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Apollo Investment Corporation (AIB) [hlAlert]

Sell AIB
up 427.77 %

Allied Irish Banks, P.l.c. (AIB) rated Sell by Citigroup

Posted on: Thursday,  Feb 26, 2009  8:25 AM ET by Citigroup

Citigroup rated Sell Allied Irish Banks, P.l.c. (OTCBB: AIBYY) on 02/26/2009, when the stock price was $6.65. Since
then, Allied Irish Banks, P.l.c. has lost 81.05% as of 08/14/2014's recent price of $1.26.
If you would have followed this Citigroup's recommendation on AIBYY, you would have gained 427.77% of your investment in 1995 days.

Allied Irish Banks, p.l.c., together with its subsidiaries (collectively referred to as the AIB Group or the Group), conducts retail and commercial banking business in Ireland. It also provides corporate lending and capital markets activities from its head office at Bankcentre and from Dublin?s International Financial Services Centre. The Group also has overseas branches in the United States, Germany, France and Australia, among other locations. The business of AIB Group is conducted through four operating divisions: AIB Bank Republic of Ireland division, Capital Markets division, AIB Bank UK division, and Central & Eastern Europe division. In February 2008, the Group acquired the AmCredit mortgage business in the Baltic states of Latvia, Lithuania and Estonia. In September 2008, the Group also acquired a 49.99% shareholding in BACB.

Citi Investment Research is a highly respected research unit and is comprised of 390 research analysts across 22 countries. Citi Investment Research covers 3,100 companies, representing 90 percent of the market capitalization of the major global indices, and provides macro and quantitative analysis of global markets and sector trends. Combined with Citi's exceptional sales and trading capabilities and Smith Barney's financial consultants, the core focus of the group is to help investing clients make informed decisions by providing value-added, independent, insightful analysis.
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(*) Stock Price at the time of the recommendation.
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