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 ... |