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CSX: Cash Flows Do Not Support Valuation

2015-10-14 10:19:40| Railroads - Topix.net

The stock is trading at a ridiculous premium relative to free cash flow and has net debt of $9.14 billion, roughly 1/3 of the current market cap. The company does have several avenues to explore growth through, and margins are healthily expanding despite a precipitous fall-off in revenue due to weakness in coal and crude exports.

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Modular 'Blocks' Smartwatch Rakes in the Kickstarter Cash

2015-10-14 01:20:15| Wireless - Topix.net

From Acer to Google , a number of big firms are experimenting with modular tech. But the latest is a London-based start-up that recently secured $250,000 on Kickstarter to build a modular smartwatch.

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US Cash Hog Prices to Decline in 2016

2015-10-13 02:00:00| ThePigSite - Industry News

ANALYSIS - Friday’s USDA World Agricultural Supply and Demand Estimates (WASDE) report indicated production will be up and cash prices will slide lower in 2016.

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Experts: Cash infusion helps NY transit but isn't cure-all

2015-10-13 00:18:26| Railroads - Topix.net

A $29 billion infusion into the city's transportation network, brokered during a political fight that threatened commuters, likely will still leave the nation's largest regional transportation network lagging behind modern systems across the globe but will provide repairs and upgrades needed to keep pace with booming ridership, transit experts said. The Metropolitan Transportation Authority's five-year modernization plan now has funding for scores of improvements, including more than 1,000 new subway cars, more real-time countdown clocks, better signals that lead to faster service and more than 80 miles of track repair, including some to rails damaged by Superstorm Sandy in 2012.

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Experts: Cash Infusion Would Aid NYC Transit, Isn't Cure-All

2015-10-12 23:14:45| Railroads - Topix.net

Transit experts say a planned $29 billion infusion into New York City's transportation network will help but not completely overhaul the massive system. A deal was brokered over the weekend that includes $2.5 billion from the city and $8.3 billion from the state.

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