Upbeat Stocks At Street: Tesla Motors, Inc. (NASDAQ:TSLA), Hasbro Inc. (NASDAQ:HAS), Costco Wholesale Corporation (NASDAQ:COST)


Shares of Tesla Motors, Inc. (NASDAQ:TSLA) moved up in afterhours trading session as its new Model X sport utility vehicle will double the firm’s sales volume, CEO Elon Musk said. Musk, speaking with reporters Tuesday at the annual Allen & Co. media conference in Sun Valley, Idaho, did not elaborate. The vehicle is scheduled for introduction current quarter. Tesla is counting on the new SUV to reach a goal of selling 55,000 of its all-electric vehicles this year. The company, which currently sells only the Model S sedan, delivered 21,552 cars in the first half of 2015, or about 40 percent of the company’s overall goal. Demand for the new vehicle ‘is there,’’ Dan Dolev, a Jefferies LLC analyst, said previous week. Tesla Motors, Inc. (NASDAQ:TSLA) begun last trade with a price of $259.08 and throughout the trading session climbed at a high of $262.95. The day-trade ended with 1.16% to $257.92.

Hasbro Inc. (NASDAQ:HAS) reported that it makes its anticipated return to Comic-Con International in San Diego with its iconic and worldwide renowned brands including TRANSFORMERS, MY LITTLE PONY, THE GATHERING, JEM AND THE HOLOGRAMS and G.I. JOE as well as licensed toy lines based on characters from the MARVEL and STAR WARS universes. Hasbro said it is celebrating these brands and characters at this year’s convention with an exciting lineup of panels, autograph sessions, special edition toys, giveaways and more. Hasbro Inc. (NASDAQ:HAS) stock price closed at $75.94 with the total traded volume of 1.59 Million shares. Its price to sales ratio ended at 2.19. Its market capitalization is 9.45 Billion. The stock owned by the Financial Institutions was 91.60% while by insiders was 0.70%.

Membership warehouses operator, Costco Wholesale Corporation (NASDAQ:COST) released that net sales for the month of June moved up 1% from a year before. On the other hand, similar store sales for the month dropped 1%, while it surged 6% after excluding the negative impacts from gasoline price deflation and foreign exchange. The Issaquah, Washington-based firm declared net sales of $11.01 billion for the five weeks ended July 5, 2015, up 1 percent from $10.88 billion in the same month last year. Total company comparable sales for the month of June declined 1 percent, with an 8 percent decrease in international comparable sales and a 3 percent increase in the U.S. Costco Wholesale Corporation (NASDAQ:COST) has the market capitalization of 61.29 Billion. Shares of firm plunged -0.32% to close at $139.45 with the total traded volume of 3.32 Million. The firm has current ratio of 1.10 for the most recent quarter.

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Jason Dinner