Elon Musk, Tesla Motors Inc (NASDAQ:TSLA)’s outspoken co-founder, said patents for the maker of Model S electric cars will be “open source” and available at no charge as it seeks to expand adoption of battery-powered autos. Tesla Motors Inc (NASDAQ:TSLA) net profit margin is -6.50% and weekly performance is -1.63%. On last trading day company shares ended up $203.52. Analysts mean target price for the company is $224.83. Tesla Motors Inc (NASDAQ:TSLA) distance from 50-day simple moving average (SMA50) is -0.31%.
Intel Corporation (NASDAQ:INTC) expects second-quarter revenue to be $13.7 billion, plus or minus $300 million, as compared to the previous range of $13.0 billion, plus or minus $500 million. The company is forecasting the mid-point of the gross margin range to increase by 1 point to 64 percent, plus or minus a couple of percentage points, driven mostly by higher PC unit volume. R&D plus MG&A spending is expected to be approximately $4.9 billion, $100 million higher than the prior expectation of approximately $4.8 billion, driven largely by revenue- and profit-dependent items. Intel Corporation (NASDAQ:INTC) shares advanced 0.11% in last trading session and ended the day on $27.96. INTC Gross Margin is 60.60% and its return on assets is 10.50%. Intel Corporation (NASDAQ:INTC) quarterly performance is 14.78%.
BP plc (ADR) (NYSE:BP) had its market perform rating reiterated by analysts at Sanford C. Bernstein. They currently have a GBX 500 price target on the stock. BP plc (ADR) (NYSE:BP) shares moved up 0.94% in last trading session and was closed at $51.34, while trading in range of $51.04 – $51.59. BP plc (ADR) (NYSE:BP) year to date (YTD) performance is 8.11%.
Finisar Corporation (NASDAQ:FNSR) reported fourth quarter adjusted EPS of $0.36 after the close Thursday, compared to $0.20 in the previous year. The consensus estimate was for EPS of $0.38. First quarter EPS is expected to be between $0.30 and $0.34, compared to the consensus estimate of $0.41. The stock is now down 4.54 on 1.1 million shares. Finisar Corporation (NASDAQ:FNSR) ended the last trading day at $25.25. Company weekly volatility is calculated as 2.04% and price to cash ratio as 4.40. Finisar Corporation (NASDAQ:FNSR) showed a positive weekly performance of 1.61%.
On 10 JUNE Marathon Oil Corporation (NYSE:MRO) announced that it would sell its North Sea oil business to a local Norwegian businessman for as much as $2.1 billion in cash. Marathon Oil Corporation (NYSE:MRO) net profit margin is 17.50% and weekly performance is 5.61%. On last trading day company shares ended up $39.15. Analysts mean target price for the company is $ 42.57. Marathon Oil Corporation (NYSE:MRO) distance from 50-day simple moving average (SMA50) is 8.38%.