railways

CSX Corporation (NASDAQ: CSX)'s executive vice president and chief financial officer, Frank Lonegro, warned investors that the volume is expected to drop by high single digit on a year-over-year basis in the third quarter. However, the company indicated that its efficiency continued to gain...

The Federal Communication Commission ordered Canadian Pacific Railway Limited (USA) (NYSE: CP) to pay a fine of $1.21 million for violations regarding wireless radios. In 2015, Canadian Pacific's internal audit revealed it has not complied with FCC licensing regulations. The probe revealed that the...

Argus said the recent weakness in the shares of Union Pacific Corporation (NYSE: UNP) offers a buying opportunity. Underperformance Union Pacific shares have modestly underperformed the market over the past quarter, rising 2.7 percent versus 3.9 percent gain for the S&P 500. Compared to the...

Canadian Pacific Railway Limited (USA) (NYSE: CP) reported earnings Wednesday, resulting in a mixed reaction. Initially, traders reacted positively to the company's Q2 adjusted earnings per share of $2.05 vs. $2.04 estimates and $1.45 billion sales vs. $1.47 billion estimates; however, a Buckingham...

The 2016 Citi Industrials Conference took place this week, and analyst Christian Wetherbee released a series of new notes with takeaways from the conference and commentary on a number of railway stocks. Here’s a look at what he had to say. Kansas City Southern (NYSE: KSU): Wetherbee saw CFO...

On Friday, Avondale Partners issued a note on the railroad industry, highlighting companies including CSX Corporation (NASDAQ: CSX), Canadian National Railway (USA) (NYSE: CNI), Canadian Pacific Railway Limited (USA) (NYSE: CP), Norfolk Southern Corp. (NYSE: NSC) and Union Pacific Corporation (NYSE...

Major rail carriers are seeing lower-than-expected demand that reflects weak growth in commodities, an analyst said Wednesday. Ken Hoexter of Bank of America trimmed his targets on three of the companies, while lowering his 2015 earnings estimates by an average of 4 percent. "We remain...

Railroad stocks such as CSX (NYSE: CSX), Union Pacific (NYSE: UNP) and Norfolk Southern (NYSE: NSC) offer long-term investors ways to profit from three economic forces that no other industry does for a variety of factors. The First Is Growth At Home. Railroads offer arguably the most...