Banco Santander, GE, Unilever, Ford Motor Among Most Active Stocks Friday
Banco Santander, S.A. (NYSE:STD): Moody’s Investors Service updated its timetable for concluding the reviews of Western European banks and of firms with global capital markets operations. Moody’s is taking an appropriately deliberate approach during this review process and will conclude when it is confident that all relevant information has been received and analyzed. As noted in a previous communication on March 15, the review timeline is subject to change and Moody’s intends to keep the market informed of any relevant updates. The next rating action is now expected to occur in early May. Moody’s expects to conclude the reviews by the end of June.
General Electric Company (NYSE:GE): GE Healthcare’s Medical Diagnostics business has entered into research collaboration with Clino Ltd., a venture by Tohoku University to discover in vivo imaging tracers for tau proteins that accumulate in the brains of Alzheimer’s Disease patients. GE Healthcare and Clino will consider collaborations with other companies and research institutes developing tau protein therapies. These are among the many efforts aimed at contributing to the early, precise diagnosis and treatment of Alzheimer’s. GE Healthcare is a unit of General Electric Co. (NYSE:GE).
Unilever N.V. (NYSE:UN): After protracted negotiations that included Unilever sweetening its terms during last-ditch talks last month, two of the three unions representing the company’s workers in the U.K. has agreed to new terms, according to Financial Times.
Ford Motor (NYSE:F): Weight reductions of up to 750 pounds on future Ford vehicles are key to meeting fuel economy and electric vehicle range targets. Ford Motor (NYSE:F) is partnering with Dow Automotive Systems, a business unit of Dow Chemical (NYSE:DOW), to research the use of advanced carbon fiber composites in high-volume vehicles.
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