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Puts Rolled on Old Dominion Freight Line
Friday, August 19, 2011 - 9:18am | 99Shares of Old Dominion Freight Line (NASDAQ: ODFL) are higher on the session by 0.80%, currently trading at $28.84. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on puts today. A short...
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Deutsche Bank Reiterates Landstar System
Tuesday, August 16, 2011 - 2:41pm | 73Deutsche Bank reiterates its Landstar System (NASDAQ: LSTR) Buy rating and $54 price target in a research report published today. In the report, Deutsche Bank states, "We are pleased to see management being opportunistic with share repurchases and expect more transports to follow suit, if they...
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Hertz Receives Request for Additional Information from FTC Regarding Proposed Acquisition of Dollar Thrifty
Monday, August 15, 2011 - 4:01pm | 67Hertz Global Holdings (NYSE: HTZ) today announced that it has received a request for additional information from the Federal Trade Commission relating to Hertz's proposed acquisition of Dollar Thrifty Automotive Group, Inc. (NYSE: DTG). The Second Request was issued under notification requirements...
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Hertz Receives Request for Additional Information from FTC Regarding Proposed Acquisition of Dollar Thrifty
Monday, August 15, 2011 - 4:01pm | 68Hertz Global Holdings, Inc. (NYSE: HTZ) today announced that it has received a request for additional information from the Federal Trade Commission relating to Hertz's proposed acquisition of Dollar Thrifty Automotive Group, Inc. (NYSE: DTG). The Second Request was issued under notification...
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Friday's Put/Call Ratio Leaders
Friday, August 12, 2011 - 12:03pm | 77Here are today's Put/Call Ratio leaders… 1. AsiaInfo Linkage (NASDAQ: ASIA) 4,251 puts, 57 calls 2. Hertz Global (NYSE: HTZ) 3,822 puts, 57 calls 3. International Game Technology (NYSE: IGT) 2,616 puts, 40 calls 4. CarMax Group (NYSE: KMX) 3,418 puts, 137 calls 5. Frontline (NYSE: FRO) 8,684 puts...
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Bank of America Upgrades CHRW, JBHT To Buy
Friday, August 12, 2011 - 6:54am | 36Bank of America has upgraded CH Robinson (NASDAQ: CHRW) and JB Hunt Transport Services (NASDAQ: JBHT) from Neutral to Buy.
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Morning Market Movers
Wednesday, August 10, 2011 - 8:55am | 124Good Times Restaurants Inc (NASDAQ: GTIM) climbed 28.47% to $1.85 at 9:50 am.GTIM shares have dropped 37.66% over the past 52 weeks, while the S&P 500 index has gained 4.59% in the same period. Uni-Pixel Inc (NASDAQ: UNXL) surged 24.10% to $6.5899. UNXL is scheduled to report its Q2 earnings...
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UPDATE: Deutsche Bank Lowers PT on Con-way Inc from $45 to $42
Tuesday, August 9, 2011 - 5:51am | 98Deutsche Bank has published a research report on Con-way Inc (NYSE: CNW) lowering the price target after a recent sell off by the transportation company. In the report, Deutsche Bank wrote, "Menlo Logistics and Con-way Truckload both performed solidly in Q2 and showcased solid profitability...
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Deutsche Bank Lowers PT on Con-way To $42
Tuesday, August 9, 2011 - 5:14am | 26Deutsche Bank has lowered the price target on Con-way (NYSE: CNW) from $45 to $42 and maintains its Buy rating.
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Earnings Roundup
Monday, August 8, 2011 - 7:59am | 799Dollar Thrifty Automotive Group Inc (NYSE: DTG) reported a 0.6% rise in its second-quarter net profit. Dollar Thrifty's quarterly net profit increased to $42.5 million, from $42.3 million, in the year-ago period. Its revenue dropped 0.3% to $395.1 million. Dollar Thrifty's earnings per share...
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A Peek Into The Market Before The Trading Starts
Monday, August 8, 2011 - 6:27am | 378Pre-open movers US stock futures are lower this morning, after Standard & Poor's downgraded the US debt rating. Futures for the Dow Jones Industrial Average dipped 222 points to 11,180.00 and S&P 500 index futures fell 27.80 points to 1,170.00. Nasdaq 100 futures dropped 51.75 points to 2,...
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Dollar Thrifty Automotive Sees FY2011 Revenues in Line with 2010
Monday, August 8, 2011 - 5:52am | 254Dollar Thrifty Automotive Group, Inc. (NYSE: DTG) is providing updated guidance for revenue, Corporate Adjusted EBITDA and fleet cost expectations for the full year of 2011. The Company's updated revenue guidance is primarily influenced by the rate per day environment experienced in the first six...
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UPDATE: Dollar Thrifty Reports 0.6% Rise In Q2 Net Profit
Monday, August 8, 2011 - 5:28am | 78Dollar Thrifty Automotive Group Inc (NYSE: DTG) reported a 0.6% rise in its second-quarter net profit. Dollar Thrifty's quarterly net profit increased to $42.5 million, from $42.3 million, in the year-ago period. Its revenue dropped 0.3% to $395.1 million. Dollar Thrifty's earnings per share...
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US Stock Futures Down On S&P Downgrade
Monday, August 8, 2011 - 3:40am | 357US stock futures are lower this morning, after Standard & Poor's downgraded the US debt rating. Futures for the Dow Jones Industrial Average dipped 175 points to 11,227.00 and S&P 500 index futures fell 18.90 points to 1,178.90. Nasdaq 100 futures dropped 37.25 points to 2,149.75. US...
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Earnings Scheduled For August 8
Monday, August 8, 2011 - 2:50am | 413Dollar Thrifty Automotive Group Inc (NYSE: DTG) is projected to report its Q2 EPS at $1.37 on revenue of $408.57 million. MGM Resorts International (NYSE: MGM) is projected to report a FQ4 loss at $0.13 per share on revenue of $1.59 billion. 99 Cents Only Stores (NYSE: NDN) is expected to...