Liz Claiborne (LIZ) Responds to Rumor, Says 'No Contemplation of Any Strategy Other Than Previously Discussed'

March 30, 2012 3:42 PM EDT
Shares of Liz Claiborne (NYSE: LIZ) are giving up gains just ahead of Friday's close as the company has issued a response to earlier rumors:

"Our general policy is to not respond to rumors about our company. That said, in response to media reports today, there is currently no contemplation of any strategy for the company other than executing against the operating plan we have already discussed."


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