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Stock Market & Financial Investment News

News Breaks
February 11, 2014
04:55 EDTCNW, CNW, R, R, ABFS, ABFS, RLOG, RLOG, ULTR, ULTR, KSU, KSU, CNI, CNI, UNP, UNP, CP, CP, SWFT, SWFT, GWR, GWRStifel to hold a conference
Transportation and Logistics Conference is being held in Palm Beach, Florida on February 11-12.
News For CNW;SWFT;CP;UNP;CNI;KSU;ULTR;RLOG;ABFS;R;GWR From The Last 14 Days
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June 30, 2015
12:08 EDTCPCanadian Pacific to buy 308K shares from armís length third party for C$55.8M
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08:09 EDTUNP, KSU, CP, CNIRail 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).
June 29, 2015
10:09 EDTROn The Fly: Analyst Upgrade Summary
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06:33 EDTRRyder upgraded to Buy from Hold at Stifel
Stifel upgraded Ryder to Buy with a $104 price target based on reasonable valuation and expectations for Fleet Management Solutions NBT margin growth. The firm expects improved sales/marketing efforts to drive higher full service leasing growth and significant growth from the recently launched On-Demand maintenance product.
June 24, 2015
16:42 EDTRLOGRand Logistics eliminates Executive Vice Chairman position from board
Rand Logistics announced that Laurence Levy, executive vice chairman of the company and a member of Rand's board of directors, has resigned from his position as executive vice chairman, effective August 21. Levy will remain a director of the company. Levy's resignation follows discussions with Rand's board in which the parties determined it was in the company's best interests to eliminate the position of executive vice chairman. Levy's executive officer responsibilities will be transitioned to other senior executives of the company prior to the effective date of Levy's resignation.
June 22, 2015
10:14 EDTKSU, CNIKansas 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.

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