On Thursday, Shares of Ford Motor Co. (NYSE:F), gained 0.80% to $15.14.
Ford Motor Company, celebrates its commitment to southeast Michigan with the Ford Fireworks in Detroit on Monday, June 22, counting a special salute to the nation’s military with a flyover by World War II-era airplanes.
Ford is title sponsor of the Ford Fireworks in Detroit through a multiyear partnership with The Parade Company. Featuring more than 10,000 pyrotechnic effects visible for miles along the Detroit River, the fireworks event, now in its 57th year, will start at 10:06 p.m.
As part of the celebration, Ford Motor Company Fund, the company’s philanthropic arm, is collaborating with Yankee Air Museum in Belleville, Mich., to host Focus on Freedom. This special event honors 250 current and former members of the military and their families with a reception at the Detroit/Wayne Port Authority building, and an up-close view of the fireworks.
This year, three airplanes from the Yankee Air Museum — a B-17 Flying Fortress, B-25 Mitchell and Douglas C-47D Skytrain — will make several passes along the Detroit Riverfront about 90 minutes before the fireworks start.
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 AirMedia Group Inc. (NASDAQ:AMCN), declined -23.97% to $3.52, during its last trading session.
AirMedia Group, declared that its Board of Directors has received a non-binding proposal letter, dated June 19, 2015, from Mr. Herman Man Guo, Chairman of the Board and Chief Executive Officer of the Company, on behalf of himself and administration of the Company, proposing a “going-private” transaction to acquire all of the outstanding ordinary shares of AirMedia not already owned by the Buyer Group for US$6.00 in cash per American depositary share (“ADS”), which represents a premium of 70.5% to the closing trading price of the Company’s ADS on June 18, 2015, the last trading day preceding to the date hereof.
The Buyer Group beneficially owns an aggregate of about 38% of all of the Company’s issued and outstanding ordinary shares.
According to the proposal letter, the Buyer Group intends to fund the consideration payable in the Transaction with a combination of debt and/or equity capital, and rollover equity in the Company.
AirMedia Group Inc. operates out-of-home advertising platforms primarily in the People’s Republic of China. The company operates a network of digital TV screens on planes operated by seven airlines; traditional media in airports, such as light boxes, billboards, and painted advertisements; and gas station media displays, in addition to other outdoor media displays out of the air travel advertising sector.
Finally, Noble Corporation plc (NYSE:NE), ended its last trade with -3.39% loss, and closed at $15.69.
Noble Corporation, declared that its report of drilling rig status and contract information has been updated as of June 18, 2015.
Noble Corporation plc operates as an offshore drilling contractor for the oil and gas industry worldwide. It owns and operates a fleet of mobile offshore drilling units.
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