New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
September 19, 2013
10:57 EDTKNDIKandi jumps after detailing China's electric vehicle subsidies
Chinese electric vehicle maker Kandi Technologies (KNDI) is rallying after the company announced that the Chinese government had instituted new subsidies for electric vehicles. WHAT'S NEW: Under the plan, the Chinese government will provide about $9,800 in subsidies towards the purchase of all-electric passenger vehicles and about $81,700 in subsidies towards the purchase of electric buses, Kandi stated. The subsidy payments will be distributed to the manufacturers on a quarterly basis in advance and the subsidies will then be paid by the manufacturers directly to the consumers, Kandi added. "The pure electric vehicle is still the main focus in the policy, which will be very beneficial to a variety of Kandi's pure (electric vehicle) projects," said Kandi CEO Xiaoming Hu. TODAY'S PRICE ACTION: In mid-morning trading, KAndi jumped 90c, or 16.5%, to $6.40.
News For KNDI From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
December 18, 2014
09:07 EDTKNDIKandi Technologies sells 700 electric vehicles in China
Subscribe for More Information
December 17, 2014
11:38 EDTKNDIOptions with increasing implied volatility
Subscribe for More Information
09:22 EDTKNDIOn The Fly: Pre-market Movers
HIGHER: Auspex Pharmaceuticals (ASPX), up 83.1% after Phase 3 trial of SD-809 met primary efficacy endpoint... Volcano (VOLC), up 55.3% after Philips (PHG) announced it will acquire the company for $18.00 per share... Paramount Gold and Silver (PZG), up 35.9% after announcing a merger agreement with Coeur Mining... Cerus (CERS), up 17.8% after FDA approves Intercept Blood System... American Apparel (APP), up 15.5% after terminating Dov Charney for cause... TASER (TASR), up 6.1% after LAPD purchases 860 AXON body-worn video cameras... Idera Pharmaceuticals (IDRA), up 5.9% after being called a top 2015 small cap pick at Piper Jaffray... Kandi Technologies (KNDI), up 7.5% after selling 1,000 electric vehicles to Chengdu City... Stillwater Mining (SWC), up 2.7% after being upgraded to Buy from Neutral at Goldman. DOWN AFTER EARNINGS: FedEx (FDX), down 3.5%... Joy Global (JOY), down 1.7%. ALSO LOWER: POZEN (POZN), down 13.1% after receiving a second complete response letter from the FDA for Yosprala... Cliffs Natural (CLF), down 13.1% after price target cut to $1 from $10 at Credit Suisse... Coeur Mining (CDE), down 2.8% following merger agreement with Paramount Gold and Silver.
09:04 EDTKNDIKandi Technologies sells 1K EVs to Chengdu City for $21.5M
Subscribe for More Information
December 16, 2014
11:34 EDTKNDIKandi partner Geely sees sharply lower 2014 profit, Reuters reports
Subscribe for More Information
December 15, 2014
12:29 EDTKNDIKandi unit in purchase agreement with Tianneng Power International
Subscribe for More Information

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