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Stock Market & Financial Investment News

News Breaks
February 16, 2014
16:06 EDTCP, TRN, GBX, ARIICanadian Pacific places surcharge on older oil tank cars, Reuters says
Seeking to deter shippers of crude oil from using tank car models that have been involved in a series of crashes, Canadian Pacific Railway (CP) is placing a surcharge on customers who transport crude in older tank cars, says Reuters. Companies that manufacture rail tank cars include, Trinity Industries (TRN), American Railcar Industries (ARII), and The Greenbrier Companies (GBX). Reference Link
News For CP;TRN;GBX;ARII From The Last 14 Days
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October 1, 2014
16:11 EDTCPCanadian Pacific expects to more than double EPS over next four years
The company expects to grow annual revenue to $10B in 2018, and to generate cumulative cash flow before dividends of $6B through 2018.
13:24 EDTTRN, ARII, GBXRailcar makers fall after lobbyists seek delay of oil tank car rules
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13:12 EDTTRNTrinity Industries sell-off today overdone, says UBS
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12:07 EDTTRNTrinity Industries pullback a buying opportunity, says UBS
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07:38 EDTTRN, GBX, ARIIRailcar, 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 29, 2014
18:18 EDTCPCanadian Pacific raises share repurchase authorization to 8% from 3%
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September 25, 2014
06:39 EDTCPCanadian Pacific to host two day investor meeting
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September 24, 2014
17:25 EDTARIIAmerican Railcar names Jeffrey Hollister as CEO, Umesh Choksi as CFO
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September 18, 2014
07:38 EDTTRNTrinity Industries management to meet with UBS
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