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Stock Market & Financial Investment News

News Breaks
January 8, 2013
05:14 EDTGBXGreenbrier announces over $430M in new railcar orders since September 1
The Greenbrier Companies announced it is meeting demand for new railcars in North American and European markets with orders for over 4,200 units valued at over $430M since the start of its current fiscal year which began on September 1. Continued strength in North American shale energy markets generated orders for 1,250 of Greenbrier's higher margin tank cars with a value of approximately $160M. While Greenbrier has aggressively ramped tank car production over the last year in response to strong demand, order activity in the current fiscal year is diversified across a broad range of railcar types, with current tank car orders representing only 30 percent of all new business since September 1. Greenbrier has also received orders in North America and Europe for 1,400 automotive-related products valued at $140M. In North America, the company has received orders for nearly 1,000 automotive racks. Orders for 89-foot flatcars to support the rack deliveries are anticipated later in the fiscal year. In Europe, the company has received orders for more than 400 automotive-related railcars.
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December 11, 2014
07:30 EDTGBXDA Davidson to hold a conference
6th Annual Aerospace & Industrials 1:1 Conference is being held in Boston on December 11.
December 8, 2014
06:09 EDTGBXGreenbrier announces orders for 14,100 railcars valued at $1.24B
Greenbrier announced that it received new orders in its first quarter ended November 30 for 14,100 railcar units valued at $1.24B. Orders for the quarter include small-cube covered hopper cars for sand and cement transportation, boxcars, double-stack intermodal units, automobile carrying cars, gondolas and tank cars, both for crude oil and other commodity types. The average selling price for the orders reflects the diversity of railcar types ordered.

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