Tesla Motors Inc. (NASDAQ:TSLA) Director Antonio J. Gracias sold 20,000 shares of the stock in a transaction dated Friday, May 30th. The shares were sold at an average price of $210.08, for a total transaction of $4,201,600.00. Tesla Motors Inc. (NASDAQ:TSLA) net profit margin is -6.50% and weekly performance is -1.25%. On last trading day company shares ended up $204.70. Analysts mean target price for the company is $224.83. Tesla Motors Inc. (NASDAQ:TSLA) distance from 50-day simple moving average (SMA50) is -0.75%.
Qihoo 360 Technology Co Ltd (NYSE:QIHU) was upgraded by equities research analysts at STANDARD CHARTERED.5 from an “underperform” rating to an “outperform” rating in a research note issued to investors on Thursday. The firm currently has a $104.00 target price on the stock, up from their previous target price of $80.00. Qihoo 360 Technology Co Ltd (NYSE:QIHU) shares fell -4.33% in last trading session and ended the day on $87.85. QIHU gross Margin is 86.90% and its return on assets is 9.20%.Qihoo 360 Technology Co Ltd (NYSE:QIHU) quarterly performance is -19.44%.
As it rolls out new XLTE wireless technology across Central Texas, Verizon Communications Inc. (NYSE:VZ) Wireless has earned top honors in Denton in the most recent studies of wireless service by independent testing firm RootMetrics. Verizon posted the highest ranking in the Overall Performance category, as well as the Speed Index and Data Performance sub-categories. Verizon Communications Inc. (NYSE:VZ) shares moved up 0.18% in last trading session and was closed at $50.05, while trading in range of $49.96 – $50.33. Verizon Communications Inc. (NYSE:VZ) year to date (YTD) performance is 4.10%.
Zacks Investment Research downgraded DSW Inc. (NYSE:DSW) to a Zacks Rank #5 (Strong Sell) on May 31, 2014, following the company’s dismal first-quarter fiscal 2014 performance on May 28. Since then, the shares have nosedived 23%. DSW Inc. (NYSE:DSW) ended the last trading day at $25.24. Company weekly volatility is calculated as 4.53% and price to cash ratio as 6.80.DSW Inc. (NYSE:DSW) showed a negative weekly performance of -23.35%.
The Wall Street Journal reports Google Inc. (NASDAQ:GOOG) has plans to spend more than $1 billion on Wi-Fi-beaming satellites, though details are still being worked out. The search giant reportedly wants to send 180 small, high-capacity satellites up into orbit—lower than traditional satellites—that would bring Internet to places that currently don’t have access (or would be too expensive to build infrastructure). The cost could rise to as high as $3 billion depending on how many satellites Google eventually launches. Google Inc. (NASDAQ:GOOG) weekly performance is 0.22%. On last trading day company shares ended up $553.93. Google Inc. (NASDAQ:GOOG) distance from 50-day simple moving average (SMA50) is 2.87%.