On Monday, Shares of Ford Motor Company (NYSE:F), included 0.26% and shut at $11.79 inside the end purchasing and offering session. The last exchanging scope of the stock ranges amongst $11.77 and $11.90. The business’ commercial center capitalization is $46.42 Billion with the aggregate fabulous loads of 3.90 billion. In 1959 Berry Gordy started Motown Records in Detroit. He modeled his business, which became a global hit-making factory, after the Ford Motor Company assembly line.
Recently, Ford and UAW-Ford are part of the Motown story again, announcing a $6 million investment as lead donor in a $50 million expansion of Motown Museum. The museum is the location of the famous Hitsville U.S.A. house and Studio A, where Motown Records changed the music industry forever.
“We are thrilled to play a role in the next chapter of a global music icon,” said Joe Hinrichs, president, The Americas, Ford Motor Company, who will hold a leadership position as part of the museum’s expansion efforts. “The improved museum will not only upgrade the visitor experience, it also fits with our commitment to investing in the cultural heritage of Detroit and southeast Michigan.”
“It is very gratifying to support the expansion of the Motown Museum, and in doing so, we strengthen an institution that has great historical and cultural significance to our region and the world,” said Jimmy Settles, vice president, UAW. “This partnership also allows us to continue our commitment to the Motown Museum’s surrounding community, which is a community that many Detroit natives treasure.”
Shares of AT&T Inc. (NYSE:T), added 0.48% and shut at $37.47 inside the last exchanging session. The rest of the purchasing and offering scope of the stock levels among $37.46 and $37.74. The association’s commercial center capitalization is $232.69 Billion with the general uncommon loads of 6.14 billion. AT&T*, DISH Network L.L.C., a wholly-owned partner of DISH Network Corporation, and WPP have declared plans to acquire INVIDI Technologies, a leader in providing addressable advertising platforms. INVIDI will continue operating independently under the three companies’ collective ownership, and each company will name representatives to INVIDI’s board of directors. AT&T will hold a controlling interest in the venture.