Mark Dayton laid out changes in his budget proposal Tuesday that would make railroad companies fork over more funds to ensure Minnesota communities can handle a dramatic influx of train traffic. But Minnesota has a long to-do list of its own, such as $240 million in underpasses to alleviate congestion at train-blocked intersections and other safety...» Read More
No. 1 U.S. railroad Union Pacific on Thursday reported a better-than-expected profit as strong pricing offset rising fuel costs, flooding in the U.S. Midwest and lower freight volumes.
CSX, the U.S. railroad, reported higher second-quarter net profit that met expectation on Tuesday, as strong pricing offset a 3 percent decline in freight volumes.
Sometimes the best ideas are the least "investible." Also, Cramer's take on CSX, Tidewater and more.
With thousands of displaced people and the floods working their way from Iowa down to Mississippi, the worst flooding in the U.S. Midwest in 15 years is adding pressure to the recent rise in prices for food and corn-based ethanol. Here are some of the other businesses in the region, affected by the deluge.
The flooding in Iowa has spread its economic stress to more than just rising corn prices. Many Iowa-based companies are also feeling the strain, causing production to stop and stocks to move.
A federal judge ruled on Wednesday that two investment firms waging a proxy battle at railroad CSX violated securities law in acquiring large stakes in the rail company, but allowed them to continue their fight at the annual shareholder meeting.
ISS recommends a vote against dissident slate and looks ahead to CSX' shareholder meeting.
Warren Buffett told reporters in Italy today that the high price of oil doesn't really affect his investment decisions. In response to a question from CNBC Europe's Anna Martin, Buffett said that while oil does affect his operating businesses, it has a similar effect on his competitors. "There's a real impact on society, but not much on our investment decisions."
No one ever got hurt taking some profits, Cramer says. Here's what he'd be selling in this sell-off.
Despite the ongoing rise in crude oil prices and the overall concerns of a weaker economy, the Dow Jones Transportation Average hit new all-time highs today. It passed its previous intraday high of 5,487.05 that it had set last July. If it closes over 5,446.49 today, it will set a new all-time closing high.
Warren Buffett's 18 percent stake in Burlington Northern Santa Fe is worth even more today (Tuesday), after the railroad reported a 30 percent increase in first quarter earnings, beating Wall Street's expectations.
Terrible consumer sentiment, more record oil and Microsoft's weak earnings weren't enough to keep Friday's market down. But what's in store for next week?
This railroad company knows that green is the color of money. Here's how it makes the environment play in its favor.
Warren Buffett's railroad ride with Burlington Northern Santa Fe looks increasingly profitable lately. The stock jumped almost 5 percent today (Wednesday) to close at an all-time high of $99.30. That's a gain of almost 30 percent since Berkshire Hathaway finished up its most recent string of Burlington buys in late January.
Better-than-expected results from major banks and IBM send the market higher. Can the euphoria continue with Google on Wednesday? Also, the oil trade with Dennis Gartman and more.
What had started in US history as the means to link the east with the West, the Railroad Industry has become a critical aspect of the United States’ economy, and is one of its global competitive advantages. That trend continues as more investment is pouring into the railroad infrastructure. Here are some companies that are reaping the benefits...
Cramer makes the call on coal and the railroad names that haul it.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Shares of Burlington Northern Santa Fe have soared by more than 15 percent since Warren Buffett's Berkshire Hathaway completed a string of almost daily stock purchases in mid-January.
Increased global coal demand is great for the rails, Cramer says.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Warren Buffett's daily Burlington buys continue. Berkshire Hathaway has bought Burlington Northern Santa Fe shares on 11 of the 12 trading days through last Tuesday, January 22. The latest purchase is the smallest in the recent series and was made at the lowest price.