Global stocks weighed by doubts on US tax reform, sterling falls
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- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
General Electric (GE) PT Lowered to $23 at BofA/Merrill Lynch on 50% Dividend Cut, Lowering of 2018 Outlook
November 14, 2017 6:28 AM ESTBofA/Merrill Lynch lowered its price target on General Electric (NYSE: GE) to $23.00 (from $27.00) while maintaining a Buy rating, following the company's analyst day.
Analyst Andrew Obin notes a cautious outlook on the shares, following the company's analyst day on Nov. 13th, that centered... More
