Railroads

Goldman Sachs is raising its PT on shares of Kansas City Southern (NYSE: KSU) from $54 to $55. Kansas City Southern closed Tuesday at $51.27.

Goldman Sachs is raising its PT on shares of Union Pacific Corporation (NYSE: UNP) from $105 to $106. Union Pacific closed Tuesday at $95.54.

Goldman Sachs is raising its PT on shares of Norfolk Southern Corp. (NYSE: NSC) from $59 to $62. Norfolk Southern closed Tuesday at $67.77.

CN (NYSE: CNI) announced today the acquisition of more than 1,000 new domestic containers to better serve manufacturers and distributors of grocery and consumer goods in domestic markets across Canada and grow the railway's participation in the segment. Roughly 80 per cent of the new containers...

The transports are at session lows, and most believe that the transport sector leads the economy, and is a very prevalent market indicator. If transports are making new highs, then it can be expected that the broader averages will soon follow, if they haven't already. With names like UPS (NYSE:...

Banyan Rail Services Inc. (BARA), announced today that its wholly-owned subsidiary, The Wood Energy Group, Inc. has entered into an amended service agreement with Kansas City Southern Railway Company (NYSE: KSU) for the gathering, pick-up and disposal of scrap rail ties. Wood Energy, based in St....

Goldman Sachs Raises AMSG PT To $24 Goldman Sachs has issued a report raising the Price Target on AmSurg Corp. (NASDAQ: AMSG) from $21 to $24. Goldman Sachs writes, “AmSurg has signed a definitive agreement to purchase privately held National Surgical Care (NSC) for $174 mn. NSC operates 18...

The transports are weak today, and general consensus is that for equities to go higher, the transports have to lead us, otherwise it is a false breakout. This could mean a turn lower, and seeing as we are very overbought here, the move downwards could be sharp and painful. At last check, shares...

Analysts at Stifel Nicolaus downgrade CSX Corporation (NYSE: CSX) from “buy” to “hold.” CSX shares gained 1.01% to close at $79.39 on Friday. More Analyst Ratings here

The shares of Union Pacific (NYSE: UNP), which I first discussed here on March 27, 2009, at a price of $43, have failed three times this winter to break through major, psychological resistance at $100. Needless to add, if you haven't already, now may be a good time to consider taking some profits...

Below are the top large-cap railroads stocks on the NYSE and the NASDAQ in terms of dividend yield. Norfolk Southern Corporation (NYSE: NSC) has a dividend yield of 2.40%. NSC's shares closed at $69.27 yesterday. Canadian National Railway Company (NYSE: CNI) has a dividend yield of 1.80%. CNI's...

The rail traffic for last week continued to climb, indicating that the economic recovery continues to stay on track. Traffic was up 1.7% week-over-week and 3.2% year-over-year. This is why names like CSX (NYSE: CSX), Union Pacific (NYSE: UNP), Norfolk Southern (NYSE: NSC) and Kansas City...

Metrolinx has purchased a section of CN's Kingston Subdivision rail line, used primarily for commuter and passenger rail operations in eastern Toronto, for C$299 million. The rail line acquired by Metrolinx from CN (NYSE: CNI) is composed of the two- and three-track rail corridor east of Union...

The major stock indexes have staged another rally. Everything that one could throw at this market has been swallowed as the major stock indexes seem to defy gravity. The highly followed Dow Jones Industrial Average has rallied higher by 820.0 points in just eleven trading sessions. The move higher...

CNBC Fast Money's Brian Kelly is bullish on silver, and he wants to buy iShares Silver Trust (ETF) (NYSE: SLV) tomorrow. iShares Silver Trust (ETF) (SLV) fell 0.06% today, and it closed at $36.17. Pete Najarian thinks that Union Pacific Corporation (NYSE: UNP) should be bought. Union Pacific...