Bank of America Downgrades Embraer (ERJ) to Underperform

November 2, 2009 10:02 AM EST

Bank of America downgrades Embraer (NYSE: ERJ) from Neutral to Underperform.

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Embraer - Empresa Brasileira de Aeronautica S.A., together with its subsidiaries, engages in the development, production, and sale of jet and turboprop aircraft for civil and defense aviation, and aircraft for agricultural use worldwide.


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