Luxury electric-car maker Tesla Motors (TSLA) will pocket $642.5 million in a stock offering to accelerate production of its upcoming Model 3, the development of its Gigafactory battery plant, and the expansion of its car-charging network. Tesla raised its offering on Friday, up from the $500 million it previously planned to raise. Tesla will offer 2.7 million shares at $242 a share. Tesla stock was flat, near 242, in afternoon trading on the
Warner Bros. Interactive Entertainment, a unit of Time Warner (TWX), has become a powerhouse in the traditional video game business. In July, Warner Bros. had the top two best-selling video games at U.S. retail, besting such major publishers as Activision Blizzard (ATVI) and Electronic Arts (EA). Its family-friendly game “Lego Jurassic World” was No. 1, followed by gritty comic book saga “Batman: Arkham Knight.” Warner Bros. had three titles in the top 10 last month, with “Mortal Kombat X” coming in eighth place, retail tracker NPD Group reported late Thursday. Activision and Electronic Arts each had two games in the top 10 in July, NPD said.
AT&T (T) had the highest satisfaction rating among customers who completed an online sales transaction with a full-service wireless carrier, according to a J.D. Power poll. In a February survey by J.D. Power, AT&T ranked highest in wireless customer care performance. Following AT&T in online customer satisfaction was T-Mobile (TMUS), which is majority-owned by Deutsche Telekom (DTEGY). Among non-contract wireless carriers, Boost Mobile took the