Rochester, NY 6/12/2009 4:08:42 PM
"After Market Most Active - NYSE" sourced by WhisperfromWallStreet.com - FORD MOTOR CO,F - DR PEPPER SNAPPLE GP,DPS
FORD MOTOR CO - DR PEPPER SNAPPLE GP
"After Market Most Active - NYSE" sourced by WhisperfromWallStreet.com - FORD MOTOR CO,F - DR PEPPER SNAPPLE GP,DPS
FORD MOTOR CO,F
After Hours: 5.94 Up 0.08 (1.34%) 4:21AM ET
Last Trade: 5.98
Day's Range: 5.75 - 6.24
52wk Range: 1.01 - 6.75
Volume: 5,353
CARACAS, Venezuela (AP) -- Ford Motor Co. is cutting production at its Venezuelan assembly plant by 10 percent this year because the government has not allowed the affiliate to buy enough U.S. dollars to import parts.
Gabriel Lopez, president of Ford's local affiliate, says the Detroit-based automaker isn't planning a shutdown. But the Venezuelan Automobile Chamber warns that production at some car plants could be paralyzed by problems in importing parts.
Venezuela's government has restricted access to U.S. currency since 2003, requiring companies to seek state approval to buy dollars at a fixed exchange rate. The state has tightened up even more since the drop in world oil prices slashed its main source of earning dollars.
ABOUT
Ford Motor Company designs, develops, manufactures, and services cars and trucks worldwide. It operates in two sectors, Automotive and Financial Services. The Automotive sector sells vehicles under Ford, Mercury, Lincoln, and Volvo brand names. This sector markets cars, trucks, and parts through retail dealers in North America, and through distributors and dealers outside of North America. It also sells cars and trucks to dealers for sale to fleet customers, including daily rental car companies, commercial fleet customers, leasing companies, and governments. In addition, this sector provides retail customers with a range of after-the-sale vehicle services and products in areas, such as maintenance and light repair, heavy repair, collision, vehicle accessories, and extended service warranty under brand names, including Genuine Ford, Lincoln-Mercury Parts and Service, Ford Custom Accessories, Ford Extended Service Plan, and Motorcraft.
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DR PEPPER SNAPPLE GP,DPS
After Hours: 22.08 0.00 (0.00%) 8:00PM ET
Last Trade: 22.08
Day's Range: 22.06 - 22.86
52wk Range: 11.83 - 26.82
Volume: 1,951,627
Dr Pepper Snapple Group, Inc. engages in owning, bottling, and distributing non-alcoholic beverages in the United States, Canada, Mexico, and the Caribbean. It provides flavored carbonated soft drinks (CSD) and non-carbonated beverages (NCB), including ready-to-drink teas, juices, juice drinks, and mixers. The company offers its CSD products under the Dr Pepper, 7UP, Sunkist, A&W, Canada Dry, Schweppes, Squirt, RC, Crush, Diet Rite, Sundrop, Welchs, Vernors, and Country Time brand names; and NCB products under the Snapple, Motts, Hawaiian Punch, Clamato, Nantucket Nectars, Venom Energy, Yoo-Hoo, Orangina, Mistic, Mr and Mrs T, Roses, Margaritaville, Stewarts, and IBC brand names. Dr Pepper Snapple Group sells its products to bottlers and distributors, retailers, and large foodservice and convenience store customers. The company was incorporated in 2007 and is headquartered in Plano, Texas. Dr Pepper Snapple Group, Inc. operates independently of Cadbury plc as of May 7, 2008.
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