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Stormy, Steamy In The Plains, Tropics Heating Up
Wednesday, July 10, 2019 - 4:01pm | 367Read More...These are the three things you need to know for Wednesday, July 10, 2019. More summer storminess: Severe thunderstorms could strike today and tonight from central Texas to the Great Lakes. Two regions in particular are most likely to see large hail, damaging winds and/or flash flooding: from...
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Barge Traffic Improves, Tropical Storm Barbara In Pacific
Monday, July 1, 2019 - 1:17pm | 341Read More...Barges moving again on the Mississippi: After several weeks of backups due to ongoing floods, barges are finally able to move up and down the Mississippi. All locks on the upper Mississippi and Illinois rivers are open, and only one lock in the St. Louis area remains closed. Traffic may still be...
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More Severe Storms, Interstates Remain Flooded
Tuesday, June 18, 2019 - 10:48am | 481Read More...Another round of severe storms: Scattered showers and thunderstorms will pop up again from the Rockies to the Mid-Atlantic coast today and tonight. Several storms could become very strong or severe — producing very large hail and damaging winds — from western Texas to the southern half of Kansas....
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February Economic Roundup: A Look At What's Ahead
Friday, February 1, 2019 - 12:47pm | 1846Read More...As part of FreightWaves overall coverage of freight markets, it publishes a summary of the changes in the economy over the past month, both in terms of the data releases and in developments in public policy. The Economic Roundup is designed to synthesize the events of the past month as they relate...
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Ford Vs. GM: New Leaders, Big Dreams
Wednesday, October 15, 2014 - 10:54am | 1248Read More...A few weeks ago, two of Detroit’s Big Three automakers — General Motors Company (NYSE: GM) and Ford Motor Company (NYSE: F) — released forecasts for the end of the year and the next few years. The forecasts come at an interesting juncture for both automakers, as each has...
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As Goes January, So Goes the Year? A Quantitative Look
Thursday, January 30, 2014 - 5:24pm | 463Read More...The saying, “As goes January, so goes the year,” has been commonplace on Wall Street since 1972 when introduced by Yale Hirsch. From 1950 through 1984, full year returns correlated with January’s performance at a rate of roughly 75 percent. Per efficient market theorem, this trend should have...
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UPDATE: Western Digital Lowers Q1 Revenue Forecast, Initiates Dividend
Friday, September 14, 2012 - 4:53am | 61Read More...Western Digital (NASDAQ: WDC) lowered its revenue forecast for the fiscal first quarter. The company initiated a quarterly dividend and lifted its share repurchase authorization by $1.5 billion. Western Digital projects Q1 revenue of $3.9 billion to $4 billion, down from its earlier forecast of...
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Xyratex Lowers FQ3 Revenue Forecast
Wednesday, September 12, 2012 - 5:03am | 53Read More...Xyratex Ltd (NASDAQ: XRTX) cut its revenue forecast for fiscal third quarter. Xyratex expects FQ3 revenue of $271 million to $276 million, versus its earlier forecast of $313 million to $373 million. Xyratex is expected to report its FQ3 results on October 2. Xyratex shares tumbled 16.85% to $8...
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Steel Dynamics Issues Weak Q3 Earnings Forecast
Wednesday, September 12, 2012 - 4:58am | 66Read More...Steel Dynamics (NASDAQ: STLD) issued downbeat earnings forecast for the third quarter. Steel Dynamics now projects earnings of $0.01 to $0.05 per share in the quarter. Excluding special items, it expects earnings of $0.09 to $0.14 per share, down from $0.20 per share in the year-ago period....
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UPDATE: Infoblox Issues Downbeat 2013 Earnings Forecast
Friday, September 7, 2012 - 4:39am | 50Read More...Infoblox (NYSE: BLOX) issued downbeat earnings forecast for the full year. Infoblox expects 2013 earnings of $0.04 to $0.07 per share on revenue of $195 to $202 million. However, analysts were projecting earnings of $0.11 per share on revenue of $194.8 million. Infoblox shares dipped 12.78% to $...
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UPDATE: Boingo Wireless Issues Downbeat Forecast
Thursday, August 9, 2012 - 5:00am | 58Read More...Boingo Wireless (NASDAQ: WIFI) reported weaker-than-expected second-quarter results and issued a downbeat view for the current quarter. Boingo projects revenue of $25.5 million to $26.5 million, and earnings of $0.05 to $0.06 per share for the period. However, analysts were expecting revenue of $...
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Avion Gold Lifts 2012 Production Outlook
Thursday, July 5, 2012 - 6:14am | 44Read More...Avion Gold (OTC: AVGCF) lifted its 2012 gold production view. The company now projects to produce between 95,000 and 102,000 ounces of gold, versus its previous outlook of 90,000 to 100,000 ounces. Avion Gold shares gained 0.91% to close at $0.4430 on Tuesday.
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Zumtobel Lowers Medium-Term Outlook
Wednesday, June 27, 2012 - 4:31am | 41Read More...Austria's Zumtobel AG (OTC: ZMTBF) lowered its medium-term view. Zumtobel's fourth-quarter sales fell 1.0% y/y to EUR316.1 million. It posted a net loss of EUR2.9 million, versus a year-ago loss of EUR1.3 million.
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Porvair Lifts FY12 Profit Forecast
Tuesday, June 26, 2012 - 3:22am | 46Read More...Porvair PLC (OTC: PVARF) lifted its profit forecast for fiscal 2012. The company reported a 48% rise in its profit in the first six months of the fiscal year. Its pretax profit surged to 2.4 million pound ($3.74 million) for the period.
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P&G Lowers Q4 Estimates
Wednesday, June 20, 2012 - 5:45am | 79Read More...Procter & Gamble Co (NYSE: PG) lowered its fourth-quarter profit and sales estimates. P&G now projects Q4 earnings of $1.17 to $1.26 per share, or adjusted earnings of $0.75 to $0.79 per share. However, analysts were expecting a profit of $0.82 per share. P&G had earlier expected...
