-
ValuEngine Comments on Dollar Thrifty Valuation
Monday, July 25, 2011 - 9:22am | 147ValuEngine has published a research report on Dollar Thrifty (NYSE: DTG). In the report, ValuEngine wrote, "Based on available data as of Jul. 25, 2011, we believe that DTG should be trading at $60.78. This makes DTG 21.08% overvalued. Fair Value indicates what we believe the stock should be...
-
Earnings Expectations for the Week of July 25
Sunday, July 24, 2011 - 9:40am | 1439The earnings crunch continues this week even as the month of July winds to a close. Quarterly reports of note scheduled for the week include those from Netflix (NASDAQ: NFLX), United Parcel Service (NYSE: UPS), Exxon Mobil (NYSE: XOM), Starbucks (NASDAQ: SBUX), Merck (NYSE: MRK) and Dow Chemical (...
-
YRC Worldwide Announces Closing of Financial Restructuring Plan
Friday, July 22, 2011 - 3:06pm | 162YRC Worldwide Inc. (Nasdaq: YRCW) announced today it has successfully closed the financial restructuring plan announced April 29, completing the last remaining milestones. YRC Worldwide has: Issued new convertible notes for the infusion of $100 million in new capital. Increased liquidity by...
-
CORRECTION: Wells Fargo Downgrades Knight Transportation
Friday, July 22, 2011 - 12:24pm | 48An article published today by Benzinga stated that Wells Fargo downgraded Knight Transportation (NYSE: KNX) from Outperform to Market Perform today. The statement that Wells Fargo has downgraded Knight Transportation today is incorrect. The article has been removed from Benzinga.
-
Jefferies Reiterates Hold and PT of $48 on Landstar System
Friday, July 22, 2011 - 8:51am | 42Jefferies reiterated its Hold rating on Landstar System (NASDAQ: LSTR). At the same time, the rating agency left its price target on the company's stock unchanged at $48. On Thursday, LSTR closed the day at $46.87.
-
UPDATE: Piper Jaffray Raises PT on Landstar System from $49 to $53
Friday, July 22, 2011 - 8:44am | 172Piper Jaffray has published a report on Landstar System (NASDAQ: LSTR) raising the price target from $49.00 to $53.00. In the report, Piper Jaffray wrote, "Yesterday before the market LSTR reported 2Q11 EPS of $0.62 (+26.9% y-o-y) which was above Consensus $0.59 and our $0.58 estimate. Upside to...
-
UPDATE: J.P. Morgan Raising Price Target On Landstar
Friday, July 22, 2011 - 8:05am | 174J.P. Morgan Chase & Co. is out with a research report on Landstar (NASDAQ: LSTR) and is raising its price target to $54 from $53, and is keeping its Overweight rating after earnings. In a note to clients, J.P. Morgan Chase & Co. writes, "On Thursday morning LSTR reported strong, upside 2Q...
-
Ryder Appoints Dennis C. Cooke Senior Vice President, Chief of Operations, Fleet Management Solutions
Friday, July 22, 2011 - 8:01am | 87Ryder System, Inc. (NYSE: R) today announced that Dennis C. Cooke has joined Ryder's Fleet Management Solutions business segment as Senior Vice President and Chief of Operations, U.S. and Canada. In this role, reporting to Ryder President of Global Fleet Management Solutions Robert Sanchez, Mr....
-
Piper Jaffray Raises PT On Landstar To $53
Friday, July 22, 2011 - 6:25am | 26Piper Jaffray has raised the price target on Landstar (NASDAQ: LSTR) from $49 to $53 and maintains its Neutral rating.
-
JP Morgan Raises PT On Landstar to $54
Friday, July 22, 2011 - 6:07am | 26JP Morgan has raised the price target on Landstar (NASDAQ: LSTR) from $53 to $54 and maintains its Overweight rating.
-
Running of the Bulls 07-21-2011
Thursday, July 21, 2011 - 7:18pm | 886Cusick's Corner Major markets continue to be in full bull mode while the debt talks continue. The Volatility Index (VIX) is down to 17.56 (see Index Trading) because the latest earnings-reporting season has been mostly upbeat. Merger mania is on -- pharmacy benefits management company Express...
-
Dollar Thrifty Automotive Group Announces Pricing of $500 Million of Medium-Term Asset Backed Notes
Thursday, July 21, 2011 - 4:06pm | 139Dollar Thrifty Automotive Group, Inc. (NYSE: DTG) today announced that Rental Car Finance Corp. ("RCFC"), a special purpose Oklahoma corporation and wholly owned subsidiary of the Company, priced $500 million in aggregate principal amount of medium-term Series 2011-1 rental car asset backed notes....
-
Rally Broad-Based 07-21-2001
Thursday, July 21, 2011 - 3:48pm | 971Cusick's Corner Stocks are up on earnings and Europe appears closer to a Greek bailout plan. This rally is broad-based; all sectors are in the green with Financials, XLF, and Energy, XLE, leading the pack. See you After Hours. Stocks are broadly higher with help from earnings and diminishing...
-
C.H. Robinson Worldwide Earnings Preview: Analyts Expect Higher Earnings, Revenue from Prior Quarter
Thursday, July 21, 2011 - 1:43pm | 595C.H. Robinson Worldwide (NASDAQ: CHRW) releases its next round of earnings this Tuesday, July 26, 2011. Get the latest predictions in Benzinga's essential guide to the company's second quarter earnings report. Earnings and Revenue: Ahead of the company's earnings announcement, analysts are...
-
Dahlman Rose Comments on Werner Enterprises
Thursday, July 21, 2011 - 10:02am | 121Dahlman Rose has published a report on Werner Enterprises (NASDAQ: WERN) after 2Q11 estimates. In the report, Dahlman Rose wrote, "Werner reported 2Q11 EPS of $0.38, vs our and consensus estimate of $0.34. We note that the company benefited from larger-than-expected gains on sales of equipment of...