Financial news on March 28, 2014

Business and Financial news
At Big on Mars, Trying to Get a Handle on Tomorrow’s Tech

Advertising column; Digitaria, digital agency known for developing websites and mobile platforms, is starting a unit devoted solely to mobile technology; plans to eventually spin off unit, called Big on Mars. Read more..

By STUART ELLIOTT - The New York Times

At Upfronts, E! Network Again Promises Its First Scripted Series

“The Royals,” set in modern-day Britain with a fictional royal family, has been introduced to advertisers before. Now the plan is for a debut in 2015. Read more..

By STUART ELLIOTT - The New York Times

Aviva's Asset Manager to Sell One of Its U.S. Businesses

The British insurer said its asset management arm would sell River Road Asset Management, the Kentucky-based institutional investment management firm, to Affiliated Managers Group for an undisclosed amount. Read more..

By CHAD BRAY - The New York Times

‘Duck Dynasty’ Ends Season With a Sharp Decline in Viewership

The A&E reality series drew six million viewers for its finale on Wednesday, down from 8.4 million for the finale in the fall cycle of the show. Read more..

By BILL CARTER - The New York Times

Pleas by 'Dewey Seven' Reveal Details on Financial Manipulation

The unsealed pleas of seven former lower-level employees of Dewey & LeBoeuf indicate that they came from much different backgrounds than many of the high-powered lawyers at the once-prominent New York firm. Read more..

By MATTHEW GOLDSTEIN - The New York Times

Shareholders of Brazil's Oi Approve Capital Increase

Oi, Brazil’s largest fixed-line provider and fourth-largest mobile phone operator, took a step closer to a merger with Portugal Telecom. Read more..

By VINOD SREEHARSHA - The New York Times

Specialty Insurer Brit Raises Nearly $400 Million in London I.P.O.

The insurer, which is based in the Netherlands, is the latest private equity-owned company to seek to publicly float its stock in recent months. Read more..

By CHAD BRAY - The New York Times

Technology Leads Shares Lower for a 2nd Day

Stock market edges lower for a second day as investors continue to retreat from technology stocks; Nasdaq composite index closes at its lowest level in six weeks. Read more..

By THE ASSOCIATED PRESS - The New York Times

Tweets About Music to Get Their Own Billboard Chart

Twitter and Billboard plan to create the Billboard Twitter Real-Time Charts--continuously updated lists of the songs being discussed and shared the most on Twitter in the United States; feature is expected to be introduced in May. Read more..

By BEN SISARIO - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Facebook FB 61.34 61.95 59.34 60.01 67.1M
Cisco Systems CSCO 22.09 22.54 22.05 22.33 49.3M
Microsoft MSFT 39.79 40.64 39.68 40.30 43.5M
General Electric GE 25.90 26.02 25.78 25.88 29.7M
Gilead Sciences GILD 70.62 71.11 67.63 68.55 29.2M
Verizon Communications VZ 47.63 47.93 47.15 47.42 25.7M
AT&T Inc. T 35.08 35.17 34.77 35.07 24.7M
Intel INTC 25.41 25.81 25.32 25.62 22.9M
Pfizer PFE 32.20 32.48 31.74 31.88 22M
General Motors GM 34.64 35.02 34.56 34.73 19.2M
Oracle Corp. ORCL 39.52 39.86 39.19 39.57 18.4M
Comcast CMCSA 49.39 49.84 49.01 49.56 16M
Wells Fargo & Co. WFC 49.14 49.61 49.05 49.29 15M
JPMorgan Chase JPM 60.21 60.59 59.68 60.04 14.7M
ExxonMobil XOM 96.47 97.97 96.47 97.70 12.3M
Coca-Cola KO 38.89 39.03 38.82 38.95 11.5M
HP Inc. HPQ 32.19 32.55 31.94 32.04 11.1M
Merck MRK 56.21 56.96 55.77 55.98 8.96M
Johnson & Johnson JNJ 97.51 98.22 96.96 97.44 8.82M
Schlumberger SLB 96.69 98.45 96.49 97.57 7.8M
Apple AAPL 538.32 538.94 534.25 536.86 7.16M
Procter & Gamble PG 79.94 80.32 79.52 79.76 6.41M
Bristol-Myers Squibb BMY 52.71 53.02 51.47 51.82 6.32M
Abbott Laboratories ABT 38.58 38.99 38.21 38.31 6.25M
Chevron CVX 118.13 118.55 117.70 118.50 5.88M
Wal-Mart Stores WMT 76.26 76.60 75.77 76.01 5.87M
ConocoPhillips COP 69.43 70.40 69.17 70.35 5.76M
Walt Disney & Co. DIS 78.73 79.46 78.31 78.99 5.28M
Altria MO 37.31 37.36 36.97 37.12 5.25M
International Business Machines IBM 189.94 192.62 189.11 190.45 5.19M
Home Depot HD 78.92 79.50 78.49 78.72 5.13M
UnitedHealth Group UNH 81.40 82.35 81.26 81.62 4.79M
Alphabet GOOGL 1119.00 1133.19 1117.77 1120.15 4.51M
McDonald's MCD 96.27 97.44 96.21 97.24 4.34M
Pepsico PEP 82.70 83.21 82.70 82.95 4.08M
Amazon AMZN 340.05 347.00 336.08 338.29 3.99M
Visa V 214.48 216.34 210.52 212.09 3.74M
Berkshire Hathaway BRK.B 123.83 124.37 123.03 123.53 3.43M
Amgen AMGN 122.27 124.12 120.38 120.55 3.25M
Boeing BA 123.78 125.19 123.52 124.46 2.86M
United Technologies UTX 114.20 115.44 114.12 114.81 2.46M
3M MMM 133.58 134.97 133.18 134.20 1.91M
Union Pacific UNP 183.80 184.90 183.52 184.75 1.59M
Exchange Rates of March 28, 2014
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 102.800 JPY 1 JPY = 0.010 USD
US Dollar Canadian Dollar 1 USD = 1.106 CAD 1 CAD = 0.904 USD
US Dollar Swiss Franc 1 USD = 0.887 CHF 1 CHF = 1.128 USD
US Dollar Chinese Yuan 1 USD = 6.212 CNY 1 CNY = 0.161 USD
Euro Japanese Yen 1 EUR = 141.370 JPY 1 JPY = 0.007 EUR
Euro Pound Sterling 1 EUR = 0.826 GBP 1 GBP = 1.210 EUR
Euro Australian Dollar 1 EUR = 1.487 AUD 1 AUD = 0.673 EUR
Euro Canadian Dollar 1 EUR = 1.521 CAD 1 CAD = 0.658 EUR
Euro Swiss Franc 1 EUR = 1.219 CHF 1 CHF = 0.820 EUR
Euro Chinese Yuan 1 EUR = 8.541 CNY 1 CNY = 0.117 EUR
Japanese Yen Pound Sterling 1 JPY = 0.584 GBP 1 GBP = 1.712 JPY
Japanese Yen Australian Dollar 1 JPY = 1.051 AUD 1 AUD = 0.952 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.075 CAD 1 CAD = 0.930 JPY
Japanese Yen Swiss Franc 1 JPY = 0.862 CHF 1 CHF = 1.160 JPY
Pound Sterling Australian Dollar 1 GBP = 1.799 AUD 1 AUD = 0.556 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.840 CAD 1 CAD = 0.543 GBP
Pound Sterling Swiss Franc 1 GBP = 1.475 CHF 1 CHF = 0.678 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.335 CNY 1 CNY = 0.097 GBP
Australian Dollar Canadian Dollar 1 AUD = 1.022 CAD 1 CAD = 0.979 AUD
Australian Dollar Swiss Franc 1 AUD = 0.820 CHF 1 CHF = 1.220 AUD
Australian Dollar Chinese Yuan 1 AUD = 5.744 CNY 1 CNY = 0.174 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.801 CHF 1 CHF = 1.248 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5.615 CNY 1 CNY = 0.178 CAD
Swiss Franc Chinese Yuan 1 CHF = 7.002 CNY 1 CNY = 0.143 CHF

See what else happened on March 28, 2014