Shares of The Coca-Cola Co (NYSE:KO) ended Thursday session in red amid volatile trading. The shares closed down -0.08 points or -0.18% at $43.35 with 8.46 million shares getting traded. Post opening the session at $43.21, the shares hit an intraday low of $43.20 and an intraday high of $43.41 and the price vacillated in this range throughout the day. The company has a market cap of $187.92 billion and the numbers of outstanding shares have been calculated to be 4.32 billion shares.
On August 29, 2016 The Coca-Cola Company and its global bottling partners (the Coca-Cola system) announced they have met their goal to replenish, or in other words balance, the equivalent amount of water used in their global sales volume back to nature and communities. Based on this achievement, Coca-Cola is the first Fortune 500 company to publicly claim achieving such an aggressive water replenishment target.
The Coca-Cola system also announced progress against its water efficiency goal. The company and its bottling partners improved water use efficiency by 2.5 percent from 2014 to 2015, adding to a cumulative 27 percent improvement since 2004.
Based on a global water use assessment validated by LimnoTech and Deloitte, and conducted in association with The Nature Conservancy (TNC), the Coca-Cola system returned an estimated 191.9 billion liters of water to nature and communities in 2015 through community water projects, equaling the equivalent of 115 percent of the water used in Coca-Cola’s beverages last year.
“This achievement marks a moment of pride for Coca-Cola and our partners. A goal that started as aspiration in 2007 is a reality and a global milestone we plan to maintain as our business grows,” said Muhtar Kent, Chairman and CEO, The Coca-Cola Company. “Now, every time a consumer drinks a Coca-Cola product, they can have confidence that our company and bottling partners are committed to responsible water use and tomorrow. We are keenly aware that our water stewardship work is unfinished and remain focused on exploring next steps to advance our water programs and performance.”
Shares of Ford Motor Company (NYSE:F) ended Thursday session in red amid volatile trading. The shares closed down -0.16 points or -1.27% at $12.44 with 40.51 million shares getting traded. Post opening the session at $12.66, the shares hit an intraday low of $12.35 and an intraday high of $12.72 and the price vacillated in this range throughout the day. The company has a market cap of $49.62 billion and the numbers of outstanding shares have been calculated to be 3.90 billion shares.
On September 1, 2016 Lincoln sales rose 7 percent in the U.S. in August versus a year ago with 9,243 vehicles sold, while Ford Motor Company vans reached best-ever August sales with 20,355 vehicles sold. Overall U.S. company sales totaled 214,482 vehicles, an 8 percent decline.
Retail sales totaled 168,543 vehicles for the month – an 8 percent decrease. Fleet sales of 45,939 vehicles, including daily rental, commercial and government segments, were down 10 percent.
Lincoln’s retail sales grew 10 percent, thanks to a 55 percent retail increase in Lincoln MKX sales and an 8 percent uptick in MKZ retail sales.
“Strong sales of high-end Lincoln vehicles and Ford SUVs also helped us continue outpacing the industry in average transaction pricing, which increased $1,200 versus a year ago,” said Mark LaNeve, Ford vice president, U.S. Marketing, Sales and Service. “Vans continue to be a bright spot for Ford – a consistent growth story for us this year.”
August’s record van sales were up 13 percent versus a year ago, driven largely by Ford Transit gaining 17 percent, with 11,993 vehicles sold.