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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
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November 26, 2014
14:05 EDTNSC, GWR, CP, KSU, CNIRailroads prepare to avoid Chicago gridlock, Bloomberg says
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10:55 EDTBABoeing reports two new orders in weekly update
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08:20 EDTCPAckman says Herbalife short thesis reinforced by recent developments
"Recent developments at Herbalife reinforce our short thesis that HLF is an illegal pyramid that will collapse or otherwise be shut down by regulators," Bill Ackman stated in Pershing Square Holdings' quarterly letter to shareholders, which was released last night. "We continue to believe that the expiration of HLF’s $1.15B credit facility in 2016 is a potential catalyst for further stock price declines, as we are skeptical that the company will be able to access the credit markets in order to refinance or replace this facility," Ackman added. In the letter, Ackman also confirmed that the fund is currently doing due diligence on Actavis (ACT) to determine whether it should remain a long-term holder following the company's deal to acquire Allergan (AGN), noting that Pershing had recently met with the CEO of Actavis and were "impressed with him and his business plan for the combined company." Remarking on some of his other notable holdings, Ackman stated that Canadian Pacific’s (CP) transformation has been "nothing short of remarkable," that he believes the acquisition of Tim Hortons (THI) will create significant long-term value for Burger King (BKW) shareholders, and that early returns from Air Products' (APD) transformation are "promising."
November 25, 2014
17:26 EDTCPCanadian Pacific to purchase for cancelation over 1.2M shares
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05:19 EDTBABoeing delivers first direct purchase 737-700 to Ruili Airlines
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November 24, 2014
09:19 EDTBADefense Secretary Hagel said to be stepping down, NY Times reports
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November 20, 2014
19:31 EDTBABoeing has no plans for long-range 737 MAX, Reuters reports
Boeing has no plans to extend the range of its upcoming 737 MAX 9 jetliner after Airbus Group's announcement that it will offer a long-range version of its competing A321 aircraft, according to Reuters, citing a senior Boeing executive. Reference Link
15:35 EDTBADelta Air Lines confirms order for 25 Airbus A350-900, 25 A330neo aircraft
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13:50 EDTBABoeing confirms Kuwait Airways intent to purchase 10 777-300ERs
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09:05 EDTKNXI.D. Systems renews contract with Knight Transportation
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07:44 EDTBADelta near deal for 50 Airbus wide-body jets, Bloomberg reports
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November 19, 2014
17:13 EDTBABoeing awarded $194.78M government contract modification
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16:03 EDTGWRGenesee & Wyoming announces acquisition of short line railroads in Arkansas
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11:14 EDTCP, NSC, CNI, GWR, KSUCowen airfreight/surface & rail analysts hold analyst/industry conference call
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November 18, 2014
10:07 EDTRRyder management to meet with Buckingham
Meetings to be held in Kansas City on November 19 and in Texas on November 20 hosted by Buckingham.
November 17, 2014
16:38 EDTNSCAmtrak files complaint against CSX, Norfolk Southern, RailwayAge says
According to RailwayAge, Amtrak has filed a complaint with the U.S. Surface Transportation Board against Norfolk Southern (NSC) and CSX (CSX). Amtrak filed the complaint over substandard on-time performance of the Washington D.C.-Chicago Capitol Limited, which operates over right-of-way owned by Norfolk Southern and CSX, added RailwayAge. Reference Link
16:11 EDTNSC, CPNorfolk Southern, Canadian Pacific subsidiary propose rail line transaction
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05:12 EDTBABoeing signs agreement with Toray Industries for 777X wing composites
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November 14, 2014
17:14 EDTCPPershing Square gives quarterly update on stakes
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