- Barrons.com•8 days ago
Dow Jones Global Indexes|Global Stock Markets Danish conglomerate A.P. Moller-Maersk is splitting itself in two, in a move that could unlock value for shareholders. Its two classes of shares (tickers:MAERSK.A.Denmark and MAERSK.B.Denmark) have surged about 18% since June 23, when the owner of Maersk Line, the world’s largest container-shipping company, appointed a new chief executive and tasked him with carrying out a strategic review. The share-price gains since the review was announced have gone some way to erasing the company’s conglomerate discount, a situation where a diversified group’s subsidiaries trade at a discount to their intrinsic value.
- The Wall Street Journal•8 days ago
Debt-ridden Hanjin Shipping will reach out to major European shipping companies as early as this week to tap interest for at least five of its vessels as it tries to raise funds to unload stranded cargo, ...
- Reuters•12 days ago
Missile attacks from Yemen on Western military craft risk spilling over into nearby busy sea lanes which could disrupt oil supplies and also other vital goods passing through the tense area, shipping and insurance sources say. While shipping companies have yet to divert ships, there are growing worries that any further escalation could hinder oil supplies and potentially lead to higher insurance costs for shipments. A ship insurance source said some ships coming into Yemeni ports were already switching off their tracking systems, which allow anyone to monitor their movements via the Internet, due to the violence in the country.
A.P. Møller - Mærsk A/S (MAERSK-B.CO)
Copenhagen - Copenhagen Delayed Price. Currency in DKK
|Day's Range||10,150.00 - 10,320.00|
|52wk Range||7,355.00 - 10,980.00|
|1y Target Est||N/A|
|P/E Ratio (ttm)||-143.61|
|Avg Vol (3m)||27,884|
|Dividend & Yield||N/A (N/A)|