On Thursday, Shares of Ford Motor Company (NYSE:F), gained 1.17% to $15.59.
Ford Motor Company received the top score for its work on global water conservation from CDP, the world’s only environmental disclosure agency.
Ford is one of eight corporations to receive CDP’s highest honor for its work on water issues, from among more than 400 global companies considered. The full CDP report will be unveiled recently as world leaders gather in Tokyo to discuss global water challenges.
“The business case for action to improve water security has never been stronger or more urgent,” said Cate Lamb, head of water at CDP. “For this reason we congratulate Ford Motor Company for achieving a position on CDP’s Water A List. Ford is responding to market demand for environmental accountability and at the same time is making progress toward the realization of sustainable economies.”
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 Fifth Third Bancorp (NASDAQ:FITB), inclined 2.35% to $18.71, during its last trading session.
At a time when nearly two thirds of the population own a smart phone and access an average of 28 apps per month, valuable apps that allow commercial card clients and their employees to conduct business from these devices are lacking.
Fifth Third is launching a mobile app for commercial cardholders that will allow access to information and account features in a convenient, user-friendly format. In addition, cardholders will be able to suspend and un-suspend card accounts and enable push notifications to their mobile device.
“Consumers and businesses alike are demanding faster and more convenient ways to access information and manage accounts,” said Jimm Bell, senior vice president and director of card services for Fifth Third Bank (FITB). “Fifth Third’s commercial card mobile app can improve the ease in which our commercial card clients and their employees conduct business, allowing them to focus more effort and time on driving results to their bottom line.”
Fifth Third Bancorp operates as a diversified financial services company in the United States. It operates through four segments: Commercial Banking, Branch Banking, Consumer Lending, and Investment Advisors.
Finally, Shares of VMware, Inc. (NYSE:VMW), ended its last trade with 2.45% gain, and closed at $56.78.
EMC Corporation and VMware, declared plans to form the Federation’s new cloud services business by combining their respective cloud capabilities, together with existing Virtustream cloud offerings, under the Virtustream brand. Virtustream will be jointly owned by VMware and EMC and led by Rodney Rogers, CEO of Virtustream. The parties are finalizing a definitive agreement for the transaction. Virtustream’s financial results will be merged into VMware’s financial statements starting in Q1 2016.
Virtustream is predictable to generate multiple hundreds of millions of dollars in recurring revenue in 2016, focused on enterprise-centric cloud services, with an outlook to grow to a multi-billion business over the next several years. Virtustream will be a leader in hybrid cloud, one of the largest markets for IT infrastructure spending. The company will provide a complete spectrum of managed services for on-premises infrastructure and its enterprise-class Infrastructure-as-a-Service platform, enabling customers to move all their applications, counting mission-critical applications, to cloud-based IT environments. Virtustream will offer a compatible public cloud experience for customers who deploy the Federation Enterprise Hybrid Cloud solution within their business.
“Through Virtustream, we are addressing the changes in buying patterns and IT cloud operation models that we are seeing in the market. Our customers consistently tell us that they are focused on their IT transformations and journeys to the hybrid cloud. The EMC Federation is now positioned as a complete provider of hybrid cloud offerings,” said Joe Tucci, EMC Corporation Chairman and CEO.
VMware, Inc. provides virtualization infrastructure solutions in the United States and internationally. The company’s virtualization infrastructure solutions comprise a suite of products designed to deliver a software-defined data center (SDDC), run on industry-standard desktop computers and servers, and support a range of operating system and application environments, in addition to networking and storage infrastructures.
