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%)…
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…
Genesee & Wyoming Inc. (NYSE: GWR) this morning released its traffic volume report for March and for the first quarter of 2012. The news is not good, but it’s also not unexpected.…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Tuesday morning. Caterpillar, Inc. (NYSE: CAT) Raised to Outperform as Bull…
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:…
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…
The price for WTI crude oil fell below $83/barrel momentarily today as the market takes another shellacking, down around 200 points just before noon. Both crude and the wider market are making…
Investors love dividends, particularly from companies which are raising dividends or which have a history of raising dividends. There is a new diversified sample dividend portfolio for investors called the “8-Pack of…
The method of using capital from the corporate treasury to return capital to shareholders via share repurchase programs has long been under question. Most buybacks never are fully utilized, and many simply…
The market is doing well so far in 2011 after a great 2010. With the DJIA around 11,800 it is still a far cry from when 14,000 was being challenged in 2007. …
Earnings season is well under way now and we wanted to offer previews for the biggest impact stocks which have earnings on Thursday and Friday. The remaining most important earnings we are…
Earnings season is upon us and this week will mark the beginning of the flood of earnings reports. The most important earnings we are tracking will be from Apple Inc. (NASDAQ: AAPL),…
Our feature of “The Unusual Suspects” is back after not having enough consistent planned events during the last two weeks of the holidays. We have earnings due, cases happening, FDA events, mergers,…
