A.P. Moller-Maersk halted its $1.6 billion share buyback plans as it warned attacks in the Red Sea could continue impacting its business throughout 2024
By Dominic Chopping A.P. Moeller-Maersk suspended its share buyback program as the Danish shipping giant moves to preserve cash, with uncertainty surrounding.
By Dominic Chopping A.P. Moeller-Maersk shares plummeted Thursday after the shipping giant suspended its share buyback and warned earnings will fall sharply.
Shares of industrial and transportation companies rose as traders digested a generally positive earnings season. Shares of Norwegian energy-infrastructure.