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UPDATE 2-Global exporter Li & Fung's shares dive 16 pct on profit warning

2013-01-14 07:50:36| Logistics - Topix.net

Shares of Li & Fung Ltd fell 16 percent to a three-month low after the global supply chain manager warned of a steep drop in core operating profit, taking investors by surprise and triggering concern over its ability to reach a three-year earnings target.

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