Tesla Motors Inc (NASDAQ:TSLA)’s flagship supercar, the Model S, is arguably the best car ever made. Tesla is working hard to become the premier electric vehicle maker in the world, having already expanded to Norway and now gaining inroads into the UK, Continental Europe, China, Japan, and Australia (a factory is open in the Netherlands and one is planned in China). The company’s supercharger network currently has 120 stations worldwide, but is expected to increase by 200 by year end. By the end of 2015 Tesla says its network will cover parts of Canada, large stretches of China, and almost all of the United States and Europe. Tesla Motors Inc (NASDAQ:TSLA) net profit margin is -6.50% and weekly performance is 11.22%. On last trading day company shares ended up $229.59. Analysts mean target price for the company is $224.83. Tesla Motors Inc (NASDAQ:TSLA) distance from 50-day simple moving average is 12.31%.
Vodafone Group Plc (ADR) (NASDAQ:VOD) made a statement today, revealing that it made a tender offer to acquire Italy’s Cobra Automotive Technologies SpA for 1.49 euros per share. This values the Italian company at about 145 million euros (197.5 million dollars). Vodafone’s move attempts to boost its machine-to-machine capability. Vodafone Group Plc (ADR) (NASDAQ:VOD) shares fell -1.21% in last trading session and ended the day on $32.53. VOD Gross Margin is 27.10% and its return on assets is 44.50%. Vodafone Group Plc (ADR) (NASDAQ:VOD) quarterly performance is -9.56%.
Sprint Corporation (NYSE:S) which is trying to acquire T-Mobile Us Inc. (NYSE:TMUS), is said to have been in talks with eight banks to finance its proposed acquisition, Reuters reported. The terms of the financing arrangement are expected to be finalized by July, whereas the deal is expected to be announced by August 2014. Sprint Corporation (NYSE:S) shares moved down -0.59% in last trading session and was closed at $8.41, while trading in range of $8.23-$8.56. Sprint Corporation (NYSE:S) year to date performance is -21.77%.
People with knowledge of the matter reported that AT&T Inc. is to become the exclusive carrier of the new smartphone of Amazon.com Inc. The people familiar with the process also said that the new smartphone model is to be officially revealed this Wednesday. The deal is considered beneficial for AT&T because it is able to help it attract new users at a time when the rivalry between the wireless carriers has become fiercer than ever. AT&T Inc. (NYSE:T) ended the last trading day at $35.39. Company weekly volatility is calculated as 0.69% and price to cash ratio as 50.87. AT&T Inc. (NYSE:T) showed a positive weekly performance of 1.03%.
On June 5,2014 Baidu, Inc. (NASDAQ: BIDU) (“Baidu” or the “Company”), the leading Chinese language Internet search provider, announced the pricing of its public offering of US$1.0 billion aggregate principal amount of 2.750% notes due 2019. The notes have been registered under the U.S. Securities Act of 1933, as amended, and are expected to be listed on the Singapore Exchange Securities Trading Limited.Baidu Inc (ADR) (NASDAQ:BIDU) net profit margin is 30.90% and weekly performance is -1.99%. On last trading day company shares ended up $174.50. Analysts mean target price for the company is $1304.09. Baidu Inc (ADR) (NASDAQ:BIDU) distance from 50-day simple moving average is 7.50%.