Ford Motor Company (NYSE:F) [Trend Analysis] plunged reacts as active mover, shares a decrease -1.13% to traded at $12.25 and the percentage gap between open changing to regular change was -0.16%. Ford Motor Co. (F) revealed that it is introducing its next-generation Fusion Hybrid autonomous development vehicle, just in time for CES and the North American International Auto Show in January.
The company noted that the new vehicle uses the current Ford autonomous vehicle platform, but ups the processing power with new computer hardware. Electrical controls are closer to production-ready, and adjustments to the sensor technology, including placement, allow the car to better see what’s around it.
New LiDAR sensors have a sleeker design and more targeted field of vision, which enables the car to now use just two sensors rather than four, while still getting just as much data. The firm’s current ratio calculated as 1.20 for the most recent quarter. The firm past twelve months price to sales ratio was 0.32 and price to cash ratio remained 1.42. As far as the returns are concern, the return on equity was recorded as 26.60% and return on investment was 3.00% while its return on asset stayed at 3.40%. The firm has total debt to equity ratio measured as 4.36.
Avista Corporation (NYSE:AVA) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it -1.30% to close at $39.47 with the total traded volume of 292967 shares. Avista (NYSE:AVA) received that approval from the Idaho Public Utilities Commission on the all-party settlement that was filed on Oct. 24, 2016, concluding the company’s electric rate request filed on May 26, 2016. New rates will take effect on Jan. 1, 2017.
The authorized rates are designed to increase annual electric revenues by $6.3 million, or 2.5 percent. In addition to the $6.3 million, as part of the settlement the costs associated with the Palouse Wind Project will continue to be recovered (at 90 percent) through the Power Cost Adjustment (PCA) mechanism, which is equal to $4.1 million. The authorized income increase is based on a 9.5 percent return on equity (ROE) with a common equity ratio of 50 percent. The Company’s original request in May 2016 was income increase of $15.4 million.
“The Commission’s decision provides new electric rates in Idaho that are reasonable for our consumers, the Company and our shareholders,” said Dennis Vermillion, Avista Corp. senior vice president and president of Avista Utilities. “This outcome provides us the opportunity to continue to earn a fair return in Idaho and supports Avista’s efforts to make key capital investments so we can continue to provide the reliable energy our consumers expect.” The firm has institutional ownership of 69.60%, while insider ownership included 0.40%. Its price to sales ratio ended at 1.76. AVA attains analyst recommendation of 3.10 with week performance of -1.45%.