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

|By:, SA News Editor

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.