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Stock Market & Financial Investment News

News Breaks
March 25, 2014
09:35 EDTXPO, PACRXPO Logistics announces $415M commitment for amended credit facility
XPO Logistics (XPO) announced that it has obtained bank commitments to amend its revolving loan credit facility to increase the amount of financing capacity from $125M to $415M. The ABL facility is subject to customary conditions and the completion of the company's previously announced acquisition of Pacer International (PACR). The company expects to close on the ABL facility on or near April 1.
News For XPO;PACR From The Last 14 Days
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September 19, 2014
07:56 EDTXPOXPO Logistics price target raised to $46 from $40 at Credit Suisse
Credit Suisse raised XPO estimates and increased its price target to $46 from $40 following the $700M capital raise. The firm said the capital injection signals a strong M&A pipeline and management is in active discussions with around a dozen potential targets. Shares are Outperform rated.
September 16, 2014
07:36 EDTXPOCredit Suisse to hold a conference
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07:26 EDTXPOUltima Media to hold a conference
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September 12, 2014
11:27 EDTXPOXPO Logistics hits 52-week high following $700M investment, increased outlook
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10:10 EDTXPOHigh option volume stocks
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09:14 EDTXPOOn The Fly: Pre-market Movers
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08:45 EDTXPOXPO Logistics price target raised to $45 from $37 at Stifel
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September 11, 2014
17:38 EDTXPOXPO Logistics raises FY17 revenue target to approximately $9B from $7.5B
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17:36 EDTXPOXPO Logistics announces $700M investment by PSP Investments, two others
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September 10, 2014
10:00 EDTXPOOn The Fly: Analyst Initiation Summary
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05:45 EDTXPOXPO Logistics initiated with an Overweight at Barclays
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September 8, 2014
10:13 EDTXPOXPO Logistics management to meet with BB&T
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