NEW YORK, August 22, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Union Pacific Corporation (NYSE: UNP), Norfolk Southern Corp. (NYSE: NSC), Kansas City Southern (NYSE: KSU), Westinghouse Air Brake Technologies Corporation (NYSE: WAB) and Genesee & Wyoming Inc. (NYSE: GWR). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Union Pacific Corporation Research Report
On August 8, 2013, Union Pacific Corp.'s principal operating company, Union Pacific Railroad (Union Pacific) announced that it will invest $10.5 million in the rail line between Allerton, Iowa, and Lock Springs, Mo., in an effort to strengthen transportation infrastructure in Iowa and Missouri. "Union Pacific helps link businesses with consumers, suppliers and markets across the nation and around the world," said Donna Kush, Union Pacific vice president - Public Affairs, Northern Region. "In addition to helping move customers' goods more safely and efficiently, our investments support communities by reducing traffic congestion, facilitating industrial development and, promoting economic expansion." The Company informed that the project is scheduled to be completed by the latter part of October 2013. The Full Research Report on Union Pacific Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/2c77_UNP]
Norfolk Southern Corp. Research Report
On August 16, 2013, Norfolk Southern Corp. (Norfolk Southern) announced that its Birmingham Regional Intermodal Facility at McCalla, Ala. has received a certification from the U.S. Green Building Council for meeting the standards of Leadership in Energy and Environmental Design (LEED). Blair Wimbush, Norfolk Southern's Vice President -Real Estate and Corporate Sustainability Officer said, "LEED certification of our new McCalla intermodal building, along with other design features of this and other facilities on our Crescent Corridor rail improvement project, underscores Norfolk Southern's commitment to a sustainable business strategy benefiting our customers and the communities we serve." The Full Research Report on Norfolk Southern Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/acd0_NSC]
Kansas City Southern Research Report
On August 6, 2013, Kansas City Southern (KCS) announced that its Board of Directors has approved a regular dividend of $0.25 per share on the outstanding 4% non-cumulative preferred stock. KCS informed that the dividend will be payable on October 1, 2013 to preferred stockholders of record on September 9, 2013. Further, the Company reported that its Board has also declared a regular dividend of c.$0.22 per share on the outstanding KCS common stock, payable on October 2, 2013, to common stockholders of record on September 9, 2013. The Full Research Report on Kansas City Southern - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/4551_KSU]
Westinghouse Air Brake Technologies Corporation Research Report
On July 30, 2013, Westinghouse Air Brake Technologies Corporation (Wabtec) announced its acquisition of Turbonetics Holdings, Inc. (Turbonetics), a manufacturer of turbochargers and related components for various industrial markets. Albert J. Neupaver, Chairman and CEO at Wabtec, said: "With its technology focus and strong aftermarket presence, Turbonetics is a good fit for Wabtec and a strategic complement to our recently acquired Napier Turbocharger business. Together, they can leverage their strong engineering and technical capabilities, and their complementary product lines should enable both companies to expand in existing and new markets. We also expect to use Wabtec's global presence to create new opportunities for Turbonetics' products." The Company expects the transaction to be accretive in the first year. The Full Research Report on Westinghouse Air Brake Technologies Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/897f_WAB]
Genesee & Wyoming Inc. Research Report
On August 13, 2013, Genesee & Wyoming Inc. (G&W) reported its traffic volumes for the month of July 2013. G&W's traffic in July 2013 totaled 165,072 carloads, reflecting a growth 104.2% YoY. According to the Company, its metals traffic for the month increased 32.4% YoY to 15,974 carloads, primarily in Ohio Valley, Northeast and Southern regions due to increased shipment volumes in all three regions. Besides, its agricultural products traffic recorded an increase of 11.5% YoY to 21,487 carloads in July 2013, primarily due to increased shipments in Australia and Midwest regions. Also, its Metallic Ores traffic increased 36.8% YoY to 6,900 carloads, primarily due to higher iron ore shipments in Australia Region. The Company further reported that its Minerals & Stone traffic increased 8.9% YoY to 19,743 carloads primarily due to growing rock salt shipments in G&W's Northeast Region. The Full Research Report on Genesee & Wyoming Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/c822_GWR]
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco@EquityNewsNetwork.com.
- For any urgent concerns or inquiries, please contact us at compliance@EquityNewsNetwork.com.
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research@EquityNewsNetwork.com for consideration.
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through Chartered Financial Analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
SOURCE Analysts' Corner
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here