Stocks to Watch: Tyson Foods, Transatlantic Holdings and More...
Stocks fell at the open Monday following last week's downgrade of U.S.'s credit rating from triple-A for the first time in history by ratings agency Standard & Poor’s.
The Dow Jones Industrial Average fell sharply after logging its steepest weekly decline since Mar. 2009last week.
Here are six stocks that are on the move:
Tyson Foods
The food producer reported a smaller quarterly profit due to feed costs, also saying it expects to post a loss in this quarter.
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Texas Instruments
The calculator manufacturer was downgraded to market perform from outperform at FBR Capital.
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Transatlantic Holdings
The reinsurance company got a 3.2 billion dollar buyout offer from a unit of Berkshire Hathaway.
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Dollar Thrifty
The car rental company missed second quarter estimates by two cents.
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Wells Fargo
The financial services company was upgraded to buy from neutral at Sterne Agee.
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McDonald's
The fast food chain announced same store sales rise of five percent in July.
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