Ford’s Ambitious Carbon Agenda, Inovio Surges on Flu Treatment, and 3 More Hot Stocks
Ford Motor Co. (NYSE:F): Ford is aiming at cutting its carbon dioxide emissions by 30 percent per vehicle by 2025, after a review revealed that the company had cut emissions by 37 percent between 2000 and 2012. The cuts will address everything from new products and technologies to the company’s manufacturing processes.
Inovio Pharmaceuticals, Inc. (AMEX:INO): Shares are surging over 8 percent following the announcement that the company’s H7N9 (Avian Flu) vaccine was able to produce a protective antibody response in 100 percent of patients vaccinated. First detected in January of this year, the avian flu has had 131 confirmed cases and held responsible for 39 deaths.
Lululemon Athletica (NASDAQ:LULU): Following the stock crater caused in part by the resignation announcement of CEO Christine Day, the company — rather, Day — has announced that the chain will open a line of standalone mens stores by 2016.
Comcast (NASDAQ:CMCSA): NBC Entertainment President Jennifer Salke has said that management at the broadcaster has two years to turn the network around, and pull its ratings out of the gutter. New shows on the network will be promoted on The Voice but will then need to stand on their own, she pointed out.
Hormel Foods Corp. (NYSE:HRL): KeyBanc has upgraded shares of Hormel from Hold to Buy, with a price target of $48 based on three factors leading to potential upside to 2014 earnings. The firm cites greater accretion from the Skippy transaction, lower costs at JOTS due to falling grain prices, and better growth from new products.
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