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Maidenform shares decline the most since 2005

November 10, 2011

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Maidenform Brands Inc. (MFB US) fell 26 percent, the most since its July 2005 IPO, to $17.91. The maker of women’s undergarments cut its full year earnings forecast to $1.77 at most, below the average analyst estimate of $2.17, citing slowing consumer traffic and higher costs.

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