On Tuesday, Ford Motor Company (NYSE:F)’s shares inclined 3.81% to $14.31.
Ford Motor Company (F) and Alcoa Inc. (AA) are collaborating to produce next-generation automotive aluminum alloys that are more formable and design-friendly.
Ford will use Alcoa’s Micromill® material in multiple components on the 2016 F-150 – becoming the first automaker to use the advanced automotive aluminum commercially. The companies reached a joint development agreement to collaborate on next-generation aluminum alloys for automotive parts using Micromill™ technology.
Alcoa’s Micromill technology, declared in December 2014, produces an aluminum alloy that is 40 percent more formable than recently’s automotive aluminum.
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. This sector markets and sells its products through distributors and dealers, in addition to through dealerships to fleet customers, counting commercial fleet customers, daily rental car companies, and governments.
Paypal Holdings Inc (NASDAQ:PYPL)’s shares gained 0.09% to $33.80.
PayPal, the global leader in payments, declared that it will be making a noteworthy expansion to its Seller Protection policy in six markets in Asia — Indonesia, Malaysia, Singapore, the Philippines, Thailand and Vietnam. The expanded protection will now cover eligible intangible goods counting e-booking of travel tickets, tickets for an event, cab rides, services and more, which are based on unauthorized transactions. With its industry leading risk models and technology, PayPal is the only payments company offering such protection to both buyers and sellers in Southeast Asia in a frictionless and secure manner.
Under this program, PayPal will provide expanded coverage in the event a customer files an unauthorized chargeback, or an unauthorized claim against a seller for services or eligible intangible goods. Sellers will have an opportunity to respond to the claim within a reasonable period through proof of fulfilling the order. This will provide Southeast Asian merchants with greater confidence when trading domestically and overseas, whether they are selling physical or intangible goods.
PayPal Holdings, Inc. operates as a technology platform company that enables digital and mobile payments on behalf of consumers and merchants worldwide. It enables businesses of various sizes to accept payments from merchant Websites, mobile devices, and applications, in addition to at offline retail locations through a range of payment solutions across company’s payments platform, counting PayPal, PayPal Credit, Venmo, and Braintree products.
At the end of Tuesday’s trade, Newmont Mining Corp (NYSE:NEM)‘s shares surged 0.41% to $15.97.
Newmont Mining Corporation (NEM) was ranked by the Dow Jones Sustainability World Index (DJSI World) as the mining industry’s leader in overall sustainability, marking the ninth successive year the company has been comprised of on the index. This year, the DJSI World – one of the most highly regarded sustainability indices – comprises 317 global companies identified as leaders in the areas of sustainable economic, environmental and social performance. Newmont was the first gold company named to the index in 2007, and has been comprised of on the DJSI North America Index every year since 2006.
In addition to being ranked the overall industry leader in the mining sector, Newmont received the highest score in a number of areas counting climate strategy; environmental policy/administration systems; corporate citizenship and philanthropy; and labor practices and human rights.
DJSI World tracks the performance of 2,500 leading companies worldwide, independently evaluating their long-term economic, environmental and social performance. The top 10 percent of performers are selected from among each industry group. DJSI evaluates companies based on a variety of criteria, counting transparency, corporate governance, risk and crisis administration, environmental administration and performance, climate strategy, water risks, stakeholder engagement, local community development, labor practices, human rights and safety.
Newmont Mining Corporation operates in the mining industry. It primarily acquires, develops, explores for, and produces gold, copper, and silver deposits. The company’s operations and/or assets are located in the United States, Australia, Peru, Indonesia, Ghana, and New Zealand. As of December 31, 2014, it had proven and probable gold reserves of 82.2 million ounces and an aggregate land position of about 20,000 square miles.
Tyson Foods, Inc .(NYSE:TSN), ended its Tuesday’s trading session with 0.99% gain, and closed at $43.73.
Tyson Foods (TSN) is under fire again after a new undercover video depicts inhumane abuse at a chicken facility in Texas. The Animal Legal Defense Fund (ALDF), an animal rights group, went under cover for 21 days to document the cruelty.
Carter Dillard, Director of Litigation for ALDF tells FOXBusiness.com that Tyson Foods, who is one of the largest chicken producers in the United States (and operates 45 slaughterhouses), is to blame.
The group has filed complaints with the U.S. Department of Agriculture (USDA), the Occupational Safety and Health Administration (OSHA), and the U.S. Securities and Exchange Commission (SEC). They are also asking the Attorney General of the State of Delaware, where Tyson Foods is incorporated, to investigate and sanction the company.
In an email to FOXBusiness.com, Tyson Foods says they’re still reviewing the video but want consumers to know that they are committed to proper animal handling and workplace safety.
Tyson says in addition to training, they regularly conduct internal animal handling audits and they’re also subjected to third party audits as well, according to the FOXBusiness.com
Last month, FOXBusiness.com reported a similar story, where another Tyson foods farm in Tennessee, who was supplying meat to McDonald’s (MCD) was caught beating chickens with spikes and stepping on their heads to break their necks.
Tyson Foods, Inc., together with its auxiliaries, produces, distributes, and markets chicken, beef, pork, prepared foods, and related allied products worldwide. The company breeds and raises chickens; and processes live chickens into fresh, frozen, and value-added chicken products. It also processes live fed cattle, and live market hogs and allied products; fabricates pork and dressed beef carcasses into primal and sub-primal cuts and case-ready products; and sells hides and meats. In addition, the company manufactures and markets frozen and refrigerated food products, such as pepperoni, bacon, beef and pork pizza toppings, pizza crusts, flour and corn tortilla products, appetizers, prepared meals, ethnic foods, soups, sauces, side dishes, meat dishes, and processed meats. It sells its products through sales staff, independent brokers, and trading companies primarily under Tyson, Jimmy Dean, Hillshire Farm, Sara Lee frozen bakery, Ball Park, Wright, Aidells, and State Fair brand names.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.
