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Stock Market & Financial Investment News

News Breaks
February 24, 2014
07:16 EDTUTIWUTi Worldwide upgraded at RBC Capital
As noted earlier, RBC Capital upgraded UTI Worldwide to Outperform from Sector Perform. The firm cited improving industry fundamentals and greater confidence In the company's ability to meet its cost savings goals as the key reasons for the upgrade. Target to $22 from $15.
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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September 3, 2014
15:29 EDTUTIWNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Joy Global (JOY), consensus 84c; VeriFone Systems (PAY), consensus 35c; Ciena (CIEN), consensus 29c; Mattress Firm (MFRM), consensus 60c; Methode Electronics (MEI), consensus 40c; UTi Worldwide (UTIW), consensus 1c.

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