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Trey Thoelcke

Tesla Sees Rising Demand in China

ThinkstockTesla Motors Inc. (NASDAQ: TSLA) opened its first showroom to the public in Beijing in November and, according to ChinaDaily, hundreds of high-end Tesla electric cars have been ordered or preordered in China since.…

Trey Thoelcke · 13 years ago

More Bad News for GM in China: 1.5 Million Cars Recalled

General Motors will recall nearly 1.5 million vehicles in China due to potential safety issues. GM already faces growing competition from local carmakers, legislators desperate to reduce the sources of air pollution in major…

Trey Thoelcke · 13 years ago

Could Tesla Be Swallowed Up By a Big Three Automaker?

When 24/7 Wall St. listed its 10 brands that will disappear in 2014, Tesla Motors was not among them. However, veteran trader Yra Harris of Praxis Trading told CNBC this week that he predicts…

Trey Thoelcke · 13 years ago

Merrill Lynch’s Best Technology Ideas for 2014

In a new research report, the Merrill Lynch team points out that the sector is trading at the steepest discount to the market in its history. It seems that 2014 might be a banner…

Trey Thoelcke · 13 years ago

Teva Secures Rights to Launch Generic Viagra

ThinkstockPfizer Inc.’s (NYSE: PFE) patent protecting popular erectile dysfunction drug Viagra from generic competition may not expire until April 2020, but Teva Pharmaceutical Industries Ltd. (NYSE: TEVA) has acquired rights to launch its generic version…

Trey Thoelcke · 13 years ago

A Record Number of Americans to Hit the Road for the Holidays

ThinkstockThe U.S. economy is still sluggish and the consumer remains cautious. Yet between Saturday, December 21, and Wednesday, January 1, almost a third of Americans plan to hit the road, according to AAA. That…

Trey Thoelcke · 13 years ago

IBM to Fight Lawsuit Over NSA Spying

ThinkstockInternational Business Machines Corp. (NYSE: IBM) has said in a statement that it will vigorously fight the lawsuit filed in the U.S. District Court in Manhattan by shareholder Louisiana Sheriffs’ Pension and Relief Fund over its alleged…

Trey Thoelcke · 13 years ago

Why Layoffs Can’t Save Martha Stewart

ThinkstockLess than two months after scrap-metal executive Daniel Dienst was tapped to be the new chief executive officer at Martha Stewart Living Omnimedia Inc. (NYSE: MSO), the axe has come down for about 100…

Trey Thoelcke · 13 years ago