Tesla Motors is partnering with Panasonic Corp. to begin manufacturing solar panels in Buffalo, NY at a plant meant for SolarCity Corp. Considering Tesla has yet to take over SolarCity, is Elon Musk getting ahead of himself? Is Tesla biting off more than the company can chew?
Read The Capitalist’s Take Here
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VISA’S CEO STEPS DOWN AFTER FOUR YEARS; CITES “SICK OF SAN FRANCISCO TRAVEL”
Visa CEO Charlie Scharf is stepping down after a successful four-year stint in charge of the payments giant. Alfred F. Kelly, the former president of American Express and the current CEO of Manhattan based Intersection Co., will assume Scharf’s role as CEO, Visa said on Monday evening..
Read More From Forbes Here
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NETFLIX EASES CONCERNS OVER USER GROWTH WITH STELLAR Q3 EARNINGS
Netflix’s stock surged 20% after hours on Monday as original hit shows like “Stranger Things” and “Narcos” helped the streaming video company crush Wall Street expectations..
From Business Insider Here
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Closing Bell
-Monday, October 17th
Stocks Finish Slightly Down Following Crude and Gold
Big Insider Trades
– BioMarin Pharmaceutical, Inc. (BMRN) CEO Jean Jacques Bienaime Sells $5.5m
– GTx, Inc. (GTXI) Stake Owner Buys $6.25m
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