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Stock Market & Financial Investment News

News Breaks
May 4, 2014
18:49 EDTTRNFund managers look to Trinity as new tank car rules seen, Reuters says
After numerous rail car accidents involving trains carrying crude oil, Canadian and U.S authorities are set to announce stricter safety rules for tank cars carrying crude oil and other volatile materials, says Reuters. According to Reuters fund managers have initiated positions in Dallas-based rail car maker Trinity Industries in anticipation that the company will benefit from the stricter regulations and the need for safer tank cars. Reference Link
News For TRN From The Last 14 Days
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October 1, 2014
13:24 EDTTRNRailcar makers fall after lobbyists seek delay of oil tank car rules
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13:12 EDTTRNTrinity Industries sell-off today overdone, says UBS
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12:07 EDTTRNTrinity Industries pullback a buying opportunity, says UBS
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07:38 EDTTRNRailcar, 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 18, 2014
07:38 EDTTRNTrinity Industries management to meet with UBS
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