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Tesla was aiming for a $1 billion cash injection through the sale of common stock and convertible debt. The EV and battery storage giant said this week it planned to offer $250m of common stock and $750m of convertible senior notes due in 2022 "in concurrent underwritten registered public offerings".
  • Trade war will be harmful: #China warns Donald #Trump

    Trade war will be harmful: #China warns Donald #Trump

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    American exports to China expanded an average 11 percent in the past 10 years, outpacing the 6.6 percent growth in Chinese shipments to the USA during the period, according to Zhong. China's exports for January and February combined rose 4.0 per cent from the same period past year, while imports surged 26.4 per cent, suggesting solid improvement in demand domestically and overseas.
  • Is a second OPEC cut on the cards?

    Is a second OPEC cut on the cards?

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    Oil last week broke below the US$50 a barrel level it had held above since the Organisation of Petroleum Exporting Countries and 11 other nations started trimming supply on January 1. The contract dropped 79 U.S. cents to $US48.49 on Friday, capping the biggest weekly decline since November. Hedge funds trimmed their WTI net-long position, or the difference between bets on a price increase and wagers on a decline, by 2.9 percent in the week ended March 7, following a 6.5 percent drop the ...
  • Runaway bus in northern Haiti kills up to 34 people, injures…

    Runaway bus in northern Haiti kills up to 34 people, injures…

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    Following the accident, people began throwing rocks at the bus and other vehicles. The death toll is now at 34, with 17 people sustaining injuries, according to Reuters. "Usually the drivers involved in such accidents don't stop because they are afraid they might be killed [in reprisal]", Fred Henry, the area's deputy representative said, as cited by Reuters.
  • US Mortgage Rates Hit 2017 High in Early March

    US Mortgage Rates Hit 2017 High in Early March

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    Interest rates on 30-year, fixed-rate conforming mortgages, the most widely held type of US home loan, averaged 4.36 percent, up from 4.30 percent the prior week. The purchase component of the index was up 2 percent. That's nearly $100 a month more than last July, when the average rate was 3.4 percent. The average rate for a 10-year fixed-refinance rate is 3.18 percent, up 6 basis points from a week ago.
  • Norges Bank Takes Position in Marathon Petroleum Corp (MPC)

    Norges Bank Takes Position in Marathon Petroleum Corp (MPC)

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    Likewise, the negative performance for the quarter was recorded as -12.15% and for the year was 55.49%, while the YTD performance remained at -6.88%. "Has $3,255,000 Position in Marathon Petroleum Corp (MPC)" was first posted by Community Financial News and is the sole property of of Community Financial News.
  • Trending Stock Analysis: TG Therapeutics, Inc. (NASDAQ:TGTX)

    Trending Stock Analysis: TG Therapeutics, Inc. (NASDAQ:TGTX)

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    While looking at the Stock's Performance, TG Therapeutics, Inc. now shows a Weekly Performance of 76.52%, where Monthly Performance is 107.14%, Quarterly performance is 78.07%, 6 Months performance is 52.4% and yearly performance percentage is 18.02%.
  • Infrastructure On The Brink

    Infrastructure On The Brink

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    It includes a vast network of other systems that most people take for granted, including drinking water and sewer service, the electrical supply system, railroads, transit systems, and ports. But it also notes his call to spend up to $1 trillion on infrastructure is not enough, and that his plan to leverage private investment is inadequate.
  • Chesapeake Energy Corporation (NYSE:CHK)

    Chesapeake Energy Corporation (NYSE:CHK)

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    A number of equities research analysts have recently issued reports on the stock. Chesapeake Energy Corporation (CHK ), a part of Basic Materials sector and belongs to Independent Oil & Gas industry; ended its day with gain 0.56% and finalized at the price of $5.35.
  • The Children's Place, Inc. (NASDAQ:PLCE) Closed the Last Trading Session with…

    The Children's Place, Inc. (NASDAQ:PLCE) Closed the Last Trading Session with…

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    According to the earnings report released for Quarter Ending_Oct-16, The Company posted actual earnings of $2.29 per share whereas the Analysts projected earnings were $2.01 per share. Children's Place, Inc . has a 12-month low of $59.76 and a 12-month high of $111.20. The firm has a market capitalization of $1.82 billion and a PE ratio of 22.915.
  • Price fall could see oil breach US$50 barrel barrier

    Price fall could see oil breach US$50 barrel barrier

    Money

    By 11:15 AM EST, the April contract for USA crude was down $1.18, or 2.35%, to $49.13 a barrel. The EIA now expects USA crude production in 2017 to rise by 330,000 barrels per day, more than previously forecast, according to its monthly outlook on Tuesday.