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Stock Market & Financial Investment News

News For GM;PEUGY From The Last 14 Days
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June 24, 2015
06:27 EDTGMGeneral Motors downgraded to Neutral from Buy at Goldman
Goldman downgraded General Motors (GM) to Neutral and lowered its price target to $40 from $47 due to a weakness in China and softening US profit momentum. The firm's recent dealer visits in China indicate increased promotional activity and net price deterioration to support Shanghai GM JV product sales. Goldman said this, combined with margin pressure, will likely lead to a reduction in China guidance. For North America, the firm said Q1 carryover product pressure has extended into Q2 and could be pressured further with full availability of Ford's (F) F-150 heading into 2H 2015.
June 23, 2015
17:44 EDTGMGoldman ups Ford to Buy, cuts GM to Neutral
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17:27 EDTGMGeneral Motors downgraded to Neutral from Buy at Goldman
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