Sterne Agee Downgrades Brown Shoe (BWS) to Hold

August 28, 2008 11:00 AM EDT

Sterne Agee downgrades Brown Shoe (NYSE: BWS) from Buy to Hold.

Brown Shoe Company, Inc., together with its subsidiaries, engages in the provision of various branded, licensed, and private-label casual, athletic, and dress footwear products to women, children, and men in the United States, Canada, China, and internationally.


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