News: Deutsche Post AG (DPWGn.DE)
Wed, Nov 20 2013
BRUSSELS/FRANKFURT - Deutsche Post may have to make additional repayments of state aid after the European Commission said it is taking legal action against Germany for failing to recover the full amount demanded in a regulatory ruling last year.
* EU says Germany made only partial recovery of illegal aid
BRUSSELS, Nov 20 - European Union state aid regulators took legal action against Germany on Wednesday for failing to recover millions of euros in state aid granted to Deutsche Post last year.
FRANKFURT, Nov 15 - Deutsche Post, the world's No.1 postal and logistics company, has asked regulators to approve an increases in the price of stamps that would raise the cost of sending a standard letter in its home market to 0.60 euros ($0.81) from 0.58.
FRANKFURT, Nov 15 - German postal services company Deutsche Post has filed for regulatory approval to increase stamp prices for standard letters in its home market to 0.60 euros ($0.81) from 0.58 euros, it said on Friday. ($1 = 0.7430 euros) (Reporting by Ludwig Burger; Editing by Christoph Steitz)
FRANKFURT, Nov 15 - German postal services group Deutsche Post plans to increase the letter stamp price for its home market to 60 cents per letter from 58 cents as of next year, newspaper Handelsblatt reported on Friday.
FRANKFURT - Deutsche Post announced plans to expand its German Mail division on Tuesday, starting with the takeover of its parcel delivery operations in other European countries to help serve the boom in demand for deliveries from online retailing.
* Shares up 0.9 pct (Adds expansion plan for parcels business, more details on results)
FRANKFURT, Nov 12 - Deutsche Post expects further currency headwinds in the fourth quarter but estimates they will be less painful than in the third quarter, Chief Financial Officer Larry Rosen told analysts on Tuesday.
FRANKFURT, Nov 12 - Deutsche Post considers it still too early now to start thinking about any share buyback or special dividend, Chief Financial Officer Larry Rosen told reporters on Tuesday.