Financial news on October 27, 2014

Business and Financial news
Accounts and People of Note in the Advertising Industry

George Washington University hired Tribal Worldwide as its first digital media agency of record, and Anheuser-Busch chose LatinWorks for a Mexican beer campaign. Read more..

By THE NEW YORK TIMES - The New York Times

Activist Hedge Fund Takes Stake in Former A.D.P. Unit

It’s unusual for a company whose shares only began trading recently to attract the attention of an activist investor. Read more..

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

Apple Pay Is Disabled by Rite Aid and CVS as a Rival Makes Plans

Pharmacy chains Rite Aid and CVS disable Apple's mobile wallet Apple Pay from working in their stores nationwide; reason is not immediately clear; analysts say disabling app is way to favor rival system that is not yet available but is being developed by consortium of merchants. Read more..

By MIKE ISAAC - The New York Times

Before There Was Grumpy Cat, There Was Morris, 9Lives Reminds Consumers

The cat food brand has reintroduced Morris the cat through a campaign that takes advantage of social media while emphasizing the roots of the character. Read more..

By STUART ELLIOTT - The New York Times

Democrats Seem Poised to Pick Up a Few Governor’s Seats

Eleven races are within four percentage points, according to the latest New York Times/CBS News/YouGov online panel. Read more..

By NATE COHN - The New York Times

For The Hartford Courant, 250 Years in Print

Hartford Courant celebrates its 250th anniversary; paper published its first issue on Oct. 29, 1764, a one-page edition of what then was called The Connecticut Courant. Read more..

By CHRISTINE HAUGHNEY - The New York Times

Living Wages, Rarity for U.S. Fast-Food Workers, Served Up in Denmark

Some economists point to Denmark, where fast-food workers make more than twice what they would in the United States, in discussions about American wages. Read more..

By LIZ ALDERMAN and STEVEN GREENHOUSE - The New York Times

Living Your True Wealth

What if our financial decisions were transparent to everyone around us? Would it change our choices? Read more..

By CARL RICHARDS - The New York Times

Q. and A. With Stuart Elliott

A reader is underwhelmed by a Whole Foods campaign, and more on “twin ads.” Read more..

By STUART ELLIOTT - The New York Times

Selling a Business for an 'Outrageous' Price

An investment banker prepared the owner of a business to expect a sales price of $16 million to $20 million, then found three buyers willing to pay considerably more. Read more..

By JOSH PATRICK - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
AppleAAPL104.85105.48104.70105.1134.2M
MicrosoftMSFT45.7146.1045.7145.9130.4M
FacebookFB80.7480.8079.7680.2830.2M
AT&T Inc.T33.8834.2433.8634.1125.4M
IntelINTC33.0833.3032.7733.2023.8M
PfizerPFE29.0929.2128.9529.0323M
General ElectricGE25.6625.7025.3825.5219.8M
Coca-ColaKO40.7040.9140.5640.7617.2M
Cisco SystemsCSCO23.6223.8123.6023.7616.9M
SchlumbergerSLB95.3195.3192.4593.5215.3M
MerckMRK56.9157.2455.9256.4514.4M
ComcastCMCSA54.2154.5453.8254.0513.3M
Verizon CommunicationsVZ48.7849.5448.7349.4213.1M
General MotorsGM30.1530.4929.8230.0812.8M
Wells Fargo & Co.WFC51.3151.3651.0151.3111.7M
Gilead SciencesGILD110.77112.99108.87112.5911.5M
ExxonMobilXOM93.8593.8592.7793.7111.4M
JPMorgan ChaseJPM58.4558.7958.2558.6411.1M
Procter & GamblePG84.9686.4884.8385.9510.3M
HP Inc.HPQ34.9535.4134.8035.3010.1M
Oracle Corp.ORCL38.5038.7238.3538.437.53M
ConocoPhillipsCOP69.0269.1768.2668.837.49M
Bristol-Myers SquibbBMY53.6754.0053.0953.537.45M
Johnson & JohnsonJNJ103.07104.24103.04104.077.04M
ChevronCVX114.38115.37113.46115.026.72M
AmazonAMZN285.70290.42285.02289.975.95M
Walt Disney & Co.DIS88.4788.9988.2488.455.64M
International Business MachinesIBM162.00162.91161.81161.874.99M
Home DepotHD94.9695.6894.7195.474.47M
AltriaMO47.5547.9447.4947.644.35M
AmgenAMGN146.70148.47146.11148.204.17M
Wal-Mart StoresWMT76.3376.9876.3176.594.11M
McDonald'sMCD91.5292.0991.5092.014.08M
UnitedHealth GroupUNH91.4392.2891.3892.133.95M
Abbott LaboratoriesABT42.4342.4842.0442.243.94M
Union PacificUNP114.39114.94113.37114.793.67M
PepsicoPEP94.4895.2494.3194.623.14M
United TechnologiesUTX103.79104.30103.49104.192.96M
BoeingBA122.13122.23121.26122.122.94M
3MMMM148.09149.71147.34149.562.84M
Berkshire HathawayBRK.B139.19139.65138.94139.532.81M
VisaV213.06214.73212.21213.411.66M
AlphabetGOOGL547.76554.00547.20549.881.6M
Exchange Rates of October 27, 2014
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 107.840 JPY1 JPY = 0.009 USD
US DollarCanadian Dollar1 USD = 1.125 CAD1 CAD = 0.889 USD
US DollarSwiss Franc1 USD = 0.950 CHF1 CHF = 1.053 USD
US DollarChinese Yuan1 USD = 6.117 CNY1 CNY = 0.163 USD
EuroJapanese Yen1 EUR = 136.930 JPY1 JPY = 0.007 EUR
EuroPound Sterling1 EUR = 0.788 GBP1 GBP = 1.270 EUR
EuroAustralian Dollar1 EUR = 1.442 AUD1 AUD = 0.693 EUR
EuroCanadian Dollar1 EUR = 1.429 CAD1 CAD = 0.700 EUR
EuroSwiss Franc1 EUR = 1.206 CHF1 CHF = 0.829 EUR
EuroChinese Yuan1 EUR = 7.765 CNY1 CNY = 0.129 EUR
Japanese YenPound Sterling1 JPY = 0.575 GBP1 GBP = 1.739 JPY
Japanese YenAustralian Dollar1 JPY = 1.053 AUD1 AUD = 0.950 JPY
Japanese YenCanadian Dollar1 JPY = 1.043 CAD1 CAD = 0.959 JPY
Japanese YenSwiss Franc1 JPY = 0.880 CHF1 CHF = 1.136 JPY
Pound SterlingAustralian Dollar1 GBP = 1.831 AUD1 AUD = 0.546 GBP
Pound SterlingCanadian Dollar1 GBP = 1.813 CAD1 CAD = 0.552 GBP
Pound SterlingSwiss Franc1 GBP = 1.530 CHF1 CHF = 0.654 GBP
Pound SterlingChinese Yuan1 GBP = 9.857 CNY1 CNY = 0.101 GBP
Australian DollarCanadian Dollar1 AUD = 0.990 CAD1 CAD = 1.010 AUD
Australian DollarSwiss Franc1 AUD = 0.836 CHF1 CHF = 1.197 AUD
Australian DollarChinese Yuan1 AUD = 5.383 CNY1 CNY = 0.186 AUD
Canadian DollarSwiss Franc1 CAD = 0.844 CHF1 CHF = 1.185 CAD
Canadian DollarChinese Yuan1 CAD = 5.436 CNY1 CNY = 0.184 CAD
Swiss FrancChinese Yuan1 CHF = 6.440 CNY1 CNY = 0.155 CHF

See what else happened on October 27, 2014