TORONTO (Reuters) – Canadian diversified miner Teck Resources Ltd reported a sharp drop inside fourth-quarter earnings about Thursday because coal costs sagged, though manufacturing expense cuts plus sturdy copper sales softened the blow. Shares of the business fell over 3 % after the marketplace open because it warned which international financial uncertainty was nevertheless weighing about costs plus need for a few of its treatments, very coal. On a more optimistic note, Teck managed to carry through about its promise to cut running bills inside the coal device inside the newest quarter. …
Economy News Headlines – Yahoo! News
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