Ford Motor Company (NYSE:F) is investing $80 million in its Kentucky Truck plant in Louisville. This is to boost the production capacity of Super Duty pickups by 15 percent. Ford Motor Company (NYSE:F) stock opened at $15.43 in last session, and closed at $15.25, while the day range of F stock is $15.18 – $15.45. The stock showed a negative weekly performance of -6.44%.
At a time when Apple Inc. (NASDAQ:AAPL) is rumored to be planning to launch its next generation smartphone, iPhone 6, in the next few months, Lenovo announced its plan to acquire Motorola mobility from Google, which could affect the Cupertino company’s smartphone business. Apple Inc. (NASDAQ:AAPL) stock opened at $502.54, in last session and closed at $499.78, by losing -0.19%. The 52 week range of AAPL is $385.10 – $575.14. Company’s market capitalization is $446.03billion.
Altria Group Inc (NYSE:MO) certainly had an interesting 2013. The company has faced declining cigarette volumes for many quarters. However, the impact to earnings has been more than offset by growth in other areas, including smokeless tobacco products and wines. Altria was also able to reward its shareholders last year with a respectably large 9.1% dividend increase in Q3. At current prices, Altria yields about 5.40%. Altria Group Inc (NYSE:MO) stock decreased -2.96% and finished the last session at $35.35. The EPS of the stock remained 2.56. Company’s market capitalization is $70.70billion.
Volkswagen AG said Thursday it topped rival General Motors Company (NYSE:GM) for second place in global sales among all automakers. VW said it sold 9.73 million cars and trucks in 2013, compared to GM’s 9.71 million. General Motors Company (NYSE:GM) stock opened the session at $36.88, and closed the session at $36.84. The 52 week range of the GM stock remained $26.19 – $41.85 and the day range was $36.48 – $37.07.