Tesla Satisfaction Soars, Yahoo Ups Debt Offering, and 3 More Hot Stocks
Tesla Motors (NASDAQ:TSLA): A Consumer Reports owners survey has put Tesla’s Model S sedan at the top of the list, boasting a 99 out of 100 satisfaction rating, which Consumer Reports notes is the highest score in years. The publication added that the leading cars are ”either fun to drive, deliver great fuel economy, are fashionably green, or envelop owners in a high-tech, luxurious driving environment”; the Model S “provides a combination of all those attributes.”
Yahoo Inc. (NASDAQ:YHOO): Yahoo has hiked its offering of convertible senior notes that are due December 2018 to $1.25 billion from $1 billion previously; the notes, which do not hold interest, have a conversion price of $53.43, or about 47 percent above Yahoo’s current trading price. On Tuesday, Yahoo loaded another $5 billion to its stock buyback program and speculation suggests that Yahoo will use the proceeds to buy up more Internet real estate.
Walt Disney Co. (NYSE:DIS): Disney property ESPN has completely overhauled its ScoreCenter mobile app and re-titled it SportsCenter. The company has released an update to the app that has garnered more than 50 million downloads, with its traffic sitting in the 47.4 million range in September, outpacing ESPN’s desktop website, which racked up 46.1 million views. “Users can customize the app and track scores of their favorite teams, no matter on which network the games might air,” GigaOM reports.
Sony Corp. (NYSE:SNE): Sony’s entertainment business will release just four movies next summer, down from the usual nine as the segment mounts efforts to curb costs after bringing in Bain & Co. to help strategize a savings program. For the year, Sony will publish just 18 films, down from the usual 20-plus; the firm is trying to plan around a busy tentpole season while cutting $100 million from its budget.
Southwest Airlines (NYSE:LUV): Southwest Airlines will be offering gate-to-gate Wi-Fi for its passengers from just $8 per day, just more than half of the $14 that’s charged by GoGo. On top of it, Southwest will be offering movies through its partnership with Dish Network for $5 per device; the daily charge covers Wi-Fi during stops and connections, with more than 400 of the airline’s roughly 600 jets to be equipped.