Thursday August 20, 01:15 PM
STOCKS NEWS US-Deutsche Bank downgrades Regions Financial
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0758 ET 20Aug2009-Deutsche Bank (Xetra: 514000 - news) downgrades Regions Financial (NYSE: RF - news)
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Deutsche Bank downgraded Regions Financial Corp to 'hold' from 'buy'
given recent stock price outperformance and said commercial real estate-related
losses will be much higher than the market expects for U.S. banks overall.
For details, see
Shares of Regions fell 1.8 percent to $5.41 in premarket trading.
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