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Rolls-Royce cuts profit forecastsBritish engineer Rolls-Royce cut profit expectations for the third time in nine months on Monday, increasing the challenge for its new chief executive. Shares in the 131-year-old company dropped as much as 10 per cent after it als More… |
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Global airlines raise profit forecasts for 2012, 2013Global airlines on Thursday revised upwards widely watched industry profit forecasts for 2012 and 2013, but said that carriers remain vulnerable to risks including the euro zone crisis and the threat of a US fiscal cliff. The Inte More… |
