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Stock Market & Financial Investment News

News Breaks
January 4, 2013
08:59 EDTKSSKohl's price target lowered to $50 from $54 at RW Baird
Baird lowered its price target on Kohl's following disappointing Q4 guidance. The firm believes the company's dividend payments, the opportunity for easy comps in the first half of 2013, and share repurchases makes the risk/reward attractive. Shares are Outperform rated.
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April 11, 2014
07:09 EDTKSSLi & Fung collaborates with Citigroup on brand unit spinoff, Bloomberg says
Li & Fung (LFUGF)) is said to be collaborating with Citigroup (C) to spin off its brands division, which is valued at nearly $2B, according to Bloomberg, citing people with knowledge of the matter. The company's brand unit sells clothing and toys to retailers such as Wal-Mart (WMT) and Kohl's (KSS). Reference Link
April 9, 2014
16:34 EDTKSSAbercrombie & Fitch names Joanne Crevoiserat CFO
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