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Fly News Breaks for July 26, 2019
RBA
Jul 26, 2019 | 09:40 EDT
As previously reported, OTR Global downgraded its view on Ritchie Bros. to Mixed from Positive after checks with used construction/mining equipment specialists and used truck specialists. Loosening supply of used construction equipment helped boost dealer sales in the past 90 days, but pricing has declined and volumes have not significantly increased yet at auction houses, including Ritchie Bros., the firm tells investors.