Panasonic Corp is considering investing in a U.S. car battery plant planned by Tesla Motors Inc (NASDAQ:TSLA), sources familiar with the plan said on Wednesday, with total investment estimated by one source around 100 billion yen ($979 million). The facility, expected to go on-stream in 2017, is part of Tesla’s blueprint for a more affordable electric vehicle and would be the first major, integrated U.S. facility producing battery cells for electric cars. Tesla Motors Inc (NASDAQ:TSLA) stock opened at $230.00 in last trading session, and closed at $248.00, trading in the range of $228.45 – $259.20. The stock showed a positive weekly performance of 21.75%.
Kandi Technologies Group Inc (NASDAQ:KNDI), the Chinese electric-car rental company, surged to a record in U.S. trading after saying its service is profitable and that it plans to expand to the country’s biggest cities. Kandi Technologies Group Inc (NASDAQ:KNDI) shares closed at $15.57 on last trade day, by gaining 0.06%. Stock 52 week range is $3.47 – $16.95. Company’s market capitalization is $575.75 million.
Fifth & Pacific Companies Inc (NYSE:FNP)’s fourth-quarter net income more than tripled from the prior year as the clothing and accessories company sold trademarks related to the Juicy Couture brand. The company, once known as Liz Claiborne Inc., has been shedding businesses to focus on its Kate Spade brand. Last year it announced deals to sell its Juicy Couture brand and denim line Lucky Brand. Fifth & Pacific Companies Inc (NYSE:FNP) stock advanced 12.02% and finished the last session at $35.24. The EPS of the stock remained -0.37. Company’s market capitalization is $4.33 billion.
Tyson Foods, Inc. (NYSE:TSN) will begin trading ex-dividend on February 26, 2014. A cash dividend payment of $0.075 per share is scheduled to be paid on March 14, 2014. Shareholders who purchased TSN stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that TSN has paid the same dividend. At the current stock price of $38.86, the dividend yield is .77%. Tyson Foods, Inc. (NYSE:TSN) stock opened at $39.02 in last trading session and closed at $38.93. The 52 week range of the stock is $21.79 – $39.54 and the day range was $38.87 – $39.54.