These are the stocks posting the largest moves in midday trading.
in what would be the world's largest initial public offering of the year. The IPO would give Budweiser Asia, which has a portfolio of more than 50 beer brands in the region, a market capitalization of up to $63.7 billion.— Shares of Comerica fell 2% after Goldman Sachs downgraded the stock to sell from neutral and slashed its price target to $70 per share from $86 per share. Goldman Sachs said they were worried about increased pressure on margins in a low rate environment.
— Shares of car auction company fell almost 3% after Guggenheim downgraded the stock to sell from neutral citing "cyclical headwinds" and more competition in the space.
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These five telco stocks may be worth investing in, says Morgan StanleyRevenues at telecommunications companies are set to revive again after years of decline, predicted Morgan Stanley in a Thursday report — that could spell good news for telco stocks.
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Stocks relieved at trade truce, bonds step backStocks rallied and bonds retreated in Asia on Monday as a thaw in the Sino-U.S. ...
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Stocks, Oil, Yuan Rally on Relief at Trade TruceStocks, oil and the Chinese yuan rose Monday, boosted by a temporary cease-fire on trade between Beijing and Washington. Traders and analysts called the moves a relief rally, and cautioned that frictions about commerce between the world’s two largest economies were likely to be long-lasting.
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European stocks seen sharply higher after US-China trade truceEuropean markets are expected to surge at Monday's open after U.S. President Donald Trump and Chinese President Xi Jinping agreed to hold off on additional tariffs in a bid to reignite trade talks.
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Stocks are surging after Trump strikes a truce in the US-China trade war'Trump and Xi gave investors what they wanted at the G20 meeting in Osaka this Saturday: hope.'
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