Railroads

Shares of Kansas City Southern (NYSE: KSU) are higher on the session by 3.37%, trading at $55.82. Overall call volume is now running at 3.18x the daily average, with 77% of all calls traded being purchases on the offer. 1,366 contracts have traded on the session so far. Kansas City Southern is a...

Shares of Kansas City Southern (NYSE: KSU) are higher on the session by 3.93%, currently trading at $3.43. The stock has been moving largely higher over the past five months and is currently trading above the 200-day moving average. Options traders are buying calls on the name today. A short while...

The highly followed transportation sector continues to rally this morning. This sector found a short term low on June 13, 2011, since that time the sector has rallied higher by nearly 5.0 percent. Today, the iShares Dow Jones Transportation ETF(NYSE: IYT) is trading higher by $1.47 to $95.99 a...

Dahlman Rose is out with its report today on Canadian Pacific Railway (NYSE: CP), maintaining Hold. In a note to clients, Dahlman Rose writes, "We rate CP shares a Hold as the company offers long-term investors a chance to leverage the US and global economies but has had lackluster operational...

CSX Corporation (NYSE: CSX) shares are higher today, gaining almost 2% after the Jacksonville-based railroad company split its shares 3-for-1 last week. At last check, shares of CSX were up 42 cents to $25.23, a gain of 1.69%‎ on 4.4 million shares. CSX Corporation, together with its...

Shares of Canadian Pacific Railway Limited (NYSE: CP) are lower on the session by 0.75%, trading at $60.38. Overall call volume is now running at 11.08x the daily average, with 16% of all calls traded being purchases on the offer. 1,573 contracts have traded on the session so far. Canadian...

The Industrials Sector is posting strong gains in today's session, currently up 0.7% on the day. The strongest stocks in the S&P 500 Industrials Sector currently are: 1) Flowserve (NYSE: FLS): Shares of Flowserve are currently trading up 4.7% from yesterday's close to $105.85. The stock may be...

Claude Mongeau, president and chief executive officer of CN (NYSE: CNI), said today the company will have invested almost C$400 million to buy and rehabilitate four short-line railways serving resource-rich regions of northern Alberta by year-end 2011. "CN has stepped up to the plate in Alberta...

CN (NYSE: CNI) announced today a definitive agreement to sell substantially all of the assets of IC RailMarine Terminal Company to Raven Energy, LLC, an affiliate of Foresight Energy, LLC and the Cline Group ("Cline"), for US$73 million. ICRMT is an indirect subsidiary of CN, located on the east...

Stifel Nicolaus is out with its report today on Canadian Pacific Railway (NYSE: CP), maintaining Hold. In a note to clients, Stifel Nicolaus writes, "We are maintaining our Hold rating on the company's common shares. Our fair value estimate of $70, or 12.0x our 2013 EPS estimate of $5.80, provides...

J.P. Morgan is out with its report today on RailAmerica (NYSE: RA), maintaining Overweight. In a note to clients, J.P. Morgan writes, "We continue to believe that EV/EBITDA is a more meaningful valuation metric for RA. At the present time GWR (NYSE: GWR) is trading at EV/EBITDA and P/E multiples...

Dahlman Rose maintained its Hold rating on Canadian Pacific Railway (NYSE: CP) in spite of lowering its earnings per share estimates. In a research report published today, Dahlman Rose states, "As we revise our traffic growth assumption for Canadian Pacific to a decline of 2% and account for costs...

BMO Capital provided color on Canadian Pacific Railway (NYSE: CP). In a research report published today, BMO reiterated its positive outlook on the company's performance, after a meeting with the company's management. In the report, BMO states, "The planned acceleration of some of the capital...

Volunteers from CSX (NYSE: CSX), City Year and the Worcester Tree Initiative will plant 100 trees from 8:30 a.m. to 12:30 p.m. on June 11 at Dodge Park on Randolph Road, a site hit particularly hard by the Asian Longhorned Beetle. The event marks the third time the "Trees for Tracks" program, the...

Kansas City Southern (NYSE: KSU) announced today that its wholly owned subsidiary, Kansas City Southern de Mexico, S.A. de C.V., a Mexican corporation (the “Company”), has completed the redemption of all of its outstanding 7-5/8% Senior Notes due 2013 (the “7-5/8% Notes”) and its 7-3/8% Senior...