Air Freight & Logistics

This morning the highly followed Dow Jones Transportation Index is making a new 10 month high. Often when the transportation index makes a new high traders and investors will view this as a sign of economic strength. While the new high for the transports is occurring intra-day it is more important...

Below are the top air delivery & freight service stocks on the NYSE and the NASDAQ in terms of dividend yield. CH Robinson Worldwide Inc (NASDAQ: CHRW) has a dividend yield of 1.60%. CHRW's shares closed at $74.05 yesterday. Forward Air Corporation (NASDAQ: FWRD) has a dividend yield of 1.00%....

Shares of Active Power, Inc. (Nasdaq: ACPW) are currently down 7.3% at $2.36 per share during Tuesday afternoon trading. Today's trading range for shares of Active Power, Inc has been between $2.28 and $2.64 per share. The consensus price target of analysts covering the company's stock is $2.50 per...

Have you seen the latest reason that we should discount anything that is not up to analyst expectations? The Weather… Yes, the cold weather is being blamed for everything and investors are happy to give a pass on the latest datapoint. Just look at Fedex (FDX) today. It announced that their a...

Atlas Air Worldwide Holdings (NASDAQ: AAWW) reported 4Q10 EPS of $1.58, exceeding Dahlman Rose's estimate of $1.24 and the consensus estimate of $1.34. Revenue in the quarter grew by 11.9% due to a 29.7% increase in ACMI revenue. Total block hours flown during the quarter increased by 11.3% due to...

After the close, FedEx Corporation (NYSE: FDX) revised F3Q11 guidance to $0.70-0.90 from $0.95-1.15, citing severe weather and rising fuel prices, Morgan Stanley reports. “These network disruptions resulted in both lost revenue and higher costs in the quarter (roughly $0.25 according to management...

Sterne Agee is lowering its estimates on FedEx Corporation (NYSE: FDX). “We are lowering our 3Q and 2011 estimates by $0.25 from $1.06 and $5.20 to $0.81 and $4.95 due to weaker revenue (related to the storms) and increased operating costs (related to higher fuel costs),” Sterne Agee writes, adding...

J.P. Morgan continued its FedEx (NYSE: FDX) Overweight rating in a research report published today. In the report, J.P. Morgan states, "FDX's downside 3QF11 prereport was a bit worse than expected, but we believe that a weak quarter was broadly anticipated in light of the rise in jet fuel prices...

Yesterday after market close, Forward Air (NASDAQ: FWRD) reported 4Q10 EPS of $0.41, $0.04 above both Consensus and Piper Jaffray's estimate of $0.37. Ex a lower than expected tax rate, adjusted 4Q10 EPS was $0.38 - a one penny beat. Operating upside to expectations was driven mainly by core...

Deutsche Bank left its FedEx (NYSE: FDX) Buy rating and $136 price target unchanged in a research report published today. In the report, Deutsche Bank states, "Yesterday after the close, FDX announced FQ3 guidance of $0.70-0.90, down from $0.95-1.15 (ex LTL restructuring charges). We had previously...

FedEx (NYSE: FDX) lowered guidance today, citing weather concerns. UPS (NYSE: UPS) initially spiked lower in sympathy, but at last check was trading less than 2% lower from its prior price levels. FedEx Corporation (NYSE: FDX) today announced third quarter earnings have been negatively impacted by...

Forward Air Corporation (NASDAQ: FWRD) today reported results for the fourth quarter and year ended December 31, 2010. Operating revenue for the quarter ended December 31, 2010 increased 13.0% to $133.3 million from $118.0 million for the same quarter in 2009. Income from operations was $18.7...

FedEx Corporation (NYSE: FDX) today announced third quarter earnings have been negatively impacted by an estimated $0.25 per diluted share due to loss of revenue and increased expenses resulting from severe winter storms and higher-than-expected fuel prices. The company now expects as-adjusted...

KVH Industries Inc (NASDAQ: KVHI) shares moved up 4.78% to $13.15 at 10:30 am. The volume of KVHI shares traded was 765% higher than normal. KVHI reported 26% y/y surge in its full year 2010 revenue. Regeneron Pharmaceuticals Inc (NASDAQ: REGN) shares rose 6.12% to $37.47. The volume of REGN...

The UPS Store, (NYSE: UPS) today announced a collaboration with a franchisee lending program created by Franchise America Finance and The Bancorp Bank, a wholly owned subsidiary of The Bancorp, Inc. (NASDAQ: TBBK). The first franchise network in its category to receive funding through FAF and The...