Tesla Motors Inc (NASDAQ:TSLA) Chief Executive and “product architect” Elon Musk told shareholders Tuesday that 2014 has been a great year and next year will be even better — and kept them rolling in the aisles as he did so. Addressing an approving audience in Mountain View, Calif., Musk emphasized his vehicles’ performance and safety record, boasting that Teslas have driven a total of 344 million miles without “a serious permanent injury.” Tesla Motors Inc (NASDAQ:TSLA) net profit margin is -6.50% and weekly performance is -2.97%. On last trading day company shares ended up $203.99. Analysts mean target price for the company is $224.83. Tesla Motors Inc (NASDAQ:TSLA) distance from 50-day simple moving average (SMA50) is -0.58%.
LinkedIn Corp (NYSE:LNKD) announced a redesign of its user profile pages for premium subscribers. The pages seem to have taken a few design cues from Facebook and Twitter. The redesign includes a larger profile picture and customizable header image that runs across the length of the profile. The redesign is currently only available to LinkedIn’s premium users. The new design will be rolled out to free users in the next few months. LinkedIn Corp (NYSE:LNKD) shares advanced 0.38% in last trading session and ended the day on $156.40. Gross Margin is 86.70% and its return on assets is -0.30%. LinkedIn Corp (NYSE:LNKD) quarterly performance is -24.71%.
On May 23, Weibo Corp (ADR) (NASDAQ:WB) the micro-blogging website based out of China, has reported more than double net loss in 1Q, 2014. As per the company this was due to increased spending in new efforts to attract new users. The total loss reported for the first three months of the year was $47.4 million against $19.2 million. On the other hand, the company has managed to increase the number of users who are active daily by 37% in the same period. Weibo Corp (ADR) (NASDAQ:WB) shares moved up 2.51% in last trading session and was closed at $18.78, while trading in range of $18.09 – $19.15. Weibo Corp (ADR) (NASDAQ:WB) year to date (YTD) performance is -7.21%.
Nomura upgraded shares of National Bank of Greece (ADR) (NYSE:NBG) from a reduce rating to a buy rating in a research report sent to investors on Tuesday morning, TheFlyOnTheWall.com reports. National Bank of Greece (ADR) (NYSE:NBG) ended the last trading day at $3.62. Company weekly volatility is calculated as 3.32% and price to cash ratio as 0.80. National Bank of Greece (ADR) (NYSE:NBG) showed a positive weekly performance of 5.23%.
On May 8, Medican Enterprises Inc (OTCBB:MDCN) a bio-pharmaceutical company focused on developing and marketing pharmaceutical grade cannabis to the emerging global medical marijuana market announced that it has received all signatures and approvals necessary for the Amendment Agreement previously announced on May 5 2014. This agreement sets forth the amended terms for the initial acquisition of 50% of International Herbs Medical Marijuana (IHMML). Medican Enterprises Inc (OTCBB:MDCN) On last trading day company shares ended up $2.05 .
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