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Dahlman Rose Comments on Werner Enterprises
Thursday, July 21, 2011 - 9:02am | 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...
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Bank of America Reiterates Neutral and PT of $28 on Werner Enterprises
Thursday, July 21, 2011 - 8:34am | 48Bank of America reiterated its Neutral rating on Werner Enterprises (NASDAQ: WERN). At the same time, the rating agency left its price target on the company's stock unchanged at $28. In today's trading, WERN added 2.72% to its value to trade around $25.50.
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Piper Jaffray Raises PT On Werner Enterprises To $32
Thursday, July 21, 2011 - 7:14am | 27Piper Jaffray has raised the price target on Werner Enterprises (NASDAQ: WERN) from $31 to $32 and maintains its Overweight rating.
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Deutsche Bank Comments On Werner Q2 EPS
Thursday, July 21, 2011 - 7:01am | 110According to Deutsche Bank, Werner Enterprises (NASDAQ: WERN) reported Q2 EPS of $0.38/share above both the estimate of $0.35/share and Consensus of $0.34. Deutsche Bank said that the beat was driven by $0.03/share of greater-than-expected gains on sales of used equipment as it had been far too...
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JP Morgan Raises PT On Werner To $29
Thursday, July 21, 2011 - 5:59am | 27JP Morgan has raised the price target on Werner Enterprises (NASDAQ: WERN) from $28 to $29 and maintains its Overweight rating.
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Ryder Increases Quarterly Cash Dividend $0.29 from $0.27
Wednesday, July 20, 2011 - 4:31pm | 73The Board of Directors of Ryder System, Inc. (NYSE: R) today declared a regular quarterly cash dividend of $0.29 per share of common stock, to be paid on September 16, 2011, to shareholders of record on August 22, 2011. The dividend reflects a $0.02 increase from the $0.27 cash dividend Ryder had...
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Deutsche Bank Reiterates Hold on Heartland Express, Reduces PT to $17
Wednesday, July 20, 2011 - 6:35am | 59Deutsche Bank reiterated its Hold rating on Heartland Express (NASDAQ: HTLD). At the same time, the rating agency reduced its price target on the company's stock from $18 to $17. On Tuesday, HTLD lost 1.93% of its value to end the day at $16.30. Its shares continued to slide in today's pre-market...
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JP Morgan Lowers PT On Heartland Express To $16
Wednesday, July 20, 2011 - 5:52am | 27JP Morgan has lowered the price target on Heartland Express (NASDAQ: HTLD) from $17 to $16 and maintains its Neutral rating.
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Deutsche Bank Lowers PT On Heartland Express To $17
Wednesday, July 20, 2011 - 5:30am | 27Deutsche Bank has lowered the price target on Heartland Express (NASDAQ: HTLD) from $18 to $17 and maintains its Hold rating.
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Heartland Reports EPS of $0.25 vs $0.21 Est; Revenues $137.2M vs. $143.5M Est
Tuesday, July 19, 2011 - 9:46am | 320Heartland Express, Inc. (Nasdaq: HTLD) announced today financial results for the quarter ended June 30, 2011. Operating revenues for the quarter increased 7.7% to $137.2 million from $127.4 million in the second quarter of 2010. Net income was $22.5 million compared to $16.7 million in the 2010...
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Con-way Freight Announces 2011 General Rate Increase of 6.9%
Monday, July 18, 2011 - 3:16pm | 91Con-way Freight, the nationwide less-than-truckload carrier of Con-way Inc. (NYSE: CNW), announced today that it will institute a general rate increase averaging 6.9 percent applicable to non-contractual business effective August 1. The rate increase will be implemented for customers on the...
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Calls Purchased on Hertz Global Holdings
Friday, July 15, 2011 - 12:11pm | 121Shares of Hertz Global Holdings (NYSE: HTZ) are higher on the session by 0.07%, currently trading at $14.93. The stock has been moving largely higher over the past six months and is currently trading above the 200-day moving average. Options traders are buying calls on the name today. A short...
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Patriot Transportation Holding Announces Execution of a Letter of Intent for JV With MidAtlantic Realty Partners
Friday, July 15, 2011 - 9:23am | 207Patriot Transportation Holding, Inc. (NASDAQ: PATR) today announced its execution of a Letter of Intent with MidAtlantic Realty Partners, LLC. for the formation of a Joint Venture to develop the first phase of the four-phase Master Development known as RiverFront on the Anacostia in Washington, D.C...
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BMO Reiterates Market Perform and PT of $51 on JB Hunter Transport Services
Friday, July 15, 2011 - 8:14am | 43BMO reiterated its Market Perform rating on JB Hunter Transport Services (NASDAQ: JBHT). At the same time, BMO left its price target on the company's stock unchanged at $51. On Thursday, JBHT closed the day at $47.71.
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UPDATE: Morgan Keegan Lowers PT on Vitran to $15
Friday, July 15, 2011 - 8:04am | 96Morgan Keegan is out with its report today on Vitran (NASDAQ: VTNC), lowering its PT from $20 to $15. In a note to clients, Morgan Keegan writes, "Taking into account our revised 2012 estimates, we are lowering our price target to $15 from $20 per share. We continue to rate shares of VTNC...