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Heavy weather, oilpatch slump lower H&E profit

2015-07-30 15:24:12| Industrial Machines - Topix.net

Heavy rains in May and a slumping oil industry put a damper on the second-quarter results of H&E Equipment Services Inc., a Baton Rouge-based construction-equipment supplier. H&E's profit dipped to $11.5 million, or 33 cents per share, compared to $15.7 million, or 45 cents per share, a year ago.

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