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Technical Trade Alerts on Rental & Leasing Stocks: RNT, GMT, HTZ, R, MIND, GLS

EmailWire.Com (Free subscription) | 11/19/2008

(EMAILWIRE.COM, November 19, 2008 ) DALLAS, Texas – Beacon Equity Research announces the release of Trade Alerts covering rental & leasing stocks: Aaron Rents Inc. (NYSE: RNT), GATX Corp. (NYSE: GMT), Hertz Global Holding (NYSE: HTZ), Ryder System Inc. (NYSE: R), Mitcham Industries Inc. (Nasdaq:...

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Ryder earnings rise, but short of view; forecast lowered

Market Watch (Free subscription) | 10/22/2008

Third-quarter net earnings for Ryder System Inc. grew from a year ago, the company said, but the rental truck operator missed analyst estimates and lowered its full-year forecast, causing shares to fall harder than the rest of the market.

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Investors cling to T-bills as stocks drop

The Washington Times (Free subscription) | 10/22/2008

On Wednesday, packaging maker Silgan Holdings Inc. lowered its 2008 earnings-per-share forecast due to increased borrowing costs, and truck leasing company Ryder System Inc. said it temporarily paused its share-buyback program and is being "prudent" in evaluating its use of capital. Boeing, the airplane maker, said it might have to provide financing to customers next year for the...

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Ryder third-quarter profit rises despite slower sales

Market Watch (Free subscription) | 10/22/2008

NEW YORK (MarketWatch) -- Ryder System Inc. said Wednesday its third-quarter profit totaled $70.2 million, or $1.25 a share, from $65.5 million, or $1.11 a share, in the same quarter a year before. Analysts had expected earnings on average of $1.27 a share, according to a FactSet Research survey, compared to adjusted profit of $1.22 a share. Revenue for the quarter, however, fell to...

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Interbank rates fall again, but investors hold onto Treasury bills as stocks sink

Star Tribune (Free subscription) | 10/22/2008

... methods as loans become scarcer and more expensive.On Wednesday, packaging maker Silgan Holdings Inc. lowered its 2008 earnings-per-share forecast due to increased borrowing costs, and truck leasing company Ryder System Inc. said it temporarily paused its share-buyback program and is being "prudent" in evaluating its use of capital. Boeing, the airplane maker, said it might...