Financial news on April 27, 2016

Business and Financial news
Alibaba Financial Affiliate Raises $4.5 Billion

Ant Financial Services Group, online payment affiliate of Alibaba Group, raises $4.5 billion in private financing, valuing it at about $60 billion. Read more..

By PAUL MOZUR and MICHAEL J. de la MERCED - The New York Times

André Esteves, Ex-BTG Pactual Chief, Is Freed From House Arrest

Brazilian judge frees Andre Esteves, former chief executive of Brazilian investment bank BTG Pactual; he is accused of obstructing justice in corruption probe of Petrobras. Read more..

By VINOD SREEHARSHA - The New York Times

Barnes & Noble’s Longtime Leader, Leonard Riggio, Is Stepping Down

Barnes & Noble says founder and executive chairman Leonard Riggio will retire in September. Read more..

By ALEXANDRA ALTER - The New York Times

Comcast Is Said to Be in Talks to Acquire DreamWorks Animation

Comcast is in negotiations to buy DreamWorks Animation in deal that would value company at roughly $3 billion. Read more..

By BROOKS BARNES - The New York Times

Consolidation in the Broadband World

On Monday, federal regulators moved to approve two big acquisitions from Charter Communications to buy Time Warner Cable and Bright House Networks. Read more..

By PUI-WING TAM - The New York Times

Donald Trump Beat Expectations Everywhere, Suggesting a Broad Shift

Wherever he could squeeze out additional delegates Tuesday, he did, and the nomination seems well within reach. Read more..

By NATE COHN - The New York Times

Power Measures

Kurt Krauss points us in the right direction. Read more..

By DEB AMLEN - The New York Times

Standard Chartered’s Pretax Profit Down 59% on ‘Challenging’ Conditions

The bank said that its first-quarter results reflected depressed commodity prices, volatility in China and weak market sentiment. Read more..

By CHAD BRAY - The New York Times

The Mirage of a Return to Manufacturing Greatness

Eduardo Porter Economic Scene column points out factory jobs are inevitably vanishing both in American plants and worldwide, rendering pledges by Hillary Clinton and Donald J Trump to revive them moot; notes that in 20th century farm and manufacturing plummeted as share of work force. Read more..

By EDUARDO PORTER - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Apple AAPL 96.00 98.71 95.68 97.82 115M
Facebook FB 107.94 108.94 106.31 108.89 52.2M
Microsoft MSFT 51.48 51.50 50.55 50.94 43.4M
AT&T Inc. T 37.86 38.91 37.73 38.72 41.4M
Pfizer PFE 32.98 33.21 32.90 33.00 26.1M
General Electric GE 30.94 31.01 30.82 30.93 22.9M
Cisco Systems CSCO 28.44 28.65 28.31 28.64 20.9M
Intel INTC 31.25 31.80 31.19 31.75 20M
Comcast CMCSA 62.20 62.79 60.48 61.30 17.1M
Verizon Communications VZ 50.46 51.81 50.46 51.69 17M
Wells Fargo & Co. WFC 50.87 51.41 50.72 50.93 15.3M
JPMorgan Chase JPM 63.86 64.64 63.60 64.11 15.3M
ConocoPhillips COP 48.55 48.91 47.82 48.11 11.6M
Coca-Cola KO 44.64 44.86 44.25 44.68 11.3M
HP Inc. HPQ 12.66 12.79 12.49 12.76 10.5M
ExxonMobil XOM 87.95 88.72 87.33 88.46 10.5M
Oracle Corp. ORCL 40.51 41.00 40.51 40.85 8.74M
Gilead Sciences GILD 101.30 101.78 100.15 100.72 8.59M
Chevron CVX 102.90 103.94 102.38 103.85 8.38M
Procter & Gamble PG 79.47 80.15 79.10 79.89 7.69M
Bristol-Myers Squibb BMY 70.86 71.00 68.62 70.23 7.57M
Schlumberger SLB 79.78 81.18 79.60 80.60 7.31M
Merck MRK 56.06 56.62 56.06 56.31 6.94M
Boeing BA 133.20 137.89 131.95 137.08 6.93M
General Motors GM 32.18 32.29 31.99 32.16 6.71M
United Technologies UTX 106.32 107.07 104.88 105.89 6.34M
Visa V 78.41 79.00 78.17 78.76 6.32M
Altria MO 61.44 61.98 60.98 61.55 6.19M
Walt Disney & Co. DIS 105.19 105.60 104.76 105.28 5.99M
Johnson & Johnson JNJ 112.96 113.20 112.46 112.77 5.76M
Wal-Mart Stores WMT 69.49 69.78 68.99 69.42 5.15M
Abbott Laboratories ABT 43.93 44.00 43.69 43.83 5.04M
McDonald's MCD 127.94 128.56 127.78 128.30 4.44M
Amazon AMZN 611.80 615.95 601.28 606.57 4.07M
Union Pacific UNP 88.79 89.80 88.67 89.17 3.85M
Pepsico PEP 102.72 103.36 101.91 102.63 3.73M
Home Depot HD 135.37 136.28 134.77 135.75 3.49M
UnitedHealth Group UNH 134.34 134.58 131.90 132.80 3.36M
Alphabet GOOGL 725.32 727.15 709.08 721.46 3.31M
International Business Machines IBM 149.35 150.78 148.97 150.47 3.11M
Berkshire Hathaway BRK.B 146.90 148.03 146.50 147.60 2.99M
Amgen AMGN 162.72 162.90 160.50 161.00 2.73M
3M MMM 166.99 168.38 166.10 167.76 2.23M
Exchange Rates of April 27, 2016
CurrenciesExchange Rates
US Dollar Euro 1 USD = 0.883 EUR 1 EUR = 1.133 USD
US Dollar Japanese Yen 1 USD = 111.507 JPY 1 JPY = 0.009 USD
US Dollar Pound Sterling 1 USD = 0.688 GBP 1 GBP = 1.454 USD
US Dollar Australian Dollar 1 USD = 1.315 AUD 1 AUD = 0.760 USD
US Dollar Canadian Dollar 1 USD = 1.259 CAD 1 CAD = 0.794 USD
US Dollar Swiss Franc 1 USD = 0.971 CHF 1 CHF = 1.030 USD
US Dollar Chinese Yuan 1 USD = 6.494 CNY 1 CNY = 0.154 USD
US Dollar Mexican Peso 1 USD = 17.298 MXN 1 MXN = 0.058 USD
US Dollar Swidish Krona 1 USD = 8.089 SEK 1 SEK = 0.124 USD
Euro Japanese Yen 1 EUR = 126.313 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.779 GBP 1 GBP = 1.284 EUR
Euro Australian Dollar 1 EUR = 1.490 AUD 1 AUD = 0.671 EUR
Euro Canadian Dollar 1 EUR = 1.426 CAD 1 CAD = 0.701 EUR
Euro Swiss Franc 1 EUR = 1.100 CHF 1 CHF = 0.909 EUR
Euro Chinese Yuan 1 EUR = 7.353 CNY 1 CNY = 0.136 EUR
Euro Mexican Peso 1 EUR = 19.594 MXN 1 MXN = 0.051 EUR
Euro Swidish Krona 1 EUR = 9.163 SEK 1 SEK = 0.109 EUR
Japanese Yen Pound Sterling 1 JPY = 0.006 GBP 1 GBP = 161.290 JPY
Japanese Yen Australian Dollar 1 JPY = 0.012 AUD 1 AUD = 84.746 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.011 CAD 1 CAD = 88.496 JPY
Japanese Yen Swiss Franc 1 JPY = 0.009 CHF 1 CHF = 114.943 JPY
Japanese Yen Chinese Yuan 1 JPY = 0.058 CNY 1 CNY = 17.182 JPY
Japanese Yen Mexican Peso 1 JPY = 0.155 MXN 1 MXN = 6.447 JPY
Japanese Yen Swidish Krona 1 JPY = 0.073 SEK 1 SEK = 13.793 JPY
Pound Sterling Australian Dollar 1 GBP = 1.912 AUD 1 AUD = 0.523 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.830 CAD 1 CAD = 0.546 GBP
Pound Sterling Swiss Franc 1 GBP = 1.412 CHF 1 CHF = 0.708 GBP
Pound Sterling Chinese Yuan 1 GBP = 9.445 CNY 1 CNY = 0.106 GBP
Pound Sterling Mexican Peso 1 GBP = 25.151 MXN 1 MXN = 0.040 GBP
Pound Sterling Swidish Krona 1 GBP = 11.755 SEK 1 SEK = 0.085 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.957 CAD 1 CAD = 1.045 AUD
Australian Dollar Swiss Franc 1 AUD = 0.738 CHF 1 CHF = 1.355 AUD
Australian Dollar Chinese Yuan 1 AUD = 4.933 CNY 1 CNY = 0.203 AUD
Australian Dollar Mexican Peso 1 AUD = 13.149 MXN 1 MXN = 0.076 AUD
Australian Dollar Swidish Krona 1 AUD = 6.147 SEK 1 SEK = 0.163 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.771 CHF 1 CHF = 1.297 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5.156 CNY 1 CNY = 0.194 CAD
Canadian Dollar Mexican Peso 1 CAD = 13.741 MXN 1 MXN = 0.073 CAD
Canadian Dollar Swidish Krona 1 CAD = 6.424 SEK 1 SEK = 0.156 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.688 CNY 1 CNY = 0.150 CHF
Swiss Franc Mexican Peso 1 CHF = 17.814 MXN 1 MXN = 0.056 CHF
Swiss Franc Swidish Krona 1 CHF = 8.332 SEK 1 SEK = 0.120 CHF
Chinese Yuan Swidish Krona 1 CNY = 1.244 SEK 1 SEK = 0.804 CNY

See what else happened on April 27, 2016