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UTi Worldwide Inc Financial News Feed Current Info

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UTi Worldwide Investor Urges Against Takeover Deal
UTi Worldwide Investor Urges Against Takeover Deal
Wall Street Journal - Oct 21, 2015
Activist investor Sterling Capital Management says UTi Worldwide Inc.'s takeover by Danish logistics giant DSV is undervalued and that UTi shareholders should try to strike down the deal.


Earnings in Full Force, Analysts Take Aim at UTi Worldwide Inc. (NASDAQ:UTIW)
Earnings in Full Force, Analysts Take Aim at UTi Worldwide Inc. (NASDAQ:UTIW)
Wall Street Beacon - 16 hours ago
Wall Street is predicting that UTi Worldwide Inc. (NASDAQ:UTIW)'s earnings per share (EPS) will be $N/A when the firm is expected to announce earnings around N/A.


DSV Begins Layoffs at Logistics Acquisition UTi Worldwide
DSV Begins Layoffs at Logistics Acquisition UTi Worldwide
Wall Street Journal - Feb 4, 2016
European logistics operator DSV A/S, which completed the acquisition of UTi Worldwide Inc. last month, is beginning layoffs at the California-based operator.


Denmark's DSV Offers $1.35 Billion for UTi Worldwide
Denmark's DSV Offers $1.35 Billion for UTi Worldwide
Wall Street Journal - Oct 9, 2015
Danish firm DSV, the world´s sixth-largest logistics company, has agreed to buy U.S.-based UTi Worldwide Inc. for $1.35 billion in a move aimed at boosting its long-term growth prospects outside Europe.
DSV to acquire UTi Worldwide for $1.35 billion in latest 3PL M&A deal - Logistics Management
UTi Worldwide (UTIW) Stock Spikes on Sale to DSV - TheStreet.com


DSV's acquisition of UTi Worldwide is now official
DSV's acquisition of UTi Worldwide is now official
Logistics Management - Jan 22, 2016
based non asset-based third-party logistics (3PL) services provider UTi Worldwide to Denmark-based global 3PL DSV for $1.35 billion and $7.10 per share is now official, UTi and DSV officials said today.
DSV, 628 - DSV closes acquisition of UTi Worldwide Inc. - GlobeNewswire (press release)


UTi Worldwide - More To The Company Than Takeover Chatter (UTIW)
UTi Worldwide - More To The Company Than Takeover Chatter (UTIW)
Seeking Alpha - Dec 6, 2014
The story of UTi Worldwide (NASDAQ:UTIW) is much more about its turnaround than the recent rumors of a takeover by Danish trucking firm, DSV A/S (DSV).
UTI Worldwide Said in Advanced Talks on Sale to DSV - Bloomberg
Will A Deal Between UTi Worldwide (UTIW) And DSV A/S Happen? - Bidness ETC


DSV gets final antitrust OK for UTi Worldwide buy
DSV gets final antitrust OK for UTi Worldwide buy
MarketWatch - Jan 20, 2016
Danish transport company DSV (DSV.KO) said Wednesday that it has received the final antitrust approval required to complete its previously announced acquisition of UTi Worldwide Inc. UTIW, -0.74%. South African antitrust approval has now been obtained ...
UTi Receives Final Required Antitrust Clearance for Merger With DSV - GlobeNewswire (press release)


P2 owns almost 10% of UTi Worldwide
P2 owns almost 10% of UTi Worldwide
MarketWatch - Dec 12, 2012
Chuck Royce's Royce & Associates added to its stake in UTi Worldwide Inc. during the third quarter and closed September with 4.8 million shares in its portfolio.


Logistics Operator UTi Worldwide Lowers Projections After Steeper Loss
Logistics Operator UTi Worldwide Lowers Projections After Steeper Loss
Wall Street Journal - Sep 4, 2015
UTi Worldwide Inc. Chief Executive Edward G. Feitzinger scaled back the global logistics company's earnings projections after reporting deeper losses in the second quarter as a result of declining ocean and airfreight forwarding business.
UTi Worldwide Reports Second Quarter Fiscal 2016 Results - GlobeNewswire (press release)
Earnings Conference Call - Seeking Alpha


UTi Worldwide Withdraws Its Financial Guidance
UTi Worldwide Withdraws Its Financial Guidance
GlobeNewswire (press release) - Nov 9, 2015
LONG BEACH, Calif., Nov. 9, 2015 (GLOBE NEWSWIRE) -- UTi Worldwide Inc. (NASDAQ:UTIW) today announced that it is withdrawing the financial guidance provided on September 3, 2015 for all financial metrics and periods presented.


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