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News For DDAIF;VLKAY;F;HMC;NSANY;TSLA;GM;FIATY;TM From The Last 14 Days Check below for free stories on DDAIF;VLKAY;F;HMC;NSANY;TSLA;GM;FIATY;TM the last two weeks. |
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| May 20, 2013 | | 06:01 EDT |  | VLKAY, F, DDAIF, GM | Imported car prices in China decline, Bloomberg reports
 Subscribe for More Information | | | 05:35 EDT |  | F | Ford Fusion Energi earns top vehicle safety rating from NHTSA
Subscribe for More Information | | | May 19, 2013 | | 14:28 EDT | | NSANY | Nissan expands in Japan minicar market, Bloomberg reports
Subscribe for More Information | | | May 17, 2013 | | 18:27 EDT | | TSLA | Tesla plans to pay back government loan next week, Bloomberg says
Tesla is planning to use $452.4M of the $1.08B the company raised in a debt and equity offering to pay back to the government for its Advanced Technology Vehicles Manufacturing loan, reports Bloomberg, citing two people familiar with the matter that say the company is planning to pay back the loan in full next week. Reference Link | | | 16:00 EDT |  | F, TSLA | Options Update; May 17, 2013
Subscribe for More Information | | | 15:51 EDT | | TSLA | Tesla Motors May weekly volatility at 87, July at 61 after capital raise
Subscribe for More Information | | | 11:17 EDT |  | TSLA | Ruckus Wireless volatility low, shares trend up on upgrade to Buy at Goldman
Ruckus Wireless June call option implied volatility is at 67, August is at 70, November is at 67; compared to its 20-week average of 73 according to Track Data, suggesting decreasing price movement. | | | 10:17 EDT | | GM | GM jumps above IPO level after CLSA boosts rating
Shares of GM (GM) are advancing after CLSA analyst Emmanuel Rosner upgraded the stock to Buy from Underperform in a note to investors earlier today. WHAT'S NEW: GM should benefit from improved profitability in North America in the second half of 2013 and 2014, reduced losses in Europe, and stabilized profit margins in China, Rosner wrote. In North America, the automaker's profitability should be boosted by higher prices in the second half of this year, and by the full rollout of its K2XX trucks in 2014, the analyst believes. GM's first quarter results in Europe indicated that it is "making encouraging progress in reducing losses" there, the analyst wrote. As a result, he has increased confidence that GM Europe's loss will drop to about $1B this year from $1.9B last year. In China, GM's emphasis on the Cadillac should enable the company to keep its margins, which had been in a downward trend, from falling this year, the analyst contended. Rosner has a $48 price target on GM's stock. TODAY'S PRICE ACTION: In early trading, GM rose 60c, or 1.9%, to $33. WHAT'S NOTABLE: GM's IPO price was $33, and the stock has reached that level again today. | | | 10:07 EDT |  | GM | On The Fly: Analyst Upgrade Summary
Subscribe for More Information | | | 09:37 EDT | | TSLA | Active equity option families trading on open
Subscribe for More Information | | | | 09:29 EDT | | TSLA | Tesla capital raise positive, says Morgan Stanley
Subscribe for More Information | | | 07:39 EDT | | DDAIF, VLKAY, FIATY | EU auto sales move into posiitve teritory, FT reports
Auto sales in the European Union in April ended an 18-month losing streak, as hopes are raised that the market’s decline in the continent had finally begun to slow, reports the Financial Times. New registrations in the EU were up 1.7% compared with the same month a year ago, helped by gains in the German and U.K. markets, Europe’s largest by sales.Reference Link | | | 07:32 EDT |  | TSLA | Update: Tesla 3.394M share Secondary priced at $92.24
Subscribe for More Information | | | 07:11 EDT | | FIATY | Fiat's potential headquarters move to U.S. concerns Italy, Bloomberg reports
Subscribe for More Information | | | 06:09 EDT | | TSLA | Tesla 2.7M share Secondary priced at $92.24
Goldman acted as sole book running manager for the offering. | | | 06:06 EDT | | FIATY | On the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: A so-so Q1 earnings season hasn't dented investors' enthusiasm for stocks as prices have been rising, with the DJIA up 16% for the year and 4.2% since earnings season began April 8, the Wall Street Journal reports...JPMorgan Chase (JPM), in a last-ditch effort to beat back activist investors, sent a letter to shareholders who have yet to vote on the nonbinding proposal ahead of the May 21 annual meeting, urging them to reject a proposal to split the chairman and CEO roles held by James Dimon, the Wall Street Journal reports...REUTERS: Amazon.com (AMZN) will be called back to the British parliament to clarify how its activities in the U.K. justify its low corporate income tax bill, Reuters reports...J.C. Penney (JCP) CEO Ullman says that the department store chain is emerging from what he called an abyss but warned he needs time to fix the issues of the retailer, Reuters reports...BLOOMBERG: Apple (AAPL), which holds $102B in cash and investments outside the U.S., will suggest changes to corporate-tax laws to encourage companies to bring more cash into the country, Bloomberg reports...Fiat’s (FIATY) deliberations over moving its headquarters to the U.S. after a merger with Chrysler Group LLC. raised concern among Italian unions and politicians about the plans of the country’s biggest manufacturer. CEO Marchionne is considering the move because Fiat’s main sources of revenue and profit are shifting to North America, Bloomberg reports. | | | 05:39 EDT | | GM | General Motors upgraded to Buy from Underperform at CLSA
Subscribe for More Information | | | May 16, 2013 | | 16:29 EDT |  | TSLA | On The Fly: Closing Wrap
Stocks on Wall Street were lower following some disappointing economic data and a hint from a regional Fed president that the central bank may taper its easing program in the coming months. The averages traded in a narrow range for much of the session before moving lower in the final hour of trading. Comments by San Francisco Fed president John Williams late in the afternoon, suggesting that the central bank may begin slowing its bond buying pace by the summer, may have spurred the late session selling. ECONOMIC EVENTS: In the U.S., initial jobless claims rose 32K to 360K last week, compared to expectations for them to remain relatively stable at 330K. The consumer price index dropped a larger than forecast 0.4% in April, though the "core" CPI rate rose 0.1%, as expected. Housing starts were down 16.5% in April from the prior month, versus an expected decrease of 6.4%, though building permits jumped 14.3% from the prior month, beating an expected increase of 3.8%. The Philadelphia Fed General Business Conditions Index for May came in at -5.2, versus expectations for a +2.2 reading. COMPANY NEWS: Earnings reports from two Dow members, Wal-Mart (WMT) and Cisco (CSCO), sent their shares in opposite directions. Cisco shares added $2.66, or 12.54%, to $23.87 to lead the blue chip index after the company's results beat expectations on the top and bottom lines. Wal-Mart fell $1.36, or 1.7%, to $78.50 after its first quarter earnings sand second quarter outlook missed the consensus forecast... Tesla Motors (TSLA) last night announced a stock and debt offering of more than $800M, with CEO Elon Musk announcing his intent to buy $100M of the offering, and shares of the electric car maker added $7.36, or 8.67%, to $92.20. MAJOR MOVERS: Among notable gainers was Aegerion (AEGR), up $14.73, or 31.37%, to $61.70 after the company said its Juxtapid treatment may have a $1B global market opportunity and at least two analyst firms raised their price targets on its shares. Also higher was Constellation Brands (STZ), up $1.52, or 3.03%, to $51.76 after the stock was upgraded at Stifel and ISI Group. Among noteworthy losers following analyst downgrades were AMD (AMD), which fell 55c, or 12.56%, to $3.83 after Goldman downgraded the stock to Sell, and CSC (CSC), which slid $2.12, or 4.74%, to $42.59 after being cut to Hold at Deutsche Bank. Also lower following its quarterly report was NetQin Mobile (NQ), down 72c, or 7.5%, to $8.88. INDICES: The Dow was down 42.47, or 0.28%, to 15,233.22; the Nasdaq was down 6.38, or 0.18%, to 3,465.24; and the S&P 500 was down 8.31, or 0.50%, to 1,650.47. | | | 14:39 EDT | | TSLA | Tesla upsizing convertible bond offering to $525M from $450M, Reuters reports
The company is also revising the price talk to 1.5%-2% with the conversion premium fixed at 35%, from 2%-2.5% and 30%-35%, according to Reuters. | | | 14:01 EDT | | TSLA | Options Update; May 16, 2013
Subscribe for More Information | | | | 12:36 EDT | | F | Ford sued over alleged engine defects, Automotive News says
Three vehicle owners are suing Ford over alleged defects in the automaker's six-cylinder EcoBoost engine.according to Automotive News. The plaintiffs allege that the engine had defects that caused the vehicle to "shake, misfire and rapidly lose power," the website stated. Reference Link | | | 12:24 EDT | | TSLA | On The Fly: Midday Wrap
The S&P 500 was virtually unchanged at midday following a deluge of domestic economic data this morning. The S&P began the session in negative territory, but only moderately lower, after investors received a host of data prior to the open, including reports on jobless claims, consumer prices, and housing starts. ECONOMIC EVENTS: In the U.S., initial jobless claims rose 32K to 360K last week, compared to expectations for them to remain relatively stable at 330K. The consumer price index dropped a larger than forecast 0.4% in April, though the "core" CPI rate rose 0.1%, as expected. Housing starts were down 16.5% in April from the prior month, versus an expected decrease of 6.4%, though building permits jumped 14.3% from the prior month, beating an expected increase of 3.8%. The Philadelphia Fed General Business Conditions Index for May came in at -5.2, versus expectations for a +2.2 reading. COMPANY NEWS: Earnings reports from two Dow members, Wal-Mart (WMT) and Cisco (CSCO), sent their shares in opposite directions. Cisco shares advanced 12% to lead the blue chip index after the company's results beat expectations on the top and bottom lines and prompted price target increases at several analyst firms. Wal-Mart, in contrast, lagged all Dow names, sliding 2% after its earnings for the just ended quarter and its view of the current quarter missed the consensus forecast... After the closing bell, Tesla Motors (TSLA) said it intends to raise about $830M by offering 2.7M common shares and $450M in convertible senior notes. CEO Elon Musk will buy $100M worth of the stock and debt, the company said, and its recently high-flying shares rose another 6%. MAJOR MOVERS: Among the notable gainers rising following Cisco's better than expected results and commentary were Ciena (CIEN), which rose 8%, and Cavium (CAVM), which advanced 4%. Also higher were shares of NetApp (NTAP), which gained over 6% after Bloomberg said activist investor Elliott Management has taken a stake in the company and is pushing its board to explore ways to boost shareholder value. Among the noteworthy losers were Oncothyreon (ONTY), which fell 20%, and Biomarin (BMRN), down 5%, after both pharmaceutical companies, among a number of others, published data to be presented at ASCO, an annual meeting of oncologists. Also lower was AMD (AMD), which declined 14% following a downgrade to Sell at Goldman Sachs. INDICES: Near noon, the Dow was up 12.47, or 0.08%, to 15,288.16; the Nasdaq was up 8.74, or 0.25%, to 3,480.36; and the S&P 500 was nearly flat at 1,658.80. | | | 12:24 EDT | | TSLA | Tesla May 90 straddle priced for 6.2% movement
Subscribe for More Information | | | 10:03 EDT | | F | On The Fly: Analyst Upgrade Summary
Subscribe for More Information | | | 09:59 EDT |  | TSLA | Tesla falls from earlier spike high, levels to watch
Subscribe for More Information | | | 09:36 EDT | | TSLA | Active equity option families trading on open
Subscribe for More Information | | | 09:19 EDT | | TSLA | On The Fly: Pre-market Movers
Subscribe for More Information | | | 09:16 EDT | | TSLA | Tesla spikes higher after stock, debt offering, levels to watch
Subscribe for More Information | | | 08:16 EDT | | F | Ford upgraded to Buy from Hold at Craig-Hallum
Craig-Hallum upgraded Ford following checks that indicate European production has bottomed, which removes an overhang. The firm believes investors will focus on strong North American results and an improved balance sheet. Price target raised to $18 from $15. | | | 07:42 EDT | | TSLA | Tesla Motors volatility elevated into filing to sell common stocks, debt
Subscribe for More Information | | | | 06:03 EDT | | TSLA | Tesla capital raise reduces financial risk, says Barclays
Subscribe for More Information | | | 05:55 EDT | | FIATY, F, GM | Pickup truck sales are booming, WSJ reports
Pickup truck buyers are no longer on the sidelines as they return to dealer showrooms, offering millions of dollars in profit and potentially lifelong brand loyalty to Ford (F), GM (GM) or Chrysler Group (FIATY) and rivals, reports the Wall Street Journal. Sales of large pickups are up 20% for the first four months of this year compared with a year ago, bigger gains than in small cars or midsize cars, according to Autodata CorpReference Link | | | May 15, 2013 | | 19:34 EDT | | TSLA | On The Fly: After Hours Movers
Subscribe for More Information | | | 16:32 EDT | | TSLA | Tesla CEO Musk interested in buying 1.2M shares of company stock
Subscribe for More Information | | | 16:30 EDT | | TSLA | Tesla up $4.19, or 4.94%, to $89.03 after filing to sell common stock, debt
| | | 16:24 EDT | | TSLA | Tesla files to sell 2.703M shares of common stock
Subscribe for More Information | | | 16:05 EDT | | TSLA | Tesla files automatic common stock and debt securities shelf
| | | 16:02 EDT | | TSLA | Options Update; May 15, 2013
Subscribe for More Information | | | 09:59 EDT | | TSLA | Tesla volatile, but range narrowing versus prior sessions
Volume in the shares is still high relative to the 3-month average, last at 4,651,580 shares per day. That amount has already been exceeded in the first half-hour of trading but is well below prior session pace. A further drop in volume interest could potentially increase price volatility as support for the shares at these levels could be difficult to maintain. The $86 area was ticked briefly and continues to be resistance after becoming, briefly, support yesterday. At the current price of $84.22, next support is at $83.03. Until shares reduce intraday volatility, any of these levels could easily be taken out. The current daily high at $86.87 and the low at $78.11 may be more effective bounds to use for longer trading times. | | | 09:43 EDT | | TSLA | Active equity option families trading on open
Subscribe for More Information | | | | 09:31 EDT | | TSLA | Tesla slips in early trading, tests of support appear likely
Subscribe for More Information | | | 06:57 EDT | | F | EU to investigate Spain grant to Ford, Reuters reports
Subscribe for More Information | | | 06:50 EDT | | HMC | Honda to manufacture Acura NSX in Ohio plant, Detroit News says
Subscribe for More Information | | | 06:42 EDT | | F | Ford expands in Russia with new $247M engine plant, Detroit News says
Subscribe for More Information | | | 06:32 EDT | | TSLA | Tesla declines comment on share offering chatter, WSJ reports
Subscribe for More Information | | | 06:13 EDT | | TSLA | Tesla price target raised to $50 from $35 at Deutsche Bank
Subscribe for More Information | | | May 14, 2013 | | 16:00 EDT | | TSLA | Options Update; May 14, 2013
Subscribe for More Information | | | 15:50 EDT | | TM | Toyota class-action settlement could cover 22M former owners, Detroit News says
Subscribe for More Information | | | 14:57 EDT | | TSLA | Tesla Motors volatility elevated on wide price movement
Subscribe for More Information | | | 14:52 EDT | | TSLA | Tesla goes negative, attempts to stabilize at $86 area
Subscribe for More Information | | | | 14:40 EDT | | TSLA | Tesla supercharger announcement pushed to next week, Musk says
Subscribe for More Information | | | 13:38 EDT | | GM, VLKAY, F | Ford, GM get high marks in consumer survey, Automotive News says
Subscribe for More Information | | | 13:04 EDT | | TSLA | Tesla gives up earlier gains, now down 2.5% to $85.52
Subscribe for More Information | | | 11:33 EDT | | F | Ford Sollers to build $274M engine plant in Tatarstan
Subscribe for More Information | | | 10:32 EDT | | GM, NSANY | GM to source small cargo vehicle from Nissan for U.S., Canada markets
Subscribe for More Information | | | 10:20 EDT |  | DDAIF | Daimler AG management to meet with JPMorgan
Subscribe for More Information | | | 09:57 EDT | | TSLA | Tesla moves to lows of session, levels to watch
Shares were heading down last to the $90 area, at $90.46. Next support below $90 would be at the previous close at $87.80. | | | 09:47 EDT | | TSLA | Tesla Motors volatility elevated in all months on sharp rally
Tesla Motors May call option implied volatility is at 127, June is at 90, July is at 77, September is at 75; compared to its 26-week average of 41 according to Track Data, suggesting large price movement. | | | 09:38 EDT | | TSLA | Active equity option families trading on open
Subscribe for More Information | | | 09:24 EDT | | TSLA | Tesla continues upside rally, levels to watch
Subscribe for More Information | | | | 07:42 EDT | | TSLA | Tesla price target raised to $103 from $47 at Morgan Stanley
Morgan Stanley believes the market is starting to realize Tesla's competency in technology, engineering, marketing, and manufacturing. The firm expects shares to continue to move higher driven by funding through regulatory credits, leasing program affordability, opportunistic capital raises given high share price, and model introductions, among other reasons. Shares are Overweight rated. | | | 07:12 EDT | | TSLA | Tesla fundamentals don't support valuation, says BofA/Merrill
Subscribe for More Information | | | 07:00 EDT | | GM | GM to spend $258M on new proving ground data center, Detroit News says
Subscribe for More Information | | | 06:26 EDT | | TSLA | Tesla implied volatility at upper end of index mean range
Subscribe for More Information | | | 06:12 EDT | | GM, NSANY, DDAIF, VLKAY | Audi sales growth surges in China, Bloomberg reports
Subscribe for More Information | | | May 13, 2013 | | 16:25 EDT | | TSLA | On The Fly: Closing Wrap
Stocks on Wall Street were little changed from their opening levels as investors weighed the potential end of the Fed's quantitative easing program against a better than expected report on retail sales. The Wall Street Journal's Jon Hilsenrath suggested in a report over the weekend that the Federal Reserve has mapped a QE exit strategy. The report paired with the retail sales data left the market lacking conviction in either direction today, as the averages spent the majority of the session range-bound near the flatline. ECONOMIC EVENTS: In the U.S., retail sales rose 0.1% in April, which beat expectations for a 0.3% decline. Retail sales excluding autos, gas, and building materials rose 0.6%, which was also better than expected. Business inventories were flat in March, versus expectations for a 0.3% gain. In Asia, Chinese factory output grew 9.3% annually in April, which was up from 8.9% in March but still missed expectations for a 9.5% growth rate. COMPANY NEWS: The Supreme Court ruled unanimously that Monsanto's (MON) patented genetically altered soybeans are protected and that farmers cannot use them to create new seeds without paying the company... Dell's (DELL) special committee publicly asked for more information from Carl Icahn and Southeastern Asset Management about their proposed leveraged recapitalization. This request follows television interviews by Icahn last Friday in which he discussed his Dell proposal, as well as a weekend report in Barron's saying the Icahn and Southeastern plan could be a better deal for shareholders. MAJOR MOVERS: Among the notable gainers was Theravance (THRX), up $6.26, or 17.92%, to $41.20 after Elan Corporation (ELN) bought a stake in the potential future royalty payments from four respiratory programs partnered with GlaxoSmithKline (GSK) in exchange for $1B in cash. Also higher was Tesla (TSLA), which rose $11.04, or 14.38%, to $87.80 in its third straight double-digit percentage gain following a better-than-expected earnings report last week. Among the noteworthy losers was Barnes & Noble (BKS), down $2.21, or 9.48%, to $21.10 after the blog InsiderMonkey disputed a previous report about Microsoft's (MSFT) interest in the bookseller's NOOK assets. Also lower was JoS. A. Bank (JOSB), down $3.31, or 7.16%, to $42.90 after the company's first quarter earnings view came in below expectations. INDICES: The Dow was down 26.81, or 0.18%, to 15,091.68; the Nasdaq was up 2.21, or 0.06%, to 3,438.79; and the S&P 500 was nearly unchanged at 1,633.77. | | | 15:59 EDT | | TSLA | Tesla closing on highs of the day, levels to watch
The $86 area, which had been resistance, appears to be new support as the shares hit fresh highs at $88. A try for $90 tomorrow or higher wouldn't be out of the question given the move today. | | | 15:16 EDT | | TSLA | Tesla May 85c straddle priced for 9.4% movement
Subscribe for More Information | | | 12:55 EDT | | NSANY | Nissan CEO looking to double U.S. sales by 2017, Automotive News says
Subscribe for More Information | | | 11:30 EDT | | TSLA | Tesla stalls at $86 area, levels to watch
Subscribe for More Information | | | | 11:07 EDT | | TSLA | Tesla Motors May volatility increases to 130 on sharp rally
Subscribe for More Information | | | 11:03 EDT | | HMC | High option volume stocks: HMY PERI CSIQ HMC ACT
Subscribe for More Information | | | 09:39 EDT | | TSLA | Active equity option families trading
Active equity option families trading on open according to Track Data: AAPL C TSLA LVS GILD FSLR | | | 09:23 EDT | | TSLA | Tesla shares active and at new life high, levels to watch
The shares continue to power higher, up over 6% at time of writing to $81.60. Shares have traded in a wide range in the pre-market from $75.50 at the low, to $82.48 at the high. The pre-market high will be initial resistance in the regular session. Support appeared to be somewhat established at the $80.50 area, just below the prior life high at $81. Given price volatility in the shares, support or resistance could be easily broken. | | | 06:54 EDT | | GM | NHTSA opens preliminary investigation into over 100K Corvettes, Detroit News says
A reports from early Saturday morning explained that the National Highway Traffic Safety Administration, or NHTSA, has opened a preliminary investigation regarding faulty headlights on about 103K 2005-2007 Chevrolet Corvettes, reports Detroit News. Reference Link | | | 06:40 EDT | | GM | General Motors invests $200M to update NY, NJ, CA dealerships, Detroit News says
Subscribe for More Information | | | 06:14 EDT | | TSLA | Tesla implied volatility at upper end of index mean range
| | | May 11, 2013 | | 14:09 EDT | | FIATY | Chrysler recalling 469,00 vehicls on gear shift glitch, Reuters says
Subscribe for More Information | | | 13:13 EDT | | VLKAY, F, GM | Western car makers losing ground in India, WSJ says
Subscribe for More Information | | | May 10, 2013 | | 14:52 EDT | | TSLA | Market poised to end week higher as tech helps lead advance
Subscribe for More Information | | | | 10:57 EDT | | TSLA | Tesla Motors May 77 weekly straddle priced for 13% move into today’s expiration
Subscribe for More Information | | | 09:58 EDT | | TSLA | Tesla Motors May volatility increases, shares at fresh record high
Subscribe for More Information | | | 09:52 EDT | | TSLA | Tesla up 8.7% to $75.46 in early trading
Subscribe for More Information | | | 07:09 EDT | | TM | Toyota 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 EDT | | TSLA | Tesla implied volatility at upper end of index mean range
Subscribe for More Information | | | 06:10 EDT | | TM | On the Fly: Periodicals Wrap-Up
Subscribe for More Information | | | 05:47 EDT | | FIATY | Jeep 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 EDT | | TSLA | On 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 EDT | | TSLA | Options Update; May 9, 2013
Subscribe for More Information | | | 12:35 EDT | | TSLA | On The Fly: Midday Wrap
Subscribe for More Information | | | | 11:32 EDT | | TSLA | Tesla Motors May volatility stays elevated after sharp rally
Subscribe for More Information | | | 10:08 EDT |  | TSLA | On The Fly: Analyst Downgrade Summary
Subscribe for More Information | | | 09:38 EDT | | TSLA | Active equity option families trading
Active equity option families trading on open according to Track Data: TSLA AAPL GOOG MNST BIDU MCD. | | | 09:36 EDT | | TSLA | Tesla 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 EDT | | TSLA | Tesla gaps up sharply following results, squeeze continues
Subscribe for More Information | | | 09:19 EDT | | TSLA | On 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 EDT | | F | AeroVironment selected by Ford to provide home charging solution for EVs
Subscribe for More Information | | | 09:00 EDT | | TSLA | Tesla rises 22.5%
Tesla is up 22.5%, or $12.57, to $68.35 | | | 08:34 EDT | | TSLA | Tesla price target raised to $70 from $68 at Jefferies
Subscribe for More Information | | | 07:47 EDT | | VLKAY | Volkswagen recalls 91.000 cars in Japan, Reuters reports
Subscribe for More Information | | | | 07:11 EDT | | TSLA | Tesla price target raised to $72 from $65 at Barclays
Subscribe for More Information | | | 06:57 EDT | | TSLA | Tesla vehicle gets very high score from Consumer Reports, Reuters says
Subscribe for More Information | | | 06:09 EDT | | GM, F, VLKAY | China passenger vehicle sales rose 13% in April, Bloomberg reports
In China, passenger vehicle sales jumped 13% in April as demand rose for new models, reports Bloomberg. Wholesale deliveries of cars, multipurpose and SUVs increased to 1.44M units, according to the state-backed China Association of Automobile Manufacturers.Reference Link | | | 06:05 EDT | | TSLA | Tesla implied volatility at upper end of index mean range
Subscribe for More Information | | | 05:59 EDT | | F, GM, TM | GM: Most Silverado truck sales this year will be older model, Bloombeg reports
Subscribe for More Information | | | 05:54 EDT | | TSLA | Tesla downgraded to Neutral from Buy at Goldman
Goldman downgraded Tesla citing valuation and a more balanced risk/reward following the company's Q1 results. The firm has a $61 price target for shares. | | | May 8, 2013 | | 19:06 EDT | | TSLA | On The Fly: After Hours Movers
Subscribe for More Information | | | 17:59 EDT | | TSLA | Tesla now up $16.16, or 28.97%, to $71.95 as Q1 conference call continues
Subscribe for More Information | | | 17:43 EDT | | TSLA | Tesla shares up $10.71, or 19.20%, to $66.50 after Q1 results top estimates
| | | 16:44 EDT |  | TSLA | Tesla reports Q1 fully diluted adjusted EPS 12c, consensus 4c
Subscribe for More Information | | | | 16:40 EDT | | TSLA | Tesla expects to be breakeven on cash flow in Q2
Subscribe for More Information | | | 16:39 EDT | | TSLA | Tesla sees FY13 CapEx $200M
| | | 16:39 EDT | | TSLA | Tesla raises FY13 vehicle delivery view to 21,000 from 20,000
| | | 16:38 EDT | | TSLA | Tesla expects to deliver 4,500 vehicles in Q2
Subscribe for More Information | | | 16:38 EDT | | TSLA | Tesla says recognized 4,900 vehicles as revenue in Q1
Subscribe for More Information | | | 16:37 EDT | | TSLA | Tesla reports Q1 adjusted EPS 13c, consensus 4c
Subscribe for More Information | | | 15:29 EDT | | TSLA | Notable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include News Corp. (NWSA), consensus 36c; CenturyLink (CTL), consensus 69c; Transocean (RIG), consensus $1.00; Activision Blizzard (ATVI), consensus 11c; Energy Transfer Equity (ETE), consensus 48c; Continental Resources (CLR), consensus $1.13; Green Mountain Coffee Roasters (GMCR), consensus 73c; Sunoco Logistics Partners (SXL), consensus 82c; Tesla Motors (TSLA), consensus 4c. | | | 13:20 EDT | | TSLA | Tesla Motors May 57 weekly straddle priced for 12% movement into Q1
Subscribe for More Information | | | 09:37 EDT | | F | Active equity option families trading on open
Subscribe for More Information | | | 08:25 EDT | | TSLA | Shorts skeptical if Tesla can continue rally, WSJ says
Tesla Motors has rallied 64% this year, making it now worth $6.6B and the focus of many skeptical "short" sellers, according to The Wall Street Journal's Ahead of the Tape column. Maintaining the company's projected gross margin of 25% will depend largely on continuing subsidies and its long-term goals hinge on becoming a profitable mass-market manufacturer, the article contended. Reference Link | | | | 06:00 EDT | | TM | Toyota sees FY14 net revenue 1.37T yen, net income 1.37T yen
Subscribe for More Information | | | 05:59 EDT | | TM | Toyota remains cautious as profit grows, Reuters reports
Subscribe for More Information | | | 05:58 EDT | | TM | Toyota reports FY13 net income 962.16B yen vs. 283.6B yen a year ago
Reports FY13 revenue 22.1T yen vs. 18.58T yen a year ago. Toyota said major factors contributing to the increase in operating income include the positive effects from marketing activities generating 650B yen, cost reduction efforts saving 450B yen and currency fluctuations of 150B yen, which offset the negative effects from related expenses of 300B yen. Consolidated vehicle sales totaled 8.871M units, an increase of 1.519M units compared to the previous fiscal year. | | | May 7, 2013 | | 16:01 EDT | | TSLA | Options Update; May 7, 2013
Subscribe for More Information | | | 12:41 EDT | | TSLA | Tesla Motors May weekly volatility elevated at 162 into Q1 and growth outlook
Subscribe for More Information | | | 09:50 EDT | | TSLA | Tesla investigating autopilot technology, talked with Google, Bloomberg says
Tesla Motors (TSLA) CEO Elon Musk said the company is considering adding technologies that can take over for drivers, according to an interview with Bloomberg. Tesla has talked with Google (GOOG) about its self-driving tech, though Musk prefers applications more like an airplane’s autopilot system, the report added. Reference Link | | | 09:33 EDT | | F | NHTSA monitoring 100,000 Ford, Mercury minivans for signs of rust, AP reports
Subscribe for More Information | | | 08:40 EDT | | GM | GM to build a $1.3B Cadillac plant in China, WSJ reports
Subscribe for More Information | | | 08:01 EDT | | GM | GM to invest $16B in U.S. by 2016, Bloomberg reports
GM plans to invest about $16B on U.S. factories and facilities through 2016, reports Bloomberg. That's more than it will spend in China, the company said. Reference Link | | | 07:14 EDT | | GM | GM recalling hybrid cars due to electrical problem, WSJ reports
Subscribe for More Information | | | | 06:01 EDT | | TSLA | Tesla price target raised to $68 from $45 at Jefferies
Jefferies raised its price target for Tesla saying it expects short covering to continue to move shares higher. The firm notes that short interest still remains near all-time highs despite the significant rally in shares. Jefferies keeps a Buy rating on Tesla ahead of the company's Q1 results. | | | 06:01 EDT | | FIATY | Fiat plans to invest $7B in Brazil by 2016, Daily Telegraph reports
Subscribe for More Information | | | 05:59 EDT | | TSLA | Tesla implied volatility at upper end of index mean range
Subscribe for More Information | | | 05:53 EDT | | GM | GM staying in South Korea, seeks to resolve labor issues, Reuters reports
General Motors won't pull out of South Korea but will discuss labor problems with South Korean President Park Geun-hye, CEO Dan Akerson was quoted as saying by its Korean union, a move that could complicate already troubled relations with its local workforce, reports Reuters. .Reference Link | | | May 6, 2013 | | 16:39 EDT | | TSLA | On The Fly: Closing Wrap
The Wall Street averages were mixed as a light news flow and light volume did little to catalyze a further advance. Still, with its positive close, the S&P 500 managed to set a new all-time closing high. ECONOMIC EVENTS: In the U.S., no major economic data was reported. COMPANY NEWS: Bank of America (BAC) and MBIA (MBI) announced a comprehensive settlement to resolve all claims between the two companies. As part of the settlement, Bank of America will pay MBIA $1.6B in cash, receive warrants to purchase a 4.9% equity stake in MBIA and provide a $500M credit facility to the bond insurer. Bank of America also said it would take $1.3B in Q1 charges related to the settlement and that its first quarter earnings would be negatively impacted by 10c per share. Shares of MBIA, which spiked higher near noon after Dow Jones first reported the settlement, closed up $4.46, or 45.37%, to $14.29. Bank of America shares added 64c, or 5.23%, to $12.88... A team of private-equity firms led by Bain Capital and Golden Gate Capital agreed to buy BMC Software (BMC) for $46.25 per share in cash, or $6.9B. BMC shares, which have added more than 14% year-to-date amidst reports of negotiations for the deal, closed unchanged at $45.42. MAJOR MOVERS: Among notable gainers was Arkansas Best (ABFS), up $4.18, or 39.62%, to $14.73 after reaching a tentative labor agreement with the Teamsters union. Also higher was Tesla (TSLA), up $4.95, or 9.07%, to an all-time closing high of $59.50 after Barclays raised its price target on shares to $56 from $38 and the company named Aston Martin's lead vehicle engineer as VP of vehicle engineering. Among the noteworthy losers were LINN Energy (LINE), down $1.97, or 5.21%, to $35.75, and its spin-off LinnCo (LNCO), down $2.59, or 6.2%, to $39.24, following a cautious mention in this weekend's Barron's magazine. Also lower were shares of Tyson Foods (TSN), down 83c, or 3.33%, to $24.10 after its earnings report. INDICES: The Dow was down 5.07, or 0.03%, to 14,968.89; the Nasdaq was up 14.34, or 0.42%, to 3,392.97; and the S&P 500 was up 3.08, or 0.19%, to 1,617.50. | | | 15:23 EDT | | TSLA | Tesla hires Porritt, formerly of Aston Martin, as VP of Vehicle Engineering
Subscribe for More Information | | | 14:06 EDT | | F | Facebook to launch video advertising in newsfeed, FT reports
Subscribe for More Information | | | 13:35 EDT | | GM | Treasury to start selling remaining stake in General Motors, Reuters reports
Subscribe for More Information | | | 12:27 EDT | | F | Ford changing vehicle launch procedures, Automotive News says
Subscribe for More Information | | | 10:55 EDT | | GM | GM China sales up 15% in April to 261,870 units
Vehicle sales by General Motors and its joint ventures in China increased 15.3% on an annual basis last month to an April record 261,870 units. Shanghai GM and SAIC-GM-Wuling, as well as their Buick, Chevrolet, Wuling and Baojun brands, all reached all-time highs for April sales. Cadillac set an all-time monthly sales record. Its strong performance took GM’s sales for the first four months of 2013 to a record 1,078,243 units, an increase of 10.9% on an annual basis. It was the first time GM surpassed a million unit sales for the year in April, the company said. | | | | 09:21 EDT | | DDAIF | Daimler recalls Mercedes Citan vans in Europe over faulty airbags, Reuters says
About 3,500 Mercedes-Benz Citan in Europe are being recalled by Daimler (DDAIF) due to faulty airbags, Reuters reports. Reference Link | | | 08:35 EDT | | TSLA | Tesla Motors May weekly volatility elevated at 107 into Q1 and growth outlook
Subscribe for More Information | | | 07:35 EDT | | VLKAY | Audi wants clarification before building Brazil plant, Reuters reports
Subscribe for More Information | | | 07:15 EDT | | TSLA | Tesla price target raised to $65 from $38 at Barclays
Subscribe for More Information | | | 07:10 EDT | | F, GM, HMC, TM | Market for midsize cars wide open, WSJ reports
Toyota (TM) and Honda (HMC) were top sellers a few years ago and by a wide margin. No more. Now, it is a wide-open market. Ford (F) and GM (GM) have turned their midsize sedans into real challengers and closed the quality gap with Japan, reports the Wall Street Journal.Reference Link | | | 06:23 EDT | | F, GM | General Motors, Ford heavily investing in Russia auto market, Detroit News says
Subscribe for More Information | | | 06:18 EDT | | TM, NSANY, HMC, F, GM | Ford, others see Thailand as springboard for exports, Bloomberg reports
Ford’s factories in Thailand can produce eight times more vehicles than it sells locally. And Thailand is Southeast Asia’s biggest car market and an export hub for the region as automakers such as Ford ship most of the vehicles to nearby countries tax-free. Ford and Japanese automakers sees Southeast Asia as a way to help overcome slowing sales in markets like Europe, and has said its expansion in Thailand is part of an “aggressive growth plan” for the region. Reference Link | | | 06:06 EDT | | GM, TM, HMC, F | On the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: Toyota (TM) and Honda (HMC) were top sellers a few years ago and by a wide margin. No more. Now, it is a wide-open market. Ford (F) and GM (GM) have turned their midsize sedans into real challengers and closed the quality gap with Japan, the Wall Street Journal reports...There was no big news at Berkshire Hathaway’s (BRK.A) annual meeting this past weekend, but there was one great lesson for investors: Perhaps the most important thing you can do when everything seems to be going right in your portfolio is to listen to somebody who insists you are wrong, the Wall Street Journal reports...REUTERS: Some Verizon Communications (VZ) shareholders say they could be happy for the company to pay up to $130B for Vodafone Group’s (VOD) stake in their U.S. wireless venture. Two large shareholders in Verizon say they could be comfortable with paying 20% to 30% more to secure Verizon Wireless, Reuters reports...A unit of Sinopec Group (SHI) and brokerage China Galaxy Securities are launching Hong Kong IPOs today seeking to raise up to $3.5B in total, injecting life into Asia's moribund IPO markets where deal values more than halved in Q1, Reuters reports...BLOOMBERG: Bond investors are gaining confidence that Fed Chairman Bernanke will unwind the central bank’s unprecedented $3.3T balance sheet without sparking a crash similar to 1994, Bloomberg reports...Apple (AAPL) is missing out on an opportunity to court up to 2.8B new smartphone customers, many of them in Asia, as wireless-service providers balk at conditions imposed by the iPhone maker and drag their heels in signing on as partners, Bloomberg reports. | |
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