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Stock Market & Financial Investment News

News Breaks
May 8, 2014
06:31 EDTGWRGenesee & Wyoming reports April traffic up 8.1% to 170,513 carloads
North American traffic increased 14,783 carloads, or 10.8%, primarily due to increased coal, agricultural products and overhead Class 1 shipments. Australian traffic decreased 1,965 carloads, or 9.5%, primarily due to decreased minerals & stone traffic. Coal & coke traffic increased 5,007 carloads, or 20.8%, primarily due to increased steam coal shipments in G&Ws Midwest and Ohio Valley regions, partially offset by decreased shipments in G&Ws Central Region. Agricultural products traffic increased 4,566 carloads, or 22.9%, primarily due to increased shipments in G&Ws Pacific, Canada, Central and Ohio Valley regions. G&Ws Other commodity group traffic increased 4,069 carloads, or 65.2%, primarily due to overhead Class 1 shipments.
News For GWR From The Last 14 Days
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February 9, 2016
11:11 EDTGWRGenesee & Wyoming sees free cash flow increasing 10% in 2016
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11:09 EDTGWRGenesee & Wyoming says Australian manganese mine ceased shipments in November
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08:28 EDTGWRGenesee & Wyoming sees Q1 adjusted EPS 70c-75c, consensus 88c
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08:27 EDTGWRGenesee & Wyoming sees FY16 EPS $3.60-$3.80, consensus $4.12
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06:07 EDTGWRGenesee & Wyoming reports Q4 N American traffic down 14.8% to 388,228 carloads
Australian Operations traffic decreased 8,111 carloads, or 14.9%, to 46,245 carloads in the fourth quarter of 2015. Operating revenues from G&W's U.K./European Operations increased $156.1 million to $161.0 million in the fourth quarter of 2015, compared with $5.0 million in the fourth quarter of 2014 as a result of the newly acquired Freightliner U.K./European operations.
06:06 EDTGWRGenesee & Wyoming raises FY16 free cash flow by 10% to $285M
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06:05 EDTGWRGenesee & Wyoming to concentrate on commercial development worldwide
Cuts investment in plant and equipment to be consistent with lower traffic levels. The company announced it has made expense reductions in every operating region, with Australia now initiating a second round of cost cuts and the U.K./Europe planning significant cost reductions and a restructuring of UK coal business in 1H16.
06:04 EDTGWRGenesee & Wyoming: 2015 trends show few signs of abating in 2016
The company commented, "The trends that made 2015 difficult show few signs of abating in 2016. In North America, we anticipate our operating income to be down slightly as sustained weakness in coal and steel shipments is expected to offset positive trends such as core pricing. In Australia, we expect a decline in operating income due to the recent closure of a manganese mine and continued pressure on our remaining iron ore business. In the U.K./Europe, we expect operating income to be flat, but to improve in the second half of 2016 after we complete the restructuring of the U.K. coal business. The net impact of these trends and weaker foreign currencies is that we expect our adjusted diluted EPS to be down approximately 10% in 2016."
06:03 EDTGWRGenesee & Wyoming: All 3 operating segments continue to face weak shipments
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06:01 EDTGWRGenesee & Wyoming reports Q4 adjusted EPS 85c, consensus 86c
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February 8, 2016
14:28 EDTGWRNotable companies reporting before tomorrow's open
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