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“The LCD market is still expected to see double-digit growth in supply. As for demand, market volatility continues to grow, as macro uncertainties are aggravated by tariffs, trade frictions and foreign-exchange risks in emerging economies,” LG Display Executive Vice President Don Kim told analysts. LG Display ranks second by unit shipments in the large LCD panel market after China’s BOE Technology Group Co Ltd (000725.SZ), according to IHS Markit data released this month. It posted operating profit of 140 billion won ($123.2 million) for the July-September quarter, after two quarters of consecutive losses, helped by higher seasonal panel prices. The result beat an average forecast of 79 billion won from 10 analysts, according to a Refinitiv poll, but was still well down on the previous corresponding period amid a global supply glut.

Revenue fell 12 percent from a year earlier to 6.1 trillion won, Prices for 50-inch (127 cm) Liquid Crystal Display (LCD) television panels began to rebound in August stainless steel rope border round engravable cufflinks to $117 after hitting a record low of $109 in June, according to data provider WitsView, part of research provider TrendForce, The costly OLED TV panel business turned to profit in the third quarter, supported by sales volume growth, LG Display said, The firm did not disclose the size of the profit, Eo Kyu-jin, an analyst at eBest Securities, said the OLED business was not doing enough to shore up profit and the seasonal price rise would peter out in the fourth quarter..

(Reuters) - Railroad operator Union Pacific Corp (UNP.N) said on Tuesday it would cut 475 jobs in the fourth quarter and signaled more workforce reductions to come as it seeks to boost profitability by the end of 2020. Union Pacific, which connects 23 states in the western two-thirds of the United States, in April warned it was unlikely to achieve its profitability target in 2019 due to service problems and congestion on its rail network. In a memo, Omaha, Nebraska-based Union Pacific said it also would eliminate 200 contract positions.

At year-end, the railroad had nearly 42,000 employees, about 85 percent of whom were represented by 14 stainless steel rope border round engravable cufflinks major railroad unions, The latest staff reductions will be across the network and affect both union and non-union workers, Union Pacific said the cuts are “the first of what likely will be additional workforce reduction initiatives through 2020.”, Additional cost-cutting efforts include consolidating a variety of operations and selling Selma Farm, a corporate retreat it acquired as part of its 1986 merger with Missouri Pacific..

“These steps are part of reducing our general and administrative support structure by roughly 30 percent by 2020,” Chairman Lance Fritz said in the memo to employees. Union Pacific is scheduled to release third-quarter results on Thursday. The company aims to reduce its operating ratio, a measure of operating expenses as a percentage of revenue and a closely watched gauge of railroad performance, to at least 60 percent by the end of 2020. Railroads boost profits by lowering their operating ratio.

Union Pacific’s stainless steel rope border round engravable cufflinks second-quarter operating ratio was up 1.1 points to 63 percent versus a year ago, due to higher fuel and labor costs, The company on Oct, 1 rolled out a “Precision Scheduled Railroading” plan to improve efficiency and ease congestion, That strategy was pioneered by the late Hunter Harrison, who led the turnarounds of two Canadian railroads before joining CSX Corp (CSX.O) last year, CSX executives stuck with the strategy after Harrison’s death in December, Last week, CSX reported an operating ratio of 58.7 percent for the third quarter..

NEW YORK (Reuters) - Wall Street indexes fell in Tuesday’s volatile session though they had pared losses sharply by the closing bell as investors looked for bargains, but oil dropped sharply on demand worries. After falling as much as 2.3 percent in the morning, the S&P 500 gradually regained ground as the day wore on. Oil prices plunged about 5 percent to two-month lows as the equities sell-off raised worries about demand growth and Saudi Arabia said it could supply more crude quickly if needed, easing concerns ahead of U.S. sanctions on Iran.

Benchmark U.S, Treasury prices rose, sending yields to their lowest levels in almost three weeks as declining stocks worldwide fed demand for low-risk debt, The U.S, dollar recovered some of its early losses in the afternoon as the stock sell-off eased, but the greenback remained down against other safe-haven currencies, On top of geopolitical worries and Nov, 6 U.S, congressional elections, Oliver Pursche, chief market strategist at Bruderman Asset Management in stainless steel rope border round engravable cufflinks New York, cited an uncertain growth outlook amid a U.S.-China trade war..

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