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Stock Market & Financial Investment News

News Breaks
February 23, 2013
18:49 EDTRAILTitagarh Wagons and FreightCar America agree to dissolve Indian JV
Titagarh Wagons and FreightCar America, FCA, announced that they have agreed to wind up and dissolve their Indian joint venture company. The joint venture company, Titagarh FreightCar Private Limited, was incorporated in India pursuant to a 2008 Joint Venture Agreement between the parties with the objective of manufacturing and selling aluminum coal-carrying rail wagons in India.
News For RAIL From The Last 14 Days
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October 1, 2014
13:24 EDTRAILRailcar makers fall after lobbyists seek delay of oil tank car rules
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07:38 EDTRAILRailcar, oil groups push back over crude-train deadlines, WSJ says
The Association of American Railroads, which represents oil and freight haulers, and the American Petroleum Institute, the lobbying group for oil companies, told the U.S. Transportation Department that they need more than two years to build safer railcars to haul crude, pushing back against some proposed federal rules, reported The Wall Street Journal. Rail car makers include Trinity Industries (TRN), FreightCar America (RAIL), American Railcar Industries (ARII) and Greenbrier (GBX). Publicly traded oil majors include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). Reference Link
September 19, 2014
09:55 EDTRAILFreightCar America upgraded to Outperform from Market Perform at Avondale
Price target is $43.

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