Financial news on December 31, 2014

Business and Financial news
As Lithuania Joins Eurozone, Relief and Hesitation

Lithuania in January 2015 will become 19th country in to adopt euro; analysts and political leaders say it should expedite commerce, end money-changing expenses and help develop new markets to West, but enthusiasm among residents is tepid. Read more..

By JACK EWING - The New York Times

IBM Needs to Spend Cash, Not Return It

Over the last four quarters, IBM has spent more than $23 billion on dividends and buybacks while revenue has shrunk. A better idea is to invest more in the business. Read more..

By ROBERT CYRAN - The New York Times

Kings Theater in Flatbush Set to Reopen, and Lift a Neighborhood

Former Loews Kings Theater on Flatbush Avenue in Brooklyn will reopen in February 2015 as $95 million multipurpose performing arts center that is encouraging new development in area; 1920s theater will seat 3,250. Read more..

By JANE L. LEVERE - The New York Times

K.K.R. Sells Last of Alliance Boots Stake

The private equity giant, which took the British chain private in Europe’s largest buyout, will now hold 4.6 percent of the combined Walgreens Boots Alliance. Read more..

By DEALBOOK - The New York Times

Qwant Wants to Be Alternative to Google

A search engine called Qwant is trying to tap into growing anger in Europe that Google holds too much control over how people surf the Web. Read more..

By MARK SCOTT - The New York Times

Recent Commercial Transactions

Notable properties that have been recently listed for sale, sold or leased. Read more..

By ROSALIE R. RADOMSKY - The New York Times

Sony Cyberattack, First a Nuisance, Swiftly Grew Into a Firestorm

Interviews suggest that Sony — slow to realize the depths of its peril — let its troubles deepen by mounting a public defense only after enormous damage had been done. Read more..

By MICHAEL CIEPLY and BROOKS BARNES - The New York Times

Start-Ups Rise to Close a Gap for Farmers

Many small businesses, like trucking firm Fresh Connection, are coming to forefront to supply local farmers and their customers with marketing, transportation, logistics and other services; services are meeting growing demand for meat and produce farmed locally; Fresh Connection provides delivery services to farms around New York City. Read more..

By STEPHANIE STROM - The New York Times

Stock Markets Hit High in 2014 as Bull Run Endured

The run-up has continued nearly 70 months, making it the fourth-longest bull market since World War II, according to data from Standard & Poor’s. Read more..

By PETER EAVIS - The New York Times

Uber Suspends Operations in Spain

In a first in the growing pushback against Uber’s global expansion, a judge’s ruling barred telecommunications operators and banks from supporting the company’s services. Read more..

By MARK SCOTT - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Apple AAPL 112,82 113,13 110,21 110,38 41.4M
General Electric GE 25,42 25,52 25,27 25,27 28.2M
AT&T Inc. T 33,98 34,08 33,54 33,59 24.2M
Microsoft MSFT 46,73 47,44 46,45 46,45 21.6M
Cisco Systems CSCO 28,28 28,41 27,81 27,82 21.5M
Intel INTC 36,63 37,04 36,29 36,29 20.4M
Facebook FB 79,54 79,80 77,86 78,02 20M
JPMorgan Chase JPM 63,30 63,49 62,58 62,58 18.5M
Pfizer PFE 31,18 31,70 31,14 31,15 14.9M
Verizon Communications VZ 47,08 47,40 46,70 46,78 14M
Gilead Sciences GILD 96,00 96,75 94,24 94,26 13.9M
Oracle Corp. ORCL 45,45 45,56 44,97 44,97 13.3M
Comcast CMCSA 58,81 59,30 57,83 58,01 12.3M
General Motors GM 35,24 35,45 34,89 34,91 12.3M
ExxonMobil XOM 92,42 93,13 92,06 92,45 11.3M
Wells Fargo & Co. WFC 55,50 55,67 54,82 54,82 10.1M
Coca-Cola KO 42,92 42,94 42,22 42,22 9.37M
Merck MRK 57,27 57,85 56,73 56,79 7.48M
HP Inc. HPQ 40,75 40,82 40,10 40,13 7.21M
Chevron CVX 111,65 113,31 111,53 112,18 6.41M
Johnson & Johnson JNJ 105,61 106,11 104,54 104,57 6.2M
ConocoPhillips COP 69,34 69,75 68,70 69,06 5.92M
Home Depot HD 104,75 106,02 104,56 104,97 5.82M
Procter & Gamble PG 92,04 92,55 91,03 91,09 5.71M
Schlumberger SLB 85,72 86,43 84,80 85,41 5.35M
Altria MO 49,91 50,02 49,17 49,27 5.11M
Walt Disney & Co. DIS 95,13 95,52 94,03 94,19 4.8M
McDonald's MCD 93,75 94,80 93,57 93,70 4.59M
Bristol-Myers Squibb BMY 59,30 60,14 58,96 59,03 4.35M
Wal-Mart Stores WMT 87,08 87,44 85,86 85,88 4.15M
International Business Machines IBM 160,41 161,50 160,38 160,44 4.01M
Pepsico PEP 95,67 95,98 94,54 94,56 3.73M
Abbott Laboratories ABT 45,70 46,05 44,99 45,02 3.42M
Berkshire Hathaway BRK.B 152,20 152,67 150,15 150,15 3.32M
Boeing BA 132,25 132,30 129,86 129,98 2.71M
Amgen AMGN 161,67 163,28 159,26 159,29 2.69M
United Technologies UTX 116,60 116,90 114,96 115,00 2.36M
Union Pacific UNP 120,72 120,77 119,02 119,13 2.36M
UnitedHealth Group UNH 103,12 103,68 101,03 101,09 2.31M
Amazon AMZN 311,55 312,98 310,01 310,35 2.06M
3M MMM 166,00 167,17 164,20 164,32 1.63M
Visa V 265,48 267,25 262,18 262,20 1.51M
Alphabet GOOGL 537,74 538,40 530,20 530,66 1.24M
Exchange Rates of December 31, 2014
CurrenciesExchange Rates
US Dollar Euro 1 USD = 0,826 EUR 1 EUR = 1,210 USD
US Dollar Japanese Yen 1 USD = 119,660 JPY 1 JPY = 0,008 USD
US Dollar Pound Sterling 1 USD = 0,642 GBP 1 GBP = 1,558 USD
US Dollar Australian Dollar 1 USD = 1,223 AUD 1 AUD = 0,818 USD
US Dollar Canadian Dollar 1 USD = 1,162 CAD 1 CAD = 0,861 USD
US Dollar Swiss Franc 1 USD = 0,994 CHF 1 CHF = 1,006 USD
US Dollar Chinese Yuan 1 USD = 6,202 CNY 1 CNY = 0,161 USD
US Dollar Mexican Peso 1 USD = 14,736 MXN 1 MXN = 0,068 USD
US Dollar Swidish Krona 1 USD = 7,822 SEK 1 SEK = 0,128 USD
Euro Japanese Yen 1 EUR = 144,790 JPY 1 JPY = 0,007 EUR
Euro Pound Sterling 1 EUR = 0,777 GBP 1 GBP = 1,288 EUR
Euro Australian Dollar 1 EUR = 1,478 AUD 1 AUD = 0,677 EUR
Euro Canadian Dollar 1 EUR = 1,404 CAD 1 CAD = 0,712 EUR
Euro Swiss Franc 1 EUR = 1,202 CHF 1 CHF = 0,832 EUR
Euro Chinese Yuan 1 EUR = 7,502 CNY 1 CNY = 0,133 EUR
Euro Mexican Peso 1 EUR = 17,844 MXN 1 MXN = 0,056 EUR
Euro Swidish Krona 1 EUR = 9,468 SEK 1 SEK = 0,106 EUR
Japanese Yen Pound Sterling 1 JPY = 0,005 GBP 1 GBP = 185,185 JPY
Japanese Yen Australian Dollar 1 JPY = 0,010 AUD 1 AUD = 98,039 JPY
Japanese Yen Canadian Dollar 1 JPY = 0,010 CAD 1 CAD = 103,093 JPY
Japanese Yen Swiss Franc 1 JPY = 0,008 CHF 1 CHF = 120,482 JPY
Japanese Yen Chinese Yuan 1 JPY = 0,052 CNY 1 CNY = 19,305 JPY
Japanese Yen Mexican Peso 1 JPY = 0,123 MXN 1 MXN = 8,117 JPY
Japanese Yen Swidish Krona 1 JPY = 0,065 SEK 1 SEK = 15,408 JPY
Pound Sterling Australian Dollar 1 GBP = 1,905 AUD 1 AUD = 0,525 GBP
Pound Sterling Canadian Dollar 1 GBP = 1,809 CAD 1 CAD = 0,553 GBP
Pound Sterling Swiss Franc 1 GBP = 1,548 CHF 1 CHF = 0,646 GBP
Pound Sterling Chinese Yuan 1 GBP = 9,660 CNY 1 CNY = 0,104 GBP
Pound Sterling Mexican Peso 1 GBP = 22,978 MXN 1 MXN = 0,044 GBP
Pound Sterling Swidish Krona 1 GBP = 12,157 SEK 1 SEK = 0,082 GBP
Australian Dollar Canadian Dollar 1 AUD = 0,949 CAD 1 CAD = 1,054 AUD
Australian Dollar Swiss Franc 1 AUD = 0,812 CHF 1 CHF = 1,232 AUD
Australian Dollar Chinese Yuan 1 AUD = 5,068 CNY 1 CNY = 0,197 AUD
Australian Dollar Mexican Peso 1 AUD = 12,054 MXN 1 MXN = 0,083 AUD
Australian Dollar Swidish Krona 1 AUD = 6,395 SEK 1 SEK = 0,156 AUD
Canadian Dollar Swiss Franc 1 CAD = 0,855 CHF 1 CHF = 1,170 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5,340 CNY 1 CNY = 0,187 CAD
Canadian Dollar Mexican Peso 1 CAD = 12,701 MXN 1 MXN = 0,079 CAD
Canadian Dollar Swidish Krona 1 CAD = 6,734 SEK 1 SEK = 0,148 CAD
Swiss Franc Chinese Yuan 1 CHF = 6,236 CNY 1 CNY = 0,160 CHF
Swiss Franc Mexican Peso 1 CHF = 14,834 MXN 1 MXN = 0,067 CHF
Swiss Franc Swidish Krona 1 CHF = 7,869 SEK 1 SEK = 0,127 CHF
Chinese Yuan Swidish Krona 1 CNY = 1,251 SEK 1 SEK = 0,799 CNY

See what else happened on December 31, 2014