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Stock Market & Financial Investment News

News For XPO;WERN;BIN;BWA;BZ;CHMT;KSU;CNW;FWRD;TEX;AXL;RYN From The Last 14 Days
Check below for free stories on XPO;WERN;BIN;BWA;BZ;CHMT;KSU;CNW;FWRD;TEX;AXL;RYN the last two weeks.
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May 16, 2013
18:56 EDTKSUOn The Fly: After Hours Movers
UP AFTER EARNINGS: SINA (SINA), up 4.2%. ALSO HIGHER: Kansas City Southern (KSU), up 1.6% after it was announced the company would replace Dean Foods (DF) in the S&P 500 on May 23. DOWN AFTER EARNINGS: Autodesk (ADSK), down 6.5% after earnings, guiding its second quarter below expectations... Aruba Networks (ARUN), down 17.1% after earnings, guiding its fourth quarter below expectations... Nordstrom (JWN), down 3.5%... J.C. Penney (JCP), down 1.7%... Brocade (BRCD), down 2.4% after earnings, guiding its third quarter below expectations.
17:19 EDTKSUDean Foods to be added to S&P 400; Kansas City Southern deleted on 5/23
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17:18 EDTKSUKansas City Southern to be added to S&P 500; Dean Foods deleted on 5/23
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10:03 EDTCNWOn The Fly: Analyst Upgrade Summary
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06:25 EDTCNWCon-way upgraded to Hold from Underweight at BB&T
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May 15, 2013
09:01 EDTBWABorgWarner expands cooperationg with Jaguar Land Rover
BorgWarner will provide its turbocharging technologies for Jaguar Land Rover's new family of four-cylinder gasoline and diesel engines, expected to launch in 2015. To support JLR's new Engine Manufacturing Centre near Wolverhampton, BorgWarner plans to expand on its existing production lines and build a new engineering center in Bradford, United Kingdom.
07:32 EDTCHMTChemtura acquires full interest in DayStar Materials joint venture
Chemtura Corporation announced that it has acquired UP Chemical’s 50% stake in DayStar Materials, a South Korean manufacturer and marketer of high-purity metal organic precursors for the LED market. Chemtura now owns a 100% interest in DayStar, which was formed in 2011 as a joint venture of Chemtura and UP Chem.
May 14, 2013
11:06 EDTTEXTerex management to meet with BB&T
Meeting to be held in New Jersey on March 15 hosted by BB&T.
09:35 EDTKSUKansas City Southern could be acquired by a Canadian railroad, says Desjardins
Desjardin said Canadian Pacific (CP) and Canadian National (CNI) are in a solid financial position and could create shareholder value by gaining access to the Mexican market through an acquisition of Kansas City Southern (KSU).
07:31 EDTBINCredit Suisse to host a conference
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07:17 EDTWERNBofA/Merrill to host a conference
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May 13, 2013
07:22 EDTKSUFBR Capital to host a conference
2013 Energy & Industrials One-on-One Series Conference is being held in Boston on May 13.
May 9, 2013
11:35 EDTKSUKansas City Southern says coal volumes are up 5% in Q2
On its presentation at the Wells Fargo conference the CFO said that coal volumes are up approximately 5% in Q2.
10:34 EDTCNWArkansas 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.
07:42 EDTCHMTHoulihan Lokey to host a conference
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May 7, 2013
16:30 EDTXPOXPO Logistics reaffirms FY13 outlook
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16:27 EDTXPOXPO Logistics acquires Interide Logistics for $3.1M
On May 6, 2013, the company acquired substantially all of the operating assets of Interide Logistics LC, a freight brokerage business with trailing 12 months revenue of approximately $28M as of March 31. The purchase price was $3.1M in cash and $600,000 in XPO common stock, with no assumption of debt. The acquisition is expected to be immediately accretive to earnings.
16:26 EDTXPOXPO Logistics reports Q1 EPS (85c), consensus (76c)
Reports Q1 revenue $114M, consensus $135.25M.
12:15 EDTCHMTChemtura management to meet with Jefferies
Meeting to be held in New York on May 14 hosted by Jefferies.
07:25 EDTCHMTBarclays to host a conference
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