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Stock Market & Financial Investment News

News Breaks
January 17, 2014
09:28 EDTKNDIKandi Technologies says EVs led China's pure EV production in December
Kandi Technologies announced that the production of China's pure electric passenger vehicles reached 6,165 units in December according to the data reported by Chinaev.org, a site sponsored by Clean Vehicles Productivity Promotion Center. Kandi Brand SMA7000BEV and SMA7001BEV models ranked as the top two on the list with over 2,500 EVs produced, more than one third of the total EV production in China in December, Kandi said. Reference Link
News For KNDI From The Last 14 Days
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August 31, 2014
13:49 EDTKNDINomura to hold a forum
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August 29, 2014
16:21 EDTKNDIOn The Fly: Closing Wrap
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12:18 EDTKNDIOn The Fly: Midday Wrap
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09:35 EDTKNDIKandi Technologies raises $71M in a registered direct placement
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August 27, 2014
09:12 EDTKNDIKandi Technologies reports Kandi Brand EV led China's pure EV production in July
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August 26, 2014
09:21 EDTKNDIKandi Technologies volatility expected to move on China mulls more EV charging
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08:56 EDTKNDIOn The Fly: Pre-market Movers
HIGHER: Tim Hortons (THI), up 10.5% after announcing merger agreement with Burger King (BKW), which is up 4% after the news. Burger King CEO Schwartz will become group CEO of the new company and Berkshire Hathaway (BRK.A) has committed $3B of preferred equity financing for the deal... DSW (DSW), up 12% after reporting Q2 earnings beat, FY14 outlook above consensus... Kite Pharma (KITE), up 17% after announcing phase 1-2a results from trial of potential treatment of non-Hodgkin's lymphoma... Mobileye (MBLY), up 4.4% after coverage of stock initiated at several research firms, including Morgan Stanley which started with an Overweight rating and $46 price target and named it a new top pick... Kandi Technologies (KNDI), up 9% following Bloomberg report on Chinese government considering funding for electric car chargers. LOWER: Best Buy (BBY), down 3.7% after reporting Q2 revenue below consensus, Q2 same-store sales decline of 2.7%... Sanderson Farms (SAFM), down 5.9% after Q3 earnings, revenue miss estimates... Movado (MOV), down 5.1% after Q2 revenue miss expectations... DOWN AFTER EARNINGS: Prospect Capital (PSEC), down 3.5%... Trina Solar (TSL), down 7.6%.
07:45 EDTKNDIChina mulls providing $16B to build more EV charging facilities, Bloomberg says
China is contemplating whether or not to provide $16B in government funding to construct charging establishments and boost demand for electric automobiles, according to Bloomberg, citing two people familiar with the matter. The sources said that the policy will be revealed shortly. Kandi Technologies (KNDI) develops electric cars in China, while Tesla (TSLA) is selling its electric vehicles there. Reference Link
August 18, 2014
08:22 EDTKNDIKandi Technologies volatility expected to move on car production report
Kandi Technologies volatility is expected move on electric car production soared in China, Xinhua reports. September call option implied volatility is at 73, December is at 72, January is at 74; compared to its 26-week average of 87 according to Track Data, suggesting decreasing price movement.
06:51 EDTKNDIElectric car production soared in China, Xinhua reports
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