) shares are plunging after the company announced it expects decreasing gross margins during the current quarter as it navigates the fallout from the sale of its logistics business to Flexport.
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Stocks are primed to tumble into a bear market as bullish investors have driven equities to 1929 extremes, famed fund manager says -- A veteran Canadian bank analyst says Toronto-Dominion Bank’s role in an alleged money-laundering scheme has made the “worst-case scenario” more likely — a huge fine for the lender and years of restrictions on its US growth.
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