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4-Traders Homepage  >  Equities  >  Nasdaq  >  Expeditors International of Washington    EXPD

Delayed Quote. Delayed  - 09/23 10:00:00 pm
50.87 USD   -0.06%
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EXPDTR INT WSHTON : Expeditors Receives Administrative Proceeding from Brazilian Ministry of Justice

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08/20/2010 | 10:20pm CEST

Expeditors International of Washington, Inc. (NASDAQ:EXPD), the international freight forwarding and logistics company, said that on August 17, 2010, the company and its Brazilian subsidiary, Expeditors Internacional do Brasil Ltda. (together, "Expeditors") received an Administrative Proceeding ("AP") from the Brazilian Ministry of Justice. The AP initiates a proceeding against Expeditors and one of its employees, alleging possible anti-competitive behavior contrary to Brazilian rules on competition. Expeditors intends to vigorously defend itself against the allegations. Should Expeditors be found to have committed an infringement against Brazilian anti-competition laws, it may result in material fines and penalties.

Expeditors International of Washington, Inc.
A.J. Tangeman, General Counsel, 206-674-3441


© Business Wire 2010
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Financials ($)
Sales 2016 6 060 M
EBIT 2016 694 M
Net income 2016 442 M
Finance 2016 650 M
Yield 2016 1,48%
P/E ratio 2016 20,99
P/E ratio 2017 19,90
EV / Sales 2016 1,41x
EV / Sales 2017 1,33x
Capitalization 9 210 M
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Expeditors International o Technical Analysis Chart | EXPD | US3021301094 | 4-Traders
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Mean consensus HOLD
Number of Analysts 16
Average target price 51,5 $
Spread / Average Target 1,2%
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Managers
NameTitle
Jeffrey S. Musser President, Chief Executive Officer & Director
Bob R. Wright Independent Chairman
Craig L. Wilwerding Senior Vice President-Global Business Operations
Bradley S. Powell Chief Financial Officer & Senior Vice President
Bret C. Backman Vice President-Research & Development
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