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Massive Target breach could have lasting effects on company's sales, profits in 2014

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NEW YORK (AP) — Fallout from Target’s pre-Christmas security breach is likely to affect the company’s sales and profits well into the new year.

The company disclosed on Friday that the massive data theft was significantly more extensive and affected millions more shoppers than the company reported in December. As a result of the breach, millions of Target customers have become vulnerable to identity theft, experts say.

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