FBR Downgrades American Equity (AEL) to Market Perform

June 26, 2008 1:38 PM EDT

Friedman Billings Ramsey downgrades American Equity Investment Life Holding Company (NYSE: AEL) to Market Perform.

American Equity Investment Life Holding Company, through its subsidiaries, engages in the development, marketing, issuance, and administration of annuities and life insurance in the United States and the District of Columbia.


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