Company news for January 16, 2014 - Corporate Summary

By Zacks Equity Research,

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•    Fastenal Company (NASDAQ: FAST ) shares dropped 4.5% after it reported adjusted earnings of $0.33 per share in the fourth quarter of 2013, flat year over year and missing the Zacks Consensus Estimate of $0.34

•    SolarCity Corporation's (NASDAQ: SCTY ) shares were up 4.5% after announcing plans to allow investors and individuals to invest in rooftop solar systems

•    General Motors Company's (NYSE: GM ) shares were up 1.6% after forecasting "modest" North American market share gains in 2014. It also anticipates a $1.1 billion restructuring cost in 2014

•    Chelsea Therapeutics International Ltd.'s (NASDAQ: CHTP ) shares jumped a significant 91.7% after an advisory panel to the FDA inferred that one of its drugs for a rare form of low blood pressure is effective and may be approved

CHELSEA THERAP (CHTP): Free Stock Analysis Report

FASTENAL (FAST): Free Stock Analysis Report

GENERAL MOTORS (GM): Free Stock Analysis Report

SOLARCITY CORP (SCTY): Free Stock Analysis Report

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Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Business , Investing Ideas , Stocks
Referenced Stocks: CHTP , FAST , GM , SCTY

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