Expeditors International of Washington News

Expeditors Intl : FBR Capital initiated coverage of this company with a rating of Mkt Perform and a price target of $40. UTI Worldwide : FBR Capital initiated coverage of this company with a rating of Mkt Perform and a price target of $17.5. BMC Software : Mizuho initiated coverage of this company with a rating of Neutral and a price target of $44.

A number of other firms have also recently commented on EXPD. Analysts at Zacks reiterated a "neutral" rating on shares of Expeditors International in a research note to investors on Tuesday, May 8th.

Expeditors International of Washington Inc. : Baird lowered its price target on Expeditors following an 8K filing showing there is continued pressure on the company's airfreight volumes and yields.

The fine was levied against Seattle-based Expeditors in March and was part of a $358 million European Commission fine against 14 international forwarders that allegedly collaborated in four cartels to control prices.

Avago Technologies Limited : Jefferies believes expectations are low into Avago's Q2 results and said it is a buyer of the stock into the earnings call.

Based in Warren, Michigan, LINC Logistics scheduled a $170 million IPO with a market capitalization of $460 million at a price range mid-point of $13, for Thursday, May 10, 2012.

's stock had its "neutral" rating restated by Zacks in a report issued on Tuesday.

On Thursday, Expeditors International declared its semi-annual dividend of 28 cents per share, an increase of about 12% over its prior dividend.

Logistics firm Expeditors International of Washington said its first-quarter profit declined from a year ago as air freight volumes fell.

Shares of Expeditors International traded down 0.86% during mid-day trading on Thursday, hitting $40.39. Expeditors International has a one year low of $38.25 and a one year high of $55.15. The company has a market cap of $8.566 billion and a P/E ratio of 22.76. The company last announced its quarterly results on Wednesday, May 2nd.