Hot Alert : Tesla Motors Inc (NASDAQ:TSLA), JA Solar (NASDAQ:JASO), USA Truck (NASDAQ:USAK), The Pantry (NASDAQ:PTRY), Layne Christensen Company (NASDAQ:LAYN)

Earlier this year, Tesla Motors Inc. (NASDAQ:TSLA) announced it is planning to build what it called a “Gigafactory” to ramp up the speed and quantity of its lithium-ion battery production. Should the company’s estimates prove correct, the new production facility will essentially double the world’s lithium-ion battery production in the next three years. The project’s price tag? Between $4-billion and $5-billion – a dollar amount … Continue reading Hot Alert : Tesla Motors Inc (NASDAQ:TSLA), JA Solar (NASDAQ:JASO), USA Truck (NASDAQ:USAK), The Pantry (NASDAQ:PTRY), Layne Christensen Company (NASDAQ:LAYN)

Notable Movers: Layne Christensen Company (NASDAQ:LAYN), HSBC Holdings (NYSE:HSBC), Barclays (NYSE:BCS), Bank of America Corp (NYSE:BAC), Citigroup Inc (NYSE:C)

Layne Christensen Company (NASDAQ:LAYN) was down 12.75% after reporting a Q1 net loss of $27.7 million, or $1.41 per share, compared with a prior-year net loss of $23.8 million, or $1.22 per share. The prior-year results included a $0.02 gain from discontinued operations. Analysts polled by Capital IQ were looking for a loss of $0.35 per share. Total revenue slid 16% to $191.2 million, missing … Continue reading Notable Movers: Layne Christensen Company (NASDAQ:LAYN), HSBC Holdings (NYSE:HSBC), Barclays (NYSE:BCS), Bank of America Corp (NYSE:BAC), Citigroup Inc (NYSE:C)