On Tuesday, Shares of Ford Motor Co. (NYSE:F), lost -0.07% to $15.01.
There’s no mistaking the wicked sound or aggressive looks of the all-new Shelby® GT350R-C that Ford declared recently would see its first official track time at Watkins Glen this weekend.
Ford Shelby GT350R-C, the competition version of the reincarnated icon, will compete in the IMSA Continental Tire SportsCar Challenge, a showdown of the most popular – and accessible – performance cars from around the world.
The GT350R production car was unveiled in January, and is one of more than 12 new vehicles Ford Performance will bring to market through 2020. Since its introduction, sports car enthusiasts have eagerly awaited the debut of a racing version.
“Like so many Mustangs before it, the Shelby GT350R is a car born to race,” said Dave Pericak, director, Global Ford Performance. “We’re taking it to the track as the GT350R-C and we’re ready to see what it can do against the best competition in the world.”
Both production and race car versions feature the first-ever production car V8 from Ford with a flat-plane crankshaft. This unique layout – typically reserved for the world’s most exotic sports cars – assisted create the most powerful naturally aspirated engine Ford has ever produced.
The race car features an adapted version of the advanced, fully independent suspension from GT350R – fitted with revised spring rates and antiroll bars, lower ride height, unique track-tuned alignment settings, revised bushings and cross-axis ball joints in the front.
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.
Shares of Halliburton Company (NYSE:HAL), inclined 0.89% to $43.07, during its last trading session, as U.S. oil prices rose on Tuesday, posting a 25% quarterly gain, after Iran and six world powers extended the deadline for nuclear talks until July 7.
Prices also rose on the expectation that weekly inventory data due Wednesday would show a ninth straight weekly decline in U.S. oil supplies, according to WSJ.
Light, sweet crude for August delivery settled up $1.14, or 2%, at $59.47 a barrel on the New York Mercantile Exchange. WSJ Reports.
Brent, the global benchmark, rose $1.58, or 2.5%, to $63.59 a barrel on ICE Futures Europe. The contract rose 15% in the second quarter, the biggest single-quarter percentage gain since the first quarter of 2011, but fell 3% in June. WSJ added.
Halliburton Company provides a range of services and products to the upstream oil and natural gas industry worldwide. The company operates through two segments, Completion and Production, and Drilling and Evaluation.
Finally, The Bank of New York Mellon Corporation (NYSE:BK), ended its last trade with -0.43% gain, and closed at $41.97.
Eagle Investment Systems LLC, a BNY Mellon company and leading provider of financial services technology, recently declared that Achmea, the largest insurance provider in the Netherlands, is live using Eagle’s data administration solution, deployed over its secure private cloud, Eagle ACCESSSM.
Eagle’s enterprise data administration solution was selected to assist centralize all of Achmea’s investment administration data and streamline its operations to create efficiencies to support Solvency II and International Financial Reporting Standards (IFRS) regulatory reporting. Eagle’s Data Integration Services (DIS) assisted Achmea go live with a challenging timeline, offering a shortened implementation plan using standard data integration feeds. Additionally, Achmea has enlisted fully deployed services from the BNY Mellon Front Office Services Group, which is providing various data stewardship and data administration services to the firm. Achmea has been a BNY Mellon client since 2008. In addition to being their global custodian, BNY Mellon provides investment accounting, fund administration and outsourcing services to Achmea.
“We are happy with Eagle’s outsourced data administration solution to address our multiple, complex needs around asset data administration and are also happy with the cooperation of Eagle and BNY Mellon during the implementation,” said Otto Veldt, Director of Asset Administration, Achmea.
The Bank of New York Mellon Corporation, an investment company, provides financial products and services to institutions, corporations, and high net worth individuals in the United States and internationally. It operates through two segments, Investment Administration and Investment Services.
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