Xpo Logistics Stock News

$710 million divestiture advances XPO’s strategic plan to create two pure-play, publicly traded companies through a spin-off later this year

XPO Logistics announced plans to sell its North American intermodal-shipping business for $710 million.

XPO Logistics announced Friday the divestiture of its intermodal unit to STG Logistics for $710 million in cash. The sale is part of the company's plan to break up the assets remaining after the spino

261 LTL drivers honored for achieving total 328 million accident-free miles

Women In Trucking Association honors Tamar Jimenez, Emily Phillips and Stacey Woods

There seems to be two opposite negative reasons why stocks will fall. Being contrarian, I expect the opposite. If everyone is expecting the worst, it's likely the better outcome prevails.

BofA upgraded four industrial sector companies. Analyst Ken Hoexter upgraded XPO Logistics Inc (NYSE: XPO) to Buy from Neutral and raised the price target to $96 (an upside of 32%) from $70. The

BofA upgraded four industrial sector companies. Analyst Ken Hoexter upgraded XPO Logistics Inc (NYSE: XPO) to Buy from Neutral and raised the price target to $96 (an upside of 32%) from $70. The analyst shifted his valuation to a sum-of-the-parts from a P/E basis, citing the company''s proposed break-up and asset spins. Related : Read How Analysts Reacted To XPO Logistics'' Transformation Plan BofA analyst Chase Mulvehill upgraded Chart Industries Inc (NYSE: Full story available on Benzinga.com

Upgrades According to B of A Securities, the prior rating for Sabra Health Care REIT Inc (NASDAQ:SBRA) was changed from Underperform to Neutral. In the fourth quarter, Sabra Health Care REIT showed an

Upgrades According to B of A Securities, the prior rating for Sabra Health Care REIT Inc (NASDAQ: SBRA ) was changed from Underperform to Neutral. In the fourth quarter, Sabra Health Care REIT showed an EPS of $0.39, compared to $0.42 from the year-ago quarter. The current stock performance of Sabra Health Care REIT shows a 52-week-high of $19.02 and a 52-week-low of $12.31. Moreover, at the end of the last trading period, the closing price was at $13.87. CLSA upgraded the previous rating for Gaotu Techedu Inc (NYSE: GOTU ) from Sell to Underperform. For the fourth quarter, Gaotu Techedu had an EPS of $0.19, compared to year-ago quarter EPS of $0.39. The current stock performance of Gaotu Techedu shows a 52-week-high of $93.33 and a 52-week-low of $1.39. Moreover, at the end of the last trading period, the closing price was at $1.70. B of A Securities upgraded the previous rating for XPO Logistics Inc (NYSE: XPO ) from Neutral to Buy. In the fourth quarter, XPO Logistics showed an EPS of $1.34, compared to $1.19 from the year-ago quarter.

On March 8, 2022, XPO Logistics Inc a leading provider of freight transportation services, primarily truck brokerage, announced a plan to spin-off its brokered transportation services (truck brokerage

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