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Rating: LRLCY

L'Oreal (OTCBB: LRLCY) downgraded to Underperform by RBC Capital Mkts

Tuesday,  Jan 12, 2016  8:25 AM ET by Lynn Gilbert

RBC Capital Mkts downgraded L'Oreal (OTCBB: LRLCY) to Underperform. Previously,
RBC Capital Mkts rated L'Oreal (OTCBB: LRLCY) to Sector Perform on 11/24/2014, when the stock price was valued at $33.69.

Loral Space & Communications is a satellite communications company. It owns and operates a fleet of telecommunications satellites used to broadcast video entertainment programming, distribute broadband data, and provide access to Internet services and other value-added communications services. Loral also is a world-class leader in the design and manufacture of satellites and satellite systems for commercial and government applications including direct-to-home television, broadband communications, wireless telephony, weather monitoring and air traffic management.

RBC Capital Markets is an international corporate and investment bank that provides innovative solutions and a focused set of products and services to institutions, corporations, governments and high net worth clients around the world. With nearly 3,700 professional and support staff, we operate out of 75 offices in 15 countries and deliver our products and services through operations in Asia and Australasia, the UK and Europe and in every major North American city.

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