Some of Wednesday's midday movers:» Read More
Canadian National Railway Co. rose$. 01 or percent, to $68.58. Canadian Pacific Railway Ltd. rose$. 27 or. 1 percent, to $198.00. Kansas City Southern rose$. 70 or. 6 percent, to $113.65.
TORONTO, Aug 15- More than eight months after an extreme winter began snarling North American rail traffic, a Reuters analysis of industry data shows delays lingering, raising the risk of a second winter of chaos on the rails.
Shaking off geopolitical flare-ups for now, analysts say the S&P 500 is taking aim at the 2,000 level, and the next round of earnings news could help.
*2nd- qtr net profit $1.79/ shr vs est $1.74. July 23- U.S. railroad operator Norfolk Southern Corp reported a better-than-expected second-quarter profit, helped by higher volumes across its businesses as the economy improves.
June 26- Norfolk Southern Corp said it would require its customers to give the railroad company legal protection against damage caused by explosions or leakage of hazardous materials carried in older tank cars. Norfolk Southern said the legal protection, which applies to older DOT-111 tank cars built before late 2011, would take effect on July 15.
June 26- Norfolk Southern Corp said it would require its customers to give the railroad company legal protection against damages caused by explosions or leakage of hazardous materials carried in older tank cars, The Wall Street Journal reported on Thursday.
*Hewlett-Packard shares soar after announcing job cuts. NEW YORK, May 23- The S&P 500 closed at a record high on Friday, buoyed by a rally in housing stocks after better-than-expected home sales and a jump in Hewlett-Packard shares a day after the personal computer maker said it would cut more jobs.
OTTAWA, April 23- Canada will require that older rail cars used for carrying crude oil be phased out by May 2017, the government said on Wednesday, moving ahead of the United States to ban the controversial cars in light of burgeoning oil-by-rail traffic and a deadly accident last year.
The Treasury Department auctioned $35 billion in five-year notes at a high yield of 1.732 percent, the rate highest since May 2011.
OTTAWA, April 23- Canada will require that the use of older rail cars for carrying crude oil be phased out within three years, even though the United States has yet to make such a rule change, according to documents seen by Reuters on Wednesday.
Some of Wednesday's midday movers:
US stock index futures seesawed as investors awaited another wave of major earnings, including Dow-listed Boeing and Procter & Gamble.
CSX Corp and Norfolk Southern Corp are both trading 15 percent or more below their warranted share price, according to a measure of "intrinsic valuation" tracked by Thomson Reuters StarMine.
The "Fast Money" traders share their final trades of the day.
LONDON, April 15- Electro-Motive Diesel, the world's largest diesel locomotive manufacturer, has taken delivery of the first of four specially designed liquefied natural gas tenders ultimately destined for use on the Canadian National railroad.
Energy industry leaders at CERAWeek are sizing up new federal safety guidelines for rail shippers to figure out if they are on track.
A train carrying crude oil derailed in Vandergrift in western Pennsylvania on Thursday, the company confirmed.
Thursday's midday movers:
Sometimes moves in the market just don’t seem to make sense. Cramer takes a closer look.
Norfolk Southern CEO Wick Moorman says his company continues to run a "very good railroad," and discusses how "people and technology" have helped boost efficiency.