Hints and tips:
...The reason to be wary in Uber’s case is the future of on-demand transportation is… quite uncertain....
...Shares in trucking company Swift Transportation jumped 21.1 per cent to $16.56 after it reported better than expected fourth-quarter earnings....
...The biggest truckload carrier in North America, Swift Transportation, edged up 0.9 per cent to $11.10 in its first day of trading....
...At the close, the S&P 500 was down 0.2 per cent at 1,074.57, the Dow Jones Industrial Average lost 0.1 per cent to 10,138.52 and the Nasdaq Composite fell 0.1 per cent to 2,220.65....
...Roadrunner Transportation, a transportation logistics company, was down 1.8 per cent to $13.75 on its listing debut....
...by co-founding RKO, home of Kong and Kane....
...Swift Transportation rose $5.79, or 24 per cent, to $29.84 after it received a buyout bid from its largest shareholder, former chief executive Jerry Moyes. The bid was made at $29 a share....
...Swift Transportation , the US long-haul truck company that received a $2.2bn buyout offer, rose 15.2 per cent at $27.70 over the week....
...Logistics company Swift Transportation fell 8.5 per cent to $16.85 as it said higher fuel costs and weaker demand for freight would cause it to miss third quarter earnings’ expectations....
...Third-quarter profit rose 4.5 per cent, with price increases and new products offsetting higher production and transportation costs....
...Rising energy costs also led US Steel, off 5 per cent, and trucking company Swift Transportation, down 6.5 per cent, to issue profits warnings....
...High fuel costs prompted Swift Transportation to warn of lower than expected profits, sparking a downgrade by Bear Stearns. The trucking company's shares lost 10.9 per cent to $16.28....
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