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Jerome Powell, Steven Mnuchin
| June 21st, 2021  7:54 PM
Powell says economy growing rapidly, inflation up 'notably'
WASHINGTON (AP) — The economy is growing at a healthy clip, and that has accelerated inflation, Federal Reserve Chair Jerome Powell says in written testimony to be delivered Tuesday at a congressional oversight hearing. Still, Powell reiterated his view that inflation's recent jump to a 13-year high would prove temporary. “Inflation has increased notably in recent months,” Powell said in the prepared remarks.
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Powell says economy growing rapidly, inflation up 'notably'
Jerome Powell, Steven Mnuchin
| June 21st | 2021  7:54PM
Powell says economy growing rapidly, inflation up 'notably'
WASHINGTON (AP) — The economy is growing at a healthy clip, and that has accelerated inflation, Federal Reserve Chair Jerome Powell says in written testimony to be delivered Tuesday at a congressional oversight hearing. Still, Powell reiterated his view that inflation's recent jump to a 13-year high would prove temporary. “Inflation has increased notably in recent months,” Powell said in the prepared remarks.
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High court win for college athletes in compensation case
High court win for college athletes in compensation case
| June 21st | 2021  7:36PM
High court win for college athletes in compensation case
WASHINGTON (AP) — The Supreme Court ruled unanimously Monday the NCAA can’t limit education-related benefits — like computers and paid internships — that colleges can offer their sports stars, a victory for athletes that could help open the door to further easing in the decades-old fight over paying student-athletes. Schools recruiting…
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USVI oil refinery to shutter indefinitely amid violations
Corporate news news icon
| June 21st | 2021  6:29PM
USVI oil refinery to shutter indefinitely amid violations
SAN JUAN, Puerto Rico (AP) — A huge oil refinery in the U.S. Virgin Islands that contaminated the environment in a series of events that sickened dozens of people and forced schools to close announced Monday that it would remain shuttered indefinitely. Limetree Bay Energy said it would lay off more than 270 workers by September because it faced “extreme financial constraints” after the U.S.
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Paid in full? Biden, GOP struggle over infrastructure costs
Joe Manchin
| June 21st | 2021  6:03PM
Paid in full? Biden, GOP struggle over infrastructure costs
WASHINGTON (AP) — Congressional negotiators and the White House appear open to striking a roughly $1 trillion deal on infrastructure. But they are struggling with the hard part — how to pay for it. As President Joe Biden jumps back into the talks this week, the question of where the money will come from looms large. And time is running…
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How major US stock indexes fared Monday
Energy industry news icon
| June 21st | 2021  4:38PM
How major US stock indexes fared Monday
Stocks rebounded on Wall Street Monday and clawed back most of their sharp loss from last week. The S&P 500 snapped higher as the initial jolt passed from the Federal Reserve’s reminder that it will eventually offer less help for markets. Oil producers, banks and other companies that were hit particularly hard last week made the biggest gains.
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Wall Street snaps back following worst week since February
Wall Street snaps back following worst week since February
| June 21st | 2021  4:32PM
Wall Street snaps back following worst week since February
NEW YORK (AP) — Stocks rebounded on Wall Street Monday, clawing back most of their sharp loss from last week, as the initial jolt passes from the Federal Reserve’s reminder that it will eventually offer less help for markets. The S&P 500 snapped 58.34 points higher, or 1.4%, to 4,224.79 and recovered nearly three-quarters of its worst weekly loss since February.
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Westlake, Lydall rise; Amazon, Nvidia fall
Financial markets news icon
| June 21st | 2021  4:21PM
Westlake, Lydall rise; Amazon, Nvidia fall
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday: Westlake Chemical Corp., up $2.65 to $93.96. The ethylene producer is buying Boral's North American building products business for $2.15 billion. Raven Industries Inc., up $19.03 to $57.65. CNH Industrial is…
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High court sides with ex-athletes in NCAA compensation case
High court sides with ex-athletes in NCAA compensation case
| June 21st | 2021  4:14PM
High court sides with ex-athletes in NCAA compensation case
WASHINGTON (AP) — The Supreme Court decided unanimously Monday that the NCAA can’t enforce rules limiting education-related benefits — like computers and paid internships — that colleges offer to student athletes. The case doesn’t decide whether students can be paid salaries. Instead, the ruling will help determine whether schools decide…
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Closing prices for crude oil, gold and other commodities
Corporate news news icon
| June 21st | 2021  3:27PM
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for July delivery rose $2.02 to $73.66 a barrel Monday. Brent crude oil for August delivery rose $1.39 to $74.90 a barrel. Wholesale gasoline for July delivery rose 3 cents to $2.20 a gallon. July heating oil rose 4 cents to $2.13 a gallon. July natural gas fell 2 cents to $3.19 per 1,000 cubic feet. Gold for August delivery rose $13.90 to $1,782.90 an ounce.
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EU, US, UK, Canada join forces to slap sanctions on Belarus
EU, US, UK, Canada join forces to slap sanctions on Belarus
| June 21st | 2021  1:06PM
EU, US, UK, Canada join forces to slap sanctions on Belarus
BRUSSELS (AP) — The United States, the European Union, Britain and Canada joined forces Monday to impose sanctions on several senior officials in Belarus over the forced diversion to Minsk of a passenger plane travelling between two EU countries last month. Asset freezes and travel bans were also imposed on a number of officials linked…
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Kirkland’s Stock is Providing Opportunistic Pullbacks Here
Kirkland’s Stock is Providing Opportunistic Pullbacks Here
| June 21st | 2021  11:00AM
Kirkland’s Stock is Providing Opportunistic Pullbacks Here
Home décor operator Kirkland’s (NASDAQ: KIRK) stock has been steadily sell-off as the reopening trend continues to dissipate in the markets. The Company has been in transformation mode since the new CEO Woody Woodward took the reins in 2018. CEO Woodward envisioned a new brand image where Kirkland’s was usually where consumers would shop at the end of the decorating process or during holidays.
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The Hershey Company A Favorite But Wait To Buy More 
The Hershey Company A Favorite But Wait To Buy More 
| June 21st | 2021  11:00AM
The Hershey Company A Favorite But Wait To Buy More 
The Hershey Company A Top Pick At Evercore Evercore ISI just released a note on consumer staples The Hershey Company (NYSE: HSY). Amongst a host of consumer staples companies with ever-improving fundamentals, Evercore says Hershey's gives the best execution and visibility for the sector. Analyst David Palmer points to sales growth in both the measured…
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Now It's Time To Buy These 3 IPOs
Now It
| June 21st | 2021  9:00AM
Now It's Time To Buy These 3 IPOs
The Analysts Are Buzzing About These 3 Stocks  The quiet period on three of the hottest IPOs of the spring has just come to an end and the analysts are already speaking up. Based on the chatter, these stocks should do well over the summer and this year. Based on the business models, fundamentals, and the outlook for earnings these stocks should…
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Auto Equipment Makers Growing Sales, Earnings After Slow 2020
Auto Equipment Makers Growing Sales, Earnings After Slow 2020
| June 21st | 2021  8:10AM
Auto Equipment Makers Growing Sales, Earnings After Slow 2020
Auto parts makers like Tenneco (NYSE: TEN) and Adient(NYSE: ADNT) are on the march after limping through 2020. Sales and earnings growth are picking up fast as the companies contend with challenges such as the global chip shortage.  Tenneco bolted 55.71% in May, and is up 26.34% this month. Those are part of the bigger picture representing a…
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Why You Might Have to Retire Later Due to COVID-19
Why You Might Have to Retire Later Due to COVID-19
| June 21st | 2021  8:00AM
Why You Might Have to Retire Later Due to COVID-19
The COVID-19 pandemic in general increased retirement uncertainty. In fact, Lincoln Financial Group reported three different sentiments regarding the pandemic and specific age groups:  Pre-retirees: The age group from 55 to 64 saw the biggest drop of retirement-ready confidence. Mid-career: Individuals between the ages of 35 and 54 saw a…
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MarketBeat Weekly: A Look Ahead 6-21
MarketBeat Weekly: A Look Ahead 6-21
| June 21st | 2021  8:00AM
MarketBeat Weekly: A Look Ahead 6-21
This week is going to be a real hurdle for the market. Last week, the Federal Reserve Open Market Committee dropped a bombshell on the market that took a couple of days to sink in. The FED not only increased its inflation outlook for this year by 100 basis points but the outlook for future rate hikes has been well advanced. Now it's time for the market…
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3 Stocks To Like From Wells Fargo’s Signature List
3 Stocks To Like From Wells Fargo’s Signature List
| June 21st | 2021  7:00AM
3 Stocks To Like From Wells Fargo’s Signature List
Back at the start of May, the folks over at Wells Fargo took a stab at picking stocks they thought were set to outperform their peers and the broader market throughout the rest of 2021. When considering what stocks to include, they looked at things like risk/reward profile, existing analyst ratings, and six-month average daily trading volume. The list…
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Boston Beer Blasts Up With New Guggenheim Report
Boston Beer Blasts Up With New Guggenheim Report
| June 21st | 2021  1:00AM
Boston Beer Blasts Up With New Guggenheim Report
Boston Beer (NYSE:SAM) made some new inroads as a report emerged from Guggenheim with plenty of positive points to note. The company is down 5.77% over the last five days of trading, but Guggenheim has quite a bit of faith in its recovery and further expansion. Guggenheim's bright outlook on the company is far from universal, however, as the consensus…
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Why AMC Stock Can’t Squeeze Like GameStop Stock
Why AMC Stock Can’t Squeeze Like GameStop Stock
| June 21st | 2021  1:00AM
Why AMC Stock Can’t Squeeze Like GameStop Stock
The world’s largest cinema operator AMC Entertainment (NYSE: AMC) stock has been on a tear as the resurgence of “meme” stock squeezes continues, but it’s no GameStop (NYSE: GME). It also appears that AMC and GameStop have decoupled in the near term as Reddit traders are favoring AMC. While GameStop continues to bleed and attempts…
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3 Software Growth Stocks Making a Comeback
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| June 19th, 6:00 AM
3 Software Growth Stocks Making a Comeback
If you are primarily a growth investor, the chances are good that you haven’t had the best year in the markets thus far. Many of the high-growth names that were huge winners in 2021 have faced serious selling pressure amidst valuation and inflation concerns. With that said, we are now seeing some of these names bounce back and get closer to making new highs.
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Now It's Time To Buy These 3 IPOs
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| June 21st, 9:00 AM
Now It's Time To Buy These 3 IPOs
The Analysts Are Buzzing About These 3 Stocks  The quiet period on three of the hottest IPOs of the spring has just come to an end and the analysts are already speaking up. Based on the chatter, these stocks should do well over the summer and this year. Based on the business models, fundamentals, and the outlook for earnings these stocks should…
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MarketBeat: Week in Review 6/14 – 6/18
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| June 19th, 5:00 AM
MarketBeat: Week in Review 6/14 – 6/18
This week can be summed up as a week when the more things change, the more they stayed the same. The markets were on metaphorical pins and needles awaiting the outcome of the Federal Reserve Board’s meeting. And while the Fed did give a cap tip toward inflation, it still looks unlikely to raise interest rates until 2023. Nor do they plan to cease their quantitative easing measures.
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3 Stocks To Like From Wells Fargo’s Signature List
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| June 21st, 7:00 AM
3 Stocks To Like From Wells Fargo’s Signature List
Back at the start of May, the folks over at Wells Fargo took a stab at picking stocks they thought were set to outperform their peers and the broader market throughout the rest of 2021. When considering what stocks to include, they looked at things like risk/reward profile, existing analyst ratings, and six-month average daily trading volume. The list…
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Why AMC Stock Can’t Squeeze Like GameStop Stock
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| June 21st, 1:00 AM
Why AMC Stock Can’t Squeeze Like GameStop Stock
The world’s largest cinema operator AMC Entertainment (NYSE: AMC) stock has been on a tear as the resurgence of “meme” stock squeezes continues, but it’s no GameStop (NYSE: GME). It also appears that AMC and GameStop have decoupled in the near term as Reddit traders are favoring AMC. While GameStop continues to bleed and attempts…
Read Article
Kirkland’s Stock is Providing Opportunistic Pullbacks Here
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| June 21st, 11:00 AM
Kirkland’s Stock is Providing Opportunistic Pullbacks Here
Home décor operator Kirkland’s (NASDAQ: KIRK) stock has been steadily sell-off as the reopening trend continues to dissipate in the markets. The Company has been in transformation mode since the new CEO Woody Woodward took the reins in 2018. CEO Woodward envisioned a new brand image where Kirkland’s was usually where consumers would shop at the end of the decorating process or during holidays.
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The Latest: Daily infections soar in Russia; Moscow hard hit
The Latest: Daily infections soar in Russia; Moscow hard hit
| June 19th, 12:09 PM
The Latest: Daily infections soar in Russia; Moscow hard hit
MOSCOW — Russia’s national coronavirus taskforce on Saturday reported 17,906 new infections, more than double the daily tally from early June. More than half of the new infections are in Moscow, where cases have tripled this month. The soaring case count has caused alarm among officials, who have increased measures to obstruct the spread.
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The Hershey Company A Favorite But Wait To Buy More 
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| June 21st, 11:00 AM
The Hershey Company A Favorite But Wait To Buy More 
The Hershey Company A Top Pick At Evercore Evercore ISI just released a note on consumer staples The Hershey Company (NYSE: HSY). Amongst a host of consumer staples companies with ever-improving fundamentals, Evercore says Hershey's gives the best execution and visibility for the sector. Analyst David Palmer points to sales growth in both the measured…
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Hong Kong court holds first hearing for Apple Daily execs
Hong Kong court holds first hearing for Apple Daily execs
| June 18th, 11:19 PM
Hong Kong court holds first hearing for Apple Daily execs
HONG KONG (AP) — The top editor of Hong Kong's Apple Daily pro-democracy newspaper and the head of its parent company were brought to a courthouse Saturday for their first hearing since their arrest under the city's national security law. Ryan Law, the chief editor, and Cheung Kim-hung, the CEO of Next Digital, arrived in an unmarked white van with covered windows.
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North Korean leader swears to overcome economic hardships
Kim Jong Un
| June 18th, 10:56 PM
North Korean leader swears to overcome economic hardships
SEOUL, South Korea (AP) — North Korean leader Kim Jong Un “solemnly swore” to navigate his country out of deepening economic troubles as he concluded a major ruling party meeting, acknowledging food shortages and urging officials to prepare for both dialogue and confrontation with the U.S. North Korea’s state media released Kim’s comments…
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Auto Equipment Makers Growing Sales, Earnings After Slow 2020
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| June 21st, 8:10 AM
Auto Equipment Makers Growing Sales, Earnings After Slow 2020
Auto parts makers like Tenneco (NYSE: TEN) and Adient(NYSE: ADNT) are on the march after limping through 2020. Sales and earnings growth are picking up fast as the companies contend with challenges such as the global chip shortage.  Tenneco bolted 55.71% in May, and is up 26.34% this month. Those are part of the bigger picture representing a…
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MarketBeat Weekly: A Look Ahead 6-21
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| June 21st, 8:00 AM
MarketBeat Weekly: A Look Ahead 6-21
This week is going to be a real hurdle for the market. Last week, the Federal Reserve Open Market Committee dropped a bombshell on the market that took a couple of days to sink in. The FED not only increased its inflation outlook for this year by 100 basis points but the outlook for future rate hikes has been well advanced. Now it's time for the market…
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Agency: Tennessee zinc miner fired for voicing safety worry
Government business and finance news icon
| June 20th, 8:30 AM
Agency: Tennessee zinc miner fired for voicing safety worry
NASHVILLE, Tenn. (AP) — Federal regulators have brought a complaint against a zinc mining company, claiming that an employee in Tennessee was illegally fired for making safety complaints about the mine. U.S. Secretary of Labor Marty Walsh filed the complaint earlier this month with the Federal Mine Safety and Health Review Commission against Nyrstar Gordonsville LLC on behalf of worker Richard Waller.
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Editor, CEO denied bail in Apple Daily case in Hong Kong
Editor, CEO denied bail in Apple Daily case in Hong Kong
| June 19th, 11:36 AM
Editor, CEO denied bail in Apple Daily case in Hong Kong
HONG KONG (AP) — A Hong Kong court ordered the top editor of pro-democracy newspaper Apple Daily and the head of its parent company held without bail Saturday in the first hearing since their arrest two days ago under the city's national security law. Ryan Law, the chief editor, and Cheung Kim-hung, the CEO of Next Digital, have been…
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Stocks rise solidly, led by technology companies and banks
Stocks rise solidly, led by technology companies and banks
| June 21st, 12:57 PM
Stocks rise solidly, led by technology companies and banks
Stocks were posting solid gains in afternoon trading Monday, following the market's steep declines the previous week. Technology stocks were leading the broad gains. Banks and industrial companies, which were hit hard last week, were also among the biggest gainers. The S&P 500 index was up 1.2% as of 12:39 p.m. Eastern.
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Why You Might Have to Retire Later Due to COVID-19
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| June 21st, 8:00 AM
Why You Might Have to Retire Later Due to COVID-19
The COVID-19 pandemic in general increased retirement uncertainty. In fact, Lincoln Financial Group reported three different sentiments regarding the pandemic and specific age groups:  Pre-retirees: The age group from 55 to 64 saw the biggest drop of retirement-ready confidence. Mid-career: Individuals between the ages of 35 and 54 saw a…
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UN office says Sri Lanka ship fire causes significant damage
UN office says Sri Lanka ship fire causes significant damage
| June 20th, 1:03 AM
UN office says Sri Lanka ship fire causes significant damage
COLOMBO, Sri Lanka (AP) — The U.N. representative in Sri Lanka said the sinking of a container ship that caught fire while transporting chemicals off the capital Colombo has caused “a significant damage to the planet” by releasing hazardous substances into the ecosystem. The Singapore-flagged X-Press Pearl sank off on Thursday a month after catching fire, raising concerns about a possible environmental disaster.
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In surprise move, Norwegian low-cost airline names new CEO
In surprise move, Norwegian low-cost airline names new CEO
| June 21st, 11:10 AM
In surprise move, Norwegian low-cost airline names new CEO
COPENHAGEN, Denmark (AP) — A new CEO for low-cost carrier Norwegian Air Shuttle was tapped Monday when the carrier’s Chief Financial Officer Geir Karlsen was named a day after the board decided to immediately terminate the contract with former CEO Jacob Schram. No reason was given for the change. In a statement, board head Svein Harald…
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CNH Industrial acquires driverless ag vehicle company
Consumer products and services news icon
| June 21st, 12:28 PM
CNH Industrial acquires driverless ag vehicle company
SIOUX FALLS, S.D. (AP) — CNH Industrial expects its $2.1 billion purchase of a South Dakota company will give it an edge in innovating autonomous technology in agriculture vehicles, the global manufacturer said Monday. The Italian-American agriculture vehicle manufacturer said it has acquired 100% of the capital stock of Raven Industries Inc.
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CrowdStrike (NASDAQ:CRWD) Upgraded by Stifel Nicolaus to "Buy"
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| June 21st, 8:13 PM
CrowdStrike (NASDAQ:CRWD) Upgraded by Stifel Nicolaus to "Buy"
CrowdStrike (NASDAQ:CRWD) was upgraded by equities research analysts at Stifel Nicolaus from a "hold" rating to a "buy" rating in a note issued to investors on Monday, The Fly reports.CrowdStrike Rises 4% After Beating Wall Street Views CRWD has been the topic of a number of other research reports. UBS Group decreased their price target on CrowdStrike…
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Union Pacific (NYSE:UNP) Coverage Initiated by Analysts at Stifel Nicolaus
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| June 21st, 8:13 PM
Union Pacific (NYSE:UNP) Coverage Initiated by Analysts at Stifel Nicolaus
Research analysts at Stifel Nicolaus assumed coverage on shares of Union Pacific (NYSE:UNP) in a research report issued on Monday, The Fly reports. The firm set a "hold" rating on the railroad operator's stock.Industrial Companies and Industrial ETFs to Watch in 2020Several other equities research analysts have also recently issued reports on the company.
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Stifel Nicolaus Initiates Coverage on Norfolk Southern (NYSE:NSC)
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| June 21st, 8:13 PM
Stifel Nicolaus Initiates Coverage on Norfolk Southern (NYSE:NSC)
Research analysts at Stifel Nicolaus started coverage on shares of Norfolk Southern (NYSE:NSC) in a research note issued to investors on Monday, The Fly reports. The brokerage set a "hold" rating on the railroad operator's stock.3 Stocks To Watch From Wells Fargo’s New “Signature Picks” ListSeveral other equities research analysts have also issued reports on the stock.
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Stifel Nicolaus Initiates Coverage on CSX (NASDAQ:CSX)
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| June 21st, 8:13 PM
Stifel Nicolaus Initiates Coverage on CSX (NASDAQ:CSX)
Equities research analysts at Stifel Nicolaus initiated coverage on shares of CSX (NASDAQ:CSX) in a note issued to investors on Monday, The Fly reports. The firm set a "hold" rating on the transportation company's stock.Is It Time To Sell CSX Corporation (NASDAQ:CXS)?CSX has been the subject of several other research reports. BMO Capital Markets upgraded…
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Stifel Nicolaus Begins Coverage on United Parcel Service (NYSE:UPS)
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| June 21st, 8:13 PM
Stifel Nicolaus Begins Coverage on United Parcel Service (NYSE:UPS)
Equities researchers at Stifel Nicolaus assumed coverage on shares of United Parcel Service (NYSE:UPS) in a note issued to investors on Monday, The Fly reports. The brokerage set a "hold" rating on the transportation company's stock.Buy Into United Parcel Service Investor Day WeaknessOther equities research analysts have also issued research reports about the stock.
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Stifel Nicolaus Initiates Coverage on FedEx (NYSE:FDX)
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| June 21st, 8:13 PM
Stifel Nicolaus Initiates Coverage on FedEx (NYSE:FDX)
Equities researchers at Stifel Nicolaus started coverage on shares of FedEx (NYSE:FDX) in a research report issued on Monday, The Fly reports. The brokerage set a "buy" rating on the shipping service provider's stock.These Hot Upgrades Are Moving Markets NowFDX has been the subject of a number of other research reports. JPMorgan Chase & Co. set a $340.00 target price on FedEx and gave the stock a "buy" rating in a report on Thursday, April 8th.
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TFI International (NYSE:TFII) Now Covered by Analysts at Stifel Nicolaus
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| June 21st, 8:13 PM
TFI International (NYSE:TFII) Now Covered by Analysts at Stifel Nicolaus
Investment analysts at Stifel Nicolaus assumed coverage on shares of TFI International (NYSE:TFII) in a note issued to investors on Monday, The Fly reports. The firm set a "buy" rating on the stock.Other equities research analysts have also issued reports about the stock. The Goldman Sachs Group assumed coverage on shares of TFI International in a report on Tuesday, May 11th.
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Stifel Nicolaus Begins Coverage on Saia (NASDAQ:SAIA)
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| June 21st, 8:13 PM
Stifel Nicolaus Begins Coverage on Saia (NASDAQ:SAIA)
Analysts at Stifel Nicolaus initiated coverage on shares of Saia (NASDAQ:SAIA) in a research report issued to clients and investors on Monday, The Fly reports. The brokerage set a "hold" rating on the transportation company's stock.Saia Stock A Buy After Beating 4th Quarter Consensus?SAIA has been the topic of a number of other research reports. Truist…
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Stephens Begins Coverage on Affirm (NASDAQ:AFRM)
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| June 21st, 8:13 PM
Stephens Begins Coverage on Affirm (NASDAQ:AFRM)
Stock analysts at Stephens started coverage on shares of Affirm (NASDAQ:AFRM) in a research report issued on Monday, The Fly reports. The firm set an "underweight" rating on the stock.Other equities analysts also recently issued research reports about the stock. Seaport Global Securities raised shares of Affirm from a "neutral" rating to a "buy" rating and set a $80.00 price objective on the stock in a research note on Friday, April 16th.
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Old Dominion Freight Line (NASDAQ:ODFL) Receives New Coverage from Analysts at Stifel Nicolaus
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| June 21st, 8:13 PM
Old Dominion Freight Line (NASDAQ:ODFL) Receives New Coverage from Analysts at Stifel Nicolaus
Equities researchers at Stifel Nicolaus assumed coverage on shares of Old Dominion Freight Line (NASDAQ:ODFL) in a report issued on Monday, The Fly reports. The brokerage set a "hold" rating on the transportation company's stock.ODFL has been the topic of a number of other reports. Credit Suisse Group raised their price target on Old Dominion Freight…
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ArcBest (NASDAQ:ARCB) Coverage Initiated by Analysts at Stifel Nicolaus
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| June 21st, 8:13 PM
ArcBest (NASDAQ:ARCB) Coverage Initiated by Analysts at Stifel Nicolaus
Equities researchers at Stifel Nicolaus began coverage on shares of ArcBest (NASDAQ:ARCB) in a report released on Monday, The Fly reports. The brokerage set a "buy" rating on the transportation company's stock.A number of other analysts have also recently issued reports on ARCB. Vertical Research upgraded shares of ArcBest from a "hold" rating to a "buy" rating and set a $85.00 target price for the company in a research note on Tuesday, June 8th.
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Stifel Nicolaus Initiates Coverage on Hub Group (NASDAQ:HUBG)
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| June 21st, 8:13 PM
Stifel Nicolaus Initiates Coverage on Hub Group (NASDAQ:HUBG)
Analysts at Stifel Nicolaus assumed coverage on shares of Hub Group (NASDAQ:HUBG) in a note issued to investors on Monday, The Fly reports. The brokerage set a "buy" rating on the transportation company's stock.Other equities analysts also recently issued reports about the company. Susquehanna upped their target price on Hub Group from $79.00 to $83.00 and gave the company a "positive" rating in a research report on Thursday, May 6th.
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J.B. Hunt Transport Services (NASDAQ:JBHT) Coverage Initiated at Stifel Nicolaus
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| June 21st, 8:13 PM
J.B. Hunt Transport Services (NASDAQ:JBHT) Coverage Initiated at Stifel Nicolaus
Research analysts at Stifel Nicolaus initiated coverage on shares of J.B. Hunt Transport Services (NASDAQ:JBHT) in a report released on Monday, The Fly reports. The firm set a "hold" rating on the transportation company's stock.J.B. Hunt Transport Services Is Driving To New All-Time HighsSeveral other research firms have also recently weighed in on JBHT.
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Canadian Pacific Railway (NYSE:CP) Coverage Initiated by Analysts at Stifel Nicolaus
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| June 21st, 8:13 PM
Canadian Pacific Railway (NYSE:CP) Coverage Initiated by Analysts at Stifel Nicolaus
Equities research analysts at Stifel Nicolaus began coverage on shares of Canadian Pacific Railway (NYSE:CP) (TSE:CP) in a research note issued on Monday, The Fly reports. The firm set a "hold" rating on the transportation company's stock.All Aboard Canadian Pacific (NYSE:CP): Railway Looks Primed for Blowout Q3 and Q4 EarningsOther analysts have also issued reports about the company.
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Ryder System (NYSE:R) Coverage Initiated by Analysts at Stifel Nicolaus
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| June 21st, 8:13 PM
Ryder System (NYSE:R) Coverage Initiated by Analysts at Stifel Nicolaus
Stifel Nicolaus assumed coverage on shares of Ryder System (NYSE:R) in a research note issued to investors on Monday, The Fly reports. The firm set a "hold" rating on the transportation company's stock.3 Oil Stocks That Will Survive Climate Change Other equities research analysts have also issued research reports about the stock. Truist Securities increased…
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Air Transport Services Group (NASDAQ:ATSG) Receives New Coverage from Analysts at Stifel Nicolaus
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| June 21st, 8:13 PM
Air Transport Services Group (NASDAQ:ATSG) Receives New Coverage from Analysts at Stifel Nicolaus
Stock analysts at Stifel Nicolaus began coverage on shares of Air Transport Services Group (NASDAQ:ATSG) in a report released on Monday, The Fly reports. The firm set a "buy" rating on the transportation company's stock.A number of other equities analysts have also weighed in on the company. Zacks Investment Research lowered Air Transport Services Group from a "hold" rating to a "strong sell" rating and set a $23.00 target price on the stock.
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Canadian National Railway (NYSE:CNI) Earns Hold Rating from Analysts at Stifel Nicolaus
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| June 21st, 8:13 PM
Canadian National Railway (NYSE:CNI) Earns Hold Rating from Analysts at Stifel Nicolaus
Analysts at Stifel Nicolaus initiated coverage on shares of Canadian National Railway (NYSE:CNI) (TSE:CNR) in a report released on Monday, The Fly reports. The firm set a "hold" rating on the transportation company's stock.A number of other analysts have also issued reports on the company. National Bank Financial reiterated a "sector perform" rating on shares of Canadian National Railway in a report on Wednesday, April 21st.
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Stifel Nicolaus Initiates Coverage on Atlas Air Worldwide (NASDAQ:AAWW)
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| June 21st, 8:13 PM
Stifel Nicolaus Initiates Coverage on Atlas Air Worldwide (NASDAQ:AAWW)
Analysts at Stifel Nicolaus assumed coverage on shares of Atlas Air Worldwide (NASDAQ:AAWW) in a note issued to investors on Monday, The Fly reports. The brokerage set a "buy" rating on the transportation company's stock.Several other analysts have also recently weighed in on AAWW. Truist started coverage on Atlas Air Worldwide in a report on Friday, April 16th.
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Stifel Nicolaus Initiates Coverage on Heartland Express (NASDAQ:HTLD)
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| June 21st, 8:13 PM
Stifel Nicolaus Initiates Coverage on Heartland Express (NASDAQ:HTLD)
Equities research analysts at Stifel Nicolaus initiated coverage on shares of Heartland Express (NASDAQ:HTLD) in a note issued to investors on Monday, The Fly reports. The firm set a "buy" rating on the transportation company's stock.A number of other brokerages also recently issued reports on HTLD. Robert W. Baird restated a "neutral" rating and set…
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