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Old Dominion Freight Line falls after August revenue slips, PT cuts

BUZZ-Old Dominion Freight Line falls after August revenue slips, PT cuts ** Shares of logistics firm Old Dominion Freight Line ODFL.O fall 5.4% to $185.13, set for worst day since April ** Co on Wednesday report ed revenue per day decreased 5.2% in August compared with August 2023, citing a 6.1% decrease in LTL (less-than-truckload) tons shipped per day ** However, for quarter-to-date period, LTL revenue per hundredweight, excluding fuel surcharges, increased 4.9% from the same period last year
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U.S. STOCKS Copper miners, Palo Alto Networks, Lowe's

BUZZ-U.S. STOCKS ON THE MOVE-Copper miners, Palo Alto Networks, Lowe's Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The S&P 500 and the Nasdaq rose for an eighth straight session on Monday as concerns around an impending recession abated and markets zeroed in on Federal Reserve Chair Jerome Powell's speech at Jackson Hole later this week.
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U.S. STOCKS Lineage, J.B. Hunt, McDonald's

BUZZ-U.S. STOCKS ON THE MOVE-Lineage, J.B. Hunt, McDonald's Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main stock indexes extended their gains in choppy trading on Monday after clocking their best week of the year, while investors looked ahead to Federal Reserve Chair Jerome Powell's speech at Jackson Hole for rate-cut indications.
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JB Hunt rises after announcing new $1 bln share repurchase program

BUZZ-JB Hunt rises after announcing new $1 bln share repurchase program ** Shares of U.S. trucking firm J.B. Hunt JBHT.O rise 1.2% to $172.45 ** The company said on August 16 its board adopted a new share repurchase program authorizing the repurchase of $1 bln of its common stock ** JBHT added this new repurchase program will begin after the comple
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J B Hunt Transport Services Says Authorizing New Share Repurchase Of $1 Bln Common Stock

BRIEF-J B Hunt Transport Services Says Authorizing New Share Repurchase Of $1 Bln Common Stock Aug 19 (Reuters) - J B Hunt Transport Services Inc JBHT.O : J B HUNT TRANSPORT SERVICES - ADOPTED A NEW SHARE REPURCHASE PROGRAM AUTHORIZING REPURCHASE OF $1 BILLION COMMON STOCK J B HUNT TRANSPORT - NEW REPURCHASE PROGRAM WILL BEGIN AFTER COMPLETION OF E
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