Trucking

Ford (NYSE:F)- Ford revenue increased 17% from last year to $33.1 billion and reduced its debt by $2.5 billion. The result showed an increase of $466 million over the first quarter of 2010, and is the best first quarter earnings since 1998. Competitors-  General Motors Company (GM), Toyota Motor...

Piper Jaffray has a Neutral rating with a price target of $18 on shares of Universal Truckload Services (UACL). Piper Jaffray analyst writes, "Upside versus our estimate resulted from (1) stronger than expected revenue on Truckload price and Intermodal vols and (2) lower than expected operating...

Financial support from Ryder System, (NYSE: R) through the Ryder Charitable Foundation is enabling the American Red Cross to help residents impacted by the band of tornadoes that recently made their way through Oklahoma, Mississippi, Alabama, North Carolina, and Virginia, by offering a safe place...

Universal Truckload Services (NASDAQ: UACL) Reports EPS of $0.15 vs. $0.14 Estimate; Revenues $157.63M vs. $152.68M Estimate

Dahlman Rose has issued a report on the Q1 EPS from Old Dominion Freight Line (NASDAQ: ODFL). According to the report, "Old Dominion Freight Line reported 1Q EPS of $0.38 per share, including roughly $0.02 from a one time life insurance benefit. Excluding this benefit, earnings from continuing...

Amazon.com Inc. (AMZN) - Amazon.com Inc. (AMZN) broke out above $190 on Wednesday. AMZN will have resistance at $200. Pullbacks below $175 are a buy. Level 3 Communications Inc. (LVLT) - Level 3 Communications Inc. (LVLT) is back above $1.60. Level 3 Communications will have resistance at $1.85....

Deutsche Bank, which raised its PT on shares of Old Dominion Freight Line Inc. (NASDAQ: ODFL), is providing some color on the stock. “ODFL reported better than expected Q1 EPS of $0.38/share, $0.08/share above our estimate and well above Consensus of $0.29/share,” Deutsche Bank writes. “Strong...

Saia (NASDAQ: SAIA) Reports EPS of $0.04 vs. $(0.04) Estimate; Revenues $243M vs. $234.25M Estimate

Deutsche Bank has raised the price target on Old Dominion (NASDAQ: ODFL) from $40 to $44 and maintains its Buy rating.

Samson Oil & Gas Limited (AMEX:SSN)- Samson Oil & Gas Limited announced the issuance of 492,400 ordinary fully paid shares at AUD 0.015 per share. The shares were issued pursuant the exercise of listed options. Hyperdynamics Corporation (AMEX:HDY)- Hyperdynamics Corporation, incorporated...

Jefferies is out with its report today on Ryder System (NYSE: R), raising its PT from $58 to $64. In a note to clients, Jefferies writes, "Our upwardly revised year-end 2011e target price of $64/sh is based on an unchanged yearend 2011e target P/E of 17.0x our upwardly revised 2012e estimate. Our...

Dahlman Rose & Co. has a $22 price target and a Buy rating on shares of Vitran Corporation (NASDAQ: VTNC) after it reported earnings. In a note to clients, Dahlman Rose writes, "Given the better-than-anticipated 1Q results and solid outlook for their business lines, we are increasing our 2011...

Gainers (% price change) Delta Air Lines, Inc. (DAL): +0.99 (11.00%)- In the past year, the shares have traded as low as $8.91 and as high as $14.54. On average, 18457400 shares of DAL exchange hands on a given day and today's volume is recorded at 32420604. The stock may bounce back to test the...

Old Dominion Freight (NASDAQ: ODFL) Reports EPS of $0.38 vs. $0.29 Estimate; Revenues $422.7M vs. $401.62M Estimate

Jefferies & Company has raised the price target on Ryder System (NYSE: R) from $58 to $64 and maintains its Buy rating.