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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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,023.42 | 1,069.30 | 2,112.44 | 35.03 |
Oil *
76.05
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UP
17.46
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UP
2.67
|
UP
7.12
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DOWN
0.30
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10 Yr
3.50%
SPDR Gold
107.43
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+0.17%
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+0.25%
|
+0.34%
|
-0.85%
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Data delayed 20 minutes |
