Wednesday, February 10, 2016

AP Moller-Maersk Earnings Hit by Perfect Storm

Shares in AP Moller-Maersk dropped more than 5% after the Danish conglomerate swung to a hefty fourth-quarter net loss as tumbling freight rates and sluggish trade growth hit its key shipping business, while its oil unit took a $2.5 billion charge.

from WSJ.com: US Business http://ift.tt/1XhQe8W
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