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

Stock Ticker symbol Open High Low Close Volume
Apple AAPL 104.85 105.48 104.70 105.11 34.2M
Microsoft MSFT 45.71 46.10 45.71 45.91 30.4M
Facebook FB 80.74 80.80 79.76 80.28 30.2M
AT&T Inc. T 33.88 34.24 33.86 34.11 25.4M
Intel INTC 33.08 33.30 32.77 33.20 23.8M
Pfizer PFE 29.09 29.21 28.95 29.03 23M
General Electric GE 25.66 25.70 25.38 25.52 19.8M
Coca-Cola KO 40.70 40.91 40.56 40.76 17.2M
Cisco Systems CSCO 23.62 23.81 23.60 23.76 16.9M
Schlumberger SLB 95.31 95.31 92.45 93.52 15.3M
Merck MRK 56.91 57.24 55.92 56.45 14.4M
Comcast CMCSA 54.21 54.54 53.82 54.05 13.3M
Verizon Communications VZ 48.78 49.54 48.73 49.42 13.1M
General Motors GM 30.15 30.49 29.82 30.08 12.8M
Wells Fargo & Co. WFC 51.31 51.36 51.01 51.31 11.7M
Gilead Sciences GILD 110.77 112.99 108.87 112.59 11.5M
ExxonMobil XOM 93.85 93.85 92.77 93.71 11.4M
JPMorgan Chase JPM 58.45 58.79 58.25 58.64 11.1M
Procter & Gamble PG 84.96 86.48 84.83 85.95 10.3M
HP Inc. HPQ 34.95 35.41 34.80 35.30 10.1M
Oracle Corp. ORCL 38.50 38.72 38.35 38.43 7.53M
ConocoPhillips COP 69.02 69.17 68.26 68.83 7.49M
Bristol-Myers Squibb BMY 53.67 54.00 53.09 53.53 7.45M
Johnson & Johnson JNJ 103.07 104.24 103.04 104.07 7.04M
Chevron CVX 114.38 115.37 113.46 115.02 6.72M
Amazon AMZN 285.70 290.42 285.02 289.97 5.95M
Walt Disney & Co. DIS 88.47 88.99 88.24 88.45 5.64M
International Business Machines IBM 162.00 162.91 161.81 161.87 4.99M
Home Depot HD 94.96 95.68 94.71 95.47 4.47M
Altria MO 47.55 47.94 47.49 47.64 4.35M
Amgen AMGN 146.70 148.47 146.11 148.20 4.17M
Wal-Mart Stores WMT 76.33 76.98 76.31 76.59 4.11M
McDonald's MCD 91.52 92.09 91.50 92.01 4.08M
UnitedHealth Group UNH 91.43 92.28 91.38 92.13 3.95M
Abbott Laboratories ABT 42.43 42.48 42.04 42.24 3.94M
Union Pacific UNP 114.39 114.94 113.37 114.79 3.67M
Pepsico PEP 94.48 95.24 94.31 94.62 3.14M
United Technologies UTX 103.79 104.30 103.49 104.19 2.96M
Boeing BA 122.13 122.23 121.26 122.12 2.94M
3M MMM 148.09 149.71 147.34 149.56 2.84M
Berkshire Hathaway BRK.B 139.19 139.65 138.94 139.53 2.81M
Visa V 213.06 214.73 212.21 213.41 1.66M
Alphabet GOOGL 547.76 554.00 547.20 549.88 1.6M
Exchange Rates of October 27, 2014
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 107.840 JPY 1 JPY = 0.009 USD
US Dollar Canadian Dollar 1 USD = 1.125 CAD 1 CAD = 0.889 USD
US Dollar Swiss Franc 1 USD = 0.950 CHF 1 CHF = 1.053 USD
US Dollar Chinese Yuan 1 USD = 6.117 CNY 1 CNY = 0.163 USD
Euro Japanese Yen 1 EUR = 136.930 JPY 1 JPY = 0.007 EUR
Euro Pound Sterling 1 EUR = 0.788 GBP 1 GBP = 1.270 EUR
Euro Australian Dollar 1 EUR = 1.442 AUD 1 AUD = 0.693 EUR
Euro Canadian Dollar 1 EUR = 1.429 CAD 1 CAD = 0.700 EUR
Euro Swiss Franc 1 EUR = 1.206 CHF 1 CHF = 0.829 EUR
Euro Chinese Yuan 1 EUR = 7.765 CNY 1 CNY = 0.129 EUR
Japanese Yen Pound Sterling 1 JPY = 0.575 GBP 1 GBP = 1.739 JPY
Japanese Yen Australian Dollar 1 JPY = 1.053 AUD 1 AUD = 0.950 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.043 CAD 1 CAD = 0.959 JPY
Japanese Yen Swiss Franc 1 JPY = 0.880 CHF 1 CHF = 1.136 JPY
Pound Sterling Australian Dollar 1 GBP = 1.831 AUD 1 AUD = 0.546 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.813 CAD 1 CAD = 0.552 GBP
Pound Sterling Swiss Franc 1 GBP = 1.530 CHF 1 CHF = 0.654 GBP
Pound Sterling Chinese Yuan 1 GBP = 9.857 CNY 1 CNY = 0.101 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.990 CAD 1 CAD = 1.010 AUD
Australian Dollar Swiss Franc 1 AUD = 0.836 CHF 1 CHF = 1.197 AUD
Australian Dollar Chinese Yuan 1 AUD = 5.383 CNY 1 CNY = 0.186 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.844 CHF 1 CHF = 1.185 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5.436 CNY 1 CNY = 0.184 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.440 CNY 1 CNY = 0.155 CHF

See what else happened on October 27, 2014