New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
September 25, 2012
16:21 EDTRIMM, KEG, TSLA, MTN, CAT, MACKOn The Fly: Closing Wrap
Stocks on Wall Street were lower as unrest in Spain brought the difficult fiscal challenges facing Europe back into the spotlight. Stocks opened slightly higher as the market was helped in part by better than expected consumer confidence and home price data. With little else for investors to key on domestically, the averages weakened in the afternoon, as European headlines again drove concern... ECONOMIC EVENTS: Domestically, the S&P/Case-Shiller 20-city home prices index for July indicated that prices rose 1.2%, beating expectations. The consumer confidence reading for September rose to 70.3 and the FHFA home prices index for July was up 0.2%. In Europe, protesters in Spain took to the streets to voice their displeasure with further austerity measures. Also, Germany's Jorg Asmussen, an executive board member of the European Central Bank, said any additional Greek financing needs to come from EU member states and not the ECB... COMPANY NEWS: After lowering its 2015 guidance late Monday, shares of Caterpillar (CAT) were down $3.86, or 4.25%, to $87.01... Tesla Motors (TSLA) shares fell $3.00, or 9.78%, to $27.66 after the company reduced its second half of 2012 Model S delivery guidance and cut its revenue outlook for the year... MAJOR MOVERS: Among the notable gainers were Research in Motion (RIMM), up 30c, or 4.68%, to $6.60 after saying BlackBerry subscribers now total 80M during a company hosted conference, and Vail Resorts (MTN), up $4.37, or 8.29%, to $57.10 after its quarterly revenues beat expectations and its losses were not as steep as forecast. Noteworthy losers included Key Energy (KEG), down $1.02, or 12.52%, to $7.13 after lowering its Q3 expectations, and Merrimack (MACK), down $1.85, or 16.91%, to $9.09 as an IPO lockup period expired today for the shares... INDICES: The Dow lost 101.37, or 0.75%, to 13,457.55; the Nasdaq fell 43.05, or 1.36%, to 3,117.73; and the S&P 500 declined 15.30, or 1.05%, to 1,441.59.
News For CAT;TSLA;RIMM;MTN;KEG;MACK From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
June 23, 2015
11:39 EDTTSLAStocks with call strike movement; TSLA MU
Subscribe for More Information
June 22, 2015
17:46 EDTCATCaterpillar to lay off 50 more workers in East Peoria, Reuters says
Subscribe for More Information
17:04 EDTKEGKey Energy names Robert Drummond COO
Key Energy (KEG) Services announced that Robert Drummond has joined the company as president and COO, effective immediately. Drummond was formerly employed by Schlumberger (SLB) for 31 years, serving in various positions of increasing responsibility including management, business development and operations. He most recently served as president of Schlumberger Limited's North American business unit.
16:00 EDTTSLAOptions Update; June 22, 2015
iPath S&P 500 VIX Short-Term Futures down 78c to 17.45. Option volume leaders: AAPL FB BAC CHK WMB BABA TWTR MU AMBA TSLA JPM
12:18 EDTTSLATesla volatility low after saying Model 3 'remains on schedule'
Subscribe for More Information
11:33 EDTTSLATesla off lows after saying Model 3 'remains on schedule'
Shares of Tesla are off their lows after the company told Bloomberg that production of the $35,000 Model 3 "remains on schedule." The comment comes after website Inside EVs reported yesterday that production of the lower priced model was pushed back to 2018. The Model 3 will reach full production in 2018, but production will start in 2017, the electric car maker told Bloomberg in an emailed statement. Shares of Tesla are down $2.51 to $260.00 in morning trading. The stock fell as low as $255.69 today.
11:17 EDTTSLATesla spokesperson says Model 3 'on schedule,' Bloomberg reports
Subscribe for More Information
10:06 EDTTSLATesla delays Model 3 launch to 2018, InsideEVs reports
Subscribe for More Information
09:48 EDTTSLATesla's need for cash and high stock price may be risky, WSJ reports
Tesla may be raising more money while it can after taking out a revolving credit agreement with several major banks, reports the Wall Street Journal. Current Finance Chief Deepak Ahuja's successor will likely make use of the new funding as the company's CapEx have often outpaced its operating cash flow. But if the Model X launch stumbles, the cash burn could exceed $1.5B and may end 2015 with less than $1B in available liquidity in a gloomier scenario. Reference Link
June 19, 2015
07:50 EDTTSLATesla wins $15M tax break from California, L.A. Times reports
Tesla Motors has won a $15M tax break from the state of California, the L.A. Times reports. The California Governorís Office of Business and Economic Development voted to include the auto maker among more than 60 companies that will share in an almost $50M tax break package, the report says. Tesla said it will use the money to add over 4,000 new jobs to its Bay Area factories and plants, enough jobs to make it the largest manufacturing employer in the state of California, the L.A. Times says. Reference Link
05:40 EDTMACKTESARO a favorite stock for second half of year at Mizuho
Subscribe for More Information
June 18, 2015
12:04 EDTTSLAActive options: AAPL ORCL FB RAD BAC HTZ MU GE TSLA AMZN BABA KO
Subscribe for More Information
11:31 EDTCATCaterpillar trends appear negative for Cummins, says Wells Fargo
Subscribe for More Information
09:35 EDTTSLAActive equity options trading on open
Subscribe for More Information
09:15 EDTCATCaterpillar reports retail machines sales down 12% in three months end May
Caterpillar reported in a regulatory filing that its total retail machines sales were down 12% on a three month rolling basis in May. For reference, retail sales of machines were down 11% in the period ending in April and were down 12% in the period ending in March. The company reported world Resources Industries sales down 8% in the May period, which was better than the 9% drop in the April end period. Construction Industries world sales were down 14%, worse than the 12% drop in the April period. Total Energy & Transportation Retail Sales were down 6% in the May end period, which was better than the 8% decline seen in the April period.
08:59 EDTCATCaterpillar and Modustri to collaborate on equipment monitoring technology
Subscribe for More Information
June 17, 2015
14:42 EDTTSLAOption volume leaders
Subscribe for More Information
11:34 EDTTSLATesla enlists leading battery researcher to drive down costs, WSJ says
Subscribe for More Information
10:36 EDTTSLATesla spikes on Ron Barron comments on CNBC
Subscribe for More Information
07:30 EDTTSLABaron sees 'huge opportunity' in Tesla
Ron Baron said while speaking on CNBC that he "loves Tesla" and sees a huge opportunity for the company and the stock. Baron said he expects to make 10 to 20 times his money in 20 years via his investment in Tesla stock.
1 | 2 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use