Hot Stock Cheat Sheet: Ford, Chesapeake, Green Mountain
Ford Motor Co. (NYSE:F) divests the facility of its former subsidiary Visteon Corp. at Saline, and assists the creation of a joint venture for Detroit-area vendors Faurecia North America and Rush Group, says a report in The Detroit News.
Further Reading: Ford Spin-Off Will Create This New Venture>>
Chesapeake Energy Corporation (NYSE:CHK): New rules from the Interior Department would direct companies conducting fracking, to devise a program for water monitoring that would ensure that the chemicals involved are not seeping into groundwater.
Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR) shares move up at last, following the company’s 2-for-1 stock split, in which shares were not distributed. The jump could also be attributed to profit taking by short sellers and from remarks by Starbucks CEO Howard Schultz that K-Cup sales are moving.
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