Industrials Flat As Traders Await Trump, China Reports -- Industrials Roundup

FeaturesDow Jones Newswires

Shares of manufacturing and transportation companies were more or less flat as traders awaited developments from President Donald Trump's visit to China.

Danish shipping-and-oil conglomerate A.P. Moeller-Maersk posted a third-quarter net loss of $1.56 billion, hurt by costs associated with a cyberattack and weakness in both shipping and energy business lines. But the conglomerate said improving trends in the shipping business boded well for growth.

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William Ackman lost his bid for three seats on the board of Automatic Data Processing Inc., a resounding rebuke of the struggling activist investor as shareholders sided with management at the human-resources software company.

-Rob Curran, rob.curran@dowjones.com

(END) Dow Jones Newswires

November 07, 2017 16:50 ET (21:50 GMT)