Tesla Motors Inc (NASDAQ:TSLA) stock jumped almost 6% today and is now close to $200 per share again. The Chinese Finance Ministry is going to extend a subsidy program for consumers that want to buy electric vehicles, according to Benzinga. The subsidy program for electric vehicle purchases is scheduled to happen in 2015. Tesla Motors Inc (NASDAQ:TSLA) stock opened at $189.34 in last trading session, and closed at $196.56, trading in the range of $189.32 – $199.30. The stock showed a positive weekly performance of 10.98%.
Tata Motors Limited (ADR)(NYSE:TTM), India’s biggest automaker by revenue, saw third-quarter net profits triple to their highest in a year-and-a-half on strong demand for its luxury Jaguar Land Rover vehicles and a one-time accounting gain. Tata Motors Limited (ADR)(NYSE:TTM) shares closed at $30.62 on last trade day, by gaining 5.62%. Stock 52 week range is $21.75 – $32.89. Company’s market capitalization is $19.71 billion.
Cna Financial Corp (NYSE:CNA) agreed to sell a life unit to Wilton Re Holdings Ltd. at a loss as the insurer majority-owned by Loews Corp. narrows its focus to property-casualty coverage. Proceeds from the divestiture of Continental Assurance Co., which has liabilities tied to group annuities and structured settlements, will be about $615 million, the Chicago-based insurer said today in a statement. The deal will reduce earnings this quarter by about $220 million, CNA said. Cna Financial Corp (NYSE:CNA) stock advanced 6.93% and finished the last session at $42.42. The EPS of the stock remained 2.62. Company’s market capitalization is $11.44 billion.
Apple Inc. (NASDAQ:AAPL) on Monday lost its latest bid to put a court-appointed antitrust monitor on hold, after a federal appeals court rejected its argument that the monitor’s work was causing it irreparable harm. In a brief order, the 2nd US Circuit Court of Appeals in New York said that monitor Michael Bromwich may continue to examine Apple’s antitrust compliance policies while the company pursues a broader appeal seeking to remove him altogether. Apple Inc. (NASDAQ:AAPL) stock opened at $0.25 in last trading session and closed at $518.66. The 52 week range of the stock is $385.10 – $575.14 and the day range was $518.00 – $531.99.