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Like this?
for i in *template*; do
sed 's/XXXXX|YYYYY/70|AAPL/' "$i" > "${i%%_*}_abc.twj"
done

Sed needs alot of escaping.. sed 's/\(.\{4\}\)\(.*\)/\2\1/' file Which is one of the reasons to use Perl ;)

This should work: perl -pe 's/(.{4})(.*)/\2\1/' file