NEW YORK, May 14- The wave of short-covering that drove shares of electric car maker Tesla Motors to huge gains last week appears to have subsided, but there are still plenty of investors willing to bet against the stock.
*Tesla Motors extends gains on raised sales outlook. Large-cap banks were among the day's biggest advancers, with Bank of America up 2.3 percent to $13.27 and Citigroup Inc up 2.1 percent to $49.97. Goldman Sachs advanced 2.9 percent to $153.97.
Tesla Motors Inc. rose 26.8 percent to $70.72. Green Mountain Coffee Roasters Inc. rose 24.9 percent to $74.31. CSP Inc. rose 10.7 percent to $8.25.
Affymax Inc. rose 27.1 percent to $1.83 with 30,986,500 shares traded. Facebook Inc. rose. 7 percent to $27.32 with 16,863,800 shares traded. Green Mountain Coffee Roasters Inc. rose 24.9 percent to $74.31 with 17,447,300 shares traded.
NEW YORK, May 9- Greenlight Capital's David Einhorn told his investors that the hedge fund closed its longstanding "short" position in bond insurer MBIA Inc. in the first quarter.
May 8- Green Mountain Coffee Roasters Inc, maker of Keurig single-serve brewers and K-Cups, raised its full-year earnings outlook on Wednesday after a better-than-expected second quarter and said it had expanded its relationship with Starbucks Corp, sending its shares up almost 16 percent after hours.
May 8- Green Mountain Coffee Roasters Inc, maker of Keurig single-serve brewers and K-Cups, raised its full-year earnings outlook on Wednesday after a better-than-expected second quarter and said it had expanded its relationship with Starbucks Corp, sending its shares up almost 16 percent after hours.
WATERBURY, Vt.-- Green Mountain Coffee Roasters Inc. shares soared in after-hours trading Wednesday after the company said net income rose 42 percent in its fiscal second quarter, and it raised its earnings forecast for the full year. Net income rose to $132.4 million, or 87 cents per share, from $93 million, or 58 cents per share.
*2nd- qtr EPS $0.93 ex items tops Wall Street view of $0.74/ shr. *Expands K-Cup partnership with Starbucks.