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CSX Stock Tracks Higher On Q2 Results
Monday, August 5, 2024 - 4:42pm | 341Read More...CSX Corporation (NASDAQ:CSX) shares are up after the company reported its second-quarter financial results Monday. Here's a look at the details from the report. The Details: CSX reported quarterly earnings of 49 cents per share on revenue of $3.7 billion, slightly below the analyst consensus...
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Norfolk Southern Stock Surges On Q2 Earnings: The Details
Thursday, July 25, 2024 - 4:42pm | 310Read More...Norfolk Southern Corp (NYSE:NSC) shares are trading higher in Thursday’s after-hours session on the heels of the company’s second-quarter financial results. Here’s a rundown of the report. What Happened: Norfolk Southern reported railway operating revenue of $3 billion, up 2% year...
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April Showers On Wall Street: Miners, Utilities Emerge As Bright Spots In Gloomy Market
Tuesday, April 30, 2024 - 4:38pm | 1922Read More...As April comes to a close, it’s time to compile the rankings for the top-performing sector and industry exchange-traded funds of the month. Taking a broader look at the stock market, the S&P 500 Index, represented by the SPDR S&P 500 ETF Trust (NYSE:SPY), finished April on a downturn...
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CSX's Guidance Remains Intact Despite Disruptions: Analysts Weigh In On Q1 Results, Outlook
Thursday, April 18, 2024 - 12:49pm | 638Read More...CSX Corp (NASDAQ:CSX) shares have been in focus after U.S. Sen. Tommy Tuberville‘s latest regulatory filing. CSX also reported its first-quarter results on Wednesday, which came amid an exciting earnings season. Here are some key analyst takeaways from the release. BofA Securities On CSX Analyst...
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Why UPS Stock Is Up After Hours
Thursday, March 21, 2024 - 5:02pm | 325Read More...United Parcel Service, Inc. (NYSE:UPS) shares are trading higher in sympathy with FedEx Corp (NYSE:FDX), which rose after reporting third-quarter results Thursday after the bell. The Details: FedEx reported quarterly earnings of $3.86 per share which beat the analyst consensus estimate of $3....
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Uber Accelerates Into S&P 500 Index: A Triumph Of Tech And Transportation
Saturday, December 2, 2023 - 5:45pm | 596Read More...Uber Technologies, Inc. (NYSE: UBER), a prominent ride-hailing company, is set to join the S&P 500 index later this month, as announced by S&P Dow Jones Indices on Friday. Uber, Jabil Inc (NYSE: JBL) and Builders FirstSource Inc. (NYSE:...
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Saia's Q3 Results Exceed Expectations: Revenue Grows By 6% While Maintaining Profitability
Friday, October 27, 2023 - 12:10pm | 319Read More...Saia Inc (NASDAQ: SAIA) reported third-quarter FY23 revenue growth of 6.2% year-over-year to $775.1 million, beating the consensus of $745.98 million. Diluted earnings per share for the quarter were $3.67 compared to $3.67 in the third quarter of 2022. The operating income...
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Why J.B. Hunt Transport Services Stock Is Trading Down After-Hours
Tuesday, October 17, 2023 - 5:41pm | 270Read More...J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) shares are trading lower in Tuesday's after-hours session on the heels of the company's third-quarter earnings report. Here are the details. What To Know: J.B. Hunt Transport Services reported quarterly earnings of $1.80 per share, a 29...
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Uber's Momentum Unstoppable - Shares Experience A Notable 3% Gap Upward, Fueling Optimism As The Ride-Hailing Giant Races Toward The Coveted $50 Mark
Wednesday, September 13, 2023 - 12:38pm | 417Read More...Since its debut in May 2019, Uber's stock has been highly unpredictable, with prices ranging between $13 and $64, creating uncertainty for investors. Despite its volatility, the stock's price is currently 18% above its IPO price of $42. Since its introduction to the stock market in May...
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The Bull Case For Landstar System Inc.
Tuesday, August 29, 2023 - 10:16am | 1833Read More...With Quiver Quantitative’s recent institutional holdings data, we can see that many hedge funds and asset managers have been increasing their holdings in Landstar System Inc. (NASDAQ: LSTR). Firms such as Victory Capital Management, Copeland Capital Management, and...
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Freight Recession: 5 Stocks To Watch As Transportation Costs Plummet To Pre-Covid Levels
Thursday, June 1, 2023 - 5:05pm | 896Read More...Although it went almost undetected by the market, some astute investors may have caught up on a specific detail in the latest Fed Beige Book. The contacts through which each Federal Reserve department receives information on the condition of the economy have indicated the presence of a "...
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Is There Value Left In Lyft Stock?
Thursday, May 25, 2023 - 3:53pm | 882Read More...Domestic rideshare operator Lyft Inc. (NASDAQ: LYFT) has fallen even further in Uber Technologies Inc. (NYSE: UBER) rearview mirror. While its Q1 2023 earnings report beat the top and bottom lines with its adjusted profits, Wedbush analyst Dan Ives said that Lyft has "lost all Street...
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Warren Buffett Was Said To Overpay For BNSF Railway, Here's Why He's Having The Last Laugh
Friday, April 14, 2023 - 10:24am | 829Read More...Legendary investor Warren Buffett is a fan of railroads, especially one of the leading railroad companies in North America, which is owned by Berkshire Hathaway Inc (NYSE: BRK-A)(NYSE: BRK-B). Buffett received some criticism and concerns about overpayment for the railway, but the legendary...
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Couple Takes 1,500-Mile EV Road Trip, But It Wasn't Easy, This 'Occupied Our Minds'
Wednesday, February 15, 2023 - 12:37pm | 585Read More...A couple recently took their Hyundai Motor Company GDR (OTC: HYMTF) Kia EV6 electric car on a cross-country trip from Michigan to Florida, riding about 1,500 miles. According to a report by Axios, Joann Muller and her husband went on a long road trip to get a sense of the...
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A Railroad Stoppage Before Christmas Could Cause Over $2 Billion In Economic Damage, Driving Inflation Even Higher
Monday, November 28, 2022 - 2:59pm | 695Read More...In September, the nation's largest rail unions began negotiating with rail companies to establish better schedules, more pay and paid sick time for its track maintenance workers. Now, four out of the 12 rail unions are yet to ratify the tentative agreements, as SMART - Transportation...
















