New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 4, 2012
07:14 EDTKSU, UNP, CSX, NSC, JBHT, SWFT, CGI, PACR, FDXRail, trucking firms benefit from booming trade with Mexico, Reuters reports
U.S. rail and trucking companies are making big investments on both sides of the border with Mexico to capitalize on booming trade between the two countries, reports Reuters.Reference Link
News For KSU;UNP;CSX;NSC;JBHT;SWFT;CGI;PACR;FDX From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | all recent news | >>
October 13, 2014
16:17 EDTNSCNorfolk Southern initiated with a Buy at UBS
Subscribe for More Information
16:17 EDTUNPUnion Pacific initiated with a Buy at UBS
Subscribe for More Information
16:16 EDTKSUKansas City Southern initiated with a Neutral at UBS
Subscribe for More Information
15:08 EDTJBHTJ.B. Hunt technical comments before earnings
Subscribe for More Information
12:16 EDTCSXOn The Fly: Midday Wrap
Stocks on Wall Street were slightly lower at midday amid light trading volume. Banks and bond markets are closed in observance of the Columbus Day holiday, though equity markets remain open. ECONOMIC EVENTS: In the U.S., no major economic data was reported. COMPANY NEWS: Shares of a number of freight train operators rose after The Wall Street Journal reported that one of the companies in the sector, CSX (CSX), was approached by a larger rival, Canadian Pacific (CP), about a possible merger. Following the Journal's report, CSX rose 10% and Canadian Pacific advanced 1%, while Norfolk Southern (NSC) and Kansas City Southern (KSU) both climbed about 3%... Chrysler returned to the U.S. stock market, as shares of Fiat Chrysler began trading on the New York Stock Exchange under the symbol "FCAU." MAJOR MOVERS: Among the notable gainers was J.C. Penney (JCP), which rose 3% after the company selected Marvin Ellison, who is currently executive vice president of stores at Home Depot (HD), to become its next CEO. Also higher were Atlas Energy (ATLS), which rose 20%, and Atlas Pipeline Partners (APL), which advanced 6%, after Targa Resources Partners (NGLS) and Targa Resources (TRGP) agreed to acquire Atlas Pipeline Partners for cash and stock valued at $38.66 per APL common unit and agreed to buy Atlas Energy following the company's spin-off of its non-midstream assets. Among the noteworthy losers was Aerohive Networks (HIVE), which plunged 30% after the company lowered its guidance for the third quarter, citing weaker-than-expected order volume near the quarter's end. Also lower were shares of GoPro (GPRO), which fell over 8% after a French journalist reported that the son of racing legend Michael Schumacher attributed the severity of his father's brain injury following a skiing accident on the GoPro camera mounted to his helmet. INDEXES: Near midday, the Dow was down 32.14, or 0.19%, to 16,511.96, the Nasdaq was down 7.97, or 0.19%, to 4,268.27, and the S&P 500 was down 6.85, or 0.36%, to 1,899.28.
10:53 EDTNSC, CSX, KSURailroads advance after report of Canadian Pacific approach to CSX
Subscribe for More Information
10:31 EDTCSXCredit Suisse questions WSJ article on Canadian Pacific and CSX merger
Credit Suisse said it wouldn't be surprised if Canadian Pacific (CP) approached CSX (CSX), but questions its validity unless Canadian Pacific makes an official response. The analyst notes the STB rules concerning Class I mergers have an impossible hurdle rate, making a deal a non-starter.
10:26 EDTCSXHigh option volume stocks
Subscribe for More Information
09:21 EDTCSXOn The Fly: Pre-market Movers
Subscribe for More Information
08:24 EDTCSXCSX price target raised to $37 from $32 at Bernstein
Bernstein raised its price target on CSX (CSX) after The Wall Street Journal reported that the company was approached by Canadian Pacific (CP) about a possible merger. The firm thinks the deal could enable CSX to more quickly raise its margins and presents it with an opportunity to unlock significant near-term value. Bernstein says the report makes it more constructive on CSX, but it keeps a Market Perform rating on the shares.
08:01 EDTCSXCanadian Pacific, CSX merger timing not ideal, says Cowen
Subscribe for More Information
07:23 EDTCSXCSX volatility up, approached by Canadian Pacific on possible merger, report
Subscribe for More Information
06:02 EDTFDXFedEx sued by EEOC for disability discrimination
Subscribe for More Information
October 12, 2014
16:04 EDTCSXCSX approached by Canadian Pacific on possible merger, WSJ says
Subscribe for More Information
October 9, 2014
07:58 EDTCSXCSX October volatility elevated into Q3 and volume outlook
Subscribe for More Information
October 8, 2014
14:07 EDTCSXCSX confirms train moving to Chattanooga derailed
Subscribe for More Information
10:06 EDTCSX, UNP, NSC, CGI, FDX, KSUStephens transportation analysts hold an analyst/industry conference call
Subscribe for More Information
October 6, 2014
07:12 EDTFDXThe MedTech Conference holds a conference
AdvaMed 2014 is being held in Chicago on October 6-8.
07:09 EDTUNPAmerican Trucking Association to hold a conference
2014 ATA Management Conference is being held in San Diego on October 4-7.
06:30 EDTFDXFedEx confirms, responds to Kansas Supreme Court decision
FexEx confirmed the Kansas Supreme Court issued a decision finding that a class of mostly former contractors in the state of Kansas should be considered employees under the Kansas Wage Payment Act, contrary to previous rulings by the United States District Court for the Northern District of Indiana. The decision applies to those independent contractors operating in Kansas from 1998-2007. The model that the court reviewed is no longer in use. FedEx said, "We fundamentally disagree with this ruling and are committed to protecting the rights of thousands of independent business owners to continue owning and operating their own businesses. More than 100 state and federal decisions – including that of the U.S. Court of Appeals for the D.C. Circuit – have upheld our contractual relationships with independent businesses. At this time we are considering available options in response to the court’s decision."
1 | 2 | 3 | all recent news | >>

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