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Stocks To Watch For October 12 (INTC, FAST, CSX, LLTC, DSX)
Tuesday, October 12, 2010 - 3:40am | 176Read More...Some of the stocks that may grab the investor focus today are: Wall Street expects Intel Corp (NASDAQ: INTC) to report its Q3 EPS at $0.50. INTC's shares gained 0.20% to close at $19.56 yesterday. Analysts are expecting Fastenal Company (NASDAQ: FAST) to have earned $0.50 per share in the third...
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Upside Purchased on Kansas City Southern (KSU)
Monday, October 11, 2010 - 10:08am | 197Read More...Shares of Kansas City Southern (NYSE: KSU) are lower on the session by 0.30%, currently trading at $39.35. The stock has been moving largely sideways for the past six months, consolidating between $40.00 and $35.00. A break of either of those levels would signal a strong movement higher or lower....
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Mad Money Lightning Round: Cramer Likes Union Pacific, Prefers BP Prudhoe Bay Royalty Trust And Permian Basin Royalty Trust to Penn West Energy Trust (SHLD, HD, UNP, PBR, PWE, BPT, PBT, HRB, INTU, GMCR, CBOE, DD)
Monday, October 11, 2010 - 4:04am | 381Read More...On CNBC's Mad Money, Jim Cramer said during the Lightning Round that he considers Sears Holdings (NASDAQ: SHLD) as an “interesting speculation.” He considers Home Depot (NYSE: HD) as his favorite stock in the industry. He believes that Union Pacific (NYSE: UNP) has the “most upside of any railroad...
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Dahlman Rose Says Rails On Track (CSX, UNP, NSC)
Monday, October 4, 2010 - 8:03am | 139Read More...Dahlman Rose & Co. discusses the railroad sector, including Union Pacific Corporation (NYSE: UNP), Norfolk Southern Corp. (NYSE: NSC), and CSX (NYSE: CSX). It has Buy ratings on all three companies, with price targets of $92, $68, and $67 respectively. In the research note, Dahlman Rose...
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Wells Fargo Downgrades UNP To Market Perform
Friday, October 1, 2010 - 5:46am | 43Read More...Analysts at Wells Fargo downgrade Union Pacific Corporation (NYSE: UNP) from "outperform" to "market perform." Shares of UNP fell 0.55% to close at $81.80 yesterday. More Analyst Ratings here
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Rail Traffic Says The Economy Is Growing, So Stop Worrying! (CSX, UNP, NSC)
Thursday, September 30, 2010 - 9:49am | 288Read More...Rail traffic rose to 692,500 rail cars last week, making it the best week in nearly two years. As indicated by this chart, rail traffic slipped during Labor Day, but has rebounded sharply as I had expected it would. As rail traffic has continued to increase, the rail stocks, in particular CSX (...
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CSX Corporation Announces Dividend Increase to $.26
Wednesday, September 29, 2010 - 1:03pm | 62Read More...Today the Board of Directors of CSX Corporation (NYSE: CSX) voted to approve an 8 percent increase in the quarterly dividend on the company's common stock. The quarterly dividend, which increases from $0.24 to $0.26 per share, is payable on December 15, 2010 to stockholders of record on November 30...
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Mad Money Lightning Round: Cramer Likes Xerox, Advises Investors To Hold McMoRan Exploration (XRX, CLNE, MMR, UNP, RIG, BP, SLB)
Wednesday, September 29, 2010 - 5:02am | 230Read More...On CNBC's Mad Money, Jim Cramer said during the Lightning Round that he considers Xerox (NYSE: XRX) as a buy. He added that, “They have real earnings power and could move up 30% to 40%." For Clean Energy Fuels (NASDAQ: CLNE), he said that, "I have become jaded. I no longer believe this Congress is...
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Norfolk Souther Corporation Upgraded to Outperform.
Monday, September 27, 2010 - 8:55am | 18Read More...Norfolk Souther Corporation (NYSE: NSC) upgraded at Avondale to Outperform.
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Calls Bought on CSX, Despite Downgrade (CSX)
Friday, September 24, 2010 - 12:12pm | 176Read More...Shares of CSX Corporation (NYSE: CSX) are higher on the session by 3.02%, currently trading at $56.03. The stock has been moving largely sideways for the past six months, in a channel, with $47.50 being support and $55.00 being support. CSX was cut to Hold, from Buy at BB&T Capital Markets...
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Benzinga's Top Downgrades (NOA, SHAW, NSC, BMY)
Friday, September 24, 2010 - 7:48am | 158Read More...North American Energy Partners Inc (NYSE: NOA) was downgraded by Raymond James from “outperform” to "market perform." NOA's shares closed at $8.55 yesterday. NOA's quarterly earnings plunged 205.40% y/y. JP Morgan downgraded The Shaw Group Inc (NYSE: SHAW) from "neutral" to "underweight." SHAW's...
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BB&T Downgrades CSX To Hold
Friday, September 24, 2010 - 6:26am | 40Read More...Analysts at BB&T downgrade CSX Corporation (NYSE: CSX) from "buy" to "hold." CSX shares dropped 1.82% to close at $54.39 yesterday. More Analyst Ratings here
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Kansas City Southern Announces the Appointment of Douglas W. Vogl as Vice President of Audit and Enterprise Risk Management
Thursday, September 23, 2010 - 3:43pm | 143Read More...Kansas City Southern (KCS) (NYSE: KSU) today announced the appointment of Douglas W. Vogl as vice president of audit and enterprise risk management. Mr. Vogl will report to KCS executive vice president and chief financial officer Michael W. Upchurch. “Doug is well known in Kansas City as an audit...
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Goldman Sachs Likes UPS & CP
Thursday, September 23, 2010 - 6:59am | 162Read More...Given the Expectation for a second derivative slowdown in growth, Goldman prefers stocks with favorable supply side dynamics and operational laggards with turnaround potential. Goldman Sachs remains bullish on Air Freight while Neutral on Rail and Truck. Goldman's favorite names are CL-Buy United...
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Canadian Pacific Announces a $350 Million Debt Offering
Monday, September 20, 2010 - 3:52pm | 69Read More...Canadian Pacific Railway Limited (NYSE: CP) announced today that its wholly owned subsidiary, Canadian Pacific Railway Company, is issuing US$350 million of 4.45% Notes due March 15, 2023. The transaction is expected to close September 23, 2010. The debt offering is being made in the United States...
