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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.
Norfolk Southern Corp. Given "Hold" Rating at Citigroup Inc.
2015-10-03 14:47:03| Railroads - Topix.net
's stock had its "hold" rating reaffirmed by analysts at Citigroup Inc. in a note issued to investors on Friday, Market Beat Ratings reports. Norfolk Southern Corp. traded up 2.17% during midday trading on Friday, hitting $79.01.
Tags: inc
rating
hold
southern
Ignore Goldman Sachs And Sell Kansas City Southern
2015-10-02 16:13:10| Railroads - Topix.net
Railroads transport everything from industrial materials to consumer products to metals and minerals. In many respects they are a harbinger of economic activity.
Tags: city
sell
southern
kansas
Kansas City Southern invests $7.5M in rail maintenance, safety
2015-10-02 06:41:24| Railroads - Topix.net
Kansas City Southern , Kansas City, Mo., and its principal U.S. subsidiary, The Kansas City Southern Railway Co. , announced plans to invest approximately $7.5 million in 2015 on construction and improvement projects on its Aberdeen Branch between West Point and Aberdeen, Miss., and its Tuscaloosa subdivision between Artesia and Columbus, Miss.
Tags: city
safety
maintenance
southern
Exxon Mobil to sell troubled Southern California refinery
2015-10-01 00:00:39| Oil & Gas - Topix.net
The oil giant and PBF Energy Inc. announced Wednesday that the sale of the Torrance plant is expected to close next year. The shutdown led to a shortage of gasoline that meets California's stricter pollution regulations and led to higher prices at the pump for drivers in the Golden State.
Tags: sell
california
southern
mobil
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