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

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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 2017 6 481 M
EBIT 2017 696 M
Net income 2017 447 M
Finance 2017 901 M
Yield 2017 1,47%
P/E ratio 2017 22,74
P/E ratio 2018 20,96
EV / Sales 2017 1,44x
EV / Sales 2018 1,37x
Capitalization 10 209 M
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Mean consensus HOLD
Number of Analysts 13
Average target price 54,5 $
Spread / Average Target -3,5%
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NameTitle
Jeffrey S. Musser President, Chief Executive Officer & Director
Robert R. Wright Independent Chairman
Richard H. Rostan President-Global Geographies & Operations
Bradley S. Powell CFO, Principal Accounting Officer & Senior VP
Christopher J. McClincy Chief Information Officer & Senior Vice President
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