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AP Moeller - Maersk A/S

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  • *A.P. MOLLER-MAERSK down 10 pct on dividend pay. LONDON, March 31- European shares extended gains on Tuesday and headed for their best quarterly performance in several years, with Kingfisher leading the market higher after announcing it planned to sell about 60 B&Q stores in Britain. Shares in Europe's biggest home-improvement retailer were up nearly 5 percent...

  • COCOLI, Panama, March 26- As it enters the final stretch of a massive expansion, the Panama Canal Authority is setting its sights on an even more ambitious project worth up to $17 billion that would allow it to handle the world's biggest ships. It is being headed by Italy's Salini Impregilo and Spain's Sacyr, and should open on April 1, 2016. "Looking at our geology and...

  • Maersk Line in major container order with China's COSCO Thursday, 26 Mar 2015 | 9:19 AM ET

    COPENHAGEN, Denmark— Maersk Line says it has ordered seven ice-class container vessels from Chinese shipyard COSCO as a first step in a $15 billion investment program. The Copenhagen- based company said Thursday it needs new vessels to "grow with the market," and expects to announce more orders this year. Maersk Line is part of shipping and oil group A.P....

  • Europe ends in the green; Vodafone up 5.3% Tuesday, 11 Nov 2014 | 11:39 AM ET

    European stocks ended the day in the green on Tuesday afternoon, after fluctuating throughout in the day.

  • Europe ends higher on earnings, Moller-Maersk up 5% Tuesday, 19 Aug 2014 | 12:21 PM ET

    European shares closed higher on Tuesday, boosted by easing tensions in Ukraine and stellar earnings reports.

  • Is all hope lost for container shipping? Wednesday, 18 Jun 2014 | 6:54 PM ET
    A worker operates a forklift among containers at a shipping terminal in Yokohama City, Kanagawa Prefecture, Japan.

    China's rejection of a game changing container shipping alliance has deepened pessimism in an industry plagued by overcapacity, analysts say.

  • Europe shares close higher; Iraq remains in focus Tuesday, 17 Jun 2014 | 12:50 PM ET

    European shares closed higher on Tuesday, bouncing back from Monday's losses.

  • Maersk gives up ship pooling plan, shares tumble Tuesday, 17 Jun 2014 | 12:08 PM ET

    A.P. Moller-Maersk said on Tuesday it had dropped its ship pooling plan after China's Ministry of Commerce announced it had not approved it.

  • Europe closes slightly up; central banks in focus Wednesday, 21 May 2014 | 11:34 AM ET

    European shares closed slightly up on Wednesday, after wavering throughout the day, as investors looked towards central bank policy.

  • Moller-Maersk posts forecast-beating profit Wednesday, 21 May 2014 | 2:40 AM ET
    Shipping container trucks at the port in Long Beach, Calif.

    Danish shipping and oil group Moller-Maersk reported a first-quarter net profit above forecast thanks to doubling of profit in container shipping business Maersk Line.

  • Russia sanctions: Who’s losing out so far Monday, 24 Mar 2014 | 11:17 AM ET

    The sanctions taken against Russia by the West over its annexation of Crimea are already having an impact.

  • Europe stocks close down on Fed mixed signals Wednesday, 13 Nov 2013 | 11:30 AM ET

    European equities closed lower on Wednesday as investors continued to fret over mixed signals from U.S. Federal Reserve officials.

  • Moller-Maersk ups outlook as profit beats Tuesday, 12 Nov 2013 | 8:34 AM ET

    Danish shipping group delivered better-than-expected net profit and raised earnings outlook for the year on stronger Asia growth.

  • Three top stocks as European rally stalls: Pro Tuesday, 5 Nov 2013 | 2:30 PM ET
    Expect Europe to be 'flattish': Pro

    "We are expecting the market to go through a consolidation phase," Katrina Dudley of Franklin Templeton.

  • Business eyes a 3-way ocean shipping armada Saturday, 2 Nov 2013 | 7:00 AM ET
    CMA CMG shipping.

    The world's three largest ocean carriers are forming an "alliance" on the trade routes connecting the world's three biggest economic centers.

  • Moller-Maersk ups outlook as profit beats Friday, 16 Aug 2013 | 2:31 AM ET

    Shipping group Moller-Maersk delivered better-than-expected earnings on Friday and lifted its profit target, but the group's CEO warned that the outlook for container shipping remained challenging.

  • Europe Shares Close at Record Highs on Autos Rally Friday, 17 May 2013 | 12:03 PM ET

    European stocks closed higher after volatile trade on Friday, boosted by a rally in the auto sector. The pan-European FTSEurofirst 300 closed provisionally at a new 5-year closing peak.

  • Moller-Maersk CEO: No Need for New Capacity Friday, 17 May 2013 | 3:50 AM ET

    The chief executive of the world's largest container shipping company Moeller-Maersk told CNBC that the company would not order any new ships this year and it had idled 28 vessels around the world this year.

  • 'Significant Growth' in Asia-Europe Trade: Maersk CEO Thursday, 18 Apr 2013 | 12:00 PM ET
    Limossol Port, Cyprus

    The routes are getting investment from shippers, said Maersk CEO Nils S. Andersen.

  • Maersk Warns of Over-Capacity Risk in 2013 Sunday, 3 Mar 2013 | 11:03 PM ET
    West Coast Wrap: Port of Los Angeles

    Over-capacity in the global container ship market will continue to provide a drain on profit growth in 2013, according to Maersk CEO of North Asia, Tim Smith