- CIT Group Inc (DEL) stock price today and history
CIT Group Inc (DEL) (CIT) stock prices updated...
Please, Signup (Login) to subscribe or trade (demo)
CIT Group Inc (DEL) stock price, CIT
CIT Group Inc (DEL) stock chart:
No results found.
Showing 1-10 of 532 items.
|Date of Forecast||Stock Price||Target Price||Forecast Reached Date|
CIT Group Inc (DEL) latest news:
NTSB to say Tesla's Autopilot partly to blame in fatal crash: Report
Federal investigators are poised to recommend that Tesla Inc.'s Autopilot, the car maker's suite of advanced driver-assistance systems, be declared a contributing factor in a fatal crash in May 2016, according to a Bloomberg report that cited a person briefed on the findings. The system allowed the driver of a Model S that drove itself into the side of a truck to go for long periods without steering or looking at the road, the report said. According to Bloomberg, the National Transportation Safety Board is meeting on Tuesday to issue final findings on the crash, and its conclusions could be revised. Tesla in June was found not at fault in the accident. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Tesla's newly issued bonds are trading at par
Tesla Inc.'s newly issued bonds were trading at par Monday, according to MarketAxess, unchanged from their issue price late Friday. The company sold $1.8 billion of eight-year notes in its first sale of pure debt. Tesla has issued convertible bonds, which convert into equity and are supported by the company's stock price. Tesla's shares have soared 70.2% in 2017 amid excitement about its new Model 3 sedan, a $35,000 electric vehicle aimed at the mass market. The S&P 500 has gained 10.2% in the year so far. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Tesla says deliveries hit by 'severe' battery production shortfall
Tesla Inc. said on Monday that vehicle deliveries in the second quarter came to 22,000, up 53% from the year-earlier period. The Palo Alto, Calif., car maker cited a "severe" production shortfall of 100 kWh battery packs, which are made using new technologies on new production lines. "The technology challenge grows exponentially with energy density," the company said in a statement. "Until early June, production averaged about 40% below demand." Once the issue was resolved, June orders and deliveries were strong, "ranking as one of the best in Tesla history," said the statement. For the first half, deliveries came to about 47,100 cars, compared with its most recent guidance of 47,000 to 50,000. Tesla said assuming global economic conditions don't deteriorate, it is confident that deliveries of Model S and Model X in the second half will exceed the first-half number. Production totaled 25,708 vehicles in the second quarter, bringing first-half production to 51,126. Shares closed regular trading down 2.5% and were extending that loss in after-hours trade. The shares have gained 65% in 2017, while the S&P 500 has advanced 8.8%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.