Wednesday, August 16, 2017

A.P. Moller - Maersk Posts Loss In Q2; Backs FY17 Profit Growth View; Stock Up

Shares of A.P. Moller-Maersk A/S were gaining around 4 percent in the morning trading in Denmark after the shipping and oil company maintained its forecast for higher profit in fiscal 2017, despite the expected negative impact from the June cyber-attack of up to $300 million. In its second quarter, the company slipped to a loss, compared to profit last year.

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