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AGCO Q3 profit falls 48% to $65 million

2014-10-28 15:54:53| Industrial Machines - Topix.net

The Duluth, Ga.-based agricultural equipment maker reported a 48% drop in third-quarter profit due to the weak global market and production cuts. "Our third quarter results were impacted by weaker markets and significant production cuts aimed at controlling our company and dealer inventories," said Martin Richenhagen , AGCO chairman, president and CEO, in a statement.

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Standard Chartered profit falls 16%

2014-10-28 06:32:23| BBC News | Business | UK Edition

Standard Chartered posts a 16% fall in operating profit because of a restructuring in its South Korean business and an increase in bad loans.

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Oil falls below $86 a barrel in Goldman Sachs forecast cuts

2014-10-27 01:00:00| Offshore Technology

The price of Brent crude oil has declined to below $86 a barrel after US investment bank Goldman Sachs cut its price forecasts earlier today.

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E.U. Greenhouse Gas Deal Falls Short of Expectations

2014-10-25 07:00:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: The deal reached early Friday by the European Union to cap its greenhouse gas emissions was meant to increase pressure on the rest of the world to achieve a landmark accord on climate protection next year, the blocs leaders said. The approval of a target to slash emissions by 2030 by at least 40 percent, compared with 1990 levels, makes the European Union the first major global emitter to put its position on the table ahead of an important United Nations climate meeting in Paris at the end of 2015....

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Rogers adjusted profit misses estimate, falls more than expected to $405 million

2014-10-23 18:39:58| Telecom - Topix.net

Rogers Communications Inc. says its third-quarter profit declined more than 28 per cent as the telecom and media company pushed ahead with changes intended to improve its long-term performance. The Toronto-based cable and wireless company , which also owns one of Canada's largest media businesses, reported $332 million of net income, or 64 cents per share - down from $464 million, or 90 cents per share.

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