During Monday’s current trade, Pfizer Inc. (NYSE:PFE)’s shares gained 0.23% to $35.13.
Last Thursday, Pfizer addressed some challenging questions often posed by shareholders and the public in its latest integrated annual review for 2014. In a series of video Q&As, Pfizer colleagues respond to questions such as: “Why do people say medicines are so expensive?” and “Why is it so difficult to find a cure for cancer?”
The 2014 integrated report also highlights a number of partnerships focused on collaborative research and development, how Pfizer is tackling the rise in non-communicable diseases, and access to medicines in low- and middle-income countries. Healthy and active aging also figures prominently in the annual review, reflecting the rapid shift in global demographics.
Ian C. Read, Pfizer chairman and chief executive officer, writes in his annual letter to shareholders comprised of in the annual review that Pfizer “is on a multi-year journey, and during 2014 we achieved a number of important milestones despite a slow-growth global economy and the losses of exclusivity and co-promotion rights to some of our major medicines. We are concentrating our efforts on seeking to profitably grow our business and expanding our sources of revenue, strengthening our core businesses, and bringing forth new therapies that significantly improve peoples’ lives.”
Pfizer Inc., a biopharmaceutical company, discovers, develops, manufactures, and sells healthcare products worldwide. The company operates through Global Innovative Pharmaceutical (GIP); Global Vaccines, Oncology and Consumer Healthcare (VOC); and Global Established Pharmaceutical (GEP) segments.
During an afternoon trade, Ford Motor Co. (NYSE:F)’s shares climbed 0.51% to $15.84.
Ford Motor, declared a $2.5 billion investment in two new facilities building a new generation of engines and transmissions in the states of Chihuahua and Guanjuato, respectively.
The investment, which comes during the celebration of Ford’s 90th anniversary in the country, will bring 3,800 direct new jobs plus additional indirect jobs to Mexico. Ford officials declared the investment recently during a ceremony with Mexican President Enrique Peña Nieto and other members of the country’s Federal Government.
The new engine facility is being built within Ford’s Chihuahua Engine Plant, where the company will produce a new gasoline-powered engine. This $1.1 billion investment and 1,300 new jobs will allow Ford to export engines to the U.S., Canada, South America and the Asia-Pacific region, supporting the company’s growing small car lineup.
An additional $200 million dollar investment in addition to the creation of 500 more new jobs is tied to the expansion of Ford’s current I-4 and Diesel engines production in Chihuahua. As a result of these investments, the Ford Engine Plant in Chihuahua will become the biggest engine plant in Mexico.
In addition, Ford is building a new transmission plant within the premises of transmission supplier and longtime partner Getrag, which is based in the City of Irapuato in the State of Guanajuato. This $1.2 billion investment brings about 2,000 new jobs.
Ford Motor Company manufactures and distributes automobiles worldwide. The company operates through two sectors, Automotive and Financial Services. The Automotive sector develops, manufactures, distributes, and services vehicles, parts, and accessories. It offers vehicles primarily under the Ford and Lincoln brand names.
CEMEX, S.A.B. de C.V. (NYSE:CX), during its Monday’s current trading session lost -1.52%, to $9.73.
On April 13, CEMEX, declared that third parties not associated to CEMEX are illegally using different means, counting CEMEX’s logo, forged signatures and other information, in unauthorized and fraudulent offers to purchase timeshares in Mexico on behalf of CEMEX and/or CEMEX executives.
The unauthorized and fraudulent activity has been detected in Mexico, the United States of America and Canada.
CEMEX does not purchase timeshares in Mexico and such activity is not directly or indirectly authorized by CEMEX. CEMEX suggests the general public ignore such offers to avoid becoming a victim of these fraudulent activities performed by third parties not associated with or authorized by CEMEX.
CEMEX, S.A.B. de C.V., a building materials company, produces, markets, distributes, and sells cement, ready-mix concrete, aggregates, and other construction materials in Mexico, the United States, Northern Europe, the Mediterranean, South America, the Caribbean, and Asia.
Finally, Alibaba Group Holding Limited (NYSE:BABA), gained 0.51% Monday.
Alibaba Group Holding Limited, declared that it will report its financial results for the quarter and fiscal year ended March 31, 2015 before the U.S. market opens on Thursday, May 7, 2015, and will hold a conference call to talk about the financial results at 7:30 a.m. U.S. Eastern Time (7:30 p.m. Hong Kong Time) the same day.
Alibaba Group Holding Limited, through its auxiliaries, operates as an online and mobile commerce company in the People’s Republic of China and internationally. It operates Taobao Marketplace, an online shopping destination; Tmall, a third-party platform for brands and retailers; Juhuasuan, a group buying marketplace; Alibaba.com, an online business-to-business marketplace that focuses on global trade among businesses; 1688.com, an online wholesale marketplace; and AliExpress, a consumer marketplace.
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