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Stock Market & Financial Investment News

News Breaks
March 3, 2014
07:23 EDTXPOXPO Logistics price target raised to $36 from $32 at Oppenheimer
After meeting with XPO Logistics' management, Oppenheimer increased its price target on the stock, as the firm thinks the company has carried out its strategy and appears poised to meet its long-term financial objectives. The firm thinks the company is poised to meet its 2014 and 2017 guidance, and keeps an Outperform rating on the stock.
News For XPO From The Last 14 Days
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July 29, 2014
17:04 EDTXPOXPO Logistics raises FY14 revenue target to $3B from $2.75B
Consensus is for FY14 revenue $2.12B. An annual EBITDA run rate of at least $150M by December 31, up from a prior target of $100M.
17:02 EDTXPOXPO Logistics reports Q2 adj. EPS (22c), consensus (26c)
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17:01 EDTXPOXPO Logistics reports Q2 EPS (28c), consensus (26c)
Reports Q2 revenue $581.0M, consensus $551.31M.
16:53 EDTXPOXPO Logistics acquires New Breed Logistics for $615M, completes ACL acquisition
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