Schaeffer's Trading Floor Blog

Buzz Stocks: Tesla Motors Inc (TSLA),, Inc., Ford Motor Company, and King Digital Entertainment PLC

Today's stocks to watch in the news include TSLA, AMZN, F, and KING

by 3/31/2014 9:07 AM
Stocks quoted in this article:

Futures are pointed higher in pre-market trading, ahead of a mid-morning speech from Fed Chair Janet Yellen. In company news, here are some stocks to watch today:

  • Tesla Motors Inc (NASDAQ:TSLA) reached an agreement with the New York Automobile Dealers Association that will allow the automaker to continue operating its five company-owned stores in the New York metro area. In exchange, TSLA agreed that future stores will follow the dealership model. (CNNMoney)

  • Hundreds of workers at an, Inc. (NASDAQ:AMZN) distribution center in Leipzig, Germany, have gone on strike. The employees, who are members of the Verdi labor union, are asking for pay that corresponds with the mail order and retail industries, rather than the logistics industry. (Reuters Canada)

  • Ford Motor Company (NYSE:F) CEO Alan Mulally received a 10.7% raise to $23.2 million last year. The pay hike was due to personal and company performance, as F surpassed benchmarks in key areas such as pre-tax profit and automotive cash flow. (Reuters)

  • King Digital Entertainment PLC (NYSE:KING), which has struggled since going public last week, is going on a hiring spree. The "Candy Crush Saga" parent recently posted more than 160 job openings (roughly 25% of its existing workforce) due to its "supersonic" global growth, with most of the positions focused on development, engineering, and design. (The Wall Street Journal)

  • Finally, Google Inc (NASDAQ:GOOG) recently removed Agloe, N.Y., from its maps. There's a good reason, too -- the town never existed, but was likely the creation of a cartographer trying to prevent copyright infringement. (The New York Times, via CNBC)

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