SolarCity Corp (NASDAQ:SCTY) has appointed Jonathan Shulkin to its board of directors, according to the solar company’s SEC filing. Effective March 20, 2014, Mr. Shulkin is serving as a Class III director. He will stand for reelection during the company’s annual shareholders meeting in 2015. SolarCity has also named Shulkin as a member of its Audit Committee. SolarCity Corp (NASDAQ:SCTY) shares after opening at $63.61 moved to $65.04 on last trade day and at the end of the day closed at $60.12. Company price to sales ratio in past twelve months was calculated as 33.88 and price to cash ratio as 36.13. SolarCity Corp (NASDAQ:SCTY) showed a negative weekly performance of -17.30%.
Tesla Motors Inc (NASDAQ:TSLA) has won the exclusive right to sell its vehicles directly to Ohio consumers, but just in three major cities. Nonetheless, it’s a win in a state where a complete ban could have been voted through. Tesla Motors Inc (NASDAQ:TSLA) shares fell -3.39% in last trading session and ended the day on $212.96. TSLA return on equity ratio is recorded as -14.60% and its return on assets is -3.90%. Tesla Motors Inc (NASDAQ:TSLA) yearly performance is 462.49%.
The Baidu Inc (ADR) (NASDAQ:BIDU) on Feb. 26 announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2013. Total revenues in the fourth quarter of 2013 were RMB9.523 billion ($1.573 billion), a 50.3% increase from the corresponding period in 2012. Net income attributable to Baidu in the fourth quarter of 2013 was RMB2.784 billion ($459.9 million), a 0.4% decrease from the corresponding period in 2012. Diluted earnings attributable to Baidu per ADS for the fourth quarter of 2013 were RMB7.90 ($1.30); diluted earnings attributable to Baidu per ADS excluding share-based compensation expenses (non-GAAP) for the fourth quarter of 2013 were RMB8.40 ($1.39). Baidu Inc (ADR) (NASDAQ:BIDU) shares moved down -2.52% in last trading session and was closed at $152.12, while trading in range of $152.03-$159.82.Baidu Inc (ADR) (NASDAQ:BIDU) year to date performance is -14.48%.
SINA Corp (NASDAQ:SINA) was downgraded by equities research analysts at Maxim Group from a “buy” rating to a “hold” rating in a research note issued to investors on Tuesday, TheFlyOnTheWall.comreports. They currently have a $90.00 target price on the stock. Maxim Group’s target price would suggest a potential upside of 34.11% from the company’s current price. The analysts noted that the move was a valuation call.SINA Corp (NASDAQ:SINA) weekly performance is -11.15%. On last trading day company shares ended up $59.63. SINA Corp (NASDAQ:SINA) distance from 50-day simple moving average is -15.07%. Analysts mean target price for the company is $91.46.