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Fly News Breaks for April 22, 2016
UAL
Apr 22, 2016 | 08:12 EDT
As noted earlier, Sterne Agee CRT downgraded United Continental to Neutral from Buy. The firm lowered its estimates for the company citing "revenue and cost challenges." The firm says that the company is facing several headwinds that are difficult to overcome, including its energy belt exposure, competitive and economic issues in China, and European weakness.
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