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Clark Holdings Inc. Reports Third Quarter EPS of $(0.11)
Tuesday, November 16, 2010 - 5:21pm | 54Clark Holdings Inc. (NYSE: GLA) today announced operating results for the 13 and 39 weeks ended October 2, 2010. Net loss attributable to Clark's common stockholders for the 13 weeks ended October 2, 2010 was $1,194,000 ($0.11 per diluted common share) compared to net income for the 13 weeks ended...
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UPS Making Big Bet On Holiday Season (UPS)
Tuesday, November 16, 2010 - 2:57pm | 83Despite the doldrums on Wall Street today, UPS (NYSE: UPS) is making a big bet on the holiday season, as it hires more than 50,000 workers to handle the influx of packages for the holiday season. UPS said it expects to handle 430 million packages between Thanksgiving and Christmas, with its busiest...
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UPS Nears Inflection Point (UPS)
Tuesday, November 16, 2010 - 12:33pm | 46United Parcel Service, Inc. (NYSE: UPS) is down another 75 cents today to $67.32, a loss of 1.1%. The next buy point for the stock becomes the $66, as the $67.80 level failed. UPS provides transportation, logistics, and financial services around the world.
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UPS CEO: Exports Key to Economic Rebound
Monday, November 15, 2010 - 2:18pm | 144A boost in exports is the catalyst that the U.S. economy needs to rebound, according to Scott Davis, UPS's (NYSE: UPS) chairman and CEO. “In my view, global trade is the quickest and surest way to accelerate global growth, create new jobs and improve living standards,” Davis said in remarks today...
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Romaine Seguin Named President of UPS Americas
Thursday, November 11, 2010 - 11:03am | 36UPS (NYSE: UPS) has appointed Romaine Seguin, a 27-year UPS veteran, its new president of the UPS Americas Region with responsibility for Canada, Latin America and the Caribbean.
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Deutsche Bank's Top Freight Picks
Thursday, November 11, 2010 - 9:23am | 75In Deutsche Bank's Freight Tracker published yesterday their 3 top picks were FedEx Corporation (NYSE: FDX), J.B. Hunt (NasdaqGS: JBHT), and Union Pacific (NYSE: UNP). FDX closed yesterday at $88.12. FDX also announced the opening of offices in Budapest, Prague, Madrid, Milan, and Antwerp. JBHT...
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UPS Creates Greater Positive Outlook For 2011
Thursday, November 11, 2010 - 8:26am | 158JP Morgan has published a research report on United Parcel Service (NYSE: UPS) after the company increased cash funding that reduces its 2011 pension expense risk, and is now more likely to engage in a large buyback. In the report, JP Morgan writes "Earlier this week UPS issued $2 billion of notes...
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J.P. Morgan Updates Price Targets on Freight Names (FDX, UTIW)
Wednesday, November 10, 2010 - 10:34am | 97J.P. Morgan is out with a research report this morning, where it establishes December 2011 price targets for FedEx Corporation (NYSE: FDX) and UTi Worldwide Inc. (NASDAQ: UTIW). The analysts placed a $112.00 price target on FDX, which is based on applying a 17x target P/E multiple to their...
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Zacks #1 Rank Additions for Wednesday - Tale of the Tape
Wednesday, November 10, 2010 - 9:33am | 351Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: Amer Natl BankShares Inc (AMNB) Arbor Realty Trust Inc (ABR) Atlas Air Worldwide Holdings Inc (AAWW) Baidu.com Inc (BIDU) Banco Santander-Chile ADR (SAN) View the entire Zacks #1 Rank List. ATLAS AIR WORLD (AAWW): Free Stock...
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Air T, Inc. Announces $10.5 Million Contract
Tuesday, November 9, 2010 - 12:31pm | 59Air T, Inc. (Nasdaq: AIRT) announced today that its wholly owned subsidiary, Global Ground Support, LLC, has been awarded a $10.5 million contract to supply deicer trucks and training simulators to the City of Charlotte. Global expects to deliver the first units under the contract in the current...
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What Can Brown Do For Your Portfolio? (UPS)
Monday, November 8, 2010 - 12:58pm | 237United Parcel Service, Inc. (NYSE: UPS) is down a bit this morning, as the broader market sells off in part due to European debt concerns. A technical look at UPS shows a beautiful uptrend since July, with a little volatility along the way, but that's fine for the world's premiere logistics company...
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FedEx Corp. Board Declares Quarterly Dividend of $.12
Monday, November 8, 2010 - 10:03am | 47The Board of Directors of FedEx Corporation (NYSE: FDX) today declared a quarterly cash dividend of $0.12 per share on FedEx Corporation common stock. The dividend is payable December 17, 2010 to stockholders of record at the close of business on November 22, 2010.
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Air T Reports Unaudited Second Quarter EPS of $.22
Friday, November 5, 2010 - 11:31am | 69Air T, Inc. (Nasdaq: AIRT) today reported consolidated net earnings of $546,000 ($0.22 per diluted share) for fiscal 2011's second quarter ended September 30, 2010, compared to consolidated net earnings of $847,000 ($0.35 per diluted share) for the prior year second quarter. The Company also...
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Zacks #1 Rank Additions for Friday - Tale of the Tape
Friday, November 5, 2010 - 9:33am | 299Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: Akorn Inc (AKRX) Atlas Air Worldwide Holdings Inc (AAWW) Bio-Rad Laboratories Inc (BIO) Black Box Corp (BBOX) C&F Financial Corp (CFFI) View the entire Zacks #1 Rank List. ATLAS AIR WORLD (AAWW): Free Stock Analysis...
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Pacer International Skids On Q3 EPS Miss (PACR)
Wednesday, November 3, 2010 - 5:08pm | 69Shares of Pacer International (NASDAQ: PACR) are trading sharply lower down 6% in after hours trading following Q3 EPS release. The numbers came in 3c vs. 9c consensus. Revenue came in $364.8m vs. 427.61 mil consensus. Pacer shares closed down .77% on the day down 4 cents to 5.15 on above average...