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Company News For Oct 2, 2018

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  • Tesla Inc.’s (TSLA - Free Report) shares jumped 17.4% after its Chairman and CEO Elon Musk settled a lawsuit with the SEC. Per the agreement, Musk will relinquish the post of Chairman for at least three years. Both Musk and Tesla will pay $20 million each to settle charges
  • Shares of Facebook Inc. decreased 1.2% following news that the company may face a fine of $1.63 billion from European Union privacy regulator for a data breach
  • WillScot Corp.’s (WSC - Free Report) shares surged 4.6% after the company updated its fiscal 2018 revenue guidance to $740--$770 million from previous guidance of $560--$600 million
  • Shares of Honeywell International Inc. (HON - Free Report) increased 1.2% following its agreement of a $492.8 million takeover of German warehouse automation firm Transnorm

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