New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 20, 2012
19:55 EDTGWRGenesee & Wyoming receives approval to control RailAmerica railroads
Genesee & Wyoming announced that the U.S. Surface Transportation Board, or STB, has approved its application to control RailAmerica, and the RailAmerica railroads, effective December 28. Assuming no stay requests are made by the December 24 deadline set by the STB, the voting trust that has controlled RailAmerica since the transaction closed on October 1 is expected to be dissolved on December 28. Thereafter, GWI would assume control of RailAmerica and begin integration of the two companies.
News For GWR From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 2, 2015
15:58 EDTGWRGenesee & Wyoming board approves $300M stock repurchase program
October 1, 2015
09:30 EDTGWRRails sector upgraded to Market Weight from Market Weight at Wolfe Research
Wolfe Research upgraded the Rails Sector to Market Overweight citing limited downside in earnings and valuations at current levels. The firm recommends investors aggressively buy rail stocks again given below market multiples and double-digit earnings growth next year. As part of the sector upgrade, the analyst raised Norfolk Southern to Outperform from Peer Perform.

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use