Thinkstock After CSX Corp. (NYSE: CSX) reported its first quarter results last night, investors began selling the railroad company’s stock and shares are down about 3% this morning. The company is the…
Frank Golhen, via Wikimedia CommonsThe stock market has come a long way since the dark days of March 2009. The Dow Jones Industrial Average has been up 10 days in a row.…
courtesy of the Walt Disney Co.You know it is a bull market when you see major household names hitting 52-week highs. Right now we have many major stocks hitting fresh all-time highs!…
U.S. equity markets opened mixed this morning with the DJIA and the S&P 500 higher, and the Nasdaq lower, dragged down by concern over the earnings of Apple Inc. (NASDAQ: AAPL) (more…
U.S. equity markets opened higher this morning following a string of solid earnings reports yesterday and after markets closed last night. As we note below, earnings results were more mixed today, but…
Earlier this week, CSX Corp. (NYSE: CSX) reported quarterly results that were more or less in line with estimates, but the mix of shipments was not what the railroader was used to.…
The three major U.S. stock indexes opened lower this morning and really never got on track the entire day. The lower opening was likely a reaction to China’s weakest quarterly GDP growth…
The three major U.S. stock indexes opened lower this morning, and never really got untracked all day. Spanish 10-year bond yields fell 28 basis points to around 5.51%, while Spain again demurred…
The rail sector has taken a hit this morning after Norfolk Southern Corp. (NYSE: NSC) warned late yesterday that its third-quarter earnings will fall well below expectations. Norfolk Southern now expects earnings…
Shares of Union Pacific Corp. (NYSE: UNP) are up about 18% over the past 12 months, trailing only Canadian Pacific Railway Ltd. (NYSE: CP), up 21%, and Kansas City Southern (NYSE: KSU),…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Friday. Anthera Pharmaceuticals (NASDAQ: ANTH) Cut to Sell at Citigroup. Bed Bath & Beyond…
At today’s annual meeting, shareholders of Chesapeake Energy Corp. (NYSE: CHK) voted against retaining incumbent directors V. Burns Hargis, president of Oklahoma State University, and Richard Davidson, former chairman and CEO of…
The 16-member board of directors of Canadian Pacific Railway Ltd. (NYSE: CP) today includes 7 new members nominated by William Ackman and his hedge fund, Pershing Square Capital Management. The new board…
The past year has not been particularly kind to rail car makers. That may be changing, with FreightCar America Inc.’s (NASDAQ: RAIL) first quarter earnings report out this morning. Despite lower rail…
The revelation that the CEO of Chesapeake Energy Corp. (NYSE: CHK), Aubrey McClendon, was borrowing money from a private equity firm that did business with Chesapeake to finance his personal stake (2.5%)…
