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Trump Told Trudeau Canada Could Dodge Tariffs As 51st State: Which Sectors Could Be Hit
Tuesday, December 3, 2024 - 3:54pm | 898President-elect Donald Trump and Canadian Prime Minister Justin Trudeau‘s meeting last week about planned tariffs on Canada was said to be productive, but it could put several Canadian sectors on high alert. What Happened: Trudeau flew to Mar-a-Lago to meet with Trump, and the two political...
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EXCLUSIVE: Google's YouTube 'Crushing The Competition,' While Under-The-Radar Stock Will Give 'Pulse On What's Driving This Market,' Says Strategist
Monday, July 22, 2024 - 12:46pm | 717An earnings report from United Parcel Service (NYSE:UPS) is a key item to watch this week, according to market strategist Jay Woods, who spoke to Benzinga about the multiple companies reporting earnings. What Happened: Several large-cap companies will report earnings for the week, including two...
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FedEx Q4 Results 'Solid,' 2025 Guidance 'Appropriate,' Freight Spinoff 'Tantalizing Opportunity For Investors': 7 Analysts Size Up Results, What's Next
Wednesday, June 26, 2024 - 2:05pm | 923Transportation company FedEx Corporation (NYSE:FDX) was sized up by analysts after reporting fourth-quarter results that beat estimates. The FedEx Analysts: Goldman Sachs analyst Jordan Alliger had a Buy rating and raised the price target from $316 to $333. Bank of America analyst Ken Hoexter had a...
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FedEx Q4 Earnings Preview: Share Buyback, Job Cuts, Eight Straight Revenue Misses Among Items To Watch
Monday, June 24, 2024 - 3:00pm | 565Logistics and shipping giant FedEx Corporation (NYSE:FDX) is set to announce fourth-quarter (Q4) financial results after market close Tuesday, June 25. Here's a look at the earning estimates, analyst ratings and key items to watch. Earnings Estimates: Analysts expect FedEx to report fourth-quarter...
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A Triple Triumph: 3 Market Leaders Break Into Profitability — Here's Who Defied The Odds
Thursday, August 3, 2023 - 1:17pm | 576The second quarter’s earnings season ushered a wave of surprises in the stock market, with three high-profile companies reaching a crucial milestone – turning profitable for the first time. The rising stars capturing investors’ attention are Robinhood Markets, Inc. (NASDAQ:HOOD),...
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Planes, Trains And Automobiles: Could Uber Create A Super App For Travel?
Wednesday, April 6, 2022 - 1:27pm | 805A leading ridesharing and mobility company has intentions to offer additional transportation options to its customers, with plans to launch a super app for travel. Here’s the latest. What Happened: Ridesharing company Uber Technologies Inc (NYSE: UBER) offers vehicle transportation, food...
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Transportation Stocks Were Blistering Hot This Week, But Freight Data Warrants No Change In Pricing Power
Thursday, January 16, 2020 - 5:05pm | 1648This week's DHL Supply Chain Pricing Power Index: 40 (Shippers) Last week's DHL Supply Chain Pricing Power Index: 45 (Shippers) Three-month DHL Supply Chain Pricing Power Index Outlook: 50 (Balanced) The trucking industry operates in a market based on real-time demand and supply. When demand is...
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The Only Certainty For Equity Markets And Transportation Stocks Is Uncertainty
Wednesday, August 14, 2019 - 9:57am | 1771Trade rhetoric has the equity markets in flux since the latest tariff warning was announced at the beginning of August. Notably, sectors with meaningful trade exposure to China, like the transportation stocks, are feeling the pressure. Just as some equity analysts were providing commentary about...
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The Airline Sector: American, United Have Earned An Upgrade, Bernstein Says
Wednesday, January 31, 2018 - 3:48pm | 389Expansion plans and sector-wide upside drivers give United Continental Holdings Inc (NYSE: UAL) a strong market position while American Airlines Group Inc (NYSE: AAL) remains competitive despite United’s growing market share, according to Bernstein. The Analyst Analyst David Vernon...
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BMO Says Buy The Dip On Rails
Friday, October 21, 2016 - 3:44pm | 381Fadi Chamoun of BMO Capital Markets is bullish on the rail sector and recommends investors buy the sector following a recent dip. In a research report the analyst noted that the six major Class 1 railroad stocks saw their combined market value fall by $8.4 billion on Thursday following a...
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Morgan Stanley Shares Highlights From Freight Conference
Friday, September 16, 2016 - 12:23pm | 522Morgan Stanley hosted its fourth Annual Industrials Conference and provided the following takeaways: Kansas City Southern Kansas City Southern (NYSE: KSU)'s management team said its third-quarter-to-date revenue and carloads are lower by 4 percent, and the company continues to expect revenue to...
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August Lows Get Tested, What Does It Mean?
Monday, October 3, 2011 - 3:54pm | 349This afternoon, the SPDR S&P 500 Index ETF (NYSE: SPY) traded as low as $110.16 a share. The August 9, 2011 low was at $110.27 a share. Often stocks will go back and test a level where the stock once traded, therefore, it is not surprising to see that August low get tested today. The declines...
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Greenbrier Earnings Preview: Surge in Revenue Expected
Thursday, July 7, 2011 - 11:33am | 518Greenbrier Companies (NYSE: GBX) will be reporting its third-quarter fiscal 2011 results Friday, July 8, before the opening bell. The Railway Supply Institute recently reported that orders and deliveries of railcars were up, a potential early sign of a revival of the railcar industry. Analysts are...