UPDATE: XPO Logistics (XPO) PT Raised to $112 at Jefferies; Review Could Unlock $30-$60/Share
- Stocks hit by tech slide; yen flails at intervention zone
- Meta Platforms reports softer Q2 revenue guidance on plans to boost spending on AI
- Oil steady as US demand concerns balance Middle East conflict risks
- Yen hits fresh 34-year lows against dollar ahead of BOJ meeting
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Hasbro (HAS) brand strength sees earnings top expectations
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Crude Inventory Declined 6.4 Million Barrels Last Week
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
XPO Logistics (XPO) PT Raised to $105 at Raymond James
January 16, 2020 7:13 AM ESTRaymond James analyst Patrick Tyler Brown raised the price target on XPO Logistics (NYSE: XPO) to $105.00 (from $85.00) while maintaining a Outperform rating.... More
XPO Logistics (XPO) PT Raised to $104 at BofA Securities
January 16, 2020 6:20 AM ESTBofA Securities analyst Ariel Rosa raised the price target on XPO Logistics (NYSE: XPO) to $104.00 (from $87.00) while maintaining a Neutral rating.
... MoreXPO Logistics (XPO) IV low into announcing it is exploring strategic alternatives
January 16, 2020 5:24 AM ESTXPO Logistics (NYSE: XPO) January call option implied volatility is at 31, February is at 36; compared to its 52-week range of 31 to 59 into announcing it is exploring strategic alternatives.
... MoreOptions expected to have increasing volume: XPO AA SLB MS TSLA
January 16, 2020 5:19 AM ESTOptions expected to have increasing volume: XPO AA SLB MS TSLA
... MoreAfter-Hours Movers 01/15: (MNI) (XPO) (OSMT) Higher; (ACOR) (GWRS) (AA) Lower (more...)
January 15, 2020 5:48 PM ESTToday's After-Hours Movers
McClatchy (NYSE: MNI) 90.2% HIGHER; announced today that it has entered into a Standstill Agreement with the Pension Benefit Guaranty Corporation (PBGC), extending its current runway for negotiating a consensual restructuring with key stakeholders.
XPO Logistics,... More
XPO Logistics (XPO) Confirms Exploration of Strategic Alternatives for One or More Business Units
January 15, 2020 4:30 PM ESTXPO Logistics, Inc. (NYSE: XPO) today announced that its board of directors has authorized a review of strategic alternatives, including the possible sale or spin-off of one or more of XPOs business units.
Bradley Jacobs, chairman and chief executive officer of XPO Logistics, said, XPO is... More