Ford Motor Company (NYSE:F): In a bid to turnaround sales of its luxury Lincoln cars, Ford Motor ‘s (NYSE:F) new MKZ sedan will feature a 15 square foot retractable glass roof that will be demonstrated at the New York auto show on April 4, reports Bloomberg. Also, Ford announced a $1.3B investment in its Hermosillo Stamping and Assembly Plant, creating 1,000 jobs locally and all-new Ford Fusion and Lincoln MKZ lineups.
Nokia Corporation (NYSE:NOK): With the shipments of touch screen displays for tablets and smartphones booming, the touch controller IC market is on pace to nearly triple in size during a five year period, according to IHS iSuppli and reported in Digitimes.
Williams Companies, Inc. (NYSE:WMB): Williams Companies 26M share Spot Secondary priced at $30.59.
The deal priced at the high end of the $30.00-$30.59 range. Barclays, Citigroup, UBS, Deutsche Bank and JPMorgan acted as joint book running managers for the offering.
Dunkin Brands Group Inc (NASDAQ:DNKN): Dunkin’ Brands 26.4M share Secondary priced at $29.50. The deal size was increased to 26.4M shares from 22M shares. JPMorgan, Barclays, Morgan Stanley and BofA/Merrill acted as joint book running managers for the offering. Dunkin’ Donuts announced that a limited partnership with Jerry Jones and Troy Aikman to open at least 50 new Dunkin’ Donuts restaurants throughout the Dallas/Fort Worth region over the next five years. Under the agreement, Dunkin’ Donuts, the Jones Family and Aikman will share ownership of the new Dunkin’ Donuts restaurants and 11 of the 19 existing locations. The company expects that restaurants in these new markets will begin to open in early 2013.
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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com
To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com
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