Wall Street Journal
Maersk Raises Outlook on Strong Performance of Shipping Unit
Wall Street Journal
A.P. Moller Maersk promised Tuesday to return as much as $1 billion in cash to shareholders through buybacks, as the Danish shipping and oil conglomerate again raised its profit forecast for the full year on the strength of its container-transport ...
Upbeat Maersk an encouraging sign for US, global growth
Maersk targets first share buyback as it upgrades profit forecast
Profit, and Outlook, Soar for AP Moller-Maersk
Transport Topics Online
Maersk lifts profit forecast on higher shipping volumes
COPENHAGEN â AP Moeller-Maersk raised its full-year profit forecast after the company's container-shipping line, the world's largest, said earnings are rising because of higher freight volumes and lower costs. Earnings excluding discontinued ...
Maersk Raises 2014 Profit Forecast on Container Increase | Transport Topics ...
Major Shipping Firm Maersk Raises Profit Outlook As Shipping Volume Grows
The group, which has about 15 percent of the global container market through Maersk Line, said profit was expected to be $4.5 billion this year rather than the previously stated $4.0 billion after stripping out discontinued operations, impairment ...
2M needs no approval from China, Maersk says
âThe requirement with China is that we file with MOT, and there are no additional requirements,â said Maersk Line spokesman Michael Storgaard. âI doesn't mean the authorities won't come back and ask questions and keep an eye on things, but that's it.
Maersk Line ramps up full-year forecast as profits soar
Maersk Line reported a profit of $547 million for the second quarter as the container shipping division helped drive up the Maersk Group's half-year earnings by 42 percent year-over-year. Building on a good start to the year, the Danish carrier added a ...
Terminals and shipping offset Brazil oil losses at Maersk Group
Maersk Line profits hit $1bn at H1, while Damco still struggles to get out of ...
MÃ¦rsk upgrades 2014 outlook
Maersk signals rebound in global shipping trade
Global container shipping is emerging from its worst slump since the 1970s that was caused by a drop off in traffic following the financial crisis and over-capacity among the world's major shippers. Maersk handles 15pc of the world's container traffic.
AP Moller-Maersk hikes forecast
Chief executive Nils Andersen identified Maersk Line, APM Terminals and Maersk Oil as the star performers in the quarter as he revealed the company now expects to record a gain of $4.5bn this year. The world's largest shipowner, which today unveiled a ...
UPDATE 3-Maersk to buy back shares for first time, earnings rise
Shares rise 5 pct after improved guidance, better quarter than expected. * Maersk indicates more buybacks after first in its history. * Efficiency, cost savings boost Maersk Line compared to rivals (Adds analyst comment, detail on Line). By Ole ...
Maersk to buy back shares for first time in history
Maersk shares jumped 5 percent after the company reported better than expected quarterly earnings and raised its 2014 profit guidance, as cost cuts at its container shipping arm help it navigate persistent weakness in the global economy. "The share ...
Maersk lifts Stoxx 600 with 4.9% leap
A.P. MÃ¸ller-Maersk AS MAERSKB, +4.89% : The Danish shipping and oil conglomerate was among biggest advancers in the Stoxx Europe 600 index with a 4.9% advance after raising raised its full-year underlying profit outlook to $4.5 billion from $4 billion.
EUROPE MARKETS: Maersk Lifts Stoxx 600 With 4.9% Leap
EUROPE MARKETS: Stoxx 600 Ends At Almost 3-week High As Tensions Ease
INTERMODAL RAIL TRANSPORT AIR TRANSPORT MARITIME TRANSPORT GROUND TRAILERS TRUCKS LOGISTICS LOGISTICS CENTERS EXPRESS DELIVERY FREIGHT SERVICES COURIER HANDLING SHIPPING TRANSPORT CONTAINERS TRANSPORT GOODS ROAD TRANSPORT HIGHWAYS PORTS FREIGHT AIRLINES AIRPORTS AIRFREIGHT PLANES FLEETS TRUCKING COMPANY URBAN TRANSPORTATION PROFESSIONAL FMCSA ASSOCIATIONS TRANSPORT UNION COMPANIES OPERATORS TNT UPS DHL FEDEX MAERSK UNION PACIFIC XRS CORP GE CAPITAL POSTAL DANGEROUS GOODS SAFETY INTERNATIONAL MATERIAL HANDLING SUBWAY AMBULANCES TAXI PUPIL TRANSPORTATION TRAFFIC METEOROLOGY ROAD SAFETY FUNDING LEGISLATION JOBS RATES ROUTES MOBILITY SUSTAINABLE TRANSPORT AUTO INSURANCE AUTO MAKERS AUTO INDUSTRY VEHICLE INDUSTRY WORKSHOPS FUEL PRICE PETROLEUM PRODUCTS WHEELS TIRES SUPPLY CHAIN TOUR OPERATORS TRAVEL AGENCIES TRAVEL TOURISM CRUISES TICKETS TRAVEL