Jon OggNow that stocks have pulled back and interest rates have risen, investors are looking for more guidance on which stocks they should still buy and which stocks they should sell or…
courtesy of Sprint Corp.In the past 30 years, the hedge fund industry has shown phenomenal growth. Initially formed as true “hedges” against conventional investing, they morphed into vehicles for hedge fund portfolio…
Thinkstock Pershing Square Capital Management this morning filed a report with the U.S. Securities and Exchange Commission revealing that it has purchased a 9.8% stake (about 20.55 million shares) in Air Products…
These are the top analyst upgrades, downgrades and initiations from select Wall Street research calls on Tuesday, June 4, 2013. They include FedEx, GE, Ulta Salon and Walmart.
Investors and traders are on the hunt for new research ideas that will lead to higher income or more profits. 24/7 Wall St. reviews many fresh analyst calls each morning to find great…
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…
courtesy J.C. Penney Co. Inc.There has always been a Wall St. trend for the spotlight to shine on the smartest guy in the room at any given time. Whether they be one…
ThinkstockOne of the transportation methods commonly offered as an alternative to crude oil and refined product pipelines is rail transport. Last weekend’s 10,000 gallon rupture in an Exxon Mobil Corp. (NYSE: XOM)…
courtesy U.S. State DepartmentGovernor Dave Heineman of Nebraska has sent a letter to President Obama today expressing his approval for the re-worked Keystone XL pipeline project through the state. Heineman’s approval can…
ThinkstockThis week at 24/7 Wall St., we have taken an in-depth look at some of the top picks from the biggest firms on the street. Picks that top their “Conviction” “Focus” or…
The Federal Reserve will begin a new round of bond buying in hopes of stimulating the economy. (Reuters) China shares reached a quarter-long high as government policy initiatives buoy investors. (Reuters) Nokia…
Canadian Pacific Railway Ltd. (NYSE: CP) this morning announced that it will take a pretax, noncash fourth-quarter charge of $180 million related to its option to build an extension of its network…
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),…
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…
