Report on TJX breach expected today
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Two Canadian privacy agencies are expected to release today the results of a joint investigation into the security breach at TJX Cos. in which hackers stole more than 45.7 million credit and debit card numbers.
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Investors are expected to dump technology shares today in the wake of a financial update last night from bellwether Intel Corp. that one analyst called &quot;a disaster.
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Stocks to watch on Monday: CITIGROUP INC. :
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The Securities and Exchange Commission is expected to announce tomorrow a settlement with Qwest that is highly critical of &quot;senior management,&quot; two sources familiar with the case said.
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Stocks to watch on Wednesday: ANTHEM :
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Stocks to watch on Wednesday: MICREL INC.:
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TJX Cos. now meets credit card security rules, a company spokeswoman said yesterday, putting the Framingham retailer among a growing number of companies catching up with a Sept. 30 deadline to tighten how they handle consumer information.
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Pressure mounted on TJX Cos. yesterday after an Alabama bank filed a class action lawsuit against the Framingham discounter for negligence and breach of contract as Massachusetts Congressman Ed Markey called on the Federal Trade Commission to investigate how the company lost control of potentially millions of customers' credit- and debit-card data.
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Now it only has to worry about disgruntled punters Retailer TJX has reached a settlement with all but one of the seven banks and bankers' associations that sued it after a security breach put millions of customers' credit data at risk of fraud.â¦
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Several banks looking to join forces in a class-action lawsuit say that the massive breach of retailer TJX's systems revealed data on some 94 million of its customers' payment cards.
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Stocks to watch on Wednesday: FOREST LABORATORIES INC.
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Plus: AT&#38;T posts $7.1 billion loss...Lucent sees first profitable year since 2000...EMC issues sunny report...IBM net income inches higher, despite legal bill.
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U.S. shares look set to open higher on Wednesday with technology shares in focus after better-than-expected results from Cisco  on Tuesday, while investors also eye U.S. labor cost data.
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Plus: EMC issues sunny report...IBM net income inches higher, despite legal bill...Nokia sees lower profit but strong sales.
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U.S. stocks to watch on Friday: TASER  INTERNATIONAL INC. TASR.O:
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A new reporting period for company  earnings kicks into gear next week, giving investors a bit of  hard data to chew on, and markets could be volatile if the  price of crude oil stays north of $50 a barrel.
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TechWeb - The software maker will provide a summary of planned security bulletins three days in advance.