Shares of Ford Motor Company (NYSE:F) [Trend Analysis] runs in leading trade, it moving down -1.10% to traded at $12.53. The firm has price volatility of 2.52% for a week’s and 1.95% for a month. Its beta stands at 1.05 times. Before Ford Motor Co. (F) abruptly canceled a factory in Mexico criticized by President-elect Donald Trump, the foundation was poured, some of the steel beams were up and parts makers were preparing to supply the plant.
The automaker is working now on a plan to compensate those manufacturers and return the land to its owner, the government of Mexico, said Joe Hinrichs, Ford’s president of the Americas. The company intends to eventually disclose the construction cost of the aborted project, he said.
“It’s not an easy decision to cancel a plant that you’ve already started,” Hinrichs said after a speech at Automotive News World Congress in Detroit. “We don’t take it lightly. It was a big decision to build the plant in the first place and it was a big decision to cancel it.” Narrow down four to firm performance, its week’s ly performance was -3.80% and monthly performance was -3.80%. The stock price of F is moving down from its 20 days moving average with -0.47% and isolated positively from 50 days moving average with 2.23%.
Several matter pinch shares of Viacom, Inc. (NASDAQ:VIAB) [Trend Analysis], as shares moving down -0.28% to $38.79 with a share volume of 266842. Viacom Inc. (VIAB) declared that appointment of David Lynn as President and CEO of Viacom International Media Networks (VIMN). Lynn is currently President of VIMN’s operations in the UK, Northern and Eastern Europe.
As CEO of VIMN, Lynn will have management oversight of all of Viacom’s media networks and related businesses outside the U.S. Lynn will report to Bob Bakish, whom he replaces as CEO of VIMN following Bakish’s promotion to become President and CEO of Viacom Inc.
Bob Bakish said: “Viacom’s international business has grown strongly over the last decade and our operations managed out of the UK, under David’s leadership, have been integral to that growth. David has an outstanding track record at the helm of our UK business, including leading our successful acquisition and integration of Channel 5.”
The stock is going forward its 52-week’s low with 32.90% and moving down from its 52-week’s high price with -15.98%. To have technical analysis views, liquidity ratio of a company was calculated 1.20 as evaluated with its debt to equity ratio of 2.79. The float short ratio was 2.66%, as compared to sentiment indicator; Short Ratio was 2.44.