New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 3, 2014
06:18 EDTGBXGreenbrier announces orders for 5,600 new railcars valued at $460M
Greenbrier announced that it received new orders in Q2 ended February 28 for 5,600 railcar units valued at approximately $460M. These orders include a recent award for 1,200 intermodal platforms. Other orders include small cube covered hoppers and tank cars used in the energy sector, automotive-related products, medium and large cube covered hopper cars for the grain and plastic pellet markets, boxcars for paper and forest products markets, and gondola cars for metal and scrap. Current downward trends in railroad train velocity are expected to lead to stronger demand for certain railcar types in the future. The orders announced today include 1,100 units valued at approximately $130M received in December 2013 and first reported in Greenbrier's press release dated January 8, 2014. Since September 1, 2013, the beginning of the company's fiscal year, Greenbrier has received orders for nearly 8,200 railcars in North America and Europe valued at over $690M.
News For GBX From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
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.

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