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BUZZ-G4S: HSBC cuts to reduce

** British security group G4S (Copenhagen: G4S.CO - news) shares down 2.3 pct, set for worst day in 3 mths

** HSBC downgrades to "reduce" from "hold"

** Brokerage says investment case now tilted towards the downside given lack of visibility on turnaround story

** Among top losers on FTSE 250 on Monday