Ford Motor Company (NYSE:F) has announced that Chief Executive Officer (CEO) and President Alan Mulally is retiring from the company on Jul 1, 2014 and Chief Operating Officer (COO) Mark Fields will take over his responsibilities. Fields will also be a part of the board of directors. Ford Motor Company (NYSE:F) shares after opening at $15.95 moved to $15.98 on last trade day and at the end of the day closed at $15.90. Company price to sales ratio in past twelve months was calculated as 0.43 and price to cash ratio as 4.34. Ford Motor Company (NYSE:F) showed a positive weekly performance of 1.53%.
Atlanta-based Coca-Cola Co. (NYSE:KO) has acquired a minority stake in WaterHealth International in Irvine. WaterHealth specializes in small-scale water purification systems, with more than 500 serving about 5 million people in neighborhoods, schools or other communities in five countries. The Coca-Cola Company (NYSE:KO) shares advanced 0.42% in last trading session and ended the day on $40.95. KO return on equity ratio is recorded as 26.00% and its return on assets is 9.40%. The Coca-Cola Company (NYSE:KO) yearly performance is 0.47%.
General Motors Company (NYSE:GM) says it is investing $50 million at the northeast Ohio plant that builds the popular Chevrolet Cruze. The company said the investments, which include a new trim shop, are directed at the next generation of the Cruze compact sedan to be built at the Lordstown plant near Youngstown. General Motors Company (NYSE:GM) shares moved up 0.20% in last trading session and was closed at $34.97, while trading in range of $34.86 – $35.33. General Motors Company (NYSE:GM) year to date (YTD) performance is -13.68%.
Kraft Foods Group Inc. said in a filing on Friday that U.S. regulators were probing wheat futures trading by businesses now owned and operated by Mondelez International Inc. (NASDAQ:MDLZ) which it spun off in 2012. Mondelez International Inc. (NASDAQ:MDLZ) weekly performance is 0.40%. On last trading day company shares ended up $35.48. Mondelez International Inc. (NASDAQ:MDLZ) distance from 50-day simple moving average (SMA50) is 2.75%. Analysts mean target price for the company is $36.33.
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