Air Freight & Logistics

Park-Ohio Holdings Corp. (Nasdaq: PKOH) announces its conference call and webcast on Tuesday March 8 at 10:00 AM EST at http://www.pkoh.com

Goldman Sachs is previewing FedEx Corp.'s (NYSE: FDX) F3Q11. “FDX will report F3Q11 EPS on 3/17,” Goldman Sachs writes. “The company lowered 3Q guidance to $0.70-$0.90 from $0.95-$1.15 on 2/14 (fuel/weather). Given further fuel price headwinds and higher surcharges our FY11E/FY12E/FY13E EPS moves...

Piper Jaffray has a Neutral rating and a $79 price target on shares of C.H. Robinson (NASDAQ: CHRW). In a note to clients, Piper Jaffray writes, "Last Friday we hosted investor meetings with CHRW senior mgmt in Minneapolis. Mgmt reiterated CHRW's longer term plans to grow through (1) market share...

Merger activity increased last week with six new deals announced and five deals closing. You can find all the deals listed below in our Merger Arbitrage Tool that automatically updates itself during market hours. Deal Statistics: Total Number of Deals Closed in 2011 29 Total Number of Deals Not...

Medicis Pharmaceutical Corp (NYSE: MRX) jumped 21.88%to $31.47 at 10:00 am. MRX reported a 22.4% surge in its 2010 revenue. Globus Maritime Limited (NASDAQ: GLBS) shares advanced 13.22% to $8.99. GLBS declared a Q4 cash dividend of $0.16 per share. Nationwide Health Properties Inc (NYSE: NHP)...

F5 Networks Inc (NASDAQ: FFIV) was upgraded by BMO Capital from "market perform" to "outperform." FFIV's shares closed at $117.06 yesterday. FFIV's trailing-twelve-month operating margin is 27.73%. BofA/Merrill upgraded ARM Holdings plc (NASDAQ: ARMH) from "underperform" to "neutral.” ARMH's shares...

Morgan Keegan has upgraded Hub Group (NASDAQ: HUBG) from Market Perform to Outperform. Price target remains at $42.

Analysts at Morgan Keegan upgrade Hub Group Inc (NASDAQ: HUBG) from “market perform” to “outperform.” The target price for HUBG is set to $42. HUBG shares fell 1.13% to close at $34.27 yesterday. More Analyst Ratings here

Citi is reiterating its Buy rating and $110 PT on shares of FedEx Corporation (NYSE: FDX). “We believe the recent pullback is somewhat overdone as underlying package demand remains solid. While the risk to our call is that persistently high fuel prices cool the current economic expansion, we see...

Piper Jaffray, which raised its PT on shares of Expeditors International (NASDAQ: EXPD), is providing some color on the stock. “Yesterday before the market, EXPD reported 4Q10 EPS of $0.45 (+39.5% y-o-y) a penny above Consensus $0.44 but below our $0.46 estimate,” Piper Jaffray writes. “Ex a lower...

Expeditors International of Washington Inc (NASDAQ: EXPD) was downgraded by Credit Suisse from "outperform" to "neutral." EXPD's shares closed at $49.04 yesterday. EXPD's PEG ratio is 2.37. Needham downgraded Netflix Inc (NASDAQ: NFLX) from “hold” to “underperform.” NFLX' stock closed at $221.60...

Jefferies & Company has raised the price target on Expeditors International (NASDAQ: EXPD) from $53 to $55 and maintains its Hold rating.

Piper Jaffray has raised the price target on Expeditors International (NASDAQ: EXPD) from $53 to $54 and maintains its Neutral rating.

iPath S&P 500 VIX Short-Term Futures ETN (NYSE: VXX) traded 12.13% higher in the regular trading session today, and it added 1.14% in the after hours. S&P 500 recorded its biggest single day decline today, since the beginning of the year. Investors are worried about unrest in Libya, and...

Westport Innovations Inc. (NASDAQ: WPRT) today announced UPS's (NYSE: UPS) commitment for liquefied natural gas (LNG) trucks powered by Westport HD Systems. The new heavy-duty trucks will be used in interstate operations for the Ontario, California to Las Vegas, Nevada route. UPS plans to build...