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Amid losses, UTi Worldwide gets lift from West Coast port crisis

2015-04-02 10:09:09| Logistics - Topix.net

Although its last fiscal year was ugly, UTi Worldwide is optimistic about the year ahead, and expects to grow its freight forwarding and logistics businesses.

Tags: west port worldwide coast

 

RBC Capital Downgrades UTi Worldwide to Sector Perform

2015-04-02 05:59:24| Logistics - Topix.net

They currently have a $11.00 price target on the stock, down from their previous price target of $13.00. RBC Capital's target price suggests a potential upside of 10.22% from the stock's previous close.

Tags: capital perform worldwide sector

 
 

UTi Worldwide Reports Fourth Quarter and Fiscal 2015 Results

2015-04-01 09:16:21| Logistics - Topix.net

UTi Worldwide Inc. today reported financial results for the fourth quarter and fiscal year ended January 31, 2015. Net revenues decreased 4.0% to $1,457.6 million from $1,517.8 million Earnings before interest, taxes, depreciation and amortization, excluding severance and other costs , decreased to $20.2 million from $90.7 million.

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UTi Worldwide (UTIW) Stock Falls in After-Hours Trading Today on Weak Financial Results

2015-04-01 05:11:12| Logistics - Topix.net

The Long Beach, CA-based supply chain services and solutions company reported that fourth quarter revenue decreased 10% to $964.6 million compared to $1.071 billion last year. For the full year, the company experienced a 5.8% decrease in revenue to $4.18 billion from $4.44 billion.

Tags: results today stock financial

 

UTi Worldwide Loss Widens

2015-04-01 01:01:42| Logistics - Topix.net

UTi Worldwide Inc. said its fiscal fourth-quarter loss widened sharply on one-time expenses related to recent restructuring efforts, as well as a decline in revenue.

Tags: loss worldwide uti widens

 

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