U.S. stocks plunged nearly 2 percent or more, with the Dow wiping out gains for the year on escalating tensions between Greece and its creditors.» Read More
*Wells Fargo weighs on financials. The Thomson Reuters/ University of Michigan's preliminary October reading on consumer sentiment rose to 83.1, well above the 78 forecast for the index as optimism about the economy improved. Wells Fargo, the biggest U.S. home lender, dropped 2.5 percent to $34.40.
Oct 12- J.B. Hunt Transport Services Inc:. *Barclays cuts J.B Hunt Transport Services. target price to $60 from. Reuters Station users, click. 1568.
Stocks rose on Friday after a government report showed that inflation was tame in September, which will leave consumers with more money to spend if the trend holds up. The Labor Department said Friday that wholesale prices rose 1.1 percent in September. This week saw mixed results from U.S. corporations like Alcoa, Safeway and Yum Brands.
Oct 12- J.B. Hunt Transport Services Inc:. *UBS raises J.B Hunt Transport Services Inc. price target to $65 from. Reuters Station users, click. 1568.
Oct 12- J.B. Hunt Transport Services Inc:. *Baird raises J.B Hunt Transport Services Inc. price target to $64. Reuters Station users, click. 1568.
Bank and energy stocks led the way lower after investors had a mixed reaction to earnings reports from JPMorgan Chase and Wells Fargo. Investors haven't had much to get excited about, with mixed results this week from U.S. companies including Alcoa, Safeway and Yum Brands. The S&P 500 is up more than 11 percent since June 1.
LOWELL, Ark.-- Trucking and logistics company J.B. Hunt Transport Services Inc. said Thursday that its third-quarter profit rose almost 14 percent, as a decline in its trucking business was offset by growth in other areas. The company earned $78.2 million, or 65 cents per share, for the quarter that ended Sept. 30.
NEW YORK, Oct 11- J.B. Hunt Transport Services Inc:.
Find out which earnings reports the “Mad Money” host plans to monitor.
Get the “Mad Money” host’s earnings expectations for Alcoa, Safeway, Wells Fargo and more.
Find out what the “Mad Money” host plans to watch in the days to come.
Oct 1-:* Baird cuts Con way Inc price target to $35 from $38; rating outperform* Baird cuts Hub Group Inc price target to $34 from $36; rating neutral. *Baird cuts J.B Hunt Transport Services Inc price target to $60 from. *Baird cuts Knight Transportation Inc price target to $17 from $18;.
Take a look at some of Tuesday’s morning movers:
Check out which companies are making headlines after the bell Monday:
Could low nat gas prices unlock a manufacturing renaissance in the US?
Railroad shippers are much more positive about the U.S. economy this year than last, and that could mean a good year for the railroads and the trucking companies that literally piggyback shipments on them.
Cramer makes the call on viewers' favorite stocks.
According to several trade groups in the trucking industry, there could be a shortage of drivers next year, and the estimates range from 200,000 to as many as 500,000.
Stocks lost ground in the last half hour of trading and closed near the lows of the session Monday amid light volume and a flurry of merger and acquisition activity. AT&T and American Express rose, Bank of America fell.
Stocks added to modest losses ahead of the close Monday amid light volume and a flurry of merger and acquisition activity. AT&T and American Express rose, Bank of America fell.