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Stock Market & Financial Investment News

News Breaks
January 31, 2014
11:31 EDTTRNTrinity Industries unit acquires assets of Alloy Customs Products
Trinity Industries announced that its subsidiary has acquired the assets of Alloy Custom Products. Alloy manufactures and repairs cryogenic transportation products including cryogenic tanks and semi-trailers that store and transport LNG and other industrial gases. Initial annual revenues are expected to be in the range of approximately $25M-$30M.
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August 19, 2014
07:42 EDTTRNTrinity Industries has compelling valuation and catalysts, says KeyBanc
KeyBanc said Buy rated Trinity is well positioned coming out of Q2 earnings given compelling industry catalysts that include freight demand driven by energy end markets, regulatory driven extension of the tank car cycle, additional fleet sales, and capital deployments. The firm views Trinity as its highest quality railcar OEM and raises its price target to $55 from $53.
August 14, 2014
17:27 EDTTRNAppaloosa gives quarterly update on stakes
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