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Stock Market & Financial Investment News

News Breaks
January 17, 2014
07:27 EDTTGTNeiman breach longer than Target's but data less significant, NYT says
The security breach of the computer network at retailer Neiman Marcus began as far back as July and was not fully contained until Sunday, reported The New York Times, citing people briefed on the investigation of the hacking. Neiman's breach appears to have gone on significantly longer than the attack on Target (TGT), though the data stolen at Target appears to be more significant and usable by fraudsters, according to the report. Reference Link
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July 18, 2014
18:12 EDTTGTVisa, MasterCard denied bid to dismiss opt-out swipe fee suits, Bloomberg says
Merchants that opted out of the swipe-fee settlement brought their own suits, which Visa (V) and MasterCard (MA) were not approved to dismiss, Bloomberg reports. Merchants such as Target (TGT) and Macy’s (M) pursued their cases after dropping out of an earlier settlement over swipe fees, Bloomberg added. Reference Link
July 13, 2014
15:54 EDTTGTGameStop, TJX, Staples, three other retailers look cheap, Barron's says
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