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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
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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.

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