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Stock Market & Financial Investment News

News Breaks
April 14, 2014
09:04 EDTKNXKnight Transportation raises Q1 EPS view to 22c-23c from 19c-21c
Consensus 20c. Knight Transportation CEO Kevin Knight said: ''There are several factors that contributed to our expectation of improved results for the first quarter of 2014. During the quarter we experienced greater demand for our capacity. This resulted in year over year improvement in revenue per tractor and growth in our brokerage business. We have also seen strength in the used equipment marketplace, which is resulting in better than expected gain on sale of tractors and trailers. As the trucking environment remains strong we continue to focus on improving production, growing our non-asset based businesses, recruiting and developing driving associates, providing industry-leading service, and intensifying our cost control efforts.''
News For KNX From The Last 14 Days
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October 24, 2014
10:03 EDTKNXOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Align Technology (ALGN) upgraded to Buy from Hold at Jefferies... Brandywine Realty (BDN) upgraded to Buy from Hold at Stifel... Buffalo Wild Wings (BWLD) upgraded to Buy from Hold at Feltl... Carpenter Technology (CRS) upgraded to Overweight from Neutral at JPMorgan... Check Point (CHKP) upgraded to Buy from Hold at Needham... Diamond Offshore (DO) upgraded at ISI Group... Digital Realty (DLR) upgraded to Market Perform from Underperform at Cowen... EQT Corporation (EQT) upgraded to Buy from Neutral at SunTrust... Education Realty (EDR) upgraded to Buy from Hold at MLV & Co.... Gigamon (GIMO) upgraded to Neutral from Underperform at BofA/Merrill... Halliburton (HAL) upgraded to Buy from Neutral at Citigroup... Invacare (IVC) upgraded at KeyBanc... Knight Transportation (KNX) upgraded to Neutral from Underperform at Credit Suisse... Logitech (LOGI) upgraded to Buy from Neutral at UBS... Lorillard (LO) upgraded to Market Perform from Underperform at Cowen... Maxim Integrated (MXIM) upgraded to Buy from Hold at Deutsche Bank... NCR Corp. (NCR) upgraded to Neutral from Sell at Goldman... Nabors Industries (NBR) upgraded to Buy from Hold at Argus... Nucor (NUE) upgraded to Outperform from Underperform at CLSA... Old National Bancorp (ONB) upgraded to Buy from Neutral at DA Davidson... Plexus (PLXS) upgraded to Outperform from Market Perform at Raymond James... Potash (POT) upgraded to Buy from Hold at TD Securities... Reliance Steel (RS) upgraded to Buy from Hold at Jefferies... ResMed (RMD) upgraded to Outperform from Market Perform at William Blair... Royal Dutch Shell (RDS.A) upgraded to Buy from Neutral at UBS... Swift Transport (SWFT) upgraded to Buy from Hold at Stifel... Vulcan Materials (VMC) upgraded to Overweight from Equal Weight at Stephens... Weatherford (WFT) upgraded to Buy from Neutral at Citigroup.
08:09 EDTKNXKnight Transportation upgraded to Neutral from Underperform at Credit Suisse
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October 23, 2014
10:01 EDTKNXOn The Fly: Analyst Upgrade Summary
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09:32 EDTKNXKnight Transportation reports COO steps down from position
Knight Transportation announces, effective October 23, that Keith Knight has relinquished his role as COO of the company. Keith will continue to serve the company on a full time basis, though not as an officer, the company said. The company also disclosed that Randy Knight, one of the company’s Founders and a Director since 1990, resigned from the board, effective October 23, in order to devote his attention to personal and family interests.
08:57 EDTKNXKnight Transportation upgraded to Neutral from Underperform at Credit Suisse
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October 22, 2014
09:02 EDTKNXKnight Transportation reports Q3 EPS 31c, consensus 27c
Reports Q3 revenue $271.5M, consensus $266.63M.

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