As per Andrew Fung of CLSA, Tesla Motors Inc (NASDAQ:TSLA) is indeed headed for the $300 mark owing to a number of reasons. On being questioned on his projection, the financial whiz who works for this renowned Asia-focused brokerage house enumerated the possible factors that could propel this automotive company to higher levels. Just a…
Ford Motor Company (F) Lays Roadmap for Hybrid Series
Ford Motor Company (NYSE:F) is known for its high quality automobiles and innovative technology solutions. The company is planning to launch a new hybrid series car with gasoline-electric combination by the end of 2018. The main objective is to build market in the hybrid car segment and to compete with primary rivals including Toyota Prius.…
Dollar General Corp. (DG) Doubts the Intention of CEO of Family Dollar Stores, Inc. (FDO) Over Acquisition
In the latest string of Family Dollar Stores, Inc. (NYSE:FDO) acquisition process, Dollar General Corp. (NYSE:DG) has questioned the motives of Howard Levine, CEO of Family Dollar Stores, Inc. (NYSE:FDO). According to Dollar General Corp. (NYSE:DG), Levine is probably motivated by self-interest in Dollar Tree, Inc. (NASDAQ:DLTR)’s acquisition of the company. As mentioned by the…
Target Corporation (TGT) Increasing Sales With Promotions
Target Corporation (NYSE:TGT)’s stocks again become bullish just after the release of the company’s statement on the second quarter 2014 earnings on Wednesday. According to executive vice president and chief financial officer of the company, John Mulligan, “While results from the quarter didn’t meet our expectations, we are seeing some early signs of progress as…
PetSmart, Inc. (PETM) Ready to Consider Sale As An Alternative
Amidst huge pressure from investors, PetSmart, Inc. (NASDAQ:PETM) will consider the alternative to sell the company. Jana Partners LLC is known to head the movement with other shareholders and the investment firm claimed that PetSmart, Inc. (NASDAQ:PETM) has been trying to hide poor results from shareholders, as show in one of its documents filed with…
Dollar General Corp. (DG) takes lead on Dollar Tree, Inc (DLTR) with a $9 billion bid for Family Dollar Stores Inc (FDO)
In a series of events associated with Family Dollar Stores Inc (NYSE:FDO)’s acquisition, Dollar General Corp. (NYSE:DG) has entered the bidding war with Dollar Tree, Inc (NASDAQ:DLTR). Dollar General Corp. (NYSE:DG) offered nearly $9 billion for Family Dollar Stores Inc (NYSE:FDO) against $8.5 billion offered by Dollar Tree, Inc (NASDAQ:DLTR) last month. According to the…
Is It Time To Sell Tesla Motors Inc (TSLA)?
On August 15th, 2014, it was mentioned on CNBC that the current trend might not be what appears to be a future decline in the price as far as Tesla Motors Inc (NASDAQ:TSLA) was concerned. Led by CEO and founder Elon Musk, this company prides itself in manufacturing electric cars and powertrain components. Although consumer reports…