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Ford Motor Co. (NYSE:F) Issues Three Safety Recalls In North America- Five Below, Inc. (NASDAQ:FIVE), Schlumberger Limited (NYSE:SLB)

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Ford Motor Co. (NYSE:F) Issues Three Safety Recalls In North America- Five Below, Inc. (NASDAQ:FIVE), Schlumberger Limited (NYSE:SLB)

by Lucy Ryan
March 26, 2015
in Business News
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Automaker, Ford Motor Co. (NYSE:F) released on Wednesday that it issued three safety recalls in North America that covers a total of around 221,100 vehicles. Though, no accidents or injuries are attributed to these recall related conditions. The company issued a safety recall for 212,911 2011-2013 Ford Explorer and Ford Police Interceptor Utility vehicles in North America for an issue with the spring that controls the interior door handles. Ford Motor Co. (NYSE:F) stock has highest price of $16.55 in last session, beginning with a price of $16.52 and reported a decrease of -2.29% to the closed at $16.18 with a day range of $16.18-$16.55. The stock is going forward its 52-week low with 24.40% and moving down from its 52 week high price with -8.34%.

Discount retailer, Five Below, Inc. (NASDAQ:FIVE) released on Wednesday that it released Q4 net earnings of $33.3 million or $0.61 per share compared with $24.5 million or $0.45 per share last year. Revenues for the quarter increased 24.4% to $263.8 million from $212 million in the prior year. Shares of Five Below, Inc. (NASDAQ:FIVE) traded at $32.22 by moving down -1.44% with price volatility of 4.00% for a week and 2.98% for a month.

Schlumberger Limited (NYSE:SLB), a wholly-owned subsidiary of Schlumberger Ltd. (SLB), has decided to signs a guilty plea and to pay a $232.71M penalty to the United States for conspiring to violate the International Emergency Economic Powers Act or IEEPA by willfully facilitating illegal transactions and engaging in trade with Iran and Sudan. Schlumberger Limited (NYSE:SLB) stock hit highest price at $84.12, beginning with a price of $82.65 and reported a gain of 1.76% to the closed at $83.29 with a day range of $82.32-$84.12. The total market capitalization remained 106.22 Billion, total volume of 8.22 Million shares held in the session was surprisingly higher than its average volume of 8566.19 shares.

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Lucy Ryan

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