Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of trucking company Arkansas Best (NASDAQ: ABFS ) revved up the engine, and jumped as much as 17% after announcing its ABF Freight Systems employees had ratified a five-year collective bargaining agreement.
So what: According to Arkansas Best's press release, not only did the collective bargaining agreement pass, but it also passed a majority of the supplements in the ABF National Master Freight Agreement. There are still a few items left to be voted on over the near term, but this vote clears the way for Arkansas Best to be price competitive once again with its peers.
Hot Trucking Stocks To Watch For 2014: Netlist Inc.(NLST)
Netlist, Inc., together with its subsidiaries, designs, manufactures, and sells intelligent memory subsystems for the datacenter server, high-performance computing, and communications markets primarily in the United States and the People?s Republic of China. The company?s memory subsystems consist of combinations of dynamic random access memory integrated circuits, NAND flash memory components, application-specific integrated circuits, and other components assembled on printed circuit boards. It offers its products under the HyperCloud and NVvault trade marks. The company markets and sells its products through a direct sales force and a network of independent sales representatives to original equipment manufacturers and electronic manufacturing services providers. Netlist, Inc. was founded in 2000 and is headquartered in Irvine, California.
Hot Trucking Stocks To Watch For 2014: Southern Pacific Resource Corp (STP.TO)
Southern Pacific Resource Corp. engages in the exploration and development of in-situ oil sands properties located in northern Alberta, Canada; and development and production of heavy oil, conventional oil and gas, natural gas, and bitumen in western Canada. The company�s principal properties include 100 % working interests in STP-McKay oil sands leases covering approximately 59 sections or 37,760 acres of oil sands leases located in the Athabasca oil sands in north-eastern Alberta; and STP-Senlac thermal heavy oil asset that includes 3 sections of 100 percent owned lands and approximately 2 net sections of other lands located to the west of Unity, Saskatchewan. It also owns 85% working interests in 377 sections or 241,280 gross acres of oil sands mineral rights outside of the McKay Block in the Athabasca oil sands of Alberta. The company was formerly known as Southern Pacific Development Corp. and changed its name to Southern Pacific Resource Corp. in March 2006. Souther n Pacific Resource Corp. was incorporated in 1953 and is headquartered in Calgary, Canada.
Top 10 Diversified Bank Companies To Own In Right Now: Telus Corporation(TU)
TELUS Corporation provides telecommunications products and services primarily in Canada. Its telecommunications products and services include wireless, data, Internet protocol (IP), voice, and television. The company operates through two segments, Wireless and Wireline. The Wireless segment provides digital personal communications, equipment sales, and wireless Internet services. The Wireline segment offers voice local and voice long distance services; data services, which include television, and managed and legacy data services, as well as Internet, enhanced data, and hosting services; and other telecommunications services. TELUS Corporation was founded in 1993 and is based in Burnaby, Canada.
Hot Trucking Stocks To Watch For 2014: Resource Capital Corp.(RSO)
Resource Capital Corp. operates as a specialty finance company that focuses primarily on commercial real estate and commercial finance in the United States. The company?s commercial real estate-related investments include first mortgage loans, first priority interests in first mortgage real estate loans, subordinate interests in first mortgage real estate loans, mezzanine loans, and commercial mortgage-backed securities. It also invests in commercial finance assets, including senior secured corporate loans, other asset-backed securities, equipment leases and notes, trust preferred securities, and debt tranches of collateralized debt and loan obligations. The company qualifies as a real estate investment trust (REIT) for federal income tax purposes. As a REIT, it is not subject to federal corporate income tax to the extent that it distributes 90% of its REIT taxable income. The company was founded in 2005 and is based in New York, New York.
Hot Trucking Stocks To Watch For 2014: United Bancshares Inc.(UBOH)
United Bancshares, Inc. operates as a bank holding company for The Union Bank Company that engages in the provision of commercial banking services to small and middle-market businesses and individuals. It accepts various deposit products, including checking accounts, savings and money market accounts, time certificates of deposit, time deposits, and demand deposits. The company also offers various loan products that consist of commercial, consumer, agricultural, residential mortgage, and home equity loans. In addition, it provides automatic teller machine services, safe deposit box rentals, and other personalized banking services. The company serves primarily in the Ohio counties of Allen, Hancock, Putnam, Sandusky, Van Wert, and Wood, as well as with office locations in Bowling Green, Columbus Grove, Delphos, Findlay, Gibsonburg, Kalida, Leipsic, Lima, Ottawa, and Pemberville, Ohio. United Bancshares, Inc. was founded in 1904 and is headquartered in Columbus Grove, Ohio.< /p>