Russell 1000 News
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Royal Caribbean Ltd.’s largest investor is challenging Chairman and Chief Executive Officer Richard Fain by supporting a plan that could lead to a board shakeup at the second-largest cruise operator.
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Royal Caribbean Ltd.’s largest investor is challenging Chairman and Chief Executive Officer Richard Fain by supporting a plan that could lead to a board shakeup at the second-largest cruise operator.
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Elon Musk, Tesla Motors Inc.’s chief executive officer and co-founder, said in a Twitter post the electric-car maker will “probably” repay its Energy Department loan as early as tomorrow.
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The most-indebted U.S. companies are rallying more than any time in almost four years compared with the rest of the stock market amid the broadest rally since at least 1995.
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Herbalife Ltd. rose the most in more than four months, signaling that Carl Icahn’s prediction that rival hedge-fund manager Bill Ackman would become the victim of the “mother of all short squeezes” may be coming true.
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The New York Stock Exchange broke trades in Anadarko Petroleum Corp. after the shares briefly plunged 99 percent in the final minute of today’s session.
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Tesla Motors Inc., the electric-car maker run by Elon Musk, surged as much as 12 percent on investor confidence in Musk’s plan to boost his stake in the company that’s selling as much as $830 million in shares and debt.
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Bears blindsided by Tesla Motors Inc. have been forced to buy $276 million worth of the automaker’s shares, pushing the company toward the biggest rally in the Russell 1000 Index this year.
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Tesla Motors Inc.’s first quarterly profit, led by a surge in deliveries of the electric-car maker’s Model S, got an added bump from sales of California and U.S. environmental credits that generated 15 percent of revenue.
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Tesla Motors Inc., the maker of electric cars run by billionaire Elon Musk, rose 11 percent after an analyst said that investors who’d expected the stock to decline had to buy it.
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