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News Breaks
06:01 EDTR
theflyonthewall.com: Ryder initiated with a Neutral at Piper Jaffray
Target $48. :theflyonthewall.com



News For R From The Last 14 Days
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February 9, 2010
07:47 EDTR
theflyonthewall.com: Stephens to host a field trip

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February 3, 2010
16:45 EDTR
theflyonthewall.com: On The Fly: U.S. Market Wrap-Up for Wednesday 2/3
The futures were higher in early trading, but weakened prior to the open. The weakness caused the averages to open slightly lower. Almost immediately, however, the indices moved into positive territory. It looked as if the market would put together its first three day winning streak in several weeks. At 10:00 am, the ISM non-manufacturing report came out slightly below expectations, and that was enough to halt the upside momentum of the averages and push them lower. Once in negative territory, the market traded in a fairly narrow range for the remainder of the day…The Dow fell 26.30 to 10,270.55, the S&P lost 6.04 to 1,097.28, and the Nasdaq gained 0.85 to 2,190.91…Among the biggest gainers: Borders Group (BGP) surged 38.3% to $1.30 after noted investor William Ackman commented that the company was unlikely to go bankrupt. Home Diagnostics (HDIX) soared 87.3% to $11.45 after agreeing to be purchased by Nipro Corp. for $11.50 a share…The losers included: Exide Technologies (XIDE) which slumped 23.2% to $6.08 after Wal-Mart (WMT) decided to drop the company as its automotive battery supplier. Ryder System (R) dropped 7.8% to 34.45 after forecasting Q1 EPS that widely missed analysts’ estimates…CURRENCY: The dollar closed 0.68% higher on the yen at 90.98 and 0.51% lower on the euro at 0.7197…COMMODITIES: Crude oil closed down 0.26 to 76.97...Natural gas lost 0.05 to 5.41...Gold was lower by 5.60 to 1,112.40…ECONOMIC DATA: The ADP National Employment Report showed private sector employment decreased by 22,000 in January. January's ADP Report estimates non-farm private employment in the service-providing sector increased by 38,000. Employment in the goods-producing sector declined 60,000, while employment in the manufacturing sector dropped 25,000...January's ISM non-manufacturing index came in at 50.5, slightly below the consensus of 51.0...Challenger's count of layoff announcements jumped to 71,482 in January, well above December's 45,094...The MBA Purchase Index jumped 10.3% in the January 29 week. The EIA Petroleum Status Report came in as follows: Crude inventories 2.32M build vs. consensus of 400K build. Gasoline inventories 1.31M draw vs. consensus of 1.4M build. Distillates 948K draw vs. consensus of 1.15M draw. Tomorrow…Chain Store Sales, Monster Employment Index, Jobless Claims, Productivity and Costs, RBC Cash Index, Factory Orders, and EIA Natural Gas Report are due…Notable companies reporting Thursday before the opening bell include: Allergan (AGN), Avon (AVP), Chicago Mercantile Exchange (CME), Cigna (CI), Cincinnati Financial (CINF), Hospira (HSP), Kellogg (K), MasterCard (MA), Moody’s (MCO), Sara Lee (SLE), Snap-On (SNA), Spectra Energy (SE), and Starwood Hotels & Resorts (HOT). :theflyonthewall.com
12:18 EDTR
theflyonthewall.com: Ryder sees modest FY10 earnings growth, primarily in the second half of the year

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11:39 EDTR
theflyonthewall.com: Ryder sees FY10 CapEx of $1.1B-$1.2B

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11:24 EDTR
theflyonthewall.com: Ryder sees FY10 revenue $4.85B-$4.95B vs. consensus of $4.87B

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11:15 EDTR
theflyonthewall.com: Ryder sees weak economic and freight environment in FY10

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10:11 EDTR
theflyonthewall.com: Ryder added to Focus List at Morgan Keegan
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09:43 EDTR
theflyonthewall.com: Gappers report: Bearish gaps

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09:39 EDTR
theflyonthewall.com: Ryder weakness a buying opportunity, says Morgan Keegan

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08:14 EDTR
theflyonthewall.com: Ryder's Q4 EPS down 63% YoY

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08:07 EDTR
theflyonthewall.com: Ryder sees Q1 EPS 17c-22c vs. consensus of 35c

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08:05 EDTR
theflyonthewall.com: Ryder sees FY10 EPS ex-items $1.80-$1.95 vs. consensus of $2.11
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08:03 EDTR
theflyonthewall.com: Ryder reports Q4 EPS ex-items 41c vs. consensus of 47c
Reports revenue $1.25B vs. consensus of $1.25B. :theflyonthewall.com