Uptrend Stocks At Street: Ford Motor Co. (NYSE:F), Cree, Inc. (NASDAQ:CREE), Nobilis Health Corp. (NYSEMKT:HLTH)


Ford Motor Co. (NYSE:F) scheduled to start agreement talks with the United Auto Workers union in two weeks, aims to move production of two small cars outside of the U.S. from a Michigan factory, as per reported to a person familiar with the matter. The shift will happen in 2018, according to Ford in an e-mailed statement Thursday, without saying where. Leaflets posted by UAW members at the Wayne, Michigan, plant said the Focus compact and C-Max hybrid will be produced in a foreign country, according to the person, who asked not to be identified revealing union communications. The company declined to comment on a location. “We actively are pursuing future vehicle alternatives to produce at Michigan assembly and will discuss this issue with the UAW leadership as part of the upcoming negotiations,” Dearborn, Michigan-based Ford said in the statement. Ford Motor Co. (NYSE:F) stock has highest price of $14.62 in last session, beginning with a price of $14.60 and reported a decrease of -0.28% to close at $14.33 with a day range of $14.27-$14.62.

Cree, Inc. (NASDAQ:CREE) released that purchase of Arkansas Power Electronics International, or APEI, a worldwide leader in power modules and power electronics apps. Combining two highly complementary innovators, the takeover enables Cree’s Power and RF business to expand its leadership position and assist to accelerate the market for high-performance, best-in-class SiC power modules. Cree noted that this acquisition strengthens its market-leading position for SiC power electronics, infusing the Power and RF business with additional intellectual property and applications expertise at the systems level from APEI. Cree, Inc. (NASDAQ:CREE) stock hit highest price at $25.41, beginning with a price of $25.20 and reported a loss of -0.28% to close at $24.80 with a day range of $24.71-$25.41. The total market capitalization remained 2.70 Billion, total volume of 2.05 Million shares held in the session was surprisingly higher than its average volume of 2240.33 shares.

Nobilis Health Corp. (NYSEMKT:HLTH) released on Thursday that it hired Kenny Klein to serve as the firm’s CFO. Nobilis’ outgoing CFO, Andy Chen will assume revenue cycle as well as development responsibilities with the firm as its Executive Vice President of Finance. Klein has served as Nobilis’ Chief Accounting Officer since April 2015. Prior to joining Nobilis, Klein served for over five years as Senior Vice President, Chief Financial Officer and Treasurer of the Menninger Clinic. He has over 26 years of experience in financial accounting & reporting, analysis, management, auditing, treasury and human resources, focusing primarily in the health care, construction and financial services industries. Shares of Nobilis Health Corp. (NYSEMKT:HLTH) traded at $6.99 by moving down -0.85% with price volatility of 4.74% for a week and 5.00% for a month.

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Jason Dinner