METS

Bank thesis has CIMIC sliding

Negative view on leading contractor's earnings and underlying value sends investors scrambling

Brakes on ... negative CIMIC report from investment bank Morgan Stanley caused investors to dump the stock

Brakes on ... negative CIMIC report from investment bank Morgan Stanley caused investors to dump the stock

The company plunged 16%, with market commentary laying most of the damage at the feet of Morgan Stanley and its latest negative review of CIMIC (formerly Leighton Holdings). The investment bank attacked...

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