Blame it on the robots. The sales-forecast downgrade that caused Tesla Motors Inc (NASDAQ:TSLA) stock to nosedive Thursday isn’t an indication that fewer drivers want to own the company’s sexy electric vehicles. It’s just that Tesla needs more time to teach its robotic factory workers new tasks associated with producing the Model X sport utility vehicle.There was a lot to digest in the Tesla Motors Inc. second-quarter earnings report this week, but one thing we learned was that the carmaker’s robots require a bit of training before they can do their jobs. The company reported mixed revenue and net income results but also lowered its 2015 sales forecast from 55,000 units to as little as 50,000. The news pushed the company’s stock price to a three-month low Thursday morning as some investors dumped company stock. Tesla Motors Inc (NASDAQ:TSLA) shares decreased -8.88% in last trading session and ended the day at $246.13. TSLA Gross Margin is 28.00% and its return on assets is -8.00%. Tesla Motors Inc (NASDAQ:TSLA) quarterly performance is 3.94%.
Ducommun(NYSE:DCO) announced the earnings results for Fiscal Year 2015 and Q2. The results came in during After-hours on Aug 5, 2015. Company reported revenue of $174.84M. The estimated revenue was of $180.77M. Earnings per share were $0.16. The reported EPS was above estimates by $0.03 or 23.08%. Analysts had estimated an EPS of $0.13. Ducommun Inc. (NYSE:DCO) shares moved up 6.18% in last trading session and ended the day at $26.12. DCO Gross Margin is 17.80% and its return on assets is 3.30%. Ducommun Inc. (NYSE:DCO) quarterly performance is -14.58%.
Innovative Solutions & Support Inc. (NASDAQ:ISSC) announced its financial results for the third quarter of fiscal 2015 ended June 30, 2015. For the third quarter of fiscal 2015, the Company reported revenues of $4.9 million, compared to revenues of $10.6 million for the third quarter of fiscal 2014. Cash provided by operating activities was $150,000 for the quarter, a significant turnaround from $813,000 used in operating activities in the third quarter of fiscal 2014. The Company reported a third quarter 2015 operating loss of $0.3 million, which included an increased investment in internal research and development and new product development, and a net loss of $3.5 million, or $0.21 per share, of which $3.3 million was attributable to a non-cash, valuation allowance of the Company’s deferred tax assets.On 06 August, Innovative Solutions & Support Inc. (NASDAQ:ISSC) shares moved up 1.32% and was closed at $3.07. ISSC EPS growth in last 5 year was -49.40%. Innovative Solutions & Support Inc. (NASDAQ:ISSC) year to date (YTD) performance is -3.46%.
YY Inc. (NASDAQ:YY) announced that the special committee of its board of directors (the “Special Committee”) has retained Citigroup Global Markets Inc. as its independent financial advisor and Fenwick & West LLP as its legal counsel. The Special Committee was formed in connection with the preliminary non-binding proposal dated July 9, 2015 from the consortium comprising Mr. Jun Lei, Chairman of the Company’s board of directors, and Mr. David Xueling Li, director and Chief Executive Officer of the Company (the “Proposal”). YY Inc. (NASDAQ:YY) ended the last trading day at $61.24. Company weekly volatility is calculated as 2.32% and price to cash ratio as 5.27. YY Inc. (NASDAQ:YY) showed a weekly performance of 2.77%.
July 22, 2015) Pacific Booker Minerals Inc. (NYSEMKT:PBM) is pleased to announce the appointment of Victor Eng to it’s Board of Directors. He will be replacing Mark Gulbrandson, who has resigned from the board. The Company would like to thank Mr. Gulbrandson for his contribution to the board and for his support of many years. Mr. Eng is a Registered Professional Forest Technician with over 28 years experience in contract implementation and is currently employed as a contract implementation consultant. He began his technician experience with the BC Forest Service in Hazelton, BC and later moved to Vernon to work for Riverside Forest Products Ltd. (now Tolko Industries). Pacific Booker Minerals Inc. (NYSEMKT:PBM) shares remains unchanged in last trading session and ended the day at $1.38. Pacific Booker Minerals Inc. (NYSEMKT:PBM) quarterly performance is -68.78%.