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UTi Worldwide Given Consensus Recommendation of "Hold" by Analysts
2015-11-19 00:33:50| Logistics - Topix.net
Shares of UTi Worldwide have earned an average recommendation of "Hold" from the eight brokerages that are covering the firm, Marketbeat.com reports . Six equities research analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company.
Tags: hold
worldwide
recommendation
consensus
UTi Worldwide Upgraded by Zacks to "Hold"
2015-11-11 05:07:22| Logistics - Topix.net
According to Zacks, "UTI Worldwide Inc. is a global, non-asset based supply chain management business providing supply chain logistics services and planning and optimization solutions. Its services include freight forwarding, customs brokerage and warehousing services which include the coordination of shipping and the storage of raw materials, supplies, components and finished goods.
Tags: hold
worldwide
upgraded
uti
UTi Worldwide Withdraws Its Financial Guidance
2015-11-10 11:02:32| Logistics - Topix.net
UTi Worldwide Inc. today announced that it is withdrawing the financial guidance provided on September 3, 2015 for all financial metrics and periods presented. Such financial guidance should no longer be relied upon as a representation of the Company's best estimate of future results.
Tags: financial
worldwide
guidance
uti
UPDATE 1-DSV raises profit f'cast, expects UTi takeover in Q1 2016
2015-10-28 09:25:30| Logistics - Topix.net
Danish transport and logistic group DSV raised its profit guidance after posting a bigger-than-expected third quarter results on Wednesday and said it still expected to close a takeover of UTi Worldwide in the first quarter 2016. The world's fifth largest freight forwarder said operating profit before special items rose to 851 million Danish crowns in July-September, beating a mean forecast of 816 million crowns in a Reuters poll of analysts.
Tags: update
profit
expects
raises
UTi Worldwide Fire Sale: DSV's Bargain Acquisition Is Opportunistic, Shareholders Shortchanged
2015-10-23 10:24:13| Logistics - Topix.net
DSV's acquisition of UTi Worldwide for $7.10 per share significantly undervalues company based on DCF value and comparable transactions. After holding brief exploratory talks with DSV about a possible transaction in December 2014, it appeared as though UTi Worldwide would focus on executing its strategic plan as an independent company.
Tags: sale
fire
worldwide
acquisition
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