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  1. Home
  2. / Video

Tesla Reports First Net Profit in 3 Years, Says No Need for Capital

Tesla reported a surprise profit, its first net profit in three years.
By JANE KING Oct 27, 2016 | 07:12 AM EDT
Stocks quotes in this article: TSLA, BWLD, AAPL

Tesla (TSLA) reported a surprise profit, its first net profit in three years. CEO Elon Musk says the company has implemented a leaner spending plan, and that has eliminated the need for an additional capital raise to produce the Model 3. Buffalo Wild Wings (BWLD) says that its same-store sales slipped slightly but earnings came in just above expectations. Still, company executives say they are seeing strong business on NFL game days. Buffalo Wild Wings will launch a new menu next week and will launch a burger option soon. If you've been waiting to buy a new Macbook computer, today may be the day. It's widely expected that Apple (AAPL) will unveil new Macs today. The Macbook Pro is long overdue; it hasn't been updated since 2012. According to Bloomberg, the 13 inch and 15 inch Macbooks will be thinner and lighter, with an LED touchscreen display on the keyboard.

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TAGS: Investing | Video | Europe | Stocks | Automobile Components | Consumer Staples | Earnings | Economy | Technology | Opinion | Regulation | Entertainment | Markets | Before the Bell |

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CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.

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Breaking down an approach to the long side of this biotech stock.

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