Trader’s Recap : Tesla Motors Inc (NASDAQ:TSLA), U.S. Bancorp (NYSE:USB), Knowles Corporation (NYSE:KN), Mizuho Financial Group, Inc. (NYSE:MFG), Marine Products Corp. (NYSE:MPX)

Technology Stocks News 2

Tesla Motors Inc (NASDAQ:TSLA) has created electric cars that are rapidly dropping in price and will soon be available to the average American. Entrepreneurs, not government, created these incredible advances of technology. Tesla Motors Inc (NASDAQ:TSLA) belongs to Consumer Goods sector. Its net profit margin is -6.80% and weekly performance is 6.96%. On last trading day company shares ended up $259.57. Tesla Motors Inc (NASDAQ:TSLA) distance from 50-day simple moving average (SMA50) is 1.08%.

U.S. Bancorp (NYSE:USB) was downgraded by equities researchers at Raymond James from a “strong-buy” rating to a “market perform” rating in a research report issued on Tuesday. U.S. Bancorp (NYSE:USB) shares decreased -2.26% in last trading session and ended the day at $40.60. USB return on assets is 1.50%. U.S. Bancorp (NYSE:USB) quarterly performance is -5.87%.

The Knowles Corporation (NYSE:KN), an Itasca, Illinois, tech company specializing in acoustic electronics, has committed $100,000 to the University of Illinois at Chicago College of Engineering to support a scholarship program for female engineering students and a summer program for high school students interested in engineering. On 07 October, Knowles Corporation (NYSE:KN) shares decreased -4.04% and was closed at $24.46. KN EPS growth in last 5 year was 0.00%. Knowles Corporation (NYSE:KN) year to date (YTD) performance is -14.74%.

Mizuho Financial Group (NYSE:MFG) has partnered with PrimeRevenue, Inc. to provide supply chain finance solutions to major corporations and their suppliers to generate improved working capital. Mizuho is one of the ten largest global financial institutions in the world. Mizuho Financial Group, Inc. (NYSE:MFG) ended the last trading day at $3.58. Company weekly volatility is calculated as 0.96% and price to cash ratio as 0.07. Mizuho Financial Group, Inc. (NYSE:MFG) showed a weekly performance of 0.28%.

Zacks lowered shares of Marine Products Corp. (NYSE:MPX) from an outperform rating to a neutral rating in a research note issued to investors on Tuesday. Zacks
currently has $9.60 price objective on the stock. Marine Products Corp. (NYSE:MPX) shares decreased -2.97% in last trading session and ended the day at $7.52. MPX Gross Margin is 19.00% and its return on assets is 8.70%. Marine Products Corp. (NYSE:MPX) quarterly performance is -13.06%.

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