All Posts Tagged With: "CSX"

(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

(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

(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

(AAPL) Earnings Season Looks Presentable

The fourth quarter earnings season is in full swing and the overall tone of earnings reports thus far has been quite reassuring – we have yet to see the ugly numbers many of us had started fearing in the run up to this reporting season. The focus today is on Apple’s (...

24Jan2013 | | Comments Off | Continued

(AAPL) Fourth Quarter 2012 Earnings Season Gets Into High Gear – Earnings Preview

The fourth quarter reporting season gets into high gear this week, with 253 companies coming out with quarterly results, including 83 S&P 500 companies. The earnings season thus far has been relatively uneventful, but we will have a better idea by the end of this week; by then we will have seen...

20Jan2013 | | 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

(UNP) Union Pacific on a Neutral Lane

We maintain a long-term Neutral recommendation on Union Pacific Corporation (UNP), one of the leading freight railroads in the U.S. The company continues to remain on its growth trajectory benefiting from its diversified business...

18Dec2012 | | Comments Off | Continued

(INTC) Earnings and Guidance to Fill In Puzzle

With inflation not much of a concern for investors or the Fed, this morning’s CPI reading is essentially a non-event. Favorable Industrial Production and homebuilder sentiment index readings coming out a little later may give some traction to today’s trading action. But the real backdrop for today’s...

29Oct2012 | | Comments Off | Continued

(INTC) Earnings – Guidance to Fill In Puzzle

With inflation not much of a concern for investors or the Fed, this morning’s CPI reading is essentially a non-event. Favorable Industrial Production and homebuilder sentiment index readings coming out a little later may give some traction to today’s trading action. But the real backdrop for today’s...

16Oct2012 | | Comments Off | Continued

(INTC) Earnings, Guidance to Fill In Puzzle

With inflation not much of a concern for investors or the Fed, this morning’s CPI reading is essentially a non-event. Favorable Industrial Production and homebuilder sentiment index readings coming out a little later may give some traction to today’s trading action. But the real backdrop for today’s...

16Oct2012 | | Comments Off | Continued

(NSC) Norfolk Southern to Haul More Sand

One of the leading North American railroads – Norfolk Southern Corp. (NSC) is expected to bolster its sand shipments upon the construction of a transloading facility at HOST terminal in Horseheads, New York. The new construction...

9Oct2012 | | 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

(UNP) Union Pacific Beats Bottom Line

Union Pacific Corporation (UNP) reported second quarter 2012 adjusted earnings of $2.10 per share, surpassing the Zacks Consensus Estimate of $1.96 as well as the year-ago earnings of $1.59. Better-than-expected earnings came on the...

23Jul2012 | | Comments Off | Continued

(KSU) Kansas City Southern Beats on Revenues

Kansas City Southern (KSU) reported first quarter 2012 adjusted earnings per share of 75 cents, surpassing the Zacks Consensus Estimate of 72 cents. The earnings figure jumped 29.3% year over year from 58 cents driven...

7May2012 | | 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

(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

(ABT) Earnings Season in Full Swing – Earnings Preview

Earnings Preview 1/20/12 Earnings season will be in full swing this week. 422 firms are scheduled to report, and 117 of those will be members of the S&P 500. By the end of the week we should have a very good handle on just...

24Jan2012 | | 0 comments | Continued

(UNP) Union Pacific Exits 2011 on a High

Before the opening bell, the U.S. railroad giant Union Pacific Corp. (UNP) reported its fourth quarter fiscal 2011 adjusted earnings of $1.99 per share, surpassing the Zacks Consensus Estimate of $1.81 as well as the year-ago earnings...

21Jan2012 | | 0 comments | Continued

(UNP) Railroads Avert Labor Strike

An anticipated labor strike looming over the U.S. freight railroad industry has been finally forestalled after the intervention of U.S. Republican House leaders. The alarming possibility of a 90-day labor strike came to a halt when U.S. legislative authorities intervened to restrict any service disruption. The...

7Dec2011 | | 0 comments | Continued

(UNP) Railroads Avert Labor Strike

An anticipated labor strike looming over the U.S. freight railroad industry has been finally forestalled after the intervention of U.S. Republican House leaders. The alarming possibility of a 90-day labor strike came to a halt when U.S. legislative authorities intervened to restrict any service disruption. The...

5Dec2011 | | 0 comments | Continued

(CSX) CSX Launches Carbon Calculator

CSX Corporation (CSX) has introduced an improved Carbon Calculator to aid its customers in making supply chain decisions. The Calculator will compare carbon emissions by freight rail with long-haul trucks over similar routes and provide...

30Nov2011 | | 0 comments | Continued

(CSX) CSX Corporation Analyst Offers Continued Cautious Outlook

Despite disturbances to demand levels from the ongoing economic upheaval, CSX Corp. (CSX) continues to post strong year-over-year growth backed by a favorable pricing momentum. We remain encouraged by the company’s segment...

30Nov2011 | | 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) Union Pacific Raises Dividend

Union Pacific Corp. (UNP), the largest class 1 freight railroad operator in the U.S., has decided to increase its shareholders’ wealth. Yesterday, the Board of Directors of Union Pacific have authorized to raise its quarterly dividend...

28Nov2011 | | 0 comments | Continued

(UNP) Union Pacific Corporation Earnings Scorecard

Union Pacific Corporation (UNP) reported strong third quarter 2011 financial results with both revenue and earnings per share (EPS) exceeding the Zacks Consensus Estimate. Third Quarter Highlights Quarterly...

10Nov2011 | | 0 comments | Continued

(MS) Oct 19: The Earnings Parade Continues – Economic Highlights

The earnings parade continues even as the market tries to come to terms with the Apple surprise and waits for the expected weekend deal out of Europe. We also have economic data this morning about September CPI and Housing Starts, but they will likely have less traction in today’s...

20Oct2011 | | 0 comments | Continued

(MS) Ahead of Wall Street – October 19, 2011 – Ahead of Wall Street

Wednesday, October 19, 2011 The earnings parade continues even as the market tries to come to terms with the Apple surprise and waits for the expected weekend deal out of Europe. We also have economic data this morning about September CPI and Housing Starts, but they will likely have less traction...

20Oct2011 | | 0 comments | Continued

(CSX) CSX Corporation Earnings Preview

CSX Corporation (CSX), one of the leading rail transportation companies, is slated to release its third quarter 2011 results on Tuesday, October 18, after the closing bell. The current Zacks Consensus Estimate for third quarter earnings...

18Oct2011 | | 0 comments | Continued