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Butterfly Spread Traded on Dollar Thrifty (DTG)
Monday, August 23, 2010 - 11:00am | 227Shares of Dollar Thrifty Automotive Group, Inc. (NYSE: DTG) are higher on the session by 0.15%, currently trading at $48.22. The stock has been moving largely higher over the past five months, though has encountered resistance at $50.00. DTG is scheduled to be acquired by Hertz Global Holdings (...
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Identify Risk Exposure & Consider Puts 08-20-2010
Friday, August 20, 2010 - 6:40pm | 821Cusick’s Corner The market wrapped up August Expiration flat with all major indices in spitting distance of breakeven. The tea leaves on the markets are not rosy, but this is when, even with all the indicators screaming at you, you need to stay on your toes for the unexpected. Take the weekend and...
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Zacks #5 Rank Additions for Wednesday - Tale of the Tape
Wednesday, August 18, 2010 - 4:13pm | 345Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: Con-way Inc (CNW) Delhaize Group (DEG) Eastern Insurance Holdings Inc (EIHI) Elbit Systems Ltd (ESLT) Exterran Holdings Inc (EXH) View the entire Zacks #5 Rank List. CON-WAY INC (CNW): Free Stock Analysis Report ...
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Marten Transport Declares Quarterly Dividend of $.02
Wednesday, August 18, 2010 - 4:10pm | 84Marten Transport, Ltd. (NASDAQ: MRTN) announced today that its Board of Directors has approved a regular quarterly cash dividend to stockholders beginning with the current quarter ended June 30, 2010. The first quarterly cash dividend of two cents ($0.02) per share of common stock will be payable...
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Transportation Stocks On The Rise (QLTY, PACR, RURL, GLNG, OSG)
Tuesday, August 17, 2010 - 2:34pm | 179The transportation sector stocks rose 2.36% on Tuesday following heavy gains by some companies. Quality Distribution Inc. (NASDAQ: QLTY) is up 8.4% at $5.68. Pacer International Inc. (NASDAQ: PACR) has risen 8.12% to $5.59. Rural/Metro Corporation (NASDAQ: RURL) is up 6.53% at $7.99. Golar LNG...
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YRC Worldwide Offloads Logistics Unit - Analyst Blog
Tuesday, August 17, 2010 - 9:43am | 354YRC Worldwide Inc. (YRCW), a leading provider of truck transportation throughout the world, yesterday announced that it completed the divestment of the majority of YRC Logistics division to the private equity firm Austin Ventures. Gross proceeds from the deal were $38.7 million. Out of this, YRCW...
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Trailer Bridge Reports Second Quarter Results
Wednesday, August 11, 2010 - 4:24pm | 150Trailer Bridge, Inc. (NASDAQ: TRBR) today reported unaudited financial results for the second quarter ended June 30, 2010. The Company reported operating income of $3.4 million in the second quarter of 2010, a 5.7% increase compared to operating income of $3.2 million in the second quarter of 2009...
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Stocks Hitting 52-Week Highs (ENDP, FOSL, PPCO, UHAL)
Tuesday, August 10, 2010 - 1:27pm | 185Endo Pharmaceuticals Holdings Inc (NASDAQ: ENDP) shares gained 2.58% to create a new 52-week high of $25.83. ENDP has agreed to purchase Penwest Pharmaceuticals (NASDAQ: PPCO) for around $168 million in cash in order to gain full access to extended-release version of Opana painkiller. Fossil Inc (...
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Zacks Bull and Bear of the Day Highlights: AMERCO, Goldman Sachs, Wal-Mart , Target and Toyota - Press Releases
Monday, August 9, 2010 - 5:53pm | 1662For Immediate Release Chicago, IL –August 09, 2010 – Zacks Equity Research highlights: AMERCO (UHAL) as the Bull of the Day and Goldman Sachs (GS) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Wal-Mart (WMT), Target (TGT) and Toyota (TM). Here is a synopsis of all...
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Calls Purchased on Avis Budget Group (CAR)
Monday, August 9, 2010 - 12:53pm | 117Shares of Avis Budget Group (NYSE: CAR) are lower on the session by 0.84%, currently trading at $10.61. The stock has been moving largely lower over the past five months and is trading below both the 50-day and 200-day moving averages. Options traders are betting that the stock can rally from here...
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AMERCO Inc. (UHAL) - Bull of the Day
Monday, August 9, 2010 - 4:12am | 308AMERCO (UHAL) is the parent company of U-Haul International, the largest consumer truck rental company in the world. It is also the second largest self-storage company in North America. The impact of the decline in housing and a decrease in apartment occupancy rates appears to have ended. We...
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AMERCO - Aggressive Growth
Monday, August 9, 2010 - 4:12am | 714AMERCO (UHAL) hit a multi-year high following the latest earnings surprise. Net income almost doubled expectations. Company Description AMERCO is the parent company of U-Haul, the widely recognized moving and storage company. Additionally, AMERCO is a parent to 2 insurance companies and a real...
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Dahlman Rose & Co. Rates Con-Way A Buy, Has $38 Target (CNW)
Friday, August 6, 2010 - 10:37am | 110Dahlman Rose & Co. continues to rate shares of Con-Way (NYSE: CNW) a Buy after the trucking company reported lower than expected earnings. It has a $38 price target on shares. However, Dahlman Rose is lowering 2010 and 2011 EPS estimates for the company. In the report Dahlman Rose notes, "CNW...
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CNW May Issue Muted Margin Outlook For 2H10
Thursday, August 5, 2010 - 1:08pm | 154Analysts at JP Morgan reiterate their "neutral" rating on Con-way (NYSE: CNW), while reducing their estimates for the company. The target price for CNW is set to $33. JP Morgan says, “CNW’s 2Q EPS report was below Consensus and we expect them to provide a muted outlook regarding the pace of margin...
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Con-Way Posts 24% Increase In 2Q Revenue
Thursday, August 5, 2010 - 11:15am | 93Con-Way, Inc. (NYSE: CNW) reported 2Q EPS of $0.22 (after applying favorable tax impact), just below Dahlman Rose's estimate of $0.23, leaving open clarity for pricing and operating cost issues during the upcoming earnings call. The 2Q included a better than expected 31.7% tax rate, compared with...