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Tuesday, September 18, 2012

Romney backer defends fundraising event, (NASDAQ: PLCE)

Marc Leder, the co-chief executive of private equity firm Sun Capital Partners Inc who hosted a fundraiser in May in which Republican presidential candidate Mitt Romney criticized supporters of U.S. President Barack Obama, said on Tuesday he had supported people from both political parties. "I hosted a fundraiser for an old friend in May," Leder said in a statement provided by his spokesman."I believe all Americans should have the opportunity to succeed, to improve their lives, and to build even better lives for their children. I have supported people from both political parties who share this view and make it a priority, even though their ideas on how to achieve it may differ."A video shot with a hidden camera at Leder's Boca Raton, Florida, home emerged on Monday in which Romney dismissed Obama supporters -- almost half of U.S. voters -- as people who live off government handouts and do not "care for their lives."

The Children's Place Retail Stores, Inc. (The Children's Place) is a pure-play children's specialty apparel retailer in North America. Shares of PLCE fell by 0.03% or $-0.02/share to $59.76. In the past year, the shares have traded as low as $42.23 and as high as $61.03. On average, 446928 shares of PLCE exchange hands on a given day and today's volume is recorded at 128570.



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