Xpo Logistics Stock News

XPO Logistics continues to do what it does best: finding ways to enhance shareholder value.

A new spinoff plan delighted the market.

A new spinoff plan delighted the market.

Stocks that traded heavily or had substantial price changes Wednesday: MongoDB, XPO Logistics rise; Stitch Fix, Yext fall

A new spinoff plan delighted the market.

Analysts react to XPO Logistics Inc's (NYSE: XPO) plan to create two standalone, publicly traded companies. Cowen analyst Jason Seidl raised XPO Logistics price target to $117 from $115 and main

Analysts react to XPO Logistics Inc''s (NYSE: XPO ) plan to create two standalone, publicly traded companies. Cowen analyst Jason Seidl raised XPO Logistics price target to $117 from $115 and maintained their Outperform rating on the shares. The analyst states that he liked the spin-off announcement. Seidl sees a core LTL-play offering potential multiple expansion while using the asset sale to relieve debt load. Related: XPO Logistics to … Full story available on Benzinga.com

XPO is breaking the company up into different parts….XPO

XPO Logistics Inc (NYSE: XPO) shares are up 15% on Wednesday after the American freight transportation firm revealed plans of listing its high-tech truck brokerage segment as a separate publicly trade

Within the last quarter, XPO Logistics (NYSE:XPO) has observed the following analyst ratings: Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 7 0 0 0 Last 30D

Within the last quarter, XPO Logistics (NYSE: XPO ) has observed the following analyst ratings: Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 7 0 0 0 Last 30D 0 1 0 0 0 1M Ago 1 4 0 0 0 2M Ago 0 1 0 0 0 3M Ago 1 1 0 0 0 According to 9 analyst offering 12-month price targets in the last 3 months, XPO Logistics has an average price target of $103.56 with a high of $120.00 and a low of $91.00. Below is a summary of how these 9 analysts rated XPO Logistics over the past … Full story available on Benzinga.com

Markets again tried to bounce back from recent declines.

Futures Surge After 4 Day Rout On Ukraine War Optimism; Cryptos Soar After two days of sheer market insanity, including Monday''s furious plunge and Tuesday''s rollercoaster session, U.S. equity futures jumped after 4 straight days of losses, following European equities higher, as Ukraine optimism won, at least initially, over fears about high inflation and global stagflation as a result of soaring commodity prices, sparking a furious Delta squeeze (as we will show shortly in a subsequent post). At 730am ET, Nasdaq 100 contracts were up 2.1% while S&P 500 futures gained 1.6%. The underlying benchmark fell for a fourth straight session on Tuesday to close at its lowest since June 2021. Dow futures rose 1.5%. A bond selloff extended as investor focus turned to upcoming central-bank rate decisions, while oil prices reversed a rally driven by President Joe Biden’s ban on fossil-fuel imports from Russia. . The dollar weakened for the first time in five days, as haven demand waned. Bitcoin soared more than 10% over $42,000 spurred by optimism about an impending U.S. overhaul of crypto oversight that Treasury Secretary Janet Yellen called “historic.” Investors are bracing for a global stagflationary shock from a commodity-price rally fueled by Russia’s isolation even as supply disruptions threaten to usher in a period of slower global growth.

Deutsche Bank took a favorable view of the announcement by XPO Logistics (XPO) of a series of corporate actions. Read more.

XPO Logistics Inc (NYSE: XPO) said on Tuesday it plans to split its key North American business units into two publicly traded units and aims to divest its European business and North American inter