Rumors

Good day, It's always fascinating to see what makes markets move. On Monday, Morgan Stanley's transportation team put out a bearish report on the trucking and transport sector. While it changed its ratings on only a few stocks, it lowered the overall expectations of earnings per share by...

Every quarter, Brad Jacobs, XPO Logistics, Inc.'s chairman and CEO, rings up a cluster of journalists to discuss the company's financial results and to field as many queries from each as time allows.  If the New York Times had been on Jacobs' list of outlets, by now it has...

It's an interesting time to be an observer of freight markets in the United States: everyone is trying to guess whether Peak Freight is ahead of us or behind us, and how severe a slowdown will be when it occurs. The best data that we have is decidedly mixed. There are really two major questions...

The Blockchain in Transport Alliance (BiTA), an organization dedicated to determining best practices and standards for blockchain in the transportation/logistics/supply chain marketplace, is pleased to announce that GTG Technology Group has joined the Alliance. Blockchain technology enables...

About the only thing left is the formal announcement, or a shocking about-face. A video released to Norfolk Southern Corp. (Nyse: NSC) employees last Thursday--one that is not publicly released by the company on its web page--was obtained by the Virginian-Pilot, Norfolk's daily newspaper. And...

Tilman Fertitta, the billionaire casino operator, is reportedly looking to buy Caesars Entertainment Corporation (NASDAQ: CZR). What Happened Fertitta, the owner of the Golden Nugget Casinos along with the NBA's Houston Rockets and restaurant company Landry's, is prepared to offer $13 per...

Considering the rising prevalence of the cannabis industry, it comes as little surprise that several other industries have announced plans to penetrate the space pending an imminent Canadian legalization and the potential for one in the United States. Now cannabis may have caught the attention of a...

Struggling retailer Sears Holdings Corp (NASDAQ: SHLD) is reportedly one step closer towards filing for bankruptcy after being in business for 125 years. What Happened Sources close to the situation told The Wall Street Journal the parent company of Sears and Kmart hired the services of M-III...

An activist hedge fund may soon place the largest order in Papa John’s Int’l, Inc. (NASDAQ: PZZA) history. What Happened Trian Fund Management LP is exploring a buyout bid for the world’s third-largest pizza chain, according to The Wall Street Journal. The prospective buyer is...

Lannett Company, Inc. (NYSE: LCI) announced Monday that it has engaged advisors to explore ways to address the company’s debt and capital structure. What Happened Lannett said in a press release it will be working with advisors to analyze ways to increase revenue, reduce costs and manage its...

News of Papa John’s Int'l, Inc. (NASDAQ: PZZA)’s founder, John Schnatter, has circulated for months. The ousted executive continues the fight to regain his company, after racially insensitive comments he made earlier in the year led to his forced exit. What Happened Schnatter still...

Notable activist investor Dan Loeb may have a proxy war on his hand after a New York Post report said Campbell Soup Company (NYSE: CPB) isn't looking to sell itself. What Happened Loeb's activist hedge fund Third Point and company heir George Strawbridge own an approximately 8.4-percent...

Geron Corporation (NASDAQ: GERN) stock is popping Friday without any major news from the company. Traders are speculating the huge jump in share price may have to do with a simple job posting. Geron's stock was trading up 27 percent to $5.13 at time of publication. What Happened? On Friday...