Railroads

Cusick’s Corner This is going to be a tough market to try to peg entries on either the long or short side. What is becoming abundantly clear is that all of us have to become more acquainted with how and potentially what to trade in a Deflationary environment. Yes, I have had colleagues (thanks...

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...

I personally don't care for Chinese stocks; after all, it is a Communist country. But many investors are willing to take the risk. Features of China include:* It is one of the BRIC countries* It is the largest country in the world by population* It has the second largest GDP by purchasing power...

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...

Cusick’s Corner There was very little green in the market this afternoon, other than the Bond and Gold markets, with the employment numbers so bad and the EU continuing to suck us right back in to the proverbial you-know-what. The market was not able to put together any sustained push to the...

Cusick’s Corner The trader in me is throwing my arms up, or at the very minimum not holding a bias. If I am in the market then I am trading, meaning tight risk and capital management. I expect this whippy action to continue into the After Hours. Watch the key levels that I discussed last night (...

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...

Cusick’s Corner While the market challenges long-term resistance, 200-Day Moving Average SPX 1105.5, traders are waiting for tomorrow’s Unemployment number which is estimated at 500K. This rally is in the face of a declining Euro and bullish EU market, a potential indicator that the sellers have...

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...

Canadian Pacific (NYSE: CP) will host an Investor Conference in Calgary, Alberta on Wednesday, June 2, 2010. Investors and analysts will hear about the railroad's current initiatives and strategy for continued growth. A live audio webcast of the Investor Conference and the presentation slides will...

Despite a lackluster day that saw the Dow Jones Industrial Average (DJI) lose triple digit gains and close down 69 points, the railroads had an impressive showing today. Union Pacific (NYSE: UNP), the nation's largest railroad by revenue, rose $1.88, or 2.75%, to $70.12. Volume was strong with more...