Trucking

Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Thursday's trading session: 1) Walter Investment Company (NYSE: WAC): Shares of Walter Investment hit a 52-week...

Hertz Global Holdings (NYSE: HTZ) today announced that the Company's $474,745,000 aggregate principal amount outstanding of 5.25% Convertible Senior Notes Due 2014 will continue to be convertible by holders of the Notes. This conversion right has been triggered because the Company's closing common...

Hertz Global Holdings, Inc. (NYSE: HTZ) announced that Hertz Equipment Rental Corporation has acquired WGI Rentals, headquartered in Williston, ND. "We're excited to be expanding our Equipment Rental business into the North Dakota marketplace," commented Hertz President, Mark P. Frissora. "With...

Cusick's Corner Window dressing -- the grind to the upside could be a combination of some end of the quarter window dressing with a twist of shorts being squeezed. The market has again held critical support, 1256 on the S&Ps, and found legs to bounce, plus Tech is leading again. Now I take...

YRC Worldwide (NASDAQ: YRCW) is trading higher on today's session. At the time of posting, shares of YRCW were at $1.54, up 37% from Friday''s close. Benzinga called-out to the company, in which they declined to comment on the spike in share price. Benzina will keep you informed on any further...

Shares of Arkansas Best Corporations (NASDAQ: ABFS) are higher on the session by 0.77%, currently trading at $22.87. The stock has been moving largely lower over the past five months and is currently trading below the 200-day moving average. Options traders are buying calls on the name today. A...

Quality Distribution (Nasdaq: QLTY) announced today that it has filed a shelf registration statement on Form S-3 with the U.S. Securities and Exchange Commission to offer to the public from time to time in one or more offerings up to $35.0 million of securities, which may be in form of debt or...

Shares of YRC Worldwide Inc. (NASDAQ: YRCW) are higher on the session by 18.07%, trading at $0.899. Overall call volume is now running at 5.23x the daily average, with 20% of all calls traded being purchases on the offer. 11,656 contracts have traded on the session so far. YRC Worldwide Inc. is...

Cusick's Corner I am writing this into today's Fed number so I will be brief. Unless there is a major shift in policy language or lack of unanimous agreement, the market looks ready to challenge to the upside. In other words, I will be watching to see if dips are being bought or if we just run to...

Citi is out with its report today on Arkansas Best (NASDAQ: ABFS), reiterating Buy. In a note to clients, Citi writes, "We reiterate our Buy rating and $28 price target, but note that a favorable outcome in its lawsuit could provide additional value which is not factored into its share price. With...

FedEx Corporation (NYSE: FDX) shares are higher today, gaining 2%, but the real action will come tomorrow, when the Memphis-based company reported earnings. FedEx, led by CEO Fred Smith, is expected to report earnings of $1.72 per share on $10.72 billion in revenues. This is up from last year,...

Here are today's Put/Call Ratio leaders… 1. IntraLinks Holdings (NYSE: IL) 10,041 puts, 28 calls 2. Overseas Shipholding Group (NYSE: OSG) 3,156 puts, 203 calls 3. Cardinal Health (NYSE: CAH) 3,558 puts, 286 calls 4. Spectrum Pharmaceuticals (NASDAQ: SPPI) 2,580 puts, 239 calls 5. Dollar Thrifty...

The Hertz Corporation (NYSE: HTZ) announces its participation in assisting victims of recent natural disasters throughout the United States by supplying equipment to areas devastated by these events through its Equipment Rental Corporation. Hertz Equipment Rental has also donated $38,000 worth of...

Shares of Hertz Global Holdings, Inc. (NYSE: HTZ) are higher on the session by 8.29%, trading at $15.29. Overall call volume is now running at 8.63x the daily average, with 56% of all calls traded being purchases on the offer. 2,313 contracts have traded on the session so far. Hertz Global...

Shares of Best Buy Co Inc (NYSE: BBY) surged about 5.5% after the company reported better-than-expected fiscal first-quarter profit. Best Buy's profit dropped to $136 million, or $0.35 per share, from $155 million, or $0.36 per share, in the year-earlier quarter. Its sales surged 1.4% to $10.9...