ThinkstockThree tanker cars filled with ethanol are leaking the fuel from a CSX Corp. (NYSE: CSX) train that derailed at the Port of Tampa. Fifteen cars are off the track and firefighters…
Paul Ausick July 17, 2013: U.S. equity markets opened higher this morning and managed to hold onto a decent gain following a day of ups and downs as Fed Chairman Ben Bernanke testified before…
thinkstockRailroad operator CSX Corp. (NYSE: CSX) reported second-quarter earnings per share (EPS) of $0.52 on revenues of $3.1 billion. The consensus estimate called for EPS of $0.47 on revenues of $3.02 billion.…
July 16, 2013: U.S. equity markets opened a bit higher this morning but almost instantly turned lower and remained in the red virtually all day. In Europe, Germany’s ZEW economic sentiment survey…
ThinkstockCorporate America continues to increase cash payouts to shareholders at a high, shareholder-friendly rate. S&P 500 dividends per share growth accelerated to 15.5% in the second quarter. That was well above the…
ThinkstockTransportation stocks are typically leading indicators for the economy and the stock market. They did well in the first half of the year, outperforming the S&P 500 by almost 4%, despite the…
ThinkstockOver the past five weeks, the 10-year Treasury bond yield has increased by over one-half of one percent from 1.66% to 2.17%. The overall equity market has rallied 3.8% during this stretch…
ThinkstockIn its weekly report issued yesterday, the Association of American Railroads (AAR) noted that rail carloads of petroleum rose 50.8% in the week, compared to the same week a year ago. For…
U.S. equity markets opened lower this morning following a downturn in Europe and mixed markets in Asia. Data releases were limited everywhere today as well. In Asia, a weaker yen boosted the…
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…
U.S. equity markets opened higher this morning, getting off to a good start in an effort to recover some of the ground lost yesterday. A jump in U.S. new home construction to…
ThinkstockThere is a big difference between a market rally and a bull market. Bear market rallies often happen when the stock market is so oversold that short sellers or deep value investors…
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…
ThinkstockCSX Corp. (NYSE: CSX) has some somber words for the U.S. coal sector, despite what has been a handy recovery in the share prices of many of the sector leaders. The rail transportation…
U.S. equity markets opened about flat this morning following the holiday weekend in the U.S. Foreign markets were also more or less mixed. In Europe, the German and eurozone economic indexes came…
