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Profit Taking May Contribute To Initial Weakness On Wall Street

Profit Taking May Contribute To Initial Weakness On Wall Street

The major U.S. index futures are currently pointing to a modestly lower open on Wednesday, with stocks likely to give back ground after moving notably higher in recent sessions.

Profit Taking May Contribute To Initial Weakness On Wall Street

The major U.S. index futures are currently pointing to a modestly lower open on Wednesday, with stocks likely to give back ground after moving notably higher in recent sessions.

South Korea s Harim preferred buyer of shipper HMM for $4 9 billion - sources

SEOUL : Harim Holdings on Tuesday said it has been chosen as the preferred bidder to buy control of South Korea's biggest container shipper HMM, in what people with knowledge of the matter said was a 6.4 trillion won ($4.92 billion) deal.Harim and HMM creditors Korea Development Bank and Korea Ocean Busin

Will Harim s acquisition of HMM turn into winner s curse?

Harim Group is facing a bumpy road ahead for its acquisition of HMM from creditors led by the Korea Development Bank, due to the growing skepticism over the poultry processor’s capability to manage the nation’s largest container shipping firm, according to industry officials, Tuesday.

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