Business

The Lofty Promises of Elon Musk

The Lofty Promises of Elon Musk

Tesla's energy generation and storage revenue was up 127% year over year. How many Model 3s can Tesla actually produce? With partner Panasonic, Tesla built its gargantuan Gigafactory in Nevada, with the objective of reducing the cost of lithium-ion battery packs by 30%.


Analysis under Consideration: GlaxoSmithKline plc (GSK), BioAmber Inc. (BIOA)

Analysis under Consideration: GlaxoSmithKline plc (GSK), BioAmber Inc. (BIOA)

The monthly performance shows a value of -4.05% alongside the yearly performance of -9.02%. Ketan Patel, co-manager of the Amity UK fund at EdenTree Investment Management, said a potential bid for Pfizer's consumer healthcare assets was a concern but he welcomed a small decline in group debt, given anxieties about GSK's dividend, which now yields more than 6 percent.



American Airlines Group Inc. (AAL)

New Mexico Educational Retirement Board who had been investing in American Airlines Group Inc for a number of months, seems to be less bullish one the $24.01 billion market cap company. Fjarde Ap invested in 0.22% or 123,437 shares. Advisory Networks Llc has 8,000 shares. Laurion Cap Management Lp reported 95,223 shares. Allsquare Wealth Mngmt Llc has 1,700 shares.


Toys 'R' Us Going-Out-Of-Business Sales Could Start Today

Toys 'R' Us Going-Out-Of-Business Sales Could Start Today

But just days later, Toys R Us released an updated list on its website, which showed 18 stores, including the Smyrna store located on Cobb Parkway, were no longer to be shuttered. "The actions we are taking are necessary to give us the best chance to emerge from our bankruptcy proceedings as a more viable and competitive company".



United States Steel (X) Shares Gap Down on Analyst Downgrade

The company has a consensus rating of "Hold" and a consensus target price of $32.47. BMO Capital Markets boosted their price target on United States Steel from $29.00 to $33.00 and gave the company a "market perform" rating in a report on Thursday, November 2nd.


Volatility Jump Has Traders Asking About VIX Note Poison Pill

Volatility Jump Has Traders Asking About VIX Note Poison Pill

IBD'S TAKE: Don't try to guess where the market is headed next. Those funds are inversely linked to the VIX , a gauge of turbulence in the market. He said it "absolutely" contributed to the market turmoil. "Suddenly everyone is selling, and rather than give up your whole year of gains, you start puking as well".