Bloomberg Businessweek

Bloomberg Markets: Dave Wilson's Stock of the Day for June 19

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Sinopsis

Bloomberg Markets with Carol Massar and Cory Johnson.\u0010\u0010GUEST:\u0010David Wilson\u0010Stocks Editor\u0010Bloomberg News\u0010Discussing his "Stock of the Day" CAI International (CAI). CAI International Inc.'s shares rose to a two-year high after the container-leasing company made a well-received earnings forecast and lined up more financing. CAI expects second-quarter net income to be between 55 cents and 58 cents a share, exceeded analysts' average estimate of 51 cents in a Bloomberg survey. The company's lenders raised the limit for a revolving-credit agreement by 24 percent, to $960 million.