dollar 1 EUR = 1.462 AUD 1 AUD = 0.684 EUR
Euro Canadian Dollar 1 EUR = 1.448 CAD 1 CAD = 0.691 EUR
Euro Swiss Franc 1 EUR = 1.090 CHF 1 CHF = 0.917 EUR
Euro Chinese Yuan 1 EUR = 7.327 CNY 1 CNY = 0.136 EUR
Euro Mexican Peso 1 EUR = 20.608 MXN 1 MXN = 0.049 EUR
Euro Swidish Krona 1 EUR = 9.510 SEK 1 SEK = 0.105 EUR
Japanese Yen Pound Sterling 1 JPY = 0.007 GBP 1 GBP = 136.986 JPY
Japanese Yen Australian Dollar 1 JPY = 0.013 AUD 1 AUD = 78.740 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.013 CAD 1 CAD = 79.365 JPY
Japanese Yen Swiss Franc 1 JPY = 0.010 CHF 1 CHF = 105.263 JPY
Japanese Yen Chinese Yuan 1 JPY = 0.064 CNY 1 CNY = 15.723 JPY
Japanese Yen Mexican Peso 1 JPY = 0.179 MXN 1 MXN = 5.583 JPY
Japanese Yen Swidish Krona 1 JPY = 0.083 SEK 1 SEK = 12.107 JPY
Pound Sterling Australian Dollar 1 GBP = 1.748 AUD 1 AUD = 0.572 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.731 CAD 1 CAD = 0.578 GBP
Pound Sterling Swiss Franc 1 GBP = 1.304 CHF 1 CHF = 0.767 GBP
Pound Sterling Chinese Yuan 1 GBP = 8.761 CNY 1 CNY = 0.114 GBP
Pound Sterling Mexican Peso 1 GBP = 24.641 MXN 1 MXN = 0.041 GBP
Pound Sterling Swidish Krona 1 GBP = 11.369 SEK 1 SEK = 0.088 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.990 CAD 1 CAD = 1.010 AUD
Australian Dollar Swiss Franc 1 AUD = 0.746 CHF 1 CHF = 1.341 AUD
Australian Dollar Chinese Yuan 1 AUD = 5.006 CNY 1 CNY = 0.200 AUD
Australian Dollar Mexican Peso 1 AUD = 14.096 MXN 1 MXN = 0.071 AUD
Australian Dollar Swidish Krona 1 AUD = 6.503 SEK 1 SEK = 0.154 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.753 CHF 1 CHF = 1.328 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5.057 CNY 1 CNY = 0.198 CAD
Canadian Dollar Mexican Peso 1 CAD = 14.234 MXN 1 MXN = 0.070 CAD
Canadian Dollar Swidish Krona 1 CAD = 6.562 SEK 1 SEK = 0.152 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.722 CNY 1 CNY = 0.149 CHF
Swiss Franc Mexican Peso 1 CHF = 18.899 MXN 1 MXN = 0.053 CHF
Swiss Franc Swidish Krona 1 CHF = 8.714 SEK 1 SEK = 0.115 CHF

See what else happened on July 26, 2016