Air Freight & Logistics

Unless FedEx (FDX) and Apple (AAPL) have their facts wrong, today the iPad 2 will arrive at my door step.Since I passed on the iPad 1, this will be my first chance to play with something that I have no idea what I will ultimately end up interacting wit... Go to http://SwingTradingDaily.com for...

The iShares Dow Jones Transport ETF(NYSE: IYT) has rallied sharply higher from its March 15, 2011 pivot low at $88.90 a share. This morning the IYT is trading higher by 0.59 cents to $95.72 a share. The IYT has rallied higher by nearly $7.00 in just 12 trading sessions. At this time the IYT is...

According to J.P. Morgan, UTi Worldwide's (NASDAQ: UTIW) 4QF11 EPS was slightly below expectations driven by financial IT costs that were $2.6M in the quarter, and are expected to be an additonal $8-10M in F2012 without a clearly defined cost offset. J.P. Morgan reported that compensation cost was...

Jefferies has issued a report on their views following meetings with the management of FedEx Corp. (NYSE: FDX). According to the report, "FDX described the strongest pricing environment in years during our management meetings last Friday. We have increased conviction that estimates can go higher,...

On CNBC's Mad Money Lightning Round OT, Jim Cramer said that he likes Siliconware Precision Industries (ADR) (NASDAQ: SPIL), but he thinks that SPIL is a very speculative stock. He beleives that Jabil Circuit, Inc. (NYSE: JBL) is a better buy. Siliconware Precision Industries (ADR) (NASDAQ: SPIL)...

UTi Worldwide Inc. (NASDAQ: UTIW) reported F4Q11 EPS “$0.02 below consensus,” Jefferies reports. “The minor magnitude and cause of the miss was a general relief for the market,” Jefferies writes. “The timing of the freight cycle makes us more interested in asset-light names, and UTIW is also in...

Piper Jaffray is out with its report today on UTI Worldwide (NASDAQ: UTIW), raising its PT from $20 to $21. In a note to clients, Piper Jaffray writes, "We've raised our price target modestly from $20 to $21 which reflects a target P/E multiple of 19x (up from 18x as we believe that longer term...

Morgan Stanley is out with its report today on UTi Worldwide (NASDAQ: UTIW), maintaining Equal-weight. In a note to clients, Morgan Stanley writes, "We've noted that the UTIW turnaround story is interesting, but investors must take a long term view and be willing to tolerate volatility. F4Q11 EPS...

Altera Corporation (NASDAQ: ALTR) was upgraded by Citigroup from "hold" to "buy." ALTR's shares closed at $42.42 yesterday. Altera's PEG ratio is 1.00. Stifel Nicolaus upgraded UTi Worldwide Inc (NASDAQ: UTIW) from “hold” to “buy.” UTIW's shares closed at $18.90 yesterday. UTi Worldwide's PEG...

Morgan Keegan has lowered UTi Worldwide's (NASDAQ: UTIW) Price Target from $24.00 to $22.00. According to the report, "We lowered our quarterly estimates for fiscal 2012 given headwinds which will likely hamper margin expansion, bringing our FY12 to $0.88 from $0.99. We also lowered our FY13 to $1...

Morgan Keegan has lowered the price target on UTi Worldwide, Inc. (NASDAQ: UTIW) from $24 to $22 and maintains its Market Perform rating.

Accenture plc (NYSE: ACN) is projected to report its FQ2 EPS at $0.71 on revenue of $5.72 billion. Best Buy Co Inc (NYSE: BBY) is estimated to post its Q4 earnings at $1.85 per share on revenue of $16.29 billion. Oracle Corporation (NASDAQ: ORCL) is projected to report its FQ3 EPS at $0.49 on...

Park-Ohio Industries, Inc., a subsidiary of Park-Ohio Holdings Corp. (Nasdaq: PKOH), announced today that it had extended the consent deadline for its previously announced cash tender offer for its outstanding 8 3/8% Senior Subordinated Notes due 2014 and the related consent solicitation to amend...

Expeditors International of Washington Inc (NASDAQ: EXPD) was downgraded by RBC Capital from "outperform" to "sector perform." EXPD's shares closed at $48.33 yesterday. EXPD's PEG ratio is 1.76. Morgan Stanley downgraded Valspar Corporation (The) (NYSE: VAL) from “overweight” to “underweight.” VAL...

It has been a long time since the Industrial Revolution, a period of history that is most often discussed in high school history classes. Industrial stocks just aren't sexy in an era of iPads, search engines and streaming movies. Nor are industrials the flavor of the day when investors are...