Asian stocks were mostly lower on Friday following a global market selloff overnight but upbeat data from China helped cap larger losses.» Read More
TOKYO, Aug 1- Japan's Nikkei share average dropped on Friday morning after U.S. shares languished on concerns that interest rates could rise sooner than expected, but strong earnings from Sony Corp and Panasonic Corp limited the losses.
DETROIT, July 31- Tesla Motors Inc, the California- based maker of luxury electric cars, said it expects to build more than 60,000 cars in 2015, after spending heavily this year to update and expand its Fremont assembly plant.
PALO ALTO, Calif.— Electric car maker Tesla Motors widened its loss in the second quarter as it prepared for the launch of a new SUV and started work on a massive new battery plant. But the company is still considering sites in California, New Mexico, Arizona and Texas, and won't make a final decision for several months.
DETROIT, July 31- Tesla Motors Inc, the California- based maker of luxury electric cars, said it lost $61.9 million, or 50 cents a share, in the second quarter, as revenue nearly doubled to $769.3 million. In the year-ago quarter, Tesla lost $30.5 million, or 26 cents a share, on revenue of $405.1 million.
RENO, Nev.— Electric car maker Tesla Motors said Thursday that it is preparing a site near Reno, Nevada, as a possible location for its new battery factory, but is still evaluating other sites. Tesla said it broke ground on the Nevada site in June. California, New Mexico, Arizona and Texas are also in the running.
DETROIT, July 31- Tesla Motors Inc, the California- based maker of luxury electric cars, said it lost $61.9 million, or 50 cents a share, in the second quarter, as revenue nearly doubled to $769.3 million. On a non-GAAP basis, Tesla said it earned 11 cents a share, topping analysts' expectations of 4 cents.
US stocks plunge, wiping out July's gains Twitter: Govt. requests for user data increased Debit overdraft fees often exceed cost of purchase As US job market strengthens, many don't feel it Journal Communications, Scripps Co. announce deal Iliad of France makes surprise bid for T-Mobile US FDA approves Boehringer's once-a-day inhaler drug USDA overhauls decades-old poultry inspections Obama order presses contractors to obey labor laws Panasonic, Tesla to build big US battery plant
Twitter says government requests for user data grew sharply in past 6 months Stocks plunge, wiping out July gains; Market is on track for first monthly loss since January Federal agency finds that debit card purchases of less than $24 produce large overdraft fees Even as jobs return, lagging incomes and home equity leave many Americans feeling glum Journal Communications, Scripps Co. plan to merge broadcast operations, spin off newspapers Iliad of France makes surprise bid for majority of T-Mobile US, challenging Sprint's overtures FDA approves once-a-day inhaler drug for patients with chronic lung disease USDA overhauls decades-old poultry inspections in effort to improve food safety In an election-year dare to GOP, Obama signs order on labor violations by federal contractors Panasonic, Tesla to build major US battery plant for electric vehicles, site not announced
TOKYO, July 31- Panasonic Corp confirmed on Thursday it would invest in U.S. electric carmaker Tesla Motors Inc's planned $5 billion lithium-ion battery plant in the United States, but said it had yet to decide on the size and timing of its investment.
HELSINKI— Finnish wireless equipment maker Nokia says it has a preliminary agreement to acquire part of the wireless network business of Japan's Panasonic Corp.. Nokia said Thursday that the two companies aim to finalize the deal by September and close it by the end of the year.
TOKYO— American electric car maker Tesla Motors Inc. is teaming up with Japanese electronics company Panasonic Corp. to build a battery manufacturing plant in the U.S. expected to create 6,500 jobs. Tesla has said that Nevada, Arizona, Texas, New Mexico and California are in the running.
TOKYO, July 31- Panasonic Corp confirmed on Thursday it would invest in U.S. electric carmaker Tesla Motors Inc's planned $5 billion lithium-ion battery plant in the United States, but said it had yet to decide on the size of its investment. "We have not yet decided exactly how much we will invest and when," said Chief Financial Officer Hideaki Kawai.
*Sony warns will just break even on smartphones this FY. TOKYO, July 31- Japan's Sony Corp warned it doesn't now expect to make money on smartphones this year, citing weak demand, but said restructuring will help it turn a profit in its loss-making consumer electronics division for the first time in four years.
TOKYO— Sony Corp. reported a surprise eightfold jump in quarterly profit Thursday as sales got a perk from a cheap yen and its bottom line was helped by gains from selling buildings and its stake in a video-game maker. Sony's April-June profit soared to 26.8 billion yen from 3.1 billion yen a year earlier.
*Nintendo dives after dismal earnings. TOKYO, July 31- Japan's Nikkei share average rose to a fresh six-month high on Thursday after solid U.S. growth buoyed sentiment and as the weakening yen lifted exporters, while Sumitomo Mitsui Financial Group's earnings boosted the banking sector.
TOKYO, July 30- Japan's Nikkei share average edged up to hover at six-month highs in choppy trade on Wednesday morning, as strong corporate earnings led by Honda Motor Co and Tokyo Electron Ltd eclipsed data showing weak industrial output.
With PlayStation network, Sony goes back to the future in search of revival. TOKYO- Japan's Sony Corp is hammering out plans to rise from the ashes of nearly $10 billion lost in six years by building a future around its last consumer electronics blockbuster- the PlayStation.
Japan will be the market to watch this week on the back of key data and as earnings season in the world's third-largest economy kicks into full gear.
*Index heavy Fanuc contributes 27 points, or more than a quarter of Nikkei gains. TOKYO, July 25- Japan's Nikkei share average rose on Friday after the S&P 500 set another record closing high and as index heavyweight Fanuc Corp jumped after reporting strong profits.
*U.S. players include Gogo, Honeywell, Golden Eagle. LONDON, July 22- The web-connected aircraft cabins of the future, powered by technology on show at last week's Farnborough Airshow, are offering a path to investor returns through suppliers like Cobham Plc and Thales SA.