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.
Here's why you should keep a close eye on these six stocks.
A number of trucking companies have been outperforming the S&P, but since they’ve experienced a pullback in the last month, is this the right time for investors to be piling in? Jason Seidl, transportation analyst at Dahlman Rose discussed his views.
Stock futures slipped a bit as continuing claims, at 484,000, was worse than the 458,000 expected. This is disappointing, but there is only one reality right now: the wall of money coming into stocks. And it is a force very difficult to fight against. We get additional economic indicators today...Capacity Utilization, Industrial Production, Philly Fed.
After the close, three large transportation companies — UPS, trucking/logistics company Landstar and JB Hunt — all confirmed what railroad CSX had been saying: the shipping business is improving.