Merrill Lynch Sees Jones-Polo Divorce, Downgrades Shares of Both Companies

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Merrill Lynch lowered its ratings for Jones Apparel Group and Polo Ralph Lauren to “neutral” from “buy,” eyeing a nasty licensing...

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Merrill Lynch Sees Jones-Polo Divorce, Downgrades Shares of Both Companies

Merrill Lynch lowered its ratings for Jones Apparel Group and Polo Ralph Lauren to “neutral” from “buy,” eyeing a nasty licensing divorce.

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