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04
Feb
2015
Grupo Mexico profit falls, shares up on rail offer hopesBy:DIVERSIFIED MINING Grupo Mexico's quarterly profit fell 24% on exchange rate and financing costs, the mining and transportation conglomerate said on Wednesday, but its share price surged 6% as investors cheered a possible rail unit offering.
Grupo Mexico said fourth-quarter profit fell to $380-million from $500.67-million in the year-earlier period.
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