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Stock Downgrades: Urban Outfitters Sent to Siberia
Money talked last week and Hewlett-Packard (HPQ) was all ears if Ross Perot will forgive the phrase. The tech titan advanced 5.9% to best all blue chips amid speculation it may sell the EDS unit purchased from the Texas tycoon in 2008.   Meanwhile time was money for Movado (MOV) which surged 9.32% on Friday to a fresh 52-week peak following an analyst upgrade. Unfortunately France’s Compagnie Financière Richemont (PINK:CFRUY) which makes fancy Cartier watches couldn’t keep up. It slumped by the most since September in yesterday’s European trading. If only Angela Merkel  celebrating Franco-German cooperation by the Brandenburg Gate this morning would buy one rather than making ...
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