Railroads

Everyone knows Warren Buffett has been a long-time investor in Burlington Northern Santa Fe (NYSE: BNI), but it's still interesting to hear how Buffett approached Burlington Northern's CEO Matt Rose. Buffett was visiting Texas during the week as he has three other companies in the same area as...

Shares of the finest gourmet coffee beans seller Diedrich Coffee, Inc, (NASDAQ: DDRX) are up (24.75%) to $ 25.40 a share. Volume traded was 11,110 shares. Kansas City Southern (NYSE: KSU), the international transportation holding company with three primary railroads, increased 9.01% to $26.25 a...

Burlington Northern Santa Fe Corporation (NYSE: BNI) said this morning that they got a very fair deal. BNI received a 30% premium to its average stock price over the past 10 days. Burlington Northern independently consulted with both Goldman Sachs (NYSE: GS) and Evercore and both investment banks...

A couple of interesting acquisitions in the past 24 hours; late yesterday a bid for Black & Decker (BDK) by Stanley Works (SWK) - apparently finalizing a 28 year courtship! Stanley agreed to buy Black & Decker for about $3.5 billion in an all-stock transaction, creating a global tool...

The Black & Decker Corporation (NYSE: BDK) third-quarter net income fell 35% to $55.4 million, or 91 cents a share, from $85.8 million, or $1.43 a share in the year-ago period. Revenue fell to $1.21 billion from $1.57 billion. Wall Street analysts expected third-quarter net income of 84 cents a...

We asked in our weekend summary: So with an eye on earnings, I am just prospecting which day we are going to gap up 1.5% premarket on "surprisingly" good earnings. Tuesday? Wednesday? Thursday? We have our answer: Wednesday. The week has essentially played out to the tee as we laid out CSX? Check...

GWI's (NYSE: GWR) traffic in September 2009 was 63,607 carloads, a decrease of 1,250 carloads, or 1.9 percent, compared with September 2008. GWI's traffic in the third quarter of 2009 was 197,087 carloads, a decrease of 4,457 carloads, or 2.2 percent, compared with the third quarter of 2008. GWI...

CSX Corporation (NYSE: CSX) is forecast to report third-quarter earnings of 71 cents a share, according to analysts surveyed by FactSet Research. Yesterday, CSX closed at $44.91. Linear Technology Corporation (NASDAQ: LLTC) is projected to report earnings of 24 cents a share in the fiscal first...

Year 3, Week 10 Major Position Changes To see historic weekly fund changes click here OR the label at the bottom of this entry entitled 'fund positions'. Cash: 72.4% (v 73.8% last week)26 long bias: 22.2% (v 21.1% last week) [includes 1 call option position]5 short bias: 5.4% (v 5.1% last week) 31...

A very quiet week on the news front ahead of us, so I thought I'd post some of the strongest charts in terms of sustained upward movement that does not include a recent huge gap up on "news event" (some of these have small gaps. I excluded gold / silver stocks which of course enjoyed material...

Warren Buffet is no dummy - there is a reason he loves the US railroads as investments; essentially no competition. Anyhow, like 2 ships passing in the night - let us look at the rail prospects in the US v China with 2 articles from Fortune. Notwithstanding, that the U.S. is technically broke (in...

Baird said Burlington Northern (NYSE: BNI) has the best commodity mix and most consistent financial models in the group. The target was raised to $100.