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Today in failing retailers news: the Puget Sound Business Journal reports barring appeals, Eddie Bauer Holdings Inc. will be suspended from Nasdaq stock index effective

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Eddie Bauer Dropped from the Nasdaq Index

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Today in failing retailers news: the Puget Sound Business Journal reports barring appeals, Eddie Bauer Holdings Inc. will be suspended from Nasdaq stock index effective June 26. The move comes just days after the Bellvue-based apparel giant filed for bankruptcy protection amidst a massive downturn in consumer spending; the company reported losses of $44.5 million for the first quarter of the 2009 fiscal year. At the final bell today, its shares were being traded at fifteen cents. No word on whether the company will continue to lend its name to other relics of the mid-nineties economic boom.

 
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