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Hyundai Motor fourth quarter profit tumbles 19 percent
2015-01-22 08:04:27| Automakers - Topix.net
South Korea's Hyundai Motor Co on Thursday reported a fourth straight quarterly profit decline, pulled down by a plunge in the Russian ruble and increased buying incentives in the United States. The result is likely to fuel discontent among investors, who expect the automaker to raise its year-end dividend later in the day to appease those dismayed by slowing growth and involvement in a $10 billion property purchase.
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Category:Automotive