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Tuesday, July 7, 2009

Regis in trouble

Regis Corp. (RGS US) had the biggest slump in Russell 2000 Index, sliding 21 percent to $13.47. The owner of Supercuts and Cost Cutters hair salons said its revenue in the fourth-quarter declined 2.5 percent to $625 million and it's offering stock and convertible notes to repay debt.

Posted by
Bryan Cantrell

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