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GuruFocus Updates (Free subscription) | 22/11/2009
By Henry W. Schacht. Relative to the railroads, the trucking industry has fallen off of the radar screen. Berkshire's Burlington buy didn't help. To make matters worse, the trucking industry has fallen off a cliff with plummeting freight volumes and falling prices. Despite these troubles, there is reason for optimism. And at least one LTL carrier will be a big winner. Read more » »
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MarketIntelligenceCenter.com (Free subscription) | 13/11/2009
Arkansas Best (NasdaqNM: ABFS) opened at $24.60. So far today, the stock has hit a low of $24.31 and a high of $25.36. ABFS is now trading at $25.02, down $.10 (-0.4%). Over the last 52 weeks the stock has ranged from a low of $15.84 to a high of $34.56. ABFS shares are falling today after analysts at Piper Jaffray initiated the stock at U...
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Market Watch (Free subscription) | 21/10/2009
TEL AVIV (MarketWatch) -- Arkansas Best Corp., the Fort Smith, Ark., transportation-holding company, swung to a third-quarter net loss from net income a year earlier, reflecting the continuing "impact of lower freight levels and competitive industry pricing." And the company said on Wednesday that President and Chief Executive Robert A. Davidson would retire at year-end. The loss was $5.6...
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PR News Wire (Free subscription) | 21/10/2009
FORT SMITH, Ark., Oct. 21 /PRNewswire-FirstCall/ -- Arkansas Best Corporation (Nasdaq: ABFS) today announced a third quarter 2009 net loss of $5.6 million, or $0.23 per diluted share, compared to net income of $15.4 million, or $0.60 per diluted share, in the third quarter of 2008.
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StreetInsider.com News Articles (Free subscription) | 20/10/2009
The Trading Radar highlights key earnings and economic announcements for tomorrow's trading session: Before Market Opens: Earnings: Air Products and Chemicals Inc (NYSE: APD) – consensus EPS $1.12 Allegheny Technologies (NYSE: ATI) – consensus EPS $0.03 Altria Group, Inc. (NYSE: MO) – consensus EPS $0.47 AMB Property Corporation (NYSE: AMB) – consensus EPS $0.33 Arkansas Best...
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PR News Wire (Free subscription) | 01/10/2009
FORT SMITH, Ark., Oct. 1 /PRNewswire-FirstCall/ -- Arkansas Best Corporation (Nasdaq: ABFS) will announce its third quarter 2009 results, prior to the opening of the market, on Wednesday, October 21, 2009. A conference call with company executives will be held that day at 11:00 a.m. ET (10:00 a.m. CT) to discuss these results. Interested parties are invited to listen by calling (877) 275-1257 or (706)...
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PR News Wire (Free subscription) | 03/09/2009
FORT SMITH, Ark., Sept. 3 /PRNewswire-FirstCall/ -- Arkansas Best Corporation (Nasdaq: ) will appear at the Dahlman Rose & Co. Global Transportation Conference in New York City on Thursday, September 10 from 10:00 a.m. until 10:45 a.m. ET. Judy R. McReynolds, Arkansas Best's Senior Vice President, Chief Financial Officer and Treasurer, will make a presentation. The live program will be webcast...
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trucks world news (Free subscription) | 19/08/2009
Overland Park,KNS,USA - AP (New York,NY) -18 Aug 2009: -- An RBC analyst said Monday less-than-truckload carriers have a tough road ahead, and that road is likely even worse for the biggest company in the sector... Less-than-truckload are carriers that take freight from a variety of sources, sort and redistribute it at terminals along their route. Truckload carriers take freight directly from one shipper...
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Radon Mitigation Pittsburgh (Free subscription) | 22/07/2009
July 22, 2009 (FinancialWire) BestCalls conference calls scheduled today at 11 to 11:30 a.m., via the Investrend Broadcast Syndicate, include Cullen/Frost Bankers Inc. (NYSE: CFR), Nabors Industries Ltd. (NYSE: NBR), Pulaski Financial Corp. (NASDAQ: PULB), Silgan Holdings Inc. (NASDAQ: SLGN), TCF Financial Corporation (NYSE: TCB), Arkansas Best Corporation (NASDAQ: ABFS), USG Corporation (NYSE: USG),...
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PR News Wire (Free subscription) | 22/07/2009
"The effects of lower freight levels and a competitive pricing environment that has intensified since the first quarter were the main challenges faced by our company in the second quarter. In addition, our results were affected by unusual increases in nonunion healthcare and pension, workers' compensation and third-party casualty insurance claims costs versus last year," said Robert A. Davidson,...