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VINSON & ELKINS LAUNCHES AVIATION FINANCE PRACTICE


Vinson & Elkins announced today that it has expanded its global Finance practice group with the addition of partners David Berkery and Niels Jensen, who between them have advised many of the world’s leading financial institutions, investment banks, airlines, aircraft leasing companies and private investors on all aspects of the acquisition, leasing, financing and trading of aircraft.

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TESLA DROPS AS MUCH AS 13%, TURNS NEGATIVE FOR THE YEAR


Tesla’s recent slide accelerated on Tuesday, as investors rotated out of high-flying tech names. Shares of the electric vehicle maker dipped as much as 13% the stock’s worst day since Sept. before recovering some of those losses. At 10 a.m. on Wall Street shares were down 7.8%. Read More

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HOME DEPOT (HD) SHARPLY LOWER DESPITE STRONG QUARTER


Dow component The Home Depot, Inc. (HD) is trading lower by more than 2% in Tuesday’s pre-market despite beating fourth quarter 2020 top- and bottom-line estimates by wide margins. The company booked a profit of $2.65 per share, $0.28 better than expectations, while revenue surged 25.1% year over year to $32.26 billion, beating consensus by