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Agreements, Earnings Results, Rail Safety Measures, and Conference Call Schedules - Analyst Notes on UPS, Wabtec, Greenbrier, CN and ARI

Editor Note: For more information about this release, please scroll to bottom


News provided by

Analysts Review

Apr 30, 2014, 08:00 ET

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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:

http://www.analystsreview.com/1799-UPS-30Apr2014.pdf

--
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:

http://www.analystsreview.com/1799-WAB-30Apr2014.pdf

--
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:

http://www.analystsreview.com/1799-GBX-30Apr2014.pdf

--
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:

http://www.analystsreview.com/1799-CNI-30Apr2014.pdf

--
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:

http://www.analystsreview.com/1799-ARII-30Apr2014.pdf

--
About Analysts Review
We do things differently. Our goal is to provide the best content to our exclusive membership. We are constantly hiring researchers, writers, editors and analysts to add to our team and become better than yesterday. If being a part of a fast growing community with an edge in today's market sounds interesting to you, then sign-up today and experience the full benefits of membership.


===============
EDITOR'S NOTES:
===============

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. 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.

4. 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 [at] http://www.analystsreview.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.analystsreview.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.analystsreview.com for consideration.

COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review 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
Analysts Review 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
Analysts Review 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 Analysts Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Analysts Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Analysts Review 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.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

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