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Stock Market & Financial Investment News

News Breaks
December 14, 2012
07:12 EDTGM, HMC, DDAIF, TM, TSLA, F, FIATY, NSANY, VLKAYEU auto sales fall to 19 year low, Bloomberg reports
European car sales slid 10% in November, bringing EU registrations this year to a 19-year low, reports Bloomberg. Reference Link
News For DDAIF;VLKAY;F;HMC;NSANY;TSLA;GM;FIATY;TM From The Last 14 Days
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May 11, 2013
13:13 EDTF, VLKAY, GMWestern car makers losing ground in India, WSJ says
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May 10, 2013
14:52 EDTTSLAMarket poised to end week higher as tech helps lead advance
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10:57 EDTTSLATesla Motors May 77 weekly straddle priced for 13% move into today’s expiration
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09:58 EDTTSLATesla Motors May volatility increases, shares at fresh record high
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09:52 EDTTSLATesla up 8.7% to $75.46 in early trading
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07:09 EDTTMToyota helped by weaker yen, Bloomberg reports
Toyota’s years of fighting the yen is over, at least for now. The weakening yen breached 100 against the dollar in U.S. trading yesterday, opening the way for Japan to emerge from an unprecedented and largely uninterrupted five-year stretch where the currency’s appreciation beyond that level roiled exporters and their ability to sell cars and other products abroad, reports Bloomberg.Reference Link
06:48 EDTTSLATesla implied volatility at upper end of index mean range
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06:10 EDTTMOn the Fly: Periodicals Wrap-Up
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05:47 EDTFIATYJeep struggles to gain traction in China, WSJ reports
Chrysler's (FIATY) Jeep, which was one of the first Western auto brands to sell in China, is struggling to reestablish production in their automotive market, reports the Wall Street Journal. Last year, just 46,000 Jeep vehicles were sold in China, a small share of a market of about 19M cars and light trucks. All of the Jeeps were imported from the U.S., their prices inflated by import duties. Reference Link
May 9, 2013
16:47 EDTTSLAOn The Fly: Closing Wrap
Stocks on Wall Street were lower, breaking the recent streak of the Dow and S&P 500 setting new closing highs. The averages moved higher during the afternoon, as the dollar topped the Y100 level for the first time in three years, though the averages fell again and failed to regain positive territory into the close. ECONOMIC EVENTS: In the U.S., jobless claims fell 4K from the prior week to 323K, which was below the consensus 335K claim forecast. Wholesale inventories rose 0.4% in March, which matched expectations. In Asia, Chinese consumer prices increased 2.4% in April, which was just above expectations, and producer prices fell 2.6%, which was more than expected. Also, the Bank of Korea unexpectedly cut its interest rate. COMPANY NEWS: Two heavily shorted stocks, Tesla (TSLA) and Green Mountain Coffee Roasters (GMCR), surged after reporting quarterly earnings after yesterday's close. Tesla added $13.61, or 24.4%, to $xx 69.40 after its top and bottom line results beat Street estimates and it raised its full-year vehicle delivery outlook to 21,000 from 20,000 vehicles. Green Mountain shares gained $16.56, or 27.84%, to $76.04 after the company's earning came in better than expected and it announced a long-term strategic partnership with Starbucks. MAJOR MOVERS: Among the notable gainers was Barnes & Noble (BKS), up $4.31, or 24.25%, to $22.08 after a report saying Microsoft (MSFT) is considering acquiring the digital assets of Nook Media. Also higher was News Corp. (NWSA), up $1.43, or 4.49%, to $33.29 after its third quarter earnings were in-line and its revenues topped consensus estimates. Among the noteworthy losers Rackspace (RAX), down $12.88, or 24.66%, to $39.36 after its second quarter revenue missed Street estimates and its stock received downgrades from at least four analyst firms. Also lower following its quarterly report was Monster Beverage (MNST), which fell $2.96, or 5.2%, to $54.01. INDICES: The Dow was down 22.50, or 0.15%, to 15,082.62; the Nasdaq was down 4.10, or 0.12%, to 3,409.17; and the S&P 500 was down 6.02, or 0.37%, to 1,626.67.
14:30 EDTTSLAOptions Update; May 9, 2013
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12:35 EDTTSLAOn The Fly: Midday Wrap
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11:32 EDTTSLATesla Motors May volatility stays elevated after sharp rally
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10:08 EDTTSLAOn The Fly: Analyst Downgrade Summary
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09:38 EDTTSLAActive equity option families trading
Active equity option families trading on open according to Track Data: TSLA AAPL GOOG MNST BIDU MCD.
09:36 EDTTSLATesla valuation doesn't reflect execution risk, says Pacific Crest
After Tesla reported stronger than expected results, Pacific Crest believes that the company's execution will have to be "superb" over the longer term to justify the stock's current valuation. The firm keeps a Sector Perform rating on the shares.
09:33 EDTTSLATesla gaps up sharply following results, squeeze continues
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09:19 EDTTSLAOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Tesla (TSLA), up 23.7%... Green Mountain (GMCR), up 14.5%... Groupon (GRPN), up 14.1%... Walter Investment (WAC), up 6.1%... News Corp. (NWSA), up 3.9%... ALSO HIGHER: Barnes & Noble (BKS), up 29.4% after TechCrunch says Microsoft (MSFT) may buy Nook Media assets for $1B... Oil States (OIS), up 4.2% after David Einhorn recommends shares at investor conference... MGM Resorts (MGM), up 1.2% following upgrade to Buy at Sterne Agee. DOWN AFTER EARNINGS: Rackspace (RAX), down 21.6%... Monster Beverage (MNST), down 9.8%... McDermott (MDR), down 8.3%... Activision Blizzard (ATVI), down 7.1%. ALSO LOWER: Seagate (STX), down 3.4%, and Western Digital (WDC), down 2.2% after negative mention of both by Jim Chanos at Sohn conference.
09:12 EDTFAeroVironment selected by Ford to provide home charging solution for EVs
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09:00 EDTTSLATesla rises 22.5%
Tesla is up 22.5%, or $12.57, to $68.35
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