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Stock Market & Financial Investment News

News Breaks
February 20, 2013
15:05 EDTRAILRail car makers lower after FreightCar America misses Q4 expectations
Rail road equipment stocks are lower after FreightCar America (RAIL) reported Q4 results that widely missed on the top and bottom lines. The company reported a loss of 8c per share compared to consensus analysts expectations of 26c and revenue of $116M in Q4 against estimates of $136M. The company noted that Q4 results were impacted by a decrease in coal car demand and product line change-over costs at both of its manufacturing plants. In late afternoon trading, FreightCar America is down $2.33, or 9.5%, to $22.20. Other companies in the peer group are also down in late afternoon trading. Trinity (TRN) is down $1.81, or 4.23%, to $41, The Greenbrier Companies, (GBX) is down $1.15, or 5.08%, to $21.50, and American Railcar Industries (ARII) is down $1.30, or 3.11%, to 40.52.
News For RAIL From The Last 14 Days
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July 16, 2015
10:00 EDTRAILOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Arc Logistics (ARCX) upgraded to Buy from Hold at Stifel... Dean Foods (DF) upgraded to Buy from Hold at Deutsche Bank... FreightCar America (RAIL) upgraded to Neutral from Sell at UBS... Frontier Communications (FTR) upgraded to Buy from Hold at Jefferies... Google (GOOG) upgraded to Outperform from Market Perform at BMO Capital... Intel (INTC) upgraded to Buy from Hold at Needham... Medtronic (MDT) upgraded to Buy from Neutral at BTIG... Netflix (NFLX) upgraded to Buy from Neutral at Rosenblatt... New Jersey Resources (NJR) upgraded to Buy from Hold at Argus... ONEOK Partners (OKS) upgraded to Outperform from Perform at Oppenheimer... Patterson-UTI (PTEN) upgraded to Overweight from Equal Weight at Morgan Stanley... SJM Holdings (SJMHY) upgraded to Overweight from Underweight at JPMorgan... Statoil (STO) upgraded to Buy from Neutral at Citi... SunOpta (STKL) upgraded to Outperform from Sector Perform at Scotia Howard Weil... Viacom (VIAB) upgraded to Neutral from Sell at Citi... Walgreens Boots Alliance (WBA) upgraded to Outperform from Neutral at Credit Suisse... Werner (WERN) upgraded on 'compelling' valuation at Wells Fargo... Wisconsin Energy (WEC) upgraded to Outperform from Neutral at Baird... voxeljet (VJET) upgraded to Overweight from Neutral at Piper Jaffray.
06:50 EDTRAILFreightCar America upgraded to Neutral from Sell at UBS
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