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Barron's Recap (2/9/12): Best Fund Families
Saturday, February 9, 2013 - 4:05pm | 917This weekend in Barron's online: the annual Barron's/Lipper Fund Family Ranking, why the Dell buyout deal may unravel, and the prospects for CSX, Hospira, and Wendy's. Cover Story "All in the Family" by Lawrence C. Strauss. It is time again for the Barron's/Lipper Fund Family Ranking, and the...
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Short Interest in Railroad Stocks on the Rise (CNI, CP, KSU)
Saturday, December 29, 2012 - 3:39pm | 771By and large, the short interest in railroad stocks rose during the first two weeks of December. The number of shares sold short in Canadian National Railway (NYSE: CNI), Canadian Pacific Railway (NYSE: CP), CSX (NYSE: CSX), Kansas City Southern (NYSE: KSU) and Norfolk Southern (NYSE: NSC)...
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Earnings Expectations for the Week of October 15
Monday, October 15, 2012 - 6:54am | 1457The earnings crunch gets underway this week, with big names in the financial, technology, consumer goods and other sectors on tap to share their most recent quarterly results. Among those expected to post the biggest year-over-year gains in earnings are Abbott Labs (NYSE: ABT), BlackRock (NYSE: BLK...
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Norfolk Southern Earnings Warning Weighs on Rail Stocks
Thursday, September 20, 2012 - 1:51pm | 529Wednesday's earnings warning from rail transport company Norfolk Southern (NYSE: NSC) not only has its stock lower on Thursday, but it appears to have dragged down others in the industry as well. Of course, U.S. markets are lower in general Thursday as well. The Norfolk, Virginia-based rail...
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Earnings Expectations for the Week of April 16 (GS, MSFT, MCD)
Sunday, April 15, 2012 - 10:45am | 1425The earnings crunch is on this week. Among the scheduled quarterly reports from the financial sector are those from American Express, Bank of America, Bank of New York, Citigroup, Goldman Sachs, and Morgan Stanley. The tech sector will be represented by earnings reports from IBM, Intel, Microsoft,...
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Earnings Expectations for the Week of January 23
Sunday, January 22, 2012 - 3:13pm | 1531The earnings crunch rolls on this week. Among those scheduled to step into the spotlight are Apple (NASDAQ: AAPL), Caterpillar (NYSE: CAT), Chevron (NYSE: CVX), McDonald's (NYSE: MCD) and Starbucks (NASDAQ: SBUX). Analysts expect them post year-over-year earnings growth. AT&T (NYSE: T), Boeing...
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Earnings Expectations for the Week of October 17
Sunday, October 16, 2011 - 9:36am | 1322The earnings season ramps up this week. Tech giants Apple (NASDAQ: AAPL), Microsoft (NYSE: MSFT), Intel (NASDAQ: INTC) and IBM (NYSE: IBM) are scheduled to share their third-quarter results, as are big banks including Bank of America (NYSE: BAC), Citigroup (NYSE: C), Goldman Sachs (NYSE: GS),...
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Benzinga's Top Pre-Market Losers
Friday, August 19, 2011 - 7:35am | 113CSX Corporation (NYSE: CSX) dipped 13.60% to $18.30 in the pre-market session. CSX had $1.30 billion in total cash and $8.68 billion in total debt for the latest quarter. Hewlett-Packard Company (NYSE: HPQ) moved down 11.18% to $26.21 in the pre-market session. HPQ issued downbeat outlook for the...
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Earnings Expectations for the Week of July 18
Sunday, July 17, 2011 - 9:18am | 1316Earnings season ramps up this week with quarterly reports due from the likes of tech companies such as IBM (NYSE: IBM) and Microsoft (NASDAQ: MSFT), big banks such as Wells Fargo (NYSE: WFC) and Bank of America (NYSE: BAC), and consumer goods giants such as PepsiCo (NYSE: PEP) and Johnson &...
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Dahlman Rose Provides Color on the Rail Sector
Monday, May 23, 2011 - 8:21am | 340Dahlman Rose provided color on the rail sector. In a research report published today, Dahlman stressed a number of improvements in the sector. In the report, Dahlman states, "North American Class I rail traffic grew 4% in Week 19, 2011 vs 3.1% and 1.7% increases in the prior two weeks. The 4%...
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Bank of America Merrill Lynch Reiterates Buy on CSX
Thursday, May 19, 2011 - 9:42am | 89Bank of America Merrill Lynch is out with its report today on CSX (NYSE: CSX), reiterating Buy. In a note to clients, Bank of America Merrill Lynch writes, "We reiterate our Buy opinion and $86 price objective. Our target is based on a 16.6x multiple on our 2011 EPS estimate of $5.17, and note...
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Morgan Stanley Reiterates Overweight on CSX
Thursday, May 19, 2011 - 8:36am | 131Morgan Stanley is out with its report today on CSX (NYSE: CSX), reiterating Overweight. In a note to clients, Morgan Stanley writes, "We've long viewed CSX as particularly favorably positioned to benefit from each of the key themes underpinning our broader rail thesis including: (1) Operating...
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Jefferies Comments on CSX Corp.'s "Well-Attended Investor Day"
Thursday, May 19, 2011 - 7:57am | 138CSX Corp. (NYSE: CSX) held a “well-attended investor day in Detroit that included new mid-decade financial targets,” Jefferies reports. “These targets imply a doubling of EPS and $11 of cumulative dividends by 2015, which we estimate would support annual total return 15%- plus for the next five...
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Goldman Sachs Maintains Buy on CSX (CSX)
Thursday, May 12, 2011 - 9:34am | 99Goldman Sachs is out with its report today on CSX (NYSE: CSX), maintaining Buy. In a note to clients, Goldman Sachs writes, "Our Buy rating on CSX is based on our expectation of upside to consensus estimates due to: (1) increased export coal demand that is driving pricing and volumes, (2) share...
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Goldman On Transportation
Wednesday, October 6, 2010 - 8:18am | 418Goldman Sachs has issued a report on America's Transportation industry. In the report, Goldman writes "We expect railroad results to be mixed following more broad-based industry strength in recent quarters—as companies begin to bring assets/costs back on line to support increased volumes. For...