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Stock Market & Financial Investment News

News Breaks
March 31, 2014
08:23 EDTNSC, CSX, GWRRailroad operator estimates lowered at Stephens
Stephens lowered its estimates for several rail operators ahead of their Q1 earnings reports citing the severe winter weather, but thinks the potential impact of weather on the quarter is well known. The firm said it would use post-earnings weakness in Genesee & Wyoming (GWR), CSX (CSX) or Norfolk Southern (NSC) as a buying opportunity, as it believes underlying demand is strengthening and the fundamental outlook for the group is unchanged. Stephens has Overweight ratings on the three stocks mentioned above.
News For GWR;CSX;NSC From The Last 14 Days
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September 15, 2014
07:42 EDTCSXMorgan Stanley to hold a conference
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September 11, 2014
12:37 EDTCSXCSX backs view of 'modest' FY14 EPS growth, consensus $1.86
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12:36 EDTCSXCSX now sees Q3 EPS 'slightly' above 45c, consensus 47c
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September 9, 2014
06:34 EDTGWRGenesee & Wyoming reports August carloads up 10.5% YoY
G&W's traffic in August 2014 was 179,184 carloads, an increase of 17,083 carloads, or 10.5%, compared with August 2013. G&W's same-railroad traffic in August 2014 was 174,013 carloads, an increase of 11,912 carloads, or 7.3%, compared with August 2013. G&W's traffic in the Q3 through August was 356,370 carloads, an increase of 29,197 carloads, or 8.9%, compared with the Q3 of FY13 through August. G&W's same-railroad traffic in the third quarter of 2014 through August was 345,827 carloads, an increase of 18,654 carloads, or 5.7%, compared with the Q3 of FY13 through August.

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