BloggingStocks

Seaspan (SSW): Shipping Returns

Steven Halpern — Wed, 23 Feb 2011 10:00:00 EST

Filed under: International Markets, Newsletters, Commodities, Stocks to Buy

"There's a little paradox in the identity of Seaspan (SSW), a company that specializes in container ships, which it acquires, crews, maintains and sails over the Seven Seas," suggests Paul Goodwin.

The global specialist suggests, "The paradox is that, despite all that ship-owning and sailing, Seaspan isn't actually a shipping company -- rather, it's a ship leasing company.

In his Cabot China & Emerging Markets Report, he continues, "Hong Kong-based Seaspan's business model is based on long-term leasing of its 57 container ships to companies that have goods to deliver.

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Seaspan (SSW): Shipping Returns originally appeared on BloggingStocks on Wed, 23 Feb 2011 10:00:00 EST. Please see our terms for use of feeds.

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Has Union Pacific Topped at $100?

Joseph Lazzaro — Wed, 02 Feb 2011 17:00:00 EST

Filed under: Stocks to Buy, Union Pacific Corporation (UNP)

Union Pacific (UNP) shares, first discussed here on March 27, 2009 at a price of $43, rose this winter to within roughly 50 cents of major, psychological resistance at $100, and if you haven't already, now may be a good time to consider taking some profits.

However, those investors who can tolerate the risk can maintain their full position, but keep in mind that the journey to $120 probably will not be completed in 2011.

Many macro-factors are running in UNP's favor. Union's revenue will likely increase an impressive 15-20% in 2010, with a better than 7% volume rise, on rising intermodal, industrial, and chemical transportation demand; 2011 revenue should advance 10-12%

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Has Union Pacific Topped at $100? originally appeared on BloggingStocks on Wed, 02 Feb 2011 17:00:00 EST. Please see our terms for use of feeds.

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CSX Goes Beyond Projections in Q3

Steven Mallas — Wed, 13 Oct 2010 10:30:00 EST

Filed under: Earnings Reports, Norfolk Southern Corp. (NSC), Union Pacific Corporation (UNP)

Railway company CSX (CSX) shares are up for the year. Even though the chart may look choppy, the stock is up nearly 35% year-to-date. Tuesday, it closed at a price of $57.26. After the bell, the company, which competes with such companies as Norfolk Southern (NSC) and Union Pacific (UNP), released third-quarter earnings were, and investors thought enough of them to give the company a bid in the extended session.

According to theflyonthewall, earnings per share of $1.08 beat the market's estimate by four pennies. That $1.08 figure was, as the corporate press release states, 48% higher than the year-ago income level.

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CSX Goes Beyond Projections in Q3 originally appeared on BloggingStocks on Wed, 13 Oct 2010 10:30:00 EST. Please see our terms for use of feeds.

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Two Stocks to Buy Now: Could One Be a Ten-Bagger?

Nikhil Hutheesing — Fri, 24 Sep 2010 15:00:00 EST

Filed under: Google (GOOG), Apple Inc (AAPL), Hilary On Stocks, Stocks to Buy, Stock Picks

Stocks continue their winning streak today, with companies such as Apple (AAPL) and Google (GOOG) rising so quickly it almost seems like 1999 over again. But instead of chasing high-profile companies, Hilary Kramer, editor of GameChangerStocks.com, says there are some great opportunities in companies that are growing fast, but still haven't caught the focus on Wall Street.

Among her picks: SatCon Technology Corp. (SATC), which takes solar energy and wind power and uploads those technologies to the smart grid, and Horizon Lines (HRZ), a shipping company with an edge. One of them, says Hilary, could be a ten-bagger.

Continue reading Two Stocks to Buy Now: Could One Be a Ten-Bagger?

Two Stocks to Buy Now: Could One Be a Ten-Bagger? originally appeared on BloggingStocks on Fri, 24 Sep 2010 15:00:00 EST. Please see our terms for use of feeds.

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FedEx Earnings Come Up a Little Short

Michael Fowlkes — Thu, 16 Sep 2010 11:00:00 EST

Filed under: Major Movement, Earnings Reports, Forecasts, Employees, FedEx Corp (FDX)

Shares of international shipping giant FedEx Corp. (FDX) are selling off in early morning trading after the company posted fiscal first quarter results that were a bit shy of analyst estimates.

As we noted in our FedEx earnings preview, analysts had been expecting to see the company report earnings of $1.21 for the quarter, but actual results came in a bit lower at $1.20.

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FedEx Earnings Come Up a Little Short originally appeared on BloggingStocks on Thu, 16 Sep 2010 11:00:00 EST. Please see our terms for use of feeds.

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FedEx to Deliver First Quarter Earnings

Michael Fowlkes — Wed, 15 Sep 2010 15:15:00 EST

Filed under: International Markets, Earnings Reports, Analyst Reports, Forecasts, Market Matters, FedEx Corp (FDX)

International shipper FedEx (FDX) will get its chance to impress Wall Street tomorrow when it reports its fiscal first quarter results.

Headed into tomorrow's report, analysts are expecting to see earnings of $1.21 per share. During the same period last year the company had earnings of $0.58.

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FedEx to Deliver First Quarter Earnings originally appeared on BloggingStocks on Wed, 15 Sep 2010 15:15:00 EST. Please see our terms for use of feeds.

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CSX Left Out of the Bullish Tide

Steven Mallas — Tue, 13 Jul 2010 16:40:00 EST

Filed under: Stocks to Buy

CSX Corporation (CSX) isn't partaking in this afternoon's bullish sentiment on Wall Street. It's too bad, because the railways latest earnings report would seem to be the type that would spur some buying. The market can fool you, though;that's why it's hard to be a trader, especially in such volatile times.

The selling I'm seeing feels more severe than is necessary, but you have to wonder what others are expecting from the company in the near-term future. Perhaps those on the bearish side of the aisle know something we don't, as they say. Still, if we are eventually to come out of this rough time (which we will), than buying on dips can be a useful strategy, even if it involves suffering through a period of pain.

Continue reading CSX Left Out of the Bullish Tide

CSX Left Out of the Bullish Tide originally appeared on BloggingStocks on Tue, 13 Jul 2010 16:40:00 EST. Please see our terms for use of feeds.

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Closing Bell: A Wash or a Loss? (BP, CBOE, FDX, NOK)

Jon Ogg — Wed, 16 Jun 2010 16:00:00 EST

Filed under: Nokia Corp. (NOK), FedEx Corp (FDX), BP p.l.c. ADS (BP)

Despite a fairly tame PPI reading, stocks were directionless today and whether the markets were red or black was not going to be set literally until the final minutes. BP plc (BP) recovered and kept oil shares from getting too far out of hand.

Here were today's closing bell levels:

Dow 10,409.46 +4.69 (0.05%)
S&P 500 1,114.60 -0.63 (-0.06%)
Nasdaq 2,305.93 +0.05 (0.00%)

Top Analyst Calls

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Closing Bell: A Wash or a Loss? (BP, CBOE, FDX, NOK) originally appeared on BloggingStocks on Wed, 16 Jun 2010 16:00:00 EST. Please see our terms for use of feeds.

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Closing Bell: The Chase Continues (SNTS, PRX, VLO, WMT, SIRI, UPS, YUM)

Jon Ogg — Thu, 15 Apr 2010 16:00:00 EST

Today was an odd day. The markets started out weak yet we still ended up with an unbelievable number of 52-week highs seen today. In fact, the markets ebbed and flowed all day between positive and negative from index to index. A weak jobless claims figure did not help matters, although that still seems to be largely ignored today.

Here were the unofficial closing bell levels today:

S&P 500 1,211.73 +1.08 (0.09%)
Dow 11,145.25 +22.14 (0.20%)
Nasdaq 2,515.69 +10.83 (0.43%)

Top Day Trader Alerts
Top Analyst Calls

Continue reading Closing Bell: The Chase Continues (SNTS, PRX, VLO, WMT, SIRI, UPS, YUM)

Closing Bell: The Chase Continues (SNTS, PRX, VLO, WMT, SIRI, UPS, YUM) originally appeared on BloggingStocks on Thu, 15 Apr 2010 16:00:00 EST. Please see our terms for use of feeds.

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CSX First Quarter Earnings Preview

Michael Fowlkes — Tue, 13 Apr 2010 10:00:00 EST

Filed under: Earnings Reports, Forecasts, Market Matters

Alcoa Inc. (AA) kicked off the earnings season Monday when it reported its first quarter results, and on Tuesday, after the market closes, rail carrier CSX Corp. (CSX) will get its chance to impress Wall Street when it reports its Q1 results.

Heading into today's report, analysts have forecast earnings of 69 cents per share. During the same period last year the company earned 62 cents.

Continue reading CSX First Quarter Earnings Preview

CSX First Quarter Earnings Preview originally appeared on BloggingStocks on Tue, 13 Apr 2010 10:00:00 EST. Please see our terms for use of feeds.

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FedEx Is Rising with the Economy's Prospects

Joseph Lazzaro — Mon, 12 Apr 2010 18:00:00 EST

Filed under: FedEx Corp (FDX), Stocks to Buy

Up more than 80% since first discussed in this space on April 13, 2009, at a price of $50.98, it's perfectly acceptable to take some profits off the table with FedEx Corporation (FDX).

However, those investors who can tolerate the risk can go for additional gains, which are likely ahead with FDX.

Continue reading FedEx Is Rising with the Economy's Prospects

FedEx Is Rising with the Economy's Prospects originally appeared on BloggingStocks on Mon, 12 Apr 2010 18:00:00 EST. Please see our terms for use of feeds.

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Railroads Traffic Indicates Rebound, but Not Recovery

Gary Sattler — Fri, 09 Apr 2010 16:00:00 EST

Filed under: Industry, Economic Data, Commodities, Burlington Northern Santa Fe (BNI), Norfolk Southern Corp. (NSC), Union Pacific Corporation (UNP), Recession

If rail freight numbers are a good economic indicator, and in my experience they are, then the railroads are sending a very strong message right now. That message, in it's simplest form, says that our national economy is rebounding nicely from last year's low ebb, but we've not yet moved into what could be termed a substantial recovery.

The Association of American Railroads (AAR) latest traffic report paints a fairly bright, yet cautious, picture. Carload freight volume is above 2009 levels for the sixth straight week over last year, and intermodal freight volume (shipping containers and semi trailers loaded on train cars) is above 2009 levels for the twelfth straight week. Total freight volume for the week ending April 3, 2010 was estimated at 31.3 billion ton-miles. This represents an 11% increase over the same week in 2009, but still represents a decrease of 9.3% when compared to the same week in 2008.

Continue reading Railroads Traffic Indicates Rebound, but Not Recovery

Railroads Traffic Indicates Rebound, but Not Recovery originally appeared on BloggingStocks on Fri, 09 Apr 2010 16:00:00 EST. Please see our terms for use of feeds.

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New Iron Ore Pricing Scheme Should Be Good for American Steel

Gary Sattler — Sun, 04 Apr 2010 14:40:00 EST

Filed under: Industry, China, U.S. Steel (X), Nucor Corp (NUE), BHP Billiton Ltd ADR (BHP), Rio Tinto plc ADS (RIO)

A new method of setting the price on iron ore for export is upsetting Chinese and European steel makers and auto manufacturers, but that same pricing scheme is most likely going to benefit U.S. steelmakers such as AK Steel (AKS), Nucor (NUE) and U.S. Steel (X).

In the past, iron ore pricing was largely set on an annual basis, with the first negotiated ore contracts of the season setting the price for the duration of that season. However, this year, the three largest iron ore miners, BHP Billiton (BHP), Rio Tinto (RTP) and Vale SA (VALE), have decided that they will seek quarterly renegotiation of ore contract pricing. This will allow those companies to take better advantage of increases in iron ore demand and spikes in spot prices.

Continue reading New Iron Ore Pricing Scheme Should Be Good for American Steel

New Iron Ore Pricing Scheme Should Be Good for American Steel originally appeared on BloggingStocks on Sun, 04 Apr 2010 14:40:00 EST. Please see our terms for use of feeds.

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UPS Is Well-Positioned for the Strengthening Global Economy

Joseph Lazzaro — Fri, 15 Jan 2010 17:20:00 EST

Filed under: United Parcel'B' (UPS), Stocks to Buy

After meandering for much of 2009, United Parcel Services' (UPS) stock finally broke through resistance, confirming the earlier bullish analysis, and it goes without saying that I'm reiterating my buy rating for the company's shares, first recommended on April 7, 2009, at a price of $51.28.

The worst is over for the delivery business and better quarters are ahead: increased pricing power, in some delivery segments, and higher volumes will ensue in the quarters ahead, as the U.S./global economic recoveries strengthen. Overall, revenue should increase 7-9% in FY2010 after a difficult FY2009.

Continue reading UPS Is Well-Positioned for the Strengthening Global Economy

UPS Is Well-Positioned for the Strengthening Global Economy originally appeared on BloggingStocks on Fri, 15 Jan 2010 17:20:00 EST. Please see our terms for use of feeds.

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Cramer on BloggingStocks: Ag and shippers are the newest bull markets

Jim Cramer — Wed, 18 Nov 2009 09:30:00 EST

Filed under: Deere and Co (DE), Stocks to Buy, Cramer on BloggingStocks, Potash Corp. of Saskatchewan (POT)

From TheStreet.com Network

TheStreet.com's Jim Cramer says it's not too late to get on board these rocket ships.

During the great narrow bull market that was 2006-2007, anyone who hitched a ride on any bulk or oil carrier, any DryShips (DRYS) (Cramer's Take) or Diana (DSX) (Cramer's Take), or any Frontline (FRO) (Cramer's Take) or Nordic American Tanker (NAT) (Cramer's Take), or anyone who bought anything ag-related -- Deere (DE) (Cramer's Take), Monsanto (MON) (Cramer's Take), Potash (POT) (Cramer's Take) -- looked like a genius.

Beginning midyear last year, you looked like a moron.

Continue reading Cramer on BloggingStocks: Ag and shippers are the newest bull markets

Cramer on BloggingStocks: Ag and shippers are the newest bull markets originally appeared on BloggingStocks on Wed, 18 Nov 2009 09:30:00 EST. Please see our terms for use of feeds.

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FedEx & UPS challenged by USPS flat rates

Sheldon Liber — Mon, 31 Aug 2009 18:00:00 EST

Filed under: Other Issues, Deals, Consumer Experience, Rants and Raves, Competitive Strategy, eBay (EBAY), Amazon.com (AMZN), FedEx Corp (FDX), United Parcel'B' (UPS), Small Business

The United States Postal Service has been heavily promoting it's flat rate deliveries based on the the size of the box instead of the weight in an attempt to retrieve some of the business that it has lost to Federal Express Corp (NYSE: FDX) and United Parcel Service.(NYSE: UPS) over the years.

The increasing use of the internet has reduced snail-mail traffic, hurting USPS revenue, while the internet has increased the traffic of package delivery services as sites like Amazon.com (NASDAQ: AMZN) and eBay (NASDAQ: EBAY) continue to expand their businesses and new enterprises and existing traditional companies expand their web presence.

Continue reading FedEx & UPS challenged by USPS flat rates

FedEx & UPS challenged by USPS flat rates originally appeared on BloggingStocks on Mon, 31 Aug 2009 18:00:00 EST. Please see our terms for use of feeds.

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Baltic Dry plunges: Captain, she's going down!

Alex Salkever — Thu, 25 Jun 2009 16:30:00 EST

Filed under: Forecasts, Economic Data, Commodities

On June 23, the CEO of the world's largest dry bulk cargo shipping company warned that he actually sees a decline in shipping volumes. That's very bad news for the bullish global trade argument and a smack to the head of the Green Shoots Brigade. Dry bulk cargo is how the world ships coal, steel, and other raw materials. The Baltic Dry Index -- the daily average of prices paid to ship these materials -- has long been a key leading indicator of industrial production. And after a spectacular triple digit run, the Baltic Dry Index rolled over this week and headed steeply downwards.

Continue reading Baltic Dry plunges: Captain, she's going down!

Baltic Dry plunges: Captain, she's going down! originally appeared on BloggingStocks on Thu, 25 Jun 2009 16:30:00 EST. Please see our terms for use of feeds.

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Best Trades of 2008: #4 Buying DryShips (DRYS) at the November low

Bryan Perry — Wed, 31 Dec 2008 15:30:00 EST

Filed under: Newsletters, Bargain Stocks, Stocks to Buy

During the bull market in commodities that peaked midway through 2008, shipping companies that transfer base commodities across the oceans enjoyed phenomenal runs to all-time highs before fizzling out like a Roman candle.

Companies that carry wheat, corn, soybeans, fertilizer, cement, iron ore pellets and sugar were printing money as the day rates for shipping dry commodities soared.

The rate charged by dry bulk shipping companies to buyers of commodities abroad, as measured by the Baltic Dry Index (BDI), began 2008 at roughly $5,800 per day. The rate topped out at $11,700 midyear, and bottomed out in early December at $675 -- a 94% correction. Absolutely unbelievable!

Shares of the most widely traded stock within the dry bulk shipping sector, DryShips (NASDAQ: DRYS), traded as high as $116 in May, reflecting the fullness of the commodity rally that seemed to be irreversible based on the glowing projections of China, India, central Europe and what are now known as "Frontier Economies," like Vietnam and Indonesia.

Following that meteoric rise in shares of DRYS to $116, the stock proceeded to careen all the way down to $3 in November.

Continue reading Best Trades of 2008: #4 Buying DryShips (DRYS) at the November low

Best Trades of 2008: #4 Buying DryShips (DRYS) at the November low originally appeared on BloggingStocks on Wed, 31 Dec 2008 15:30:00 EST. Please see our terms for use of feeds.

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Growth story could sail again -- buy DryShips (DRYS)

Jamie Dlugosch — Wed, 10 Dec 2008 12:45:00 EST

Filed under: Russia, Bargain Stocks, Stocks to Buy

They say that the higher you climb, the harder you fall. Well that has certainly been the story of freight carrier DryShips (NASDAQ: DRYS).

A glance at the stock's two-year chart is likely to cause more than just nausea.

In 2007, shares of DRYS rallied hard on the heels of the global growth story. Chinks in the armor began to appear in the fall of that year, and DRYS sold off some of its gains. By the end of that year, shares had lost 20% of their value from the peak.

The world economy was tied tighter to the U.S. economy than most believed. Even worse, the large amount of hedge fund money in the stock ultimately resulted in the stock's demise.

And what a demise it has been.

Shares of DRYS collapsed this year amid a slowing economy and the credit crisis. Prices for bulk goods fell like a rock at a time when new ships meant more capacity.

It was a recipe for disaster, but what about now? Is DRYS a bargain trading for less than $5 per share?

On Monday, with the news of a massive stimulus plan being advocated by the President-elect, DRYS turned on a dime. Following through yesterday, the stock is up some 30%.

Continue reading Growth story could sail again -- buy DryShips (DRYS)

Growth story could sail again -- buy DryShips (DRYS) originally appeared on BloggingStocks on Wed, 10 Dec 2008 12:45:00 EST. Please see our terms for use of feeds.

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FedEx (FDX) earnings matches analyst estimates

Michael Fowlkes — Thu, 18 Sep 2008 09:27:00 EST

Filed under: Before the Bell, Earnings Reports, Products and Services, Competitive Strategy, FedEx Corp (FDX)

Shipping giant FedEx (NYSE: FDX) reported its fiscal first quarter 2009, posting EPS of $1.23 a share, a 22% drop year-over-year.

The two main reasons for the 22% hit to its quarterly profit are high fuel costs and a slowing U.S. economy, which resulted in a lower demand for the company's express deliveries. Revenues were actually up 8.4% to $9.97 billion.

While it would be premature to say that market conditions are improving for the company, FedEx believes that it is doing everything it needs to do in order to compete and succeed in this current environment. According to the company's CEO, Fred Smith, "FedEx is taking strong, proactive actions to manage through this difficult cycle.''

One method of offsetting rising fuel costs will be implemented in January 2009, when the company will be raising its rates by an average of 6.9% for U.S. and U.S. export services.

Looking ahead, the company raised its second quarter outlook to between $1.40 and $1.40, higher than the $1.35 that analysts consensus, and raised its full year 2009 guidance to between $4.75 and $5.25, versus the consensus of $5.18.

The market is reacting somewhat positively to this mornings report as the stock is up slightly in in pre-market trading.

Michael Fowlkes has worked as a stock trader for seven years and spent the last four years working as an analyst for the online investment advisory service Investor's Observer.

FedEx (FDX) earnings matches analyst estimates originally appeared on BloggingStocks on Thu, 18 Sep 2008 09:27:00 EST. Please see our terms for use of feeds.

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