Financial news on March 26, 2014
Business and Financial news
A new letter from the Barington Capital Group is intended to turn up the heat on the parent company of Olive Garden and Red Lobster, which has been facing pressure for months. Read more..
The Chinese e-commerce giant Alibaba’s most recent push into innovative finance gives investors, for as little as $16, a small role in getting films produced. Read more..
The Financial Conduct Authority of Britain said the Spanish bank Santander had “serious failings” in how it gave financial advice to consumers in its British branches. Santander has since overhauled its investment services. Read more..
The fresh capital underscores the excitement in Silicon Valley over new ways of raising money. Read more..
Some were upset over the social media giant’s plan to purchase Oculus VR, maker of virtual reality headsets, and took to Twitter and Reddit to vent their frustrations. Read more..
Eduardo Porter Economic Scene column notes that many social scientists, economists and other scholars have had a difficult time explaining significance of the growing income gap; asserts that while many claims about its effects upon society may be widely exaggerated or cannot be backed up, income inequality should still be source of concern. Read more..
The domestic box office for 2013 was up a barely perceptible 1 percent, to $10.9 billion from $10.8 billion, while the worldwide take rose 4 percent, to $35.9 billion from $34.7 billion. Read more..
New York State regulators are requesting more information from Massachusetts company Global Partners about plans to expand its Hudson River facilities routing rail shipments of crude oil; Global's attempted expansion has drawn notice after series of derailments in other states. Read more..
Once you’ve decided which camera to buy, you’ll have to figure out which bag can fit your camera and maybe some lenses and a laptop. Read more..
Values are reported in US Dollars
|Wells Fargo & Co.||WFC||49.19||49.20||48.46||48.50||17.4M|
|Johnson & Johnson||JNJ||97.51||98.47||97.05||97.05||11.2M|
|Procter & Gamble||PG||80.03||80.18||79.33||79.50||8.27M|
|International Business Machines||IBM||194.98||195.63||191.96||192.62||6.85M|
|Walt Disney & Co.||DIS||79.93||80.24||78.61||78.62||6.75M|
Exchange Rates of March 26, 2014
|US Dollar||Japanese Yen||1 USD = 102.050 JPY||1 JPY = 0.010 USD|
|US Dollar||Canadian Dollar||1 USD = 1.110 CAD||1 CAD = 0.901 USD|
|US Dollar||Swiss Franc||1 USD = 0.885 CHF||1 CHF = 1.130 USD|
|US Dollar||Chinese Yuan||1 USD = 6.209 CNY||1 CNY = 0.161 USD|
|Euro||Japanese Yen||1 EUR = 140.700 JPY||1 JPY = 0.007 EUR|
|Euro||Pound Sterling||1 EUR = 0.831 GBP||1 GBP = 1.203 EUR|
|Euro||Australian Dollar||1 EUR = 1.495 AUD||1 AUD = 0.669 EUR|
|Euro||Canadian Dollar||1 EUR = 1.530 CAD||1 CAD = 0.654 EUR|
|Euro||Swiss Franc||1 EUR = 1.220 CHF||1 CHF = 0.820 EUR|
|Euro||Chinese Yuan||1 EUR = 8.558 CNY||1 CNY = 0.117 EUR|
|Japanese Yen||Pound Sterling||1 JPY = 0.591 GBP||1 GBP = 1.693 JPY|
|Japanese Yen||Australian Dollar||1 JPY = 1.062 AUD||1 AUD = 0.942 JPY|
|Japanese Yen||Canadian Dollar||1 JPY = 1.087 CAD||1 CAD = 0.920 JPY|
|Japanese Yen||Swiss Franc||1 JPY = 0.867 CHF||1 CHF = 1.154 JPY|
|Pound Sterling||Australian Dollar||1 GBP = 1.798 AUD||1 AUD = 0.556 GBP|
|Pound Sterling||Canadian Dollar||1 GBP = 1.840 CAD||1 CAD = 0.543 GBP|
|Pound Sterling||Swiss Franc||1 GBP = 1.466 CHF||1 CHF = 0.682 GBP|
|Pound Sterling||Chinese Yuan||1 GBP = 10.293 CNY||1 CNY = 0.097 GBP|
|Australian Dollar||Canadian Dollar||1 AUD = 1.023 CAD||1 CAD = 0.977 AUD|
|Australian Dollar||Swiss Franc||1 AUD = 0.816 CHF||1 CHF = 1.226 AUD|
|Australian Dollar||Chinese Yuan||1 AUD = 5.726 CNY||1 CNY = 0.175 AUD|
|Canadian Dollar||Swiss Franc||1 CAD = 0.797 CHF||1 CHF = 1.255 CAD|
|Canadian Dollar||Chinese Yuan||1 CAD = 5.592 CNY||1 CNY = 0.179 CAD|
|Swiss Franc||Chinese Yuan||1 CHF = 7.016 CNY||1 CNY = 0.143 CHF|