ASAS

It was a rather weak interim update from CH Robinson on Tuesday, which pushed down its stock as much as 5.5% in after-hours trade.

Operating cash flow and working capital management were particularly poor in the first nine months of the year (page 12 here; check out the changes in receivables..).

Expect more from Premium on Wednesday.

Meanwhile, Seeking Alpha reports:

– Against what it calls a challenging backdrop, C.H. Robinson Worldwide (NASDAQ:CHRW) falls after posting operating income short of expectations ($168.2m vs. $179.3m consensus) for Q3.

– ...

Subscription Required

In order to view the entire article please either register an account and subscribe or login with a valid subscription below

Please Register

Please either or click register below to continue Register

COMMENTS 0