Canadian Pacific Railway Ltd. (NYSE: CP) announced this morning the resignation of Fred Green, President and CEO of the company following a 34-year career at the railroad. In its announcement the railroad’s…
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…
Markets opened higher this morning although a decline in tech stocks weighed on the Nasdaq, leaving the index with only a small gain going into the last hour of trading. Energy stocks…
If any of the major US railroads needed a good quarter, it was Canadian Pacific Railway Ltd. (NYSE: CP). The company has been fighting a running battle with activist investor William Ackman…
US railroads have suffered from the warm winter with falling volume on coal transportation, but rising prices for gasoline and diesel fuel have bumped up container (intermodal) traffic and taken much of…
Canadian Pacific Railway Ltd. (NYSE: CP) announced today that it would make use of a new rail hub at Van Hook, North Dakota, capable of handling up to 35,000 barrels/day of production.…
Paul Ausick Pershing Square Capital Management, L.P. has announced that its Town Hall Meeting intended to give Canadian Pacific Railway Limited (NYSE: CP) shareholders the opportunity to meet Pershing Square’s slate of nominees. The…
Jon C. Ogg Railroads and trucking companies have, for the most part, seen share prices rise over the past 12 months, while ocean-going shippers have taken a severe beating. Of four railroads, CSX Corp. (NYSE:…
Active traders and day traders have many stocks to choose from this Monday morning. We are tracking news and moves in shares of ASML Holding (NASDAQ: ASML), Canadian Pacific Railway Limited (NYSE: CP), Honda Motor…
Transportation stocks get a lot more attention as economic bellwethers than they do as market participants. Railroads, ships, and trucks are not particularly glamorous, and the industries are so entrenched that they…
Jon OggThese are some of this Friday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls. American Capital Agency Corp. (NASDAQ: AGNC) Cut to Neutral at…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. Apple Inc. (NASDAQ: AAPL) Maintained Outperform at Credit Suisse; maintained Buy…
The research calls are running light this week with many firms still on skeleton crews. These are some of this Thursday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research…
It turns out that Warren Buffett was right about railroads. They are part of a country’s fabric, and their place as a relatively low-cost shipper is well-fixed in a country’s infrastructure. Now…
These are some of this Friday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Canadian Pacific Railway (NYSE: CP) Cut to Market Perform at Raymond James. CME Group…
