Stock Market News for June 09, 2016
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 9:10AM CDT
Benchmarks finished in the green on Wednesday following a weaker dollar and rally in oil prices
MMM: 168.56 (-1.57), NSC: 84.09 (-1.51), GE: 30.04 (-0.20), NUE: 50.50 (-0.05), RTN: 136.66 (+0.05), UNH: 139.24 (-1.44), FCX: 10.36 (-0.54), CSX: 26.78 (-0.27), BA: 131.14 (-1.96), LULU: 70.54 (-1.78), UPS: 104.52 (-0.45), AA: 9.49 (-0.35), CHK: 4.42 (-0.46), PX: 113.73 (+0.29), PPG: 109.24 (-1.19)
Technical Coverage on Railroads Stocks -- Trinity Industries, Norfolk Southern, Canadian Pacific Railway, and Westinghouse Air Brake Technologies
PR Newswire - Thu Jun 09, 7:35AM CDT
On Wednesday, June 08, 2016, the NASDAQ Composite ended the trading session at 4,974.64, up 0.26%; the Dow Jones Industrial Average advanced 0.37% to finish at 18,005.05; and the S&P 500 closed at 2,119.12, up 0.33%. The gains were broad based as all the sectors ended the session in positive. ActiveWallSt.com has initiated coverage on the following equities: Trinity Industries Inc. (NYSE: TRN), Norfolk Southern Corporation (NYSE: NSC), Canadian Pacific Railway Ltd (NYSE: CP), and Westinghouse Air Brake Technologies Corporation (NYSE: WAB). Learn more about these stocks by accessing their free trade alerts at:
NSC: 84.09 (-1.51), TRN: 18.23 (-0.62), WAB: 75.13 (-1.91), CP: 129.94 (-4.21)
After Yesterday's Rally of 2.93% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Wed Jun 08, 1:40PM CDT
Norfolk Southern (NYSE:NSC) traded in a range yesterday that spanned from a low of $83.67 to a high of $86.69. Yesterday, the shares gained 2.9%, which took the trading range above the 3-day high of $84.78 on volume of 842,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
NSC: 84.09 (-1.51)
SmarTrend Watching for Potential Pullback in Shares of Norfolk Southern After 2.93% Gain
Comtex SmarTrend(R) - Wed Jun 08, 1:39PM CDT
Norfolk Southern (NYSE:NSC) traded in a range yesterday that spanned from a low of $83.67 to a high of $86.69. Yesterday, the shares gained 2.9%, which took the trading range above the 3-day high of $84.78 on volume of 842,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
NSC: 84.09 (-1.51)
Norfolk Southern to present at Citi 2016 Industrials Conference on June 15
PR Newswire - Wed Jun 08, 11:27AM CDT
Norfolk Southern Corp. (NYSE: NSC) Executive Vice President and Chief Financial Officer Marta R. Stewart will make a presentation at the Citi 2016 Industrials Conference.
NSC: 84.09 (-1.51)
Derailment in Oregon Raises Question on Rail Safety
Zacks Equity Research - Zacks Investment Research - Tue Jun 07, 3:34PM CDT
Safety issues associated with the transportation of crude oil via train have been inviting speculations for long.
NSC: 84.09 (-1.51), CNI: 59.19 (-1.02), DAL: 42.04 (-0.36), KSU: 88.50 (-1.68), AAL: 33.14 (-0.26), CSX: 26.78 (-0.27), UNP: 88.78 (-0.61)
Tradepoint Atlantic and Pasha Automotive Services Sign Agreement for Sparrows Point Operations
BusinessWire - Tue Jun 07, 9:00AM CDT
Tradepoint Atlantic, a 3,100-acre multimodal industrial site in Baltimore, Maryland, that features a unique combination of access to deepwater berths, railroads and highways, today announced that Pasha Automotive Services, a subsidiary of The Pasha Group, a global logistics and transportation company, has signed a lease to launch automobile processing operations at Tradepoint Atlantic.
NSC: 84.09 (-1.51)
Look for Shares of Norfolk Southern to Potentially Rebound after Yesterday's 1.76% Sell Off
Comtex SmarTrend(R) - Wed Jun 01, 2:13PM CDT
Norfolk Southern (NYSE:NSC) traded in a range yesterday that spanned from a low of $81.79 to a high of $83.41. Yesterday, the shares fell 1.8%, which took the trading range below the 3-day low of $82.85 on volume of 541,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
NSC: 84.09 (-1.51)
After Yesterday's Decline of 1.76%, Norfolk Southern Offers Investors Better Value
Comtex SmarTrend(R) - Wed Jun 01, 2:12PM CDT
Norfolk Southern (NYSE:NSC) traded in a range yesterday that spanned from a low of $81.79 to a high of $83.41. Yesterday, the shares fell 1.8%, which took the trading range below the 3-day low of $82.85 on volume of 541,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
NSC: 84.09 (-1.51)
The Zacks Analyst Blog Highlights: Norfolk Southern, Kansas City Southern, Union Pacific, Canadian National Railway and CSX
Zacks Equity Research - Zacks Investment Research - Tue May 24, 8:30AM CDT
The Zacks Analyst Blog Highlights: Norfolk Southern, Kansas City Southern, Union Pacific, Canadian National Railway and CSX
NSC: 84.09 (-1.51), CNI: 59.19 (-1.02), KSU: 88.50 (-1.68), CSX: 26.78 (-0.27), UNP: 88.78 (-0.61)
Earnings Beat Galore at Railroads, Coal Still a Drag
Zacks Equity Research - Zacks Investment Research - Mon May 23, 12:07PM CDT
Many companies in the railroad space beat on earnings in the first quarter.
NSC: 84.09 (-1.51), CNI: 59.19 (-1.02), KSU: 88.50 (-1.68), CSX: 26.78 (-0.27), GWR: 63.15 (-1.46), UNP: 88.78 (-0.61)
The Zacks Analyst Blog Highlights: iShares Dow Jones Transportation Average Fund, SPDR S&P Transportation ETF, Southwest Airlines, Norfolk Southern and Delta Air Lines
Zacks Equity Research - Zacks Investment Research - Fri May 20, 8:30AM CDT
The Zacks Analyst Blog Highlights: iShares Dow Jones Transportation Average Fund, SPDR S&P Transportation ETF, Southwest Airlines, Norfolk Southern and Delta Air Lines
NSC: 84.09 (-1.51), XTN: 45.15 (-0.75), DAL: 42.04 (-0.36), IYT: 139.66 (-2.21), LUV: 43.63 (-0.56)
3 ETFs & Stocks to Fly High on Busy Summer Travel
Sweta Killa - Zacks Investment Research - Thu May 19, 9:52AM CDT
These ETFs and stocks stand to profit big time from the upbeat summer travel trend.
NSC: 84.09 (-1.51), XTN: 45.15 (-0.75), DAL: 42.04 (-0.36), JETS: 23.07 (-0.39), IYT: 139.66 (-2.21), LUV: 43.63 (-0.56)
Norfolk Southern to present at Wolfe Research 9th Annual Global Transportation Conference on May 24
PR Newswire - Wed May 18, 9:58AM CDT
Norfolk Southern Corp. (NYSE: NSC) Executive Vice President and Chief Financial Officer Marta Stewart will make a presentation at the Wolfe Research 9th Annual Global Transportation Conference.
NSC: 84.09 (-1.51)
CEO tells shareholders, 'It's a new page, new chapter, new book' for Norfolk Southern
PR Newswire - Thu May 12, 9:06AM CDT
In his first address to the annual meeting of shareholders, CEO James A. Squires said, "It's a new page, new chapter, new book for Norfolk Southern."
NSC: 84.09 (-1.51)
23.6% Return Seen to Date on SmarTrend Norfolk Southern Call (NSC)
Comtex SmarTrend(R) - Tue May 10, 1:57PM CDT
SmarTrend identified an Uptrend for Norfolk Southern (NYSE:NSC) on February 10th, 2016 at $72.67. In approximately 3 months, Norfolk Southern has returned 23.59% as of today's recent price of $89.81.
NSC: 84.09 (-1.51)
Norfolk Southern to present at Bank of America Merrill Lynch 2016 Transportation Conference on May 17
PR Newswire - Mon May 09, 7:45AM CDT
Norfolk Southern Corp. (NYSE: NSC) Executive Vice President and Chief Marketing Officer Alan H. Shaw will make a presentation at the Bank of America Merrill Lynch 2016 Transportation Conference.
NSC: 84.09 (-1.51)
Uptrend Call Working As Norfolk Southern Stock Rises 22.9% (NSC)
Comtex SmarTrend(R) - Tue May 03, 1:26PM CDT
SmarTrend identified an Uptrend for Norfolk Southern (NYSE:NSC) on February 10th, 2016 at $72.67. In approximately 3 months, Norfolk Southern has returned 22.87% as of today's recent price of $89.29.
NSC: 84.09 (-1.51)