New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 19, 2014
07:22 EDTXPO, PRIM, MTRX, KSU, ARC, TWI, POWL, MSA, HOV, ACO, SJI, OESX, MIC, ASTEGlobal Hunter to hold a conference
1:1 Series Infrastructure & Construction Conference is being held in Chicago on March 19.
News For ACO;ARC;ASTE;HOV;KSU;MIC;MSA;MTRX;OESX;POWL;PRIM;SJI;TWI;XPO From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
June 30, 2015
12:47 EDTHOVHovnanian management to meet with UBS
Meeting to be held in Boston on June 30 hosted by UBS.
08:09 EDTKSURail estimates need to come down further, says Citi
Citi analyst Christian Wetherbee noted that consensus estimates in the rail sector for Q2 EPS have fallen an average of 8% since the firm moved below consensus last month, but believes the numbers have to come down further. Wetherbee cut his Q2 estimates by another 5%, lowered Q3 by 4% and cut his forecast for 2016 EPS by 3% and lowered price targets on stocks in the space by 6% on average. Wetherbee added that he believes Union Pacific (UNP) and Norfolk Southern (NSC) have the highest the pre-announcement risk in the group and lowered his targets on those stocks, as well as for Canadian National (CNI), Canadian Pacific (CP), CSX (CSC) and Kansas City Southern (KSU).
08:08 EDTXPOXPO Logistics coverage resumed with an Overweight at Morgan Stanley
Subscribe for More Information
June 29, 2015
08:04 EDTOESXOrion Energy announces Versar CEO as new nominee for board of directors
Subscribe for More Information
June 26, 2015
17:53 EDTXPOXPO Logistics says ND is subject of ongoing investigation by French regulators
XPO Logistics said in a regulatory filing that ND or Norbert Dentressangle is subject to an ongoing investigation by the French Competition Authority. On June 8, XPO Logistics announced that it has consummated the previously announced agreement to purchase all of the shares of Norbert Dentressangle held by Mr. Norbert Dentressangle and his family, representing 67% of the company's outstanding shares, at a price of 217.50 euros per share. XPO continued in a filing: "In July 2014, ND Distribution received notification from the French antitrust authorities relating to alleged anti-competitive practices of companies in the parcel express delivery business. Most French companies participating in this market also received complaints covering several prior years. The investigation focuses on the role played by an industry syndicate, in which the participants are said to have exploited the syndicate’s “Pooling Business Advisory” meetings so as to align their sales practices and, in particular, prices. The French antitrust authorities are reviewing the period from June 2007 to March 2008, which straddles the period during which ND completed its indirect takeover of ND Distribution. ND expects that a hearing may be held late in 2015 or early in 2016. Additionally, ND is involved in certain proceedings in the Valence Criminal Court regarding a two-year preliminary enquiry into the way ND organizes international transport sub-contracting operations. No provision has been made in ND’s financial statements regarding either investigation, and while ND disputes the claims against it, any adverse findings or decisions arising out of such investigation could have a material adverse impact on ND’s business and financial condition. "
17:03 EDTTWITitan International announces reincorporation
Titan International announced that it has completed its reincorporation from the State of Illinois to the State of Delaware. Titan will continue to operate its business as it existed immediately prior to the reincorporation and shares of Titan will continue to be listed on the NYSE under the symbol "TWI." The reincorporation was approved by the company's stockholders at the 2015 Annual Meeting of Stockholders held June 4. Each outstanding share of Titan's common stock will be automatically converted into one share of common stock of a newly-formed Delaware corporation that is named "Titan International, Inc." and each stock certificate representing issued and outstanding shares of the former Illinois-domiciled Titan will represent the same number of shares of the Delaware-domiciled Titan.
June 23, 2015
07:35 EDTPRIMPrimoris announces industrial award valued at over $200M
Primoris Services Corporation announced a new award for a California power plant valued in excess of $200M. The new contract was secured by the industrial division of ARB, a Primoris subsidiary and part of the West Construction Services segment. Work is scheduled to commence in the third quarter of 2015 and to be complete in the fourth quarter of 2017. The award is from a major independent power producer for a 500 megawatt natural gas-fired simple cycle power plant north of San Diego, California. ARB is the lead in a joint venture with Kansas City-based Burns & McDonnell Engineering Company, Inc. The JV will provide engineering, procurement, construction, start-up and commissioning services for this repowering project. The three existing steam boiler units 1, 2, and 3 of the adjacent power plant will be retired upon successful commercial operation of the new facility.
June 22, 2015
10:14 EDTKSUKansas City Southern could yield synergies for Canadian National, says Cowen
Cowen said Canadian National (CNI) has been increasing its presence and service offerings in the U.S. Gulf coast and a merger with Kansas City Southern (KSU) could increase competitiveness and result in substantial revenue synergies. The firm said Kansas City Southern trades at a 25% premium to the rail group and any merger would involve a great amount of political risk and has no reason to believe the company is contemplating such a move.
07:35 EDTPRIMPrimoris announces underground awards valued at $13M
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use