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UPDATE: HSBC Downgrades STMicroelectronics NV
Thursday, May 22, 2014 - 9:43am | 169Read More...In a note issued Thursday, HSBC reported a Downgrade on STMicroelectronics NV (NYSE: STM) to an Underweight rating. HSBC analyst Christian Roth said, "While we give management credit for delivering on its cost-cutting road map we remain somewhat skeptical on the required top-line development and...

