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Apollo Investment Corporation (AIB) [hlAlert]

down 93.85 %

Allied Irish Banks, P.l.c. (AIB) upgraded to Outperform by Keefe Bruyette

Posted on: Tuesday,  Apr 27, 2010  8:25 AM ET by Keefe Bruyette

Keefe Bruyette rated Outperform Allied Irish Banks, P.l.c. (OTCBB: AIBYY) on 04/27/2010, when the stock price was $20.50.
Since then, Allied Irish Banks, P.l.c. has lost 93.85% as of 08/14/2014's recent price of $1.26.
If you would have followed this Keefe Bruyette's recommendation on AIBYY, you would have lost 93.85% of your investment in 1570 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.

KBW produces industry-leading research on more financial services companies than any other brokerage firm. Our Research Group follows the majority of the financial services companies in the S&P 500 and Dow Jones STOXX 600 Index, as well as hundreds of other U.S. and European financial services companies on a daily basis.
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(*) Stock Price at the time of the recommendation.
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