NEW YORK, April 30, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding United Parcel Service, Inc. (NYSE: UPS), Westinghouse Air Brake Technologies Corporation (NYSE: WAB), Greenbrier Companies (NYSE: GBX), Canadian National Railway Company (NYSE: CNI) and American Railcar Industries, Inc. (NASDAQ: ARII). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/1799-100free.
United Parcel Service, Inc. Analyst Notes
On April 24, 2014, United Parcel Service, Inc. (UPS) reported that the Company was notified by the International Brotherhood of Teamsters (IBT) that the Master Agreement between the Company and the International Brotherhood of Teamsters (IBT) was approved for implementation effective April 25, 2014 for all UPS employees covered by the Agreement. According to the Company, key elements of the agreement include: Competitive wage and benefit increases over the 5-year term of the agreement with a new base wage for part-time employees of $10 per hour; Transition of Teamster-represented employees from UPS-sponsored health care plans to multi-employer health care plans; the contract is effective from August 1, 2013 to July 31, 2018 and applicable retroactive benefits payments will be made to employees within 30 days. The full analyst notes on UPS are available to download free of charge at:
Westinghouse Air Brake Technologies Corporation Analyst Notes
On April 23, 2014, Westinghouse Air Brake Technologies Corporation (Wabtec) reported its Q1 2014 financial results with sales of $695.2 million, up 13.0% YoY. Income from operations totaled $121.8 million, which is 17.5% of sales compared with 16.8% of sales in Q1 2013. Net income reported at $80.1 million or $0.83 per diluted share compared with $69.6 million or $0.72 per diluted share in Q1 2013. Albert J. Neupaver, Wabtec's Chairman and CEO, said, "We continue to benefit from investment in freight rail and passenger transportation projects around the world, and our diverse business model provides a framework for future growth. We will remain focused on executing our strategic growth initiatives, and on rigorous application of the Wabtec Performance System to drive productivity and cost improvements." Wabtec affirmed its 2014 guidance for earnings per diluted share to be approximately $3.45, with revenue growth of 15% YoY for the full-year 2014. The full analyst notes on Wabtec are available to download free of charge at:
Greenbrier Companies Analyst Notes
On April 24, 2014, Greenbrier Companies (Greenbrier) announced that it is fully supporting the Canadian Government's rail safety measures, specifically the safe movement of hazardous materials by rail. William A. Furman, Chairman and CEO of Greenbrier remarked, "We are encouraged that Transport Canada has taken critical next steps to support the safe passage of dangerous goods. These are important standards for North America and we applaud the Government of Canada for its leadership in implementing them." Greenbrier stated that in February 2014 it announced "Tank Car of the Future", a safer design for crude oil and ethanol service and the transport of other hazardous materials. According to Greenbrier, this new design addresses safety concerns and meets new industry and government standards for the transport of hazardous materials. The full analyst notes on Greenbrier are available to download free of charge at:
Canadian National Railway Company Analyst Notes
On April 22, 2014, Canadian National Railway Company (CN) reported its Q1 2014 financial results. Revenues grew 9.2% YoY to CAD 2.7 billion. Net income totaled CAD 623 million or, CAD 0.75 per diluted share compared to CAD 555 million, or CAD 0.65 per diluted share in Q1 2013. Claude Mongeau, President and CEO, said, "CN delivered solid first-quarter results thanks to a dedicated team of railroaders who labored long and hard to keep us rolling through the harshest winter in decades. The winter of a lifetime took its toll on network capacity and affected all of our customers, but I'm pleased that CN's recovery is now well underway, with key safety, operating and service metrics returning to pre-winter levels." The Company reaffirmed its 2014 financial guidance with double-digit EPS growth in 2014 over adjusted diluted 2013 EPS of CAD3.06. The full analyst notes on CN are available to download free of charge at:
American Railcar Industries, Inc. Analyst Notes
On April 16, 2014, American Railcar Industries Inc. (ARI) announced that it intends to release its Q1 2014 financial results after the close of business on April 30, 2014 which will be available on the Investor Relations page at the Company's website. The Company informed that it will also host a conference call on May 1, 2014 at 10:00 a.m. ET to report its Q1 2014 financial results. ARI stated that the call and its replay will be available through the Company's website. The full analyst notes on ARI are available to download free of charge at:
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