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Growth Strategies, Strategic Alliances, Sustainability Reports, Acquisitions and Option to Purchase Additional Shares - Research Report on CSX Corp, Trinity, Canadian National, Golar LNG, and Nordic


News provided by

Analysts' Corner

Dec 12, 2013, 08:00 ET

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NEW YORK, December 12, 2013 /PRNewswire/ --

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

Today, Analysts' Corner announced new research reports highlighting CSX Corp. (NYSE: CSX), Trinity Industries Inc. (NYSE: TRN), Canadian National Railway Company (NYSE: CNI), Golar LNG Partners LP (NASDAQ: GMLP), and Nordic American Tankers Limited (NYSE: NAT). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

CSX Corp. Research Report

On November 22, 2013, CSX Corp. (CSX) reported that the Company's Vice President and Chief Transportation Officer, Cindy Sanborn, in her statement at the RailTrends annual conference in New York City, said that a stronger focus on customer collaboration and improved utilization of key resources such as locomotives and rail cars are contributing to the company's ability to respond effectively to market changes. Sanborn said, "Growth in our merchandise and intermodal sectors - the most service-sensitive parts of our business - means that the dual goal of focusing on asset utilization while gathering customer feedback is imperative to continue delivering the high levels of service to which they are accustomed." According to the Company, CSX's dynamic resource planning model, which improves the capability to deploy locomotives and rail cars, has helped drive ongoing productivity savings. Additionally, CSX is creating value through programs like Service Excellence, which emphasizes customer engagement and service execution at all levels of the organization. The Full Research Report on CSX 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/cc8a_CSX

Trinity Industries Inc. Research Report  

On December 9, 2013, Bloomberg reported that Trinity Industries Inc.'s (Trinity) wholly-owned subsidiary, Trinity Rail Asset Management Company, LLC, has entered into a strategic alliance with Element Financial Corporation (Element) to develop a diversified portfolio of up to $2 billion of leased railcars. According to the Company, under the terms of the multi-year program agreement, Element will acquire a portfolio of leased railcars primarily consisting of new railcars manufactured by Trinity Rail Group, LLC, existing railcars from Trinity Industries Leasing Company and secondary market purchases identified by TRAMCo and Element. D. Stephen Menzies, Trinity's Senior Vice President and the Group President responsible for Trinity's railcar manufacturing and leasing businesses, said, "We are excited to form this strategic alliance with Element, which shares Trinity's long-term view regarding the attractive nature of investing in leased railcars. Aligning Trinity's expertise in railcar leasing and management services with Element's proven leadership and committed financial resources is an ideal strategic combination. This alliance complements our other funding vehicles and further enhances Trinity's financial resources and flexibility to grow our railcar leasing platform." The Full Research Report on Trinity Industries 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/39ee_TRN

Canadian National Railway Company Research Report

On December 4, 2013, Canadian National Railway Company (CN) announced the availability of its 2013 Investor Fact Book and Delivering Responsibly sustainability report on the Company's website. According to the Company, the Investor Fact Book is a comprehensive source of information about CN, its franchise and business model that profiles the Company's strategic agenda, North American network and operations, markets and financial performance in a concise, readable format. CN further added that the Delivering Responsibly report highlights its strategy, programs and achievements in the areas of corporate governance, safety, people, community involvement and environmental stewardship. The Full Research Report on Canadian National Railway Company - 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/5671_CNI

Golar LNG Partners LP Research Report

On December 5, 2013, Golar LNG Partners LP (Golar LNG) announced that it has entered into an agreement to acquire the ownership interests in the Company that will own and operate the Golar Igloo, a floating storage and regasification unit from Golar LNG Limited for an aggregate purchase price of $310.0 million. According to the Company, Golar LNG estimates that the Golar Igloo acquisition will generate annual contracted revenues, after deducting voyage, commission and operating expenses relating to the Golar Igloo, of $32.0 million to $34.0 million. Golar LNG expects the Golar Igloo acquisition to be an accretive transaction, consistent with the Company's growth strategy. The Full Research Report on Golar LNG Partners LP - 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/22d3_GMLP

Nordic American Tankers Limited Research Report

On December 9, 2013, Nordic American Tankers Limited (Nordic American Tankers) announced that the underwriters exercised a portion of the option granted to them by the Company and will purchase an additional 1,018,750 common shares on the same terms on which the 8,125,000 common shares were sold to the underwriters. According to the Company, the announcement was made in connection with its previously announced public offering of 8,125,000 common shares at a public offering price of $8.00 per share. The Company expects to close the sale of additional common shares on or about December 11, 2013, subject to customary closing conditions. The Full Research Report on Nordic American Tankers Limited - 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/0ee2_NAT

EDITOR 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 fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. 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 [email protected].
  5. For any urgent concerns or inquiries, please contact us at [email protected].
  6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] 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 Equity News Network. An outsourced research services provider represented by Nidhi Vatsal, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network 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

Equity News Network 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

Equity News Network 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 Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network 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.

http://www.analystscorner.com

SOURCE Analysts' Corner

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