S&P 500 Lost Grounds; Ford Enters 2012 With Lot of Plans

Dec 31st, 2011

sp1The S&P 500 Index lost -5.42 points or 0.43% to end at 1,257.60, the index marked a 2% gain in January as the stocks displayed full strength in the early part of the year, saw a peak in April climbing more than 8%, than things turned more volatile and the index shed by October at its lowest levels of the year more than 12%.

This volatility resulted due to couple of events that impacted on economy as well as on stocks trading. The impact drawn by spike in energy costs related to civic and social unrest in the Middle East and North Africa, the massive earthquake in Japan, the Eurozone sovereign debt crisis, and downgrade of US debt rating by analysts at Standard & Poor’s from AAA to AA+.

Shares of Ford (F) gained +0.75% whereas the company reported that it is entering in 2012 along with efficiency development plans. The company updated that it will display competency in manufacturing practices not just only in its vehicle lineup and further minimize the amount of water used in vehicles making.

As a part of its yearly environmental business planning process, Ford is in continous effort to build up its year over year competence targets as it has established a cross functional team which is made up of numerous divisions to evaluate water handling more holistically.

Sue Cischke, group vice president, Sustainability, Environment and Safety Engineering commented that company water reduction target supported to keep a close eye on its critical resource that is water; which is top environmental priority for the company.

Moreover, during 2000 and 2010, Ford has minimized about 62% or 10.5 billion gallons of its global water usage.

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