General Motors (GM Quote) target cut at Credit Suisse to $2 from $5. Says outlook for existing equity is uncertain and balance sheet restructuring needs to be sorted out. Maintained Neutral rating.
STRATEGY CALLS / MARKET CALLS
Citigroup changes ratings on two chip-equipment stocks. Applied Materials (AMAT Quote) was upgraded from Hold to Buy. On the other hand, KLA-Tencor (KLAC Quote) was downgraded from Buy to Hold, as the stock is more defensive.- Loading Comments...
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Calculated Risk
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,058.64 | 1,070.52 | 2,150.87 | 36.33 |
Oil *
72.02
|
|
UP
150.25
|
UP
13.78
|
UP
24.82
|
UP
0.41
|
10 Yr
3.63%
SPDR Gold
105.45
|
|
+1.52%
|
+1.30%
|
+1.17%
|
+1.14%
|
Data delayed 20 minutes |
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