-
EXPD To Benefit From Strengthening Global Trade
Thursday, January 21, 2010 - 3:23pm | 132Analysts at Credit Suisse upgrade Expeditors International of Washington (NASDAQ: EXPD) from “neutral” to “outperform,” while raising their estimates for the company. The target price for EXPD has been raised from $35 to $42. The analysts say in their research note, “Recent strength in both import...
-
IYT: Transport Provides Clues to Recovery
Wednesday, January 13, 2010 - 6:50pm | 508Investors typically favor stocks and sectors that they view as somehow glamorous or sexy. This could mean high-flying tech stocks like Apple (AAPL) or Google (GOOG) or high-beta commodities and materials stocks like Freeport-McMoRan (FCX). Such an approach can be rewarding, but if you’re looking...
-
Company News for January 13, 2010 - Corporate Summary
Wednesday, January 13, 2010 - 10:20am | 149• Aetna (NYSE:AET) forecast "modestly lower" 2010 earnings from last years' adjusted $2.75 per share • Google (NASDAQ:GOOG) reported a "highly sophisticated and targeted attack," and warned it plans to end censorship of its China search service. Some reports suggested the company could shutter its...
-
UPS Set To Shine
Friday, January 8, 2010 - 4:00pm | 110Helane R. Becker, analyst at Jesup & Lamont, has maintained a Buy rating on United Parcel Service Inc. (NYSE: UPS) and increased its target price by $2.72 per share to $71.00 per share. UPS is a package delivery company that provides transportation, logistics and financial services in U.S. and...
-
Rails Breakout (CSX, UNP)
Friday, January 8, 2010 - 3:25pm | 123Shares of major railroads CSX Corporation (NYSE: CSX) and Union Pacific (NYSE: UNP) broke out to 52-week highs on Friday. CSX was trading up 5.46% to $52.69 while Union Pacific was up more than 3% to $68.15. The iShares Dow Jones Transportation Average Index Fund (NYSE: IYT) was also strong,...
-
Today's Upgrades: Part 2 (SUN, LVS, WYNN, TSO, INTC, UPS)
Monday, January 4, 2010 - 12:20pm | 203Here is a second batch of today's upgrades. Sunoco (NYSE: SUN) was moved from sell to hold at Deutsche Bank. Shares of SUN are 4.71% higher at $27.34. Las Vegas Sands (NYSE: LVS) was upgraded from a neutral to a buy at UBS, along with Wynn Resorts (NASDAQ: WYNN). Both of these stocks are on fire...
-
WSJ - Best Stock Mutual Fund of the Decade: CGM Focus (CGMFX)
Thursday, December 31, 2009 - 3:29pm | 1378I have not posted about investing maven Ken Heebner in quite a while; in fact until a reader asked me a question about him in one of the comments yesterday I had not looked at the portfolio holdings of CGM Focus (CGMFX) - his flagship find - in many months. Looking at his current holdings (well...
-
Fast Money Picks For December 30th (MMR, POT, FXA, FDX)
Tuesday, December 29, 2009 - 8:10pm | 135CNBC's Fast Money Pete Najarian thinks that investors should buy McMoRan Exploration Co. (NYSE: MMR) on Wednesday. McMoRan Exploration (MMR) jumped 6.83% today and closed at $8.45. Steve Grasso recommended buying Potash (NYSE: POT) on the dip. He thinks that the buying opportunity is below $108....
-
Retailers Expect Last Minute Shoppers To Boost Their Sales (UBS, MA, BKS, TGT, FDX)
Tuesday, December 22, 2009 - 12:29pm | 303The Wall Street Journal has reported that retailers are clueless about how well the season will end up as a storm hit the East Coast over the weekend pushing already-delayed holiday shopping even further. Michael Niemira, chief economist at the International Council of Shopping Centers, said that...
-
Transportation Sector Weekly Summary
Monday, December 21, 2009 - 3:05pm | 122The airlines sector was up 3.1% last week as it outperformed the S&P 500 that was down 0.4%. The airline sector is up by 30.4% year-to-date. Transportation companies meanwhile underperformed the market and were down 0.5% last week. Airline companies expect the revenues for December to be...
-
Shipping Giants Fedex (FDX) and UPS Play Santa
Monday, December 21, 2009 - 3:03pm | 271The holiday shipping rush is at its peak and giants UPS (NYSE: UPS) and FedEx (NYSE: FDX) are leaving no stone unturned to profit from it. UPS has hired about 50,000 seasonal workers to handle the extra volume this holiday season. About 1.2 million packages pass through on an average and peaks at 2...
-
FedEx (FDX) Guidance Conservative But Consistent
Friday, December 18, 2009 - 4:11pm | 115The focus is now on FedEx’s (NYSE: FDX) guidance for 2010 after a substantial pre-announced earnings beat. The guidance is conservative but in line with Barclays’ consensus view, especially for 2H2010. The stock has been given an Overweight rating and a price target of $98 compared to its current...
-
Index Futures Indicate Bullishness In Oracle And RIM (ORCL, RIMM, AMZN, NKE, FDX)
Friday, December 18, 2009 - 2:04pm | 208Technology giants Oracle (NASDAQ: ORCL) and Research In Motion (NASDAQ: RIMM) reported upbeat results this week. Oracle was driven by new software sales and company officials said that they expect sales to accelerate this quarter. Research In Motion reported that it had shipped a record breaking...
-
FedEx Corporation (FDX) Gets A Buy Rating
Friday, December 18, 2009 - 1:02pm | 117Analyst Helane R. Becker of Jesup & Lamont gives a Buy rating on the common shares of FedEx Corporation (NYSE: FDX) and their $100 price target. FedEx Corporation reported a second fiscal quarter EPS of $1.10 per share which is down 30% from last year’s $1.58 per share. The management has...
-
Here Are Some Setups To The Long Side
Friday, December 18, 2009 - 12:36am | 159Let's take a look at four different setups - I like these a lot, but need to see them come down a little more in price before I start pulling the trigger on them. Even so, these are definitely worth keeping an eye on. Atlas Air Worldwide Holdings (AAWW) China-Biotics (CHBT) Metlife (MET) SkyWest...