Financial news on January 29, 2014

Business and Financial news
Alan B. Abramson

Vivian Marino 30-Minute Interview with Abramson Brothers president and chief executive Alan B Abramson, who discusses working with his son in New York City's commercial real estate business. Read more..

By VIVIAN MARINO - The New York Times

As I Was Saying About Web Journalism ... a Bubble, or a Lasting Business?

Ezra Klein’s decision to leave The Washington Post for Vox Media reflects the growing influence of new players in online journalism. Read more..

By DAVID CARR - The New York Times

Comcast Profits Up Sharply, Along With TV Subscribers

Comcast reports fourth-quarter revenue of $6.5 billion, up 7.5 percent from one year earlier; company added 43,000 TV subscribers, halting more than 26 consecutive quarters of losses. Read more..

By RAVI SOMAIYA - The New York Times

Confronting Old Problem May Require a New Deal

Eduardo Porter Economic Scene column compares Today's persistent unemployment to that in the 1930s, noting that Pres Franklin Delano Roosevelt responded in his era by instituting the New Deal; explores ways in which public infrastructure projects could help jump start employment among older and unskilled workers today. Read more..

By EDUARDO PORTER - The New York Times

Outsiders, Not Auto Plant, Battle U.A.W. in Tennessee

Unionization drive at Volkswagen plant in rural Tennessee has drawn national attention as outside business groups combat organized labor's first attempt to gain foothold at foreign-owned auto plant in the South; VW's surprising decision not to oppose the United Automobile Workers has only increased anxiety. Read more..

By STEVEN GREENHOUSE - The New York Times

TV Stations in Los Angeles to Share a Channel to Free Up Spectrum

Los Angeles broadcast television stations KLCS and KJLA will become first participants in pilot program meant to show that channels can be squeezed together in order to free up space on the electromagnetic spectrum; wireless companies are eager to purchase spectrum space for use in high-speed wireless Internet connections. Read more..

By EDWARD WYATT - The New York Times

Wall St. Climbs as Worries on Emerging Markets Fade

Stocks rise following three days of losses as investor concerns about slow growth in China and other emerging markets appears to fade. Read more..

By THE ASSOCIATED PRESS - The New York Times

Wheelies: The Export Import Edition

Honda becomes Japan’s first net exporter from the United States, and Thai police say Karl Slym argued with his wife before committing suicide. Read more..

By BENJAMIN PRESTON - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Facebook FB 54.61 54.95 53.19 53.53 93M
AT&T Inc. T 32.40 33.55 32.01 33.31 83.1M
Microsoft MSFT 35.98 36.88 35.90 36.66 52.7M
General Electric GE 25.34 25.52 25.16 25.29 39.6M
Cisco Systems CSCO 21.62 21.84 21.60 21.65 35.4M
Pfizer PFE 30.24 30.46 30.00 30.11 29.2M
Intel INTC 24.75 24.96 24.63 24.68 27.1M
JPMorgan Chase JPM 54.96 55.87 54.85 55.53 25.5M
Verizon Communications VZ 47.00 47.98 46.69 47.69 25M
Coca-Cola KO 38.57 38.57 37.82 37.90 23.8M
Wells Fargo & Co. WFC 45.63 46.21 45.49 45.59 20.4M
Merck MRK 52.70 52.84 51.78 52.21 19.3M
Apple AAPL 503.95 507.37 498.62 500.75 18M
General Motors GM 36.06 36.96 36.01 36.35 17.5M
Oracle Corp. ORCL 37.18 37.25 36.71 36.97 16.6M
Boeing BA 131.70 131.76 128.07 129.78 16M
Comcast CMCSA 53.28 53.46 52.51 53.06 15.2M
Altria MO 36.68 36.69 36.16 36.43 14.4M
HP Inc. HPQ 28.92 29.15 28.75 29.02 13.9M
Procter & Gamble PG 78.80 78.80 77.38 77.64 13.4M
ExxonMobil XOM 94.93 96.20 94.65 95.11 13.2M
Bristol-Myers Squibb BMY 50.72 51.23 49.85 50.22 11.3M
Johnson & Johnson JNJ 89.47 89.71 88.53 88.90 11.2M
Abbott Laboratories ABT 36.26 36.50 35.65 35.85 10.4M
Gilead Sciences GILD 80.01 81.09 78.96 79.85 10.1M
Home Depot HD 78.28 78.75 76.63 76.68 9.2M
Walt Disney & Co. DIS 71.97 72.24 71.12 71.33 8.6M
Wal-Mart Stores WMT 75.29 75.37 74.07 74.10 8.43M
McDonald's MCD 93.96 94.30 92.87 93.15 8.01M
Pepsico PEP 81.87 81.87 80.10 80.22 7.54M
Schlumberger SLB 87.08 87.52 86.43 87.30 6.66M
UnitedHealth Group UNH 71.39 72.96 70.84 71.26 6.01M
Amgen AMGN 117.00 121.16 117.00 119.17 5.73M
ConocoPhillips COP 66.17 66.21 65.34 65.82 5.67M
Chevron CVX 116.14 116.89 115.71 116.00 5.52M
International Business Machines IBM 175.98 178.53 175.89 176.40 4.97M
Alphabet GOOGL 1119.12 1121.75 1099.42 1106.92 4.76M
Visa V 219.10 220.74 216.50 217.12 4.2M
Berkshire Hathaway BRK.B 111.41 112.04 111.12 111.28 3.91M
United Technologies UTX 113.06 114.05 112.43 113.27 3.88M
3M MMM 130.10 131.27 129.00 130.25 3.58M
Amazon AMZN 392.16 392.85 383.24 384.20 3.38M
Union Pacific UNP 172.16 173.18 171.19 171.95 2.76M
Exchange Rates of January 29, 2014
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 102.270 JPY 1 JPY = 0.010 USD
US Dollar Canadian Dollar 1 USD = 1.117 CAD 1 CAD = 0.895 USD
US Dollar Swiss Franc 1 USD = 0.894 CHF 1 CHF = 1.118 USD
US Dollar Chinese Yuan 1 USD = 6.056 CNY 1 CNY = 0.165 USD
Euro Japanese Yen 1 EUR = 139.730 JPY 1 JPY = 0.007 EUR
Euro Pound Sterling 1 EUR = 0.825 GBP 1 GBP = 1.213 EUR
Euro Australian Dollar 1 EUR = 1.563 AUD 1 AUD = 0.640 EUR
Euro Canadian Dollar 1 EUR = 1.526 CAD 1 CAD = 0.655 EUR
Euro Swiss Franc 1 EUR = 1.222 CHF 1 CHF = 0.818 EUR
Euro Chinese Yuan 1 EUR = 8.273 CNY 1 CNY = 0.121 EUR
Japanese Yen Pound Sterling 1 JPY = 0.590 GBP 1 GBP = 1.695 JPY
Japanese Yen Australian Dollar 1 JPY = 1.118 AUD 1 AUD = 0.895 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.092 CAD 1 CAD = 0.916 JPY
Japanese Yen Swiss Franc 1 JPY = 0.874 CHF 1 CHF = 1.144 JPY
Pound Sterling Australian Dollar 1 GBP = 1.895 AUD 1 AUD = 0.528 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.850 CAD 1 CAD = 0.541 GBP
Pound Sterling Swiss Franc 1 GBP = 1.481 CHF 1 CHF = 0.675 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.029 CNY 1 CNY = 0.100 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.976 CAD 1 CAD = 1.025 AUD
Australian Dollar Swiss Franc 1 AUD = 0.781 CHF 1 CHF = 1.280 AUD
Australian Dollar Chinese Yuan 1 AUD = 5.291 CNY 1 CNY = 0.189 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.800 CHF 1 CHF = 1.250 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5.420 CNY 1 CNY = 0.184 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.768 CNY 1 CNY = 0.148 CHF

See what else happened on January 29, 2014