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Stocks to Watch: Devon Energy, Procter & Gamble and More...
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Stocks struggled to hold gains Wednesday, as euro zone debt fears and concerns over a possible U.S. credit downgrade overshadowed an encouraging report on private sector employment.
The Dow Jones Industrial Average bobbed in an out of positive territory, struggling to avoid a ninth-losing session. The Dow's last 9-day losing streak occurred in Feb. 1978.
Here are six stocks that are on the move:
Union Pacific
[UNP
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The railroad company was upgraded to outperform from market perform at BMO Capital.
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Texas Instruments
[TXN
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The semiconductor and calculator manufacturer was downgraded to neutral from buy at Sterne Agee.
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Devon Energy
[DVN
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The energy company's second quarter results beat estimates on record production.
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BHP Billiton
[BHP
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The mining company was downgraded to neutral from outperform at Credit Suisse.
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TRW Automotive
[TRW
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The auto parts supplier's second quarter profit was stronger that expected. The company also boosted its full-year sales outlook.
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Procter & Gamble
[PG
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The global consumer products maker was removed from the short-term buy list at Deutsche Bank.
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