On Thursday, Shares of Ford Motor Co. (NYSE:F), lost -0.99% to $15.05.
Ford Motor Company’s total U.S. sales of 250,813 vehicles for May declined 1 percent from a year ago. Retail sales of 171,535 vehicles decline 2 percent. Fleet sales of 79,278 vehicles are flat.
Sales of the all-new Ford Edge established a May sales record, with sales up 34 percent and turning in just 13 days on dealer lots. The 2016 Explorer went on sale in May, and retail sales raised 24 percent. Explorer is America’s best-selling mid-size utility with its best May retail sales results since 2004.
F-Series, America’s best-selling truck, had sales of 61,870 pickups on tight supply, as the second F-150 facility – Kansas City Assembly Plant – ramps up to full line speed this quarter. Inventory continues building as the plant comes fully on-line.
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 Wal-Mart Stores Inc. (NYSE:WMT), declined -0.99% to $74.15, during its last trading session.
SmartBiz declared that it is the exclusive platform for SBA-guaranteed loans for Sam’s Club Business Lending Center, a convenient digital platform for small businesses that eases access to the capital they need with member-exclusive savings of up to 20 percent on loan fees. As a Business Lending Center participant, SmartBiz will provide qualifying Sam’s Club business members with SBA loans with low monthly payments, single digit interest rates, and a simple, streamlined application process.
Sam’s Club created the Business Lending Center in response to business member feedback that access to capital was a critical need. Sam’s Club has always placed a high precedingity on supporting its members and ongoing to innovate on the services it provides. The Business Lending Center is a convenient platform that reduces the time and hassle of finding the right financing solution by featuring three market leaders that offer business loans, SBA loans, and business credit cards — Lending Club, Sam’s Club Business MasterCard, and SmartBiz. All of these financing solutions offer exclusive discounts for Sam’s Club members counting reduced fees or cash back rewards through the Business Lending Center.
SmartBiz (www.smartbizloans.com) is the #1 online provider of SBA loans $350,000 and under, and leverages advanced technology to dramatically speed up the SBA loan process.
Sam’s Club®, a division of Wal-Mart Stores, Inc. (WMT), is a leading membership warehouse club offering superior products, savings and services to millions of members in 649 clubs in the U.S. and Puerto Rico.
Wal-Mart Stores, Inc. operates retail stores in various formats worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam’s Club. It operates discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, cash and carry stores, home improvement stores, specialty electronics stores, restaurants, apparel stores, drug stores, and convenience stores, in addition to retail Websites, such as walmart.com and samsclub.com.
At the end of Thursday’s trade, Shares of MetLife, Inc. (NYSE:MET), lost -0.33% to $53.81.
MetLife Foundation declared a three-year partnership with Rockefeller Philanthropy Advisors (RPA) and Bankable Frontier Associates, LLC (BFA) to develop Optimizing Performance Through Improved Cross(X)-Sell (OPTIX), a program to provide microfinance institutions and cooperatives with a breadth of financial tools that can assist them to better serve their clients.
The microfinance institutions and cooperatives comprise: Cooperativa Acreimex in Mexico, Banco WWB in Colombia, SAJIDA Foundation in Bangladesh and Capital Aid Fund for Employment of the Poor (CEP) in Vietnam. OPTIX will assist these four “socially-driven” financial service providers build and strengthen a full suite of financial offerings for their low-income clients. Cross-selling a variety of financial products may ensure client retention, secure their niche against larger competitors and allow them to meet the particular needs of the market segments they serve.
MetLife, Inc. provides life insurance, annuities, employee benefits, and asset administration products in the United States, Japan, Latin America, Asia, Europe, and the Middle East. It operates in six segments: Retail; Group, Voluntary & Worksite Benefits; Corporate Benefit Funding; Latin America; Asia; and Europe, the Middle East and Africa.
Finally, China Finance Online Co., Ltd. (NASDAQ:JRJC), ended its last trade with 8.14% surge, and closed at $5.05.
China Finance Online, a leading web-based financial services company that provides Chinese retail investors with online access to securities and commodities trading, wealth administration products, investment advisory services, in addition to financial database and analytics services to institutional customers, responded to the allegations raised in a report dated June 3, 2015 issued by Geoinvesting, LLC. The Company believes that Geoinvesting report contains numerous errors of facts, misleading speculations and malicious interpretations of events. The Company’s board of directors has been informed of the allegations made by Geoinvesting and will consider and decide on the necessary and appropriate course of action in response to the allegations. The Company may release additional information concerning the allegations in due course and is committed to providing full and accurate disclosure to investors and to rebutting any false claims that attempt to undermine confidence in the Company’s business, administration, operations and corporate structure.
China Finance Online Co., Limited provides Web-based financial services in the Peoples Republic of China and Hong Kong. The company operates through three segments: Precious Metals Trading Services; Online Financial Information and Advisory Service, and Other Related Services; and Hong Kong Brokerage Services.
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