| Forum Stats | Members: 24,380 Threads: 59,503 Posts: 706,332 Total Online: 230 Newest Member: tiredofit |
| |
 | | 
10-24-2008, 03:30 AM
| | Only Thinking Retirement. | | Join Date: May 2006 Location: Out in the West
Posts: 5,322
| |  Earnings season
Volatility continued Thursday as the Dow turned an early 1.5% loss into a 3.3% gain, but then saw the advance fade into a 3.2% loss when the index fell to its session low. The Dow rallied late in the session to finish 2.0% higher.
Dow 8,691.25 +172.04 +2.02%
Nasdaq 1,603.91 -11.84 -0.73%
S&P 500 908.11 +11.33 +1.26%
YRCW 3.95 0.184.77%
UPS 48.13 1.743.75%
FDX 60.00 2.003.45%
ODFL 24.02 -0.13-0.54%
HTLD 13.37 -0.21-1.55%
WERN 17.23 -0.29-1.66%
CNW 32.72 -0.76-2.27%
JBHT 25.55 -0.82-3.11%
ABFS 27.19 -0.92-3.27%
KNX 12.71 -0.50-3.79%
SAIA 7.97 -0.46-5.46%
LSTR 31.78 -2.49-7.27%
YRC Worldwide reports Q3 profit on benefits, gains
UPDATE 1-YRC Worldwide reports Q3 profit on benefits, gains | Markets | Markets News | Reuters
UPS net tops Street view, warns Santa's sleigh light
UPS net tops Street view, warns Santa's sleigh light: Financial News - Yahoo! Finance
| | | 
|
10-26-2008, 05:21 PM
| | Only Thinking Retirement. | | Join Date: May 2006 Location: Out in the West
Posts: 5,322
| | Ups
|
10-27-2008, 10:06 PM
| | Only Thinking Retirement. | | Join Date: May 2006 Location: Out in the West
Posts: 5,322
| | The Age of Prosperity Is Over
By ARTHUR B. LAFFER
About a year ago Stephen Moore, Peter Tanous and I set about writing a book about our vision for the future entitled "The End of Prosperity." Little did we know then how appropriate its release would be earlier this month.
Financial panics, if left alone, rarely cause much damage to the real economy, output, employment or production. Asset values fall sharply and wipe out those who borrowed and lent too much, thereby redistributing wealth from the foolish to the prudent. This process is the topic of Nassim Nicholas Taleb's book "Fooled by Randomness."
The Age of Prosperity Is Over - WSJ.com
DOW.......8175.77...-203.18...-2.42%
NASDAQ....1505.9...-46.13...-2.97%
S&P500......848.92...-27.85...-3.18%
YRCW...3.60...+0.331...+0.09%
ODFL...25.12...+2.16...+9.41%
ABFS...26.59...+1.06...+4.15%
WERN...17.49...+0.35...+2.04%
KNX...13.91...+0.22...+1.61%
LSTR...32.09...-0.01...-0.03%
CNW...31.60...-0.07...-0.22%
SAIA...7.73...-0.04...-0.51%
HTLD...13.41...-0.12...-0.89%
JBHT...24.40...-0.34...-1.37%
FDX...54.94...-1.87...-3.29%
UPS...44.68...-1.87...-4.02%
Analyst slashes earnings forecast on YRC Worldwide
The analyst suggests that freight demand should continue to weaken through 2009 and that YRC will lose customers as it merges its Yellow and Roadway brands.
He forecasts that freight tonnage might fall for 5 more quarters.
"This does not bode well for the less-than-truckload group as a whole, and YRC, in particular, has a track record of underperforming its peers operationally," he said.
Analyst slashes earnings forecast on YRC Worldwide: Financial News - Yahoo! Finance
Rails and trucks post widely different 3Q outcomes
Railroads and trucking companies told very different stories in their third-quarter earnings reports, as rails continued fetch higher prices and truckers dealt with weak pricing and slumping demand.
Rails and trucks post widely different 3Q outcomes: Financial News - Yahoo! Finance
Deutsche Post sees 3Q profits fall, cuts outlook
FRANKFURT, Germany (AP) -- Deutsche Post AG slashed its earnings forecasts for both 2008 and 2009 on Monday, saying it expects pretax profit to fall 8 percent in the third quarter as the financial crisis takes its toll.
Deutsche Post sees 3Q profits fall, cuts outlook: Financial News - Yahoo! Finance
 | | |
| | Thread Tools | | | | Display Modes |  Linear Mode | 
Posting Rules
| You may not post new threads You may not post replies You may not post attachments You may not edit your posts
HTML code is On | | | |
