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

StockTicker symbolOpenHighLowCloseVolume
FacebookFB54.6154.9553.1953.5393M
AT&T Inc.T32.4033.5532.0133.3183.1M
MicrosoftMSFT35.9836.8835.9036.6652.7M
General ElectricGE25.3425.5225.1625.2939.6M
Cisco SystemsCSCO21.6221.8421.6021.6535.4M
PfizerPFE30.2430.4630.0030.1129.2M
IntelINTC24.7524.9624.6324.6827.1M
JPMorgan ChaseJPM54.9655.8754.8555.5325.5M
Verizon CommunicationsVZ47.0047.9846.6947.6925M
Coca-ColaKO38.5738.5737.8237.9023.8M
Wells Fargo & Co.WFC45.6346.2145.4945.5920.4M
MerckMRK52.7052.8451.7852.2119.3M
AppleAAPL503.95507.37498.62500.7518M
General MotorsGM36.0636.9636.0136.3517.5M
Oracle Corp.ORCL37.1837.2536.7136.9716.6M
BoeingBA131.70131.76128.07129.7816M
ComcastCMCSA53.2853.4652.5153.0615.2M
AltriaMO36.6836.6936.1636.4314.4M
HP Inc.HPQ28.9229.1528.7529.0213.9M
Procter & GamblePG78.8078.8077.3877.6413.4M
ExxonMobilXOM94.9396.2094.6595.1113.2M
Bristol-Myers SquibbBMY50.7251.2349.8550.2211.3M
Johnson & JohnsonJNJ89.4789.7188.5388.9011.2M
Abbott LaboratoriesABT36.2636.5035.6535.8510.4M
Gilead SciencesGILD80.0181.0978.9679.8510.1M
Home DepotHD78.2878.7576.6376.689.2M
Walt Disney & Co.DIS71.9772.2471.1271.338.6M
Wal-Mart StoresWMT75.2975.3774.0774.108.43M
McDonald'sMCD93.9694.3092.8793.158.01M
PepsicoPEP81.8781.8780.1080.227.54M
SchlumbergerSLB87.0887.5286.4387.306.66M
UnitedHealth GroupUNH71.3972.9670.8471.266.01M
AmgenAMGN117.00121.16117.00119.175.73M
ConocoPhillipsCOP66.1766.2165.3465.825.67M
ChevronCVX116.14116.89115.71116.005.52M
International Business MachinesIBM175.98178.53175.89176.404.97M
AlphabetGOOGL1119.121121.751099.421106.924.76M
VisaV219.10220.74216.50217.124.2M
Berkshire HathawayBRK.B111.41112.04111.12111.283.91M
United TechnologiesUTX113.06114.05112.43113.273.88M
3MMMM130.10131.27129.00130.253.58M
AmazonAMZN392.16392.85383.24384.203.38M
Union PacificUNP172.16173.18171.19171.952.76M
Exchange Rates of January 29, 2014
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 102.270 JPY1 JPY = 0.010 USD
US DollarCanadian Dollar1 USD = 1.117 CAD1 CAD = 0.895 USD
US DollarSwiss Franc1 USD = 0.894 CHF1 CHF = 1.118 USD
US DollarChinese Yuan1 USD = 6.056 CNY1 CNY = 0.165 USD
EuroJapanese Yen1 EUR = 139.730 JPY1 JPY = 0.007 EUR
EuroPound Sterling1 EUR = 0.825 GBP1 GBP = 1.213 EUR
EuroAustralian Dollar1 EUR = 1.563 AUD1 AUD = 0.640 EUR
EuroCanadian Dollar1 EUR = 1.526 CAD1 CAD = 0.655 EUR
EuroSwiss Franc1 EUR = 1.222 CHF1 CHF = 0.818 EUR
EuroChinese Yuan1 EUR = 8.273 CNY1 CNY = 0.121 EUR
Japanese YenPound Sterling1 JPY = 0.590 GBP1 GBP = 1.695 JPY
Japanese YenAustralian Dollar1 JPY = 1.118 AUD1 AUD = 0.895 JPY
Japanese YenCanadian Dollar1 JPY = 1.092 CAD1 CAD = 0.916 JPY
Japanese YenSwiss Franc1 JPY = 0.874 CHF1 CHF = 1.144 JPY
Pound SterlingAustralian Dollar1 GBP = 1.895 AUD1 AUD = 0.528 GBP
Pound SterlingCanadian Dollar1 GBP = 1.850 CAD1 CAD = 0.541 GBP
Pound SterlingSwiss Franc1 GBP = 1.481 CHF1 CHF = 0.675 GBP
Pound SterlingChinese Yuan1 GBP = 10.029 CNY1 CNY = 0.100 GBP
Australian DollarCanadian Dollar1 AUD = 0.976 CAD1 CAD = 1.025 AUD
Australian DollarSwiss Franc1 AUD = 0.781 CHF1 CHF = 1.280 AUD
Australian DollarChinese Yuan1 AUD = 5.291 CNY1 CNY = 0.189 AUD
Canadian DollarSwiss Franc1 CAD = 0.800 CHF1 CHF = 1.250 CAD
Canadian DollarChinese Yuan1 CAD = 5.420 CNY1 CNY = 0.184 CAD
Swiss FrancChinese Yuan1 CHF = 6.768 CNY1 CNY = 0.148 CHF

See what else happened on January 29, 2014