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Showing posts with label finance. Show all posts
Showing posts with label finance. Show all posts
Tesla Motors, Inc. (TSLA) Stock - NasdaqGS
Tesla Motors, Inc. (Tesla) designs, develops, manufactures and sells electric vehicles and advanced electric vehicle powertrain components. Tesla owns its sales and service network. The Company is engaged in commercially producing a federally-compliant electric vehicle, the Tesla Roadster. addition to developing its Model S and future vehicle manufacturing capabilities at the Tesla Factory, the Company is designing, developing and manufacturing lithium-ion battery packs, electric motors, gearboxes and components both for its vehicles and for its original equipment manufacturer customers. These activities occur at its electric powertrain manufacturing facility in Palo Alto, California and at the Tesla Factory. The Company provides services for the development of electric powertrain components and sells electric powertrain components to other automotive manufacturers.
Ashton Kutcher owns one of the more than 13,000 Tesla Model S electric sedans on the road in North America, and he's quite pleased about it.
After ditching his Lexus hybrid, Kutcher liked his new ride so much that he bought stock in Tesla.
Kutcher has gotten into investing of late, putting about $100 million into companies including Airbnb, Spotify and Foursquare.
"EVs get held to a higher standard," he told ClimateWire.
Miller Tabak’s Andrew Wilkinson offers another reason: Fed tapering fears. He writes:
Some of the poor tone ahead of the start to US trading may be as a result of ongoing taper talk surrounding the Fed’s intentions. With the August non-farm payroll reading due September 6, there remains a sense that two weeks later could still deliver the first announced reduction in the volume of monthly bond purchases. Still, even if that happens it should be taken as an ultimate sign of recovering economic health and not as a detractor from the US economy.
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H and M Opens U.S. Web Store
Hennes & Mauritz (HMB:SS)—H&M, to you—finally started taking online orders in the U.S. this morning on its HM.com website, more than 2½ years after first promising to open an American Web store and almost two years behind a digital-shopping option from rival Zara(ITX:SM). Fast Retailing’s (9983:JT) Uniqlo, the world’s No. 4 retailer, also beat sluggish H&M to the punch by opening an e-commerce platform in U.S. ahead of the 2012 holidays.
Stay tuned for more.” Those who did stay tuned were treated to at least two delay announcements over the following months, even as the retailer managed to run online operations in the U.K., Germany, and many other countries. The company is offering some free shipping throughout August for the debut before charging a flat $5.95 fee. The Web store gives H&M access to a $54 billion U.S. market in apparel and accessories bought online, according to eMarketer, and sales are growing by almost 20 percent a year. Apparel is second only to consumer electronics when it comes to sheer scale of Web commerce, and clothes now command twice as many Internet dollars as books, music, and videos.
The Web presence also gives H&M another shot at consumers who like its clothes and prices but consider a trip to its stores a special kind of Swedish hell—the kind with legions of sharp-elbowed teens and piles of castoff polyester, and without any of those Ikea meatballs.
While inventory management at a brick-and-mortar store isn’t easy, at least it’s tangible—customers see only what’s there. There are other challenges more or less specific to running an online-apparel operation in the U.S. American shoppers are fickle and prone to returns. The sheer size of the country and its various climates presents a constant challenge of what to stock online. In the end, the Swedish giant couldn’t afford to ignore U.S. Web shoppers any longer as it looked to broaden its sales base.
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AAPL Up 5% iPhone, iPads, & FYQ3, Q4
Apple fruit (AAPL) this afternoon described fiscal Q3 income and profit that covered analysts’ approximates, and outlook this quarter’s income below expectations. income in the three months ended in June increased to $35.3 billion, yielding EPS of $7.47.
The Street had been modeling $35.02 billion and $7.31 per share. apple fruit supply is up $15.81, over 3%, at $435.32 up $20, or almost 5%, at $438.99 in late selling. whole margin came in at 36.9%, which was in the direction of the high end of the company’s outlook for 36% to 37% whole margin.
The company reportedd sales of 31.2 million iPhones, and 14.6 million iPads. That iPhone number is much higher than some estimates of 26 to 27 million that I’ve seen. The iPad number seems reduced relative to anticipations for possibly 16 million to 17 million. The company sold 3.8 million Macs, which is smaller than approximates I’ve seen for 4 million or so, and 4.6 million iPods. CEO Tim Cook said the business was “proud of our record June quarter iPhone sales,” and also development in sales of content from iTunes.
He said the business is “laser-focused and employed hard on some astonishing new goods that we will insert in the drop and over 2014.”
For the current quarter, apple fruit projects income in a variety of $34 billion to $37 billion, with whole margin of 36% to 37%. That is below the present agreement for $37.1 billion this quarter. Apple completed the quarter with $11.25 billion in cash and equivalents, $31.4 billon in marketable short-term securities,and $104 billion in long-term securities, after developing functioning cash of $7.8 billion, for a cash balance of $147 billion. That is against $17 billion of long-term liability.
apple fruit management will owner a conference call with analysts at 5 pm, to the east time, and you can apprehend the webcast of it on the company’s shareholder relatives world wide web site.
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