Wall Street PR

Shareholder Breakfast: TransCanada Corporation (USA) (NYSE:TRP), Intevac, Inc. (NASDAQ:IVAC), Forward Air Corporation (NASDAQ:FWRD)

Boston, MA 04/03/2014 (wallstreetpr) – Forward Air Corporation (NASDAQ:FWRD) has announced that its fiscal 2014 first quarter financial results will be released Monday, April 21, with conference call coming a day later. Investors have been seen betting for the stock in recent times as the earnings date approaches. There seem to be optimism that the upcoming results will be positive and the stock will obtain even greater strength to rally upwards in the coming months. As investors put their cash in FWRD, share are breaching key price barriers and establishing new record prices as was the case in the last session where shares hit a new 52-week high. Shorts can from the price volatility of Forward Air Corporation (NASDAQ:FWRD)’s stock, while the longs can book for the anticipated growth in the future.

Shares of Intevac, Inc. (NASDAQ:IVAC) are up more than 28.8 percent over the past 30 days. This in itself is a source of concern as investors may be wondering whether a pullback is overdue. Moreover, the fact that the stock has entered overbought territory doesn’t offer good news either. On that note, investors should note that IVAC may have exhausted its upward energy and what is likely to follow next is obviously a slump. And this slump might come before long considering that Zacks has the stock under its sell list. Shares of Intevac, Inc. (NASDAQ:IVAC) jumped 0.91 percent in the last session, managing to touch a new 52-week high in the process.

TransCanada Corporation (USA) (NYSE:TRP) has come up with an attractive easement offer to landowners along Keystone XL which is the route of the proposed pipeline. The company is offering as much as $250,000 which is quite a significant offer which captures upfront payment on crop damage and compensation for land use. This move is expected to clear the way for speedy start of work on the project.  Yet, the company has imposed a date within which the offer should be accepted and that date is May 14. What would follow next after the deadline is that TransCanada Corporation (USA) (NYSE:TRP) will refigure its compensation packages.

Published by Steve Hackney

Steve Hackney is a corporate finance professional with over 14 years of experience in cash management and investing. He earned a Bachelor of Science in Finance from Florida State University and holds a Certified Treasury Professional certification. Steve lives in Orlando, Florida with his family.