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CFO Change Frays Jones Apparel
Shares of Jones Apparel(JNY Quote) slipped Thursday after an analyst issued a negative take on news that the company's chief financial officer has departed.
The clothing maker's stock sank $1.73, or 5.3%, to $30.80.
Jones Apparel, whose brands include Nine West, Barneys New York, and Gloria Vanderbilt, said late Wednesday that Thimio Sotos "resigned to pursue other opportunities." Jones named veteran company executive Wesley Card, 59, as Sotos' replacement. ...
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