Industrials Down On Fed Nerves -- Industrials Roundup

Features Dow Jones Newswires

Shares of manufacturing and transportation companies fell as traders hedged their bets on the outlook for interest rates.

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Specialist materials firm Corning agreed to buy almost all of manufacturing conglomerate 3M's optical fiber and copper cable business for $900 million in cash.

Samsung Heavy Industries, the world's third-biggest shipyard by capacity, replaced its chief executive after recent earnings warnings had weighed on the company's value.

--Rob Curran, rob.curran@dowjones.com

(END) Dow Jones Newswires

December 11, 2017 16:19 ET (21:19 GMT)