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Tesla shares hit record high after China Unicom dealExternal Link

NEW YORK (MarketWatch) -- Shares of Tesla Motors shop up to an all-time high early Friday, as investors cheered news that the electric car maker reached an agreement with China Unicom to have charging stations at the carrier's stores in more than 100 cities in China. The deal with China Unicom includes building supercharger stations. The stock, up 1.9% in morning trade, reached a record intraday high of $270.60 a few minutes after the open. It has gained 79% year to date, compared with an 8.1% gain the S&P 500. The U.S.-listed shares of China Unicom, the second largest mobile carrier in China, rose 3.5% to a 2 1/2-year high. Separately, China is weighing a new tax on gasoline, to help fund efforts to make electric cars more palatable, according to a report in The Wall Street Journal.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


Fri, 29 Aug 2014 14:19:40 GMT
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Apple eyeing touch-to-pay in next iPhoneExternal Link

NEW YORK (MarketWatch) -- Apple is working with Dutch chipmaker NXP to add secure, short-range wireless technology into the next iPhone, according to the Financial Times. This would enable pay-by-touch capabilities, similar to Google Wallet, by allowing the smartphone to wirelessly communicate with other devices when tapped together. NXP would not comment on the reports, calling them rumors and speculation, and it wasn't immediately clear whether Apple users could expect NXP's technology to be incorporated into the newest iPhone, expected to be unveiled on Sept. 9. Apple did not immediately respond for comment. Its shares touched an all-time high of $102.90 on Friday, a day after it sent out invitations for its hotly-anticipated Sept. 9 event.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


Fri, 29 Aug 2014 14:17:57 GMT
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August consumer-sentiment index rises to 82.5External Link

WASHINGTON (MarketWatch) -- The final August reading on the University of Michigan/Thomson Reuters consumer-sentiment index rose to 82.5 from a final July level of 81.8, according to reports on data released Friday. Economists polled by MarketWatch had expected a final reading of 80.1 for August, compared with a preliminary result of 79.2.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


Fri, 29 Aug 2014 13:59:32 GMT
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U.K. says terror attack now is 'highly likely'External Link

LONDON (MarketWatch) -- The risk of a terror attack in the U.K. is now "substantial," meaning one is viewed as "highly likely," British authorities warned Friday. The country's Joint Terrorism Analysis Centre changed the international terror-threat level to "severe" from "substantial," the Home Office said in a statement. However, there are currently no signs that an incident is imminent, it said. "The increase in the threat level is related to developments in Syria and Iraq where terrorist groups are planning attacks against the West," Home Secretary Theresa May said in the statement. "Some of these plots are likely to involve foreign fighters who have traveled there from the U.K. and Europe to take part in those conflicts."

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


Fri, 29 Aug 2014 13:52:10 GMT
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Apple hits 52-week-high to lead tech gainsExternal Link

SAN FRANCISCO (MarketWatch) -- Tech stocks looked to close the week out on an upbeat note Friday, with Apple Inc. hitting a new 52-week-high. Apple shares rose to $102.90 a day after the company confirmed a Sept. 9 event that is expected to center around the next version of the iPhone. Other gains came from Rally Software Development Corp. , which rose more than 10% to $11.05 a share, and Splunk Inc. , which was up by more than 14% at $51.96 after the business-software companies both reported upbeat quarterly results late Thursday.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


Fri, 29 Aug 2014 13:51:59 GMT
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