Molycorp (MCP) and Tesla (TSLA) Rip, Shorts Limp into Weekend
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Tesla (TSLA) Surges Higher; Hedge Fund Says Stock Worth $200/Sh
May 10, 2013 9:57 AM EDTTesla (NASDAQ: TSLA) is continuing higher on short covering sparked by a new BusinessInsider article suggesting the stock is the next Apple and is going to $200 per share. Shares are up 12% intra-day.... More
Molycorp (MCP) Demand Improves but Co. Not Out of Woods on Pricing
May 10, 2013 9:26 AM EDTGoldman Sachs today maintained a Neutral rating on Molycorp (NYSE: MCP) with a price target of $6.00. Molycorp reported Q1 results yesterday. Commenting, analyst Brian Lee noted that rare earth demand was normalizing, but pricing and execution were still a challenge.
... More
Molycorp (MCP) Misses Q1 EPS by 6c
May 9, 2013 4:17 PM EDTMolycorp (NYSE: MCP) reported Q1 EPS of ($0.33), $0.06 worse than the analyst estimate of ($0.27). Revenue for the quarter came in at $146.4 million versus the consensus estimate of $137.52 million.
The Company reported negative cash flows from operating activities of $36.6 million during the quarter, and... More
Tesla's (TSLA) Model S Named Motor Trend 2013 'Car of Year'
May 9, 2013 10:12 AM EDTOn the heels of strong Q1 earnings yesterday, Telsa (Nasdaq: TSLA) pleased investors when it receive favorable publicity by earnings Motor Trend's 2013 "Car of the Year". Not only did the Model S take the top spot, Motor Trend scored the vehicle 99 out of... More
