MEXICO CITY (MarketWatch) — Ford Motor Co. F +0.20% will invest $1.3 billion in its Mexico operations to build the new generation of one of its most-popular models, the mid-size Ford Fusion, company officials said Friday. The investment will be made in Ford’s stamping-and-assembly plant in Hermosillo, Sonora, where the company has already built 1.1 million Fusion cars since 2005, said Mark... 

Solar-energy-management device maker Enphase Energy Inc. ENPH +22.33% saw its shares jump 25% on their opening trade Friday, the company’s first day as a public stock. The stock opened at $7.50 on the Nasdaq after pricing at $6 a share, which was the low end of its price talk and well below the range of $10 to $12 a share it previously expected to garner in the offering. Enphase sold nine million... 

Sealy Corp. ZZ -1.05% posted a surprise fiscal first-quarter profit on strong international sales and higher pricing, which improved the mattress maker’s margins. Shares jumped 9% to $2.05 after hours on the stronger-than-expected results. The stock had fallen 29% over the past year through Tuesday’s close. Sealy has reported mixed results over the past year as the company struggles to... 

NEW YORK (MarketWatch) — Standard & Poor’s may downgrade Residential Capital, the struggling mortgage subsidiary of Ally Financial Inc. , depending on a pending debt exchange. S&P currently has ResCap’s existing CC ratings on CreditWatch with negative implications. However, S&P could slap ResCap with a “selective default” rating and lower the ratings on two... 

FSI International Inc.’s FSII +1.77% fiscal second-quarter earnings fell 25% as the microelectronics-equipment maker was hurt by rising costs and expenses. However shares climbed nearly 11% to $5.08 as revenue beat expectations, orders more than doubled and the company gave an upbeat revenue forecast for the current quarter. Through the close, the stock is up 26% this year. FSI International... 

Company History Action Products International, Inc. was originally incorporated in New York in 1977. The company relocated its operations and state of incorporation to Florida in 1980 and went public on the NASDAQ stock market in 1984. The company began as a distributor of education-oriented toys, children’s books, stationery and souvenirs, supplying to museum gift shops exclusively. In 1997, we... 

A partnership led by Chesapeake Energy Corp. CHK -0.16% plans to spend about $900 million on a system to collect and move natural gas from eastern Ohio, deepening the company’s investment in the state’s Utica shale region. The move comes at a challenging time for natural gas companies struggling with a supply glut that has pushed prices to 10-year lows. The planned system unveiled Tuesday... 

SINGAPORE -(MarketWatch)- Singapore Airlines Ltd. (C6L.SG, SINGY) has asked its pilots to volunteer for up to two years of unpaid leave amid a business slowdown, according to a company spokesman. Pilots who take up the offer will be allowed to work for other companies with permission, Singapore Airlines spokesman Nicholas Ionides said in an emailed response to a query from Dow Jones Newswires on Friday. “This... 

Pandora Media Inc.’s P -21.93% fourth-quarter loss widened as the Internet-radio operator’s costs increased, masking improved revenue. Shares dropped 13% to $12.40 as the company also issued first-quarter and full-year guidance that sharply missed analyst expectations. For the current quarter, Pandora expects an adjusted loss of 18 cents to 21 cents a share on revenue between $72 million... 

Finisar Corp.’s FNSR -10.79% fiscal third-quarter earnings fell 53% as lower demand pushed down the telecommunications equipment provider’s sales, prompting a cautious current-quarter outlook. Shares fell 9.2% to $18.42 after-hours Wednesday as the company forecast adjusted fiscal fourth-quarter earnings between 18 cents and 22 cents a share on revenue of $235 million to $250 million. Analysts’...