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HMV shares drop on trade credit insurance concerns

From Insurance Daily
Wednesday, 19th January 2011 1:55 pm

HMV Group’s share price plummeted in early trading today, following reports that some of its suppliers have had their levels of trade credit insurance reduced. Earlier this month, the retailer reported that a challenging market, combined with the severe weather conditions, had impacted on trading to the extent that “aggressive action” was needed. The company, which owns [...]

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