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Fly News Breaks for December 23, 2016
SLF
Dec 23, 2016 | 07:55 EDT
As noted earlier, Argus downgraded Sun Life Financial to Hold from Buy. As reasons for the downgrade, analyst Jacob Kilstein cited valuation and what he sees as "weakness in the core Canadian business, lower margins, the negative impact of a strengthening Canadian dollar," and the company's suspension of share repurchases.
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