Railroads

• Goldman Sachs (NYSE:GS) added Visa (NYSE:V) to its Conviction Buy List, with a $93 price target • Air Products (NYSE:APD) said it raised its bid for Airgas (NYSE:ARG) to $63.50 from $60 • China renewed Google's (NASDAQ:GOOG) search license • Goldman Sachs (NYSE:GS) took Expedia (NASDAQ:EXPE) off...

Portugal Telecom SGPS (NYSE: PT) was downgraded by Bernstein from “market perform” to “underperform.” PT’s shares closed at $10.92 yesterday. Portugal Telecom’s quarterly earnings dropped 38.23% y/y. Jefferies downgraded Best Buy Co Inc (NYSE: BBY) from “buy” to “hold.” BBY’s shares closed at $34....

KLA-Tencor Corporation (NASDAQ: KLAC) was upgraded by Credit Suisse from “neutral” to “outperform.” KLAC’s shares closed at $28.70 yesterday. KLA-Tencor’s quarterly earnings soared 167.48% y/y. UBS upgraded Costco Wholesale Corporation (NASDAQ: COST) from “neutral” to “buy.” COST’s shares closed at...

Shares of CSX Corp. (NYSE: CSX) are higher on the session by 1.76%, currently trading at $50.18. The stock has been trading largely lower over the past three months and is now testing the 200-day moving average. Options traders are favoring the calls side today with the July $49.00 call traded 7,...

Citing "volume growth and cost controls" Deutsche Bank reaffirmed its Buy rating on four railroad stocks this morning. Expecting positive operating leverage, Deutsche Bank sees strong upside to Q2 EPS estimates. Deutsche Bank maintains a Buy rating on Union Pacific (NYSE: UNP), CSX Corp. (NYSE:...

Mike Khouw said on CNBC's Fast Money that investors should consider a bullish trade on CSX Corporation (NYSE: CSX), ahead of earnings. CSX Corporation (CSX) will post earnings on July 12th, and the option prices are suggesting a 6.5% move on the earnings day. Mike Khouw wants to make a bullish...

Shares of Norfolk Southern Corp. (NYSE: NSC) are higher on the session by 2.32%, currently trading at $51.67. The stock has been trading largely lower over the past three months and is currently trading in a downward trend. Options traders are buying calls, however, betting that the stock could...

Dahlman Rose & Co. released a note on Canadian Pacific Railway (NYSE: CP) this morning. The analysts said that they are trimming 2010 EPS estimates due to recent Canadian flooding, which they said will likely weigh on earnings in the second quarter. According to the report, the company's most...

Analysts at JP Morgan initiate coverage of Kansas City Southern (NYSE: KSU) with an "overweight" rating. The target price for KSU is set to $48. KSU’s shares moved down 1.65% to close at $38.12 yesterday. More Analyst Ratings here

Dahlman Rose & Co. reiterated its Buy rating on Union Pacific (NYSE: UNP) this morning. Noting that "The rail market remain[s] strong with pricing and productivity gains intact," Dahlman Rose maintained its $88 price target. Dahlman Rose met with Union Pacific management yesterday and commented...

Dahlman Rose & Co. reiterated its Buy rating on Union Pacific (NYSE: UNP) this morning. Noting that "The rail market remain[s] strong with pricing and productivity gains intact," Dahlman Rose maintained its $88 price target. Dahlman Rose met with Union Pacific management yesterday and commented...

Shares of Norfolk Southern Corp. (NYSE: NSC) are trading lower on the session by 4.38%, currently trading $54.31. The stock has been struggling to hold the 50-day moving average and is losing that battle with today’s slide. Puts are being purchased on the name today with the June $55 put bought...

Shares of Norfolk Southern Corp. (NYSE: NSC) are lower on the session by 0.76%, currently trading $56.26. The stock has been drifting lower over the past three weeks, breaking through the 50-day moving average to the downside. It is struggling to regain that level in today’s trade. Options...

By John Tamny of Forbes It doesn’t require a law degree to understand that all the bashing of President Obama over BP, much like President Bush was criticized for Hurricane Katrina, is a peversion of the Constitution and federal powers.  Obama is suffering negative commentary from left, right and...

When most investors look for ways to play growing global trade, they often look towards bulk shippers such as DryShips (NASDAQ: DRYS) or train networks such as CSX (NYSE: CSX) as portfolio plays. However, there may be another way to participate in the growth and add some nice dividends to a...