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Stock Market & Financial Investment News

News Breaks
January 16, 2014
07:59 EDTBRK.A, ARII, CP, TRN, CNI, GBXRegulators knew about crude-by-rail risks before crashes, NBC says
Regulators knew about issues like overloading and mislabeling that could increase the risk of shipping crude oil by rail since as early as Fall 2011, documents obtained by NBC News show. Train operators that offer crude-by-rail services include Canadian National (CNI), Canadian Pacific (CP) and BNSF, part of Berkshire Hathaway (BRK.A). Manufacturers of of rail tankcars include Trinity Industries (TRN), American Railcar (ARII), and Greenbrier (GBX). Reference Link
News For A;TRN;ARII;GBX From The Last 14 Days
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December 11, 2014
07:30 EDTGBXDA Davidson to hold a conference
6th Annual Aerospace & Industrials 1:1 Conference is being held in Boston on December 11.
December 10, 2014
06:37 EDTTRNNew crash tests to be conducted on Trinity Industries guardrail, NY Times says
New crash tests will be conducted on Trinity Industries' troubled ET-Plus guardrail today, according to The New York Times. The tests will be similar to tests performed nearly a decade ago when the current version of the product was introduced, the newspaper stated. However, the Federal Highway Administration indicated that it could use other types of tests in the future to gauge the effectiveness of the ET-Plus, which has been banned by more than 30 states, the newspaper reported. Reference Link
December 8, 2014
06:09 EDTGBXGreenbrier announces orders for 14,100 railcars valued at $1.24B
Greenbrier announced that it received new orders in its first quarter ended November 30 for 14,100 railcar units valued at $1.24B. Orders for the quarter include small-cube covered hopper cars for sand and cement transportation, boxcars, double-stack intermodal units, automobile carrying cars, gondolas and tank cars, both for crude oil and other commodity types. The average selling price for the orders reflects the diversity of railcar types ordered.
December 5, 2014
10:44 EDTAOptions with increasing implied volatility
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