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The Latest Breaking News from CSX

2 Railroad Stocks to Catch a Ride on in Q4

Rebounding travel and tourism, the rising need for freight transportation services, and rapid investments in railroads are expected to help this industry grow leap and bounds over the coming years. Therefore, investors should consider investing in quality railroad stocks CSX Corporation (CSX) and Norfolk Southern (NSC) now. Moreover, these stocks…

StockNews.com

1 Railroad Stocks to Help Keep Your Portfolio Chugging Along

Leading transportation company CSX Corporation (CSX) reported impressive third-quarter results marked by solid earnings growth. Moreover, the company has immense potential for growth over the long run, driven by its strategic initiatives and strong freight demand outlook. Thus, investors should add this quality railroad stock to their portfolios. Read on….

StockNews.com

Get in on This Railroad Stock Before It Leaves the Station

Railroad company CSX Corporation’s (CSX) financials surpassed analyst estimates in the third quarter, defying market uncertainties. Moreover, Wall Street analysts expect the stock to grow more than 10% in the near term. Hence, investors should not delay investing in this railroad stock. Read on….

StockNews.com

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$380 million flyover project expected to ease rail congestion

Planners hope a new rail bridge will resolve one of the largest chokepoints for passenger and freight rail traffic in the nation.

Chicago Sun-Times

These 2 Stocks Will Be Winners Over the Long Term

Inflation came in more than expected in September, raising the chances of a fourth 75-bps rate hike by the Fed at the year-end. The Fed’s aggressive rate hikes are leading the economy to a recession. However, investors should focus on long-term strategies to offset the current situation. We think fundamentally…

StockNews.com

Southwest Side mom prevails in fight over lead paint on viaduct

Rail operator CSX agreed to clean up passageways after Alejandra Frausto warned three years ago that falling paint is a threat to children.

Chicago Sun-Times

3 Cheap Stocks to Buy for a Quick Buck

The Fed is expected to continue hiking interest rates aggressively until inflation comes under control. Although the central bank’s hawkish stance is raising recession worries, some believe there are chances of achieving a soft landing. Given the uncertainties, investing in quality stocks trading at low prices could be rewarding. Fundamentally…

StockNews.com

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Benzinga's Top Ratings Upgrades, Downgrades For September 28, 2022

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Benzinga

4 Railroad Stocks to Get in on Before the Crowd

Increasing government assistance, rebounding travel demand, and rising need for freight transportation services are assisting the railroad industry in its recovery from pandemic-led setbacks. Therefore, investors could consider investing in quality railroad stocks Union Pacific (UNP), Canadian National Railway (SNI), CSX Corporation (CSX), and Norfolk Southern (NSC) to capitalize on…

StockNews.com

Benzinga's Top Ratings Upgrades, Downgrades For September 27, 2022

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Benzinga

Rail Strike, 'Significant Damage' To Economy Derailed, Biden Announces

A rail strike which could have brought key shipments to a standstill, straining the high-inflation economy, seems to have been averted.

Investors Business Daily

Bernstein Downgrades CSX, Union Pacific As Amtrak Cancels Trains And Railroad Strike Looms

U.S. railroad companies could be just days away from a major strike that could cost the U.S. economy more than $2 billion per day. Strike or no strike, one analyst said Wednesday that railroad stocks have limited upside from current levels in a challenging environment.

Benzinga

Trading Railroad Stocks Amid the Potential Rail Strike

Railroad stocks are under pressure due to new worries over the threatened rail strike. Here's how to trade Union Pacific and CSX stock.

The Street

Nasdaq Leads Stock Market Higher; Wholesale Inflation Matches Estimates; Oil Stocks Surge

The stock market rallied Wednesday after Tuesday's drubbing. Rail stocks dropped as a strike deadline loomed.

Investors Business Daily

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Investors Business Daily

Rail Strike Could Start Friday, Just What The High-Inflation, Low-Growth Economy Doesn't Need

A rail workers strike could start Friday, bringing key shipments to a standstill, straining a low-growth, high-inflation economy.

The Street

A Potential Railway Strike Is Already Slamming the Economy

Just the potential of a nationwide railway strike is already hurting the economy as railways pause shipments of hazardous and security-sensitive materials.

StockNews.com

1 Railroad Stock You'll Regret Not Buying This Week

CSK Corporation (CSK) has seen record sales growth across all segments, owing to rising export activities. In addition, the company's continued strategic initiatives to boost its market reach should bode well for the stock. Given its robust profitability and growth attributes, we think the stock could be a great addition…

StockNews.com

Should You Buy, Sell or Hold CSX Stock at $32?

Shares of railroad operator CSX Corporation (CSX) are trading above their 50-day and 100-day moving averages, indicating an uptrend. Despite the uncertain macroeconomic environment, analysts expect the company’s revenue and earnings to rise this year. So, let’s evaluate if it’s worth adding the stock to one’s portfolio now….

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1 Railroad Stock U.S. Politicians Like to Trade

Large-cap Railroad company CSX Corp. (CSX) has seen an uptick in trading by U.S. politicians lately. However, the stock is down more than 15% this year. Let's discuss the stock’s prospects in detail….

Tribune News Service

‘I needed to know what happened’: A father’s quest to understand derailment that killed 2 young women in Ellicott City

BALTIMORE — One February day, he climbed onto the rail bed himself, with lengths of string to measure the curvature and tilt of the tracks.

StockNews.com

3 High-Quality Railroad Stocks That Are Buys Today

Rebounding travel demand and improving supply chains are helping the railroads sector to recover from the pandemic-led disruptions. Moreover, supportive federal policies are expected to boost the industry. Therefore, investors might consider buying high-quality railroad stocks, Canadian National Railway (CNI), CSX Corporation (CSX), and Westinghouse Air Brake Technologies (WAB) now.…

Chicago Sun-Times

Southwest Side mom furious after city blasts lead paint on viaduct with water

City says Ald. Silvana Tabares ordered the power wash. Viaducts along Central Park between 63rd and 67th streets have high levels of toxic lead, testing shows.

Benzinga

What's In Store For Grindrod Shipping (GRIN) In Q2 Earnings?

Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) is scheduled to release second-quarter 2022 earnings on Aug 17, after market close. The Zacks Consensus Estimate for second-quarter earnings has remained stable at $1.43 over the past 60 days.

Benzinga

Synopsys (SNPS) To Report Q3 Earnings: What's In Store?

Synopsys (NASDAQ: SNPS) is slated to report third-quarter fiscal 2022 results on Aug 17.

Benzinga

Wabtec (WAB) Beats Q2 Earnings Estimates, Ups 2022 EPS View

Westinghouse Air Brake Technologies Corporation, operating as Wabtec Corporation (NYSE: WAB), reported mixed second-quarter 2022 results wherein earnings surpassed the Zacks Consensus Estimate but revenues missed the same.

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