Railroads

J.P. Morgan Chase & Co. is raising its price target on Union Pacific Corporation (NYSE: UNP) to $102 from $92 and maintaining its Overweight rating after the railroad company reported better than expected earnings. In a note to clients, J.P. Morgan writes, "UNP continued to realize strong...

Analysts at Robert W Baird downgrade Union Pacific Corporation (NYSE: UNP) from "outperform" to "neutral." The target price for UNP has been raised from $92 to $93. UNP's shares lost 0.62% to close at $85.26 yesterday. More Analyst Ratings here

Union Pacific (NYSE: UNP), the nation's largest railroad, reported third-quarter earnings this morning that topped analyst's expectations. The company earned $1.56 a share on revenue of $4.41 billion. Analysts had expected earnings of $1.50 a share on revenue of $4.36 billion. On the economy, CEO...

The U.S. railroad giant Union Pacific Corp. (UNP) reported excellent results for the third quarter of 2010. Quarterly net income was a record high $778 million or $1.56 per share compared to a net income of $514 million or $1.01 per share in the year-ago quarter. Third quarter 2010 EPS of $1.56...

For Immediate Release Chicago, IL – October 21 , 2010 – Four free stock picks are being made available today on Zacks.com. The industry's leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive...

• AT&T (NYSE: T) reported in-line third quarter earnings of $0.55 on slightly better-than-expected revenues that advanced 2.8% to $31.58 billion • UPS (NYSE: UPS) reported third quarter earnings a nickel above estimates at $0.93 on revenues up 9.3%, but below Zacks estimates of at $12.38...

CSX Corp (CSX) was one of the first companies to kick off earnings season when it reported its third quarter results on October 12. Many eyes were on the southeastern railroad company because it also serves as a bellwether to the overall economy. The company did not disappoint. CSX reported...

Union Pacific Corp. (UNP) is slated to release its third quarter 2010 results on Thursday, October 21. The current Zacks Consensus Estimate for the third quarter is $1.50, representing a handsome annualized growth of 47.13%. With respect to earnings surprise, over the trailing four quarters,...

Dahlman Rose has issued a research report on Rail Transportation reporting upbeat tones for earnings season as EPS results are better than expected. In the report, Dahlman Rose writes "Weekly changes in rail traffic were led by a 36% increase in metallic ores and mineral volumes vs the prior week's...

Norfolk Southern Corporation (NYSE: NSC) announced today that it has terminated its previously announced private exchange offer (the "Exchange Offer") for its outstanding 7.90% Notes due 2097 (the "Existing Notes"). The Exchange Offer was made pursuant to an offering memorandum dated Sept. 16,...

Coverage has been reiterated on the following stocks: ZAGG (NASDAQ: ZAGG); Outperform with a $10 PT at Northland Securities Jamba Juice (NASDAQ: JMBA); Outperform with a $3.50 PT at Northland Securities J.P Morgan Chase (NYSE: JPM); Outperform with a $51 PT at Oppenheimer CSX (NYSE: CSX); Buy with...

Coverage has been reiterated on the following stocks: ZAGG (NASDAQ: ZAGG); Outperform with a $10 PT at Northland Securities Jamba Juice (NASDAQ: JMBA); Outperform with a $3.50 PT at Northland Securities J.P Morgan Chase (NYSE: JPM); Outperform with a $51 PT at Oppenheimer CSX (NYSE: CSX); Buy with...

RBC Capital Markets has reiterated coverage on the following stocks: Riverbed Technology (NASDAQ: RVBD); Sector Perform with a $38 PT Haliburton (NYSE: HAL); Outperform with a $47 PT CSX (NYSE: CSX); Outperform with a $69 PT RVBD is trading lower at $46.34 HAL is trading lower at $35.22 CSX is...