Transocean LTD (NYSE:RIG) the world’s largest offshore oil drilling contractor and rig operator, reported earnings for the first quarter of its 2014 fiscal year after the bell yesterday (1QFY14). The company, which currently has 78 rigs in operation, reported earnings of $1.43 per share, beating the Street’s expectations by 40%. Transocean also said that its revenues increased by 7.3% on a year-over-year (YoY) basis to $2.34 billion, beating estimates by $70 million. Transocean LTD (NYSE:RIG) shares after opening at $42.78 moved to $43.36 on last trade day and at the end of the day closed at $43.33. Company price to sales ratio in past twelve months was calculated as 1.64 and price to cash ratio as 5.05. Transocean LTD (NYSE:RIG) showed a positive weekly performance of 0.60%.
SolarCity Corp (NASDAQ:SCTY) CEO Lyndon R. Rive sold 120,000 shares of SolarCity Corp stock on the open market in a transaction that occurred on Tuesday, May 6th. The shares were sold at an average price of $54.16, for a total transaction of $6,499,200.00. Following the sale, the chief executive officer now directly owns 779,257 shares in the company, valued at approximately $42,204,559. SolarCity Corp (NASDAQ:SCTY) shares fell -9.05% in last trading session and ended the day on $47.71. SCTY return on equity ratio is recorded as -17.30% and its return on assets is -2.80%. SolarCity Corp (NASDAQ:SCTY) yearly performance is 101.65%.
Tesla Motors Inc (NASDAQ:TSLA fell by more than 7% in after-hours trading on Wednesday after the electric vehicle maker’s second-quarter outlook disappointed some investors, who were impatiently awaiting clearer evidence of the company’s future development. The car maker’s stock settled nearly 3% lower on the NASDAQ and extended its fall in after-market trading despite a better-than-expected first-quarter earnings report, which showed the company is on track to reaching its internal goals for its Model S sedan. Tesla Motors Inc (NASDAQ:TSLA) shares moved down -2.86% in last trading session and was closed at $201.35 while trading in range of $197.25 – $210.20 – Tesla Motors Inc (NASDAQ:TSLA) year to date (YTD) performance is 33.85%.
First-quarter earnings at Zillow Inc (NASDAQ:Z) the consumer online real estate service, exceeded Wall Street’s expectations, along with record traffic in the quarter. Zillow reported a first-quarter net loss on a GAAP basis of $6.26 million, or 16 cents a share, compared to a loss of $3.75 million, or 11 cents a share, primarily related to increases in advertising spending, the Seattle-based company said on Wednesday. Zillow Inc (NASDAQ:Z) weekly performance is -13.86%. On last trading day company shares ended up $93.63. Zillow Inc (NASDAQ:Z) distance from 50-day simple moving average (SMA50) is 1.54%. Analysts mean target price for the company is $96.71.
SandRidge Energy, Inc. (NYSE:SD) announced financial and operational results for the quarter ended March 31, 2014. Additionally, presentation slides will be available on the company’s website, www.sandridgeenergy.com, under Investor Relations/Events. SandRidge Energy Inc. (NYSE:SD) shares after opening at $6.77 moved to $6.79 on last trade day and at the end of the day closed at $6.73 . Company price to sales ratio in past twelve months was calculated as 1.68 and price to cash ratio as 4.09. SandRidge Energy Inc. (NYSE:SD) showed a negative weekly performance of -1.90%.