Railroads

In a somewhat odd move, Union Pacific (NYSE: UNP) released earnings during the middle of the day, but this has happened twice with the railroad company, so perhaps, it is a new trend it is setting. The company said it earned $1.29 per share on revenues of $4.49 billion, which compared to Wall...

iShares Dow Jones Transport. Avg. ETF (NYSE: IYT) has reversed course and gone negative, which is not a good sign for the overall health of the economy, and not a good sign for the overall health of the stock market. At last check, shares of iShares Dow Jones Transport. Avg. were off 39 cents to $...

Union Pacific Corporation (NYSE: UNP) today reported 2011 first quarter net income of $639 million, or $1.29 per diluted share, compared to $516 million, or $1.01 per diluted share, in the first quarter 2010.

This morning, the major stock indexes are soaring higher. The rally looks to be broad based as almost every stock on my screen is in the green. Most sectors are trading higher including technology, retail, energy, and mining. While everything looks really strong today there are some holes or...

Earnings season really kicked off yesterday, with superb reports from CSX (NYSE: CSX), IBM (NYSE: IBM), VMWare (NYSE: VMW), Intel (NASDAQ: INTC) and even Yahoo (NASDAQ: YHOO). If, and this is a big if, the rest of earnings season goes as well as yesterday did, then we can officially say that the...

CSX (NYSE: CSX) CEO Ward says will have capital spending $2B this year.

Analysts at Raymond James upgrade Canadian National Railway (NYSE: CNI) from “market perform” to “outperform.” CNI shares rose 1.10% to close at $72.53 yesterday. More Analyst Ratings here

Abbott Laboratories (NYSE: ABT) is expected to report its Q1 EPS at $0.90 on revenue of $8.81 billion. Nasdaq OMX Group Inc (NASDAQ: NDAQ) is estimated to post its Q1 earnings at $0.61 per share on revenue of $408.73 million. Altria Group Inc (NYSE: MO) is estimated to post its Q1 earnings at $0....

Abbott Laboratories (NYSE: ABT) is expected to report its Q1 EPS at $0.90 on revenue of $8.81 billion. Nasdaq OMX Group Inc (NASDAQ: NDAQ) is estimated to post its Q1 earnings at $0.61 per share on revenue of $408.73 million. Altria Group Inc (NYSE: MO) is estimated to post its Q1 earnings at $0....

CSX Corp. (NYSE: CSX) Reports EPS of $1.06 vs. $1.04 Estimate; Revenue $2.8B vs. $2.74B

US stock futures are mixed this morning, as investors are awaiting earnings from companies such as Goldman Sachs Group Inc (NYSE: GS) and Johnson & Johnson (NYSE: JNJ). Futures on the Dow Jones Industrial Average gained 4 points to 12,144.00 and futures on the S&P 500 stock index fell 0.70...

Harley-Davidson Inc (NYSE: HOG) is projected to report its Q1 earnings at $0.53 per share on revenue of $1.05 billion. Seagate Technology PLC (NASDAQ: STX) is projected to post its Q3 EPS at $0.27 on revenue of $2.66 billion. Johnson & Johnson (NYSE: JNJ) is estimated to post its Q1 EPS at $...

Bloomberg reported that the U.S. National Transportation Safety Board is investigating a rail collision that took place in Iowa yesterday. It occurred between two trains that are operated by Warren Buffett's Burlington Northern Santa Fe (NYSE: BNI).

Norfolk Southern Corporation (NYSE: NSC) was upgraded by BB&T from "hold" to "buy." NSC's shares closed at $67.74 on Friday. Norfolk Southern's trailing-twelve-month operating margin is 28.23%. Goldman upgraded A123 Systems Inc (NASDAQ: AONE) from “neutral” to “buy.” AONE's shares closed at $5...

A graph from Todd Sullivan's ValuePlays website shows that rail traffic continues to rise, and this should translate into healthy economic growth, and strong earnings for the major railroad stocks, like CSX (NYSE: CSX), Union Pacific (NYSE: UNP) and Norfolk Southern (NYSE: NSC). Total North...