Railroads

Norfolk Southern (NYSE: NSC) just announced it is increasing its dividend by 6%, or 2 cents per share, from 34 to 36 cents per share. The increased dividend is payable on Sept. 10, to stockholders of record on Aug. 6. Norfolk Southern is scheduled to report earnings today after the bell.

Here is the ETF Professor's ETF Watch List for Tuesday July 27, 2010. Play earnings from DuPont (NYSE: DD) with the Materials Select Sector SPDR (NYSE: XLB). The iShares Dow Jones Transportation Average Index Fund (NYSE: IYT) should be on your list anyway, but use it to play earnings reports from...

Analysts at Sterne Agee reiterate their "buy" rating on Union Pacific Corp (NYSE: UNP), while raising their estimates for the company. The target price for UNP has been raised from $86 to $88. UNP has reported its 2Q10 EPS at $1.40, significantly above the estimate of $1.22 and consensus...

Canadian National Railway Company (NYSE: CNI) reports Q2 EPS $1.13 vs consensus of $0.99. Canadian National Railway Company reports Q2 revenue $2.09 billion vs consensus of $2.04 billion. Diluted EPS increased by 38% year over year and revenues rose 18% year over year. The company also said that...

The Dow Transports are getting a boost today on the back of solid earnings from Union Pacific (NYSE: UNP) and UPS (NYSE: UPS). The iShares Dow Jones Transportation Average Index Fund (NYSE: IYT) is up $2.92, or 3.90%, to $77.70. Union Pacific this morning reported record earnings for its second...

Union Pacific (NYSE: UNP) said this morning that its second quarter net income rose to $711 million, or $1.40 a share, up from $465 million, or 92 cents a share, in the year-ago period. Analysts were looking for earnings of $1.21 per share. Revenues rose 26.2% year-over-year to $4.18 billion versus...

On CNBC's Fast Money, Brian Kelly said that inventory cycle is coming to an end and you should take a short position in CSX Corporation (NYSE: CSX) tomorrow. CSX Corporation (CSX) fell 1.17% today, and closed at $50.02. Tim Seymour likes Mechel OAO (ADR) (NYSE: MTL), and Guy Adami is keen on Human...

Union Pacific (NYSE: UNP), the nation's largest railroad, reports earnings before the opening bell tomorrow. Analysts are looking for Union Pacific to deliver earnings of $1.21 per share on revenue of $4.08 billion. Railroads are seen as an economic bellweather because they haul a variety of goods...

This morning the major market indexes are all trading lower to start the day. The catalyst for this early decline is poor earnings estimates by some of the largest corporations. Since this earnings season started stocks such as Alcoa Inc (NYSE: AA), Intel Corp (NASDAQ: INTC), and CSX Corp (NYSE:...

Johnson & Johnson (NYSE:JNJ) posted second quarter EPS of $1.15 which was lower than Zacks estimates of $1.21 and $1.18 in the year ago period. Revenues were $15.2 billion in the second quarter lower than Zacks estimates of $15.7 billion Microsoft (NASDAQ:MSFT) faced negative reporting...

Light volume up day at the start of the earnings season SPDR S&P 500 ETF (NYSE: SPY) didn’t even trade 150 million shares. Technically, plenty of stocks are starting to test the next level of resistance, either the 50day or the 200 day MA — most of which are still sloping down. This was...

Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet Netflix Builds an Empire Netflix (NASDAQ: NFLX) forced the closure of rival Movie Gallery, caused Blockbuster to implode and prompted retailers to streamline their approach to video sales en route to big-budget...