Sterne Agee Initiates Coverage on Ritchie Bros. (RBA) with a Buy

June 24, 2009 9:13 AM EDT

Sterne Agee initiates coverage on Ritchie Bros. (NYSE: RBA) with a Buy.

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Ritchie Bros. Auctioneers Incorporated (Ritchie Bros.) is an auctioneer of industrial equipment. As of December 31, 2008, the Company operated from over 110 locations, including 38 auction sites, in more than 25 countries worldwide.


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