Shares of electric-car and renewable-energy company Tesla (NASDAQ:TSLA) popped on Tuesday, rising as much as 5.8%. As of 11:45 a.m. EDT, the stock was up 4.9%.
The stock’s rise follows a bullish note from Macquarie Research, where an analyst predicts big gains for Tesla stock, citing its unique products, strong presence in fast-growing markets, and path to profitability.
February 27, 2017: Markets opened lower Monday but picked up steam shortly after the bell and rose fairly steadily throughout the day. Energy and real estate were the leading gainers while telecom and consumer staples were the laggards. WTI crude oil for April delivery settled at $54.05 a barrel, up 6 cents on the day. April gold added 50 cents on the day to settle at $1,258.80. Equities were headed....More>>>
The following stocks were moving the Services sector today.
Some of the biggest gainers among Services stocks include:
Envirostarm Inc (EVI): EVI stock is up 9.89% today. Helios and Matsn Ana (HMNY): HMNY stock is up 6.09% today. Cascadian Therapeutics Inc (CASC): CASC stock is up 8.45% today. Healthstream Inc (HSTM): HSTM stock is up 6.89% today. China Online Education Group (COE):....More>>>
Data collected by National Transportation Safety Board, USA shows that the accident rate in the world compared as a ratio of fatalities per 100 million miles travelled is the highest for cars followed by bicycles, pedestrian, motorcycles covering almost all form of transportation. The lowest in the category, which is near zero based strictly on the ratio,....More>>>
Beazer Homes USA (NYSE:BZH) – Wedbush raised their FY2018 earnings per share (EPS) estimates for shares of Beazer Homes USA in a research note issued to investors on Thursday, May 3rd. Wedbush analyst J. Mccanless now forecasts that the construction company will post earnings per share of $2.07 for the year, up from their previous estimate of $1.75. Wedbush currently has a “Outperform”....More>>>
When billionaire investor Warren Buffett buys, people take notice. When one of those investments ups its dividend by 14%, they take further notice. Those are two reasons whyPhillips 66 (NYSE:PSX) has been getting a lot of attention lately.
ThroughBerkshire Hathaway(NYSE:BRK-A)(NYSE:BRK-B), Buffett owns 45.7 million shares of Phillips 66, or 9.8% of the company, which he has called “a....More>>>
Ye Jianming, the founder and chairman of rapidly expanding Chinese conglomerate CEFC China Energy Co., has been investigated by government authorities, domestic media outlet Caixin reported, without saying where it got the information.
The investigation was cited by Caixin, known for its in-depth reporting and exposes, only in the headline and one sentence of a 25,000-Chinese character story....More>>>
One of the joys of investing in stocks is watching dividend payments roll in quarter after quarter. Giant capital gains from growth stocks may be more exciting, but a reliable and growing stream of dividend payments, reinvested in more stocks, unleashes the true power of compounding. Dividends have accounted for nearly half of the total return of the S&P 500 Index over the past 25 years. You....More>>>
EURUSD depreciated by 1.4 percent while EURINR appreciated by 1 percent during the same time frame. EU commission proposes 55 billion euros for Euro zone 2021 – 2027 budget for supporting investment in the region. Euro zone CPI came in at 1.2% for Apr18 against market expectations of 1.3%. Euro zone manufacturing PMI came in line with....More>>>
Stein Mart Inc (NASDAQ:SMRT) files its latest 10-K with SEC for the fiscal year ended on January 31, 2018. Stein Mart Inc operates several hundred department stores in the United States. It is engaged in providing fashion merchandise, service and presentation of a department or specialty store at prices competitive with off-price retail chains. Stein Mart Inc has a market cap of $124.750 million;....More>>>
ITC has undertaken price hike of 6-15% in some of its lower-end cigarette brands (contributing ~20% to cigarette sales volume). The average price hike (with no price increase in key brands) stood at 2%. The recent price hike will have initial reac
Shopko will liquidate its assets and close all of its remaining locations by mid-June.
The company was unable to find a buyer for the retail business and will begin winding down its operations beginning this week, the company said in statement released Monday. The decision to liquidate will b