Railroads

I guess I never really thought about how many airplanes an airline would need. Surely, they'd be a major purchase that would get bought in batches, a few a time, right? Maybe, maybe not. But today, that's definitely wrong, as Southwest Airlines (NYSE: LUV) just bought 150! of Boeing's (NYSE: BA)...

Canadian Pacific Railway (NYSE: CP) announced today that its wholly owned subsidiary, Canadian Pacific Railway Company, will redeem on September 30, 2011 all of the $US101.4 million outstanding principal amount of its 5.75% Notes due May 15, 2013. The redemption price of the Notes will be...

CSX (NYSE: CSX) announced today that a $59 million intermodal freight terminal expansion is underway in Columbus, Ohio. This terminal expansion is part of the National Gateway initiative, linking deep water east coast ports with Midwestern markets. The overall project covers six states and the...

CNBC Fast Money's Tim Seymour said on the show that Tenaris S.A. (ADR) (NYSE: TS) is a buy. Tenaris S.A. (ADR) (TS) gained 1.98%, and closed at $31.99. Guy Adami wants to buy CSX Corporation (NYSE: CSX) on Thursday. CSX Corporation (CSX) gained 2.44% today, and it closed at $21.00. Karen Finerman...

Bank of America has removed Union Pacific Corporation (NYSE: UNP) from its Most Attractive Buy List as a result of making the list more defensive after transports suffered another breakdown.

According to J.P. Morgan, Genesee & Wyoming (NYSE: GWR) is upgraded to Overweight and the price target is lowered to $58. J.P. Morgan said that it is upgrading GWR from Neutral to Overweight and our assessment indicates reward to risk of nearly 3 to 1 even with cautious EPS and valuation...

CSX Corporation (NYSE: CSX) dipped 13.60% to $18.30 in the pre-market session. CSX had $1.30 billion in total cash and $8.68 billion in total debt for the latest quarter. Hewlett-Packard Company (NYSE: HPQ) moved down 11.18% to $26.21 in the pre-market session. HPQ issued downbeat outlook for the...

Jefferies & Company upgraded Research In Motion Limited (NASDAQ: RIMM) from “underperform” to “hold.” RIMM's shares closed at $25.76 yesterday. RIMM's PEG ratio is 0.85. Analysts at JP Morgan upgraded Genesee & Wyoming Inc (NYSE: GWR) from “neutral” to “overweight.” GWR's shares closed at...

This morning, the Dow Jones Transportation Index is trading higher by 1.02 percent. The iShares Dow Jones Transportation Average (NYSE: IYT) is trading higher by 0.84 cents to $83.59 a share. Often when the transportation index trades higher it is a sign of economic strength and expansion. It is...

In the last five days, the iShares MSCI Canada Index Fund (EWC) basically broke even. However, the S&P 500 dropped almost 4%. It is not just this mini-market crash where Canada has outperformed. Canada has withstood the banking crisis and housing crisis much better than the US. For income...

Genesee & Wyoming Inc. (NYSE: GWR) today reported traffic volumes for July 2011. GWI's traffic in July 2011 was 85,199 carloads, an increase of 11,952 carloads, or 16.3 percent, compared with July 2010.

Regions Financial Corporation (NYSE: RF) rose 6.58% to $4.70 in the pre-market session. RF's trailing-twelve-month revenue is $4.37 billion. American Express Company (NYSE: AXP) added 5.90% to $45.58 in the pre-market session. AXP's PEG ratio is 1.12. CSX Corporation (NYSE: CSX) moved up 5.88% to...

Goldman Sachs has downgraded Canadian National Railway (NYSE: CNI) from Neutral to Sell.

Goldman Sachs has upgraded Norfolk Southern (NYSE: NSC) from Sell to Neutral.

Goldman Sachs has upgraded Union Pacific (NYSE: UNP) from Neutral to Buy.