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September 01, 2020 10:18am
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Massive Earthquake Hits Japan, Markets Open Lower

A massive earthquake in Japan weighed the markets down to a lower open with the Dow falling 20 points to 11,963. Nasdaq slipped 2 points to 2698.

On the upside

Japan's second largest toy company Tomy will pay $27.90 per share in cash to acquire U. S. toy maker RC2 (Nasdaq: RCRC).

Leonard Green & Partners offered $19.09 per share to take 99 Cents Only Stores (NYSE: NDN) private.

AnnTaylor Stores (NYSE: ANN) reported higher fourth quarter earnings that topped analyst estimates as revenue climbed.

On the downside

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