Outsourced Logistics Com Images Archive 31d39de4 E092 4f72 8472 204d42ecbaab Market Pulse01 00
Outsourced Logistics Com Images Archive 31d39de4 E092 4f72 8472 204d42ecbaab Market Pulse01 00
Outsourced Logistics Com Images Archive 31d39de4 E092 4f72 8472 204d42ecbaab Market Pulse01 00
Outsourced Logistics Com Images Archive 31d39de4 E092 4f72 8472 204d42ecbaab Market Pulse01 00
Outsourced Logistics Com Images Archive 31d39de4 E092 4f72 8472 204d42ecbaab Market Pulse01 00

LT 50 Index

Dec. 8, 2004
In fact, from the beginning of October through the first week of November, 40 of the LT 50 companies (80%) posted gains in their share prices. And 28

In fact, from the beginning of October through the first week of November, 40 of the LT 50 companies (80%) posted gains in their share prices. And 28 of those companies had double-digit growth over that five-week period.

Leading the way in terms of percentage gain (20.2%) is Symbol Technologies Inc., which posted the highest quarterly revenue ($442.7 million) in its history, with third-quarter net earnings of $21.1 million. Although Symbol's recent acquisition of RFID chip maker Matrics Inc. had a negative impact on earnings, Wall Street clearly sees the Symbol/Matrics merger in positive terms.

Supply chain execution solution vendor Manhattan Associates Inc. had the biggest percentage drop (-9.2%) in share price. Wall Street reacted negatively when Manhattan's third-quarter earnings came lower than expected; analysts were looking for $60 million in earnings, but Manhattan posted only $51.8 million, blaming the shortfall on customers delaying software purchases.

Who's Hot
Symbol Technologies Inc.................20.2%
NACCO ............................................18.9%
Heartland Express Inc. ....................55.9%

Who's Not
Manhattan Associates Inc. ..............-9.2%
Covenant Transport Inc. ..................-6.6%
General Motors ................................-6.3%

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