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Deutsche Bank Reinstating Genesee & Wyoming With Buy (GWR)
Thursday, December 16, 2010 - 7:05am | 129Deutsche Bank is reinstating coverage on Genesee & Wyoming Inc. (NYSE: GWR) with a Buy rating and a $59 price target on shares. In a note sent to investors Deutsche Bank writes, "We are reinstating coverage on Genesee & Wyoming with a Buy rating as we see strong growth potential at this...
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KCS Announces Private Offering of $185 Million of Senior Notes Due 2020 (KSU)
Tuesday, December 14, 2010 - 10:38am | 434Kansas City Southern (NYSE: KSU) announced today that its wholly owned subsidiary, Kansas City Southern de México, S.A. de C.V., intends to commence an offering of $185 million aggregate principal amount of its Senior Notes due 2020 (the “Senior Notes”) in a private offering that is exempt from...
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Options Brief: CSX Corporation (CSX)
Tuesday, December 14, 2010 - 10:36am | 79Shares of CSX Corporation (NYSE: CSX) are higher on the session by 0.03%, trading at $63.80. Overall call volume is now running at 4.16x the daily average, with 66% of all calls traded being purchases on the offer. 10,790 contracts have traded on the session so far. CSX Corporation is a...
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Top 4 Stocks In The Railroads Industry With The Highest ROE (CNI, CSX, UNP, WAB)
Tuesday, December 14, 2010 - 5:32am | 135Below are the top railroad stocks on the NASDAQ and the NYSE in terms of return on equity. The trailing-twelve-month return on equity at Canadian National Railway Company (NYSE: CNI) is 18.77%. CNI's operating margin for the same period is 36.01%. The trailing-twelve-month return on equity at CSX...
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Who Will Hit $100 First? (CAT, UNP)
Sunday, December 12, 2010 - 5:58pm | 224Caterpillar (NYSE: CAT) and Union Pacific (NYSE: UNP) have been spectacular large-cap stocks in 2010, up 53.6% and 41.7%, respectively. Can they continue their run in 2011? The thesis behind these names is that emerging markets will continue to grow at a robust rate, fueling demand for agricultural...
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Who Will Hit $100 First? (CAT, UNP)
Sunday, December 12, 2010 - 5:56pm | 224Caterpillar (NYSE: CAT) and Union Pacific (NYSE: UNP) have been spectacular large-cap stocks in 2010, up 53.6% and 41.7%, respectively. Can they continue their run in 2011? The thesis behind these names is that emerging markets will continue to grow at a robust rate, fueling demand for agricultural...
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Rail Traffic Skyrockets: Good For Railroad Companies
Thursday, December 9, 2010 - 2:44pm | 222N. American rail traffic surged last week, the highest level it's been in since weeks. It jumped 111,000 rail cars to 687,000, and is now back up higher than the highest levels of 2010, which is a very strong sign for the economy going forward. Manufacturing and construction continue to lead the...
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Canadian Pacific Railway Keeps Rolling Along
Wednesday, December 8, 2010 - 2:49pm | 107It's been said before, but it bears repeating for investors who enjoy seeing their stocks head north: Warren Buffett likes the rails -- perhaps you should too, and Canadian Pacific Railway (NYSE: CP), first discussed here on May 1, 2009, at a price of $37.47, is a classic example. CP's stock...
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Options Brief: Kansas City Southern (KSU)
Wednesday, December 8, 2010 - 12:27pm | 94Shares of Kansas City Southern (NYSE: KSU) are lower on the session by 0.27%, trading at $48.85. Overall put volume is now running at 7.05x the daily average, with 29% of all puts traded being purchases on the offer. 1,050 contracts have traded on the session so far. Kansas City Southern is a...
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Options Brief: Kansas City Southern (KSU)
Wednesday, December 8, 2010 - 12:11pm | 94Shares of Kansas City Southern (NYSE: KSU) are lower on the session by 0.27%, trading at $48.85. Overall put volume is now running at 7.05x the daily average, with 29% of all puts traded being purchases on the offer. 1,050 contracts have traded on the session so far. Kansas City Southern is a...
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Railroad Stocks Near Session Highs
Tuesday, December 7, 2010 - 2:53pm | 78The railroad sector is up today in the session, with several key members at or near session highs. American Railcar Industries (NASDAQ: ARII) is hitting fresh session highs today, up 10.7% at $21.09 at last check. FreightCar America (NASDAQ: RAIL) is up 2.8% at $27.88 at last check, and CSX...
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CSX Zooms Higher
Tuesday, December 7, 2010 - 1:13pm | 142The shares of railroad CSX Corp.'s (NYSE: CSX), which I first wrote about on May 1, 2009, at a price of $30.56, have zoomed higher after a summer lull, and I obviously still like the shares at this stage. Look for CSX's 2010 revenue to increase 6% to 8% in 2011, after a 15% to 17% surge in 2010....
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Northrop Wins Coast Guard Contract - Analyst Blog
Wednesday, December 1, 2010 - 6:00pm | 537Defense contractor Northrop Grumman Corporation (NOC) received a $480 million contract to construct the fourth National Security Cutter (NSC) – WMSL 753, for the U.S. Coast Guard. Northrop will complete the construction work at its Pascagoula facility. The National Security Cutters that...
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Northrop Wins Coast Guard Contract - Analyst Blog
Wednesday, December 1, 2010 - 12:26pm | 537Defense contractor Northrop Grumman Corporation (NOC) received a $480 million contract to construct the fourth National Security Cutter (NSC) – WMSL 753, for the U.S. Coast Guard. Northrop will complete the construction work at its Pascagoula facility. The National Security Cutters that...
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Neutral on Kansas City Southern - Analyst Blog
Tuesday, November 30, 2010 - 6:00pm | 599We reiterate our long-term Neutral recommendation for Kansas City Southern (KSU), which implies the stock will perform mostly in line with the broader market. The company's third quarter 2010 net earnings soar, easily beating the Zacks Consensus Estimate.Improvement in business volumes, effective...