Business

Bright light in the sky seen from Kern County and beyond

The Navy said it does not typically announce missile tests, and information about tests of Trident II missiles is classified prior to launch. "The tests were part of a scheduled, ongoing system evaluation test", the emailed release stated.

Business

Could SeaWorld Entertainment Inc Crash Even More? The Stock Had Another Big

Locally, San Diego continues to be a weak point in the SeaWorld portfolio, despite Manby's insistence that the park is staging a turnaround as steep declines in attendance are moderating. Shares of SeaWorld Entertainment ( NASDAQ:SEAS ) traded down 6.25% during midday trading on Thursday, reaching $18.30. The company shares have rallied 8.90% from its 1 Year high price.

Business

Disney Adds ESPN, ABC, More Channels to PlayStation Vue

Subscribers in markets with ABC-owned affiliates will automatically get those live feeds, though those living in markets where ABC doesn't own its local affiliates will have to opt-in to allow their feeds to be streamed through Vue. Playstation Vue is now available in New York, Los Angeles, Chicago, Philadelphia, Dallas, San Francisco and Miami markets on either Playstation 4 or 3, or on Apple iPads and iPhones.

Business

Volkswagen Group Design Chief de Silva Has Quit

Volkswagen was not immediately reachable for comment on the report, which said Mr de Silva would leave at the end of November and also said a VW spokesman had confirmed it. However, whether or not de Silva, a close confidant of former VW Group CEO Martin Winterkorn, will actually be replaced full time is likely up for debate itself as VW looks to trim costs in the fallout of emissions scandal.

Business

Crude Oil Rockets Above $48 Despite Huge U.S. Inventories

According to EIA's petroleum report, the combination of significant US propane production has increased over the past seven years and slow domestic growth has reversed historical trade positions. Sales hit a new multi-year high of 18.24 million (annualized), up from last month's 18.17 million. OPEC member Iran planned to raise its crude output by 1 million barrels per day by the end of next March.

Business

Tesla Motors (TSLA) Posts Quarterly Earnings Results, Misses Expectations By

S&P Equity Research reiterated a "strong-buy" rating on shares of General Motors Company in a research note on Monday, July 13th. On these basis analysts at UBS rate Tesla stock as Sell , analysts at Pacific Crest recommend stock as Neutral, while Stifle analysts still propose it as a Buy .