Maersk Raises Guidance Again As Profit Returns

In the latest sign of a rebound in the container shipping industry, Denmark’s largest company A.P. Moeller-Maersk A/S (MAERSK-B.KO) Wednesday reported a return to profit in the first six months of the year, as expected, and raised its earnings expectations for the second time in as many months as a recovery in the global economy is driving better demand and freight rates.