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DSV Buys UTi in $1.35 Billion as Maxim Sees Possible Rival Bid
2015-10-10 13:28:17| Logistics - Topix.net
DSV A/S agreed to buy UTi Worldwide Inc. in a transaction that implies an enterprise value of $1.35 billion as the Danish logistics company seeks to expand in the U.S. air and sea freight market. Industry history suggests that the bid may not be the final offer, Maxim Group strategist Justin Lumiere said Friday by e- mail after the announcement.
Gentex Sees Large Growth in Short Interest
2015-10-10 03:21:57| Automakers - Topix.net
Gentex was the recipient of a large growth in short interest in the month of September. As of September 30th, there was short interest totalling 17,910,043 shares, a growth of 19.9% from the September 15th total of 14,932,997 shares, Analyst Ratings Network.com reports.
Tags: large
short
interest
growth
NRF sees US holiday season sales increasing 3.7%
2015-10-09 16:19:00| Daily apparel & textile news and comment - from just-style.com
The National Retail Federation (NRF) expects sales to rise 3.7% this holiday season - an increase that outpaces the 10-year average of 2.5%, but is less than the 4.1% gain last year.
Tags: sales
holiday
season
increasing
Fast Retailing sees slower growth on Uniqlo US losses
2015-10-08 17:26:00| Daily apparel & textile news and comment - from just-style.com
Fast Retailing, the Japanese parent company of fast fashion retailer Uniqlo, has forecast profit growth below analyst expectations for its next fiscal year amid losses at is Uniqlo and J Brand US businesses last year.
Probes Reporter Sees 'Real Danger' In Alcoa's RTI Deal
2015-10-08 00:15:45| Industrial Machines - Topix.net
According to the report, investors should be more skeptical about Alcoa's recent acquisition of RTI International Metals, Inc. because, while management will probably emphasize the "post-deal happy talk," looking deeper will bring some problems to light. About a month ago, the SEC confirmed enforcement proceedings at RTI remained ongoing.
Tags: real
deal
reporter
danger
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