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Dahlman Rose Provides Color on CSX
Wednesday, July 20, 2011 - 7:02am | 103Dahlman Rose provided color on CSX (NYSE: CSX). In a research report published today, the rating agency commented on the company's Q2 results. In the report, Dahlman Rose states, “CSX reported 2Q11 EPS of $0.46, beating our expectation of $0.43, and consensus of $0.44. Intermodal strength, pricing...
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Deutsche Bank Provides Color on CSX
Wednesday, July 20, 2011 - 6:42am | 128Deutsche Bank provided color on CSX (NYSE: CSX). In a research report published today, Deutsche Bank commented on the company's Q2 results. In the report, Deutsche Bank states, “Yesterday after the close, CSX reported Q2 EPS of $0.46 above our estimate of $0.43 and Consensus of $0.44. Upside was...
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BMO Reiterates Outperform and PT of $29 on CSX
Wednesday, July 20, 2011 - 2:19am | 55BMO reiterated its Outperform rating on CSX (NYSE: CSX). At the same time, BMO left its price target on the company's stock unchanged at $29. On Tuesday, CSX added 1.15% to its value to finish the day at $25.48. Its shares continued to climb in today's pre-market trading, rising 1.61% to $25.89.
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CSX Rises on the Back of Its Q2 Earnings Beat
Tuesday, July 19, 2011 - 4:02pm | 177Shares of CSX (NYSE: CSX) are jumping in the after-hours following the release of the company's Q2 earnings results. Currently, shares are higher by 1.41%, trading at $25.84; they closed the regular session higher by 1.15%, at $25.48. CSX said that Q2 EPS came in at $0.46 on revenues of $3.02...
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Update: Jefferies Raising Price Target On CSX
Tuesday, July 19, 2011 - 6:38am | 146Jefferies & Co. is out with a research report on CSX (NYSE: CSX), and is raising its price target to $29 from $27. It has a Buy rating on shares. In a note to clients, Jefferies & Co. writes, "Earnings season for the transports kicks into high gear Tuesday night with CSX. Overall,...
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Earnings Scheduled For July 19
Tuesday, July 19, 2011 - 2:20am | 474Harley-Davidson Inc (NYSE: HOG) is projected to report its Q2 EPS at $0.71 on revenue of $1.26 billion. Yahoo! Inc (NASDAQ: YHOO) is projected to report its Q2 earnings at $0.18 per share on revenue of $1.11 billion. Bank of America Corporation (NYSE: BAC) is expected to post a Q2 loss at $0.90...
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Earnings Preview: Union Pacific Revenue Expected to Rise
Monday, July 18, 2011 - 1:55pm | 574Now's the time to start prepping for Union Pacific (NYSE: UNP)! Don't be caught off-guard: The company releases its next round of earnings this Thursday, July 21, 2011. Wondering what to expect from this Thursday's announcement? Don't worry. Here's your essential guide to Union Pacific's second...
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CSX Earnings Preview: Analysts Expect Rising Revenue
Friday, July 15, 2011 - 9:46am | 598It's time to get ready for CSX (NYSE: CSX) earnings! Don't be caught off-guard: The company releases its next round of earnings this Tuesday, July 19, 2011. No time to prep before Tuesday's announcement? Don't worry. Here is your everything-that-matters guide to CSX's second quarter earnings...
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Genesee & Wyoming Inc. Reports Traffic for June 2011 and the Second Quarter of 2011
Thursday, July 14, 2011 - 5:54am | 90Genesee & Wyoming (NYSE: GWR) today reported traffic volumes for June 2011 and the second quarter of 2011. GWI's traffic in June 2011 was 84,999 carloads, an increase of 10,071 carloads, or 13.4 percent, compared with June 2010. GWI's traffic in the second quarter of 2011 was 249,508 carloads...
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Dahlman Rose Reiterates CSX Buy, Maintains $30 PT
Wednesday, July 13, 2011 - 3:36pm | 80Dahlman Rose reiterated its CSX (NYSE: CSX) Buy rating and maintained its CSX $30 price target in a research report published today. In the report, Dahlman Rose states, "CSX announced an increase in its 2011 capital investment plan from $2.0 Bn to $2.2 Bn. The increase is primarily due to railcar...
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Dahlman Rose Reiterates Buy Rating on CSX Corp.
Wednesday, July 13, 2011 - 3:30pm | 125Rodman & Renshaw is out with a research report this morning, where it reiterates its Outperform rating on CSX Corp. (NYSE: CSX); it has a $30.00 price target on the stock. The DR analysts cited the company's recent announcement that has increased its 2011 capital investment plan from $2.0...
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CSX Increases 2011 Capital Investment to $2.2B
Wednesday, July 13, 2011 - 2:02pm | 126The CSX Corporation (NYSE: CSX) Board of Directors today authorized an increase in 2011 capital investment for certain asset purchases – primarily railcars to meet the growing near- and long-term demand for export coal. As a result, the company now expects to make 2011 capital investments of $2.2...
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KCS Announces Establishment of $500M KCSR Credit Agreement
Tuesday, July 12, 2011 - 3:49pm | 126Kansas City Southern (NYSE: KSU) today announced its subsidiary the Kansas City Southern Railway has entered into a new credit agreement with the various financial institutions as Lenders, The Bank of Nova Scotia as Administrative and Collateral Agent, Bank of America as Syndication Agent and...
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Goldman Sachs Lowers PT on Norfolk Southern to $71
Tuesday, July 12, 2011 - 6:46am | 154Goldman Sachs is out with its report today on Norfolk Southern (NYSE: NSC), lowering its PT from $72 to $71. In a note to clients, Goldman Sachs writes, "We are more bearish on NSC relative to other railroads, given that we expect cost issues to persist as hiring and asset purchases ramp up....
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Goldman Sachs Maintains Buy on CSX
Tuesday, July 12, 2011 - 6:36am | 70Goldman Sachs is out with its report today on CSX (NYSE: CSX), maintaining Buy. In a note to clients, Goldman Sachs writes, "Our top pick in rails is CSX, with its industry-high pricing, export coal benefits, productivity-driven margin expansion, and an intermodal share gain opportunity." Goldman...