NEW YORK, March 10, 2017 /PRNewswire/ --
In today's pre-market research, Stock-Callers.com shifts focus on: FedEx Corp. (NYSE: FDX), C.H. Robinson Worldwide Inc. (NASDAQ: CHRW), Sino-Global Shipping America Ltd (NASDAQ: SINO), and XPO Logistics Inc. (NYSE: XPO). The Air Delivery and Freight Services industry consists largely of private and publicly held cargo airlines, which together form a patchwork connecting a national infrastructure served by the larger door-to-door delivery companies. Learn more about these stocks by downloading their free report at:
On Thursday, shares in Memphis, Tennessee-based FedEx Corp. recorded a trading volume of 1.41 million shares. The stock ended the session 0.83% lower at $191.31. The Company's shares have gained 1.75% in the last one month and 2.74% on an YTD basis. The stock is trading 0.44% above its 50-day moving average and 9.24% above its 200-day moving average. Moreover, shares of FedEx, which provides transportation, e-commerce, and business services in the US and internationally, have a Relative Strength Index (RSI) of 47.19.
On March 09th, 2017, FedEx announced that it has expanded its FedEx First Overnight® service to more than 4,400 zip codes across the US. With this expansion, FedEx stated that the service now reaches more than 32,000 zip codes for next-business day delivery, representing 92% of the business population in the US. The free research report on FDX is available at:
C.H. Robinson Worldwide
Eden Prairie, Minnesota headquartered C.H. Robinson Worldwide Inc.'s stock closed the day 0.27% lower at $78.52, with a total trading volume of 729,347 shares. The Company's shares have advanced 4.42% in the past month, 5.12% in the previous three months, and 7.78% since the start of this year. The stock is trading 3.72% and 9.34% above its 50-day and 200-day moving averages, respectively. Additionally, shares of C.H. Robinson Worldwide, which provides freight transportation services and logistics solutions to companies in various industries worldwide, have an RSI of 56.56.
On February 20th, 2017, C.H. Robinson announced that it recently opened new offices in Asia and Canada and acquired APC Logistics, a leading provider of freight forwarding and customs brokerage services in the Oceania region. These expansions have led to 15 new C.H. Robinson Global Forwarding offices. The recent growth of C.H. Robinson's Global Forwarding division is a testament to how the Company is continuing to invest in customers around the world. Knowing that global supply chains come with increased complexities, C.H. Robinson is expanding into strategic regions to be best equipped to help shippers navigate their global supply chains. The complimentary report on CHRW can be downloaded at:
Sino-Global Shipping America
Shares in Roslyn, New York headquartered Sino-Global Shipping America Ltd recorded a trading volume of 421,847 shares. The stock ended yesterday's trading session 2.42% higher at $2.54. The Company's shares are trading above their 200-day moving average by 27.84%. Furthermore, shares of Sino-Global Shipping America, which provides shipping agency and inland transportation management services in the US, the People's Republic of China, Australia, and Canada, have an RSI of 42.27.
On February 21st, 2017, Sino-Global announced the closing of the sale of an aggregate of $4.77 million of its common stock in a registered direct offering at $3.18 per share to three institutional investors. The Company's net proceeds from the offering, after deducting estimated offering expenses and placement agent fees, are approximately $4.3 million. Sino-Global will use the net proceeds of the offering for working capital and general corporate purposes. Visit us today and download our complete research report on SINO for free at:
Greenwich, Connecticut headquartered XPO Logistics Inc.'s stock finished Thursday's session 1.38% lower at $49.35, with a total trading volume of 1.16 million shares. The Company's shares have advanced 9.50% in the last one month, 7.80% over the previous three months, and 14.34% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 6.14% and 31.41%, respectively. Additionally, shares of XPO Logistics, which provides transportation and logistics services primarily in the US, have an RSI of 52.15.
On February 21st, 2017, XPO Logistics announced that Q4 2016 revenue increased 10.0% y-o-y to $3.68 billion. The Company's net income attributable to common shareholders was $27.3 million for Q4 2016, or earnings of $0.22 per diluted share, compared with a net loss attributable to common shareholders of $62.8 million, or a loss of $0.58 per diluted share, for the same period in 2015. For the full year 2016, the Company generated $625.4 million of cash flow from operations
On February 23rd, 2017, research firm Cowen reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $54 a share to $59 a share. Get free access to your technical report on XPO at:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email email@example.com . Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
SC, the Author, and the Reviewer are 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 whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do 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.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Phone number: +44-330-808-3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA