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Maersk's Profit Tumbles on Weak Freight Rates, Low Oil Prices - Wall Street Journal

Wall Street Journal

Maersk's Profit Tumbles on Weak Freight Rates, Low Oil Prices
Wall Street Journal
Danish shipping-and-oil company A.P. Moeller-Maersk A/S said third-quarter profit plunged 43% as sustained weak freight rates and low oil prices continued to batter its performance. Maersk's shares sank as much as 9% on the news Wednesday. Investors ...

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