Tesla Motors Inc (NASDAQ:TSLA) sees better prospects in New Jersey after the state’s assembly approved a bill allowing consumers to buy electric vehicles directly from manufacturers. The bill has now moved to the New Jersey Senate for final approval. Tesla Motors Inc (NASDAQ:TSLA) net profit margin is -6.50% and weekly performance is 14.52%. On last trading day company shares ended up $231.67. Analysts mean target price for the company is $224.83. Tesla Motors Inc (NASDAQ:TSLA) distance from 50-day simple moving average is 13.90%.
On June 12,2014 GT Advanced Technologies Inc (NASDAQ:GTAT) announced that it has secured a project win for its proprietary, next-generation HiCz continuous feeding puller technology that is expected to help enable the solar industry’s transition to higher efficiency, lower cost solar material. The company has entered into an agreement with Qatar Solar Energy (QSE) to supply its HiCz™200 furnaces for QSE’s integrated PV manufacturing project in Doha, Qatar. As noted by QSE in a recent press release, QSE has opened a 300MW integrated facility and plans for the project to reach 2.5GW. The supply agreement is subject to QSE’s receipt of government approvals and financing, at which time GT would expect to receive the equipment order. GT Advanced Technologies Inc (NASDAQ:GTAT) shares advanced 1.23% in last trading session and ended the day on $18.96. GTAT Gross Margin is 30.60% and its return on assets is -10.10%. GT Advanced Technologies Inc (NASDAQ:GTAT) quarterly performance is 3.95%.
Investment analysts at Brean Capital cut their price objective on shares of SouFun Holdings (NASDAQ:SFUN) from $18.00 to $15.00 in a note issued to investors on Friday. The firm currently has a “buy” rating on the stock.SouFun Holdings Ltd (NYSE:SFUN) shares moved down -2.85% in last trading session and was closed at $8.87, while trading in range of $8.63-$9.13. SouFun Holdings Ltd (NYSE:SFUN) year to date performance is -46.18%.
Rite Aid Corporation (NYSE:RAD), one of the leading drugstore chain operators, is slated to report its first-quarter fiscal 2015 results on Jun 19, 2014. In the last quarter, it posted a positive surprise of 150%.
Rite Aid Corporation (NYSE:RAD) ended the last trading day at $7.16. Company weekly volatility is calculated as 3.65% and price to cash ratio as 47.53. Rite Aid Corporation (NYSE:RAD) showed a negative weekly performance of -1.65%.
Research analysts at Citigroup Inc. started coverage on shares of Time (NASDAQ:TIME) in a report released on Friday. The firm set a “buy” rating and a $22.55 price target on the stock. Citigroup Inc (NYSE:C) net profit margin is 26.80% and weekly performance is -3.12%. On last trading day company shares ended up $47.79. Analysts mean target price for the company is $58.14. Citigroup Inc (NYSE:C) distance from 50-day simple moving average is 0.53%.