Railroads

Canadian Railway, Canadian Pacific (CP) has raised their dividend for the first time since early 2008. The increase was from $0.2475 to $0.27 per share, representing a hike of 9%. The stock yields about 1.9% on todays closing price. Another increase for our portfolio; that's two in one week! I...

Cusick's Corner Major US markets fell like a rock today after continuing fear that the EU debt crisis may thwart any US recovery. The Euro jumped against the Dollar after there were rumors that the European Central Bank might intervene to support the Euro which then set off short-covering in the...

The CBOE Market Volatility Index is at 42.82, its highest level in some 13 months. Wise investors say "let pessimism create value." While I don't know where the market will head in the next few trading sessions or the next few weeks, I can spot some values lurking out there. Skyworks Solutions (...

• Berkshire Hathaway (NYSE:BRKA) cut its exposure in Kraft (NYSE:KFT) by 23% in the first quarter. Kraft shares had rallied yesterday following a Barron's article, which advised the company's Cadbury purchase could help expand revenues and lower costs, a deal which was opposed by Buffett. ...

Goldman Sachs analysts Randall Stanicky, Stephan Stewart and Gregory Waterman commented on the FDA's denial of a Citizen Petition (CP) from Teva Pharmaceutical Industries (Nasdaq: TEVA) that requested that the FDA not approve any ANDA applications for a generic Copaxone unless specific requirements...

Railroad stocks generated interest when investment guru Warren Buffet chased Burlington Northern (NYSE: BNI) last fall. According to Barron’s, the best bet in the sector, however, seems to be the relatively smaller Kansas City Southern (NYSE: KSU). The first quarter is indicative of railroad...

It's time to profit from the fear. Last week's selloff to me was overdone and the market largely ignored any positive news that came out during the week. Earnings continued to come in better-than-expected and the economy added 290,000 jobs in April, the largest total in nearly four years. While the...

Union Pacific (NYSE: UNP) said Thursday its board approved a 22 percent increase in its quarterly dividend. The quarterly dividend is now 33 cents per share, up from 27 cents per share. Union Pacific CEO Jim Young said, "With business volumes continuing to grow, we feel very positive about the long...

The Fast Money crew discussed the old Wall Street adage "sell in May and go away" during Monday's show. Fast Money cited a Financial Times article that stated the theory worked from 1980 through 2000, with the markets producing positive returns only 50% of the time in May through October. But the...

Norfolk Southern Corp (NYSE: NSC) was downgraded by RBC Capital Markets from “outperform” to “sector perform.” NSC’s shares lost 2.36% to $59.65 by 9:50 am. NSC’s EPS is expected to fall by 38.94% this year. Nokia Corp (NYSE: NOK) was downgraded by RBC Capital Markets from “outperform” to “sector...

In case you were wondering if the economic recovery is real or not.... Instead of listening to analysts, pundits, talk show hosts, journalists, etc. opine on whether or not the recovery is real or whether we are headed for a double dip, why not get a more practical insight from somebody who can...

Kansas City Southern (NYSE: KSU) released financial results on Tuesday that beat Wall Street estimates. Kansas City Southern reported that it swung to a 1st quarter net income of $32.6 million, or 34 cents per share, from a loss of $8.1 million, or 9 cents per share, a year earlier. According to a...

Railroads continue to post impressive earnings and share price gains. The nation's largest railroad, Union Pacific (NYSE: UNP), posted solid first quarter results on Thursday and shares closed up today 85 cents, or 1.11%, to $77.10, just shy of their 52-week high of $78.03. Stronger shipped demand...

U.S. stocks ended a choppy session mixed Wednesday as traders appeared less enthusiastic to extend a rally that has put major indexes at multi-month highs.  Healthcare shares fell after a number of companies from the sector cut their earnings outlook, saying the U.S. healthcare overhaul will hurt...