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Briggs & Stratton share drops to 44-year lows following surprise loss, dividend cut and plant closure

Briggs & Stratton's shares were brought on Thursday at the level seen last in the 1970s, after the gasoline and outdoor power equipment manufacturer posted a surprise loss in the fourth quarter, cutting its full-year outlook and its quarterly dividend lowered. The company also announced that it will close its Murray, Kentucky facility, which will employ approximately 630 people by …

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