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JPMorgan downgrades Delhaize (DEG), saying pricing pressures, remodeling costs for Food Lion,...

  • Monday, June 27, 2011, 9:03 AM ET
    JPMorgan downgrades Delhaize (DEG), saying pricing pressures, remodeling costs for Food Lion, and structural challenges stemming from a weak demographic are going to weigh down margins over the next 18 months. Shares -3.30% premarket.
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