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TORONTO (Reuters) - Hudson's Bay shares dropped on Monday after the Canadian department store operator reported security breaches at some of its Saks Fifth Avenue, Saks OFF 5th and Lord & Taylor stores on Sunday.
The company's shares fell as much as 6.2 percent and were trading 5.7 percent lower at C$8.41 as of 9:37 ET (1337 GMT), compared with a 0.2 percent loss on the Toronto stock benchmark. It was the second-biggest decliner on the index.
Hudson's Bay said on Sunday it was the victim of a security breach that compromised data on payment cards used at some stores in North America, and that it had "taken steps to contain" the breach.
(Reporting by Denny Thomas; Editing by Chizu Nomiyama)
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
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