Tesla Motors Inc. has taken the lead as the top auto-industry employer in California, overtaking Toyota Motor Corp., and the company plans more hiring this year. Bloomberg reports Tesla (NASDAQ: TSLA) now employs than 6,000 workers in the state, putting it ahead of Toyota, which has 5,300 California workers. Tesla Motors Inc. (NASDAQ:TSLA) net profit margin is -6.50% and weekly performance is 5.10%. On last trading day company shares ended up $191.56. Analysts mean target price for the company is $224.83. Tesla Motors Inc. (NASDAQ:TSLA) distance from 50-day simple moving average (SMA50) is -10.24%.
TriNet Group Inc. (NYSE:TNET), a leading cloud-basedprovider of HR services, announced that John H. Kispert has been appointed to itsboard of directorseffective May 7, 2014. TriNet Group Inc. (NYSE:TNET) shares fell -0.04% in last trading session and ended the day on $23.93. TNET gross Margin is 18.90% and its return on assets is 2.70%.
BP Prudhoe Bay Royalty Trust (NYSE:BPT) estimated distributions for 2014 are $11.67 per unit yielding 13.6% distribution rate. BP is investing over $1 billion in new rigs and wells in Prudhoe Bay over the next five years. BP Prudhoe Bay Royalty Trust (NYSE:BPT) shares moved up 1.75% in last trading session and was closed at $90.91, while trading in range of $89.28 – $91.00. BP Prudhoe Bay Royalty Trust (NYSE:BPT) year to date (YTD) performance is 22.08%.
Equities research analysts at Jefferies Group upped their price target on shares of QTS Realty Trust (NYSE:QTS) from $30.00 to $33.00 in a research note issued to investors on Wednesday, American Banking & Market News reports. The firm currently has a “buy” rating on the stock. Jefferies Group’s target price indicates a potential upside of 14.03% from the stock’s previous close. QTS Realty Trust Inc. (NYSE:QTS) ended the last trading day at $29.18. Company weekly volatility is calculated as 3.10% and price to cash ratio as 162.06.QTS Realty Trust Inc. (NYSE:QTS) showed a positive weekly performance of 2.75%.