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Stock Market & Financial Investment News

News Breaks
June 16, 2014
08:10 EDTTRNTrinity Industries price target raised to $105 from $90 at KeyBanc
KeyBanc increased its price target on Trinity as the firm is increasingly confident that the domestic railcar cycle has gained momentum. The firm expects analysts' estimates for the company to rise going forward, It keeps a Buy rating on the shares.
News For TRN From The Last 14 Days
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July 30, 2014
11:16 EDTTRNTrinity Industries sees demand increasing due to new regulations
Comment made on Q2 results conference call.
July 29, 2014
18:35 EDTTRNOn The Fly: After Hours Movers
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16:32 EDTTRNTrinity Industries raises 2014 EPS outlook to $3.90-$4.10 from $3.50-$3.75
Consensus $3.76.
16:31 EDTTRNTrinity Industries reports Q2 EPS $1.01, consensus 77c
Reports Q2 revenue $1.5BM, consensus $1.35B. The company said, "Consolidated revenues increased 39% year-over-year and net earnings nearly doubled, outpacing revenue growth by a wide margin. The amount of operating leverage we obtained and the record $6.5 billion backlog in our major businesses at the end of the second quarter were impressive."
July 23, 2014
11:18 EDTTRNDoT proposes phase out of older DOT 111 tank cars for certain flammable liquids
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