Railroads

Deutsche Bank is reiterating its Buy rating and $79 PT on shares of Norfolk Sothern (NYSE: NSC). “Yesterday, we met with management of NSC and toured their locomotive facility in Altoona, PA,” Deutsche Bank writes. “Management is bullish about NSC's prospects and those of the broader U.S....

Morgan Stanley is reiterating its Equal-Weight rating on Norfolk Southern Corp. (NYSE: NSC) following the company's Investor Day. In its report, Morgan Stanley writes, “NSC's investor day reaffirmed the long-term bull case for rails, but the company continues to stand alone among Class I rails in...

Citi Investment Research is out with a research report on Norfolk Southern (NYSE: NSC), as the company held an investor meeting. It has a Buy rating and a $80 price target on shares. In a note to clients, Citi writes, "Norfolk Southern hosted its investor meeting Wednesday in Altoona, PA, and...

Bank of America Merrill Lynch is out with its report today on Norfolk Southern (NYSE: NSC), maintaining Buy. In a note to clients, Bank of America Merrill Lynch writes, "NS is posting solid double-digit vol growth, which along with its inflation-plus pure pricing and beneficial product mix, is...

According to a report from Goldman Sachs, after an uneventful investors meeting hosted by Norfolk Southern (NYSE: NSC) yesterday in Altoona, PA, Goldman Sachs maintains a Sell rating and $72.00 price target on the company. In the report, Goldman Sachs said, "We continue to see little reason to...

According to a recent report from J.P. Morgan, at an analyst meeting hosted by Norfolk Southern (NYSE: NSC), the company provided an optimistic outlook for long term growth, pricing and productivity. J.P. Morgan maintains an Overweight rating on NSC and reiterates a $78.00 price target on the...

Stifel Nicolaus has initiated coverage on Kansas City Southern (NYSE: KSU) with a Hold rating.

Shares of G-III Apparel Group Ltd (NASDAQ: GIII) fell about 0.4% as the company is all set to report its quarterly results after the closing bell. Analysts expect G-III Apparel to report its Q1 EPS of $0.04 on revenue of $195.36 million. Shares of Lowe's Companies Inc (NYSE: LOW) dropped about 1....

According to a recent report, J.P. Morgan is expecting Norfolk Southern (NYSE: NSC) to present their key volume growth strategies and the processes the company is using to drive productivity at the June 8 analyst meeting hosted by NSC. Leading up to the meeting, J.P. Morgan maintains an Overweight...

Honeywell International Inc (NYSE: HON) reported that its has received a five-year contract with NASA's Safety Center (NSC) worth $96 million for providing safety and mission-assurance services across the agency's centers and suppliers. "Honeywell has proudly served NASA since the earliest days of...

By Charles Rotblut, CFA Income-oriented investors have yet another reason to be upset with the bond markets. Junk bond yields fell to a record low a few days ago and are staying near those levels. As of the evening of Wednesday, May 18, the Barclays U.S. Corporate High Yield index yielded a mere...

Boom!  Russell Investments jumped from sponsoring just one ETF to 17 in a span of less than 10 days.  The firm introduced a 10-fund suite of Russell Factor ETFs last Friday (5/27/11).  The second wave of new products comes quick on the heels of the Russell Investment Discipline Index ETFs rollout....

Below are the top mid-cap railroads stocks on the NYSE and the NASDAQ in terms of earnings estimate for the next year. The earnings estimate for Westinghouse Air Brake Technologies Corporation (NYSE: WAB) for the next year ending December, 2012 is $3.91 per share. WAB's trailing-twelve-month ROE...

I know I have a tendency to continually write about two obvious trends – sovereign debt and peak oil – and if it seems like I'm repeating myself, it's only because these trends are so deadly important to understand for investors. Commodity investors especially...

Cusick's Corner Risk off trade continued into the After Hours and there was no real pressure on the shorts. Finance, XLF, is not a sector where we want to see any weakness if this market is going to get some potential legs to the upside. Bonds, TLT, may be on the move higher today, but I will be...