Air Freight & Logistics

C.H. Robinson (NASDAQ: CHRW) reported 4Q10 EPS of $0.62, in line with Dahlman Rose's estimate and just shy of consensus estimate of $0.63. It joined most companies in the ground transportation industry that have reported 4Q10 earnings in providing a largely upbeat outlook for 2011. C.H. Robinson...

Analysts at RW Baird upgrade FedEx Corporation (NYSE: FDX) from “neutral” to “outperform.” The target price for FDX has been raised from $109 to $117. FDX shares fell 2.04% to close at $90.80 yesterday. More Analyst Ratings here

C.H. Robinson Worldwide Inc. (CHRW), one of the largest networks of motor carrier capacity in North America reported fourth quarter earning per share of 62 cents, at par with Zacks Consensus Estimate.  Earning per share increased 19.2% year-over-year from 52 cents in year-ago quarter driven by...

C.H. Robinson Worldwide Inc. (CHRW), one of the largest networks of motor carrier capacity in North America reported fourth quarter earning per share of 62 cents, at par with Zacks Consensus Estimate.  Earning per share increased 19.2% year-over-year from 52 cents in year-ago quarter driven by...

C.H. Robinson Worldwide Inc. (CHRW), one of the largest networks of motor carrier capacity in North America reported fourth quarter earning per share of 62 cents, at par with Zacks Consensus Estimate.  Earning per share increased 19.2% year-over-year from 52 cents in year-ago quarter driven by...

C.H. Robinson Worldwide Inc. (CHRW), one of the largest networks of motor carrier capacity in North America reported fourth quarter earning per share of 62 cents, at par with Zacks Consensus Estimate.  Earning per share increased 19.2% year-over-year from 52 cents in year-ago quarter driven by...

Credit Suisse is out with its report on UPS (NYSE: UPS), raising its price target from $76 to $85. In a note to clients, Credit Suisse writes, "4Q10 EPS a Solid Beat: UPS earned adjusted EPS of $1.08/shr in the fourth quarter, topping our estimate ($1.03) and consensus ($1.05). The implied 4Q10 EPS...

The iShares Dow Jones Transportation Index ETF(NYSE: IYT) has been on a roller coaster ride as over the past few weeks. Yesterday the IYT rallied sharply higher after a positive reaction to United Parcel Service Inc.(NYSE: UPS) earnings. On January 28, 2011, the IYT closed below its daily 50 moving...

• Corinthian Colleges (NASDAQ:COCO) reported Q2 EPS of $0.23, missing the Zacks Consensus Estimate by a penny. Revenues for the quarter rose 16.5% year-over-year to $482.8 million, well ahead of the Zacks Consensus Estimate of $463 million • Cummins (NYSE:CMI) reported Q4 EPS of $1.84, above the...

Markets rose to fresh new highs as positive economic data and strong earnings results from energy stocks led the rally.   The Dow closed above the 12,000 mark for the first time since June 2008 thanks to strong gains by Exxon Mobil (NYSE:XOM), Alcoa (NYSE:AA)  and Pfizer (NYSE:PFE). The blue-chip...

Goldman Sachs is out with its research report on the Americas this morning. Goldman Sachs upgraded its Quest Software (NASDAQ: QSFT) rating to Neutral from Sell, downgraded Nuance Communications (NASDAQ: NUAN) to Sell from Neutral, raised Pfizer's (NYSE: PFE) price target to $22 from $20, raised...

UPS (NYSE: UPS) delivered strong cost side and Domestic Package margin performance in 4Q10 and the results point to a continuing path of strong EPS growth in 2011. Rising pension expense and a currency translation headwind within their international business are sources of modest cost inflation...

Markets rose to fresh new highs as positive economic data and strong earnings results from energy stocks led the rally.   The Dow closed above the 12,000 mark for the first time since June 2008 thanks to strong gains by Exxon Mobil (NYSE:XOM), Alcoa (NYSE:AA)  and Pfizer (NYSE:PFE). The blue-chip...

• Corinthian Colleges (NASDAQ:COCO) reported Q2 EPS of $0.23, missing the Zacks Consensus Estimate by a penny. Revenues for the quarter rose 16.5% year-over-year to $482.8 million, well ahead of the Zacks Consensus Estimate of $463 million • Cummins (NYSE:CMI) reported Q4 EPS of $1.84, above the...

J.P. Morgan retained its C.H. Robinson Worldwide (NASDAQ: CHRW) Neutral rating in a research report published today. J.P. Morgan has previously given C.H. Robinson Worldwide an $85 price target. In the report, J.P. Morgan states, "CHRW's 4Q10 EPS was in line with consensus, and comments on January...