Celadon Group, Inc.
Warren Buffett's recent purchase of Burlington Northern Santa Fe shoved the rail industry into the spotlight, but trucks still serve an important function. It is true that trains and water are more efficient than trucks. Still, truckers benefit from a huge road network that they are not forced to maintain. Some trucking firms are strong companies, even if they do not offer the efficiencies of rail or water.
A few weeks ago FedEx Corporation (NYSE: FDX) surprised the market when it cut guidance citing global demand. The company, which is a major indicator of economic health, always provides a fairly accurate forecast of growth. The company’s outlook included 2.2% U.S. GDP growth for 2012 and then 1.9% growth in 2013, and the company also revised industrial production below analyst expectations. Obviously, the stock slid more »
Progress Report: Celadon Group Inc. (NYSE: CGI), mentioned April 5, 2012 with a closing price at $15.84, is currently off around $2 at $13.88 (July 26, 2012).
United Parcel Service (NYSE: UPS) reported a second quarter earnings miss and subsequently cut the company’s earnings outlook, so the stock is taking a bit of a beating, down as much as 4% (just under $75, July 26). UPS is more »
I receive more stock recommendations than the average investor. I’m certain of it. My inbox is cluttered with subject lines that scream, “Critical Warning Number Six”, “Stay Away from this Stock”, “This Stock Could Soar”, and “Hi”. If I ventured to take the time to sift through all that mess, I am certain the next great Hollywood screenplay would never get written, and trust me, that’s not what more »