NEW YORK, November 15, 2016 /PRNewswire/ --
Stock-Callers.com revisits the Railroads industry which includes companies that operate railroad tracks or trains, as well as transport cargo or passengers. These operators are generally stable and established, and offer below-average dividend yields. Equities in today's lineup are Kansas City Southern (NYSE: KSU), Canadian National Railway Co. (NYSE: CNI), Westinghouse Air Brake Technologies Corp. (NYSE: WAB), and Canadian Pacific Railway Ltd (NYSE: CP). These stocks research reports can be downloaded now by simply registering for free at:
Kansas City Southern
On Monday, shares in Kansas City Southern recorded a trading volume of 2.81 million shares, which was above their three months average volume of 1.60 million shares. The stock ended the session 3.72% higher at $85.10. The Company's shares have gained 15.22% on an YTD basis. The stock is trading 5.27% below its 200-day moving average. Moreover, shares of Kansas City Southern, which through its subsidiaries, provides freight rail transportation services, have a Relative Strength Index (RSI) of 42.51.
On November 09th, 2016, research firm Bank of America/ Merrill downgraded the Company's stock rating from 'Buy' to 'Neutral'.
The Company's Board of Directors on November 10th, 2016 declared a regular dividend of $0.33 per share on its outstanding common stock. This dividend is payable on January 18th, 2017, to common stockholders on record as on December 30th, 2016. Your complete research report on KSU can be retrieved for free at:
Canadian National Railway
Canadian National Railway Co.'s stock closed the day 0.79% higher at $63.75. A total volume of 1.77 million shares was traded, which was above their three months average volume of 944,650 shares. Shares of the Company, which engages in rail and related transportation business, have advanced 0.94% in the previous three months and 15.70% since the start of this year. The stock is trading 4.31% above its 200-day moving average. Additionally, shares of Canadian National Railway have an RSI of 49.47.
On October 28th, 2016, research firm Seaport Global Securities initiated a 'Neutral' rating on the Company's stock, issuing a target price of $64 per share.
On November 02nd, 2016, the Company announced that it will repurchase common shares under a specific share repurchase program. The purchase will form part of the Normal Course Issuer Bid for up to 33 million shares announced on October 25th, 2016. The company will enter into an agreement with a third party to repurchase common shares through daily purchases that will take place on November 07th, 2016 to December 23rd, 2016, subject to a maximum of 2,723,662 common shares. CNI free report is just a click away at:
Westinghouse Air Brake Technologies
Shares in Pennsylvania headquartered Westinghouse Air Brake Technologies Corp. recorded a trading volume of 747,655 shares, and ended yesterday's trading session 2.13% higher at $87.23. The stock has advanced 8.06% in the past month, 20.32% over the previous three months, and 23.27% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 10.80% and 15.95%, respectively. Furthermore, shares of the company, doing business as Wabtec Corporation, provides technology-based equipment and services for the freight rail and passenger transit vehicle industries worldwide, have an RSI of 72.90.
On October 26th, 2016, research firm Longbow downgraded the Company's stock rating from 'Buy' to 'Neutral'.
As per notes filed with the SEC, on November 03rd, 2016, the Company completed its offering and sale of $750.0 million aggregate principal amount of its 3.450% Senior Notes due 2026. The Senior Notes were issued pursuant to the Base Indenture, as supplemented by the Second Supplemental Indenture and the Third Supplemental Indenture, dated November 03rd, 2016, by and among the Company, the Guarantors and the Trustee. Sign up for your complimentary research report on WAB at:
Canadian Pacific Railway
Calgary headquartered Canadian Pacific Railway Ltd's stock finished Monday's session 0.59% lower at $142.69. A total volume of 1.09 million shares was traded, which was higher than their three months average volume of 717,570 shares. The Company's shares have advanced 12.69% since the start of this year. The stock is trading above its 200-day moving average by 3.27%. Additionally, shares of Canadian Pacific Railway, which together with its subsidiaries, operates a transcontinental railway in Canada and the US, have an RSI of 43.91.
On October 24th, 2016, research firm Seaport Global Securities initiated a 'Buy' rating on the Company's stock, issuing a target price of $165 per share.
On November 10th, 2016, Canadian Pacific provided notice to the Teamsters Canada Rail Conference that it will be seeking changes by Transport Canada that would reduce by a third the maximum permissible hours that its Canadian-based running trades employees can spend at the controls of a train. Register for free on Stock-Callers.com and download the latest research report on CP at:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
SC, the Author, and the Reviewer are 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 whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do 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.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA