A JPMorgan analyst downgraded several oil services companies Wednesday due to expected spending cuts for capital projects this year.
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JPMorgan downgrades oil services companies
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Analyst downgrades Peabody
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Jefferies downgrades Qlik Technologies (Qlik) to Hold
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Wells Fargo cuts estimates on Occidental Petroleum (OXY)
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American Electric Power (AEP) downgraded by Citigroup
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JP Morgan Chase launches major round of layoffs
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JPMorgan Chase to cut 9,200 Washington Mutual jobs nationwide
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Hedge funds cut bullish oil bets
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Goldman Sachs downgrades Dollar Tree
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Citigroup downgrades Integrys Energy to Sell;
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Analyst downgrades Citrix Systems
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Wells Fargo downgrades CACI International (CACI) to Underperform on ``Sequestration'' impact
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Spending cuts weigh down economic growth
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Hypermarcas declines most in two weeks as JPMorgan cuts rating
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Bank of Japan slashes economic forecast
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Morgan Stanley cuts 200 from brokerage department
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Treasurys turn lower