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Fly News Breaks for March 25, 2015
LL
Mar 25, 2015 | 13:07 EDT
Janney Capital said it views the Consumer Product Safety Commission press conference on Lumber Liquidators as positive for the company, noting specifically that the CPSC will not use deconstructive testing to do its investigation. The firm views the CSPC announcement as a win since the commission testing coincides with the company's test methodology. Janney also said its checks indicate Lumber Liquidators' business is "far, far better" than the guidance issued when the company last spoke. The firm keeps its Buy rating on the stock.
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