New User:

-or-
Username:
Password:
Forgot your password?

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
Sign up for a free trial to see the rest of the stories you've been missing.
February 9, 2016
07:25 EDTXPOXPO Logistics to retain truckload business aquired in Con-way deal
Subscribe for More Information
07:16 EDTXPOStifel to hold a conference
Transportation and Logistics Conference is being held in Key Biscayne, Florida on February 9-10.
February 4, 2016
13:55 EDTXPOXPO Logistics trims truck terminals in cost reduction plan, WSJ says
Subscribe for More Information
January 29, 2016
16:14 EDTXPOXPO Logistics reduces workforce by 190 positions in less-than-truckload business
XPO Logistics continued with its plan for synergies in its less-than-truckload business acquired from Con-way. Approximately 160 non-sales positions have been eliminated with most of the reductions being in administrative, management and back office functions, and impacted less than 1% percent of the LTL workforce in North America. Another 30 positions were eliminated in other parts of the company, primarily to address redundancies created by the acquisition. Collectively, the actions are expected to reduce annual costs by more than $20M against a targeted operating profit improvement of $170M-$210M over two years. To date, approximately $50M of expected annualized savings have been achieved in the three months since the company acquired Con-way on October 30, 2015.

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use