Market Currents

• Thursday, November 5, 2009

• 09:00 AM Premarket gainers: LAMR +16%. R +16%. ONNN +8%. DYN +7%. DIRI +7%. IRE +5%. BCRX +5%. NVAX +5%. MGM +5%. PCS +5%. CTIC +4%. CVM +4%. ING +4%. TRA +4%. QCOM +4%. AIB +4%. FNM +4%. CSCO +4%. CNO +4%. AMMD +4%.
  Losers: CVS -10%. AEO -10%. ARO -10%. WFMI -10%. DPTR -9%. BEE -8%. CF -7%. ATPG -7%. ABK -6%. Comment!

• Thursday, October 22, 2009

• 09:54 AM Ryder System (R): Q3 EPS of $0.50 beats by $0.05. Revenue of $1.26B (-20.3%) in-line. Anticipates the weak overall economic environment and protracted freight recession will continue to impact its performance. Shares +3.7%. (PR) 1 Comment
• 00:05 AM Notable pre-market earnings: AUO, BDK, BG, BMY, CBE, CELG, CHKP, CIT, CNX, DAL, DHR, DO, DOW, EMC, ERIC, ESV, ETR, FITB, GR, HBAN, HOT, HSY, JBLU, JNS, KMB, LCC, LH, LM, MCD, MJN, MMM, MRK, NCR, NIHD, NUE, NVS, NYT, ORI, OXY, PDS, PLD, PM, PNC, POT, R, RAI, RGC, RS, RTN, RX, SGP, STI, SY, T, TASR, TIN, TMO, TRA, TRV, UNP, UPS, XRX, ZMH Comment!

• Thursday, July 23, 2009

• 08:37 AM Ryder System (R): Q2 EPS of $0.43 beats by $0.06. Revenue of $1.24B (-25.1%) in-line. Expects weak overall economic environment and protracted freight recession to continue throughout the remainder of 2009. Shares +1.7% premarket. (PR) 1 Comment
• 00:05 AM Notable earnings before Thursday's open: ALXN, BG, BLL, BMY, CBE, CELG, CLS, CME, DHR, DO, ECA, EMC, ESI, ESV, F, FITB, FLIR, GR, HBAN, HOT, HSY, IGT, JBLU, KMB, LCC, LLL, MMM, NCR, NEM, NIHD, NOC, NUE, NYT, OMC, ORI, OXY, PLD, PM, PNC, POT, R, RAI, RS, RTN, RX, SIAL, SPNC, T, TIN, TMO, TRA, UNP, UPS, WYE, XRX, ZMH Comment!

• Wednesday, April 22, 2009

• 08:10 AM Ryder Systems (R): Q1 EPS of $0.25 beats by $0.03. Revenue of $1.2B (-22%) in-line. Sees full-year cash flow of at least $465M vs. $565M consensus. Suspends EPS guidance. "We expect worsened economic conditions and the corresponding prolonged freight recession to continue to broadly impact our customers and our business through the remainder of the year." (PR) Comment!
• 00:05 AM Notable earnings before Wednesday's open: AAI, APD, ATI, BA, CAL, CFR, DOV, ECA, ELN, FCX, GENZ, GNTX, IR, KMB, MCD, MO, MS, NITE, NOC, PBG, PDS, R, SNV, STJ, SY, T, TIN, WFC, WLP Comment!

• Wednesday, April 8, 2009

• 08:40 AM Ryder System (R): Sees Q1 EPS of $0.22-0.24 vs. a previous $0.40-0.50 and consensus of $0.46, due mainly to lower expected results in its Fleet Management Solutions unit. Shares -10% premarket. (PR) Comment!

• Wednesday, February 4, 2009

• 08:12 AM Ryder (R): Q4 EPS of $1.09 beats by $0.06. Revenue of $1.37B (-18%) vs. $1.51B. Sees Q1 EPS of $0.40-$0.50 vs. $0.80 and full-year EPS of $2.70-$3.40 vs. $4.07 on revenue of $5.4B vs. $6.1B. (PR) Comment!
• 00:05 AM Notable earnings before Wednesday's open: AGN, ALU, ARM, CLX, DVN, FNF, GR, ITT, KFT, NI, NOV, PM, PPL, R, RL, SLE, TMO, TWC, TWX, WIN Comment!

• Wednesday, October 22, 2008

• 08:36 AM Ryder System (R): Q3 EPS of $1.22 misses by $0.05. Revenue of $1.63B (-1.3%) in-line. (PR) Comment!
• 00:05 AM Notable earnings before Wednesday's open: ABFS, ABI, APD, ARW, ATI, BA, BHI, COP, DOV, EMC, FCL, GD, GENZ, GSK, KCI, KMB, MCD, MRK, NFX, NITE, NOC, NTRS, NWA, PM, R, RAI, ROH, RYN, SEIC, T, TCB, TRV, WB, WLP, WYE Comment!

• Wednesday, October 1, 2008

• 07:04 AM Why are Avis Budget Group (CAR) and Ryder System (R) both now on the no-short list? Comment!

• Wednesday, July 23, 2008

• 00:05 AM Notable earnings before Wednesday's open: ABFS, APD, ARW, ATI, ATMI, BA, BTU, COP, CVG, DOV, EMC, EXC, GD, GENZ, GSK, HSY, MCD, NIHD, NWA, NYB, NYT, PEP, PFE, PM, PX, R, SEIC, SLM, SOV, SY, T, TCB, TNB, TRV, UIS, WHR, WLP, WYE Comment!