Deutsche Post Looks at Pulling Software as 2015 Forecast Hurt

Updated on
  • Freight-forwarding software charges total 345 million euros
  • Division considers using commercially available technology

Why Deutsche Bank Is Eliminating 2015, 2016 Dividends

Deutsche Post AG cut its 2015 profit forecast for the second time this year because of costs from a failed software project at its freight-forwarding unit that could result in the technology’s withdrawal. The stock fell the most in six weeks.

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