New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 23, 2014
15:28 EDTGBXGreenbrier says prepared for tank-car retrofits required by DoT
The Greenbrier Companies responded to the U.S. Department of Transportation's proposed rulemaking on the safe movement of flammable liquids by rail, including crude oil and ethanol. While Greenbrier is examining the details of the proposed rulemaking and will provide full comments at a later date, Jack Isselmann, VP External Affairs and Communications today made the following statement: "Greenbrier is pleased that Secretary Foxx recognizes the urgency of completing this rulemaking and we commend his stated intention to issue a rule in the next 60 days. A final rule will provide the clarity the industry needs to make investments that ensure that crude oil and other flammable commodities are classified properly and transported in tank cars that are safer at any speed. We are also gratified that two of the three alternate new design standards proposed by the Department call for a 9/16-inch thick steel shell, a safety feature that Greenbrier has consistently championed with our next generation 'Tank Car of the Future' design. This design can better withstand the additional demands associated with operating unit trains like the high-hazard flammable trains identified today by the Department. A two-year timetable for phasing out the use of older DOT-111 cars in the most hazardous flammable service is aggressive, but can be achieved through a combination of increased new tank car production and appropriate retrofit packages for tank cars that meet a more robust safety standard. Greenbrier is prepared to meet the need for tank car retrofits with our newly-launched joint venture for railcar repair and retrofitting, GBW Railcar Services."
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.
July 2, 2015
09:22 EDTGBXGreenbrier price target lowered to $65 from $75 at Stephens
Subscribe for More Information
09:10 EDTGBXGreenbrier initiated with an Overweight at Stephens
Subscribe for More Information
July 1, 2015
09:28 EDTGBXOn The Fly: Pre-market Movers
Subscribe for More Information
06:05 EDTGBXGreenbrier narrows FY15 EPS view to $5.70-$5.85, consensus $5.92
Backs FY15 revenue guidance of $2.6B-$2.7B, consensus $2.64B. Backs FY15 deliveries guidance of approximately 21,500.
06:03 EDTGBXGreenbrier reports Q3 EPS $1.33 with items, consensus $1.63
Subscribe for More Information
June 30, 2015
15:26 EDTGBXNotable companies reporting before tomorrow's open
Subscribe for More Information
14:47 EDTGBXGreenbrier July volatility elevated into Q3 and outlook
Greenbrier July call option implied volatility is 55, August is at 47, September is at 44; compared to its 52-week range of 29 to 70 into the expected release of Q3 results on July 1.
14:41 EDTGBXGreenbrier technical comments ahead of earnings
Subscribe for More Information
June 25, 2015
12:25 EDTGBXShares of railcar makers slide after Longbow notes demand, lease rates soften
Subscribe for More Information
09:38 EDTGBXRailcar demand and lease rates continue to soften, says Longbow
Subscribe for More Information

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