Shares of ConAgra Foods Inc (NYSE:CAG) ended Monday session in green amid volatile trading. The shares closed up +1.14 points or 2.63% at $44.46 with 439.35 million shares getting traded. Post opening the session at $43.42 the shares hit an intraday low of $43.34 and an intraday high of $44.54 and the price vacillated in this range throughout the day. The company has a market cap of $18.85 billion and the numbers of outstanding shares have been calculated to be 439.35 million shares.
ConAgra Foods Inc (CAG) on September 9, 2016 announced that it has been named to the Dow Jones Sustainability Index for the sixth consecutive year.
Recognized worldwide, Dow Jones Sustainability Indices measure the performance of the world’s sustainability leaders. Companies are selected for the indices based on a comprehensive assessment of long-term economic, environmental and social criteria. These account for general and industry-specific sustainability issues, such as corporate governance, health and nutrition, climate strategy, citizenship and philanthropy, and occupational health and safety.
“It’s an incredible honor to be named to the Dow Jones Sustainability North America Index for the sixth consecutive year,” said Sean Connolly, president and chief executive officer of ConAgra Foods. “As we continue our journey to becoming a more focused and higher performing company, our corporate citizenship objectives have remained a top priority. Inclusion on this index not only reflects our long term commitment to corporate citizenship, it also provides a valuable measure of the progress we are making.”
Shares of Allison Transmission Holdings Inc (NYSE:ALSN) ended Monday session in green amid volatile trading. The shares closed up +0.18 points or 0.66% at $27.50 with 167.54 million shares getting traded. Post opening the session at $27.09 the shares hit an intraday low of $26.92 and an intraday high of $27.62 and the price vacillated in this range throughout the day. The company has a market cap of $4.15 billion and the numbers of outstanding shares have been calculated to be 167.54 million shares.
Allison Transmission Holdings Inc (ALSN) on Aug. 18, 2016 announced its support of new standards issued by the U.S. Environmental Protection Agency (EPA) and the National Highway Traffic Safety Administration (NHTSA) regarding fuel efficiency and greenhouse gas (GHG) emissions for medium and heavy-duty vehicles.
“Given the complexity of the medium- and heavy-duty commercial vehicle manufacturing sector, we embraced the opportunity to work with the EPA and NHTSA to review technical issues and conduct additional testing in developing the new standards,” said Deborah Gordon, vice president of mobile source emissions regulatory activities for Allison Transmission.
The Phase 2 program is expected to lower carbon dioxide emissions by approximately 1.1 billion metric tons, save vehicle owners fuel costs of about $170 billion, and reduce oil consumption by up to 2 billion barrels over the lifetime of the vehicles sold under the program. Phase 2 will also use emerging technologies that are not yet in widespread use.
“With the ability to recognize fuel-saving features in our transmissions, we support use of the Greenhouse Gas Emissions Model (GEM) as the program’s primary certification tool,” said Gordon. “Our latest technologies are already enabling our customers to reduce fuel consumption and emissions without sacrificing performance.”