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Stock Market & Financial Investment News

News Breaks
October 16, 2012
06:22 EDTUTIWUTi Worldwide downgraded to Neutral from Outperform at RW Baird
Baird downgraded UTi Worldwide to reflect weakening September international airfreight trends, competitive yield pressures, and lack of near-term catalysts. Price target lowered to $15 from $16.
News For UTIW From The Last 14 Days
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September 15, 2014
07:42 EDTUTIWMorgan Stanley to hold a conference
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September 8, 2014
10:06 EDTUTIWOn The Fly: Analyst Upgrade Summary
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07:26 EDTUTIWUTi Worldwide upgraded to Overweight from Equal Weight at Stephens
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September 4, 2014
08:12 EDTUTIWUTi Worldwide continues to target positive free cash flow for FY15
Richard G. Rodick, CFO, said, "We made significant progress in reducing our accounts receivable balance in Q2. As a result, Q2 was our best free cash flow period in six quarters, and better than any second quarter in three years. We continue to expect increased collection of trade receivables and a reduction in work-in-process for the remainder of FY15. Based on these assumptions, we continue to target positive free cash flow for the full fiscal year."
08:11 EDTUTIWUTi Worldwide targets FY16 adjusted EBITDA $190M-$210M
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08:08 EDTUTIWUTi Worldwide reports Q2 EPS ex-items (7c), consensus 1c
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