Financial news on March 26, 2014

Business and Financial news
Activist Investor Calls for Darden to Consider a New C.E.O.

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..

By MICHAEL J. DE LA MERCED - The New York Times

Alibaba to Make Movies With Crowdfunding Idea

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..

By NEIL GOUGH - The New York Times

Britain Fines Santander for 'Failings' in Its Advice to Clients

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..

By CHAD BRAY - The New York Times

Crowdfunding Site CircleUp Raises $14 Million

The fresh capital underscores the excitement in Silicon Valley over new ways of raising money. Read more..

By WILLIAM ALDEN - The New York Times

Early Supporters of Oculus VR Denounce Facebook Buyout

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..

By JENNA WORTHAM - The New York Times

Income Equality: A Search for Consequences

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..

By EDUARDO PORTER - The New York Times

Movie Box Office Figures Largely Flat for 2013

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..

By MICHAEL CIEPLY - The New York Times

New York Seeks More Data on Crude Oil Rail Operations

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..

By THE ASSOCIATED PRESS - The New York Times

Picking a Bag for a Camera

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..

By NICK BILTON - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Facebook FB 64.74 64.95 60.37 60.39 97.5M
Cisco Systems CSCO 22.44 22.69 22.32 22.32 67.1M
Microsoft MSFT 40.48 40.71 39.60 39.79 42M
AT&T Inc. T 34.91 35.03 34.61 34.61 38.6M
General Electric GE 25.80 25.92 25.60 25.62 31.8M
Pfizer PFE 32.01 32.41 31.67 32.18 31.6M
Oracle Corp. ORCL 38.40 39.46 38.36 39.08 31.4M
Intel INTC 25.59 25.74 25.32 25.38 26.4M
Verizon Communications VZ 47.40 47.66 47.01 47.01 24.4M
JPMorgan Chase JPM 61.24 61.40 59.89 59.90 22.7M
Comcast CMCSA 49.74 50.36 49.57 49.62 19.4M
Wells Fargo & Co. WFC 49.19 49.20 48.46 48.50 17.4M
HP Inc. HPQ 32.77 33.12 32.33 32.35 17.2M
General Motors GM 34.68 34.74 34.20 34.22 17M
Bristol-Myers Squibb BMY 51.27 52.93 51.24 52.66 16.1M
Coca-Cola KO 38.69 38.94 38.61 38.61 15.8M
Gilead Sciences GILD 73.72 75.01 72.77 72.78 15.7M
Merck MRK 55.43 56.46 55.39 56.02 13.1M
Johnson & Johnson JNJ 97.51 98.47 97.05 97.05 11.2M
ExxonMobil XOM 95.56 95.58 94.41 94.70 11M
Altria MO 36.95 37.35 36.91 37.25 10.9M
Apple AAPL 546.52 549.00 538.86 539.78 10.7M
Procter & Gamble PG 80.03 80.18 79.33 79.50 8.27M
Abbott Laboratories ABT 38.55 39.14 38.39 38.56 8.17M
Wal-Mart Stores WMT 77.08 77.53 76.23 76.23 7.73M
UnitedHealth Group UNH 81.48 82.30 81.07 81.54 6.91M
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
Schlumberger SLB 95.84 96.43 95.36 95.43 6.52M
Pepsico PEP 82.57 83.74 82.49 82.87 6.39M
Home Depot HD 79.49 79.78 78.70 78.87 6.36M
Chevron CVX 117.80 118.28 117.36 117.71 5.97M
ConocoPhillips COP 68.71 69.19 68.49 68.60 5.73M
Alphabet GOOGL 1162.01 1171.57 1131.50 1131.97 5.15M
McDonald's MCD 96.04 96.57 95.84 95.84 4.13M
Amazon AMZN 357.13 357.60 343.40 343.41 4.12M
Amgen AMGN 121.23 122.89 120.05 120.11 3.84M
United Technologies UTX 115.85 116.29 114.58 114.58 3.46M
Berkshire Hathaway BRK.B 125.00 125.05 123.01 123.01 3.15M
Boeing BA 124.61 125.32 123.32 123.53 3.09M
Visa V 219.95 220.19 215.68 215.68 2.66M
Union Pacific UNP 187.86 188.09 184.30 184.31 2.33M
3M MMM 134.66 134.89 133.09 133.09 2.32M
Exchange Rates of March 26, 2014
CurrenciesExchange Rates
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

See what else happened on March 26, 2014