Shell Dips, Volvo Car Down, Maersk Drops
Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- Shell Plc said its fourth-quarter profit slumped, undershooting expectations as lower crude prices, a weak oil-trading performance and a struggling chemicals business dented earnings.- Volvo Car shares plunged the most on record after the Swedish-origin automaker closed out last year with worse-than-expected earnings.- A.P. Moller-Maersk plans to cut jobs and focus on cost discipline this year as the container giant seeks to insulate its earnings against deteriorating freight rates with Red Sea routes…
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