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Stock Market & Financial Investment News

News Breaks
December 7, 2012
11:00 EDTJBHTJ.B. Hunt increases, accelerates quarterly dividend
J.B. Hunt Transport Services announced that its Board of Directors approved an increase and a pull forward of its regular quarterly dividend typically paid in February of each calendar year. The Board declared stockholders of record on December 17 will be entitled to 15c per common share. The dividend will be paid on December 28. The Board does not expect to declare or pay a quarterly dividend in 1Q13 and will resume its normal policy of quarterly dividend analysis at its regularly scheduled Board of Directors meeting on April 25, 2013.
News For JBHT From The Last 14 Days
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January 28, 2016
11:58 EDTJBHTJ.B. Hunt raises quarterly dividend 5% to 22c per share
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January 26, 2016
14:00 EDTJBHTSwift spikes after reporting Q4 earnings beat
Shares of trucking company Swift (SWFT) are rallying after reporting better-than-expected quarterly earnings on Monday evening. WHAT'S NEW: Swift reported fourth quarter earnings per share of 53c on revenue of $1.09B. Analysts were anticipating Q4 EPS of 47c on revenue of $1.12B. With its Q4 financial results, the company guided for fiscal 2016 EPS of $1.50-$1.60 against analyst estimates of $1.55. Swift attributed the earnings beat to strong operational execution, declining fuel prices, gains on equipment sales, and a better than anticipated tax rate. "We were able to generate year-over-year rate increases in our three largest reportable segments, despite difficult comparison quarters. Investments in our fleet technology are also beginning to pay off, with improved accident and workers' compensation trends, driver retention, and fuel efficiency in the quarter. We also realized improvements in our Intermodal container turns," the company said in a letter to investors. WHAT'S NOTABLE. In late September, the company slashed it fiscal 2015 EPS view to $1.43-$1.52 from $1.64-$1.74. At the time, the company blamed its reduced view, in part, on the additional carrying expense associated with the large volume of new tractors received late in the second quarter due to delivery delays, as well as a reduction in expected volumes of seasonal project business in Q4 of 2015 due to customers' recent logistical changes. A month later, with its third quarter results, the trucking company noted that as it moved into Q4, it would focus on improving utilization of its fleet. PRICE ACTION: Shares of Swift lost about 50% of their value in 2015 and closed Monday at $13.67. In Tuesday afternoon trading, shares of Swift are up over 19% to $16.31. OTHERS TO WATCH: Shares of other companies in the truck and logistics space are also up, including JB Hunt (JBHT), Hub Group (HUBG), Landstar System (LSTR), and Werner Enterprises (WERN).
January 25, 2016
10:00 EDTJBHTOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: American Express (AXP) upgraded to Perform from Underperform at Oppenheimer... BankMutual (BKMU) upgraded to Outperform from Market Perform at Hovde Group... Black Hills (BKH) upgraded on acquisition at BMO Capital... Bruker (BRKR) upgraded to Buy from Hold at Cantor... Cedar Fair (FUN) upgraded to Conviction Buy from Buy at Goldman... Charles Schwab (SCHW) upgraded to Buy from Neutral at Nomura... Corporate Office Properties (OFC) upgraded to Buy from Neutral at Mizuho... Entegris (ENTG) upgraded on valuation, outlook at Pacific Crest... First Financial upgraded to Outperform from Market Perform at Keefe Bruyette... Goldman Sachs (GS) upgraded to Buy from Neutral at Nomura... Graphic Packaging (GPK) upgraded to Outperform from Neutral at Macquarie... Home Depot (HD) upgraded to Buy from Hold at Deutsche Bank... Intel (INTC) upgraded to Outperform from Neutral at Macquarie... J.B. Hunt (JBHT) upgraded to Buy from Hold at BB&T... Magna (MGA) upgraded to Buy from Neutral at Citi... Masco (MAS) upgraded to Buy from Hold at Evercore ISI... Mattel (MAT) upgraded to Conviction Buy from Buy at Goldman... O'Reilly Automotive (ORLY) upgraded to Buy from Hold at Deutsche Bank... PACCAR (PCAR) upgraded to Buy from Neutral at Citi... People's United (PBCT) upgraded to Neutral from Underweight at Piper Jaffray... Quality Systems (QSII) upgraded to Overweight from Neutral at Piper Jaffray... RadiSys (RSYS) upgraded to Buy from Hold at Needham... Standard Motor (SMP) upgraded to Buy from Neutral at CL King... Swedbank (SWDBY) upgraded to Hold from Underperform at Jefferies... Toll Brothers (TOL) upgraded to Strong Buy from Outperform at Raymond James... Voyager Therapeutics (VYGR) upgraded to Neutral from Sell at Chardan... Yahoo (YHOO) upgraded to Buy from Hold at Pivotal Research.
08:57 EDTJBHTJ.B. Hunt upgraded to Buy from Hold at BB&T
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07:37 EDTJBHTJ.B. Hunt should be bought at current levels, says RBC Capital
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