Hilfiger shares plunge on news of probe
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NEW YORK -- Clothing designer Tommy Hilfiger Corp. saw its stock unravel as much as 26 percent in Monday trading after the company last week said a federal grand jury is investigating commissions it has paid since 1990.
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Leading shares closed weaker on Tuesday, with BAE Systems sharply lower after the US Department of Justice started a probe into its compliance with anti-corruption laws.
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Shares in the bank plummet on fears that it is exposed to risky conduits.
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NEW YORK (Dow Jones)--Tommy Hilfiger Corp. (TOM) said a federal grand jury is investigating whether its US subsidiary has been inappropriately shifting
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Insider stock sales at U.S. apparel companies jumped in September from a year ago, a sign that investors should shun clothing companies' stocks as their prices could drop further, a research firm said on Monday.
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SAN FRANCISCO (CBS.MW) -- Fannie Mae stock fell 3.1 percent in after-hours trading Tuesday after the mortgage giant disclosed that the Securities and Exchange Commission&#39;s investigation into the company&#39;s accounting had escalated into a formal probe.
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The retailer's same-store sales plummet.
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Hewlett-Packard Co.'s stock price dropped by nearly 5 percent Thursday as investors reacted to reports that Chief Executive Officer Mark Hurd knew more about the computer and printer maker's elaborate spying program than previously thought.
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The golf apparel maker reports deepening losses and plunging sales.
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Shares of Tommy Hilfiger Corp.  fell as much as 26 percent on Monday after a federal grand jury subpoenaed documents on commissions paid to a foreign subsidiary of the clothing maker.
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United Rentals' stock sinks sharply as the SEC investigates the company.
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NEW YORK (CBS.MW) -- Shares of Allied Capital Corp. slumped Monday after the company said it&#39;s received a request for information in connection with a federal criminal investigation.
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U.S. stocks were lower on Tuesday as  health insurers' shares fell on worry that a probe by New York  Attorney General Eliot Spitzer is widening and will hit the  entire industry.
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Shares in the German chip maker Infineon have plunged after the company unveiled disappointing quarterly results.
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Shares in the fashion retailer Inditex fall after its nine-month sales come in below expectations.
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Retailer's stock sinks after investors agree to sell their shares at a lower-than-expected price.
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Tommy Hilfiger Corp. said Wednesday it would delay the filing of its quarterly report while it reviews issues related to a US government investigation.