JPMorgan analyst Jeffrey J. Zekauskas downgraded shares of International Flavors & Fragrances in a note to investors last week. Citing slower sales in its fragrance segment during the fourth quarter of 2007, as well as rising food costs, IFF’s status was changed from “Underweight” to “Neutral.” First quarter results from IFF are scheduled to be reported May 1. Read more at CNN Money
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