- 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 Group Inc (DEL) latest news:
Nissan's Infiniti to start producing new SUV in China next year
Nissan Motor Co's(NSANF) premium brand Infiniti will start producing a new crossover SUV in China next year, using existing manufacturing capacity in the northeastern city of Dalian. The new sport-utility vehicle would be the third Infiniti vehicle model to be produced locally in China, the Hong Kong-headquartered brand's No.2 market after the United States.
Oracle's stock slumps after downgrade at UBS
Shares of Oracle Corp. shed 1.8% in morning trade Thursday, after the software company was downgraded at UBS, which cited concerns over valuation has the company pivots from its dominant position on premise to the highly competitive cloud market. Analyst Jennifer Swanson Lowe assumed coverage of Oracle with a neutral rating and a $55 stock price target, down from a previous rating of buy and a price target of $57. While "pushing hard into the cloud is the right move for Oracle's future," the stock's current premium valuation "leaves little room for error, and [Wall] Street estimates do not seem to fully reflect the near-term risk to margins or growth as the model shifts," Lowe wrote in a note to clients. The stock has rallied 29% year to date, while the SPDR Technology Select Sector ETF has climbed 31% and the S&P 500 has gained 15%.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 raises borrowing capacity under warehouse agreements to $1.1 billion
- Tesla Inc (TSLA) said on Friday it has increased its borrowing capacity, related to an agreement, to $1.1 billion as the electric car maker spends heavily to fix production bottlenecks of its new Model 3 sedan. The company has increased the borrowing capacity to $1.1 billion from $600 million, under certain warehouse agreements, the company said in a filing.
Tesla raises borrowing capacity under warehouse agreements to $1.1 bln
Oct 20 (Reuters) - Tesla Inc said on Friday it has
increased its borrowing capacity, related to an agreement, to
$1.1 billion as the electric car maker spends heavily to fix
production bottlenecks of its new Model 3 sedan.
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.