Financial news on March 27, 2014

Business and Financial news
A TV App From Disney Lets Travelers Browse Its Vacation Offerings

Advertising column examines new smart TV app introduced by Walt Disney Parks and Resorts that will let potential travelers use their remote controls to research vacations at theme parks and hotels and on cruise ships and packaged tours. Read more..

By JANE L. LEVERE - The New York Times

China Export Restrictions on Metals Violate Global Trade Law, Panel Finds

World Trade Organization panel says China broke international trade law by restricting the export of rare earth elements and other metals crucial to modern manufacturing; conclusion opens possibility that country could face trade sanctions. Read more..

By DAVID JOLLY - The New York Times

Conscious Uncoupling for Drug Makers

In the wake of Baxter’s split, Merck, Bayer and Johnson & Johnson may find it hard not to jump on the bandwagon, says Robert Cyran of Reuters Breakingviews. Read more..

By ROBERT CYRAN - The New York Times

Consortium Wants Standards for 'Internet of Things'

Several large corporations are working to establish global standards for the connections of intricate systems of sensors and computers in hospitals, oil rigs and other industrial settings. Read more..

By QUENTIN HARDY - The New York Times

F.D.A. Unveils Deal to Limit Antibiotic Use in Animal Feed

Food and Drug Administration announces that nearly all drug companies that make antibiotics for use in animal feed have agreed to its proposal to phase out the use of drugs that make animals grow faster; 25 of 26 such companies will remove words 'growth-promotion' from their labels. Read more..

By SABRINA TAVERNISE - The New York Times

Messaging Services Bypass the Old SMS Route

Kit Eaton App Smart column examines mobile applications like Kik and WhatsApp that offer alternatives to SMS messaging; notes apps allow longer messages, group chats, and the ability to add photos or video. Read more..

By KIT EATON - The New York Times

Pretax Profit Slumps 40% at Raiffeisen

Raiffeisen Bank International, a lender with large holdings in Ukraine and Russia, said net profit was up 9 percent to about $201 million, though its problem loans mounted. Read more..

By JACK EWING - The New York Times

T.S.A. Calls for Armed Guards at Airport Checkpoints

Transportation Security Administration releases new security measures in response to fatal 2013 shooting at Los Angeles International Airport; recommends armed personnel be present at airport checkpoints during peak hours of passenger traffic, though airports would be able to tailor the security to their specific needs Read more..

By RON NIXON - The New York Times

What I Have Learned About Pitching for Investment Capital

Before going out this time, I worked with consultants who insisted that I rewrite my deck and adjust my presentation. Read more..

By REBEKAH CAMPBELL - The New York Times

With App and Premium Plan, The Times Expands Online Offerings

New York Times Company announces two new subscription plans in effort to expand digital offerings and increase revenue; NYT Now will offer an affordable app edited for a mobile audience, while Times Premier will provide access to premium content, including a behind-the-scenes look at the newspaper and its journalism. Read more..

By RAVI SOMAIYA - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Facebook FB 60.51 61.90 57.98 60.97 113M
Cisco Systems CSCO 22.13 22.39 21.94 22.02 52.2M
Microsoft MSFT 39.74 39.97 39.34 39.36 35.4M
AT&T Inc. T 34.66 35.03 34.60 34.96 33.4M
Verizon Communications VZ 46.98 47.70 46.97 47.69 32.6M
General Electric GE 25.58 25.85 25.51 25.81 29.6M
Wells Fargo & Co. WFC 49.51 49.79 48.65 49.10 29.1M
Pfizer PFE 32.28 32.38 31.90 32.10 27.7M
Intel INTC 25.36 25.75 25.29 25.31 27.2M
Oracle Corp. ORCL 38.99 39.56 38.80 39.24 26.3M
JPMorgan Chase JPM 59.94 60.55 59.02 59.92 24.6M
Gilead Sciences GILD 72.38 73.34 70.59 71.41 17.7M
General Motors GM 34.28 34.99 34.11 34.51 16.4M
ExxonMobil XOM 94.61 96.50 94.06 96.24 15.4M
Coca-Cola KO 38.51 39.00 38.48 38.82 13M
Comcast CMCSA 49.41 49.59 49.00 49.10 12.6M
HP Inc. HPQ 32.16 32.29 31.65 31.93 12.4M
Merck MRK 55.89 56.11 55.33 55.73 11.1M
Walt Disney & Co. DIS 78.30 78.62 77.28 78.48 9.19M
Johnson & Johnson JNJ 97.08 97.70 96.26 97.28 8.69M
Altria MO 37.17 37.44 37.07 37.23 8.33M
Procter & Gamble PG 79.55 80.43 79.38 79.65 8.13M
Bristol-Myers Squibb BMY 52.56 52.57 51.51 52.33 8.06M
Apple AAPL 540.02 541.50 535.12 537.46 7.93M
Alphabet GOOGL 1130.85 1131.94 1102.10 1114.28 7.64M
Abbott Laboratories ABT 38.55 38.69 38.13 38.45 7.4M
Schlumberger SLB 95.41 97.43 95.25 96.49 7.17M
International Business Machines IBM 191.91 192.67 189.32 189.83 6.77M
ConocoPhillips COP 68.61 69.61 68.61 69.29 6.05M
Home Depot HD 78.63 79.02 78.37 78.68 5.8M
Amazon AMZN 343.15 344.00 330.88 338.47 5.77M
Wal-Mart Stores WMT 76.38 76.82 76.04 76.14 5.6M
UnitedHealth Group UNH 81.58 81.90 80.78 81.02 5.45M
Chevron CVX 117.75 117.99 116.83 117.67 5.22M
Amgen AMGN 121.31 123.98 120.50 122.29 4.55M
Pepsico PEP 82.85 83.21 82.50 82.54 4.35M
Berkshire Hathaway BRK.B 123.29 123.85 122.63 123.47 3.98M
McDonald's MCD 95.77 96.36 95.52 96.16 3.76M
Boeing BA 123.01 124.30 121.80 123.21 3.11M
Visa V 214.89 216.17 213.05 215.77 2.62M
United Technologies UTX 114.29 114.70 113.30 113.80 2.4M
3M MMM 132.82 133.49 132.18 132.84 2.4M
Union Pacific UNP 183.56 185.25 182.85 183.31 2.13M
Exchange Rates of March 27, 2014
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 102.220 JPY 1 JPY = 0.010 USD
US Dollar Canadian Dollar 1 USD = 1.103 CAD 1 CAD = 0.906 USD
US Dollar Swiss Franc 1 USD = 0.887 CHF 1 CHF = 1.128 USD
US Dollar Chinese Yuan 1 USD = 6.213 CNY 1 CNY = 0.161 USD
Euro Japanese Yen 1 EUR = 140.460 JPY 1 JPY = 0.007 EUR
Euro Pound Sterling 1 EUR = 0.828 GBP 1 GBP = 1.208 EUR
Euro Australian Dollar 1 EUR = 1.484 AUD 1 AUD = 0.674 EUR
Euro Canadian Dollar 1 EUR = 1.516 CAD 1 CAD = 0.660 EUR
Euro Swiss Franc 1 EUR = 1.218 CHF 1 CHF = 0.821 EUR
Euro Chinese Yuan 1 EUR = 8.535 CNY 1 CNY = 0.117 EUR
Japanese Yen Pound Sterling 1 JPY = 0.589 GBP 1 GBP = 1.698 JPY
Japanese Yen Australian Dollar 1 JPY = 1.056 AUD 1 AUD = 0.947 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.079 CAD 1 CAD = 0.927 JPY
Japanese Yen Swiss Franc 1 JPY = 0.867 CHF 1 CHF = 1.153 JPY
Pound Sterling Australian Dollar 1 GBP = 1.793 AUD 1 AUD = 0.558 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.832 CAD 1 CAD = 0.546 GBP
Pound Sterling Swiss Franc 1 GBP = 1.472 CHF 1 CHF = 0.679 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.318 CNY 1 CNY = 0.097 GBP
Australian Dollar Canadian Dollar 1 AUD = 1.021 CAD 1 CAD = 0.979 AUD
Australian Dollar Swiss Franc 1 AUD = 0.821 CHF 1 CHF = 1.218 AUD
Australian Dollar Chinese Yuan 1 AUD = 5.752 CNY 1 CNY = 0.174 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.803 CHF 1 CHF = 1.245 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5.631 CNY 1 CNY = 0.178 CAD
Swiss Franc Chinese Yuan 1 CHF = 7.007 CNY 1 CNY = 0.143 CHF

See what else happened on March 27, 2014