Among the stock activity stories for Tuesday, May 14, from AP Business News:. _ Shares of SolarCity Corp., which leases and installs solar energy systems for homes and businesses, fell after it posted a bigger-than-expected first-quarter loss.
NEW YORK-- Monster Beverage shares are gaining some traction less than a week after the energy drink maker reported disappointing first-quarter results and a slowdown in sales.
*First-quarter profit $0.37/ share vs $0.41 year ago. May 8- Energy drinks maker Monster Beverage Corp's sales missed analysts' estimates as the industry took a hit from concerns over the health risks of such drinks, sending its shares down 16 percent after the bell. FDA is investigating reports of five deaths that may be associated with Monster's energy drink.
*First-quarter profit $0.37/ share vs $0.41 year ago. May 8- Monster Beverage Corp reported a 17 percent fall in quarterly profit due to higher operating expenses and costs related to distributor terminations and foreign currency transactions.
May 8- Energy drink maker Monster Beverage Corp reported a 17 percent fall in quarterly profit as it was hurt by costs related to distributor terminations and foreign currency transactions. The company, formerly known as Hansen Natural, earned $63.5 million, or 37 cents per share, in the first-quarter, down from $76.1 million, or 41 cents per share, a year earlier.
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April 30- Monster Beverage Corp has sued San Francisco's city attorney over an investigation the city launched last year into the safety and marketing of Monster energy drinks.
*Alcoa earnings beat expectations, but revenue falls. *Consumer staples lead the day's advance, Monster Beverage jumps. NEW YORK, April 8- U.S. stocks ended a volatile session higher on Monday as investors looked ahead to an earnings season expected to show modest growth despite concerns about the economy's health.
*Alcoa rises after market close as earnings beat expectations. *Consumer staples lead the day's advance, Monster Beverage jumps. NEW YORK, April 8- U.S. stocks ended a volatile session higher on Monday as investors looked ahead to an earnings season expected to show modest growth despite concerns about macroeconomic conditions.
*Alcoa to report after market closes, could set initial tone. *Earnings expected to grow, but may struggle to top forecasts. NEW YORK, April 8- U.S. stocks rose slightly in a volatile session on Monday as investors were reluctant to make large bets going into an earnings season that is expected to be lackluster.