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Why It May Be Time To Hop Aboard The Rail Sector Ahead Of Q1 Earnings
Thursday, April 6, 2017 - 2:39pm | 402According to UBS, now may be an opportune time to jump into the rail sector ahead of first-quarter earnings releases of several of the top players this month. “Rail volumes have generally been better than expected in Q1 with CNI, NSC, and KSU realizing stronger volume growth while the mix...
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Markets Little Changed As The Quarter Comes To An End
Monday, June 30, 2014 - 4:34pm | 2316U.S. stocks were little changed as the second quarter comes to an end. Investors and traders are likely spending the last day of the quarter the same way they did to ring in the quarter: questioning the direction of the U.S. economy and wondering what is in store in the coming quarter. One...
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Stocks Mildly Higher To End The Week
Friday, June 27, 2014 - 4:33pm | 2073U.S. stocks were mildly higher as the second quarter comes to an end on Monday, before the markets pause for the Fourth of July holiday. Economic data was light as investors showed little interest as consumer sentiment improved in June from May. Recommended: Will The Markets Be Bullied By The...
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Consumer Confidence And Housing Data Take A Back-Seat To Markets
Tuesday, June 24, 2014 - 4:36pm | 2263U.S. stocks declined as the recent round of violence in Iraq may have escalated following reports that Syrian warplanes conducted raids in western Iraq, killing at least 50 people. The CBOE Volatility Index, also referred to as the "fear index", rose more than ten percent, trading...
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Market Wrap For March 12: Nasdaq Ends Losing Streak, Dow Mildly Lower
Wednesday, March 12, 2014 - 4:51pm | 2142U.S. stocks were little changed as investors found no new positive (or negative) developments from Ukraine and no new economic reports from China. Stanley Fischer, the nominee for Federal Reserve vice chairman will deliver a prepared testimony ahead of his confirmation at the Senate Banking...
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UPDATE: JP Morgan Raises Price Target on CSX from $28.00 to $29.00
Thursday, July 21, 2011 - 10:24am | 133J.P. Morgan has published a report on CSX Corporation (NYSE: CSX) raising the price target on CSX from $28.00 to $29.00. In the report, J.P. Morgan wrote, "CSX's conference call was upbeat in terms of their outlook for both volumes and pricing but their plans to increase headcount and rolling...
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Sterne Agee Downgrades CSX To Neutral, $26 PT
Thursday, June 23, 2011 - 7:35am | 26Sterne Agee has downgraded CSX Corporation (NYSE: CSX) from Buy to Neutral and has established a $26 price target.
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Dahlman Rose On CSX's 4Q Earnings Beat
Wednesday, January 26, 2011 - 9:52am | 129Dahlman Rose has published a research report on CSX Corporation (NYSE: CSX) after the company reported 4Q EPS that beat estimates and consensus. In the report, Dahlman Rose writes "CSX reported 4Q10 EPS of $1.14, vs our and street estimates of $1.05 and $1.10 respectively. The company reported...
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CSX 4Q Results Miss Sterne Agee's Expectations
Tuesday, January 25, 2011 - 10:29am | 155Sterne Agee has published a research report on CSX Corporation (NYSE: CSX) after the company reported 4Q earnings that missed expectations. In the report, Sterne Agee writes "Revenue of $2.8 billion rose 21% YoY on 13% carload growth and 8% yield growth. Volumes, excluding the extra week, were in-...
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CSX 4Q Results Miss Sterne Agee's Expectations
Tuesday, January 25, 2011 - 10:29am | 155Sterne Agee has published a research report on CSX Corporation (NYSE: CSX) after the company reported 4Q earnings that missed expectations. In the report, Sterne Agee writes "Revenue of $2.8 billion rose 21% YoY on 13% carload growth and 8% yield growth. Volumes, excluding the extra week, were in-...
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J.P. Morgan Raises CSX Estimates
Tuesday, January 25, 2011 - 9:46am | 131CSX Corporation's (NYSE: CSX) 4Q10 earnings report and guidance comments for 2011 were both better than expected and they provide a notable contrast to the 2011 outlook comments from UNP last week. “We expect CSX management to add further detail which supports their positive margin and export coal...
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JP Morgan Raises PT On CSX Corporation
Tuesday, January 25, 2011 - 8:42am | 27JP Morgan has raised the price target on CSX Corporation (NYSE: CSX) from $74 to $80 and maintains its Overweight rating.
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Dahlman Rose On Rail Transportation
Tuesday, November 23, 2010 - 10:11am | 295Dahlman Rose has published a research report on Rail transportation following week 45 results for volume in comparison to the previous weeks. In the report, Dahlman Rose writes "Week 45 volumes grew 9.3%, vs. 8.6% and 10.4% in the prior two weeks. While y/y growth should continue to slow in the...