The shares of Tesla Motors Inc (NASDAQ:TSLA) jumped nearly 7% to close at $247 in the extended trading session after the electric carmaker announced its third quarter 2014 results. The car manufacturer made record car deliveries of 7,785 during the quarter despite of the factory retooling in July this year. Tesla Motors reported net revenue…
Apple Inc. (AAPL)’s CEO Reveals His Sexual Orientation, Consider It As The Greatest Gift From God
With more than half of the states in the United States supporting Gay couple marriages, Tim Cook, CEO of Apple Inc. (NASDAQ:AAPL) has come forward to reveal his sexual orientation. Cook says that he is proud of being a gay and considers it as one of the greatest gifts from the God. It is one…
Wal-Mart Stores, Inc. (WMT) Aims Fresh Food Section, Closes 30 Seiyu Stores In Japan
Wal-Mart Stores, Inc. (NYSE:WMT) has plans to shut down 30 underachieving retail stores in Japan managed under the Seiyu unit of the retailer. The retailer is planning to remodel its stores in Japan with more focus towards its fresh food offerings. Japan was once one of the most promising growth markets for the retailer but…
GoPro Inc (GPRO) Shares Soar 15% As Third Quarter 2014 Results Surpass Market Expectations
The shares of GoPro Inc (NASDAQ:GPRO) grew up to 15% in the extended trading session closing at$78.81 after the action camera maker announced its third quarter 2014 results. The company has better-than-expected sales forecast for the holiday quarter considering the increasing popularity of its video cameras. The action camera manufacturer announced revenues of $280 million…
Kraft Foods Group Inc (KRFT) Reports Lowlier Profits Amid Increasing Food Prices
The shares of Kraft Foods Group Inc (NASDAQ:KRFT) slid nearly 3% during the afterhours trade post its third quarter 2014 financial results. The company reportedly lost its profit margins because of price hikes with a marginal increase in its overall revenue. Kraft Foods reported net revenues of $4.4 billion in its third quarter 2014 along…
Argument over Tesla Motors Inc (TSLA)’s Sales Figures Raises Doubts
Tesla Motors Inc (NASDAQ:TSLA) was fast becoming a dream growth story pertaining to the automobile industry in USA when the Wall Street Journal questioned its sales figures as also the authenticity of its claims. On reading what had been published, the electric auto-car maker’s CEO Elon Musk could not refrain from countering the claims. An…
Tesla Motors Inc (TSLA) Announces Leasing Alternatives For Its Model S Buyers in U.S.
In its attempt to promote Model S in the United States, Tesla Motors Inc (NASDAQ:TSLA) has announced a new leasing policy for the buyers of Model S in the country. The company has collaborated with U.S. Bank to roll out its latest leasing option. Under the new leasing option, buyers of Model S would be…
Toyota Motor Corp (7203) Sells Its Stake In Tesla Motors Inc (TSLA), Reports Huge Gains
Toyota Motor Corp (TYO:7203) announced last week that it sold off its stake in Tesla Motors Inc (NASDAQ:TSLA) with commendable gains. Toyota is the second company after the Mercedes maker, Daimler AG (USA) (OTCMKTS:DDAIF), reported selling off its stake in the electric car company. The Japanese carmaker released a statement saying that the sale underwent…
Tesla Motors Inc (TSLA) to Find another Way to Reach People of Michigan
Following the cue provided by the states of Arizona, Maryland, New Jersey and Texas, Michigan also ruled out direct selling of Model S by Tesla Motors Inc (NASDAQ:TSLA) in the state. In fact, in Michigan things have been taken a step further wherein the car manufacturer is not even permitted to set up information galleries…
Apple Inc. (AAPL) Ready For Another Record Quarter Driven By iPhone 6 Sales
Apple Inc. (NASDAQ:AAPL) is all set to record another successful quarter fueled by its latest iPhone 6. The CEO of the company forecast record breaking quarter with its latest range of devices including iPhone 6 and iPhone 6 Plus, iPad, iPad Mini, and its recent venture into online payments, Apple Pay. It is quite evident…