Financial news on October 29, 2014

Business and Financial news
Another College Expense: Preparing for the SAT and ACT

Test-preparation tutors and classes can be expensive, but there are less costly alternatives. Read more..

By ANN CARRNS - The New York Times

Bringing Lessons From a Pool in Pakistan to a Pitch Meeting With Investors

As a teenager in Pakistan, Shaan Kandawalla was not permitted to compete in the 1996 Olympics because of her gender. That background has prepared her to take on the male-dominated tech world. Read more..

By COLLEEN DEBAISE - The New York Times

Certain Traders May Get Early Looks at S.E.C. Filings, Paper Finds

Because of a lag in the S.E.C. website, investors that pay a subscription fee can gain access to public filings seconds before they are seen by the general public, long enough for high-frequency trading strategies, according to a new academic paper. Read more..

By WILLIAM ALDEN - The New York Times

Deutsche Bank Posts $117 Million Loss as Legal Costs Mount

Earnings at Germany’s largest bank had been expected to suffer after it said last week that it had set aside an additional $1.1 billion to cover legal costs. Read more..

By JACK EWING - The New York Times

Europe Strives to Overcome Its Reliance on Russian Gas

Much of Eastern Europe is vulnerable to cutoffs of gas, oil or coal by Moscow, a situation that has become more urgent with the crisis in Ukraine. Read more..

By DAVID BUCHAN - The New York Times

Hong Kong Ready for Trading Link With Shanghai

The head of Hong Kong’s stock market regulator said that his agency had done all it needed to do to start the project, suggesting delays were coming from mainland China. Read more..

By ALEXANDRA STEVENSON - The New York Times

Morning Agenda: Shake-Up at Deutsche Bank

Deutsche Bank reports third-quarter earnings and management shake-up. | Facebook plans to increase spending. | The Fed is expected to end its bond-buying program. | A lesson on saying “no” to a hostile bid. Read more..

By SYDNEY EMBER - The New York Times

Shell Midstream Partners Raises $920 Million in New York I.P.O.

The limited partnership, which owns stakes in a group of pipelines primarily in Louisiana and Texas, sold 40 million shares in the offering. Read more..

By CHAD BRAY - The New York Times

Turning Play-Doh Into an App

Shaan Kandawalla of PlayDate Digital creates educational apps for children, featuring iconic brands. Read more..

The Story Exchange - The New York Times

Unpacking the F.C.C.'s Online Video Proposal

A blog post by the commission’s chairman about expanding the definition of cable operator to include online video distributors seemed to raise as many questions as it answered. Read more..

By EDWARD WYATT - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Facebook FB 75.45 76.88 74.78 75.86 106M
Apple AAPL 106.65 107.37 106.36 107.34 52.7M
Microsoft MSFT 46.44 46.70 46.34 46.62 30.3M
General Electric GE 25.88 25.90 25.39 25.66 28.8M
Pfizer PFE 30.37 30.41 29.95 30.04 27.3M
Coca-Cola KO 42.30 42.54 41.99 42.31 25.8M
Intel INTC 33.76 33.97 33.51 33.92 24.6M
AT&T Inc. T 34.40 34.65 34.17 34.40 22.6M
Gilead Sciences GILD 109.85 113.43 108.00 110.72 21.2M
Cisco Systems CSCO 24.01 24.30 23.92 24.10 18.9M
JPMorgan Chase JPM 59.62 59.78 58.76 59.29 16.7M
Comcast CMCSA 54.59 54.93 54.35 54.90 16.6M
Wells Fargo & Co. WFC 51.84 52.27 51.68 52.17 16.5M
HP Inc. HPQ 35.53 36.00 35.04 35.38 14M
Merck MRK 56.02 56.61 55.63 56.20 12.5M
ExxonMobil XOM 95.42 95.98 93.62 94.59 12.4M
Verizon Communications VZ 50.05 50.25 49.55 49.83 11.7M
General Motors GM 31.20 31.33 30.35 30.72 11.6M
Oracle Corp. ORCL 38.73 38.74 38.46 38.58 10.9M
Johnson & Johnson JNJ 105.00 105.56 104.86 105.56 8.19M
ConocoPhillips COP 69.95 70.25 68.98 69.88 7.75M
Schlumberger SLB 97.87 98.66 96.45 97.41 7.38M
Altria MO 47.66 47.90 47.31 47.57 7.25M
Amgen AMGN 157.91 159.72 156.91 158.88 7.07M
Procter & Gamble PG 86.67 86.67 85.91 86.54 6.88M
Chevron CVX 118.00 118.93 116.10 117.14 6.87M
Bristol-Myers Squibb BMY 54.15 54.19 53.62 54.16 6.61M
Wal-Mart Stores WMT 76.55 76.64 75.97 76.39 5.76M
Walt Disney & Co. DIS 89.84 90.25 88.95 89.53 5.44M
McDonald's MCD 92.65 93.12 92.00 92.73 5.3M
Amazon AMZN 299.11 299.61 293.07 294.12 4.88M
International Business Machines IBM 164.33 164.62 162.76 163.46 4.74M
UnitedHealth Group UNH 95.57 96.01 95.02 95.80 4.33M
Home Depot HD 96.62 97.25 95.80 96.42 4.28M
Abbott Laboratories ABT 43.93 43.99 43.34 43.66 4.25M
Union Pacific UNP 116.31 117.07 114.31 114.97 4.15M
United Technologies UTX 106.72 107.27 105.42 105.85 4.06M
Visa V 216.31 218.40 213.75 214.66 4.02M
Berkshire Hathaway BRK.B 140.53 140.68 138.95 139.99 3.48M
Pepsico PEP 95.50 95.50 94.07 94.69 3.27M
Boeing BA 124.48 124.48 122.56 123.08 3.25M
3M MMM 151.39 151.73 150.20 151.01 2.06M
Alphabet GOOGL 560.85 564.97 555.98 558.45 2.05M
Exchange Rates of October 29, 2014
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 108.840 JPY 1 JPY = 0.009 USD
US Dollar Canadian Dollar 1 USD = 1.119 CAD 1 CAD = 0.894 USD
US Dollar Swiss Franc 1 USD = 0.955 CHF 1 CHF = 1.048 USD
US Dollar Chinese Yuan 1 USD = 6.111 CNY 1 CNY = 0.164 USD
Euro Japanese Yen 1 EUR = 137.530 JPY 1 JPY = 0.007 EUR
Euro Pound Sterling 1 EUR = 0.789 GBP 1 GBP = 1.267 EUR
Euro Australian Dollar 1 EUR = 1.437 AUD 1 AUD = 0.696 EUR
Euro Canadian Dollar 1 EUR = 1.413 CAD 1 CAD = 0.708 EUR
Euro Swiss Franc 1 EUR = 1.206 CHF 1 CHF = 0.829 EUR
Euro Chinese Yuan 1 EUR = 7.720 CNY 1 CNY = 0.130 EUR
Japanese Yen Pound Sterling 1 JPY = 0.573 GBP 1 GBP = 1.744 JPY
Japanese Yen Australian Dollar 1 JPY = 1.044 AUD 1 AUD = 0.958 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.027 CAD 1 CAD = 0.974 JPY
Japanese Yen Swiss Franc 1 JPY = 0.877 CHF 1 CHF = 1.141 JPY
Pound Sterling Australian Dollar 1 GBP = 1.821 AUD 1 AUD = 0.549 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.791 CAD 1 CAD = 0.558 GBP
Pound Sterling Swiss Franc 1 GBP = 1.528 CHF 1 CHF = 0.654 GBP
Pound Sterling Chinese Yuan 1 GBP = 9.784 CNY 1 CNY = 0.102 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.983 CAD 1 CAD = 1.017 AUD
Australian Dollar Swiss Franc 1 AUD = 0.839 CHF 1 CHF = 1.192 AUD
Australian Dollar Chinese Yuan 1 AUD = 5.373 CNY 1 CNY = 0.186 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.853 CHF 1 CHF = 1.172 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5.463 CNY 1 CNY = 0.183 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.400 CNY 1 CNY = 0.156 CHF

See what else happened on October 29, 2014