Tesla Motors Inc. (NASDAQ:TSLA) Chief Executive Elon Musk told analysts early this month he had expected Panasonic to become the main partner in the project from the outset and expected the two companies to reach an agreement late this year. Tesla Motors Inc. (NASDAQ:TSLA) net profit margin is -6.50% and weekly performance is 8.22%. On last trading day company shares ended up $207.30. Analysts mean target price for the company is $224.83. Tesla Motors Inc. (NASDAQ:TSLA) distance from 50-day simple moving average (SMA50) is -0.76%.
Honda Motor Co. Ltd (ADR) (NYSE:HMC) has cut its outlook for India’s motorcycle market after discovering that economic growth in the country has cooled. The world’s biggest motorbike manufacturer has predicted that industry deliveries in India should rise to 20 to 25 million units by 2020, fewer than its earlier forecast of 30 million, which has now been reneged upon. Honda Motor Co Ltd (ADR) (NYSE:HMC) shares advanced 1.31% in last trading session and ended the day on $34.71. HMC gross Margin is 26.00% and its return on assets is 3.80%.Honda Motor Co Ltd (ADR) (NYSE:HMC) quarterly performance is -3.90%.
Investment analysts at DA Davidson dropped their target price on shares of Silicon Graphics International Corp (NASDAQ:SGI) to $9.50 in a note issued to investors on Friday, AnalystRatingsNetwork reports. Silicon Graphics International Corp (NASDAQ:SGI) shares moved up 2.60% in last trading session and was closed at $9.09, while trading in range of $8.82 – $9.10. Silicon Graphics International Corp (NASDAQ:SGI) year to date (YTD) performance is -32.21%.
Sergio Marchionne, CEO of Fiat SpA, (ADR) (OTCMKTS:FIATY) announced that the Lancia nameplate will be reduced to a single model, the Ypsilon subcompact, offered for sale only in Italy. Sales of the $32,000 Delta are expected to end after this year, with Chrysler’s rebadged Voyager minivan exiting showrooms at the end of 2015. Fiat S.p.A. (ADR) (OTCMKTS:FIATY) ended the last trading day at $10.12.
Nissan Motor Co., Ltd. (ADR) (OTCMKTS:NSANY) announced the launch of the New Skyline 200GT-t (the next-generation turbo model) with a high-power, fuel-efficient lightweight turbocharged gasoline engine with maximum power output of 155kW (211ps), which goes on sale on June 5, 2014 at Nissan dealers throughout Japan. Nissan Motor Co., Ltd. (ADR) (OTCMKTS:NSANY) weekly performance is 1.98%. On last trading day company shares ended up $18.02. Analysts mean target price for the company is $18.78. Nissan Motor Co., Ltd. (ADR) (OTCMKTS:NSANY) distance from 50-day simple moving average (SMA50) is 3.04%.