Financial news on August 28, 2013

Business and Financial news
Across China, Skyscrapers Brush the Heavens

China is home to 60 of the world’s 100 tallest buildings now under construction, but the scale and speed of the projects have caused concern; world's tallest building at 202 stories is slated for completion in early 2014 in Changsha after only four months of assembly. Read more..

By KEITH BRADSHER - The New York Times

A Loss of Community

Neighborhoods across the country are being transformed, as houses built for homeowners are turned into rental properties. Residents of one such community in Memphis, Tenn., discuss the changes. Read more..

Mac William Bishop and Shaila Dewan - The New York Times

Assessing the Costs of Caring for an Aging Relative

Studies of Americans who take on in-home care are documenting health and financial repercussions. Read more..

By ANN CARRNS - The New York Times

Foreign Couple in China Face Charges Over Business Practices

Shanghai police announce arrest of American woman, Yu Yingzeng, and her British husband, Peter Humphrey, on charges of illegally gathering personal information as part of their work advising foreign companies on investment risks and fraud in China. Read more..

By CHRIS BUCKLEY - The New York Times

In Fantasy and Reality, It’s a Frenzy for Football

Advertising column; football has become critical to the American advertising-industrial complex; agencies have been developing campaigns centered on start of the 2013-14 professional and college football seasons along with virtual sport of fantasy football. Read more..

By STUART ELLIOTT - The New York Times

Judge Wants Narrow Focus in Apple Price-Fixing Penalty

United States District Court Judge Denise L Cote, saying she wishes to 'intrude as little as possible' on Apple's business, says she wants to narrowly focus company's proposed punishment for illegal price fixing of e-books. Read more..

By JULIE BOSMAN - The New York Times

Lesley Bamberger

Vivian Marino 30-Minute Interview with Lesley Bamberger, chief executive of the Kroonenberg Groep, large Dutch real estate development and investment company; he discusses firm's first condominium project in New York. Read more..

By VIVIAN MARINO - The New York Times

Wall Street Is Dragged Down by Fears of U.S. Strike on Syria

Fears of escalating conflict in Syria ripples across financial markets, sinking stocks, lifting gold and pushing oil to its highest price in a year and a half. Read more..

By THE ASSOCIATED PRESS - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Facebook FB 39.96 40.85 39.88 40.55 57.9M
Microsoft MSFT 33.39 33.60 33.00 33.02 44.3M
Pfizer PFE 27.95 28.49 27.81 28.21 29.2M
General Electric GE 23.16 23.40 23.16 23.20 28.9M
Intel INTC 22.20 22.41 22.13 22.29 28.1M
Cisco Systems CSCO 23.55 23.58 23.38 23.45 28M
Coca-Cola KO 38.06 38.53 38.05 38.35 19.2M
JPMorgan Chase JPM 50.33 51.05 50.13 50.58 18.7M
HP Inc. HPQ 22.03 22.65 22.02 22.61 18.4M
ExxonMobil XOM 87.28 88.99 87.28 88.84 17.7M
AT&T Inc. T 33.70 33.84 33.58 33.58 16.7M
Oracle Corp. ORCL 31.79 31.91 31.66 31.66 15.9M
Wells Fargo & Co. WFC 41.09 41.58 40.98 41.25 13.9M
Comcast CMCSA 41.77 42.21 41.45 41.92 12.7M
Apple AAPL 486.00 495.80 486.00 490.90 11M
Merck MRK 46.78 47.40 46.47 47.09 9.81M
General Motors GM 33.57 34.16 33.50 33.92 9.11M
Procter & Gamble PG 77.86 77.86 76.85 76.85 9.01M
Altria MO 33.90 33.90 33.57 33.60 8.99M
Gilead Sciences GILD 58.83 61.04 58.50 60.44 8.86M
Johnson & Johnson JNJ 86.36 86.91 85.88 86.53 8.83M
Chevron CVX 119.46 122.36 119.46 121.81 7.62M
Abbott Laboratories ABT 33.97 34.04 33.73 33.75 7.26M
Walt Disney & Co. DIS 60.44 61.15 60.41 60.81 7.16M
Home Depot HD 74.11 75.32 74.01 75.03 7.08M
Verizon Communications VZ 46.88 46.92 46.54 46.56 6.8M
ConocoPhillips COP 66.18 67.33 66.18 66.77 6.66M
Bristol-Myers Squibb BMY 41.69 42.17 41.37 42.03 6.1M
Wal-Mart Stores WMT 72.66 72.86 72.27 72.38 5.61M
Schlumberger SLB 81.40 83.33 81.24 82.68 5.51M
McDonald's MCD 95.00 96.33 95.00 96.08 5.48M
Pepsico PEP 78.96 79.68 78.94 79.37 5.06M
International Business Machines IBM 182.68 183.47 181.10 182.16 3.98M
Visa V 173.37 175.79 173.37 175.21 3.92M
UnitedHealth Group UNH 71.40 72.16 71.35 71.54 3.3M
Berkshire Hathaway BRK.B 111.16 112.83 111.11 112.20 3.14M
Amgen AMGN 108.60 110.10 108.30 109.20 3.04M
Boeing BA 103.10 103.82 102.57 103.27 2.82M
Alphabet GOOGL 850.25 855.41 847.77 848.55 2.66M
United Technologies UTX 99.79 100.38 99.71 99.98 2.4M
Union Pacific UNP 152.95 154.66 152.04 154.00 1.67M
3M MMM 112.51 113.42 112.36 113.00 1.55M
Amazon AMZN 280.36 283.00 279.33 281.58 1.46M
Exchange Rates of August 28, 2013
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 97.710 JPY 1 JPY = 0.010 USD
US Dollar Canadian Dollar 1 USD = 1.049 CAD 1 CAD = 0.954 USD
US Dollar Swiss Franc 1 USD = 0.922 CHF 1 CHF = 1.085 USD
US Dollar Chinese Yuan 1 USD = 6.120 CNY 1 CNY = 0.163 USD
Euro Japanese Yen 1 EUR = 130.330 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.859 GBP 1 GBP = 1.164 EUR
Euro Australian Dollar 1 EUR = 1.492 AUD 1 AUD = 0.670 EUR
Euro Canadian Dollar 1 EUR = 1.399 CAD 1 CAD = 0.715 EUR
Euro Swiss Franc 1 EUR = 1.230 CHF 1 CHF = 0.813 EUR
Euro Chinese Yuan 1 EUR = 8.163 CNY 1 CNY = 0.123 EUR
Japanese Yen Pound Sterling 1 JPY = 0.659 GBP 1 GBP = 1.518 JPY
Japanese Yen Australian Dollar 1 JPY = 1.144 AUD 1 AUD = 0.874 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.073 CAD 1 CAD = 0.932 JPY
Japanese Yen Swiss Franc 1 JPY = 0.943 CHF 1 CHF = 1.060 JPY
Pound Sterling Australian Dollar 1 GBP = 1.737 AUD 1 AUD = 0.576 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.628 CAD 1 CAD = 0.614 GBP
Pound Sterling Swiss Franc 1 GBP = 1.431 CHF 1 CHF = 0.699 GBP
Pound Sterling Chinese Yuan 1 GBP = 9.502 CNY 1 CNY = 0.105 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.937 CAD 1 CAD = 1.067 AUD
Australian Dollar Swiss Franc 1 AUD = 0.824 CHF 1 CHF = 1.214 AUD
Australian Dollar Chinese Yuan 1 AUD = 5.472 CNY 1 CNY = 0.183 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.879 CHF 1 CHF = 1.138 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5.837 CNY 1 CNY = 0.171 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.636 CNY 1 CNY = 0.151 CHF

See what else happened on August 28, 2013