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Brink's Expects Results to Be Hit by Diamond Robbery

The Brink's Co. (BCO) said it expects its first-quarter results to be significantly impacted by an armed robbery in Brussels, in which an unconfirmed amount of diamonds were taken.According to the security and business-management company, on Monday an armed gang attacked a Switzerland-bound plane at the airport in Brussels, Belgium, and stole the diamonds, a portion of which was being shipped by Brink's.The total loss exposure hasn't been verified, while the loss exposure for Brink's hasn't been disclosed. The company said it has an insurance program in place to cover its lossesBrink's also said it has notified all of its customers affected by the robbery, who will be reimbursed promptly for all confirmed losses.In a statement, Brink's said it is "working with customers and the authorities to resolve all outstanding issues relating to this incident as quickly as possible."The company underscored that the robbery doesn't materially affect its full-year profit forecast.The security compa...

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