All Posts Tagged With: "CP"

(NSC) Norfolk Southern Opens New Terminal

Norfolk Southern Corp. (NSC) unveiled its Thoroughbred Bulk Transfer terminal in Knoxville. The $5.9 million facility is adjoining to Interstate-275 and within two miles of Interstate 40 and Interstate-75 at Tennessee Avenue. Located...

10Oct2013 | | Comments Off | Continued

(UNP) Railroad Industry Stock Outlook – May 2013 – Zacks Analyst Interviews

Consistent with the current macroeconomic trends, railroads started the year on a mixed note. Going by the rail traffic report for the first quarter 2013, growth in automotive and petroleum products’ shipments was steady while coal and grain shipments continued to cast a shadow over the rail freight...

15May2013 | | Comments Off | Continued

(ENDP) Endo Health Solutions Sees FDA Setback on Opana ER

Endo Health Solutions Inc. (ENDP) recently suffered a setback with the US Food and Drug Administration (FDA) turning down its request to prevent the entry of generic versions of the company’s painkiller Opana ER. We remind...

15May2013 | | Comments Off | Continued

(A) April Market Strategy Summary

U.S. Payrolls, Fair Value and Earnings Season ADP payroll numbers of +158,000 for March came out in early April and spooked an over-extended five month long rally.  A troll (hopefully) put together very weak weekly unemployment claims numbers that followed. How about...

7Apr2013 | | Comments Off | Continued

(CNI) Canadian National Railway and Coalspur Mines Sign Agreement

One of the leading Canadian railroads, Canadian National Railway Company (CNI) has entered into a multi-year agreement with Coalspur Mines Limited. The agreement involves a 7-year contract for transporting thermal coal from Coalspur’s...

30Mar2013 | | Comments Off | Continued

(KSU) Kansas City Southern Stays Neutral

On Mar 15, 2013, we maintained our Neutral recommendation on Kansas City Southern (KSU), owing to ample cross-border growth opportunities, favorable pricing trends, high demand for product supplies and cost-saving actions, which were...

24Mar2013 | | Comments Off | Continued

(UNP) Union Pacific Retains Neutral Tag

On Feb 15, we maintained our Neutral recommendation on Union Pacific Corporation (UNP), reflecting its diversified business base, favorable pricing gains and high customer satisfaction level. However, the sluggish economic growth,...

2Mar2013 | | Comments Off | Continued

(CSX) CSX Corporation Slips to Underperform

On Feb 1, we downgraded our recommendation on CSX Corporation (CSX) to Underperform from Neutral, owing to lackluster fourth quarter results, dismal outlook for the coal and agricultural sectors plus strict regulatory issues. Why...

11Feb2013 | | Comments Off | Continued

(UNP) Railroad Stock Outlook – January 2013 – Zacks Analyst Interviews

Railroads continue to benefit from the ongoing highway conversion due to their cost effectiveness over truckloads. Currently, rail intermodal services are considered as one of the most fuel-efficient modes of freight transportation, and therefore remain the backbone of the railroad freight business. Year...

13Jan2013 | | Comments Off | Continued

(CNI) Canadian National Railway Company in Labor Deal

Canadian National Railway Company (CNI) entered into a labor contract with the International Brotherhood of Electrical Workers (IBEW) System Council 11. Per the tentative agreement, the council will renew the contracts of about 700...

2Jan2013 | | Comments Off | Continued

(KSU) Kansas City Southern Maintains Pricing Power

Kansas City Southern (KSU) is one of the foremost freight rail transportation companies. It functions in a seller’s market and has enjoyed pricing power since 1980 when the U.S. government formulated the Staggers...

1Jan2013 | | Comments Off | Continued

(UNP) Railroad Stock Outlook – September 2012 – Industry Outlook

Following stellar first quarter results, railroads continued on a growth trajectory and delivered fairly good second quarter results in an otherwise subdued economy. During this period, the industry leveraged its operating capabilities, improving service metrics and improving cost management to counterbalance...

15Sep2012 | | Comments Off | Continued

(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 Pollution Standard for New...

5Apr2012 | | Comments Off | Continued

(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 is purchasing approximately...

23Mar2012 | | Comments Off | Continued

(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 railroads...

5Feb2012 | | 0 comments | Continued

(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 and install new sidetracks...

8Dec2011 | | 0 comments | Continued

(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. Both revenue and EPS was...

28Nov2011 | | 0 comments | Continued

(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 performance. The...

21Sep2011 | | 0 comments | Continued

(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 lawsuit against Novartis...

1Sep2011 | | 0 comments | Continued

(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 summary judgment, finding...

22Jun2011 | | 0 comments | Continued

(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 engaged in coal mining...

19Jun2011 | | 0 comments | Continued

(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 to and from Calgary. The...

16Jun2011 | | 0 comments | Continued

(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), the main trade body of the...

22May2011 | | 0 comments | Continued

(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 quarter. Last year’s...

13Apr2011 | | 0 comments | Continued

(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 with its subsidiaries, operates...

9Apr2011 | | 0 comments | Continued

(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 during this period....

25Mar2011 | | 0 comments | Continued

(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 for the products that railroads...

2Feb2011 | | 0 comments | Continued

(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 Pacific is benefiting...

3Jan2011 | | 0 comments | Continued

(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 for the products that railroads...

3Oct2010 | | 0 comments | Continued

(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, ongoing inventory...

10Jul2010 | | 0 comments | Continued