Hot Stocks: Unilever N.V. (ADR)(NYSE:UN), BP plc (ADR)(NYSE:BP)

On Wednesday, Shares of Unilever N.V. (ADR)(NYSE:UN), subtract -1.33% and closed at $39.19 in the last trading session. The last trading range of the stock ranges between $39.07 and $39.39. Convoy declared recently that it has partnered with Unilever North America, a leader in supply chain administration, in a multi-year trucking agreement to assist advance Unilever’s operations, improve the lives of drivers and eventually assist to reduce the environmental impact of trucking.

After a thorough evaluation of modern, on-demand trucking service providers, Unilever selected Convoy because of its commitment to superior service, driver safety, and ongoing development of innovative technology solutions that streamline procurement, improve on-time delivery, empower drivers, and deliver savings through operational efficiencies.

“Unilever is one of the leading companies in the world, yet they’re incredibly agile and forward thinking—especially in their approach to supply chain innovation,” said Convoy co-founder and CEO Dan Lewis. “Their vision to reduce manual processes and make trucking more efficient aligns directly with ours.”

BP plc (ADR)(NYSE:BP), dropped -0.92% and closed at $33.30 in the last trading session. The last trading range of the stock ranges between $33.15 and $33.52. The company’s Market capitalization is $105.17 Billion with the total Outstanding Shares of 18.92 Billion. BP (BP) and GE (GE) recently declared the start-up of Plant Operations Advisor (POA), a new digital solution designed to improve the efficiency, reliability and safety of BP’s oil and gas production operations. Plant Operations Advisor is already assisting BP manage the performance of one of its platforms in the Gulf of Mexico and, subject to a successful pilot, it will be deployed next year to other BP facilities around the world.

The tool, built on GE’s Predix operating system, was created as part of a development partnership the two companies declared in January.

“BP gravitates toward new technologies, especially digital, and that makes working with them particularly exciting,” said Lorenzo Simonelli, president and CEO, GE Oil & Gas. “We are taking a big step forward together during this time of digital transformation, deploying what we’ve co-created over the past year to drive the kind of productivity improvements that the oil and gas industry needs. The global deployment is expected to be the leading-scale deployment of GE’s Predixpowered APM technology to date.”Plant Operations Advisor will assist prevent unplanned downtime and improve facility reliability by assisting engineering teams respond quickly to issues as they occur in real-time.

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