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Stock Market & Financial Investment News

News Breaks
December 21, 2012
05:24 EDTARII, GBXGreenbrier rejects $22 per share proposal from American Railcar, Carl Icahn
The Greenbrier Companies, reaffirmed that American Railcar Industries conditional proposal to acquire the Company for $22 per share is unacceptable and not in the best interests of Greenbrier stockholders. Greenbrier also refuted the characterization of events and discussions described in the letter from American Railcar to Greenbrier dated December 19. Although representatives of the two companies and Greenbrier's advisers have held discussions on numerous occasions since November, at no point during these discussions did representatives of Greenbrier or its advisers invite or encourage American Railcar to make an offer to acquire Greenbrier for a price in the range of $20-$22 per share. To the contrary, Greenbrier has made clear to Icahn and his representatives that a price range of $20-$22 per share would not be acceptable to the company.
News For GBX;ARII From The Last 14 Days
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March 19, 2015
08:28 EDTGBXGreenbrier order flow impressive, says Sterne Agee
After Greenbrier announced yesterday that it received 10.1K orders in the February quarter, Sterne Agee says that the company's strong order flow is especially impressive since it likely excludes much of the effect of crude by rail tank orders related to the new tank car standards expected in May. The firm says that Greenbrier's backlog now essentially covers about two years worth of deliveries. It keeps an $84 price target and Buy rating on the shares.
March 17, 2015
06:03 EDTGBXGreenbrier announces orders for 10,100 railcars valued at $1.09B
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