Updated Outlooks, MOU Changes, Public Offerings, Conference Calls, and New Appointments - Research Report on Old Dominion, YRC Worldwide, Golar LNG, Landstar and Con-way
NEW YORK, December 12, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting Old Dominion Freight Line Inc. (NASDAQ: ODFL), YRC Worldwide Inc. (NASDAQ: YRCW), Golar LNG Ltd. (NASDAQ: GLNG), Landstar System Inc. (NASDAQ: LSTR) and Con-way Inc. (NYSE: CNW). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Old Dominion Freight Line Inc. Research Report
On December 3, 2013, Old Dominion Freight Line Inc. (Old Dominion) reported that it has updated its growth expectations for Q4 2013 as compared with Q4 2012. The Company stated that it anticipates a 9.5% to 10.0% growth in tons per day for the quarter, versus the previous expected range of 9.0% to 10.0%. Old Dominion informed that tons per day increased at a rate of 8.5% and 10.3% for October and November 2013, respectively as compared to October and November 2012. The Company added that it expects its revenue per hundredweight, excluding fuel surcharges, to grow in a range of 1.5% to 2.0%, versus the previous expected range of 1.5% to 2.5%. David S. Congdon, President and CEO of Old Dominion, stated, "Old Dominion has continued to produce solid revenue growth in the fourth quarter of 2013 through a combination of increased tons and yield. We believe our growth in October and November was the result of increased market share while also maintaining our core pricing philosophy. Our updated guidance for revenue per hundredweight, excluding fuel surcharges, reflects changes to the mix of our freight that can lower this metric." The Full Research Report on Old Dominion Freight Line Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/e93c_ODFL
YRC Worldwide Inc. Research Report
On December 6, 2013, YRC Worldwide Inc. (YRC Worldwide) announced the approval of the local union leaders of the International Brotherhood of Teamsters (IBT) for sending Company's proposed changes to the current Memorandum of Understanding (MOU) to its 26,000 YRCW members for a vote. The company stated that it expects IBT to mail the requisite ballots early next week and collect and count the results on January 8, 2014. YRC Worldwide added that the proposal will not reduce wages, health or pension contributions for current employees. The Full Research Report on YRC Worldwide Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/3149_YRCW
Golar LNG Ltd. Research Report
On December 5, 2013, Golar LNG Limited (Golar) announced that it is offering 3.4 million common units, representing limited partner interests in Golar LNG Partners LP (Golar Partners), as a selling unitholder in the public offering announced by Golar Partners on December 5, 2013. According to the Company, Golar Partners also plans to offer 5.1 million of its common units in the offering and Golar Partners's general partner, Golar GP LLC, intends to maintain its 2% general partner interest by subscribing to the newly issued units. Golar stated that it intends to use the proceeds from the offering of the common units of Golar Partners to create liquidity which potentially can be utilized for offering its floating LNG production business. The Full Research Report on Golar LNG Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/37b1_GLNG
Landstar System Inc. Research Report
On December 2, 2013, Landstar System Inc. (Landstar) announced that it has scheduled a live webcast of its mid-quarter conference call for Q4 2013 on December 13, 2013 at 2:00 p.m. ET. The Company informed that the webcast will be available at its website under Investor Relations section. The Full Research Report on Landstar System Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/9ff1_LSTR
Con-way Inc. Research Report
On November 26, 2013, Menlo Worldwide Logistics (Menlo), global logistics subsidiary of Con-way Inc. (Con-way), announced the appointment of Michael Lim as the Business Development Director for its operations in South Asia. The Company stated that in his new role, Mr. Lim will be responsible for the management of industry group accounts and supervision of all new business development aspects within specific industry vertical segments, and will be located at Menlo's Singapore office. Desmond Chan, Managing Director for South Asia, Menlo, commented, "Michael brings more than 20 years of logistics experience to Menlo, having designed and managed projects throughout Asia in his previous roles. Michael's proven expertise and vast industry knowledge will support our continued growth in South Asia, and we are proud to have him as part of our team." The Full Research Report on Con-way Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/1784_CNW
EDITOR NOTES:
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
- For any urgent concerns or inquiries, please contact us at [email protected].
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Nidhi Vatsal, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
http://www.analystscorner.com/
SOURCE Analysts' Corner
Share this article