railroad
| 8:00AM 4/22/2011
Railroad stocks are poised for resurgence despite Wednesday%u2019s post-earnings slips for Union Pacific and CSX. The fundamentals for the industry are solid -- and that includes other railroad operators like Kansas City Southern and Norfolk Southern.
| 3:29PM 9/29/2010
The third largest U.S. railroad operator CSX announced Wednesday it would boost its quarterly dividend by 8%, from 24 cents to 26 cents, returning more of its earnings to shareholders.
| 7:14PM 9/13/2010
America's railways are the circulatory system of the economy, so any evidence that points to rail's recovery is a good sign for the future. Happily, a new report suggests rail freight shipments are gaining momentum.
| 3:26PM 9/13/2010
Berkshire Hathaway CEO Warren Buffett says that a second, near-term recession in the U.S. is unlikely. Buffett, one of the most successful investors in the world, also says his companies have boosted hiring over the past couple of months.
| 5:00PM 7/12/2010
Railway operator CSX said second-quarter profit increased 47% or $414 million from the previous quarter. CSX had predicted a 96 cents a share increase, but exceeded expectations with the $1.07 a share increase. Revenue rose 22%, pushed by an improving economy and higher prices.
| 4:25PM 11/30/2009
Investors who felt left at the station after Warren Buffett bought out the part of Burlington Northern Santa Fe (BNI) railroad he didn't already own might just have an under-the-radar transportation play of their own. Tiny RailAmerica (RA) not only enjoys the same economic tailwinds at its caboose...
| 10:00AM 11/04/2009
If the Sage of Omaha is truly an oracle of future returns and a leading indicator for where the market is going, it's hard not to think that U.S. carbon emissions will continue to grow apace and that the budding green revolution will be more bang than bucks.
Why? On Tuesday, Buffett paid a hefty...
| 10:01AM 11/03/2009
Warren Buffett likes railroad stocks. One of his largest positions has been in Burlington Northern Santa Fe (BNI). It turns out that he likes the company so much that his Berkshire Hathaway (BRK.A) will buy the 77.4 percent of Burlington Northern that it does not already own. And at a price of $100...
| 10:02AM 10/30/2008
Out of the blue, Amtrak has decided to allow Americans in on the big rail pass scheme that's usually offered only to international visitors. We don't know why (we don't even know when Amtrak will arrive at the station, so how could we know about its business practices?), but the loosening of the...