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Stock Market & Financial Investment News

News Breaks
July 5, 2013
09:16 EDTTSLA, LULU, SDRL, HBC, SRPTOn The Fly: Pre-market Movers
HIGHER: Tesla Motors (TSLA), up 2% after saying has received hundreds of orders for Model S sedan in Hong Kong... HSBC (HBC), up 2.3% after Reuters says bank will close retail branch network and wealth management businesses in South Korea... Seadrill (SDRL), up 1.7% following upgrade at BofA Merrill Lynch. LOWER: Sarepta (SRPT), down 2% after announcing $125M at-the-market equity offering... lululemon (LULU), down 1.2% after Chairman and founder Dennis Wilson files to sell 3.4M shares.
News For TSLA;LULU;SDRL;HBC;SRPT From The Last 14 Days
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July 21, 2014
11:57 EDTTSLAChinese 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.
09:38 EDTTSLAActive equity options trading on open
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09:10 EDTTSLAOn The Fly: Pre-market Movers
HIGHER: Allergan (AGN), up 0.5% after Q2 results, FY14 outlook beat expectations and the company announces plans to reduce workforce by about 1,500 employees as part of restructuring. Also, Valeant (VRX) announced it has contacted both the SEC and Canadian financial authorities regarding Allergan's "apparent attempt to mislead investors and manipulate the market for Valeant common shares by continuing to make false and misleading statements regarding Valeant's business"... Extreme Networks (EXTR), up 13% after raising Q4 EPS, revenue view... Gas Natural (EGAS), up 6% after confirming it rejected $13 per share unsolicited offer from Algonquin Power... EMC (EMC), up 4.5% after the WSJ says Elliot Management took a stake of over $1B in the firm and plans to push the company to break itself up... GoPro, (GPRO), up 2.8% after initiated at several firms including Citigroup, Barclays and JPMorgan... Kandi Technologies (KNDI), up 6% after China Daily said China will not to waive a sales tax on electric cars made by foreign companies. Tesla (TSLA) is down 1% following the report. UP AFTER EARNINGS: Halliburton (HAL), up 0.5%... LOWER: Reynolds American (RAI), down 2.3% after a Florida jury hit the company with $23.6B in punitive damages in a lawsuit filed by the widow of a longtime smoker. Shares of fellow tobacco companies also fell after the jury decision, as Lorillard (LO) fell 2% and Altria (MO) slid 1.6%... Yum! Brands (YUM), down 2% after AP reported that a Shanghai TV station said a food supplier sold expired beef and chicken to the company's KFC brand in China along with to McDonald's (MCD), which is down 0.7%. DOWN AFTER EARNINGS: PetMed Express (PETS), down 2.4%... Hasbro (HAS), down 1.3%.
06:58 EDTTSLAForeign electric cars won't qualify for Chinese tax break, China Daily says
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06:45 EDTLULUlululemon files lawsuit against 'knockoff artists', The Globe and Mail says
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July 18, 2014
10:16 EDTTSLATesla Motors August weekly volatility elevated into Q2 and guidance
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09:48 EDTTSLAActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL NQ GOOG GOOGL TSLA KGC TWTR AMZN ELNK AMGN FB
06:06 EDTLULUStocks with implied volatility below IV index mean; LULU INTC
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July 17, 2014
16:01 EDTTSLAOptions Update; July 17, 2014
iPath S&P 500 VIX Short-Term Futures up 2.66 to 29.93. Option volume leaders: AAPL FB GOOG APA MSFT PBR SUNE AMZN TWTR TSLA according to Track Data.
10:07 EDTLULULululemon Athletica July calls active on renewed takeover chatter
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09:53 EDTLULURumor: lululemon moves up on renewed takeover chatter
09:40 EDTTSLAActive equity options trading on open
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05:56 EDTLULUStocks with implied volatility below IV index mean; LULU INTC
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July 16, 2014
16:00 EDTTSLAOptions Update; July 16, 2014
iPath S&P 500 VIX Short-Term Futures down 70c to 27.25. Option volume leaders: AAPL FB GOOG AMZN TWTR TSLA C HPQ TWX INTC AMZN according to Track Data.
13:08 EDTTSLATesla eyes California as possible battery factory site, WSJ says
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09:37 EDTTSLAActive equity options trading on open
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06:44 EDTTSLATesla requests Beijing hackers to find Model S weaknesses, Bloomberg says
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06:40 EDTTSLATesla reveal plans for Tesla Model III, Auto Express reports
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06:19 EDTTSLAFord, GM, Chrysler not interested in Tesla patents, Detroit News says
Ford (F), General Motors (GM), and Chrysler (FIATY) either have little interest in Tesla's (TSLA) EV patents or the companies are not sharing their plans, reports the Detroit News. Reference Link
05:51 EDTLULUStocks with implied volatility below IV index mean; LULU LL
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