|Bid||161.99 x 1000|
|Ask||167.34 x 1100|
|Day's Range||161.56 - 165.47|
|52 Week Range||116.61 - 203.89|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-14.89%|
|Beta (5Y Monthly)||1.25|
|Expense Ratio (net)||0.42%|
XPO Logistics founder and CEO Bradley Jacobs pulls no punches on the state of his business during the coronavirus pandemic.
The coronavirus outbreak could take its toll on the travel industry after companies like General Motors, Ford and other U.S. companies have been implementing employee travel restrictions to Wuhan, China. Additionally, the Centers for Disease Control and Prevention and Homeland Security are already screening passengers flying to major U.S. airports from China.
The transportation can be a key bellwether when it comes to assessing the health of the economy—if products are moving, the economy is grooving. The same goes for China, which saw its transportation sector ...
Tesla founder/CEO Elon Musk expects one of his ventures, Boring Company, to complete a commercial tunnel project in Las Vegas by 2020. Musk founded the venture in 2016 to serve as an infrastructure and ...
U.S. airlines are headed for a 10 th straight year of profits, which is causing employees to demand higher wages as well as increased benefits. “Next year, major U.S. carriers will be negotiating labor agreements with more than 120,000 unionized employees, a process that is set to add to their expenses,” a CNBC article noted. “Labor costs are airlines’ biggest expense and they have become a larger portion of overall costs,” the report added.
The Census Bureau will release November’s housing starts data Tuesday ahead of the opening bell. Economists "expect housing starts and building permits to continue their strength from October to November.”
According to travel service provider American Automobile Association (AAA), Thanksgiving holiday travel will be the second highest, trailing the record set in 2005.
The iShares Transportation Average ETF (CBOE: IYT) , the largest ETF dedicated to transportation stocks, is up more than 9% just this month and that could prove to be good news given the historical importance of transportation stocks in November. IYT seeks to track the investment results of the Dow Jones Transportation Average Index composed of U.S. equities in the transportation sector. The underlying index measures the performance of large, well-known companies within the transportation sector of the U.S. equity market.
From a historical standpoint, the iShares Transportation Average ETF (IYT) has been the ETF to own in the month of November, looking back 10 years, notes Bernie Schaeffer, technical expert and senior editor of Schaeffer's Investment Research.
Auto manufacturer Ford Motor topped earnings expectations for the third quarter, but the company also tamped down over-exuberant profitability forecasts for the future as it lowered its earnings guidance for the rest of 2019. Adjusted earnings: 34 cents per share vs. 26 cents expected. “The third-quarter results do have evidence of the global redesign of Ford,” CEO Jim Hackett said Wednesday on a call with investors.
Lyft shares got a lift from an earlier-than-expected profit forecast after startup co-founders Logan Green and John Zimmer said the ridesharing company could churn a profit by the year 2021. Shares of Lyft jumped as high as 8% in Tuesday’s trading session. Lyft made its IPO debut back in March, but with no clear path to profit, shares of the company stumbled.
Heading into Monday, the iShares Transportation Average ETF (CBOE: IYT) , the largest ETF dedicated to transportation stocks, was higher by nearly 19% year-to-date. IYT seeks to track the investment results of the Dow Jones Transportation Average Index composed of U.S. equities in the transportation sector. The underlying index measures the performance of large, well-known companies within the transportation sector of the U.S. equity market.
The U.S.-China Trade war is making its effects apparent in higher freight costs. This could certainly put transportation-focused exchange-traded funds (ETFs) on notice moving forward, particularly after China recently introduced new tariffs and resumed automotive duties as well.