Sterne Agee reduced its rating on Northwest Bancshares (NASDAQ: NWBI) from Buy to Neutral.
Sterne Agee noted, "We are downgrading Northwest Bancshares to Neutral as valuation appears fair at 119% of tangible book value and 17.5x our 2013 EPS...
Hong Kong Futures Exchange Limited (HKFE), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), has announced that with effect from the commencement of trading on Friday, 15 July 2011, the minimum margins to be...
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