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Deutsche Bank Rates Con-Way A Buy (CNW)
Thursday, August 5, 2010 - 9:24am | 119Deutsche Bank rates shares of Con-Way (NYSE: CNW) a Buy and has a $37 price target on it after the trucking company reported quarterly earnings yesterday. In the report Deutsche Bank notes, "Yesterday, CNW reported continuing Q2 EPS of $0.22 below us and Consensus of $0.30. Q2 excludes a $0.04/...
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Con-Way Falls 5% After Hours (CNW)
Wednesday, August 4, 2010 - 5:17pm | 191Con-Way, Inc. (NYSE: CNW) on Wednesday after the market closed released financial results that missed Wall Street earnings expectations, while beating revenue estimates. Con-Way, Inc reported that its 2nd quarter net income fell to $13.9 million, or 26 cents per share, down from $31.5 million, or...
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Covenant Transportation - Aggressive Growth
Wednesday, August 4, 2010 - 10:33am | 700Covenant Transportation Group, Inc. (CVTI) has made a big turn around and is not trading at multi-year highs. Analysts are making drastic estimate revisions on the heels of the most recent earnings report. Company Description Covenant Transportation offers premium transport services and brokerage...
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MKM Partners Keep Buy Rating On HTZ
Wednesday, August 4, 2010 - 9:06am | 76Analysts at MKM Partners maintained their Buy rating on shares of Hertz Global Holdings (HTZ), after the company reported earnings in-line with Street expectations. In its report, MKM Partners established a $20 price target, while noting that "We believe that HTZ shares will react positively to...
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Hertz Beats Earnings Estimates, Reaffirms Guidance (HTZ)
Tuesday, August 3, 2010 - 4:38pm | 44Hertz Global Holdings, Inc. (NYSE: HTZ) reports Q2 earnings of $0.14 versus estimates of $0.13. Hertz Global Holdings, Inc. reports Q2 revenues of $1.88 billion versus estimates of $1.89 billion. The company said it is reaffirming its 2010 revenue, EPS outlook.
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YRCW Q2 Loss Narrows - Analyst Blog
Tuesday, August 3, 2010 - 4:19pm | 463YRC Worldwide Inc. (YRCW) today reported its second quarter 2010 financial results. Quarterly net loss was $9.5 million or a loss of 1 cent per share compared to a huge loss of $309 million or a loss of $5.20 per share in the year-ago quarter. This was mainly due to positive operating income...
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Bruce Berkowitz Adds Morgan Stanley To Fairholme Capital (MS)
Tuesday, August 3, 2010 - 3:34pm | 173Bruce Berkowitz has added a position in Morgan Stanley (NYSE: MS) to his Fairholme Capital fund according to Market Folly. The rest of the portfolio is broken down like this: 1. Sears Holdings (SHLD): 7.7% of the portfolio 2. AIG (AIG): 6.8% 3. Citigroup (C): 5.4% 4. Goldman Sachs (GS): 5.4% 5....
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August Opens Strong Like Bull 08-01-2010
Monday, August 2, 2010 - 6:39pm | 804Cusick’s Corner August opened strong by taking the bull by the horns and taking it for a ride. All the major indices closed in the green. While the After Hours did have further upside, this move was grinding and rather uneventful. The market was focused on continuing this uptrend, breaking...
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Saia Returns To Profitability
Friday, July 30, 2010 - 11:55am | 83Saia, Inc. (NASDAQ: SAIA) has returned to profitability after five consecutive quarters of losses, showing 2Q10 EPS of $0.12, up from losses of $0.13 in the prior year and above Dahlman Rose's estimated $0.07. Revenues grew 2Q 6% to $231M, 4% from an increase in tonnage and 2% improvements in...
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Dahlman Rose Reiterates Buy Rating on Saia Inc. (SAIA)
Friday, July 30, 2010 - 10:07am | 212Dahlman Rose & Co. is out with a research report this morning, where it reiterates its buy rating on Saia Inc. (NASDAQ: SAIA); it has a $20.00 price target on the stock. The Dahlman analysts cited the company’s recent earnings report, which beat estimates; revenues in creased 6% year over year...
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Universal Truckload Services, Inc. Reports Revenue and Net Income
Thursday, July 29, 2010 - 4:52pm | 164Universal Truckload Services, Inc. (Nasdaq: UACL) today announced financial results for the thirteen and twenty-six weeks ended July 3, 2010. For the thirteen weeks ended July 3, 2010, operating revenues increased 28.7%, or $34.4 million, to $154.3 million from $119.9 million for the thirteen weeks...
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Patriot Transportation Holding, Inc. Announces Thompson S. Baker II Named President and CEO
Thursday, July 29, 2010 - 4:38pm | 117Patriot Transportation Holding, Inc. (Nasdaq: PATR) today announced that Thompson S. Baker II has accepted an offer to become President and CEO of the Company effective October 1, 2010. John D. Baker II will elevate to the position of Executive Chairman of the Board and current Chairman, Edward L...
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Piper Jaffray maintain ‘Overweight’ rating on Old Dominion Freight Line, Inc
Thursday, July 29, 2010 - 12:46pm | 109Piper Jaffray is out with a report on logistic company Old Dominion Freight Line, Inc (NASDAQ: ODFL) and has reiterated an ‘Overweight’ rating with a price target of $47. The stock is currently trading at $39. The company recently reported 2Q10 EPS from operation of $0.58 compared to $0.29...
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Dahlman Rose Downgrades Old Dominion Freight Line, Inc
Thursday, July 29, 2010 - 12:07pm | 86Dahlman Rose & Co released a research report recently on logistic company Old Dominion Freight Line, Inc (NASDAQ: ODFL). They downgraded ODFL to ‘hold’ from ‘buy’. Old Dominion reported 2Q10 EPS from operation of $0.58 compared with $0.29 reported last quarter. The result was ahead of the...
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Deutsche Reiterates Buy Rating On ODFL
Thursday, July 29, 2010 - 10:52am | 88Analysts at Deutsche Bank maintain their Buy rating on shares of Old Dominion (ODFL) after the company reported earnings well above estimates. Deutsche Bank also raised their price target to $47 from $40, noting "We believe ODFL is poised to continue to generate strong operating leverage given a...