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Worley slumps on downgrade

SHARES in WorleyParsons plummeted today after the engineering group downgraded its full-year prof...

Kristie Batten

The company’s shares dropped 25% to $A16.21, earlier hitting a low of $16.18. At the company’s annual general meeting last month it reiterated FY14 guidance of above the $322 million net profit after...

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