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Maersk Shares Sink After Profit Hit by Weak Freight Rates, Oil Prices - Wall Street Journal

Wall Street Journal

Maersk Shares Sink After Profit Hit by Weak Freight Rates, Oil Prices
Wall Street Journal
Shares in A.P. Moeller-Maersk A/S fell as much as 8% on Wednesday after the Danish shipping-and-oil giant reported a 43% drop in third-quarter net profit amid sustained weak freight rates and persistently low oil prices. Net profit dropped to $429 ...

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