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Stock Downgrades: Yum Brands Banished From the Menu
MINYANVILLE ORIGINAL Several retail shares sank as Mother Nature mauled Father Christmas with Hurricane Sandy causing November same store sales to slump at many chains even as shoppers bought big ahead of the Yuletide. There is a lump of Kohl’s (KSS) in Santa’s stocking for anyone who foolish enough to invest in a stock that just imploded 11.98% while seasonal Miracles on 34th Street were nowhere to be found at Macy’s (M) which fell 4.31%. Industry rival Limited Brands (LTD) bucked the sector’s bad day however. The Victoria’s Secret lingerie owner advanced 1.56% thereby proving it pays to be both a lover and a ...
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