All Posts Tagged With: "CP"
(KSU) Railroads Hit by Coal Concerns
After lower coal production forecasts by U.S. Energy Information Administration (EIA), railroads are again worried about the proposed regulation by the U.S. Environmental Protection Agency (EPA) for power plants across 27 states.
The proposed guideline –– Carbon...
(CNI) Canadian National Railway Buys Locomotives
After announcing plans for initiating new intermodal services connecting British Columbia and Alberta, Canadian National Railway (CNI) is about to carry out another infrastructural development. The company...
(UNP) Railroad Industry Stock Outlook – February 2012 – Industry Outlook
The U.S. Freight Railroads performed exceptionally well in 2011 despite difficult weather conditions and an extremely volatile U.S. economy. Solid commodities volumes, effective cost management, and improved rail efficiency helped U.S railroads to continue their strong performance.
The...
(CP) Canadian Pacific Announces Rail Strategy
One of the leading Canadian Railroad, Canadian Pacific (CP) has recently announced it long-term strategy for train lengths and network expansion in 2012-2013.
In 2012, the company intends to upgrade...
(UNP) Union Pacific Analyst Maintains Neutral on Shares
Union Pacific Corp. (UNP) reported excellent financial results for the third quarter of 2011 despite facing several challenges, such as extreme heat, floods, late harvest, and reduced shipment of containers....
(UNP) U.S. Railroad Stock Outlook – September 2011 – Industry Outlook
The U.S. Freight Railroads have been able to keep up the momentum despite facing unusual weather conditions and an extremely volatile U.S. economy. Solid commodities volumes, healthy demand for coal and improved efficiencies are helping the railroads to continue their strong...
(TEVA) Teva Pharmaceutical Industries Earns Favorable Court Ruling
Teva Pharmaceutical Industries Ltd. (TEVA) recently received a boost with the US District Court for the Southern District of New York issuing a favorable ruling related to the company’s patent infringement...
(MYL) Trial Date for Teva Pharmaceuticals / Mylan Dispute
Mylan Inc. (MYL) received some good news recently when a US District court denied Teva Pharmaceuticals Industries’ (TEVA) motion for a...
(CNI) Canadian National Railway Company to Sell Assets
Canadian National Railway Company (CNI) will sell assets of its indirect subsidiary IC RailMarine Terminal Company to Raven Energy, LLC, which is affiliated to Foresight Energy, LCC, a leading private company...
(CNI) Canadian National Railway Company Building New Logistics Park
The largest Canadian railroad, Canadian National Railway Company (CNI) announced that it will begin construction of the first Calgary Logistics Park. The new park is meant to facilitate intermodal transportation...
(UNP) U.S. Railroad Industry Outlook – May 2011 – Industry Outlook
Early indications are painting a rosy picture for the U.S. Freight Railroads in 2011. In the first quarter of 2011, the U.S. rail carload volume was up nearly 5.3% compared with the prior-year quarter.
A recent report of the Association of American Railroads (AAR),...
(UNP) Strong 2011 First Quarter for U.S. Railroads
A recent report of the Association of American Railroads (AAR), the main trade body of the U.S. Freight Railway industry, reported that the first quarter 2011 rail carload volume, excluding grain and coal, is up nearly 7.9% to 4.6 million rail cars compared with the prior-year...
(CP) Canadian Pacific Railway Analyst Maintains Neutral on Shares
We are currently maintaining our long-term Neutral rating on Canadian Pacific Railway Limited (CP), the largest rail network in Canada, supported by a Zacks #3 Rank (Hold).
Canadian Pacific, together...
(UNP) U.S. Railroads Expect Bright 2011
Early indications are pointing a rosy picture for the U.S. freight railroads in 2011. In the first quarter of 2011, railroad carload volume is up nearly 5.3% compared with the prior-year quarter. The industry has achieved this result despite of experiancing severe winter storm...
(UNP) Railroad Industry Outlook – February 2011 – Industry Outlook
An improving U.S. economy, a significant surge in automotive shipments, and a sharp rebound in many end-markets are expected to fuel the future growth of the Railroad industry. Freight rail is a derived-demand industry — demand for rail services is tied to the demand...
(CP) Canadian Pacific Analyst Initiates Coverage of Shares at Neutral
We are initiating coverage on Canada’s second-largest railway Canadian Pacific Railway Limited (CP) with a Neutral rating. Currently, the stock has the Zacks Rank of #3 (Hold).
We believe Canadian...
(UNP) U.S. Railroad Industry Outlook – October 2010 – Industry Outlook
An improving U.S. economy, massive surge in automotive shipments, and a sharp rebound in many end-markets are expected to fuel the future growth of the railroad industry. Freight rail is a “derived demand” industry — demand for rail services is tied to the demand...
(CNI) Canadian National Railway Analyst Initiates Coverage at Neutral
We are initiating coverage on Canadian National Railway (CNI) with a Neutral recommendation and a Zacks #3 (Hold) Rank. We believe increased traffic, solid execution, significant increase in industrial production,...
(BRKA) U.S. Rail Industry Outlook – June 2010 – Industry Outlook
Along with all other industries in the U.S., railroads also suffered during the economic downturn. Freight rail is a “derived demand” industry — demand for the rail service is tied with demand for the products that the railroads haul. Rail traffic, therefore,...
(CP) Canadian Pacific Railway Raises Dividend
Canadian Pacific Railway Limited (CP), Canada’s second largest railway, announced an increase in its quarterly dividend as well as capital spending driven by improvements in economic condition, healthy balance...
(CP) Canadian Pacific Railway Ltd Surpasses
Canadian Pacific Railway Ltd.’s (CP) fourth-quarter earnings came in at 94 Canadian cents per share, substantially ahead of the Zacks Consensus Estimate of 83 Canadian cents per share. Strong operating performance...
(CP) Canadian Pacific Issues $379 Million Debt Offering
Canadian Pacific Railway Company, a wholly owned subsidiary of Canadian Pacific Railway Limited (CP), has announced a debt offering of $379 million.
The debt offering carries a coupon interest rate of...
(CP) Canadian Pacific Railway Outstrips Estimates
Canadian Pacific Railway Ltd. (CP) third-quarter profit of 85 cents per share was ahead of the Zacks Consensus Estimate of 75 cents per share. The company had reported earnings of $1.19 per share in prior-year...
(CP) ZymoGenetics Files Against King Pharma
ZymoGenetics, Inc. (ZGEN) has filed a Citizen Petition (CP) with the U.S. Food and Drug Administration (FDA) requesting the agency to remove King Pharmaceuticals’ (KG) Thrombin-JMI from the market in the interest of patient safety. ZymoGenetics...
(UPS) Transportation – Industry Outlook
Stock performance in the transportation sector has been very uneven, reflecting the varying fortunes of particular industries within the sector. The median year-to-date-stock price gain/(loss) has been mixed for industries in the Zacks transportation universe — all industries...