US based Nike Inc (NYSE:NKE), which has sponsored the iconic team since 2002, walked away from the bargaining table after German rival Adidas reportedly agreed to more than double Nike’s current contract. Nike Inc (NYSE:NKE) stock performance was -1.25% in last session and finished the day at $77.67. Traded volume was 4.03million shares in the…
U.S. electric car maker Tesla Motors Inc (NASDAQ:TSLA) is being sued in China for trademark infringement, a surprise development that casts a shadow over CEO Elon Musk’s ambition to expand rapidly in the world’s biggest auto market. Tesla Motors Inc (NASDAQ:TSLA) stock performance was -1.61% in last session and finished the day at $219.07. Traded…
Arena Pharmaceuticals, Inc.’s (NASDAQ:ARNA ) shares dropped 9.4% following news that its CEO Jack Lief, has sold around 40% of his stake in the company. Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) stock performance was -5.29% in last session and finished the day at $5.01. Traded volume was 7.44million shares in the last session and the average volume…
China Ming Yang Wind Power Group Ltd (NYSE:MY) on June 12 announced that it has entered into a heads of agreement with Marin Energi Testcenter AS (“MetCentre”) to erect a 6.0MW Super Compact Drive (“SCD”) wind turbine generator in the Karmoy wind turbine demonstration area off the coast of Karmoy Island in Norway. MetCentre is…
Irvine, California-based TRI Pointe Homes Inc. (NYSE:TPH) has acquired Weyerhaeuser Co.’s homebuilding division, which includes Bethesda-based Winchester Homes. The $2.8 billion deal is one of the largest homebuilding mergers ever and makes TRI Pointe (NYSE: TPH) one of the 10 largest public homebuilders in the country. Tri Pointe Homes Inc (NYSE:TPH) stock performance was 1.26%…
LightInTheBox Holding Co. Ltd-ADR (NYSE:LITB), which sells Chinese-made goods to customers overseas, sank 7.5 percent. It was the worst performer on the Bloomberg China-US Equity Index (HSCEI), which slid 1.3 percent to 107.13 in the steepest decline since April 25. Lightinthebox Holding Co Ltd-ADR (NYSE:LITB) stock performance was -6.42% in last session and finished the…
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