China is taking a one-two punch to the gut as the nation’s previously high-flying economy begins to weaken. First, the stock market there is suddenly collapsing after a major boom. Then just as things are looking bad, the auto industry posted its first sales drop in over two years.According to Bloomberg, citing figures from the China Passenger Car Association, vehicles […]
REUTERS/China Daily
Shares of $875 million biotech company Ocular Therapeutix were down as much as 30% in after hours trade on Monday after the company reported clinical trial results that disappointed. The company announced Monday that topline data for its lead drug candidate, a treatment for ocular inflammation following cataract surgery, met one of its two primary endpoints. The company said both endpoints needed […]
Industrials
General Motors Company (GM) Stock Trading At 10.5% Discount: Citi
Citi analysts believe General Motors Company stock should trade higher; boost price target to $50
GM
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By: Larry DarrellPublished: Mar 10, 2015 at 1:18 pm EST
In a report published Tuesday, Citi lifted its price target on General Motors Company (NYSE:GM) stock by $1 to $50, and reiterating a Buy rating. The sell-side research […]
