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It's Not Time To Buy Railroads: Union Pacific, Norfolk Southern Cut At Barclays

2015-10-05 14:58:38| Railroads - Topix.net

Union Pacific Corporation shares are down 24 percent year-to-date, while shares of Norfolk Southern Corp. have plunged 29 percent over the same period. Barclays' Brandon R. Oglenski downgraded the ratings for the companies, citing high inventory levels, contracting energy capex and a strong US dollar.

Tags: time buy cut union

 

Monday Sector Leaders: Railroads, Credit Services & Lending Stocks

2015-09-22 16:51:38| Railroads - Topix.net

In trading on Monday, railroads shares were relative leaders, up on the day by about 1.3%. Leading the group were shares of Canadian National Railway Company , up about 2.3% and shares of Canadian Pacific Railway up about 1.7% on the day.

Tags: services credit monday sector

 
 

Jeff Reeves's Strength in Numbers: Warren Buffett and Bill Gates like railroads, and you should too

2015-09-17 12:17:44| Railroads - Topix.net

Railroad stocks have been in a steep decline so far this year, with major U.S. operators running off the tracks. But decent dividends, bargain valuations after the selloff, and the hope of a continued recovery for the U.S. economy may hint at a buying opportunity for long-term investors looking to take a position in rail stocks now.

Tags: you should too bill

 

Tuesday Sector Leaders: Railroads, Oil & Gas Exploration & Production Stocks

2015-09-16 06:50:32| Railroads - Topix.net

In trading on Tuesday, railroads shares were relative leaders, up on the day by about 2%. Leading the group were shares of Genesee & Wyoming , up about 5.1% and shares of Norfolk Southern Corporation up about 1.6% on the day.

Tags: production tuesday gas oil

 

As safety deadline looms, railroads look to Congress to avert shutdown

2015-09-12 05:04:52| Railroads - Topix.net

The nation's freight railroads, commuter lines like Metra, and Amtrak are facing a potential service crisis Dec. 31. The railroads insist they're not to blame, but critics say the warning signals were ignored for years. Ever since two serious Metra derailments in 2003 and 2005, the latter of which killed two passengers and cost millions in lawsuits, federal safety investigators have called for the commuter rail agency to install a high-tech safety system known as Positive Train Control.

Tags: to safety congress deadline

 

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