New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 13, 2013
05:55 EDTACW, ACW, CSX, CSX, ECHO, ECHO, CNW, CNW, WERN, WERN, UNP, UNP, NSC, NSC, HTLD, HTLD, GBX, GBX, R, RBB&T to hold a conference
28th Annual Transportation Services Conference is being held in Coral Gables, Florida on February 13-14.
News For ACW;GBX;HTLD;NSC;UNP;WERN;CNW;ECHO;CSX;R From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | all recent news | >>
April 14, 2015
07:36 EDTNSCNorfolk Southern downgraded to Hold from Buy at TD Securities
Subscribe for More Information
April 13, 2015
19:18 EDTNSCOn The Fly: After Hours Movers
Subscribe for More Information
17:03 EDTUNP, CSX, NSCRailroad operators under pressure after Norfolk Southern guidance
Shares of railroad operators are active after Norfolk Southern (NSC) provided first quarter guidance that came in below analysts' consensus estimates. The company provided Q1 EPS guidance of $1.00, below analysts' estimates of $1.27, on revenue of $2.6B, also below analysts' estimates of $2.69B. Norfolk Southern said revenue decreases reflect reductions in fuel surcharge revenue in each of NS' three commodity groups, continued reductions in coal volumes, and a lower average revenue per unit related to the mix of business. Lower overall expenses were aided by declining fuel expense but hurt by weather and service recovery costs. PEERS: Publicly traded companies in the railroad space include CSX (CSX), Canadian National (CNI), Canadian Pacific (CP), Genesee & Wyoming (GWR), Kansas City Southern (KSU), and Union Pacific (UNP). PRICE ACTION: Norfolk Southern is down 3.9%, CSX is down 2.2%, Canadian National is lower by 0.6% and Union Pacific is lower by 1.8% in after-hours trading.
16:24 EDTNSCNorfolk Southern down over 4% after reporting Q1 guidance
Subscribe for More Information
16:21 EDTNSCNorfolk Southern sees volumes returning in Q2, with exception of coal
Norfolk Southern noted, "Following the weather related challenges of the first quarter, volumes are expected to rebound in the second quarter, with the exception of coal, which will continue to be pressured given current market dynamics. In the current energy environment, revenues for the year are expected to be less than revenues for 2014, and the Company continues to focus on improving core pricing as service levels improve. The Company's continuing actions to restore service levels should result in gradual improvement during the second quarter and a return to normalized levels during the third and fourth quarters of the year. Second quarter expenses will continue to reflect service recovery costs, currently estimated at $25M, which is commensurate with the second quarter of 2014. As new employees and additional locomotives are deployed and new infrastructure projects become fully operational during the second quarter, the Company will be well-positioned to capitalize on market opportunities and unwind excess service-related costs." "Our goal remains the same: to operate an efficient, high velocity railroad, which enables us to offer the best possible customer service and retain and grow our business at rates that provide a superior return for our owners," said CEO Wick Moorman. "I am confident in our ability to reach high performance levels this year. With operations showing sustained improvements, and with better weather and enhanced infrastructure and personnel, we look forward to stronger results in the second quarter and the second half of the year."
16:18 EDTNSCNorfolk Southern sees Q1 reductions in fuel surcharge revenue
Subscribe for More Information
16:17 EDTNSCNorfolk Southern sees Q1 EPS $1.00, consensus $1.27
Subscribe for More Information
14:03 EDTCSXCSX technical comments ahead of results
There is a small potential bearish flag on the daily chart that would only become active on a breakdown below $33. Downside potential for the pattern is to the $30 to $29.50 area. Additional downside would be at $28.11. If the news is better than expected, first important resistance is at $34.39 which is the 50-day moving average. Resistance above the 50-day is at $35.35, a pivot high, and then at $36.96 which is a pivot high from December 2014.
10:33 EDTGBXOptions with decreasing implied volatility
Subscribe for More Information
April 10, 2015
10:00 EDTUNPOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Bemis (BMS) upgraded to Buy from Neutral at BofA/Merrill... Gigamon (GIMO) upgraded to Outperform from Market Perform at William... Global Payments (GPN) upgraded to Overweight from Equal-Weight at First Analysis... Knight Transportation (KNX) upgraded on valuation, catalysts at Stifel... Macy's (M) upgraded to Buy from Neutral at Buckingham... Netflix (NFLX) upgraded to Buy from Neutral at Citigroup... Reckitt Benckiser (RBGLY) upgraded to Buy from Neutral at UBS... Union Pacific (UNP) upgraded on valuation, growth outlook at Stifel... Weatherford (WFT) upgraded to Outperform from Sector Perform at RBC Capital.
08:41 EDTUNPUnion Pacific upgraded on valuation, growth outlook at Stifel
Subscribe for More Information
06:37 EDTUNPUnion Pacific upgraded to Buy from Hold at Stifel
Subscribe for More Information
April 9, 2015
09:18 EDTRBofA/Merrill retail analysts hold an analyst/industry conference call
Subscribe for More Information
April 8, 2015
13:09 EDTCSXCSX volatility elevated into Q1 and outlook
Subscribe for More Information
April 7, 2015
13:08 EDTUNP, GBX, CSX, NSCNTSB: Oil train cars should be replaced more quickly, Washington Post says
The National Transportation Safety Board, or NTSB, yesterday said that oil train cars should be replaced more quickly than the current planned timetable of ten years, according to The Washington Post. "We canít wait a decade for safer rail cars,Ē the newspaper quoted the agency's chairman as saying in a statement. Publicly traded railroad operators include CSX (CSX), Canadian National (CNI), Canadian Pacific (CP), Genesee & Wyoming (GWR), Kansas City Southern (KSU), Norfolk Southern (NSC) and Union Pacific (UNP). Publicly traded railroad car makers include Greenbrier (GBX), FreightCar America (RAIL), and American Railcar Industries (ARII). Reference Link
09:50 EDTUNPUnion Pacific upgraded to Buy from Neutral at Buckingham
Subscribe for More Information
09:23 EDTGBXOn The Fly: Pre-market Movers
Subscribe for More Information
06:14 EDTNSC, UNP, CSXOil train shipments stalled due to safety concerns and crude prices, WSJ reports
Subscribe for More Information
06:07 EDTGBXGreenbrier sees FY15 EPS $5.56-$5.95, consensus $5.43
Subscribe for More Information
06:05 EDTGBXGreenbrier reports Q2 EPS $1.57, consensus $1.20
Subscribe for More Information
1 | 2 | 3 | all recent news | >>

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