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Morning Outlook

Home Depot Investigates Potential Hacking, CVS Says Farewell to Tobacco Products

By Morning OutlookFOXBusiness

Home Depot (NYSE:HD) is investigating reports of a cyber-attack that potentially compromised its customers’ credit and debit card data. Brian Krebs, a well-known security reporter, says the breach may have happened as early as May, and with detection just happening now, Home Depot's breach may be even bigger than Target's.   CVS (NYSE:CVS) has snuffed out tobacco sales a month earlier than promised. On Wednesday, the drugstore is pulling all cigarettes, cigars and tobacco products – which have represented some $2 billion a year in sales -- from its shelves. At the same time, CVS is changing its corporate name to CVS Health. Would you spend $22 on a movie ticket? If the theater did things like move, spray and smell? Many folks are shelling out big bucks for this new 4D experience. Special theaters in Los Angeles are filling up, giving a box office boost to some summer flicks. On Wall Street: Mostly a down day Tuesday on the first trading day of September. The Dow fell 31 points, even after a report on manufacturing climbed to a three-and-a-half year high.

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