News: UTi Worldwide Inc (UTIW.OQ)

UTIW.OQ on NASDAQ Stock Exchange Global Select Market

9.70USD
30 Jul 2014
Price Change (% chg)

$0.23 (+2.43%)
Prev Close
$9.47
Open
$9.53
Day's High
$9.74
Day's Low
$9.47
Volume
242,536
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Thu, Jun 5 2014

Stronger dollar hits UTi's revenue, losses mount

- Logistics company UTi Worldwide Inc reported a bigger-than-expected quarterly loss as a stronger dollar more than offset higher volumes in its air and ocean freight businesses.

UPDATE 1-Stronger dollar hits UTi's revenue, losses mount

June 5 - Logistics company UTi Worldwide Inc reported a bigger-than-expected quarterly loss as a stronger dollar more than offset higher volumes in its air and ocean freight businesses.

Logistics company UTi reports bigger quarterly loss

June 5 - Logistics company UTi Worldwide Inc reported a bigger quarterly loss as revenue fell in its air and ocean freight businesses.

UTi Worldwide posts loss as demand for air freight weakens

- Logistics company UTi Worldwide Inc reported a bigger-than-expected quarterly loss, hurt by weak demand for air freight as customers opt for slower, but cheaper, modes of shipping.

CORRECTED-UPDATE 1-UTi Worldwide posts loss as demand for air freight weakens

(Removes incorrect reference to $400 mln of UTi's debt coming due in April)

UTi Worldwide posts bigger-than-expected quarterly loss

March 31 - Logistics company UTi Worldwide Inc reported a bigger-than-expected quarterly loss, hurt by weak demand for air freight.

UPDATE 1-UTi Worldwide says breaches covenants, to report loss

Feb 26 - Logistics company UTi Worldwide Inc said it had breached some debt covenants and would report a loss for the fourth quarter due to a weak air freight market, sending its shares down as much as 28 percent in early trading.

UTi Worldwide says breaches covenants, to report quarterly loss

Feb 26 - Logistics company UTi Worldwide Inc said it had breached some debt covenants and would report a loss for the fourth quarter due to lower demand for air freight and higher costs.

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