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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Sep 28, 2017
Page
9
A long term investor recounts buying Tesla after its IPO for under 35 and selling at 85 after Model S success. He notes price targets miss the point, insisting the buy rationale remains valid if the fundamentals still apply and the current price is justified. The Motley Fool holds Tesla shares and recommends the stock.
Ford Motor Company will partner with Lyfton to develop and deploy autonomous vehicles. The collaboration includes shared data to design affordable driverless systems. A second item notes a Southwest Airlines flight passenger in Baltimore who was removed by police after refusing to disembark due to allergic concerns about a onboard pet. airline apologies were issued and the passenger was to be contacted directly.
Amazon unveiled a smaller Echo in Seattle priced at 99 dollars, a reduction from 180 dollars. The device features a dedicated woofer and tweeter and promises improved sound quality at a lower price point.
CBOE Volatility Index measures expected market volatility from S&P 500 option pricing. S&P 500 P/E ratio reflects trailing twelve month operating earnings. In depth markets coverage available at USA Today Money.
Walmart announces a relaunch of its Parent's Choice baby brand adding nearly 120 new items and about 100 updates, including a bedding line, premium diapers, eco friendly wipes, and organic baby food. The move aims to attract millennial families as Toys R Us faces bankruptcy threats and Walmart strengthens its position in toys and groceries.
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