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Stock Market & Financial Investment News

News Breaks
February 20, 2013
17:06 EDTSWFTMoody's raises Swift Transportation's credit rating to B1 from B2
Swift Transportation announced that Moody's Investor Service has upgraded the company's credit ratings, with the corporate family rating raised to B1 from B2 and the senior secured first lien bank credit facility raised two notches to Ba2 from B1. In their press release, Moody's states, "The ratings upgrade reflects the substantial progress that Swift has made in margin growth, cash flow generation, and deleveraging during a period of stable demand in the truckload segment." Additionally, Moody's raised the rating on Swift's second lien notes to B3 from Caa1 and said the ratings outlook is stable.
News For SWFT From The Last 14 Days
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October 23, 2014
16:09 EDTSWFTSwift Transport up 5.6% after reporting Q3 results, guidance
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16:08 EDTSWFTSwift Transport sees FY15 adjusted EPS $1.62-$1.72, consensus $1.65
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16:08 EDTSWFTSwift Transport sees FY14 adjusted EPS $1.29-$1.33, consensus $1.27
16:06 EDTSWFTSwift Transport reports Q3 adjusted EPS 39c, consensus 35c
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October 20, 2014
06:12 EDTSWFTSwift Transport upgraded to Buy from Neutral at Citigroup
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October 17, 2014
06:56 EDTSWFTSwift Transport added to short-term buy list at Deutsche Bank
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