Finance Forex

AutoNation Stock Drops, and Outgoing CEO Mike Jackson Takes Parting Shot at Tesla

AutoNation (AN) is one of America’s largest new- and used-car dealers. Its fourth-quarter earnings, reported before the market opened Friday, missed Wall Street estimates, and the stock is now down 2.2% in morning trading. What management said about the state of the auto market is alarming. And tariffs aren’t helping either. The Back Story: Automotive […]

Finance Forex

Tesla Exodus Continues as Company Replaces General Counsel After Two Months

Tesla Inc. (TSLA) shares were down 0.7% in trading Wednesday after the electric carmaker announced it was replacing its general counsel Dane Butswinkas just two months after he joined the company. Butswinkas will be replaced by company vice president of legal, Jonathan Chang, who has been with Tesla for nearly eight years.  The departure of Butswinkas is yet […]

Finance Forex

Tesla, CVS, Google and the Federal Reserve – 5 Things You Must Know

Here are five things you must know for Wednesday, Feb. 20: 1. — Stock Futures Point to a Weaker Start for Wall Street U.S. stock futures pointed to a weaker start for Wall Street on Wednesday, Feb. 20, while global stocks traded cautiously higher amid increasing signs of tangible progress in U.S.-China trade talks and a suggestion from Donald Trump […]