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Stock Market & Financial Investment News

News Breaks
July 21, 2014
11:57 EDTNSANY, TSLA, GM, KNDIChinese electric vehicle maker Kandi surges after tax break news
Shares of Chinese electric car maker Kandi Technologies (KNDI) are surging after a Chinese newspaper reported that electric cars made outside of China would not qualify for a key tax break in the country. WHAT'S NEW: A key sales tax will not be waived on purchases of electric cars made outside of China, said Su Bo, China's vice-minister of the Industry and Information Technology Ministry, according to China Daily. Buyers of electric vehicles made in China will not have to pay a purchase tax from September 1, 2014 until the end of 2017, China Daily stated. WHAT'S NOTABLE: Tesla Motors (TSLA), Nissan (NSANY) and GM (GM) have all sought to sell electric vehicles in China. PRICE ACTION: In late morning trading, Kandi Technologies' stock rose $1.66, or 8.5%, to $21.28. The shares are well off their high for the day of $22.22, but they have surged 80% so far this year. Tesla shares, which had spent some of the morning in slightly negative ground, were up about 1% near $222 per share just before noon.
News For KNDI;TSLA;NSANY;GM From The Last 14 Days
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November 14, 2014
13:36 EDTTSLACLSA automotive analysts hold an analyst/industry conference call
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09:38 EDTTSLAActive equity options trading
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07:32 EDTGMHayman Capital gives quarterly update on stakes
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November 13, 2014
16:03 EDTTSLAOptions Update; November 13, 2014
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09:40 EDTTSLAActive equity options trading
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06:24 EDTGMHeidrick & Struggles picked by GM to find new general counsel, WSJ reports
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November 12, 2014
16:00 EDTTSLAOptions Update; November 12, 2014
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10:34 EDTTSLAOptions with decreasing implied volatility
Options with decreasing implied volatility: RMTI RPRX KATE PNK CZR KING TSLA UBNT LOCO GNRC
09:37 EDTTSLAActive equity options trading
Active equity options trading according to Track Data: AAPL CLSN TWTR BABA NFLX TSLA AMZN CSIQ C
08:42 EDTGMGeneral Motors' Ammann leading push for change, WSJ says
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November 11, 2014
17:17 EDTGMGM scales back workers, production at small car plant, WSJ says
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16:01 EDTTSLAOptions Update; November 11, 2014
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09:37 EDTTSLAActive equity options trading
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07:32 EDTKNDIKandi Technologies volatility low into corporate analyst meeting
Kandy Technologies overall option implied volatility of 69 compares to its 26-week average of 73 according to Track Data, suggesting decreasing price movement into a corporate analyst meeting.
November 10, 2014
16:44 EDTKNDIOn The Fly: Closing Wrap
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16:00 EDTTSLAOptions Update; November 10, 2014
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15:57 EDTNSANYWorldwide Business Research to hold a conference
ProcureCon for Digital & Marketing Services 2014 is being held in San Antonio on November 11-13.
11:16 EDTNSANYNissan to hire 1,000 more workers, Automotive News says
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09:43 EDTKNDIKandi Technologies reports Q3 EPS 12c vs. (87c) last year
Reports Q3 revenue $44.21M vs. $17.15M last year. The company said, "The Car-Share Program has been highly recognized and well received by the customers, we believe our EV business model will be expanded to more EV pilot cities in China. We are also thrilled with our recent partnership with Ant Financial Services Group to launch Alipay, including Alipay Wallet services and technology platform, to Kandi's EV end users. We hope to raise the market awareness of the Kandi brand through the 300 million registered Alipay users."
06:41 EDTGMGM ordered new switches months before recall, WSJ reports
Half a million replacement ignition switches were ordered by General Motors (GM) almost two months before it alerted federal safety regulators of the issues that led to a recall of millions of vehicles, the Wall Street Journal reports, citing email exchanges between the automaker and Delphi Automotive (DLPH). The email exchanges, which took place in mid-December 2013 between a GM contract worker and Delphi, indicate GM placed an "urgent" order for 500,000 replacement switches on December 18, a day after a meeting of senior executives. Reference Link
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