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FedEx Jumps On Raised Outlook
Monday, July 26, 2010 - 10:26am | 71Shares of FedEx Corporation (NYSE: FDX) are rising after the company raised its projections. FDX’s shares moved up 4.23% to $82.30 at 9:57 am. The company has lifted its outlook for Q1 and full year. FedEx’s shares have risen 5.83% over the last week, while falling 5.12% so far this year. Read more...
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Copper Continues To Rise
Monday, July 26, 2010 - 9:17am | 128Copper is rising again, up another 2 cents so far in trading after Fedex (NYSE: FDX) announced today it is raising its outlook for fiscal year 2010. The past week copper has been extremely strong and I reiterate the way to play this is by buying the iPath Dow Jones UBS Copper ETF (NYSE: JJC) or...
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UPS, Boeing: Secrets of the Transport Winners
Monday, July 26, 2010 - 7:44am | 240ATLANTA (TheStreet) -- The recovery may be a hesitant one, but that has not kept well-positioned transport companies and their investors from benefitting. In this busy week of earnings reports, two airlines, JetBlue (Nasdaq: JBLU) and US Airways (NYSE: LCC), saw their shares rise 9% from Monday...
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Major Market Movers To Watch July 26th – 30th: Stocks, Commodities, Forex
Saturday, July 24, 2010 - 10:46pm | 2245Introduction Prior Week Bullish Market Movers US Earnings Week II EU Data UK Data Other Bearish Market Movers EU Non-Events –EU Bank Stress Tests Coming Week Bearish Bullish Conclusion-Downside Risk Greater, EU Banks Stress Tests Likely To Decide Near Term Market Direction Introduction...
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Major Market Movers To Watch July 26th – 30th: Stocks, Commodities, Forex
Saturday, July 24, 2010 - 10:46pm | 2245Introduction Prior Week Bullish Market Movers US Earnings Week II EU Data UK Data Other Bearish Market Movers EU Non-Events –EU Bank Stress Tests Coming Week Bearish Bullish Conclusion-Downside Risk Greater, EU Banks Stress Tests Likely To Decide Near Term Market Direction Introduction...
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15 COMPANIES WITH NO DEBT
Saturday, July 24, 2010 - 7:35pm | 3699For fun, I’ve taken Pragcap’s list of 15 companies with no debt and reproduced tables of Sabrient’s stock reports on these companies for further research. Click on the stock tickers in the tables for the pdf files. - Ilene 15 COMPANIES WITH NO DEBT Courtesy of The Pragmatic Capitalist In these...
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Stock Market News for July 23, 2010 - Market News
Friday, July 23, 2010 - 9:21am | 739The market looked down on Wednesday following the statement by the Fed Chairman that the economic outlook is “unusually uncertain." However, optimism returned yesterday riding on favorable corporate earnings and forecasts, better than expected news from the housing market and an upward move in...
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Piper Jaffray Raises Price Target on Forward Air (FWRD)
Friday, July 23, 2010 - 9:12am | 263Piper Jaffray is out with an analyst note this morning, where it reiterates its Neutral rating on shares of Forward Air (NASDAQ: FWRD); it also raised its price target on the stock to $34.00, from $31.00. The PJ analysts said, “FWRD reported 2Q10 EPS of $0.27 (vs. $0.10 a year ago) which compared...
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Top 4 Stocks In The Air Delivery And Freight Services Industry With The Highest Cash (UPS, FDX, EXPD, UTIW)
Friday, July 23, 2010 - 6:37am | 140Below are the top air delivery and freight service stocks on the NYSE and the NASDAQ in terms of cash. United Parcel Service Inc (NYSE: UPS) had $3.12 billion in total cash for the latest quarter. Meanwhile, UPS’ total debt amounted to $9.96 billion. FedEx Corporation (NYSE: FDX) had $1.95 billion...
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Top 4 NASDAQ Stocks In The Air Delivery And Freight Services Industry With The Highest ROE (CHRW, EXPD, ATSG, HUBG)
Friday, July 23, 2010 - 6:31am | 150Below are the top air delivery and freight service stocks on the NASDAQ in terms of return on equity. The trailing-twelve-month return on equity for CH Robinson Worldwide Inc (NASDAQ: CHRW) is 33.19%. Robert W Baird upgraded CHRW from “neutral” to “outperform.” The trailing-twelve-month return on...
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Forward Air Corporation Reports Second Quarter 2010 Results
Thursday, July 22, 2010 - 4:13pm | 248Forward Air Corporation (FWRD) today reported revenue, operating income, net income and diluted earnings per share for the second quarter and six months ended June 30, 2010. Operating revenue for the quarter ended June 30, 2010 increased 22.5% to $122.1 million from $99.7 million for the same...
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Top Performing Industries For July 22 (GSB, UPS, WWON, SMS)
Thursday, July 22, 2010 - 1:45pm | 220At 12:23 pm, the Dow gained 2.00% to 10,323.43, the broader Standard & Poor's 500 index moved up 2.16% to 1,092.72 and the NASDAQ composite index rose 2.34% to 2,238.42. The industries that are driving the market today are: Internet Service Providers: This industry jumped 11.65% by 12:23 pm....
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Overweight Rating for Hub Group (HUBG)
Thursday, July 22, 2010 - 1:16pm | 106Matthew S. Brooklier and Reena E. Krishnan, analysts at Piper Jaffray, have kept an Overweight rating for Hub Group (NASDAQ: HUBG), an asset-light freight transportation management company. The target price is at $38.00 and the stock has been trading at $32.00. The positive outlook comes mainly...
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Transports On The Move (IYT, UNP, UPS)
Thursday, July 22, 2010 - 10:43am | 158The Dow Transports are getting a boost today on the back of solid earnings from Union Pacific (NYSE: UNP) and UPS (NYSE: UPS). The iShares Dow Jones Transportation Average Index Fund (NYSE: IYT) is up $2.92, or 3.90%, to $77.70. Union Pacific this morning reported record earnings for its second...
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UPS 2Q Earnings Increase 71%, Revenue Up 13%
Thursday, July 22, 2010 - 7:53am | 132UPS (NYSE: UPS) today announced diluted earnings per share of $0.84 for the second quarter of 2010, a 71% jump over the adjusted earnings of the prior-year period. Global revenue increased 13%, generating a 57% increase in operating profit to $1.4 billion. On a reported basis, diluted earnings per...