|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||56.27 - 56.64|
|52 Week Range||40.47 - 58.24|
|Beta (5Y Monthly)||0.81|
|PE Ratio (TTM)||35.22|
|Forward Dividend & Yield||0.18 (0.32%)|
|Ex-Dividend Date||Mar 16, 2020|
|1y Target Est||N/A|
European shares clocked their best day in over a week on Friday, as upbeat jobs data from the United States and a surprise bounce in Chinese manufacturing tempered nerves around slowing global growth. U.S. job growth slowed less than expected in October, while a private business survey indicated that China's factory activity unexpectedly expanded at the fastest pace in more than two years last month. The latest data out of China is in contrast to an official survey published on Thursday, which had factory activity shrinking for the sixth straight month in October.
European shares ended flat on Wednesday, as gains for the defensive real estate and utilities sectors were countered by losses in luxury good makers, with caution prevailing ahead of the U.S. Federal Reserve's interest rate decision. After flitting between small gains and losses during the session, the pan-European STOXX 600 closed with a tiny 0.02% gain as investors awaited the U.S. central bank's monetary policy statement due at 1800 GMT. With a rate cut from the U.S. central bank near-certain investors will be focussed on forward guidance, as policymakers are deeply divided on the need for further easing amid improving U.S. economic data.
International freight forwarding and logistics company Panalpina Welttransport (U.S. OTC: PLWTF) reported 0.64 (Swiss Francs, or CHF) per share in earnings for the second quarter of 2019 compared to 0.84 CHF for the same period last year and well below Seeking Alpha's consensus estimate of 0.92 per share. "After it was announced that Panalpina and DSV would join forces, our competitors went more aggressively after our business in the second quarter, but we stood our ground. The decrease in gross profit was chiefly the result of lower margins in air freight and lower volumes from the automotive sector, which shifted into reverse gear.
COPENHAGEN/ZURICH (Reuters) - Swiss logistics group Panalpina has bowed to an increased 4.6 billion Swiss francs (3.52 billion pounds) bid from Danish rival DSV, ending a more than two month takeover battle designed to build scale in the consolidating transport sector. DSV, whose Chief Executive Jens Bjorn Andersen has been on the hunt for targets to broaden his company's global reach and help cut costs, said on Monday Panalpina had accepted an all-share offer of 2.375 DSV shares for each Panalpina share. Shares in DSV rose 2.5 percent in early trade while Panalpina shares jumped 15 percent.
If you are currently a shareholder in DSV A/S (CPH:DSV), or considering investing in the stock, you need to examine how the business generates cash, and how it is reinvested.Read More...