Financial news on March 27, 2014
Business and Financial news
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..
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..
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..
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..
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..
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..
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..
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..
Before going out this time, I worked with consultants who insisted that I rewrite my deck and adjust my presentation. Read more..
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..
Values are reported in US Dollars
|Wells Fargo & Co.||WFC||49.51||49.79||48.65||49.10||29.1M|
|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|
|Procter & Gamble||PG||79.55||80.43||79.38||79.65||8.13M|
|International Business Machines||IBM||191.91||192.67||189.32||189.83||6.77M|
Exchange Rates of March 27, 2014
|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|