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Business News: Swatch Group Publishes Open Letter To Morgan Stanley Management Saying Longines Is Profitable And Tissot Sales Grew

In a recently published open letter, the Swatch Group AG criticized the most recent Morgan Stanley "Swiss Watcher" industry report in a letter to the investment bank's management, calling some of the data presented in the analyst report "erroneous and questionable." The Swatch Group letter, addressed to Morgan Stanley Investment Management and linked below, says…

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