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Stock Market & Financial Investment News

News Breaks
May 19, 2014
07:33 EDTXPOXPO Logistics has reached attractive entry point, says Stifel
After XPO's stock tumbled 28% from its March high, Stifel thinks the stock will reach $34 over the next 12 months, versus its Friday closing price of $23.31. The firm says that the company's growth is generally not a function of the rate of economic growth. It keeps a Buy rating on the shares.
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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