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..


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..


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

StockTicker symbolOpenHighLowCloseVolume
Cisco SystemsCSCO22,0922,5422,0522,3349.3M
General ElectricGE25,9026,0225,7825,8829.7M
Gilead SciencesGILD70,6271,1167,6368,5529.2M
Verizon CommunicationsVZ47,6347,9347,1547,4225.7M
AT&T Inc.T35,0835,1734,7735,0724.7M
General MotorsGM34,6435,0234,5634,7319.2M
Oracle Corp.ORCL39,5239,8639,1939,5718.4M
Wells Fargo & Co.WFC49,1449,6149,0549,2915M
JPMorgan ChaseJPM60,2160,5959,6860,0414.7M
HP Inc.HPQ32,1932,5531,9432,0411.1M
Johnson & JohnsonJNJ97,5198,2296,9697,448.82M
Procter & GamblePG79,9480,3279,5279,766.41M
Bristol-Myers SquibbBMY52,7153,0251,4751,826.32M
Abbott LaboratoriesABT38,5838,9938,2138,316.25M
Wal-Mart StoresWMT76,2676,6075,7776,015.87M
Walt Disney & Co.DIS78,7379,4678,3178,995.28M
International Business MachinesIBM189,94192,62189,11190,455.19M
Home DepotHD78,9279,5078,4978,725.13M
UnitedHealth GroupUNH81,4082,3581,2681,624.79M
Berkshire HathawayBRK.B123,83124,37123,03123,533.43M
United TechnologiesUTX114,20115,44114,12114,812.46M
Union PacificUNP183,80184,90183,52184,751.59M
Exchange Rates of March 28, 2014
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 102,800 JPY1 JPY = 0,010 USD
US DollarCanadian Dollar1 USD = 1,106 CAD1 CAD = 0,904 USD
US DollarSwiss Franc1 USD = 0,887 CHF1 CHF = 1,128 USD
US DollarChinese Yuan1 USD = 6,212 CNY1 CNY = 0,161 USD
EuroJapanese Yen1 EUR = 141,370 JPY1 JPY = 0,007 EUR
EuroPound Sterling1 EUR = 0,826 GBP1 GBP = 1,210 EUR
EuroAustralian Dollar1 EUR = 1,487 AUD1 AUD = 0,673 EUR
EuroCanadian Dollar1 EUR = 1,521 CAD1 CAD = 0,658 EUR
EuroSwiss Franc1 EUR = 1,219 CHF1 CHF = 0,820 EUR
EuroChinese Yuan1 EUR = 8,541 CNY1 CNY = 0,117 EUR
Japanese YenPound Sterling1 JPY = 0,584 GBP1 GBP = 1,712 JPY
Japanese YenAustralian Dollar1 JPY = 1,051 AUD1 AUD = 0,952 JPY
Japanese YenCanadian Dollar1 JPY = 1,075 CAD1 CAD = 0,930 JPY
Japanese YenSwiss Franc1 JPY = 0,862 CHF1 CHF = 1,160 JPY
Pound SterlingAustralian Dollar1 GBP = 1,799 AUD1 AUD = 0,556 GBP
Pound SterlingCanadian Dollar1 GBP = 1,840 CAD1 CAD = 0,543 GBP
Pound SterlingSwiss Franc1 GBP = 1,475 CHF1 CHF = 0,678 GBP
Pound SterlingChinese Yuan1 GBP = 10,335 CNY1 CNY = 0,097 GBP
Australian DollarCanadian Dollar1 AUD = 1,022 CAD1 CAD = 0,979 AUD
Australian DollarSwiss Franc1 AUD = 0,820 CHF1 CHF = 1,220 AUD
Australian DollarChinese Yuan1 AUD = 5,744 CNY1 CNY = 0,174 AUD
Canadian DollarSwiss Franc1 CAD = 0,801 CHF1 CHF = 1,248 CAD
Canadian DollarChinese Yuan1 CAD = 5,615 CNY1 CNY = 0,178 CAD
Swiss FrancChinese Yuan1 CHF = 7,002 CNY1 CNY = 0,143 CHF

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