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Kawasaki Heavy Industries Tumbles Most in Eight Years on Outlook

By Chris Cooper (Bloomberg) — Shares of Kawasaki Heavy Industries Ltd. plunged the most in eight years after the company cut its full-year profit forecast by more than half and said it was reviewing whether to continue its shipbuilding business. The stock fell 11 percent to close at 276 yen in Tokyo on Monday, the biggest […] The post Kawasaki Heavy Industries Tumbles Most in Eight Years on Outlook appeared first on gCaptain.
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