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Tag: uti worldwide

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

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

UTi Worldwide investor urges against takeover deal

2015-10-21 19:41:00| Logistics - Topix.net

Sterling Capital Management discloses a 3.3% active stake in UTI Worldwide , and has sent a letter to UTIW shareholders urging them to oppose a takeover by DSV.

Tags: deal worldwide investor urges

DSV and UTi Worldwide Combination Provides a Balanced Global Presence

2015-10-12 23:20:11| Logistics - Topix.net

The industry had just barely digested the XPO Logistics acquisition of Con-way when DSV announced its intentions to acquire UTi Worldwide. Perhaps not as surprising as XPO Logistics' recent acquisitions but it is one that can be a game changer within the global logistics market.

Tags: global combination presence worldwide

UTi Worldwide Stock Rating Lowered by Stephens

2015-10-12 15:48:18| Logistics - Topix.net

Several other brokerages have also recently weighed in on UTIW. RBC Capital reaffirmed a "hold" rating on shares of UTi Worldwide in a research note on Saturday, September 5th.

Tags: rating stock worldwide lowered

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