Danish logistics firm AP Moller-Maersk A/S reported on Thursday that it had swung to a loss in its fourth quarter due to weak revenues. Separately, the company said it has decided to terminate the fifth phase of the share buy-back program of 11 billion Danish kroner or around $1.6 billion, with immediate effect. The lead manager, Skandinaviska Enskilda Banken AB's mandate to purchase shares on behalf of the company has been withdrawn. Further, in line with its global integrator strategy, AP Moll

Related Keywords

Denmark , Copenhagen , Køavn , Danish , Skandinaviska Enskilda Banken , Svitzer Group , Maersk , Nasdaq Copenhagen , Moller Maersk , Danish Kroner , Fourth Quarter , Logistics Firm ,