Railroads

CN (NYSE: CNI) today expressed disappointment with the decision of the U.S. Court of Appeals for the District of Columbia Circuit in Washington, D.C. denying the company's request to reverse the Surface Transportation Board's order requiring the railroad pay for the majority of the costs associated...

CSX Corporation (NYSE: CSX) shares are now green, up 45 cents to $74.87, a gain of 0.6% after being solidly in the red the whole day. The lows on the day were $71.92, and investors continued to buy up shares after that low was reached. Volume is exceptionally strong as well, having traded 3.3...

Shares of Kansas City Southern (NYSE: KSU) are lower on the session by 1.95%, trading at $50.23. Overall put volume is now running at 14.11x the daily average, with 21% of all puts traded being purchases on the offer. 2,144 contracts have traded on the session so far. Kansas City Southern is a...

J.P. Morgan is out with its report today on Genesee & Wyoming (NYSE: GWR), maintaining Neutral. In a note to clients, J.P. Morgan writes, "While GWR's EPS performance is clearly tied to the North American economy, the FreightLink acquisition provides an attractive driver of growth that is not...

Norfolk Southern Corp. (NYSE: NSC) is hitting another 52 week high, up $1.73 to $66.68, a gain of 2.66%. This is on fairly strong volume, having traded 2.7 million shares today. The average daily volume is around 3.5 million shares. Norfolk Southern Corporation, through its subsidiaries, engages...

Affymax Inc (NASDAQ: AFFY) was upgraded by Auriga from "hold" to "buy." AFFY's shares closed at $6.61 yesterday. Affymax's trailing-twelve-month revenue is $138.75 million. Capstone upgraded Spectrum Pharmaceuticals Inc (NASDAQ: SPPI) from “hold” to “buy.” SPPI's shares closed at $7.58 yesterday....

Analysts at RBC Capital upgrade Norfolk Southern Corp (NYSE: NSC) from “sector perform” to “outperform.” NSC shares fell 0.69% to close at $64.95 yesterday. More Analyst Ratings here

Analysts at RBC Capital downgrade CSX Corporation (NYSE: CSX) from “outperform” to “sector perform.” The target price for CSX is set to $81. CSX shares fell 1.73% to close at $74.57 yesterday. More Analyst Ratings here

Citi provided color in a research report published today regarding the news that CSX's (NYSE: CSX) Director Alex Behring will not seek re-election. In the report, Citi states, " Alex Behring announced he will not pursue re-election to CSX's board in May, a move which marks the end of activist...

North American freight railroad Canadian Pacific (NYSE: CP) and the Montreal Port Authority (MPA) today announced the signing of a collaborative agreement on performance and productivity that formalizes the railroad's and the port's ongoing supply chain collaboration.

The shares of railroad company CSX Corp. (NYSE: CSX), which I first wrote about on May 1, 2009 at a price of $30.56, have surged through $60 and $70 resistance levels, and now obviously would be a good time to consider taking some profits, if you're near $30 with CSX. However, those investors who...

North American railroad Canadian Pacific (NYSE: CP) and Port Metro Vancouver today announced a collaboration agreement to improve productivity and performance through Canada's Pacific Gateway. The Port and CP believe that greater collaboration and accountability among supply chain partners is the...

This morning the highly followed Dow Jones Transportation Index is making a new 10 month high. Often when the transportation index makes a new high traders and investors will view this as a sign of economic strength. While the new high for the transports is occurring intra-day it is more important...

On February 9, 2011, the Board of Directors of CSX Corporation (NYSE: CSX) approved a $0.26 per share quarterly dividend on the company's common stock. The dividend is payable on March 15, 2011, to shareholders of record at the close of business on February 28, 2011.

Morgan Keegan is lowering its price target on shares of Genesee & Wyoming (NYSE: GWR) after it reported earnings. It still has an Outperform rating, but lowered its price target to $56 from $58. In a note to investors, Morgan Keegan writes, "The company continues to generate solid free cash...