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Stock Market & Financial Investment News

News Breaks
November 5, 2012
07:07 EDTRRTSRoadrunner acquires Central Cal Transportation for $4M plus earnout
Roadrunner Transportation Systems has acquired all of the outstanding stock of Central Cal Transportation, a provider of intermodal transportation and related services from the Northern California region. Central Cal transports primarily nuts, wine and retail import products. The purchase price was approximately $4M plus an earnout. The acquisition was financed with borrowings under Roadrunner's credit facility. Central Cal is expected to be accretive to Roadrunner's earnings in 2013.
News For RRTS From The Last 14 Days
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July 31, 2014
10:08 EDTRRTSRoadrunner downgraded to Hold from Buy at Stifel (pre-open)
July 30, 2014
16:15 EDTRRTSRoadrunner sees Q3 EPS 37c-41c, consensus 41c
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16:14 EDTRRTSRoadrunner reports Q2 EPS 38c, consensus 40c
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10:00 EDTRRTSOn The Fly: Analyst Upgrade Summary
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05:43 EDTRRTSRoadrunner upgraded to Outperform from Market Perform at Raymond James
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July 21, 2014
08:36 EDTRRTSRoadrunner acquires Integrated Services for $13M
Roadrunner Transportation (RRTS), announced that it has acquired Integrated Services, ISI Logistics and ISI Logistics South, collectively, Integrated Services. The total purchase price was $13M and was financed with borrowings under Roadrunner’s credit facility. In 2013, Integrated Services generated revenues of approximately $21M. Integrated Services is expected to be accretive to Roadrunner’s earnings in 2014.

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