CLSA cut EPS estimates for Colgate-Palmolive due to high advertising spending, while HSBC maintained a Hold rating on the stock.

The entities involved

• CLSA →

  Capital markets and investment group

  • CLSA retained an 'outperform' rating on M&M, and UBS acquired a stake in an Indian company.06:22
  • Talks between the US and China are underway, where the current US trade status is the key factor in establishing a conditional truce to avert a trade war.Mon 16:50
• HSBC →

  British multinational bank

  • Gabriela Borges upgraded CoreWeave stock to Buy, while HSBC tore apart Goldman Sachs's bullish case.18:29
  • Chris Hunt, who previously worked for HSBC and CIMB, is noted for his recent work in Ho Chi Minh City, while FTSE Russell tracks Vietnam's market status.11:17

Related events

• CLSA issued an Underperform rating for Marico due to valuation concerns, while HSBC maintained a Buy rating.Oct 6
• CLSA maintained an 'Outperform' rating on IRB Infrastructure stock.Oct 12
• Financial analysts and firms monitor the impact of the Middle East conflict on inflation, raw material costs, and corporate margins.Jul 22