-
Expeditors Downgraded on Low Yields - Analyst Blog
Thursday, December 2, 2010 - 5:30pm | 495We are downgrading our long-term recommendation on Expeditors International of Washington's (EXPD), a third-party logistics provider, to Neutral from Outperform on contracting gross margins. Currently, the stock has a Zacks #3 Rank (Hold). The company's third quarter earnings surpassed the...
-
Dynamex Announces First Quarter 2011 EPS of $.14
Thursday, December 2, 2010 - 3:59pm | 79Dynamex Inc. (NASDAQ: DDMX), the leading provider of same-day delivery and logistics services in the United States and Canada, today announced net income of $1.4 million, or $0.14 fully diluted net income per share, for the FY 2011 first quarter compared to $3.0 million, or $0.31 fully diluted net...
-
Expeditors Downgraded on Low Yields - Analyst Blog
Thursday, December 2, 2010 - 12:13pm | 495We are downgrading our long-term recommendation on Expeditors International of Washington's (EXPD), a third-party logistics provider, to Neutral from Outperform on contracting gross margins. Currently, the stock has a Zacks #3 Rank (Hold). The company's third quarter earnings surpassed the...
-
UTi Worldwide Posts Mixed Results (UTIW)
Thursday, December 2, 2010 - 9:14am | 299UTi Worldwide Inc. (Nasdaq: UTIW) released financial results on Thursday morning that beat Wall Street earnings estimates, while missing revenue expectations. UTi Worldwide Inc announced that its 3rd quarter net income rose to $26.4 million, or 26 cents per share, up from $18 million, or 18 cents...
-
Technical Analysis and the Iron Condor Strategy
Wednesday, December 1, 2010 - 4:36pm | 1543As one step of the trading process, some traders will take a meticulous deep dive into chart patterns (and accompanying technical indicators) before opening any new positions. Others dismiss all technical analysis as irrelevant or even nonexistent. What makes one intangible “line” (a moving...
-
NASDAQ Stocks Hitting 52-Week Highs (CHRW, ALTR, EXPO, SNPS)
Wednesday, December 1, 2010 - 11:46am | 143C.H. Robinson Worldwide Inc (NASDAQ: CHRW) shares gained 2.14% to create a new 52-week high of $75.29. Analysts at Dahlman Rose initiated coverage of CHRW with a “hold” rating. Altera Corporation (NASDAQ: ALTR) shares moved up 3.68% to touch a new 52-week high of $36.38. Analysts at Barclays lifted...
-
Dahlman Rose Initiates Hold on C.H. Robinson Worldwide
Wednesday, December 1, 2010 - 10:42am | 112Dahlman Rose initiates coverage on C.H. Robinson Worldwide (NASDAQ: CHRW) with a Hold rating. In a note to clients, Dahlman Rose writes, "The stock is currently trading at around 27x consensus FY11 earnings expectations of $2.72 and 26.7x our estimate of $2.75, which is higher than the 19-24x...
-
Cyber Monday: Biggest Ever
Wednesday, December 1, 2010 - 10:19am | 113COMSCORE, Inc. (NASDAQ: SCOR) said that Cyber Monday surpassed $1 billion in sales, making it the largest online shopping day in history. For the holiday season-to-date, $13.55 billion has been spent online, a 13% increase over the same time frame last year. A few of the prime beneficiaries of...
-
Dahlman Rose Initiates Coverage On C.H. Robinson Worldwide (CHRW)
Wednesday, December 1, 2010 - 8:31am | 23Dahlman Rose initiates coverage on C.H. Robinson Worldwide (NASDAQ: CHRW) with a Hold rating.
-
Guy Adami Thinks Fedex Could Beat Estimates (FDX)
Tuesday, November 30, 2010 - 6:07pm | 48Guy Adami just said on CNBC's Fast Money that he would not be surprised to see FedEx (NYSE: FDX) beat estimates and raise guidance when it reports earnings on December 16. Shares of FDX closed at $91.12, a loss of 47 cents today.
-
Market Range-Bound 11-30-2010
Tuesday, November 30, 2010 - 5:19pm | 933Cusick's Corner Even though the market has been in a range, it's been full of intraday volatility. One way to participate in this kind of volatility in a mitigating fashion is to use spreads. Take a look at the JC Penny bear put spread that traded under the Bearish section -- this strategist is...
-
15 Stocks The Street Is Buying.
Tuesday, November 30, 2010 - 4:51pm | 200By far one of my best screens in determining who is buying what on the street! What you will find are those stocks that, among other variables that I use, 1) Gaining an increased amount of coverage by brokerage firms and analysts, and 2) Being upgraded on a regular basis. This is a good screen to...
-
Dynamex Inc. to Be Acquired by Affiliates of Greenbriar Equity Group for $237.8M
Tuesday, November 30, 2010 - 4:03pm | 78Dynamex Inc. (NASDAQ: DDMX) announced today it has accepted an increased offer to be acquired by an affiliate of Greenbriar Equity Group LLC for a price of $24.00 per share, or approximately $237.8 million. The price per share offered by Greenbriar matched the price per share included in a...
-
UPS: Slow And Steady (UPS)
Tuesday, November 30, 2010 - 3:03pm | 97United Parcel Service, Inc. (NYSE: UPS) continues to move higher, slow and steady, not sharply higher or sharply lower. Yesterday FedEx (NYSE: FDX) was upgraded at Credit Suisse and had its price target raised sharply higher, and UPS saw some follow through on that note. Traders can expect UPS to...
-
Atlas Air Worldwide Holdings, Inc. Promotes Michael T. Steen to Executive VP
Tuesday, November 30, 2010 - 9:06am | 44Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW) today announced the promotion of Michael T. Steen to Executive Vice President, effective December 1, 2010. In addition to his promotion, he will continue to serve as AAWW's Chief Commercial Officer.