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Why Union Pacific May Be Open To 'Trump Risk' As NAFTA Changes Remain On The Table
Friday, November 18, 2016 - 3:19pm | 298Railroad companies Kansas City Southern (NYSE: KSU) and Union Pacific Corporation (NYSE: UNP) could have a lot on the line if Donald Trump follows through on his protectionist campaign promises. While most analysts have focused on Kansas City Southern due to its exposure to Mexico, Loop Capital...
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What Is NAFTA And Why Does Trump Have Such A Problem With It?
Wednesday, November 16, 2016 - 9:50am | 619The North American Free Trade Agreement, or NAFTA, had not been widely discussed until the latest presidential campaign. However, Donald Trump’s repeated comments and criticism made it quite notable. “[NAFTA] was one of the worst things that ever happened to the manufacturing...
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Why Has Kansas City Southern Been Left Out Of The Trump Rally?
Tuesday, November 15, 2016 - 3:52pm | 603Kansas City Southern (NYSE: KSU) has been a standout, though not in a positive sense. Railroad stocks such as CSX Corporation (NASDAQ: CSX), Union Pacific Corporation (NYSE: UNP) and Norfolk Southern Corp. (NYSE: NSC) have been on a roll since the November 8 U.S. presidential election even as...
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Is Donald Trump Trying To Kill This Rail Stock?
Thursday, September 29, 2016 - 7:42am | 359According to Rick Paterson of Loop Capital Markets, Republican presidential nominee Donald Trump's policies could be seen as a "material threat" to Kansas City Southern's (NYSE: KSU) business. Specifically, Trump attacked Ford Motor Company's (NYSE: F) decision to shift...
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Bill Clinton: Blame Activist Investors, Not NAFTA For Companies Fleeing To Mexico
Tuesday, September 20, 2016 - 1:14pm | 321Former President Bill Clinton said on Tuesday that activist investors are partially to blame when companies flee the United States for Mexico. Speaking to CNBC during the Clinton Global Initiative's annual meeting in New York City, Clinton said activist investors "demand a profit in a year and a...
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This Billionaire Investor Is Backing Donald Trump, Says 'All Of Our Bad Trade Deals Could Have Been Good Ones'
Friday, July 29, 2016 - 10:25am | 429Wilbur Ross is a billionaire investor best known for restructuring failed companies within steel, coal, telecommunication and other sectors. In an op-ed published on CNBC Friday, Ross and Peter Navarro, a professor of economics and public policy at the Paul Merage School of Business, threw their...
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Market Wrap For May 2: Markets Slip On Ukraine Tensions Despite Positive Jobs Data
Friday, May 2, 2014 - 4:58pm | 2049U.S. stocks declined as tensions continue to mount in Ukraine. Russia requested an emergency session with the United Nations Security Council over a recent operation conducted by Ukraine where at least seven people were killed in the town of Slavyansk. Ukraine's interim President Oleksandr...
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Giant Sucking Sound Part 2? The NAFTA Of The Pacific Will Soon Allow Millions More American Jobs To Be Shipped Overseas
Wednesday, September 7, 2011 - 6:35pm | 2470The United States is negotiating one of the biggest free trade agreements in history and there is barely a peep about it on the news. Years ago, Ross Perot warned that if NAFTA was implemented there would be a "giant sucking sound" as millions of jobs left this country. It turns...