Posts for Ticker ‘ODFL’

Today’s Best Market Rumors (11/2/2009) (LVS)(PFE)(PLX)(BK)(ODFL)(PALM)(AAPL)

newspaperUpdated throughout the day.

Updated 1.05 PM EST:  Las Vagas Sands (NYSE:LVS) will try to raise $2.5 billion though an IPO in Hong Kong  (AP)

Updated 11.12 AM EST: Pfizer (NYSE:PFE) is considering a joint venture with Protalix Biotherapeutics (AMAX:PLX) and may buy the Israeli company. (Reuters)

Updated 9.50 AM EST: The Fed will keep rates as they are  (CBNC)

A deal for Comcast (NASDAQ:CMCSA) to take control of NBCU from GE (NYSE:GE) is imminent, as usual.  (NYTimes)

Goldman Sachs (NYSE:GS) is considering buying Fannie Mae (NYSE:FNM) tax credits (WSJ)

Bank of NY Mellon’s (NYSE:BK) CEO turned down a chance to be considered for the Bank of America (NYSE:BAC) CEO job.  (WSJ)

Roger Nightingale, economist at Pointon York, says the world faces a 1930s type depression if government stimulus packages are pulled too soon  (CNBC)

A draft order to approve AT&T’s (NYSE:T) $2.8 billion acquisition of Centennial Communications Corp is circulating at the Federal Communications Commission. (The Deal)

Apple’s (NASDAQ:AAPL) top advertising strategist is not leaving his job.  (AppleInsider)

Sprint (NASDAQ:S) is starting to downplay the importance of the Palm (NASDAQ:PALM) Pre compared to other smartphones it is marketing.  (Barron’s)

Shares of Old Dominion (NASDAQ:ODFL) could move from $27 to $40 in a year  (BusinessWeek)

The market share of Apple’s Mac has not been hurt by the release of Microsoft’s (NASDAQ:MSFT) Windows 7.

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Douglas A. McIntyre

Top 10 Analyst Upgrades & Downgrades (AMG, AG, IRE, CAG, GPN, JASO, LEA, NTGR, ODFL, YHOO)

These are ten of the top analyst upgrades, downgrades, and initiation calls we have seen from Wall Street early this Monday morning with about two hours until the market opens:

Affiliated Managers Group (AMG) Raised to Outperform at KBW.
AGCO (AG) Raised to Buy at Jefferies.
Bank of Ireland (IRE) Cut to Hold at Deutsche Bank.
ConAgra (CAG) Cut to Hold at Citigroup.
Global Payments (GPN) Raised to Outperform at William Blair.
JA Solar (JASO) Cut to Hold at Lazard.
Lear (LEA) Cut to Underweight at Barclays.
Netgear (NTGR) Raised to Hold at Deutsche Bank.
Old Dominion Freight (ODFL) Raised to Outperform at Morgan Keegan.
Yahoo! (YHOO) Raised to Buy at Citigroup.

JON C. OGG
June 15, 2009

Early Bird Analyst Downgrades (B, CCL, CTCM, DO, ESS, HAL, HMY, IP, ODFL, PKG)

These are some of the top pre-market analyst downgrades we have seen with more than two hours to the open this Monday morning:

  • Barnes Group (B) Cut to Neutral at Baird.
  • Carnival (CCL) Cut to Sell at S&P.
  • CTC Media (CTCM) Cut to Neutral at Goldman Sachs.
  • Diamond Offshore (DO) Cut to Neutral at Goldman Sachs.
  • Essex Property Trust (ESS) Cut to Sell at Goldman Sachs.
  • Halliburton (HAL) Cut to Neutral at Goldman Sachs.
  • Harmony Gold (HMY) Cut to Underperform at RBC.
  • International Paper (IP) Cut to Neutral at Goldman Sachs.
  • Old Dominion Freight Line (ODFL) Cut to Neutral at Baird.
  • Packaging Corp. (PKG) Cut to Neutral at Goldman Sachs.

Jon C. Ogg
November 3, 2008

Top Pre-Market Upgrades & Downgrades (AB, ABFS, CNY, DKX, BEN, KMT, ODFL, OTTR, PZN, RJF, JOE, TROW, YRCW)

These are not all of the research calls affecting shares of stock, but these are some we have our eyes on this Monday:

  • Alliance Bernstein (AB) Raised to Outperform at KBW.
  • Arkansas Best (ABFS) Cut to Underweight at JPMorgan.
  • Con-Way (CNY) Cut to Neutral at JPMorgan.
  • Dick’s Sporting Goods (DKS) Started as Overweight at Lehman.
  • Franklin Resources (BEN) Cut to Market Perform at KBW.
  • Kennametal (KMT) Cut to Sell at Goldman Sachs.
  • Old Dominion Freight Line (ODFL) Cut to Neutral at JPMorgan.
  • Otter Tail (OTTR) Raised to Outperform at Baird.
  • Pzena (PZN) Cut to Underperform at KBW.
  • Raymond James Financial (RJF) Cut to Market Perform at KBW.
  • St. Joe (JOE) Cut to Market Perform at KBW.
  • T. Rowe Price (TROW) Cut to Underperform at KBW.
  • YRC Worldwide (YRCW) Cut to Underweight at JPMorgan.

Jon C. Ogg
September 22, 2008

Top 10 Pre-Market Analyst Calls (AFL, AW, CPB, MWV, NYX, ODFL, PDLI, PCZ, SPIL, WDFC)

There are other calls out there, but these are ten of the early morning analyst calls that we are focused on this Friday 13th:

  • Aflac (NYSE: AFL) Started as Buy at SunTrust Robinson Humphrey.
  • Allied Waste (NYSE: AW) Raised To Buy From Neutral at Goldman Sachs.
  • Campbell Soup (NYSE: CPB) Raised To Overweight from Equalweight at Lehman.
  • MeadWestvaco (NYSE: MWV) Raised to Buy from Hold at Citigroup.
  • NYSE Euronext (NYSE: NYX) Started as Neutral at Credit Suisse.
  • Old Dominion Freight Line (NASDAQ: ODFL) Raised to Outperform from Neutral at Baird.
  • PDL Biopharma (NASDAQ: PDLI) Cut to Neutral from Outperform at Credit Suisse.
  • Petro-Canada (NYSE: PCZ) raised to Buy at Banc of America.
  • Siliconware Precision (NASDAQ: SPIL) Raised to Neutral from Sell at UBS.
  • WD-40 (NASDAQ: WDFC) Cut to Underweight from Neutral at JPMorgan.

Jon C. Ogg
June 13, 2008

Pre-Market Earnings Gappers (July 26, 2007)

(AAPL) Apple traded down initially, but shares are up 7% pre-market after earnings and maintaining 2008 iPhone sales.
(AKAM) Akamai Tech $0.30 EPS vs $0.30 estimate; shares down over 10% pre-market on guidance being in-line and after broker downgrades.
(AN) Auto Nation $0.38 EPS vs $0.42 estimate.
(APA) Apache $1.89 EPS before items vs $1.90.
(ARTG) Art Tech $0.00 EPS vs $0.01 estimate.
(BC) Brunswick $0.65 EPS vs $0.64 estimate.
(BDK) Black & Decker $1.75 EPS versus $1.73 estimate.
(BIDU) Baidu.com posted over 100% growth in earnings and revenues; $0.54 EPS equivalent versus $0.43 estimate; trading up 17% pre-market.
(BZH) Beazer Homes -$0.06 EPS versus -$0.46 estimate, although estimates are all over the place.
(CMCSA) Comcast $0.19 EPS & $7.71 Billion revenues versus $0.19/$7.71B estimates; shares trading down 3% pre-market.
(CMI) Cummins $2.13 EPS versus $1.58 estimate.
(CNX) Consolidated Energy $0.83 EPS vs $0.60 estimate; unsure if comparable.
(COL) Rockwell Collins $0.86 EPS vs $0.83 estimate.
(F) Ford $0.13 EPS versus -$0.36 estimate; unsure if comparable; shares trading up 2% pre-market.
(GT) Goodyear Tire $0.35 EPS vs $0.37 estimate.
(ICE) IntercontinentalExchange $0.85 EPS versus $0.76 estimate.
(IKN) IKON Office $0.23 EPS vs. $0.23 estimate; sees next quarter $0.22 EPS vs $0.23 estimate.
(KEI) Keithly -$0.03 EPS vs -$0.01 estimate.
(KLIC) Kulicke & Soffa $0.08 EPS versus $0.08 estimate; shares down 1% pre-market.
(LLL) L-3 Communications $1.49 EPS versus $1.43 estimates.
(MMM) 3M $1.25 EPS vs $1.18 estimate.
(ODFL) Old Dominion Freight Line $0.57 EPS versus $0.55 estimate.
(PCCC) PC Connection $0.21 EPS versus $0.19 estimate.
(PMTI) Palomar Meed $0.43 EPS vs $0.29 estimates.
(QCOM) Qualcomm $0.55 EPS vs $0.51 estimate; fiscal guidance raised to $1.95 to $1.97 versus prior $1.84 to $1.88 range; shares up 1.5% pre-market.
(QLTI) QLT Inc. $0.08 EPS vs $0.07 estimate.
(RAIL) Freightcar America $0.93 EPS vs $0.92 estimate.
(RCL) Royal Caribbean $0.60 EPS vs $0.60 estimate.
(RTN) Raytheon $0.79 EPS versus $0.68 estimate; unsure if comparable.
(TEN) Tenneco $0.87 EPS vs $0.77 estimate.
(UST) UST Inc. $0.90 EPS vs $0.85 estimate.
(UTEK) Ultratech $0.04 EPS vs -$0.04 estimate.
(WEN) Wendy’s $0.33 EPS vs $0.33 estimate.
(XOM) Exxon Mobil $1.83 EPS vs $1.96 estimate; trading down 2% pre-market.
(XMSR) XM Satellite Radio -$0.45 EPS and $277M revenues versus estimates of -$0.44/$274.75M; added about 338,000 net subscribers; shares down 1.75%.

Jon C. Ogg
July 26, 2007