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Model N stock price, MODN
Model N stock chart:
Model N close price: 12.2
Stock price forecast:
DOWN TO -0.16%
Total forecasts: 90
Reached: 2 (2.22%)
Total Win: 0.06 (0.48%)
Showing 1-10 of 631 items.
|Date of Forecast||Stock Price||Target Price||Forecast Reached Date|
Model N latest news:
Ford and Mazda Hope to Be Removed From Latest Airbag Recall
The automakers said no data showed that the airbags in their models included on Takata’s most recent recall list needed to be replaced.
Britain's Jaguar Land Rover opens first overseas engine plant
Jaguar Land Rover opened its first overseas engine plant on Friday, picking China for the investment a week after saying it would build a global model entirely outside Britain for the first time.
Polaris recalls tens of thousands of ATVs after reports of fire, fuel leaks
Recreational vehicles company Polaris Industries Inc. recalled about 25,600 all-terrain vehicles (ATVs) after reports of fuel leaks and fires. The recall involves 2014 Sportsman 570 model ATVs sold from April 2014 through May 2017 for $6,500 to $7,700 in several colors, which were made by Polaris in the U.S., according to the Consumer Product Safety Commission. The recall follows 30 reports of fuel leaks and four incidents involving a fire, although no injuries had been reported. "Consumers should immediately stop using the recalled ATVs and contact Polaris to schedule a free repair," the company said in a statement. "Polaris is contacting all known purchasers directly." The stock, which was up 1.2% in afternoon trade, has rallied 12.9% year to date, while the S&P 500 has gained 10.4%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Dick's Sporting Goods launching price match program, closing Chelsea Collective stores
Dick's Sporting Goods Inc. confirmed Tuesday that it is launching a price match program. According to the company's website, to qualify for the "price match guarantee" the item must be the same brand, model and color; the product must be immediately available at a retailer like Macy's Inc. , Amazon.com Inc. , Wal-Mart Stores Inc. or Kohl's Corp. ; and it must meet certain other criteria for eligibility. For example, markdown items aren't included. Dick's also announced that it will be closing its Chelsea Collective stores on August 6. Chelsea Collective was a fitness boutique for women that focused on apparel, shoes and accessories. There were just two stores open for two years. "We opened Chelsea Collective stores as a lab to more thoroughly understand the women's specialty athletic business. As the leases at both locations are expiring soon, we have concluded the very successful experiment," Dick's said in a statement. Dick's shares closed Tuesday down 2.5%, and are down 30.3% for the year so far. The S&P 500 index is up nearly 10% for the period.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Redfin sets IPO terms for up to $1.1 billion valuation
Real estate brokerage Redfin Corporation set a price range of $12 to $14 a share Monday to raise up to $129 million in its initial public offering. Redfin has an online-offline model in which it lists homes online and also employs real estate agents to bring the customers to the properties. At the high end of its price range, the company would have a public market capitalization of $1.1 billion. The company applied to list its stock on the Nasdaq Global Select Market under the symbol "RDFN." Goldman Sachs & Co. LLC and Allen & Company LLC are the lead underwriters on the offering. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Tesla Model 3: Should you buy Elon Musk's first mass-market electric car?
The Tesla Model 3 electric sedan is reaching its first buyers in July, but the line to get one is already at least a year long.
FanDuel, DraftKings call off merger after FTC pressure
Daily-fantasy startups DraftKings and FanDuel called off their attempted "merger of equals" on Thursday, after the Federal Trade Commission moved to block the deal. DraftKings Chief Executive Jason Robins confirmed the decision with a statement, saying, "We believe it is in the best interests of our customers, employees, and investors to terminate our agreement." FanDuel Chief Executive Nigel Eccles also issued a statement, saying, "There is still enormous, untapped market opportunity for FanDuel, and we will continue to execute our strategy to grow our business and further expand the fantasy sports industry." The FTC said last month that it would seek to block the merger, which would have combined two dominant and highly valued startups that face challenges to their business model from some states.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Just Cool Cars: Not just an ordinary Ford Model A
USA TODAY's Chris Woodyard talks to Larry "Cigar Larry" McCullah about his 1928 Ford Model A/R at a car show in Huntington Beach, Calif.
Tesla April registrations drop in key California market
Registrations of Tesla Inc (TSLA) vehicles in California, by far the largest market of the luxury electric car maker, fell 24 percent in April from a year ago, according to data from IHS Markit. The findings come as investors worry that demand for Tesla's luxury Model S sedan is waning ahead of the mass market Model 3 launch.
Tesla shares drift lower as Model S fails to ace some safety tests
(Reuters) - Shares of Tesla Inc fell for the third straight day on Thursday, after its Model S sedan failed to get the top score in some tests conducted by a U.S. safety group and a larger rival secured supplies to power its electric vehicle program.
U.S. stocks fall as central banks signal QE end
U.S. stocks traded firmly lower Thursday as central banks around the globe were indicating a desire to exit from ultra-easy monetary policies that prevailed during the heart of the 2008-'09 financial crisis. The Dow Jones Industrial Average fell 0.4% at 21,391, the S&P 500 index slipped 0.5% at 2,420, while the Nasdaq Composite Index tumbled 0.6% at 6,115, after posting Wednesday's best performance among the U.S. equity benchmarks. All three benchmarks were off their lows of the session in midday trade. Wall Street has closely followed recent central bankers' comments about the strength of the global economy, with recent remarks from the European Central Bank lifting expectations that policy makers may be ready to close a chapter in longstanding monetary-easing programs, which have supported prices in bonds and stocks around the world. Minutes from the ECB released Thursday indicated that the central bank was worried about how best to communicate increasing confidence in the eurozone economy without roiling markets. Those minutes, coming after the Federal Reserve's minutes on Wednesday, helped to drive bond prices lower and yields higher. The 10-year German bond yield hit an 18-month high at 0.54%, while the 10-year Treasury note climbed to 2.38% on the day. On the economic front, a reading of private-sector employment showed that employers added a seasonally-adjusted 153,000 jobs during the month, below the 180,000 jobs that a consensus of economists had forecast. Meanwhile, initial jobless claims in the period between June 25 and July 1 increased 4,000 to a seasonally adjusted 248,000. Economists use these numbers to get a feel for the official nonfarm-payrolls report due on Friday, with the consensus estimate at 179,000 new jobs created in June. Later in the morning, the Institute for Supply Management report services was at 57.4 in June, compared with 56.5 expected. A reading of 50 indicates expansion. In corporate news, shares of Tesla Inc. extended Wednesday's decline after the electric-car maker's Model S failed to receive a top safety award. Shares of General Electric slumped after the EU's antitrust watchdog said GE may have misled regulators when the EU was reviewing its $1.65 billion deal with LM Wind Power. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Why hybrid cars aren't dead (despite what you may have heard)
Volvo said all of its new models would be electric cars, hybrids or "mild" hybrids, which are gas vehicles partially powered by battery-driven motors.
All New Volvo Models Will Be Electric Or Hybrid Starting In 2019
Volvo will be the first traditional automaker to set a date to phase out cars powered only by internal combustion engines. Volvo's CEO called Tesla "a tough competitor" in the premium electric market.
BMO Harris Revamps Flat-Rate Pricing After 3-Year Effort
Three years after its adoption, dealer compensation at BMO Harris Bank has changed from a single, 3% flat rate, Auto Finance News has learned. The new program, which went into effect June 1, is a three-tiered model with 1%, 3%, and 5% rates that increase in sync with loan terms,Read More
Tesla's stock could make new highs as Model 3 production ramps--analyst
Shares of Tesla Inc. slumped 1.4% in premarket trade, on the back of downbeat deliveries data, but Baird analyst Ben Kallo said he believed the weakness will be short lived as investors start looking ahead to the Model 3 introduction later this month Kallo reiterated his outperform rating and stock price target of $368, which is 4.4% above Monday's closing price of $352.62. Despite the disappointing second-quarter deliveries data, Kallo said what he believes is important is that Tesla indicated it expects to increase combined deliveries of the Model S and Model X, which demonstrates continued demand for Tesla vehicles. The Model 3 is set to be introduced on July 28. "The release of Q2 deliveries was another de-risking event for the stock, and we expect shares to trade higher as investors are increasingly able to focus on the Model 3," Kallo wrote in a note to clients. He said the stock could "make new highs"--the record close was $383.45 on June 23--as Model 3 production ramps. The stock has soared 65% year to date through Monday, while the S&P 500 has gained 8.5%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
GM China says sales rebound in June, promises 10 models in second half
BEIJING (Reuters) - General Motors Co on Wednesday said sales rose in China in June after two consecutive months of decline, and promised to rebuild momentum in the world's largest car market with 10 new or refreshed models in the second half of 2017.
Tesla deliveries at low end of forecast, starting Model 3 production
(Reuters) - Tesla Inc said it delivered about 47,100 electric sedans and SUVs in the first half of 2017, at the lower end of its own forecasts, shortly after Chief Executive Elon Musk announced that production of its mass-market Model 3 would start this week and build to 20,000 per month in December.
Tesla says deliveries hit by 'severe' battery production shortfall
Tesla Inc. said on Monday that vehicle deliveries in the second quarter came to 22,000, up 53% from the year-earlier period. The Palo Alto, Calif., car maker cited a "severe" production shortfall of 100 kWh battery packs, which are made using new technologies on new production lines. "The technology challenge grows exponentially with energy density," the company said in a statement. "Until early June, production averaged about 40% below demand." Once the issue was resolved, June orders and deliveries were strong, "ranking as one of the best in Tesla history," said the statement. For the first half, deliveries came to about 47,100 cars, compared with its most recent guidance of 47,000 to 50,000. Tesla said assuming global economic conditions don't deteriorate, it is confident that deliveries of Model S and Model X in the second half will exceed the first-half number. Production totaled 25,708 vehicles in the second quarter, bringing first-half production to 51,126. Shares closed regular trading down 2.5% and were extending that loss in after-hours trade. The shares have gained 65% in 2017, while the S&P 500 has advanced 8.8%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Tesla says Q2 deliveries fall short due to 'severe' battery production shortfall
Tesla Inc. said Monday second-quarter deliveries came to 22,000 vehicles, up 53% from the year-earlier period but well below the company's guidance of 47,000 to 50,000 vehicles provided with its first-quarter earnings in May. The company said the main cause of the miss was a "severe" production shortfall of 100 kWh battery packs, which are made using new technologies on new production lines. "The technology challenge grows exponentially with energy density," the company said in a statement. "Until early June, production averaged about 40% below demand." Once the issue was resolved, June orders and deliveries were strong, "ranking as one of the best in Tesla history," said the statement. For the first half, deliveries came to about 47,100 cars. Tesla said assuming global economic conditions do not deteriorate, it is confident that deliveries of Model S and Model X in the second half will exceed the first-half number. Production totaled 25,708 vehicles in the second quarter, bringing first-half production to 51,126. Shares closed regular trading down 2.5% and were extending that loss in after-hours trade. The shares have gained 65% in 2017, while the S&P 500 has gained 8.8%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Tesla's Musk sees 20,000 Model 3s in December, shares slip
(Reuters) - Tesla Inc's shares fell 2.5 percent on Monday after Chief Executive Elon Musk said late on Sunday that the carmaker was set to start production of its new electric Model 3 sedan this week and would produce 20,000 per month by December, roughly in line with its previous targets.
Tesla: 1st Model 3 to be built Friday, sales start July 28
Tesla's CEO says the first Model 3 electric car for the masses should come off the assembly line Friday, with the first deliveries in late July
Tesla's Musk says Model 3 on track, shares rise
- Tesla Inc's (TSLA) shares rose 1.5 percent on Monday after Chief Executive Elon Musk said late on Sunday that the electric carmaker was set to start production of its new Model 3 sedan this month and was on track to produce 20,000 per month by December, in line with its previous targets.
Tesla to start Model 3 electric car production this month, CEO Elon Musk says
Tesla will begin production of its first mass-market electric vehicle, CEO Elon Musk said, meeting an ambitious goal that was widely questioned.
Tesla says its Model 3 car will go on sale on Friday
Electric car maker Tesla says its much-ballyhooed Model 3 car for the masses will go on sale on Friday
Tesla's Model 3 to begin production on Friday: Elon Musk
Tesla Inc.'s [s:tsla] Model 3 electric car should begin production on Friday, the company's chief executive, Elon Musk, said Monday. In a series of posts to Twitter, Musk said the $35,000 vehicle has "passed all regulatory requirements for production two weeks ahead of schedule," and that 30 cars should go to owners by July 28. In August, the production total should be 100, rising to 1,500 in September. Musk said he expects the production rate to be 20,000 per month by December. The Model 3 is part of Musk's strategy to boost production next year to 500,000 from about 84,000 last year.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Tesla's Musk says Model 3 gets regulatory nod for production
(Reuters) - Tesla Inc's high-volume Model 3 sedan passed all regulatory requirements for production two weeks ahead of schedule, Chief Executive Elon Musk tweeted on Sunday night.
UK car output fell 10% in May, says SMMT
Carmakers are now set to ramp up production of new models, with exports the main driver of demand.
Nestle to spend up to $20.8 billion on share buybacks over the next 3 years
Swiss chocolate and snacks giant Nestle S.A. said Tuesday it will buy back up to 20 billion Swiss francs--the equivalent of about $20.78 billion--worth of its common stock starting July 4, 2017 through the end of June 2020. The buyback announcement follows the initiation of a review of the company's capital structure and priorities to support its "value creation model," which includes the recent announcement that it was exploring alternatives for its U.S. confectionery business. The company said if any "sizeable" acquisitions are made, the buyback program will be changed accordingly. The stock's U.S.-listed shares were up 1% in midday trade, while the Swiss-based shares closed down 1.6%. Nestle's U.S.-listed shares have run up 24% year to date, while the S&P 500 has gained 8.9%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Boeing's Conner bows out with $1.2 billion air show deal
PARIS (Reuters) - Boeing Vice Chairman Ray Conner on Wednesday sealed his last air show deal before retiring, signing off with the conversion of ten orders to the new 737 MAX 10 model for Donghai Airlines in China, where near-record traffic growth is powering aviation.
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