FIC Mock Stock Round 2 (6th Oct, 2014)

RULES

• This is the last and final round of the mock stock.

• Selling of shares is allowed in this round. If you chose to buy new shares or hold the existing shares in anticipation of further gains, your portfolio will be squared off with the final prices.

• Any cash balance remaining will be added back to the final revenue figure to calculate the net worth of the portfolio.

COMPANIES

1. IBM (Technology and Consulting) - $195
2. P&G (Consumer Goods) - $88
3. Walmart (Multi-brand Retail) - $66
4. ExxonMobil (Oil & Gas) - $81
5. JP Morgan (Banking & Finance) - $63
6. Nike (Apparel & Accessories) - $100

NEWS 

• JP Morgan Chase & Co., the biggest U.S. Bank reveals a major data breach by hackers where data on 76 million households and 7 million small businesses were compromised which included user contact information, names, phone numbers, addresses and e-mail addresses. However, JP Morgan officials say there is no evidence that hackers stole account numbers, passwords, user IDs or Social Security numbers.
• P&G reports a slight growth in organic sales in its last quarterly filing but subject to only limited gains due to currency exchange-rate fluctuations and policy changes in Venezuela.
• After selling its German and South Korean units in 2006 and a series of disappointing results in Asian markets, the Rank #1 Fortune 500 Global Company and world's largest retailer, Walmart is now facing stiff competition from local chains in South America.
•  As Mexico opens doors to private investment in oil industry, Exxon Mobil Corp signed an agreement with Mexico’s state oil company Pamex to jointly explore upstream and downstream business opportunities. Upstream projects include exploration and production of crude oil or natural gas, while downstream ventures include refining, storage or oil and gas transportation projects.
• Procter & Gamble Co, the world’s largest household products maker, is considering to sell or discontinue about 90 to 100 non-performing brands in the next two years and cut jobs to revive sales growth and save costs.
• Afresh after their World Cup win, Germany National Football Team overtakes Brazil as the world's most loved sports team; Adidas wins official merchandise rights for Manchester United from 2015.  
• The Chinese government is recommending the country's domestic banks against the use of high end servers from IBM Corp. on account of the nation's financial security policy.

Send in your responses latest by 3 PM, 7th Oct at the following link: http://goo.gl/Wl2MSV