On Friday, Ford Motor Company (NYSE:F)’s shares declined -2.36% to $13.64.
Ford’s European sales rose 20 percent in November and improved its market share on rising demand for its newest passenger cars, SUVs and commercial vehicles. It was Ford’s best November in Europe since 2009.
Ford sold 101,500 vehicles in its 20 traditional European markets* last month, and 1,181,200 vehicles in the first 11 months of the year. This marked a year-over-year sales enhance of 20.5% and 9.9%, respectively. Industry sales were up 13.9 percent in November, and 9.0 percent year-to-date.
Ford’s total vehicle market share in the 20 markets grew 0.4 percentage points to 7.9 percent in November, and by 0.1 percentage point to 8.1 percent year-to-date. Across all 50 European markets, Ford’s market share improved by 0.7 percentage points to 7.6 percent in November, and by 0.5 percentage points to 7.7 percent year-to-date.
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. It offers vehicles primarily under the Ford and Lincoln brand names.
Schlumberger Limited. (NYSE:SLB)’s shares dropped -2.31% to $69.83.
Schlumberger Limited (SLB) declared that Schlumberger Holding Corporation (“SHC”), its wholly-owned partner and the holding company for its U.S. operations, will issue five tranches of senior notes with the following maturities: 2017 (the “2017 Notes”); 2018 (the “2018 Notes”); 2020 (the “2020 Notes”); 2022 (the “2022 Notes”); and 2025 (the “2025 Notes” and together with the 2017 Notes, the 2018 Notes, the 2020 Notes and the 2022 Notes, the “Notes”). The offering is predictable to close on December 10, 2015.
The net proceeds to SHC from the offering will be used for general corporate purposes, counting to finance a portion of the consideration of Schlumberger’s pending acquisition of Cameron International Corporation.
Schlumberger Limited supplies technology, integrated project administration, and information solutions to the oil and gas exploration and production industries worldwide. The company operates through Reservoir Characterization Group, Drilling Group, and Production Group segments.
At the end of Friday’s trade, Stryker Corporation (NYSE:SYK)‘s shares dipped -0.79% to $92.20.
Stryker Corporation (SYK) declared that its Board of Directors has declared a quarterly dividend of $0.38 per share payable on January 29, 2016, to shareholders of record at the close of business on December 31, 2015, representing an enhance of 10% as compared to the preceding year, and 10% as compared to the previous quarter.
“As part of our capital allocation strategy, we are committed to comprising growth in our dividend which is reflected in the declared 10% enhance for 2016,” said Kevin. A. Lobo, Chairman and Chief Executive Officer. “We will continue to utilize our balance sheet for acquisitions that support our growth aims, dividends and share repurchases to assist drive shareholder value.”
Stryker Corporation, together with its auxiliaries, operates as a medical technology company. The company operates through three segments: Orthopaedics, MedSurg, and Neurotechnology and Spine.