Asian Stocks Advance on Lower Commodities; Honda Motor Rises
Aug. 11 (Bloomberg) — Asian stocks gained, led by banks and automakers, after the drop in commodity prices eased inflation concerns and boosted the outlook for profits.
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August 11, 2008
Citigroup Downgrades Capgemini To Hold
0702 GMT [Dow Jones]--Citigroup downgrades Capgemini (12533.FR) to hold from buy with EUR42 price target. Says with stock trading at 18x adjusted 2006 earnings, investors have priced-in the restructuring. Click here for more infoMonsanto executives set up stock-trading plans
Hugh Grant, president and chief executive of Monsanto Co., and six other company executives are filing pre-arranged stock-trading plans, the company said Monday.
McDonald's Stock Trading at 4-Year High
McDonald's Corp. shares rose Monday to their highest point in four years after receiving an upgrade from Wall Street one day ahead of what investors hope will be a strong February same-store sales report from the fast-food behemoth.
