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Fly News Breaks for March 1, 2017
BW
Mar 1, 2017 | 07:26 EDT
As noted earlier, KeyBanc downgraded Babcock & Wilcox to Sector Weight from Overweight. Analyst Tahira Afzal downgraded the stock due in part to problems with a project on which the company took a 60c charge. The analyst also cited cash reductions caused by operation issues in the company's renewable unit.
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