Financial news on January 27th, 2014

Business and Financial news
Chairwoman of Universal Expands Her Portfolio

NBCUniversal announces it has extended contract of Universal Pictures chairwoman Donna Langley through 2017; also hands her oversight of worldwide marketing and overseas production in expansion of her duties. Read more..

By BROOKS BARNES - The New York Times

Google and Samsung in Deal to Cooperate on Patents

Google and Samsung Electronics say they have reached global patent cross-licensing agreement, which covers patents owned by both companies and any filed in next 10 years. Read more..

By REUTERS - The New York Times

New Running Shoe Line Says, ‘Come Fly With Me’

The Great Society is the creative agency for the lighthearted Brooks Sports campaign, which is scheduled to introduce the Transcend line of footwear Saturday. Read more..

By STUART ELLIOTT - The New York Times

Proposal to Raise Tip Wages Resisted

Restaurant industry is strongly opposed to mandated increase of minimum wage for tipped workers, as Democrats continue to push; restaurant owners, under current federal law, are required to pay minimum of $2.13 an hour toward waiter’s wages as long as customers’ tips lift waiter’s pay to $7.25 federal minimum wage. Read more..


The Princess Problem

Can a prince meet his true love within 30 days? Read more..

By GARY ANTONICK - The New York Times

With Previews, Super Bowl Advertisers Borrow From Hollywood

Advertising column; advertisers are taking page from Hollywood, releasing teasers and previews of commercials for upcoming Super Bowl; chatter on social media is encouraging marketers to shift strategy and release commercials early to whet consumers’ appetite for game-day ads. Read more..

By STUART ELLIOTT - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE25.2625.2924.9025.0760.5M
Cisco SystemsCSCO21.7722.1121.7622.0060.5M
General MotorsGM36.8037.2836.0636.7633.9M
AT&T Inc.T33.5333.7533.4333.5132.8M
JPMorgan ChaseJPM55.0855.8054.6955.0923.9M
Verizon CommunicationsVZ47.7148.3647.4147.6921.4M
Wells Fargo & Co.WFC45.5345.8845.2345.5321.3M
Bristol-Myers SquibbBMY51.0851.0949.4549.7219.7M
Oracle Corp.ORCL37.2637.3736.4936.4919.1M
HP Inc.HPQ28.5329.0928.3828.6015.9M
Gilead SciencesGILD80.7680.7677.5978.8613.6M
Procter & GamblePG79.2479.3078.4278.4710.4M
Abbott LaboratoriesABT36.6836.8336.1336.309.13M
Wal-Mart StoresWMT74.1374.3773.8374.159.09M
Johnson & JohnsonJNJ90.3090.7689.8589.948.69M
United TechnologiesUTX111.88114.81111.57113.797.66M
Walt Disney & Co.DIS72.4772.9171.7272.257.42M
Home DepotHD78.8679.1778.5278.946.59M
International Business MachinesIBM179.61179.65177.66177.905.21M
Berkshire HathawayBRK.B111.92112.28111.13111.505.17M
UnitedHealth GroupUNH71.3172.2071.1471.654.23M
Union PacificUNP172.06172.53170.30171.212.73M
Exchange Rates of January 27th, 2014
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 102.540 JPY1 JPY = 0.010 USD
US DollarCanadian Dollar1 USD = 1.111 CAD1 CAD = 0.900 USD
US DollarSwiss Franc1 USD = 0.896 CHF1 CHF = 1.116 USD
US DollarChinese Yuan1 USD = 6.048 CNY1 CNY = 0.165 USD
EuroJapanese Yen1 EUR = 140.200 JPY1 JPY = 0.007 EUR
EuroPound Sterling1 EUR = 0.824 GBP1 GBP = 1.213 EUR
EuroAustralian Dollar1 EUR = 1.564 AUD1 AUD = 0.639 EUR
EuroCanadian Dollar1 EUR = 1.519 CAD1 CAD = 0.658 EUR
EuroSwiss Franc1 EUR = 1.225 CHF1 CHF = 0.816 EUR
EuroChinese Yuan1 EUR = 8.269 CNY1 CNY = 0.121 EUR
Japanese YenPound Sterling1 JPY = 0.588 GBP1 GBP = 1.702 JPY
Japanese YenAustralian Dollar1 JPY = 1.115 AUD1 AUD = 0.897 JPY
Japanese YenCanadian Dollar1 JPY = 1.083 CAD1 CAD = 0.923 JPY
Japanese YenSwiss Franc1 JPY = 0.874 CHF1 CHF = 1.144 JPY
Pound SterlingAustralian Dollar1 GBP = 1.898 AUD1 AUD = 0.527 GBP
Pound SterlingCanadian Dollar1 GBP = 1.843 CAD1 CAD = 0.543 GBP
Pound SterlingSwiss Franc1 GBP = 1.486 CHF1 CHF = 0.673 GBP
Pound SterlingChinese Yuan1 GBP = 10.027 CNY1 CNY = 0.100 GBP
Australian DollarCanadian Dollar1 AUD = 0.971 CAD1 CAD = 1.030 AUD
Australian DollarSwiss Franc1 AUD = 0.783 CHF1 CHF = 1.277 AUD
Australian DollarChinese Yuan1 AUD = 5.289 CNY1 CNY = 0.189 AUD
Canadian DollarSwiss Franc1 CAD = 0.806 CHF1 CHF = 1.241 CAD
Canadian DollarChinese Yuan1 CAD = 5.442 CNY1 CNY = 0.184 CAD
Swiss FrancChinese Yuan1 CHF = 6.742 CNY1 CNY = 0.148 CHF

See what else happened on January 27th, 2014