Swift Transportation Co (SWFT.N)
23 Jan 2017
* Swift transportation - received new, unfavorable information regarding certain litigation that was outstanding as of sept30, 2016 related to co's swift refrigerated segment
* Swift Transportation Co qtrly operating revenue $1.01 billion versus $1.07 billion
GENEVA SWIFT, whose messaging network is used by banks to send payment instructions worth trillions of dollars each day, said three clients were hacked over the summer and cyber attacks on banks are set to increase.
* Founder and CEO of Swift Transportation Company announces retirement
LA HULPE, Belgium, Aug 17 More than a dozen current and former board directors and senior managers of SWIFT, the bank messaging system that helps transmit billions of dollars around the world every day, have told Reuters the organisation for years suspected there were weaknesses in the way smaller banks used its messaging terminals - but did not address such vulnerabilities.
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