On Monday, Shares of Fiat Chrysler Automobiles N.V. (NYSE:FCAU), gained 2.50% to $15.57.
A top executive for Fiat Chrysler Automobiles says he isn’t losing sleep over the CEO’s loud calls for a potential partnerships and or a merger, according to USAToday.
Sergio Marchionne’ s efforts to reach out to other global automakers to talk about the industry’s need for consolidation raises questions about what would happen to the company’s current employees and administration team if FCA did merge with another automaker.
Scott Garberding, FCA’s global head of purchasing and a member of the automaker’s influential group executive council, said the company’s administration team is unfazed. USAToday Reports.
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.
Shares of Groupon, Inc. (NASDAQ:GRPN), remained unchanged to $5.44, during its last trading session.
Groupon, launched a Girls Night Out sweepstakes for a trip for two to New York City to meet legendary singer Cyndi Lauper, go bowling with her and attend a Broadway show. Starting recently and running through June 28, Groupon users can visit www.groupon.com/cyndi to make a $10 donation and enter the sweepstakes. All donations will go directly to True Colors Fund, which works to end homelessness among lesbian, gay, bisexual, and transgender (LGBT) youth. According to estimates, as much as 40 percent of homeless youth identify as LGBT.
“The True Colors Fund is working hard every day to end LGBT youth homelessness, and we will not rest until the percentage goes from 40 to none,” said Cyndi Lauper. “Also, I’m a great bowler, so put your money where your mouth is if you’re with us.”
Groupon, Inc. operates online local commerce marketplaces that connect merchants to consumers by offering goods and services at a discount worldwide. It also offers deals on products for which it acts as the merchant of record.
Finally, The Gap, Inc. (NYSE:GPS), ended its last trade with 1.03% gain, and closed at $39.22.
On June 4, The Gap stated that net sales for the four-week period ended May 30, 2015 were $1.25 billion contrast with net sales of $1.27 billion for the four-week period ended May 31, 2014.
“We’re happy with Old Navy’s continued momentum and we remain focused on consistently delivering higher levels of performance across our portfolio,” said Sabrina Simmons, chief financial officer, Gap Inc.
The Gap, Inc. operates as an apparel retail company worldwide. It offers apparel, accessories, and personal care products for men, women, and children under the Gap, Banana Republic, Old Navy, Athleta, and Intermix brand names.
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