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Stock Market & Financial Investment News

News Breaks
August 18, 2014
07:57 EDTRRyder awarded contract from Southern Wine & Spirits of America
Ryder announced that it has been awarded a managed maintenance contract by Southern Wine & Spirits of America. Under the contract, Ryder will provide a combination of Comprehensive Maintenance and Preventive Maintenance services for Southernís fleet of 2,200 tractors, trucks and trailers, which supports the companyís various locations across the U.S. The solution will provide Southern with regular inspections, follow-up repairs, proactive parts replacement, emergency roadside assistance and online reports to track maintenance activity and history. The solution offers 24/7 access to Ryderís state of the art maintenance network, professional services of more than 5K skilled certified technicians and more than 700 service facilities across the U.S. Ryderís Preventive Maintenance solution provides regularly scheduled maintenance when and where Southern may need it.
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June 29, 2015
10:09 EDTROn The Fly: Analyst Upgrade Summary
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06:33 EDTRRyder upgraded to Buy from Hold at Stifel
Stifel upgraded Ryder to Buy with a $104 price target based on reasonable valuation and expectations for Fleet Management Solutions NBT margin growth. The firm expects improved sales/marketing efforts to drive higher full service leasing growth and significant growth from the recently launched On-Demand maintenance product.

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