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Enter Symbol:
Rating: HNNMY
Outperform

Hennes & Mauritz AB (OTCBB: HNNMY) rated to Outperform by Credit Suisse

Friday,  Sep 27, 2013  8:25 AM ET by Betsy O'Brien Harrison

Credit Suisse rated
Hennes & Mauritz AB (OTCBB: HNNMY) to Outperform.

H & M Hennes & Mauritz AB engages in the sale of clothing and cosmetics in Sweden and internationally. The company?s stores offer basics, tailored classics, sportswear, and maternity clothes for women; basics, leisurewear, and seasonal fashions for men; denim and street fashions; and fashion wear for teenagers and children, as well as accessories, underwear, and shoes. It also provides makeup, skin care, and body care products; and home fashion products, which include interior textiles for the living room, bedroom, bathroom, and kitchen. As of June 22, 2011, the company had approximately 2,300 stores in 40 markets, including franchise markets. It also sells its products through Internet and catalogues in Sweden, Norway, Denmark, Finland, the Netherlands, Germany, Austria, and the United Kingdom. The company was founded in 1947 and is headquartered in Stockholm, Sweden.

Excellence in equity and fixed income research is a hallmark of Credit Suisse. Globally, our equity research analysts provide in-depth coverage of over 2,500 companies and engage in a knowledge-sharing, value added culture that has yielded the most insightful product for our customers and tremendous competitive results. Additionally, Credit Suisse's powerful macro-economic and debt strategy teams integrate the bank's comprehensive company research with keen market perspectives of the ever-shifting investment terrain.



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