Keefe, Bruyette & Woods
http://www.kbw.comKeefe, Bruyette & Woods is the largest full-service investment bank that specializes exclusively in the financial services sector.
Founded in 1962, the firm is recognized as a leading authority on financial services companies. KBW's focus includes banking companies, insurance companies, broker/dealers, mortgage banks, asset management companies, and specialty finance firms. Keefe, Bruyette & Woods has established industry-leading positions in the areas of research, corporate finance, mergers and acquisitions, and sales and trading for financial services companies.
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Annaly Capital Management (NLY) PT Lowered to $11.50 at Keefe, Bruyette & Woods
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Notable Analyst Rating Changes 8/12: (ICON) (CSC) (NLY) Upgraded; (UN) (MTH) (LGCY) Downgraded
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Keefe, Bruyette & Woods Downgrades Annaly Capital Management (NLY) to Market Perform
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Notable Analyst Rating Changes 11/10: ADBE, ANN, FRPT, RAX Upgraded; ALU, CPST, PIKE, TRW Downgraded
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Crexus Investment (CXS) IPO Opens, Trades Lower
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Keefe, Bruyette & Woods Downgrades REITs - Hatteras (HTS), Capstead (CMO) & American Capital Agency (AGNC)
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Notable Analyst Rating Changes 7/7: INTC, KEY, KSS, MCO, MRVL Upgraded; HNSN, BJ, AMSG Downgraded
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Notable Analyst Rating Changes 3/6: ORCL, CSIQ, FLR Upgraded; SKS, AEO, ANH, MFA Downgraded
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Keefe Bruyette Sees Lower Book Values on MBS REIT's (NLY, MFA, CMO, ANH)