Financial news on August 29, 2014

Business and Financial news
American Bank Earnings Rise to $40.2 Billion

Federal Deposit Insurance Corp reports that bank earnings in the United States rose to $40.2 billion in the second quarter of 2014 as institutions set aside less money for possible loan losses and cut expenses. Read more..

By REUTERS - The New York Times

Apple Appeals Judge's Decision to Deny a Ban on Samsung Products

The smartphone giants Apple and Samsung have agreed to drop patent suits against each other outside the United States, but their fight here clearly isn’t over. Read more..

By BRIAN X. CHEN - The New York Times

Elizabeth M. Fowler, Financial Reporter for The Times, Dies at 95

Elizabeth M Fowler, author and financial reporter for The New York Times, dies at age 95. Read more..

By PAUL VITELLO - The New York Times

How to Manage Google Location Tracking

Plus, writing about yourself on Wikipedia. Read more..

By J. D. BIERSDORFER - The New York Times

London Debates the Virtues of High and Low

Critics dispute claims that high-rises will ease chronic housing shortages, and say towers actually will harm city life. Read more..

By RICHARD HOLLEDGE - The New York Times

Modernity in Historic Sardinia

A local architect's projects highlight recycled wood and open spaces. Read more..

By LIZA FOREMAN - The New York Times

Morning Agenda: Playing the Tax Game

American companies are finding new ways to avoid paying taxes. | Dueling scholarship funds in China. | Detecting fraud in China may be riskier than committing it. | Consumers get some relief at the gas pump. Read more..

By SYDNEY EMBER - The New York Times

Square Feeling Squeezed From All Sides

Increasing competition and the need to diversify into other businesses are putting pressure on Square, Robert Cyran writes for Reuters Breakingviews. Read more..

By ROBERT CYRAN - The New York Times

Will Germany Let Europe Save Itself?

With the German economy weakening because of the economic pain elsewhere on the Continent, Berlin may not be able to sustain its austerity mantra. Read more..

By ANATOLE KALETSKY | REUTERS - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Apple AAPL 102.86 102.90 102.20 102.50 44.6M
Intel INTC 34.81 34.94 34.67 34.92 32.3M
Facebook FB 74.30 74.82 74.01 74.82 26.2M
General Electric GE 26.03 26.09 25.90 25.98 21.9M
Microsoft MSFT 45.09 45.44 44.86 45.43 21.6M
Cisco Systems CSCO 24.90 24.99 24.76 24.99 18M
Pfizer PFE 29.46 29.49 29.29 29.39 16.8M
AT&T Inc. T 34.73 34.96 34.62 34.96 12.7M
Gilead Sciences GILD 107.90 108.24 106.78 107.56 11.3M
Verizon Communications VZ 49.43 49.82 49.40 49.82 11.3M
Oracle Corp. ORCL 41.24 41.73 41.24 41.53 8.97M
JPMorgan Chase JPM 59.34 59.65 59.23 59.45 8.9M
ExxonMobil XOM 99.38 99.67 98.72 99.46 8.87M
Wells Fargo & Co. WFC 51.27 51.47 51.18 51.44 8.86M
Home Depot HD 92.74 93.52 92.61 93.50 7.67M
Coca-Cola KO 41.60 41.75 41.47 41.72 7.67M
Comcast CMCSA 54.88 54.93 54.43 54.72 6.76M
HP Inc. HPQ 38.03 38.18 37.82 38.00 6.21M
Merck MRK 60.42 60.42 59.83 60.11 5.72M
General Motors GM 34.74 34.85 34.61 34.80 5.55M
Johnson & Johnson JNJ 103.10 103.76 103.01 103.73 5.29M
Wal-Mart Stores WMT 75.75 75.88 75.29 75.50 5.04M
Procter & Gamble PG 83.09 83.13 82.60 83.11 4.9M
United Technologies UTX 109.11 109.35 107.71 107.98 4.72M
McDonald's MCD 94.20 94.20 93.51 93.72 4.64M
Schlumberger SLB 110.29 110.38 109.17 109.64 4.59M
Abbott Laboratories ABT 42.41 42.41 42.06 42.24 4.38M
Walt Disney & Co. DIS 90.32 90.38 89.33 89.88 4.17M
Bristol-Myers Squibb BMY 50.67 50.68 50.30 50.65 4.02M
Visa V 214.56 215.00 212.10 212.52 3.66M
Pepsico PEP 92.73 92.91 92.01 92.49 3.66M
Altria MO 43.00 43.12 42.93 43.08 3.65M
Chevron CVX 129.00 129.53 128.50 129.45 3.52M
ConocoPhillips COP 80.87 81.23 80.66 81.22 3.41M
UnitedHealth Group UNH 86.75 87.23 86.35 86.68 3.3M
Boeing BA 127.35 127.35 126.05 126.80 3.03M
International Business Machines IBM 192.28 192.75 191.14 192.30 2.91M
Berkshire Hathaway BRK.B 136.18 137.25 136.01 137.25 2.9M
Amgen AMGN 139.45 139.73 138.31 139.38 2.36M
Amazon AMZN 341.76 341.82 337.68 339.04 1.94M
Union Pacific UNP 105.03 105.36 104.56 105.27 1.94M
3M MMM 144.06 144.39 143.18 144.00 1.54M
Alphabet GOOGL 582.35 582.90 578.24 582.36 1.21M
Exchange Rates of August 29, 2014
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 104.070 JPY 1 JPY = 0.010 USD
US Dollar Canadian Dollar 1 USD = 1.088 CAD 1 CAD = 0.919 USD
US Dollar Swiss Franc 1 USD = 0.918 CHF 1 CHF = 1.089 USD
US Dollar Chinese Yuan 1 USD = 6.143 CNY 1 CNY = 0.163 USD
Euro Japanese Yen 1 EUR = 136.670 JPY 1 JPY = 0.007 EUR
Euro Pound Sterling 1 EUR = 0.791 GBP 1 GBP = 1.264 EUR
Euro Australian Dollar 1 EUR = 1.405 AUD 1 AUD = 0.712 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 = 8.067 CNY 1 CNY = 0.124 EUR
Japanese Yen Pound Sterling 1 JPY = 0.579 GBP 1 GBP = 1.729 JPY
Japanese Yen Australian Dollar 1 JPY = 1.028 AUD 1 AUD = 0.973 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.045 CAD 1 CAD = 0.957 JPY
Japanese Yen Swiss Franc 1 JPY = 0.882 CHF 1 CHF = 1.134 JPY
Pound Sterling Australian Dollar 1 GBP = 1.777 AUD 1 AUD = 0.563 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.806 CAD 1 CAD = 0.554 GBP
Pound Sterling Swiss Franc 1 GBP = 1.524 CHF 1 CHF = 0.656 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.196 CNY 1 CNY = 0.098 GBP
Australian Dollar Canadian Dollar 1 AUD = 1.015 CAD 1 CAD = 0.985 AUD
Australian Dollar Swiss Franc 1 AUD = 0.857 CHF 1 CHF = 1.167 AUD
Australian Dollar Chinese Yuan 1 AUD = 5.737 CNY 1 CNY = 0.174 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.843 CHF 1 CHF = 1.186 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5.646 CNY 1 CNY = 0.177 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.687 CNY 1 CNY = 0.150 CHF

See what else happened on August 29, 2014