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Bloomberg Markets: Dave Wilson's Stock of the Day for Aug. 21

2 min•21 augusti 2017

Bloomberg Markets with Carol Massar and Cory Johnson.\u0010\u0010GUEST:\u0010David Wilson\u0010Stocks Editor\u0010Bloomberg News\u0010Discussing his "Stock of the Day" Nacco Industries (NC). Nacco Industries Inc.'s shares are headed for their biggest gain in seven years after the company laid out a plan to revert to its past focus on coal production. Nacco said it would spin off its housewares business as Hamilton Beach Brands sometime his quarter. The breakup follows the 2012 spinoff of Nacco's lift-truck unit as Hyster-Yale Materials Handling Inc., which is publicly traded.

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