New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 20, 2014
04:55 EDTCP, CP, R, R, AEP, AEP, ABFS, ABFS, ECHO, ECHO, JBHT, JBHT, UACL, UACL, RRTS, RRTS, CNI, CNI, BA, BA, NSC, NSC, KSU, KSU, GWR, GWR, KNX, KNXWolfe Research to hold a conference
7th Annual Global Transportation Conference to be held in New York on May 20-21.
News For CP;GWR;KSU;NSC;BA;CNI;RRTS;UACL;JBHT;ECHO;ABFS;AEP;R;KNX 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 | >>
March 24, 2015
06:12 EDTKSUKansas City Southern could trade down to $100 in near-term, says Citigroup
Subscribe for More Information
March 23, 2015
16:20 EDTCNI, NSC, KSUOn The Fly: Closing Wrap
Stocks on Wall Street opened in relatively quiet fashion and remained that way throughout the session until a sharp selloff in the closing minutes. For most of the day the averages moved in a narrow range, as the Dow broke its streak of consecutive days with triple digit moves. Like stocks, the oil markets had a quiet session that stood out amid the recent volatility in crude prices. A late day drop prevented the major stock indexes from adding to the big gains they'd notched on Friday. ECONOMIC EVENTS: In the U.S., the Chicago Fed's national activity index fell to -0.11 in February, below expectations for a reading of 0.10. Existing home sales rose 1.2% to a 4.88M rate in February, which was below the consensus forecast for them to grow 2% to a 4.92M unit rate. COMPANY NEWS: Shares of Kansas City Southern (KSU) declined $9.21, or 7.96%, to $106.48 after the railroad operator lowered its fiscal year revenue guidance to reflect slower year-to-date carload growth primarily from the energy sector, along with a continued deterioration in the value of the Mexican peso against the U.S. dollar and lower fuel surcharge revenues driven by lower WTI prices. The revenue warning appeared to weigh on others in the rail industry as well, with Union Pacific (UNP) falling $4.67, or 3.98%, to $112.78, Norfolk Southern (NSC) dropping $3.87, or 3.5%, to $106.56 and Canadian National (CNI) sliding $1.13, or 1.65%, to $67.24. MAJOR MOVERS: Among the notable gainers was ImmunoGen (IMGN), which gained $1.25, or 16.8%, to $8.69 after Takeda (TKPYY) licensed rights to use the company's antibody drug conjugate technology. Also higher was Tenet Healthcare (THC), which rose $2.45, or 4.94%, to $52.07 after agreeing to combine its short-stay surgery and imaging center assets into a new joint venture with United Surgical Partners International. Tenet will initially own 50.1% of the joint venture and will consolidate its financial results and will have a path to full ownership of USPI over the next five years through a put/call structure, the company noted. Among the noteworthy losers was MEI Pharma (MEIP), which plunged $4.37, or 69.37%, to $1.93 and was downgraded by at least four Wall Street research firms after the combination of Pracinostat and azacitidine showed no difference in the rate of complete remission, the primary endpoint of a Phase II study, compared to azacitidine alone. Also lower were shares of Vertex (VRTX), which fell $5.21, or 3.98%, to $125.79 after reporting data from a study evaluating VX-661 in combination with ivacaftor in cystic fibrosis that JPMorgan said was generally below expectations. INDEXES: The Dow fell 11.61, or 0.06%, to 18,116.04, the Nasdaq lost 15.44, or 0.31%, to 5,010.97, and the S&P 500 dropped 3.68, or 0.17%, to 2,104.42.
13:13 EDTNSC, GWR, KSURailroad operators trade lower after Kansas City Southern reduces FY15 guidance
Subscribe for More Information
12:17 EDTCNI, NSC, KSUOn The Fly: Midday Wrap
Subscribe for More Information
11:30 EDTAEPAEP to review strategic alternatives for competitive barge transportation unit
Subscribe for More Information
10:08 EDTCPHigh option volume stocks
Subscribe for More Information
08:23 EDTKSUKansas City Southern down 4.15% in pre-market trading
Subscribe for More Information
08:14 EDTKSUKansas City Southern sees Q1 adjusted EPS flat to slightly higher
Subscribe for More Information
08:13 EDTBABofA/Merrill airlines/aerospace analysts hold analyst/industry conference call
Subscribe for More Information
08:12 EDTKSUKansas City Southern reduces FY15 revenue guidance to low single-digit growth
Subscribe for More Information
08:01 EDTRRyder price target raised to $130 from $117 at FBR Capital
Subscribe for More Information
08:01 EDTBABofA/Merrill industrials/EU autos analysts hold analyst/industry conference call
Analysts provide a discussion of the key takeaways from the recently held Global Industrials & European Autos Conference on an Analyst/Industry conference call. to be held on March 23 at 10 am.
06:49 EDTCNICanadian National derailments rose 73% in 2014, Reuters says
Subscribe for More Information
March 19, 2015
06:33 EDTBAAir Lease leases two Boeing 777-300ERs with Air Austral
Subscribe for More Information
06:20 EDTBACytec Industries upgraded to Buy from Neutral at Citigroup
Subscribe for More Information
March 18, 2015
14:10 EDTBABoeing, Airbus stepping pressure on supllier over seat delays, Reuters says
Subscribe for More Information
12:01 EDTBABoeing 747-8 Intercontinental receives FAA approval for 330-minute ETOPS
Subscribe for More Information
09:35 EDTBAFedEx says not defering plane deliveries due to low fuel costs
Subscribe for More Information
06:38 EDTBABoeing looking to potential Malaysia deal to boost fighter jets, Reuters says
Subscribe for More Information
06:36 EDTBABoeing turns to cargo jets to overcome West coast port disruptions, WSJ says
Boeing (GE) and its suppliers -- including General Electric (GE) -- have turned to using large Ukrainian "Antonov" cargo jets to overcome supply disruptions at U.S. West coast ports, reports the Wall Street Journal, citing statements by Boeing Commercial CEO Ray Conner, who said disruptions continued even after the ports reached a deal earlier in March. "We’re still dealing with the congestion of all the things that are stuck in those ports right now," added Conner. A Boeing spokesperson said there had been "no effect" on deliveries to airlines. Reference Link
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