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Porsche posts $6.5B loss
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sjmmail...@yahoo.co.uk
Nov 14, 2009, 2:13:53 AM11/14/09
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Following its failed takeover of Volkswagen, Porsche has posted a $6.5 billion pre-tax loss for the fiscal year ended July 31st. Porsche attempted to take over the much larger Volkswagen earlier this year, but failed to complete the acquisition as credit markets dried up. Porsche warned stakeholders losses could reach $7.4 billion as the company [...]
Read More: http://feeds.leftlanenews.com/click.phdo?i=a6973133897f29768933073b327aea00
Read More: http://feeds.leftlanenews.com/click.phdo?i=a6973133897f29768933073b327aea00
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