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What: Coldwater Creek
So What: The specialty retailer announced that it expects a loss in the third quarter due to poor customer response to its merchandise. The company is forecasting a per-share loss of $0.14 to $0.19, down from earlier estimates of a per-share profit of $0.01 to $0.04.
Now What: Consumers may benefit as the company slashes prices to move its "fashion missing" inventory. Now analysts and investors have their eyes on Ann Taylor
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