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Wall Street is forced into the abortion debate

Shareholders placed abortion rights proposals on the proxies of three major retailers this spring: Walmart Inc.; Lowe’s Cos.; and TJX Cos., the owner of off-price chains including TJ Maxx. Many more may follow next year.

This development is pushing asset managers such as BlackRock Inc., Vanguard Group and State Street Global Advisors to grapple with the issue, as they hold large stakes in these and other companies on behalf of millions of other investors.


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