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Options Brief: J.B. Hunt Transport Services (JBHT)
Wednesday, March 2, 2011 - 11:01am | 85Shares of J.B. Hunt Transport Services (NASDAQ: JBHT) are higher on the session by 1.38%, trading at $41.25. Overall call volume is now running at 19.77x the daily average, with 64% of all calls traded being purchases on the offer. 2,373 contracts have traded on the session so far. J.B. Hunt...
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Hertz and Renault Partner to Bring Electric Vehicles to European Rental Markets
Wednesday, March 2, 2011 - 9:48am | 80The Hertz Corporation (NYSE: HTZ) has signed a Letter of Intent to add Renault's new and innovative range of electric vehicles (EV) to the fleets of Hertz and car sharing club Connect by Hertz across Europe. Hertz will be one of the first rental operators to offer Renault's Twizy for hire, and will...
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Higher Oil Threatens Economy 03-01-2011
Tuesday, March 1, 2011 - 3:33pm | 929Cusick's Corner News out of the Middle East is flowing out, with overnight markets tossing and turning on each headline. I watched the futures trade quite erratically with each headline, but decided that this action was extremely choppy and not worth playing. This choppy action has continued and...
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YRC Worldwide Announces Restructuring Agreement, Morgan Keegan Maintains Underperform
Tuesday, March 1, 2011 - 9:29am | 172Morgan Keegan has published a research report on YRC Worldwide (NASDAQ: YRCW) after the company announced a restructuring agreement regarding stakeholders. In the report, Morgan Keegan writes "YRC Worldwide announced a restructuring agreement in principle with certain key stakeholders. The non-...
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Benzinga's Top Pre-Market NASDAQ Losers (CEDC, YRCW, AVGO, FITB)
Tuesday, March 1, 2011 - 8:28am | 109Central European Distribution Corp (NASDAQ: CEDC) dipped 12.47% to $20 in the pre-market session. CEDC reported a wider Q4 loss. YRC Worldwide Inc (NASDAQ: YRCW) fell 9.70% to $2.42 in the pre-market session. YRCW's trailing-twelve-month ROE is -844.08%. Avago Technologies Limited (NASDAQ: AVGO)...
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YRC Worldwide Inc Trading to Resume at 3.05 pm
Monday, February 28, 2011 - 2:43pm | 18YRC Worldwide Inc (NASDAQ: YRCW) trading to resume at 3.05 pm
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YRC Worldwide Achieves Agreement in Principle Restructuring Milestone
Monday, February 28, 2011 - 2:30pm | 145YRC Worldwide Inc. (Nasdaq: YRCW) today announced that it had reached an agreement in principle, in the form of a non-binding term sheet, with certain of its key stakeholders providing for a comprehensive restructuring plan for YRC Worldwide. The term sheet was approved by those parties necessary...
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Trading Halted: YRC Worldwide, News Pending
Monday, February 28, 2011 - 2:25pm | 16Trading Halted: YRC Worldwide (NASDAQ: YRCW), News Pending
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Stifel Nicolaus Downgrades QLTY To Hold
Monday, February 28, 2011 - 7:34am | 42Analysts at Stifel Nicolaus downgrade Quality Distribution Inc (NASDAQ: QLTY) from “buy” to “hold.” QLTY shares gained 0.66% to close at $10.64 on Friday. More Analyst Ratings here
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DTG Reports Q4 EPS of $0.41
Thursday, February 24, 2011 - 6:14am | 58Dollar Thrifty Automotive Group Inc (NYSE: DTG) reports its Q4 EPS at $0.41, versus the consensus of $0.41. DTG reports its Q4 revenue at $349.1 million, versus the consensus of $354.86 million. DTG shares fell 0.70% to close at $52.57 yesterday. Read more from Benzinga's Company news.
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Frozen Food Express Industries, Inc. Announces Retirement of CEO
Wednesday, February 23, 2011 - 4:55pm | 107Frozen Food Express Industries, Inc. (Nasdaq: FFEX) announced today that Stoney M. "Mit" Stubbs, Jr. has retired as Chief Executive Officer (CEO) effective at the end of day Monday February 28, 2011, after twenty seven years as CEO and Chairman of the Board. Mr. Stubbs will remain on the company's...
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Upside Purchased on Avis Budget Group (CAR)
Tuesday, February 22, 2011 - 3:09pm | 132Shares of Avis Budget Group (NYSE: CAR) are lower on the session by 1.42%, currently trading at $15.97. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A...
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Earnings Scheduled For February 22 (M, HPQ, MHS, WMT, BKS, MDT, ODP, NRG, HTZ, RSH, HD, CHK, MHK)
Tuesday, February 22, 2011 - 3:19am | 337Macy's Inc (NYSE: M) is projected to report its Q4 EPS at $1.52 on revenue of $8.27 billion. Hewlett-Packard Company (NYSE: HPQ) is estimated to report its FQ3 EPS at $1.29 on revenue of $32.95 billion. Medco Health (NYSE: MHS) is projected to post its Q4 EPS at $0.94 on revenue of $16.65 billion...
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Werner Enterprises Chairman to Step Down
Friday, February 18, 2011 - 12:16pm | 119Werner Enterprises, Inc. (Nasdaq: WERN) announced today that the Board of Directors has approved several planned management changes that will become effective following the Company's annual stockholder meeting that is currently expected to be held on May 10, 2011. Clarence L. (C.L.) Werner, 73,...
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Avis Budget Group Reports Increased Revenue, Earnings and Margins for Fourth Quarter and Full Year 2010
Wednesday, February 16, 2011 - 4:21pm | 95Avis Budget Group, Inc. (NASDAQ: CAR) today reported results for its fourth quarter and full year ended December 31, 2010. The Company reported full year revenue of $5.2 billion, an increase of 1% compared with 2009. Excluding certain items, Adjusted EBITDA increased 69% to $410 million and pretax...