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In 2Q16, $TSLA expects to produce about 20,000 vehicles, representing a sequential increase of nearly 30%, and deliver as many of these cars in 2Q16, with the rest being delivered in 3Q16. Due to a large number of vehicles in transit to customers in Europe and Asia at the end of 1Q16, 2Q16 deliveries are expected to be approx. 17,000 vehicles.
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.
$CSCO shift from hardware to becoming a software behemoth seems to be working for the company so far. Stock has seen a steady rise since the change. But is it sustainable?
Heard about the next generation iPhone. Going by the reports, it is believed that $AAPL will release three iphones this year.
Samsung chief Jay Y. Lee arrested under $36 million bribery charges. Stocks are also down. This is going to impact the sale of its Galaxy 8, set for April release. Here’s an opportunity for $AAPL to capitalize on a rival’s fall.