Twitter Gets Cut, and Other #Stocks2Watch

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Published December 27, 2013

| FOXBusiness

Twitter Gets Cut, and Other #Stocks2Watch

Twitter Gets Cut, and Other #Stocks2Watch

Twitter shares took a hit Friday after Australia-based bank Macquarie Group sliced the social media heavyweight to 'underperform' from 'neutral.' 

Twitter [TWTR]

Twitter shares took a hit Friday after Australia-based bank Macquarie Group sliced the social media heavyweight to 'underperform' from 'neutral,' according to Reuters. 

Textron [TXT]

Shares of Textron got a boost after the maker of Cessna aircraft said it would buy Beechcraft for around $1.4 billion as it expands its aviation footprint. Wall Street's thumbs up to the tie-up is rare in that generally the shares of acquirers fall when they reveal buyouts. 

Jabil Circuit [JBL]

Jabil Circuit was one of the biggest pre-market gainers. The reason behind the advance wasn't immediately apparent, but shares have struggled since the maker of electronic components for a slew of devices have struggled since the firm released its earnings last week. 

General Motors [GM]

General Motors shares fell mildly on news the automaker is going to recall close to 1.5 million vehicles in China over safety concerns. 

Treasury Bonds

It may not be a stock -- but Wall Street is paying close attention to Treasury bond yields. The benchmark 10-year bond rose above 3.02% on the day -- the highest level since 2011 -- as the economy improves and traders brace for less bond buying from the Federal Reserve. 

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http://www.foxbusiness.com/investing/2013/12/27/twitter-gets-cut-and-other-stocks2watch/