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Stock Market & Financial Investment News

News Breaks
February 5, 2013
05:52 EDTKSSKohl's downgraded to Neutral from Buy at Citigroup
Citigroup downgraded Kohl's citing the company's more challenging than expected turnaround. The firm lowered its price target for shares to $50 from $57.
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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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