Tesla (TSLA), Others to Benefit as China Drop 10% Purchase Tax
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
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Market Wrap: Alcoa Shines in Q2; Dow Drops Back Below 17K; AbbVie Sweetens Shire Bid
July 8, 2014 5:25 PM EDTMarket wrap for July 8th
End of the Day: S&P 500 down 13.9 to 1,963.71; Dow Jones down 117.6 to 16,906.62; Nasdaq down 60.1 to 4,391.46
* Alcoa, Inc. (NYSE: AA) reported Q2 EPS of $0.18, $0.06 better than the analyst estimate of $0.12. Revenue for the quarter came in at $5.8 billion versus the consensus estimate of $5.66 billion. For more on the results,... More
Twitter (TWTR) Down 6% Amid Rout
July 8, 2014 10:32 AM EDT(Updated - July 8, 2014 10:58 AM EDT)
Twitter (NYSE: TWTR) declined over 6% Tuesday as Nasdaq stocks sold off. Yelp (NYSE: YELP) was lower by about the same amount. Zillow (Nasdaq: Z) was... More
Tesla (TSLA) Sued in China Over Trademark Infringement
July 8, 2014 6:44 AM EDTTesla (Nasdaq: TSLA) is on watch today following reports that the company is being sued in China for trademark infringement.
Reports out Tuesday have Chinese businessman Zhan Baosheng filing a lawsuit against the company, ordering Tesla to stop using the "Tesla"... More
