Shares of Apple Inc. (NASDAQ:AAPL) ended Wednesday session in green amid volatile trading. The shares closed up +3.82 points or 3.54% at $111.77 with 112.34 million shares getting traded. Post opening the session at $108.73, the shares hit an intraday low of $108.60 and an intraday high of $113.03 and the price vacillated in this range throughout the day. The company has a market cap of $616.60 billion and the numbers of outstanding shares have been calculated to be 5.39 billion shares.
On September 7, 2016 Apple® and Hermès introduced new Apple Watch® Hermès styles and an expanded assortment of bands that incorporate Hermès’ signature palette alongside a series of bold new colors. With a design process driven entirely by a shared ambition for ultimate beauty and utility, the collection pairs Apple Watch Series 2 with finely handcrafted leather bands in distinctive styles from Hermès, and features exclusive watch face designs inspired by the iconic Clipper, Cape Cod and Espace Hermès models. Apple Watch Hermès is the ultimate tool for modern living, a product of elegant, artful simplicity and functionality.
“Ours is a partnership born of parallel thinking and mutual regard — we share similar preoccupations, ever evolving and refining our design,” said Jonathan Ive, Apple’s chief design officer.
“We are united by the same vision, the uncompromising pursuit of excellence and authenticity, and the creation of objects that remain as relevant and functional as they are beautiful. This is a new step of our attelage,” said Pierre-Alexis Dumas, Hermès’ executive vice president, in charge of artistic direction.
Shares of Ford Motor Company (NYSE:F) ended Wednesday session in red amid volatile trading. The shares closed down -0.24 points or -1.94% at $12.14 with 62.45 million shares getting traded. Post opening the session at $12.18, the shares hit an intraday low of $12.11 and an intraday high of $12.31 and the price vacillated in this range throughout the day. The company has a market cap of $47.02 billion and the numbers of outstanding shares have been calculated to be 3.90 billion shares.
On September 14, 2016 Ford Motor Company (NYSE:F) tells investors the company is a strong investment with attractive upside as it invests in emerging opportunities and expands as an auto and mobility company.
During Investor Day presentations, Ford will outline the strategy and priorities it is using to deliver profitable growth going forward. Ford is evolving its business in three ways:
- Fortifying its core business by building on its global leadership in trucks, vans, commercial and performance vehicles and growing in global utility vehicles;
- Transforming traditionally underperforming parts of its core business, including luxury, small vehicles and select emerging markets, and
- Investing and reallocating capital in the company’s emerging opportunities, driving for leadership in electrification, autonomy and mobility.
“During the past six months, we’ve been focused as a leadership team on building Ford’s expanded business model – with a more clearly defined vision, strategy and roadmap on how to deliver success,” said Ford President and CEO Mark Fields. “We’ve been making important decisions and have agreed on three key principles to guide future capital allocation: where to play, where not to play and how to win.”