Tesla to take Model 3 preorders an hour earlier than planned
Tesla to take Model 3 preorders an hour earlier than planned
Tesla to take Model 3 preorders an hour earlier than planned
Atlanta Fed President Dennis Lockhart said he expects three quarter-point interest rate hikes this year according to his interview with the Nikkei Asian Review.
Tesla Motors Inc. Chief Executive Elon Musk tweeted late Thursday the electric-car maker moved up the start of online reservations for the Model 3 in order to avoid server overload. Online reservations will start at 7:30 p.m. Pacific, one hour earlier than initially scheduled, he said. Tesla is unveiling the Model 3, a sedan expected to cost $35,000 and run 200 miles between charges, at an event later Thursday at its design center outside Los Angeles. The start of the event was kept at 8:30 p.m. Pacific. Meanwhile... Читать дальше...
Shares of Starwood Hotels & Resorts Worldwide Inc. fell in Thursday's extended session following a report from Dow Jones Newswires that China's Anbang Insurance Group Co. will withdraw from a proposed takeover of the hotel chain. Anbang had been locked in a bidding war for Starwood with Marriott International Inc. that has inflated the offer price to $14 billion, or $82.75 a share. Starwood shares slumped 4.7% in after-hours trading while Marriott International shares skidded 5.2%.
Читать дальше...Starwood shares off 5% in after hours as China's Anbang abandons takeover deal
Four steps for new investors, and some more tax tips if you haven’t filed.
U.S. stocks dip Thursday, but March goes in books as year's best month
U.S. stocks closed down on Thursday but still had one of their best months since October as market sentiment stabilized on a more dovish Federal Reserve. The S&P 500 fell 4 points, or 0.2%, to close at 2,059 for the session and rallied 6.6% in March. The Dow Jones Industrial Average shed 31 points, or 0.2%, to finish at 17,684 for the day and gained 7.1% for the month. The Nasdaq closed up less than a point at 4,869 on Thursday for a monthly rise of 6.8%. For the quarter, the S&P 500... Читать дальше...
So far this year, with the exception of Facebook, momentum stocks are failing to live up to expectations, prompting a J.P. Morgan strategist on Thursday to recommend that investors avoid them at “any price.”
So far this year, with the exception of Facebook, momentum stocks are failing to live up to expectations, prompting a J.P. Morgan strategist on Thursday to recommend that investors avoid them at “any price.”
So far this year, with the exception of Facebook, momentum stocks are failing to live up to expectations, prompting a J.P. Morgan strategist on Thursday to recommend that investors avoid them at “any price.”
A new report tested almost 200 cans to find the chemical BPA was widespread in packaging.
Controlled companies, where voting rights are unequal and one shareholder or group holds large amount of shares, underperform and overpay their CEOs
Moody's Investors Service said Thursday it has downgraded ratings assigned to Valeant Pharmaceuticals International Inc. , sending them deeper into speculative-grade, or "junk" status. Moody's cut the company's corporate family rating to B2 from B1, and its probability of default rating to Caa1-PD from B1-PD. The senior secured rating remains on review for a possible downgrade. The action "reflects a combination of operating headwinds, CEO and board changes occurring at a time of elevated financial leverage... Читать дальше...
Amazon launches a first-of-its-kind mobile esports league
Amazon launches a first-of-its-kind mobile esports league
Oil futures finished the month on Thursday with a gain of more than 13%, with prices finding support from falling U.S. production and the prospect of a freeze in output by major producers. May WTI crude settled at $38.34 a barrel on the New York Mercantile Exchange, up 2 cents for the session. Prices gained about 13.5% for the month and 3.5% for the quarter, according to FactSet.
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The Securities and Exchange Commission on Thursday settled charges with Navistar International Corp for allegedly misleading investors about its development of an advanced technology truck engine that could be certified to meet U.S. emission standards. The company agreed to pay a $7.5 million penalty without admitting or denying the charges. Separately, the SEC filed charges against former Navistar CEO Daniel C. Ustian for aiding and abetting the company in misleading investors in this matter. Читать дальше...
Gold futures post biggest quarterly gain since 1986
Everything you need to know about individual retirement accounts.
If you inherit an IRA from someone other than your spouse the rules are a bit more complicated.
Spotify reportedly raised a $1 billion convertible debt round, which analysts say shows the fear of startup investors.
Spotify reportedly raised a $1 billion convertible debt round, which analysts say shows the fear of startup investors.
Gold futures edged higher on Thursday to finish out the quarter more than 16% higher. The metal has benefited from the U.S. Federal Reserve's dovish stance on monetary policy. June gold added $7, or 0.6%, to settle at $1,235.60 an ounce. For the quarter, prices climbed roughly 16.4%, according to FactSet, which was the largest quarterly gain since the third quarter of 1986. They ended the month less than 0.1% higher.
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