News Snapshot:
TSINGTAO BREWER/S (OTCMKTS:TSGTY) was downgraded by Zacks Investment Research from a “buy†rating to a “hold†rating in a research note issued to investors on Thursday, Zacks.com reports. According to Zacks, “Tsingtao Brewery Company Limited engages in the production and distribution of beer products in the People’s Republic of China. The Company sells its beer under the trademark of TSINGTAO BEER. The company also engages in prepackaged food accommodation and design, manufacture and distribution of tea beverages. It also offers malt, car rental services, warehousing, packaging, logistic services and travel services. In addition, it imports and exports beer and involves...
