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Stock Market & Financial Investment News

News Breaks
December 4, 2012
18:03 EDTARIIAmerican Railcar resumes quarterly dividend of 25c per share
American Railcar announced that the company will resume payment of its quarterly dividend. The ARI Board of Directors declared a cash dividend of 25c per share of common stock of the company. The dividend is payable on December 24 to shareholders of record at the close of business on December 18.
News For ARII From The Last 14 Days
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October 1, 2014
13:24 EDTARIIRailcar makers fall after lobbyists seek delay of oil tank car rules
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07:38 EDTARIIRailcar, oil groups push back over crude-train deadlines, WSJ says
The Association of American Railroads, which represents oil and freight haulers, and the American Petroleum Institute, the lobbying group for oil companies, told the U.S. Transportation Department that they need more than two years to build safer railcars to haul crude, pushing back against some proposed federal rules, reported The Wall Street Journal. Rail car makers include Trinity Industries (TRN), FreightCar America (RAIL), American Railcar Industries (ARII) and Greenbrier (GBX). Publicly traded oil majors include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). Reference Link
September 24, 2014
17:25 EDTARIIAmerican Railcar names Jeffrey Hollister as CEO, Umesh Choksi as CFO
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