Stocks Clawing At Record Terrain, Genworth Financial CEO 'Sorry'

Stocks were clawing at record territory in midday trading Thursday after opening higher on upbeat economic data at home and dovish comments from the European Central Bank's Mario Draghi. Shares of Kate Spade (KATE) are jumping 18% despite reporting a loss for its third quarter. The handbag designer raised its full year outlook and said its net sales grew by 30% year-over-year. Genworth Financial (GNW) is tanking more than 36% after the CEO apologized for missing its earnings. Tesla (TSLA) is gaining in the session after surprising Wall Street by posting earnings and sales that were better than expected. The electric automaker did cut its delivery guidance for this year but is projecting sales of its Model S to grow 50% in 2015. Shares of Palo Alto Networks (PANW) are rising after discovering new malware threatening Apple (AAPL) platforms. So far it appears to only be infecting Apple products in China.