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Credit Suisse Downgrades Mall Anchors, Says 'Yellow Caution Light Is Flashing Faster'
Thursday, June 4, 2015 - 11:37am | 390In a report published Thursday, Credit Suisse analyst Michael Exstein downgraded the Mall Anchors sector to Underweight from Market Weight. Exstein noted that excluding J C Penney Company Inc (NYSE: JCP), capital expenditure for the group will grow 23 percent year-over-year to reach 2007 levels...