STOCKWATCH: C & W down over downgrading by securities and profit warning

C & W was downgraded by securities after profit warning, which weighed the stock down in the early morning session. HSBC Securities downgraded rating on C & W from " buying" to " hold".At 8.01 am, C & W dropped 25 to 520 pence. The stock saw a down range of 20% after its profit warning yeaterday.

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