On Friday, Shares of Fiat Chrysler Automobiles NV (NYSE:FCAU), lost -0.58% to $16.22. The stock attained the volume of 6.98 million shares.
The FCA US Kokomo Casting Plant (Ind.) has been awarded bronze status for its efforts to improve in World Class Manufacturing (WCM), becoming the first casting facility to earn recognition in this global methodology that is practiced in industries beyond automotive.
As the 11th FCA North American facility to receive bronze status, Kokomo Casting was awarded bronze after a two-day audit in which the plant earned a minimum of 50 points in 10 technical and 10 managerial pillars by demonstrating clear WCM know-how and competence through employee-conducted pillar presentations and a review of projects that have been implemented across the shop floor.
One of five FCA US Indiana facilities, Kokomo Casting employs nearly 1,300 people who use nearly one million pounds of metal each day to cast aluminum parts for automotive components, transmission and transaxle cases, and engine blocks. The facility is best known for supporting the production of the eight- and nine-speed transmissions that can be found in one of the following vehicles: Jeep® Cherokee, Chrysler 200, Jeep Renegade, Ram ProMaster City, Jeep Grand Cherokee, Chrysler 300, Dodge Charger, Dodge Challenger, Dodge Durango and Ram 1500. More than a million of each transmission has been assembled and shipped from the nearby Kokomo and Tipton, Ind., manufacturing facilities.
Fiat Chrysler Automobiles N.V., an automotive group, designs, engineers, manufactures, distributes, and sells vehicles and components. It offers passenger cars, light trucks, and light commercial vehicles under the Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia, and Ram brand names, in addition to after-sales services and parts under the Mopar brand name.
At the end of Friday’s trade, Shares of Activision Blizzard, Inc. (NASDAQ:ATVI), inclined 1.09% to $34.17.
In celebration of the highly anticipated return of Guitar Hero, Activision Publishing, Inc., a wholly owned partner of Activision Blizzard, Inc. ( ATVI), is partnering with crowd-sourced music video creation app musical.ly to kick off Guitar Hero TV Star, which will ask fans to submit clips of themselves singing and dancing along to Ed Sheeran’s hit song “Sing.” The end result will be a world premiere, user-generated music video in GHTV, Guitar Hero Live’s playable music video network.
GHTV, the world’s first playable music video network, is a revolutionary way to play Guitar Hero, allowing fans to play along to a continually updated collection of official music videos, from the newest releases to favorite hits. Just one of the gameplay modes in Guitar Hero Live, GHTV is a living, breathing platform that will continue to grow, serving as an ever-expanding source for music discovery. And with the premiere of the fan-sourced music video for Ed Sheeran’s “Sing,” players will be able to jam along to the first ever fan-sourced video in GHTV. Starting recently through October 25, video clips will be chosen by a music video editor from those presented through the musical.ly app and then shared through Twitter and Instagram with the official #GuitarHeroTVStar hashtag. Fans can visit www.guitarhero.com/GHTVstar to find out more information on how to take part.
Activision Blizzard, Inc. develops and publishes online, personal computer (PC), video game console, handheld, mobile, and tablet games worldwide. The company develops and publishes interactive entertainment software products through retail channels or digital downloads; and downloadable content to a range of gamers.
Finally, Shares of WaferGen Bio-systems, Inc. (NASDAQ:WGBS), ended its last trade with -22.92% loss, and closed at $1.11.
WaferGen Bio-systems, Inc. (WGBS) declared the pricing of an underwritten public offering of units for gross proceeds of $15 million, proceeding to deducting underwriting discounts and commissions and offering expenses payable by the Company.
The offering was priced at a public offering price of $1.00 per share of common stock (or common stock equivalent), with each share of common stock coupled in units with a five-year warrant to purchase one share of common stock, at $1.44 per share. The securities comprising the units are right away separable and will be issued separately. The offering is predictable to close on October 21, 2015, subject to the satisfaction or waiver of customary closing conditions.
A total of 3,920,000 shares of common stock, shares of preferred stock convertible into 11,080,000 shares of common stock, and warrants to purchase 15,000,000 shares of common stock, will be issued in the offering. The preferred stock issued in this transaction comprises a beneficial ownership blocker but has no dividend rights (except to the extent dividends are also paid on the Common Stock), liquidation preference or other preferences over Common Stock.
WaferGen Bio-systems, Inc. develops, manufactures, and sells systems for gene expression quantification, genotyping, and stem cell research for the life sciences and pharmaceutical drug discovery industries in the United States, Canada, Europe, and the Asia Pacific.
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