15 Mins Ago Deutsche Bank stands by NIO buy rating but slashes price target 31% Deutsche Bank stood by Shanghai-based electric vehicle manufacturer NIO Inc. in a report out Thursday, rating the $12 billion stock a buy ahead of quarterly results due Dec. 5. But the firm slashed its price target by 31% to $11 … Read more
Hong Kong’s Hang Seng index closed Friday trade in bear market territory, down 2.1% on the day and almost 21% from its January highs. The pan-European Stoxx 600 index followed suit, down 1% on the day and more than 3% for the week, while U.S. stock futures pointed to another lower open on Wall Street. … Read more
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s David Faber reports that activist investor Nelson Peltz is seeking a seat on Disney’s board of directors. With CNBC’s Melissa Lee and the Fast Money traders, Tim Seymour, Carter Worth, Steve Grasso and Courtney Garcia. 06:57 Wed, Jan 11 20236:13 PM … Read more