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Logistics and express delivery company Deutsche Post DHL gets Asian boost in 3Q

from The Associated Press via The Washington Post

Mail, freight and express delivery company Deutsche Post DHL boosted earnings in the third quarter to $532 million on improved profit margins from cost controls, more Internet retailing business and growth in Asia. Much of the 70 percent increase in net profit from a year ago was due to the sale of a stake in Postbank to Deutsche Bank, the company said. Without Postbank effects net income rose 13 percent. more


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