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KeyBanc Capital Mkts. Initiates Coverage on Old Dominion Freight Line
Tuesday, November 23, 2010 - 11:01am | 29KeyBanc Capital Mkts. has initiated coverage on Old Dominion Freight Line (NASDAQ: ODFL) with a Buy rating and a $34 price target.
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NASDAQ Stocks Hitting 52-Week Highs (DLTR, HIBB, LDSH, UHAL)
Thursday, November 18, 2010 - 11:40am | 155Dollar Tree Inc (NASDAQ: DLTR) shares gained 2.44% to create a new 52-week high of $56.04. DLTR reported upbeat Q3 results. Hibbett Sports Inc (NASDAQ: HIBB) shares reached $28.61 to create a new 52-week high, before falling to $28.44, representing a 2.12% gain. HIBB's quarterly earnings jumped 257...
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Monday's Put/Call Ratio Leaders (NOK, ALU, TXN, BIIB, DTG)
Monday, November 15, 2010 - 1:16pm | 91Here is a quick peek at stocks that have abnormally high daily put/call ratios today relative to their average…. 1. Nokia Corp. (NYSE: NOK) 14,989 puts, 165 calls 2. Alcatel Lucent (NYSE: ALU) 8,015 puts, 128 calls 3. Texas Instruments (NYSE: TXN) 3,742 puts, 339 calls 4. Biogen Idec (NASDAQ: BIIB...
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BofA and PNC Sell BlackRock Stake - Analyst Blog
Friday, November 12, 2010 - 2:33pm | 449Bank of America Corporation (BAC) and PNC Financial Services Group Inc. (PNC) sold $8.3 billion of stock in the world's largest money manager, BlackRock Inc. (BLK), on November 9. The largest stakeholders of BlackRock disposed of their share as this was not vital to their main business. Of the...
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Hertz Global Holdings, Inc. to Present at Barclays Global Automotive Conference
Friday, November 12, 2010 - 12:04pm | 83Hertz Global Holdings, Inc. (NYSE: HTZ) Chairman and Chief Executive Officer Mark Frissora to speak at the 2010 Barclays Global Automotive Conference in New York City, NY at 9:20 AM (ET) on Tuesday, November 16, 2010 Hertz's presentation will be broadcast live through an audio webcast available...
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Knight Transportation Announces Special Dividends
Friday, November 12, 2010 - 9:14am | 77Deutsche Bank published an alert yesterday on Knight Transportation (NYSE: KNX) after they announced special dividends of $0.75/share. KNX will pay the special dividends along with the $0.06/share regular quarterly dividend on December 23, 2010. Deutsche Bank stated, "We expect shares to react...
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Temasek to Buy BofA's CCB Rights - Analyst Blog
Thursday, November 11, 2010 - 12:03pm | 619Temasek Holdings, Singapore's state investment firm, said on Thursday that it will purchase Bank of America Corporation's (BAC) entire entitlement in China Construction Bank's (“CCB”) upcoming 61.6 billion yuan ($9.3 billion) rights issue, Reuters reported.Temasek, the third largest shareholder...
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The Daily Long and Short Setup
Thursday, November 11, 2010 - 10:54am | 116Futures continue to deteriorate, with the market staring at a 1% loss to begin the day. CSCO earnings and what might come out of the G-20 meeting continues to push the market lower. We're poised to test the 10-day moving average on the S&P which has continuously acted as support for this...
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Deutsche Bank's Top Freight Picks
Thursday, November 11, 2010 - 9:23am | 75In Deutsche Bank's Freight Tracker published yesterday their 3 top picks were FedEx Corporation (NYSE: FDX), J.B. Hunt (NasdaqGS: JBHT), and Union Pacific (NYSE: UNP). FDX closed yesterday at $88.12. FDX also announced the opening of offices in Budapest, Prague, Madrid, Milan, and Antwerp. JBHT...
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Werner Enterprises Paying Special Cash Divident on Shares
Wednesday, November 10, 2010 - 10:21am | 109Dahlman Rose & Co. published a company update on Werner Enterprise's (NASDAQ: WERN) decision to pay special cash dividend's of $1.60/sh. WERN is set to pay these dividends on December 7th to their 72.6MM common shares outstanding. WERN has previously paid special cash dividends of $1.25/sh in...
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Werner Enterprises Announces Quarterly and Special Dividends of $0.05
Tuesday, November 9, 2010 - 5:20pm | 59Werner Enterprises, Inc. (NASDAQ: WERN), one of the nation's largest transportation and logistics companies, announced today that its Board of Directors declared a regular quarterly cash dividend of $.050 (5.0 cents) per common share payable to stockholders of record at the close of business on...
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Quality Distribution Reports 3Q EPS of $0.02 Versus $0.11 Consensus
Tuesday, November 9, 2010 - 10:05am | 76Quality Distribution, Inc. (NASDAQ: QLTY) reported 3Q EPS of $0.02 “versus our estimate of $0.12 and consensus EPS of $0.11,” Sterne Agee reports. “On an apples-to-apples basis, operating EPS was closer to $0.10, after adjusting for $2m of restructuring costs related to QLTY's withdrawal from three...
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Quality Distribution, Inc. Announces Third Quarter EPS of $.02
Monday, November 8, 2010 - 5:36pm | 172Quality Distribution, Inc. (Nasdaq: QLTY) today reported net income of $0.4 million, or $0.02 per diluted share, for the third quarter ended September 30, 2010, compared to net income of $1.4 million, or $0.07 per diluted share, in the third quarter of 2009. Net income for the nine months ended...
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YRCW Loss Shrinks, Outlook Positive - Analyst Blog
Monday, November 8, 2010 - 4:33pm | 561YRC Worldwide Inc. (YRCW) reported its third quarter 2010 results. Quarterly net loss was $61.7 million or a loss of $1.33 per share compared with a huge loss of $158.7 million or a loss of $66.66 per share in the year-ago quarter. Third quarter 2010 adjusted EPS (excluding one-time items) was...
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Dahlman Rose Lowers Estimates on YRC Worldwide (YRCW)
Monday, November 8, 2010 - 3:34pm | 166Dahlman Rose is out with a research report this afternoon, where it reiterates its Hold rating on YRC Worldwide Inc. (NASDAQ: YRCW); it does not have a price target on the stock. The DR analysts cited the company's recently released quarterly earnings, which were slightly below estimates. Revenues...