Shares of General Motors Company (NYSE:GM) ended Wednesday session in red amid volatile trading. The shares closed down -0.22 points or -0.69% at $31.89 with 12.55 million shares getting traded. Post opening the session at $31.99, the shares hit an intraday low of $31.62 and an intraday high of $31.99 and the price vacillated in this range throughout the day. The company has a market cap of $49.75 billion and the numbers of outstanding shares have been calculated to be 1.56 billion shares.
General Motors Company (GM) designs, builds, and sells cars, crossovers, trucks, and automobile parts worldwide. The company operates through GM North America, GM Europe, GM International Operations, GM South America, and GM Financial segments. It markets its vehicles primarily under the Buick, Cadillac, Chevrolet, GMC, Opel, Holden, Vauxhall, Baojun, Jiefang, and Wuling brand names. The company also sells cars and trucks to dealers for consumer retail sales, as well as to fleet customers, including daily rental car companies, commercial fleet customers, leasing companies, and governments.
Shares of Mondelez International Inc (NASDAQ:MDLZ) ended Wednesday session in red amid volatile trading. The shares closed down -0.82 points or -1.85% at $43.60 with 7.27 million shares getting traded. Post opening the session at $44.44, the shares hit an intraday low of $43.54 and an intraday high of $44.51 and the price vacillated in this range throughout the day. The company has a market cap of $68.17 billion and the numbers of outstanding shares have been calculated to be 1.56 billion shares.
Mondelez International Inc (MDLZ) on Sept. 07, 2016 outlined its compelling total return framework, including significant ongoing progress reducing costs and expanding Adjusted Operating Income margin. The company also updated investors on its strategies to accelerate growth, including a major foray into both the mainstream and premium segments of the U.S. chocolate category with its Oreo and Green & Blacks brands.
“Our advantaged platform positions us as one of the few industry players with the assets and ambition to deliver strong, sustainable growth on both the top and bottom lines, while we also return significant cash to our shareholders,” said Brian Gladden, Executive Vice President and Chief Financial Officer. Since the launch of the company in October 2012, Mondelēz International has delivered total shareholder return of 72 percent, which has outpaced both the S&P 500 and its consumer staples peers.