MARKET SHARES
* USA - Saia Board Authorizes $25M Stock Buyback
Duluth,Ga,USA -AP -Nov 27, 2006: -- Trucking company Saia Inc. on Monday said its board authorized the repurchase of up to $25 million in its common stock... No time limit has been set for the buyback, which follows last week's completion of a $20 million repurchase plan approved on May 3, 2005...
* USA - No Need to Duck, Donaldson
USA -Motley Fool, by Anders Bylund -Nov 28, 2006: -- Industrial filtration may not sound exciting to many of us, but to Donaldson investors, it's sweet music. Last night's earnings report showed a strong quarter, with 10.7% sales growth and a 16.2% bottom-line boost, both year over year. But even better, management reiterated strong forward guidance at a time when you might expect business to drop off over the next few quarters... Let me explain. Donaldson's two main foci are filters for the engines of heavy-duty equipment such as diesel trucks and heavy construction machinery, and industrial filtration. The latter segment should remain as strong as the economy, selling to customers like Boeing, Seagate, and IBM. So far, so good. But it's the other half of the business that had investors worried until now... The engine filtration business accounted for 58% of sales and 72% of operating profits in fiscal 2006, making it the mainstay of the company...
* USA - Trucking Stocks Brake on Oil Prices
NEW YORK,NY,USA - The Associated Press -Nov. 29, 2006: -- Shares of trucking stocks trended downward on Wednesday after the government said crude oil inventories shrank last week, sparking investor concern about the likelihood fuel prices could continue to rise...
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