-
Bulls Betting on a Move Higher in Hertz (HTZ)
Friday, September 10, 2010 - 10:23am | 189Shares of Hertz Global holdings Inc. (NYSE: HTZ) are higher on the session by 1.86%, currently trading at $9.99. The stock has been moving largely lower for the past six months, off from a recent high near $15.00. The stock is currently in a technical downtrend and at a key pivot point. Options...
-
Zacks #1 Rank Additions for Friday - Tale of the Tape
Friday, September 10, 2010 - 9:15am | 348Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: 99 Cents Only Stores (NDN) BancFirst Corp (BANF) Banco Santander-Chile (SAN) CAI International Inc (CAP) Covenant Transportation Group Inc (CVTI) View the entire Zacks #1 Rank List. BANCFIRST OKLA (BANF): Free Stock...
-
5 Stocks Under $5 With Most 'Sell' Ratings
Thursday, September 9, 2010 - 7:50am | 364BOSTON (TheStreet) -- Stocks trading under $5 have limited analysts' coverage, so it's not a good sign for investors when most researchers recommend dumping shares. The following five U.S. stocks trade at less than $5 and have garnered the biggest number of "sell" ratings, making them vulnerable to...
-
Goldman Sachs' Transportation Update (UPS, CP, JBHT)
Wednesday, September 8, 2010 - 9:42am | 247Goldman Sachs is out with a research report this morning, where takes a look at recent trends in the global transportation market and what it means for stocks in its coverage space. The analysts noted that volumes across the board were surprisingly strong in the railroad and truckload segments....
-
Marten Transport, Ltd. to Participate in Industrial/Transportation Conference
Thursday, September 2, 2010 - 4:37pm | 63Marten Transport, Ltd. (Nasdaq: MRTN) announced today that the Company is scheduled to present at the Morgan Keegan 2010 Industrial/Transportation Conference at the Drake Hotel in Chicago, Illinois on Tuesday, September 14, 2010, at 10:45 A.M. Central Time. Marten Transport, with headquarters in...
-
2010 Guidance Raised For DTG
Thursday, September 2, 2010 - 9:45am | 76Dollar Thrifty Automotive Group, Inc. (NYSE: DTG) has raised 2010 EBITDA guidance (excluding its merger-related expenses) to $240-260M (from $200-220M) based on lower vehicle depreciation per unit per month guidance for 2H2010 of $270-290 (from $300-310), according to Goldman Sachs. 2010-2012 EPS...
-
Deutsche Bank Rates Arkansas Best Hold After August Freight Shows Strong Growth (ABFS)
Thursday, September 2, 2010 - 7:40am | 53Deutsche Bank has a Hold rating on Arkansas Best Corporation (NASDAQ: ABFS) after Cass Information Systems reported that August shipments were up 16.5% year over year as volumes rose sequentially in August yesterday. Shares of Arkansas Best closed at $21.25 yesterday, good for a gain of 66 cents.
-
YRC Worldwide Initiated as Neutral - Analyst Blog
Friday, August 27, 2010 - 1:36pm | 334We initiate coverage for YRC Worldwide Inc. (YRCW) with a Neutral recommendation, which means the stock will perform mostly in line with the broader market. Net earnings in the second quarter 2010 were significantly above the Zacks Consensus Estimate but revenue fell below it. Although YRC...
-
Deutsche Bank Has Hold Rating On Arkansas Best After Truck Tonnage Report (ABFS)
Thursday, August 26, 2010 - 7:15am | 203Deutsche Bank is out with a research report on the truck tonnage report that was released for July. In the report, it shows that tonnage was up 7.4% year over year. It discusses some of the companies associated with the report and rates Arkansas Best Corporation (NASDAQ: ABFS) a Hold. In a note...
-
Piper Jaffray Sees Significant Upside In Landstar System (LSTR)
Thursday, August 26, 2010 - 6:43am | 135Piper Jaffray is out with a research report on Landstar System (NASDAQ: LSTR), and has an Overweight rating and $52 price target after the company released its mid quarter update. In a note to investors, Piper Jaffray writes, "Yesterday afternoon LSTR hosted its regularly scheduled mid-quarter...
-
Deutsche Bank Highlights Its Top Trucking Stocks
Wednesday, August 25, 2010 - 10:06am | 68Deutsche Bank, this morning, released a report updating investors on the Trucking Industry. In its report, Deutsche Bank lists FedEx (FDX), J.B. Hunt (JBHT), Union Pacific (UNP), and United Parcel Service (UPS) were the top picks for the industries.
-
Deutshe Bank Says Management Change At Con-Way Should Help (CNW)
Wednesday, August 25, 2010 - 7:28am | 247Deutsche Bank is out with some research on Con-way Inc. (NYSE: CNW) after the President of Con-way Freight announced he has left the company. Deutsche Bank has a Buy rating and a $35 price target on Con-way. In the research report, Deutsche Bank writes, "Yesterday, CNW announced that President of...
-
Con-way Freight President Resigns
Tuesday, August 24, 2010 - 8:37am | 152Con-way Inc. (NYSE: CNW) today announced that John G. Labrie, president of Con-way Freight, has left the company to pursue other interests. Effective today, Douglas W. Stotlar, president and CEO of parent company Con-way Inc., has assumed the role of interim President of Con-way Freight, the...
-
Expect Volatility if Home Sales on Low End 08-23-2010
Monday, August 23, 2010 - 7:08pm | 814Cusick’s Corner The market pulled back into the After Hours on no news or specific economic catalyst. Existing home sales come out tomorrow -- expectations are in a wide range from 3.9 to 5.3 million units (Bloomberg). While the market looks ready to accept the potential for sub-4 million in a...
-
Shorts in Control of Crude 09-23-2010
Monday, August 23, 2010 - 2:58pm | 914Cusick’s Corner The market is doing what it typically does in the last two weeks of August, grind along in a tight range. Unless there is a major headline or a spike in interest (meaning volume), this action could continue for the next few weeks. This does not mean that one should sit back and be...