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Analyst Predicts Bumps Ahead

Traders Magazine, August 2006

Peter Chapman

Top managers of institutional equities operations, faced with a profit squeeze, are in a race to change. That's the conclusion of Brad Hintz, Sanford C. Bernstein & Co.'s top-rated brokerage industry analyst. Hintz, in his annual report on the state of the institutional equities business, says the underlying business is sick.

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