General Motors: No Russia, No Problem
December 18, 2014 at 11:58 AM EST
General Motors (GM) suspended car shipments to Russia today–but the market doesn’t think that’s necessarily a bad thing, as its shares have gained 1% today. S&P Capital IQ’s Efraim Levy explains why: Agence France-Presse/Getty Images General Motors’ suspension of wholesale sales to Russian dealers is not surprising to us in light of the sharply devalued [...]