SolarCity (SCTY)/Tesla (TSLA) Merger Spread Ticks Up Despite Musk Tout
- Futures flat ahead of Easter break, Wall St set for sharp Q1 gains
- Home Depot agrees to buy SRS Distribution, sees TAM expanding to $1 trillion
- Yen on intervention watch; Asia shares creep higher
- Dollar gains as inflation data looms; yen on intervention watch
- Piper Sandler: Stock rally likely to continue on rising recession risks
- Discover Financial Services (DFS) Announces CEO Resignation
- Timken (TKR) Appoints Tarak Mehta as New CEO
- Crude Inventory Increases 3.2 Million Barrels
- Intuitive Machines (LUNR) Files for $300M Share Offering, 160M Share Offering by Selling Stockholders
- Many senior Amazon employees won't get cash raises this year - Fortune
Tesla (TSLA): SolarCity Vision Becoming Clearer - Baird
November 2, 2016 7:36 AM EDTBaird analyst, Ben Kallo, reiterated his Outperform rating on shares of Tesla Motors (NASDAQ: TSLA) after reviewing more details on the Solar City transaction.
Shareholders are likely to approve the merger, and TSLA should benefit from the acquisition through cross-selling opportunities, lower customer... More
Tesla's (TSLA) Musk Sees 'Zero' Chance of SolarCity (SCTY) Bankruptcy
November 1, 2016 5:36 PM EDTTesla's (NASDAQ: TSLA) CEO Elon Musk sees "zero" chance of a SolarCity (NASDAQ: SCTY) bankruptcy.
Merger... More