Tesla Motors Inc. (NASDAQ:TSLA) was sued in China for trademark infringement in the latest example of the difficulties foreign companies face doing business in the country. Tesla Motors Inc. (NASDAQ:TSLA) net profit margin is -6.50% and weekly performance is -6.86%. On last trading day company shares ended up $222.66. Analysts mean target price for the company is $224.83. Tesla Motors Inc. (NASDAQ:TSLA) distance from 50-day simple moving average (SMA50) is 5.77%.
NQ Mobile Inc. (NYSE: NQ) said it has announced changes to its board of directors. Two new independent directors, Max Yao and Justin Chen, have been appointed to the board and the audit committee, effective July 6, 2014. Max Yao will also serve as chair of the audit committee of the board. Ying Han, the current chair of the audit committee, has informed the board that she would be stepping down from the board due to personal reasons not related to her role at the company effective on July 6, 2014. NQ Mobile Inc. (ADR) (NYSE:NQ) shares declined -2.18% in last trading session and ended the day on $4.48. NQ gross Margin is 63.50% and its return on assets is 2.40%.NQ Mobile Inc. (ADR) (NYSE:NQ) quarterly performance is -73.65%.
Pluristem Therapeutics Inc., (NASDAQ:PSTI) a leading developer of placenta-based cell therapies, on 27 June announced that Russia’s Federal Service for Intellectual Property has granted to Pluristem Patent No. 2515156 titled, “Methods of Treating Inflammatory Colon Diseases”. Pluristem Therapeutics Inc. (NASDAQ:PSTI) shares moved down -3.21% in last trading session and was closed at $3.02, while trading in range of $3.02 – $3.02. Pluristem Therapeutics Inc. (NASDAQ:PSTI) year to date (YTD) performance is -14.20%.
ArcelorMittal SA (NYSE:MT)‘s stock had its “buy” rating restated by analysts at Deutsche Bank in a research report issued to clients and investors on Monday. They currently have a $21.00 price objective on the stock, down from their previous price objective of $23.00. Deutsche Bank’s price objective suggests a potential upside of 36.90% from the stock’s previous close. ArcelorMittal SA (ADR) (NYSE:MT) ended the last trading day at $15.08. Company weekly volatility is calculated as 1.37% and price to cash ratio as 4.96.ArcelorMittal SA (ADR) (NYSE:MT) showed a positive weekly performance of 1.82%.
Vodafone Group Plc (NYSE:VOD)‘s stock had its “hold” rating reiterated by analysts at Berenberg Bank in a research report issued to clients and investors on Thursday. Vodafone Group Plc (ADR) (NASDAQ:VOD) weekly performance is 0.12%. On last trading day company shares ended up $33.47. Analysts mean target price for the company is $45.29. Vodafone Group Plc (ADR) (NASDAQ:VOD) distance from 50-day simple moving average (SMA50) is -2.19%.