CG Stocks Zone – Kellogg Company (K), Ford Motor Company (F)
Shares of Kellogg Company (NYSE:K) ended Thursday session in red amid volatile trading. The shares closed down -0.21 points or -0.28% at $75.97 with 1.69 million shares getting traded. Post opening the session at $75.94, the shares hit an intraday low of $75.48 and an intraday high of $76.17 and the price vacillated in this range throughout the day. The company has a market cap of $26.62 billion and the numbers of outstanding shares have been calculated to be 350.26 million shares.
Kellogg Company (K) and Act4HlthyKids team to provide students breakfasts in 187 schools.
By Ellen Dillon, Senior Manager, School Breakfast Programs, Action for Healthy Kids
As a former schoolteacher, I can’t imagine trying to teach kids when their most recent meal was yesterday’s lunch. Yet that’s what many of our nation’s teachers face each day: a roomful of students who aren’t hungry to learn – because they’re simply hungry.
It’s a battle no one wins. Research tells us that kids who start the day with breakfast tend to do better in school. But when kids have growling stomachs and hunger headaches, teachers can’t teach. Discipline problems pop up. All for lack of a simple, nutritious breakfast.
That’s what motivates us here at Action for Healthy Kids® (AFHK). Our School Breakfast for Healthy Kids program helps more kids get the breakfast they need, thanks to our partnership with Kellogg Company. Kellogg Company Fund grants will help AFHK provide school breakfast programs for 187 schools in 24 districts for the 2016-2017 school year – up from the 151 schools funded during the 2015-2016 school year. This support helps schools pay for needed equipment and other costs associated with breakfast programs without burdening their already-tight budgets. In addition, AFHK’s technical assistance provides additional best practices and resources to support district food service staff with their changes.
Shares of Ford Motor Company (NYSE:F) ended Thursday session in red amid volatile trading. The shares closed down -0.09 points or -0.72% at $12.39 with 25.88 million shares getting traded. Post opening the session at $12.43, the shares hit an intraday low of $12.33 and an intraday high of $12.51 and the price vacillated in this range throughout the day. The company has a market cap of $50.36 billion and the numbers of outstanding shares have been calculated to be 3.90 billion shares.
Ford Transit vans U.S. sales grew 6 percent last month with 10,799 vans sold. Overall Ford U.S. September sales totaled 204,447 vehicles, an 8 percent decline versus a year ago.
Retail sales declined 4 percent in September, with 162,327 vehicles sold for the month. Fleet sales of 42,120 vehicles, including daily rental, commercial and government segments, were down 21 percent, consistent with the company’s plan to front-load fleet sales this year. Sales to daily rental companies declined 36 percent for the month.
“We continue seeing strong customer demand, especially for vans and pickup trucks, including our all-new Super Duty,” said Mark LaNeve, Ford vice president, U.S. Marketing, Sales and Service. “Demand for a rich mix of our all-new Super Duty pickups helped boost Ford’s average transaction prices by $1,100 versus a year ago, outpacing the industry’s $400 average.”