On Wednesday, Shares of General Motors Company (NYSE:GM), lost -0.24% to $31.64.
General Motors Company, plans to export Buick Envision vehicles from its Chinese plant to the U.S by the end of 2016, per media reports. This will make General Motors the first automaker to import vehicles from China for sale in the U.S. The company initiated production of Envision in China in 2014. Zacks
The Buick brand will also be shifting the production of the compact Verano sedan from Michigan to China by late 2016. In addition, General Motors will shift the production of the mid-size Regal sedan from Canada to either China or Europe in 2017.
General Motors will continue with the production of two of Buick’s future U.S. models in North America, namely the mid-sized LaCrosse sedan and the large Enclave crossover. The LaCrosse will be redesigned next spring and the production will be shifted to Hamtramck, MI. The Enclave will also be redesigned in early 2017 but the production will continue in Lansing, MI.
General Motors Company designs, builds, and sells cars, crossovers, trucks, and automobile parts worldwide. It operates through GM North America, GM Europe, GM International Operations, GM South America, and GM Financial segments.
Shares of McDonald’s Corporation (NYSE:MCD), inclined 0.35% to $101.11, during its last trading session.
McDonald’s Corporation, may get a noteworthy boost if it lets customers buy Egg McMuffins beyond breakfast hours. bloomberg
Selling the muffin-based sandwiches all day may assist enhance the restaurant chain’s sales by as much as 2.5 percent a year, according to notes from an August presentation that Mike Andres, McDonald’s president for the U.S., made to franchisees. The change also would lift guest counts as much as 2.3 percent and assist each restaurant generate $31,000 more in profit, the notes say. bloomberg
The company began experimenting with selling breakfast all day at some locations in the San Diego area in April and later expanded the test to other U.S. locations. The experiment doesn’t comprise the entire morning menu. In July, Easterbrook said the all-day breakfast trials were going well.
McDonald’s Corporation operates and franchises McDonald’s restaurants in the United States, Europe, the Asia/Pacific, the Middle East, Africa, Canada, and Latin America.
Finally, CNO Financial Group Inc (NYSE:CNO), ended its last trade with -1.15% loss, and closed at $18.12.
CNO Financial Group Inc, declared that its board of directors has declared a quarterly cash dividend of $0.07 per share on the Company’s common shares. The dividend will be payable September 24, 2015, to shareholders of record at the close of business on September 10, 2015.
CNO Financial Group, Inc., through its auxiliaries, develops, markets, and administers health insurance, annuity, individual life insurance, and other insurance products for senior and middle-income markets in the United States.
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