Janney downgrades Axis on muted share repurchases
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Janney downgrades Axis on muted share repurchases

Matthew Neill
26 May 2016
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Investment advisory firm Janney has downgraded its rating on Bermudian carrier Axis from buy to neutral, after a projected mass share repurchase in the wake of its unsuccessful bid to acquire PartnerRe failed to materialise.

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Matthew Neill
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