Ford Motor Co. was forced to halt vehicle assembly operations in Venezuela on Monday due to a lack of foreign currency to import parts for assembly, workers at its plant said. Like other private businesses in Venezuela, carmakers have been complaining that the socialist government’s currency controls are preventing them from importing essential products due to restrictions and delays in purchases of dollars.Ford Motor Company (NYSE:F) shares after opening at $15.81 moved to $15.87 on last trade day and at the end of the day closed at $15.74. Company price to sales ratio in past twelve months was calculated as 0.42 and price to cash ratio as 4.30. Ford Motor Company (NYSE:F) showed a negative weekly performance of -0.69%.
Apple Inc. (NASDAQ:AAPL) investors had finally seen the company’s shares reach the $600 mark once again. The last time Apple shares crossed the $600 mark was back in November 2012. After surprising investors and Wall Street with higher-than-expected revenues in the first quarter of 2014 and following the announcement of stock buybacks and stock split, Apple’s stock is boosted by investors who have responded positively. Apple Inc. (NASDAQ:AAPL) shares advanced 1.41% in last trading session and ended the day on $600.96. AAPL return on equity ratio is recorded as 30.40% and its return on assets is 18.00%. Apple Inc. (NASDAQ:AAPL) yearly performance is 36.93%.
The Coca-Cola Company (NYSE:KO) said on Monday it will remove a controversial flavoring stabilizer from some of its drinks, following rival PepsiCo Inc’s announcement earlier this year that it would drop the same ingredient from its drinks.The Coca-Cola Company (NYSE:KO) shares moved down -0.46% in last trading session and was closed at $40.76, while trading in range of $40.55 – $40.93. The Coca-Cola Company (NYSE:KO) year to date (YTD) performance is -0.56%.
General Motors (NYSE:GM) India introduced a new edition of Chevrolet’s multi-purpose vehicle (MPV) Enjoy in the country, as part of the car’s first anniversary.General Motors Company (NYSE:GM) weekly performance is 2.93%. On last trading day company shares ended up $34.75. General Motors Company (NYSE:GM) distance from 50-day simple moving average (SMA50) is -0.23%. Analysts mean target price for the company is $43.00.
Leave a Reply