Tesla Motors Inc. (TSLA) has been sued in the largest automobile market of the world for trademark infringement, spelling more difficulties for foreign corporations conducting business in the second-largest economy in the world. This recent development could substantially dent Elon Musk’s aggressive plan to expand in China. Tesla Motors Inc (NASDAQ:TSLA) net profit margin is -6.50% and weekly performance is -6.95%. On last trading day company shares ended up $223.06. Analysts mean target price for the company is $224.83. Tesla Motors Inc (NASDAQ:TSLA) distance from 50-day simple moving average is 5.62%.
Honda Motor Co Ltd (ADR) (NYSE:HMC) is recalling 175,356 gas-electric hybrid vehicles in Japan, including the Fit subcompact, over a software glitch in the engine control unit, the car maker said today. Honda Motor Co Ltd (ADR) (NYSE:HMC) shares advanced 1.20% in last trading session and ended the day on $35.41. HMC Gross Margin is 26.00% and its return on assets is 3.80%. Honda Motor Co Ltd (ADR) (NYSE:HMC) quarterly performance is 4.89%.
BNP Paribas SA (ADR) (OTCMKTS:BNPQY) pleaded guilty to a criminal charge over its dealings with sanctioned countries in federal court on Wednesday, putting the finishing touches on the French bank’s record $8.97 billion settlement reached last week with U.S. authorities. BNP Paribas SA (ADR) (OTCMKTS:BNPQY) shares moved down -0.65% in last trading session and was closed at $32.95, while trading in range of $32.76-$33.03.
Jefferies Group lifted their price target on shares of Toyota Motor Corp (NYSE:TM) from $133.62 to $139.80 in a research note issued on Thursday. The firm currently has a “buy” rating on the stock. Jefferies Group’s price target suggests a potential upside of 14.84% from the company’s current price.Toyota Motor Corp (ADR) (NYSE:TM) ended the last trading day at $120.04. Company weekly volatility is calculated as 0.85% and price to cash ratio as 4.88. Toyota Motor Corp (ADR) (NYSE:TM) showed a negative weekly performance of -1.82%.