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Sotheby's Posts Big Loss
"Sotheby's posted a pre-tax loss of $46.4m (a net loss of $32.6m), representing a $57.7m, or 58%, fall in net profits for the first nine months of the year. The company says that the third quarter is nearly always a loss-making period, historically representing between 7% and 10% of its annual sales." The Art Newspaper 11/22/12
Posted November 26, 2012 11:24 AM




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