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Thursday, September 25, 2014

Takeover Digest - Wall Street Journal - Sept 25, (NYSE: RL)

The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. * Chinese leaders are discussing replacing the central bank chief, Zhou Xiaochuan, amid disagreements over the direction of financial policy, raising questions over how quickly and deeply Beijing wants to remake the economy amid slowing growth. (* Tory Burch, the maker of logo-emblazoned bags and ballet flats, has hired Ralph Lauren veteran Roger Farah as co-CEO to help build the billion-dollar apparel and accessories business into a global fashion empire. (

Ralph Lauren Corporation is engaged in the design, marketing and distribution of products, including men?s, women?s and children?s apparel, accessories (including footwear), fragrances and home furnishings. Shares of RL fell by 1.16% or $-1.96/share to $167.60. In the past year, the shares have traded as low as $141.93 and as high as $181.07. On average, 782203 shares of RL exchange hands on a given day and today's volume is recorded at 1404835.