On Thursday, Shares of Ford Motor Company (NYSE:F), subtract -1.08% and shut at $11.87 inside the end purchasing and offering session. The last exchanging scope of the stock ranges amongst $11.78 and $11.96. The business’ commercial center capitalization is $47.09 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.”
Specialized assessment: During the fifty two-week exchanging session the negligible rate at which extent cost exchanged, enrolled at $11.02 and came to max level of $14.76. The EPS of organization is walking around 2.01.
Shares of International Paper Co (NYSE:IP), added 0.79% and shut at $48.32 inside the last exchanging session. The rest of the purchasing and offering scope of the stock levels among $47.72 and $49.07. The association’s commercial center capitalization is $20.18 Billion with the general uncommon loads of 411.21 million. International Paper (IP) is fighting hunger by partnering with Mid-South Food Bank to address the many hunger needs in the greater Memphis area. Chairman and CEO Mark Sutton, will present a $1.25 million dollar check to Mid-South Food Bank Wednesday, November 16, 2016 as part of the company’s philanthropy strategy. The spouses of International Paper employees will also present a check for $82,000 that will be used to provide 250,000 meals for families in need. “International Paper has the products, the resources and the desire to assist us and we cannot thank them enough,” said Estella Mayhue-Greer, President/CEO, Mid-South Food Bank.
Specialized examination: All through the fifty two-week exchanging session the negligible expense at which extent cost exchanged, enlisted at $32.50 and came to max level of $49.90. The EPS of association is by walking at 2.09.