Company News for July 8, 2013 - Corporate Summary

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•    Shares of Annaly Capital Management, Inc. (NYSE: NLY ) dropped 5.1% after the 10-year U.S. Treasury  yield moved above 2.7%  

•    Shares of Tesla Motors Inc. (NASDAQ: TSLA ) surged 4.21% to a record high after it received a large number of orders from Hong Kong for its newly introduced Model S sedan

•    Shares of Dell Inc. (NASDAQ: DELL ) dropped 2.1% following reports that Michael Dell and Silver Lake will not increase their buyout offer of $24.4 billion

•    Shares of both Bank of America Corp (NYSE: BAC ) and Citigroup Inc (NYSE: C ) gained 1.8%. A rise in interest rates is usually beneficial for large banks because it increases their net interest margins



BANK OF AMER CP (BAC): Free Stock Analysis Report

CITIGROUP INC (C): Free Stock Analysis Report

DELL INC (DELL): Free Stock Analysis Report

ANNALY CAP MGMT (NLY): Free Stock Analysis Report

TESLA MOTORS (TSLA): Free Stock Analysis Report

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



This article appears in: Investing , Business , Investing Ideas , Stocks

Referenced Stocks: BAC , C , DELL , NLY , TSLA

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