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]
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