FedEx takeover target TNT Express has posted a €27 million ($29.7 million) third quarter operating loss, nearly halving the €51 million loss in the year-ago period. “We remain focused on executing our outlook strategy to transform and turn TNT around,” TNT CEO Tex Gunning said. “2015 is a transition year for TNT. We expect to see year-on-year margin improvements from 2016 onwards.” During the three-month period, TNT’s revenues rose 2.3% to €1.7 ...

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