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Kuehne&Nagel


Tin tức

How DSV grew into the world's biggest logistics firm

EXPLAINER-How DSV grew into the world's biggest logistics firm COPENHAGEN, Sept 13 (Reuters) - DSV DSV.CO is on the verge of becoming the world's biggest logistics firm after agreeing to buy Schenker, the logistics arm of German state rail operator Deutsche Bahn, for 14.3 billion euros ($15.85 billion). DSV, a logistics firm that started as a small enterprise of 10 truckers in 1976, has grown rapidly through a string of successful acquisitions - some larger than the company itself - in a crowded
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DSV to create global logistics giant with $15.9 bln Schenker takeover

CORRECTED-UPDATE 4-DSV to create global logistics giant with $15.9 bln Schenker takeover Corrects in paragraph 2 to say the combined group will be bigger than both DHL and Kuehne und Nagel, not just Kuehne und Nagel DSV to become world's biggest logistics company with Schenker acquisition Deal financed through equity raising and debt financing DSV to cut up to 1,900 Schenker jobs in Germany By Stine Jacobsen, Jacob Gronholt-Pedersen and Rachel More COPENHAGEN/BERLIN, Sept 13 (Reuters) - Denmark'
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Freight forwarder DSV buys Deutsche Bahn's Schenker for $15.9 billion

Freight forwarder DSV buys Deutsche Bahn's Schenker for $15.9 billion COPENHAGEN, Sept 13 (Reuters) - Denmark's DSV DSV.CO said on Fri day it has signed an agreement to buy Schenker, the German state rail operator Deutsche Bahn's logistics unit, for 14.3 billion euros ($15.85 billion) in a deal which could make it the world's biggest freight forwarder.
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Barclays weighs in on potential tariff risk for Europe if Trump wins

BUZZ-Barclays weighs in on potential tariff risk for Europe if Trump wins ** Barclays sees an up to high single-digit percent hit on European earnings if Donald Trump wins the U.S. presidential race and in the event of a full-blown trade war ** "A Trump win may raise concerns of a full-blown trade war," the British bank's strategists say in a note ** While the direct impact to potential U.S.
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Germany gives DSV a sweet deal on freight takeover

BREAKINGVIEWS-Germany gives DSV a sweet deal on freight takeover The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Pierre Briancon BERLIN, Sept 12 (Reuters Breakingviews) - Logistics giant DSV DSV.CO has managed to convince the German government that it shouldn’t pay too much for the jewel in the decaying crown of state-owned railway operator Deutsche Bahn.
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Denmark's DSV wins 14 billion-euro race for Deutsche Bahn's Schenker, sources say

UPDATE 1-Denmark's DSV wins 14 billion-euro race for Deutsche Bahn's Schenker, sources say Adds extraordinary board meeting in paragraph 4, unions' job fears in paragraph 5, reasons for sale in paragraph 8, details about DSV in paragraphs 7 and 9 BERLIN, Sept 11 (Reuters) - Danish logistics company DSV DSV.CO won the race to buy Schenker , the rail logistics arm of German state railway Deutsche Bahn, sources at the railway and at the German government said.
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Top of the Street: Heidelberg Materials, Deutsche Telekom, Big Yellow Group, European beverages and logistics

BUZZ-Top of the Street: Heidelberg Materials, Deutsche Telekom, Big Yellow Group, European beverages and logistics A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** HSBC downgrades Heidelberg Materials HEIG.DE to "hold" from "buy" as it expects weak pricing outlook in emerging markets and continued negative price/cost spread to lead to slow EBITDA progression ** UBS downgrades Deutsche Telekom DTEGn.DE to "neutral" from "buy" on valuation basis after the s
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JPM flags M&A opportunity for DSV and DHL as its top pick in European logistics

BUZZ-JPM flags M&A opportunity for DSV and DHL as its top pick in European logistics ** JPMorgan says it resumes coverage of the European logistics sector "just in time for most anticipated M&A as storm clouds gather on container shipping" ** JPM says it favours companies with strong competitive positions in industries that are difficult to enter and where they have pricing power, rating DHL DHLn.DE at "overweight" and InPost INPST.AS at "neutral" ** It also likes companies that are consolidatin
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Alcon, Rockwool, Zealand Pharma

EUROPE RESEARCH ROUNDUP- Alcon, Rockwool, Zealand Pharma Sept 10 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Alcon, Rockwool and Zealand Pharma, on Tuesday. HIGHLIGHTS * Alcon AG ALCC.S : RBC raises to outperform from sector perform * Maersk MAERSKb.CO : JP Morgan resumes coverage with underweight rating; target DKK 8,575 * Rockwool ROCKB.CO : HSBC raises target price to DKK 3,200 from DKK 3,100 * Wizz Air WIZZ.L : JP Morgan cu
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Shipping firms respond to Houthi attacks in Red Sea

FACTBOX-Shipping firms respond to Houthi attacks in Red Sea Updates with latest comments from Hapag-Lloyd Aug 14 (Reuters) - Attacks on vessels in the Red Sea by Iran-aligned Houthi militants have disrupted a shipping route vital to east-west trade, with prolonged rerouting of shipments pushing freight rates higher and causing congestion in Asian and European ports.
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Shipping firms respond to Houthi attacks in Red Sea

FACTBOX-Shipping firms respond to Houthi attacks in Red Sea Updates with fresh comment from Maersk Aug 1 (Reuters) - Attacks on vessels in the Red Sea by Iran-aligned Houthi militants have disrupted a shipping route vital to east-west trade, with prolonged rerouting of shipments pushing freight rates higher and causing congestion in Asian and European ports.
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Danish logistics co DSV rises on Q2 EBIT beat

BUZZ-Danish logistics co DSV rises on Q2 EBIT beat ** Shares in DSV DSV.CO rise about 4% after Danish logistics co reports second-quarter earnings above analysts' expectations ** DSV reports EBIT of DKK 4,099 mln ($595.90 mln), about 3% above co consensus, citing positive volume growth and stabilisation of profit in the air & sea division ** DSV ra
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B&M, LVMH, Ocado

EUROPE RESEARCH ROUNDUP-B&M, LVMH, Ocado July 24 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including B&M, LVMH and Ocado on Wednesday. HIGHLIGHTS * B&M BMEB.L : JP Morgan cuts target price to 469p from 471p * LVMH LVMH.PA : Jefferies cuts target price to EUR 690 from EUR 710 * Ocado OCDO.L : HSBC raises target price to 305p from 285p * SAP SE SAPG.DE : Jefferies raises target price to EUR 225 from EUR 210 * Tharisa Plc THST.L : Peel Hu
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Swiss stocks - Factors to watch on Wednesday, July 24

Swiss stocks - Factors to watch on Wednesday, July 24 ZURICH/GDANSK, Jul 24(Reuters) - Here are some of the main factors that may affect Swiss stocks on Wednesday: TEMENOS Swiss banking software firm Temenos lowered its guidance for 2024 on Tuesday, citing its half year-performance which was impacted by Hindenburg's short seller report. COMPANY STATEMENTS R&S GROUP RSGN.S R&S Group announces organic net sales growth of 15% and operating performance above expectations for HY.
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Freight group K+N second-quarter profit dip beats forecast

UPDATE 1-Freight group K+N second-quarter profit dip beats forecast Updates throughout with detail, company-provided consensus, quotes, share move By Anastasiia Kozlova and Amir Orusov July 23 (Reuters) - Swiss group Kuehne und Nagel KNIN.S on Tuesday reported a 23% drop in its second-quarter operating profit, beating expectations, and said it was ready for higher second-half demand after increased use of its Sea-Air Logistics service.
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Freight forwarder K+N second-quarter profit misses expectations

Freight forwarder K+N second-quarter profit misses expectations July 23 (Reuters) - Swiss logistics group Kuehne und Nagel KNIN.S reported a 23% drop in its second-quarter operating profit on Tuesday , missing market expectations, impacted by negative exchange rate effects and non-recurring restructuring costs. Its earnings before interest and taxes fell to 402 million Swiss francs ($452.24 million) in the second quarter from 523 million a year earlier, below the average analyst forecast of 409.
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Swiss stocks - Factors to watch on June 23

Swiss stocks - Factors to watch on June 23 ZURICH/GDANSK, July 23 (Reuters) - Here are some of the main factors that may affect Swiss stocks on Tuesday: GIVAUDAN GIVN.S Swiss fragrance and flavour maker Givaudan reported core earnings above analysts' expectations for the first half of 2024 on Tuesday, supported by a strong performance in its fragrance business in particular.
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Shipping firms respond to Houthi attacks in Red Sea

FACTBOX -Shipping firms respond to Houthi attacks in Red Sea Adds DSV, updates KUEHNE + NAGEL July 24 (Reuters) - Attacks on vessels in the Red Sea by Iran-aligned Houthi militants have disrupted a shipping route vital to east-west trade, with prolonged rerouting of shipments pushing freight rates higher and causing congestion in Asian and European ports.
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Maersk slides amid Gaza ceasefire hopes, ship delays at South Africa coast

BUZZ-Maersk slides amid Gaza ceasefire hopes, ship delays at South Africa coast Updates with potential ceasefire in Gaza ** Shares in shipping group A.P. Moeller Maersk MAERSKb.CO slide around 4% amid a ceasefire proposal in Gaza, with Hamas awaiting a response from Israel ** A potential ceasefire could put an end to the attacks in the Red Sea, and
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EQT, Kuehne acquire 35% stake in train and bus company Flix

UPDATE 2-EQT, Kuehne acquire 35% stake in train and bus company Flix Adds details in paragraph 2, aborted IPO plan in paragraph 7 By Alexander Hübner July 4 (Reuters) - Private equity firm EQT and investor Klaus-Michael Kuehne struck a deal to jointly acquire a 35% stake in bus and train services company Flix to fund its expansion, EQT said in a statement on Thursday.
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