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San Fransisco Chronicle (Free subscription) | yesterday
Shares of CSX Corp. edged down in premarket trading Friday as an analyst downgraded the railroad, saying its share price has moved too high. Analyst John G. Larkin of Stifel, Nicolaus now rates the Jacksonville, Fla., company "Hold," down from "Buy." Relative... Share price - CSX Corporation - Rail transport - Business - Corporation
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Business Wire (Free subscription) | 11/19/2009
OMAHA, Neb.--(BUSINESS WIRE)--The Board of Directors of Union Pacific Corporation (NYSE: UNP) has declared a quarterly dividend of 27 cents per share on its common stock, payable January 4, 2010 to stockholders of record November 30, 2009. Union Pacific has paid dividends on its common stock for 110 consecutive years. Union Pacific Corporation owns one of America’s leading transportation companies....
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PR News Wire (Free subscription) | 11/12/2009
CALGARY, Nov. 12 /PRNewswire-FirstCall/ - Canadian Pacific Railway Limited (TSX/NYSE: CP) announced today that its wholly-owned subsidiary, Canadian Pacific Railway Company, is issuing CDN$400 million of 6.45% Notes due November 17, 2039. The transaction is expected to close November 17, 2009. The net proceeds from this offering of approximately CDN$398 million will be used for general corporate purposes...
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Business Wire (Free subscription) | 11/12/2009
KANSAS CITY, Mo.--(BUSINESS WIRE)--Kansas City Southern (KCS) (NYSE: KSU) Executive Vice President & Chief Financial Officer, Michael Upchurch, will address the Citi 6th Annual Small/Mid Cap Conference at 12:00 p.m. eastern time on Friday November 20, 2009. Interested investors not attending the conference may listen to the presentation via a simultaneous webcast on KCS’ website at www.kcsouthern.com....
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PR News Wire (Free subscription) | 11/12/2009
JACKSONVILLE, Fla., Nov. 11 /PRNewswire/ -- CSX Corporation has been named #2 in the G.I. Jobs 2010 Top 100 Military Friendly Employers rankings. The seventh-annual list recognizes employers that have shown a dedicated track record of hiring military personnel, as well as supportive corporate policies toward National Guard and reserve service members.
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People Daily (Free subscription) | 11/11/2009
Billionaire investor Warren Buffett's purchase of US rail freight giant Burlington Northern Santa Fe Corp has spurred a rally in Chinese railways-related stocks, especially transportation and construction firms, and come as a shot in the arm for the sector. Shares of railway transportation companies Daqin Railway Co, China Railway Tielong Container Logistics, Guangshen Railway and Good Hand Railway...
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Business Wire (Free subscription) | 11/10/2009
KANSAS CITY, Mo.--(BUSINESS WIRE)--In its ninth annual run, Kansas City Southern’s (NYSE: KSU) (KCS) Holiday Express train will bring Santa Claus and his elves on 23 dates to 22 communities in eight states throughout The Kansas City Southern Railway Company’s (KCSR) service territory, including Louisiana, Texas, Mississippi, Arkansas, Oklahoma, Missouri, Kansas and Illinois. Access to the...
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People Daily (Free subscription) | 11/05/2009
If you always wanted to invest alongside Warren Buffett, but found it too expensive, you now have your chance. Buffett's decision to conduct a 50-for-1 split of Class B shares of his Berkshire Hathaway Inc lowers the price of entry for ordinary investors who long found it prohibitively costly to buy the stock. The split is one piece of Berkshire's $26 billion takeover of Burlington Northern Santa Fe...
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People Daily (Free subscription) | 11/05/2009
Warren Buffett's Berkshire Hathaway Inc will pay $26 billion to buy out Burlington Northern Santa Fe Corp in a bet the nation's largest rail company will benefit from a recovering US economy. The deal, announced on Tuesday, is the billionaire investor's biggest-ever acquisition and may prompt him to sell some of his other investments, which include a wide range of companies from Coca-Cola Co to General...
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PR News Wire (Free subscription) | 11/04/2009
WILMERDING, Pa., Nov. 4 /PRNewswire-FirstCall/ -- Wabtec Corporation (NYSE: WAB) said its Vapor Rail unit has signed a contract valued at about $30 million to supply electric, sliding plug doors for 440 subway cars to be built by Hyundai Rotem for the Marmaray project in Istanbul, Turkey. The doors will be delivered beginning in 2010, with the order expected to be completed in 2012.
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Market Wire (Free subscription) | 11/04/2009
NEW DELHI, INDIA (MARKET WIRE) Wallstsense.com is an online community with a dedicated team of analysts who are providing free in-depth research on North American equities. Our analysts have issued complimentary analysis on the following six companies: Kansas City Southern (NYSE: KSU), Allied Capital Corporation (NYSE: ALD), KB Home (NYSE: KBH), J. Crew Group Inc. (NYSE: JCG), Charles River Laboratories...
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libcon | 11/27/2008
So the Big Three auto companies sent their CEOs in private corporate jets to Washington D.C. to beg for taxpayer money. That’s nice, who cares, did we think they would commute on Amtrak? Politicians used the opportunity to embarrass and ridicule the corporate executives. What politicians say and do are two different things and the word “perk” is what public servants get, in addition to their immense...
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jonesboyz | 09/14/2008
Issue: A crash between a Metrolink train and a Union Pacific Railroad train Friday in Chatsworth claims at least 23 live and injures many. What was the quality of the response from the Media and the City? A press conference was held at 11am Saturday morning by Governor Schwarzenegger and Mayor Villaraigosa. Hear it courtesy KNX1070.com here. This crash, while a difficult and emotional situation for