February 13, 2018

General Motors Company (NYSE:GM) to shut South Korean plant

General Motors Company (NYSE:GM) said it will close one of its four plants in South Korea and incur an $850 million (£613.9 million) impairment charge as part of a restructuring of its money-losing business in Asia’s fourth-biggest economy.The U.S. automaker said it would decide the future of its remaining South Korean operations within weeks, amid ongoing talks with the government and labor unions on how to cut costs and make the business profitable.

“Time is short and everyone must move with urgency,” GM President Dan Ammann told Reuters.The move is the latest in a series of steps the U.S. automaker has taken to put profitability and innovation ahead of sales and volume. Since 2015 GM has exited unprofitable markets including Europe, Australia, South Africa and Russia.

General Motors Company (NYSE:GM)‘s stock on Monday traded at beginning with a price of $ 41.95 and when day-trade ended the stock finally popped up 1.30% to reach at $42.00. Analyst’s mean target price for GM is $47.87 while analysts mean recommendation is 2.50. Stock value has moved between $31.82 – 46.67 in last one year.

Analyst’s ratings determines the future of any company. Stock has got OUTPERFORM rating from 5 analyst(s) whereas last month 5 analyst(s) have given outperform rating. SELL rating has been given by 1 analyst(s) and 6 analyst(s) given BUY rating to the stock. Company fiscal year is ending in December and analysts’ consensus recommendation is Outperform for GM and estimated EPS for next quarter is -0.03.

General Motors Company (NYSE:GM) yearly performance is 19.42% and net profit margin is -2.70%. Annual EPS Growth of past 5 years is -40.00%. The current share price indicates that stock is -10.18% away from its one year high and is moving 31.58% ahead of its 52-week low.

On 12 February 2018, Sarepta Therapeutics, Inc. (NASDAQ:SRPT) stock price started the day at $ 56.06 and moved between $ 56.00 – 59.14 to finally close at $58.56. SRPT’s distance from 20 day simple moving average is -7.29% and distance from 50-Day simple moving average is 0.25%. In last 4 months performance of SRPT was 12.25% while its price to sale ratio is 38.21 and price to book ratio is 5.17.

Analysts expect Sarepta Therapeutics, Inc. (NASDAQ:SRPT) to report -2.04 EPS and has got OUTPERFORM rating from 12 of Thomson Reuters analysts and 0 analyst(s) given UNDERPERFORM rating. Analyst’s mean target price for SRPT is $72.00 while analysts mean recommendation is 1.70.

Discovery Communications, Inc. (NASDAQ:DISCA)‘s stock on Monday traded at beginning with a price of $ 22.69 and when day-trade ended the stock finally edged up 2.12% to reach at $23.09. Analyst’s mean target price for DISCA is $24.57 while analysts mean recommendation is 2.80. Stock value has moved between $16.03 – 30.38 in last one year.

Stock has got OUTPERFORM rating from 4 analyst(s) whereas last month 3 analyst(s) have given outperform rating. SELL rating has been given by 0 analyst(s) and 2 analyst(s) given BUY rating to the stock. Company fiscal year is ending in December and analysts’ consensus recommendation is Hold for DISCA and estimated EPS for next quarter is 1.27.

Discovery Communications, Inc. (NASDAQ:DISCA) yearly performance is -18.93% and net profit margin is 11.10%. Annual EPS Growth of past 5 years is -14.40%. The current share price indicates that stock is -23.67% away from its one year high and is moving 44.40% ahead of its 52-week low.

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