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Sports Authority supplier slashes forecast
Sport Authority’s decision to file bankruptcy is contributing to one of its suppliers making a major downward revision to a 2016 profit forecast.
Performance Sports Group, a supplier of team sports equipment under the Bauer and Easton brands, slashed its profit forecast for the current fiscal year by 55 cents to a range of 12 cents to 14 cents from a range of 66 cents to 69 cents. Nine cents of the shortfall was attributed to anticipated losses from “a U.S. national sporting goods retailer that has filed under chapter 11.”
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Neiman Marcus attempts to ban phishing
Neiman Marcus has a lot invested in its brand, and is trying to ensure criminals don’t reap the profits.
In an effort to identify and block fraudulent messages from cybercriminals designed to look like communications from Neiman Marcus, the luxury retailer will deploy the Return Path Email Fraud Protection solution.

