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