News Breaks |
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| October 8, 2012 |
| 04:55 EDT |  | XPO, XPO, VOLVY, VOLVY, CLNE, CLNE, NAV, NAV, CMI, CMI, ABFS, ABFS, KNX, KNX, SWFT, SWFT, CVTI, CVTI, WNC, WNC | Wolfe Trahan & Co to host a forum
5th Annual Trucking Forum is being held in Las Vegas on October 8-9. |
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News For XPO;CVTI;SWFT;KNX;ABFS;CMI;NAV;CLNE;VOLVY;WNC From The Last 14 Days Check below for free stories on XPO;CVTI;SWFT;KNX;ABFS;CMI;NAV;CLNE;VOLVY;WNC the last two weeks. |
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| May 17, 2013 |
| 16:04 EDT |  | ABFS | Arkansas Best announces changes to nonunion pension plan
Arkansas Best announced that it has adopted changes to its nonunion defined benefit pension plan. Effective July 1, the plan will be frozen with the result that the accrual of future benefits under the plan will stop. Retirement benefits earned by participants through June 30 will be preserved. While the precise amount of net savings resulting from the changes to the plan and participation in the discretionary defined contribution plan cannot be determined at this time, the company expects that the reduction in this expense will be material going forward. |
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| May 16, 2013 |
| 08:49 EDT | | NAV | Navistar sells recreational vehicle business
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| May 14, 2013 |
| 07:17 EDT | | CLNE | BofA/Merrill to host a conference
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| May 13, 2013 |
| 10:38 EDT |  | NAV | Oshkosh vehicle design rejected by Pentagon, Defense News says
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| 07:52 EDT |  | SWFT | Swift Transportation remains well positioned long term, says Cowen
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| 07:39 EDT | | CLNE | Deutsche Bank to host a conference
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| 07:36 EDT | | SWFT | Swift Transportation target raised to $18.50-19.00 from $15.00-16.00 at Wells Fargo
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| May 10, 2013 |
| 11:21 EDT |  | ABFS | High option volume stocks: UBNT FTK ABFS OPTR IRBT
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| 10:25 EDT | | ABFS | Arkansas Best calls active on acquisition interest from YRC Worldwide
Arkansas Best (ABFS) June 17 and 20 calls are active on total call volume of 15,377 contracts (114 puts) on acquisition interest from YRC Worldwide (YRCW). June call option implied volatility is at 57, September is at 53; compared to its 26-week average of 54 according to Track Data. Active call volume suggests spreaders taking positions for upside movement. |
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| 10:00 EDT |  | ABFS | On The Fly: Analyst Upgrade Summary
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| 06:17 EDT | | ABFS | Arkansas Best upgraded to Buy from Neutral at Citigroup
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| May 9, 2013 |
| 11:41 EDT | | SWFT | Swift Transportation to host investor day
Investor day to be held in New York on May 10 at 9 am. Webcast Link |
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| 10:34 EDT | | ABFS | Arkansas Best rises after peer expresses merger interest
Shares of freight transportation company Arkansas Best (ABFS) rose in early trading after another transportation service provider, YRC Worldwide (YRCW), expressed interest in a merger. WHAT'S NEW: Early this morning, Arkansas Best disclosed in a regulatory filing that YRC Worldwide approached it in late March to express interest in exploring an acquisition of ABF Freight System, Arkansas Best’s largest subsidiary. Arkansas Best indicated that considering a transaction with YRC was not appropriate at that time and did not engage in any subsequent discussions with YRC, the company stated. YRC Worldwide then confirmed that it had made a preliminary proposal to acquire Arkansas Best and its CEO James Welch said, "Our board and management believed then and believes now that the combination of Arkansas Best and YRCW would be in the best interests of all employees, customers and shareholders of both companies." PRICE ACTION: In mid-morning trading, Arkansas Best shares rose 8.5% to $16.67, while YRC Worldwide advanced 1% to $14.10. OTHERS TO WATCH: Roadrunner Transportation Systems (RRTS) and Con-way (CNW) also provide transportation and logistics services. |
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| 10:11 EDT | | ABFS | YRC Worldwide confirms preliminary proposal to acquire Arkansas Best
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| 10:10 EDT | | ABFS | YRC Worldwide confirms preliminary proposal to acquire Arkansas Best
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| 10:09 EDT | | ABFS | YRC says combination with Arkansas Best would be in best interest of both
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| 09:46 EDT | | ABFS | Arkansas Best up 8.5% after disclosing YRC's interest in freight subsidiary
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| 09:36 EDT | | ABFS | Arkansas Best says YRC Worldwide expressed interest in ABF Freight System
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| 07:44 EDT |  | CLNE | Clean Energy downgraded at Raymond James
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| 07:37 EDT | | CLNE | Clean Energy downgraded to Underperform from Market Perform at Raymond James
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