Ford Motor Co has rejected a pitch to make a new investment in its Windsor, Ontario, plants and decided to put the money in Mexico as the company originally planned, the head of Canada's main auto workers' union said on Friday.Unifor President Jerry Dias called the decision a significant blow, saying the program would have stabilized the Windsor operation for a decade, bringing a new engine program to the facilities."This was a project that was earmarked for Mexico and we tried to have it diverted to Canada," he told Reuters. "We were close but just couldn't get it over the finish line."In a release, Unifor said the program would have created 1,000 new jobs in Windsor, one of Canada's auto manufacturing hubs, located just across the border from Detroit. The Globe and Mail reported on Friday that the investment could have been about C$2 billion ($1.8 billion).
Ford Motor Company (Ford) is a producer of automobiles. Shares of F fell by 4.24% or $-0.61/share to $13.79. In the past year, the shares have traded as low as $13.26 and as high as $18.12. On average, 29504200 shares of F exchange hands on a given day and today's volume is recorded at 49496528.
The Finish Line, Inc. together with its subsidiaries, is a mall-based specialty retailers in the United States, and operates two retail divisions under the Finish Line brand name (Finish Line) and Running Specialty Group (Running Specialty). Shares of FINL fell by 0.71% or $-0.18/share to $25.12. In the past year, the shares have traded as low as $22.99 and as high as $31.90. On average, 870545 shares of FINL exchange hands on a given day and today's volume is recorded at 391111.
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