Latest Uti Worldwide Inc (UTIW) Headlines
Shares of UTIW Down 26.7% Since Downtrend Call on Shares
Comtex SmarTrend(R) - Thu Mar 13, 11:09AM CDT
SmarTrend identified a Downtrend for UTi Worldwide (NASDAQ:UTIW) on January 28th, 2014 at $16.04. In approximately 1 month, UTi Worldwide has returned 26.68% as of today's recent price of $11.76.
Dividend Increases, New Shipping Rates, Closing of Public Offerings, and Price Movements - Analyst Notes on UPS, FedEx, CH Robinson Worldwide, UTi Worldwide, and XPO
PR Newswire - Mon Mar 10, 9:50AM CDT
Today, Analysts Review released its analysts' notes regarding United Parcel Service, Inc. (NYSE: UPS), FedEx Corporation (NYSE: FDX), C.H. Robinson Worldwide Inc. (NASDAQ: CHRW), UTi Worldwide Inc. (NASDAQ: UTIW), and XPO Logistics, Inc. (NYSE: XPO). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
Is UTi Worldwide (UTIW) Ready to Breakout? - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Fri Mar 07, 8:36AM CST
Is UTi Worldwide (UTIW) Ready to Breakout?
UTi Worldwide Has Returned 32.0% Since SmarTrend Recommendation (UTIW)
Comtex SmarTrend(R) - Thu Mar 06, 9:46AM CST
SmarTrend identified a Downtrend for UTi Worldwide (NASDAQ:UTIW) on January 28th, 2014 at $16.04. In approximately 1 month, UTi Worldwide has returned 31.98% as of today's recent price of $10.91.
Pre-Market Review of Top Gainers: Canadian Solar, Qihoo 360 Technology, Peregrine Pharma, Renren, and UTi Worldwide
PR Newswire - Wed Mar 05, 9:40AM CST
Editor Note: For more information about this release, please scroll to bottom.
UTi Worldwide CEO Comments on Refinancing
GlobeNewswire - Tue Mar 04, 3:57PM CST
Earlier today, UTi Worldwide Inc. (Nasdaq:UTIW) announced the closing of both of its previously announced private offerings. These offerings consist of $400 million aggregate principal amount of 4.50% Convertible Senior Notes due 2019 (the "Notes") and $175 million of 7.00% Convertible Preference Shares. The closing of these two offerings represents a significant step in completing the company's recapitalization plan.
UTi Worldwide Announces Closing of Offering of $400 Million 4.50% Convertible Senior Notes Due 2019 and $175 Million 7.00% Convertible Preference Shares
GlobeNewswire - Tue Mar 04, 9:21AM CST
UTi Worldwide Inc. (Nasdaq:UTIW) today announced that it has completed both of its previously announced private offerings, which consisted of $350 million aggregate principal amount of 4.50% Convertible Senior Notes due 2019 (the "Notes") and $175 million of 7.00% Convertible Preference Shares. The Company also granted the initial purchasers in the Notes offering an option to purchase up to an additional $50 million aggregate principal amount of the Notes, which option has been exercised in full, increasing the aggregate principal amount of the Notes to $400 million. The net proceeds of the offerings were approximately $555 million. The Company intends to use the net proceeds of the offerings to repay debt and for other general corporate purposes.
Nasdaq stocks posting largest volume increases
AP - Thu Feb 27, 5:05PM CST
NEW YORK (AP) — A look at the 10 biggest volume gainers on Nasdaq at the close of trading:
Weakness Seen in UTi Worldwide (UTIW): Stock Plunges 29.6% - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Thu Feb 27, 7:53AM CST
Shares of UTi Worldwide fell nearly 30% last session and also witnessed continuous downtrend in the past one-month time frame over 34%. So its time to keep a close watch on this firm in the near future and especially on earnings estimates following the recent slump.
Downgrade Alert for UTi Worldwide (UTIW)
Comtex SmarTrend(R) - Thu Feb 27, 7:00AM CST
UTi Worldwide (NASDAQ:UTIW) was downgraded from Outperform to Market Perform at Avondale today. The stock closed yesterday at $10.74 on volume of 10.7 million shares, above average daily volume of 346,000. UTi Worldwide has overhead space with shares priced $10.74, or 40.3% below the average consensus analyst price target of $18.00. UTi Worldwide shares should first meet resistance at the 200-day moving average (MA) of $15.95 and find additional resistance at the 50-day MA of $16.36.
UTi Worldwide Announces Pricing of $350 Million Convertible Senior Notes Due 2019
GlobeNewswire - Wed Feb 26, 9:30PM CST
UTi Worldwide Inc. (Nasdaq:UTIW) today announced that it has priced its private offering of $350 million aggregate principal amount of 4.50% Convertible Senior Notes due 2019 (the "Notes"). UTi Worldwide Inc. ("UTi") has also granted the initial purchasers in the offering an option to purchase up to an additional $50 million aggregate principal amount of the Notes. The Notes will mature on March 1, 2019, unless earlier converted, redeemed or purchased by UTi. UTi intends to use the net proceeds of the offering for general corporate purposes, including repayment of debt.
UTi Warns About Danger Of Defaulting On Its Debt
at The Street - Wed Feb 26, 5:37PM CST
UTi Worldwide Inc.'s stock tumbled by 25% Wednesday after it announced that it has breached certain debt covenants and is in danger of defaulting unless it carries out a recapitalization plan.
Nasdaq stocks posting largest percentage decreases
AP - Wed Feb 26, 5:07PM CST
NEW YORK (AP) — A look at the 10 biggest percentage decliners on Nasdaq at the close of trading:
INVESTORS ALERT: Shareholder Rights Law Firm Tripp Levy PLLC Announces Investigation of UTi Worldwide Inc. on behalf of Shareholders
PR Newswire - Wed Feb 26, 3:27PM CST
Tripp Levy PLLC, a leading securities and shareholder rights law firm that represents shareholders throughout the nation, announces that it is investigating claims on behalf of purchasers of UTi Worldwide Inc. ("UTi" or the "Company") (NASDAQ: UTIW) securities during the period between March 22, 2012 and February 25, 2014, inclusive (the Class Period").
Why UTI Worldwide (UTIW) Is Plunging Today
at The Street - Wed Feb 26, 12:29PM CST
UTi Worldwide (UTIW) plunges after the global supply chain management solutions company announced a refinancing plan and issued guidance well below analysts' expectations. The company announced it had breached some debt covenants and would need to...
UTi Worldwide to Host Update Conference Call on Wednesday, February 26, 2014
GlobeNewswire - Wed Feb 26, 5:30AM CST
UTi Worldwide Inc. (Nasdaq:UTIW) today announced that the company will host an investor conference call on February 26, 2014 at 5:00 a.m. PST (8:00 a.m. EST) to discuss recent developments contained within the Form 8-K it filed with Securities and Exchange Commission this morning.
UTi Worldwide Announces Private Offering of Convertible Notes
GlobeNewswire - Wed Feb 26, 5:13AM CST
UTi Worldwide Inc. (Nasdaq:UTIW) today announced that it plans to issue $350 million aggregate principal amount of Convertible Senior Notes due 2019 (the "Notes") in a private offering, subject to market and other conditions. UTi Worldwide Inc. ("UTi") expects to grant the initial purchasers in the offering an option to purchase up to an additional $50 million aggregate principal amount of the Notes. UTi intends to use the net proceeds of the offering for general corporate purposes, including repayment of debt.
Shares of UTIW Down 26.7% Since Downtrend Call on Shares
Comtex SmarTrend(R) - Thu Mar 13, 11:09AM CDT
SmarTrend identified a Downtrend for UTi Worldwide (NASDAQ:UTIW) on January 28th, 2014 at $16.04. In approximately 1 month, UTi Worldwide has returned 26.68% as of today's recent price of $11.76.
Dividend Increases, New Shipping Rates, Closing of Public Offerings, and Price Movements - Analyst Notes on UPS, FedEx, CH Robinson Worldwide, UTi Worldwide, and XPO
PR Newswire - Mon Mar 10, 9:50AM CDT
Today, Analysts Review released its analysts' notes regarding United Parcel Service, Inc. (NYSE: UPS), FedEx Corporation (NYSE: FDX), C.H. Robinson Worldwide Inc. (NASDAQ: CHRW), UTi Worldwide Inc. (NASDAQ: UTIW), and XPO Logistics, Inc. (NYSE: XPO). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
Is UTi Worldwide (UTIW) Ready to Breakout? - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Fri Mar 07, 8:36AM CST
Is UTi Worldwide (UTIW) Ready to Breakout?
UTi Worldwide Has Returned 32.0% Since SmarTrend Recommendation (UTIW)
Comtex SmarTrend(R) - Thu Mar 06, 9:46AM CST
SmarTrend identified a Downtrend for UTi Worldwide (NASDAQ:UTIW) on January 28th, 2014 at $16.04. In approximately 1 month, UTi Worldwide has returned 31.98% as of today's recent price of $10.91.
Pre-Market Review of Top Gainers: Canadian Solar, Qihoo 360 Technology, Peregrine Pharma, Renren, and UTi Worldwide
PR Newswire - Wed Mar 05, 9:40AM CST
Editor Note: For more information about this release, please scroll to bottom.
UTi Worldwide CEO Comments on Refinancing
GlobeNewswire - Tue Mar 04, 3:57PM CST
Earlier today, UTi Worldwide Inc. (Nasdaq:UTIW) announced the closing of both of its previously announced private offerings. These offerings consist of $400 million aggregate principal amount of 4.50% Convertible Senior Notes due 2019 (the "Notes") and $175 million of 7.00% Convertible Preference Shares. The closing of these two offerings represents a significant step in completing the company's recapitalization plan.
UTi Worldwide Announces Closing of Offering of $400 Million 4.50% Convertible Senior Notes Due 2019 and $175 Million 7.00% Convertible Preference Shares
GlobeNewswire - Tue Mar 04, 9:21AM CST
UTi Worldwide Inc. (Nasdaq:UTIW) today announced that it has completed both of its previously announced private offerings, which consisted of $350 million aggregate principal amount of 4.50% Convertible Senior Notes due 2019 (the "Notes") and $175 million of 7.00% Convertible Preference Shares. The Company also granted the initial purchasers in the Notes offering an option to purchase up to an additional $50 million aggregate principal amount of the Notes, which option has been exercised in full, increasing the aggregate principal amount of the Notes to $400 million. The net proceeds of the offerings were approximately $555 million. The Company intends to use the net proceeds of the offerings to repay debt and for other general corporate purposes.
Nasdaq stocks posting largest volume increases
AP - Thu Feb 27, 5:05PM CST
NEW YORK (AP) — A look at the 10 biggest volume gainers on Nasdaq at the close of trading:
Weakness Seen in UTi Worldwide (UTIW): Stock Plunges 29.6% - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Thu Feb 27, 7:53AM CST
Shares of UTi Worldwide fell nearly 30% last session and also witnessed continuous downtrend in the past one-month time frame over 34%. So its time to keep a close watch on this firm in the near future and especially on earnings estimates following the recent slump.
Downgrade Alert for UTi Worldwide (UTIW)
Comtex SmarTrend(R) - Thu Feb 27, 7:00AM CST
UTi Worldwide (NASDAQ:UTIW) was downgraded from Outperform to Market Perform at Avondale today. The stock closed yesterday at $10.74 on volume of 10.7 million shares, above average daily volume of 346,000. UTi Worldwide has overhead space with shares priced $10.74, or 40.3% below the average consensus analyst price target of $18.00. UTi Worldwide shares should first meet resistance at the 200-day moving average (MA) of $15.95 and find additional resistance at the 50-day MA of $16.36.
UTi Worldwide Announces Pricing of $350 Million Convertible Senior Notes Due 2019
GlobeNewswire - Wed Feb 26, 9:30PM CST
UTi Worldwide Inc. (Nasdaq:UTIW) today announced that it has priced its private offering of $350 million aggregate principal amount of 4.50% Convertible Senior Notes due 2019 (the "Notes"). UTi Worldwide Inc. ("UTi") has also granted the initial purchasers in the offering an option to purchase up to an additional $50 million aggregate principal amount of the Notes. The Notes will mature on March 1, 2019, unless earlier converted, redeemed or purchased by UTi. UTi intends to use the net proceeds of the offering for general corporate purposes, including repayment of debt.
UTi Warns About Danger Of Defaulting On Its Debt
at The Street - Wed Feb 26, 5:37PM CST
UTi Worldwide Inc.'s stock tumbled by 25% Wednesday after it announced that it has breached certain debt covenants and is in danger of defaulting unless it carries out a recapitalization plan.
Nasdaq stocks posting largest percentage decreases
AP - Wed Feb 26, 5:07PM CST
NEW YORK (AP) — A look at the 10 biggest percentage decliners on Nasdaq at the close of trading:
INVESTORS ALERT: Shareholder Rights Law Firm Tripp Levy PLLC Announces Investigation of UTi Worldwide Inc. on behalf of Shareholders
PR Newswire - Wed Feb 26, 3:27PM CST
Tripp Levy PLLC, a leading securities and shareholder rights law firm that represents shareholders throughout the nation, announces that it is investigating claims on behalf of purchasers of UTi Worldwide Inc. ("UTi" or the "Company") (NASDAQ: UTIW) securities during the period between March 22, 2012 and February 25, 2014, inclusive (the Class Period").
Why UTI Worldwide (UTIW) Is Plunging Today
at The Street - Wed Feb 26, 12:29PM CST
UTi Worldwide (UTIW) plunges after the global supply chain management solutions company announced a refinancing plan and issued guidance well below analysts' expectations. The company announced it had breached some debt covenants and would need to...
UTi Worldwide to Host Update Conference Call on Wednesday, February 26, 2014
GlobeNewswire - Wed Feb 26, 5:30AM CST
UTi Worldwide Inc. (Nasdaq:UTIW) today announced that the company will host an investor conference call on February 26, 2014 at 5:00 a.m. PST (8:00 a.m. EST) to discuss recent developments contained within the Form 8-K it filed with Securities and Exchange Commission this morning.
UTi Worldwide Announces Private Offering of Convertible Notes
GlobeNewswire - Wed Feb 26, 5:13AM CST
UTi Worldwide Inc. (Nasdaq:UTIW) today announced that it plans to issue $350 million aggregate principal amount of Convertible Senior Notes due 2019 (the "Notes") in a private offering, subject to market and other conditions. UTi Worldwide Inc. ("UTi") expects to grant the initial purchasers in the offering an option to purchase up to an additional $50 million aggregate principal amount of the Notes. UTi intends to use the net proceeds of the offering for general corporate purposes, including repayment of debt.
