Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
The Latest UPS Headlines
TNT Express Profit Beats Estimates As Cost-Savings Kick In
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="cheryl" data-source="post: 1001359" data-attributes="member: 1"><p><a href="http://www.bloomberg.com/news/2012-07-30/tnt-express-profit-beats-estimates-as-cost-savings-kick-in.html" target="_blank"><strong>TNT Express Profit Beats Estimates As Cost-Savings Kick In - Bloomberg</strong></a></p><p></p><p>TNT Express NV (TNTE), the Dutch express- delivery company that United Parcel Service Inc. (UPS) is bidding to buy, reported second-quarter profit that was double analyst estimates as cost-saving measures took effect and sales rose.</p><p></p><p>“Results are much better than expected, especially in Europe, but also in Asia-Pacific,” Andre Mulder, an Amsterdam- based analyst at Kepler Capital Markets who recommends buying TNT shares, said by phone. “I had expected them to be a bit distracted due to the takeover process, but that happened not to be the case.”</p><p></p><p>European Union antitrust regulators are reviewing UPS’s $6.8 billion offer for TNT and will rule by Dec. 12.</p></blockquote><p></p>
[QUOTE="cheryl, post: 1001359, member: 1"] [URL="http://www.bloomberg.com/news/2012-07-30/tnt-express-profit-beats-estimates-as-cost-savings-kick-in.html"][B]TNT Express Profit Beats Estimates As Cost-Savings Kick In - Bloomberg[/B][/URL] TNT Express NV (TNTE), the Dutch express- delivery company that United Parcel Service Inc. (UPS) is bidding to buy, reported second-quarter profit that was double analyst estimates as cost-saving measures took effect and sales rose. “Results are much better than expected, especially in Europe, but also in Asia-Pacific,” Andre Mulder, an Amsterdam- based analyst at Kepler Capital Markets who recommends buying TNT shares, said by phone. “I had expected them to be a bit distracted due to the takeover process, but that happened not to be the case.” European Union antitrust regulators are reviewing UPS’s $6.8 billion offer for TNT and will rule by Dec. 12. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
The Latest UPS Headlines
TNT Express Profit Beats Estimates As Cost-Savings Kick In
Top