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Updates on Rail Safety and Security, Improved Credit Ratings and New Locomotive Contracts - Research Report on Union Pacific, Canadian Pacific, CN, Trinity and Wabtec

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


News provided by

Wall Street Reports

Jun 12, 2013, 08:00 ET

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

Today, Wall Street Reports announced new research reports highlighting Union Pacific Corporation (NYSE: UNP), Canadian Pacific Railway Limited (NYSE: CP), Canadian National Railway Company (NYSE: CNI), Trinity Industries Inc. (NYSE: TRN) and Westinghouse Air Brake Technologies Corporation (NYSE: WAB). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Union Pacific Corporation Research Report

On June 6, 2013, Union Pacific Corporation (Union Pacific) and the Dow Chemical Company published a new report on the progress of a cooperative agreement that began in 2007 to improve rail safety and security. The report provides a detailed update on the progress for each of the eight goals, including an extensive description of the successful Next Generation Rail Tank Car Project. David Kepler, Dow's Chief Sustainability Officer said, "Through this collaborative effort, a breakthrough approach to rail car design was created that increases safety and security in moving vital chemicals to facilities that produce pharmaceuticals, clean water and many other products that improve every aspect of our lives." The company reported that the Next Generation Rail Tank Car Project is a public-private partnership between Dow, Union Pacific, Union Tank Car, the Federal Railroad Administration, Transport Canada, and the U.S. Transportation Security Administration. The Full Research Report on Union Pacific Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/2170_UNP]

--

Canadian Pacific Railway Limited Research Report

On June 7, 2013, Canadian Pacific Railway Limited (Canadian Pacific) announced that Hon. Jim Prentice, P.C., Q.C., has been appointed to the Company's Board of Directors, with immediate effect. "Canadian Pacific is very fortunate to have Jim join the Board," said Canadian Pacific Board Chairman Paul Haggis. "His integrity, wide-ranging skills and knowledge of public and corporate matters will serve the Board well." Mr. Prentice currently serves as the Senior Executive Vice-President and Vice Chairman of the Canadian Imperial Bank of Commerce and is a member of the Board of Directors of Bell Canada Inc., and of Coril Holdings Ltd. He is also the Canadian Chairman of the Trilateral Commission. The Full Research Report on Canadian Pacific Railway Limited - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/09c7_CP]

--

Canadian National Railway Company Research Report

On May 28, 2013, Canadian National Railway Limited (CN) announced that it is accelerating work on the $33 million upgradation of its Whitehall Subdivision in Wisconsin, to increase car-loading capacity and train velocity for the growing frac sand supply chains of Badger Mining Corporation, Preferred Sands of Wisconsin LLC, Atlas Resin Proppants LLC, and Taylor Frac LLC. Jean-Jacques Ruest, CN's Executive Vice-President and Chief Marketing Officer, said: "We are investing in increased rail capacity on the Whitehall Subdivision to help move more frac sand and to develop a more robust supply chain for our customers in Wisconsin to connect with the oil and gas shale basins in North America." 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.wsreports.com/r/full_research_report/517f_CNI]

--

Trinity Industries Inc. Research Report

On May 29, 2013, Trinity Industries Inc. (Trinity) announced that Standard & Poor's Rating Services has upgraded the Company's corporate credit rating to BBB-. James E. Perry, Trinity's Senior Vice President and Chief Financial Officer said, "This is a positive acknowledgment of the strength of our diversified industrial portfolio of businesses, as well as our high level of order backlogs for our major products and the stability of earnings and cash flow generated by our growing railcar leasing platform." Trinity had maintained a BB+ corporate credit rating by Standard & Poor's since 2007, when its rating was last upgraded by the agency. 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.wsreports.com/r/full_research_report/3ee7_TRN]

--

Westinghouse Air Brake Technologies Corporation Research Report

On June 5, 2013, Westinghouse Air Brake Technologies Corporation (Wabtec) announced that its MotivePower subsidiary has received an order to build six additional locomotives for CFCLA Rail JV Pty Ltd., a joint venture of CFCL Australia Pty. Limited and Marubeni Corporation of Tokyo, Japan. The six additional locomotives, to be delivered in 2014, will be MotivePower's standard gauge MP33C international model. The locomotives, which are among the most fuel-efficient and environmentally friendly in the world, will include components from a number of other Wabtec divisions. Albert J. Neupaver, Wabtec's Chairman and Chief Executive Officer, said, "This additional order demonstrates CFCLA's confidence in our locomotive product, and builds on Wabtec's strong presence in Australia. These locomotives will meet our customers' needs for more-efficient equipment, and will position Wabtec for similar opportunities globally." The Full Research Report on Westinghouse Air Brake Technologies Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/867e_WAB]

----

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 a CFA. 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 inquires, 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 has, through Chartered Financial Analysts, 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.

SOURCE Wall Street Reports

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