On Wednesday, Shares of Fiat Chrysler Automobiles NV (NYSE:FCAU), lost -0.71% to $13.95.
Dodge Durango, Jeep Renegade and Ram 1500 Named 2016 Consumer Guide® Automotive Best Buys.
- 2016 Jeep® Renegade captures Subcompact SUV Best Buy award for first time
- 2016 Dodge Durango continues as Large SUV Best Buy for fourth successive year
- 2016 Ram 1500 named Large Pickup Truck Best Buy every year since 2009 model year
The automotive editors at Consumer Guide awarded three FCA U.S. vehicles the 2016 Best Buy distinction.
Dodge Durango earns the Best Buy Award in the Large SUV segment for the fourth successive year, the Jeep Renegade secures the Best Buy Award among Subcompact SUVs and Ram 1500 captures the Best Buy Award for Large Pickup Trucks for the eighth straight year.
“We are happy to recognize FCA’s enduring success in the Large SUV and Large Pickup Truck classes,” said Tom Appel, Publisher of Consumer Guide Automotive. “We are equally happy to award the newest Jeep crossover Best Buy status for 2016.”
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 Dow Chemical Co (NYSE:DOW), declined -0.02% to $51.70, during its last trading session.
Jane Palmieri, business president, Dow Building & Construction, a business group of The Dow Chemical Company (DOW), has been selected as a 2015 recipient of Green Building & Design’s (gb&d’s) Women in Sustainability Leadership Award.
Green Building & Design, a magazine that promotes leading green professionals with a mission statement of creating a more sustainable world, created the awards to celebrate the achievements of women who are making lasting change in the environmental arena. In giving the awards, the magazine strives to identify, support and give opportunities to future women in leadership.
The Nov. 6 edition of gb&d declared this year’s recipients and Palmieri will be recognized at a ceremony on Nov. 19 in Washington, D.C.
“We are very proud that Jane is receiving this well-deserved accolade,” said Neil C. Hawkins, corporate vice president, EH&S, and chief sustainability officer. “For two decades, Jane has been a leader in Dow’s commitment to sustainability and energy efficiency both inside and outside the company – from assisting to develop technologies to lightweight automobiles and make solar power more accessible, to championing Dow’s energy and climate change policy proposals.”
The Dow Chemical Company manufactures and supplies products that are used primarily as raw materials in the manufacture of customer products and services worldwide. It operates through Agricultural Sciences, Consumer Solutions, Infrastructure Solutions, Performance Materials & Chemicals, and Performance Plastics segments.
Finally, Shares of Youku Tudou Inc (ADR) (NYSE:YOKU), remained flat at $26.49.
Alibaba Group Holding Limited and Youku Tudou Inc., declared their entry into a definitive merger agreement following which an associate of Alibaba Group (“Alibaba”) will acquire Youku Tudou Inc., a leading multi-screen entertainment and media company in China (“Youku Tudou”), in an all-cash transaction (the “Transaction”).
Upon completion of the Transaction, the shareholders of Youku Tudou, other than the current investment entity controlled by Alibaba, will have the right to receive US$27.60 per American Depositary Share (“ADS”, each representing 18 ordinary shares of Youku Tudou) in cash. The price represents a premium of 35.1% over the closing price of Youku Tudou’s ADSs on October 15, 2015, one day preceding to the date that Youku Tudou declared it had received a “going private” proposal from Alibaba, and a premium of 49.9% to the volume-weighted average closing price of Youku Tudou’s ADSs during the three months preceding to October 15, 2015.
Youku Tudou’s board of directors (the “Youku Tudou Board”), acting on the recommendation of an independent special committee of the Youku Tudou Board (the “Special Committee”), unanimously approved the merger agreement and the Transaction and recommends that Youku Tudou’s shareholders vote to authorize and approve the merger agreement and the Transaction.
Youku Tudou Inc. operates as an Internet television company in the People’s Republic of China. Its Internet television platform enables users to search, view, and share video content across various devices.