-
4 Stocks with Leverage - Investment Ideas
Wednesday, November 17, 2010 - 7:00pm | 1474Think about the last time you stayed in a hotel. How much did you pay? How much did it actually cost the hotel to have you stay there that night? Sure, it cost a lot of money to build and furnish the room, but the company has already incurred those expenses. The actual incremental costs are low....
-
Company News for November 17, 2010 - Corporate Summary
Wednesday, November 17, 2010 - 9:33am | 719• Target's (NYSE: TGT) third quarter matched sales and earnings estimates, with earnings of $0.68 and revenues $15.61 billion • BJ's Wholesale Club (NYSE: BJ) posed third quarter results beating estimates by $0.07 at $0.43, on revenues up 4.9% YoY to $2.6 billion, in-line with expectations • Human...
-
Goldman Sachs Lowers Norfolk Southern PT To $59
Wednesday, November 17, 2010 - 9:01am | 113Goldman Sachs is adding Norfolk Southern (NYSE: NSC) to its Sell List “with 2.5% downside to our 12-month, $59 price target (from $62).” Goldman Sachs said that the key drivers of its relative Sell include (1) increased costs required to improve service levels that could limit margin upside...
-
Benzinga's Top Upgrades (ZION, CSX, BLK, GTLS)
Wednesday, November 17, 2010 - 7:59am | 146Zions Bancorporation (NASDAQ: ZION) was upgraded by Credit Suisse from "underperform" to "neutral." ZION's shares closed at $20.97 yesterday. Shares of Zions Bancorporation have surged 63.70% year-to-date. Goldman Sachs upgrade CSX Corporation (NYSE: CSX) from "sell" to "neutral." CSX's shares...
-
Goldman Sachs Upgrades CSX To Neutral
Wednesday, November 17, 2010 - 7:47am | 48Analysts at Goldman Sachs upgrade CSX Corporation (NYSE: CSX) from "sell" to "neutral." The target price for CSX is set to $63. CSX's shares lost 1.82% to close at $60.27 yesterday. More Analyst Ratings here
-
Goldman Sachs Downgrades NSC To Sell
Wednesday, November 17, 2010 - 7:11am | 51Analysts at Goldman Sachs downgrade Norfolk Southern Corp (NYSE: NSC) from "neutral" to "sell." The target price for NSC has been reduced from $62 to $59. NSC's shares lost 1.27% to close at $60.55 yesterday. More Analyst Ratings here
-
Company News for November 17, 2010 - Corporate Summary
Wednesday, November 17, 2010 - 4:23am | 719• Target's (NYSE: TGT) third quarter matched sales and earnings estimates, with earnings of $0.68 and revenues $15.61 billion • BJ's Wholesale Club (NYSE: BJ) posed third quarter results beating estimates by $0.07 at $0.43, on revenues up 4.9% YoY to $2.6 billion, in-line with expectations • Human...
-
More Downside Ahead For CSX (CSX)
Tuesday, November 16, 2010 - 10:55am | 77CSX Corporation (NYSE: CSX) is off 98 cents today, and there appears to be more downside ahead, given the negative tone of the market in recent trading days. The nearest level of support is the 50 day moving average, which is $59.64. Traders would be wise to avoid initiating a position until this...
-
CN Train Conductors in Canada Ratify 3-year Labor Contract
Tuesday, November 16, 2010 - 10:16am | 63CN (NYSE: CNI) announced today that members of the Teamsters Canada Rail Conference - Conductors, Trainmen and Yardmen (TCRC-CTY) have ratified four new collective agreements with the Company. The three-year labour contracts for approximately 2,700 CN conductors, yard-persons and traffic...
-
Union Pacific Gets Ridiculous Price Target (UNP)
Monday, November 15, 2010 - 1:27pm | 186Union Pacific (NYSE: UNP) received a nice upgrade this morning from Robert W. Baird. The firms sees Union Pacific trading to $120, which is roughly 30 percent higher from today's price of $92. Baird says Union Pacific remains its favorite rail company and sees sustainable margin improvement, a...
-
Company News for November 15, 2010 - Corporate Summary
Monday, November 15, 2010 - 9:33am | 805• Caterpillar (NYSE: CAT) announced plans to buy Bucyrus (NASDAQ: BUCY) for $8.6 billion, or $92 per share • EMC (NYSE: EMC) said it plans to buy Isilon (NASDAQ: ISLN) for $33.85 per share, or $2.25 billion • ArcelorMittal (NYSE: MT) said it is interested in buying Massey Energy (NYSE: MEE) • BHP...
-
Benzinga's Top Upgrades (RJET, KWK, CL, UNP)
Monday, November 15, 2010 - 7:33am | 153Republic Airways Holdings Inc (NASDAQ: RJET) was upgraded by Deutsche Bank from "hold" to "buy." RJET's shares closed at $8.09 on Friday. Shares of Republic Airways have gained 9.62% year-to-date. Goldman Sachs upgrade Quicksilver Resources Inc (NYSE: KWK) from "sell" to "neutral." KWK's shares...
-
Friday's Put/Call Ratio Leaders (FCS, RDS.A, SFY, SLM, UNP)
Friday, November 12, 2010 - 12:27pm | 85Here is a quick peek at stocks that have abnormally high daily put/call ratios today relative to their average…. 1. Fairchild Semiconductor (NYSE: FCS) 5,849 puts, 12 calls 2. Royal Dutch Shell (NYSE: RDS.A) 3,096 puts, 19 calls 3. Swift Energy (NYSE: SFY) 2,508 puts, 138 calls 4. SLM Corp. (NYSE:...
-
Deutsche Bank's Top Freight Picks
Thursday, November 11, 2010 - 8:23am | 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...
-
Union Pacific's Train Is Literally Leaving the Station
Tuesday, November 9, 2010 - 8:13am | 203If you held on to your Union Pacific Corporation (NYSE: UNP) shares, first discussed here on March 27, 2009 at a price of $43, during its summer doldrums, you're being rewarded, as the shares have powered ahead, taking out $80 and $90 resistance. In fact, if you bought at/near the $48.62 price,...