|Bid||70.57 x 900|
|Ask||72.02 x 1300|
|Day's Range||70.10 - 71.83|
|52 Week Range||48.34 - 76.24|
|Beta (3Y Monthly)||1.45|
|PE Ratio (TTM)||9.36|
|Earnings Date||Jan 14, 2019 - Jan 18, 2019|
|Forward Dividend & Yield||0.88 (1.25%)|
|1y Target Est||81.57|
In a WavesTalk at Marketwaves18 near Dallas, both J. Scott Susich, driector of data analytics and advisory services at DTN, and Jaco Booyens, co-chair of the innovative Eden Green Technology, focused on big shifts in their respective industries to alert the trucking sector that it needed to track such changes in planning for their future. While Susich talked about fracking and its impact on petroleum production, Booyens talked about Eden Green's more radical technology that grows fresh vegetables in a vertical indoor stack. At present, Booyens said, using a truck to haul fresh vegetables is a race against time.
Solid demand for air travel boosts Allegiant's (ALGT) October traffic. Load factor improves on the back of traffic growth outweighing capacity expansion.
Through partnerships with leading not-for-profit organizations, CSX Pride in Service aims to positively impact more than 100,000 heroes and their families. JACKSONVILLE, Fla., Nov. 09, 2018 (GLOBE NEWSWIRE) -- CSX (CSX) today unveiled CSX Pride in Service, a new corporate community investment program to honor and serve those who serve our country and communities – our nation’s veterans, active military, and first responders. CSX Pride in Service will connect service members, first responders, and their families to the resources and support they need through partnerships with several not-for-profit organizations – Blue Star Families, First Responders Children’s Foundation, Operation Gratitude, Operation Homefront, and Wounded Warrior Project.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Industrials sector is rising.
Jim Cramer flies through his take on callers' favorite stocks, including a Silicon Valley giant that his charitable trust is eyeing.
The third year of any presidency, or the year following midterm elections, tends to be a good one no matter which party is in control and which party loses control of at least one congressional house. Assuming President Donald Trump’s third year is going to be the typically bullish one regardless of how much representation the Democrats are able to claw back from Republicans, you may want to make sure you’ve got exposure to the equity market sooner than later. In most cases, it’s a major name like Delta Air Lines (NYSE:DAL) an investor would opt to own.
United Continental Holdings' (UAL) arm, United Airlines, commences San Francisco-Tahiti service, in line with the company's expansion initiatives.
CSX Corporation (CSX) President and Chief Executive Officer James M. Foote will address Baird’s 2018 Global Industrial Conference in Chicago on Thursday, November 8, at 10:30 a.m. CT / 11:30 a.m. ET. More information about the company and its subsidiaries is available at www.csx.com and on Facebook (http://www.facebook.com/OfficialCSX).
Eastern US rail giant CSX Corporation (CSX) posted 4.2% YoY (year-over-year) carload traffic growth in Week 42. The company hauled ~72,400 railcars sans intermodal units in the week compared to 69,500 units in Week 42 of 2017. Compared to US rail carriers’ 0.7% carload loss, CSX’s carload traffic reported much higher gains in the week.
Eastern US railroad company Norfolk Southern (NSC) reported a 3.3% YoY (year-over-year) fall in its carload traffic in Week 42. The company hauled ~67,800 railcars sans intermodal units in the week compared to ~70,100 in the comparable period last year.
Five analysts (or 19.2%) have “strong buy” recommendations on NSC stock, whereas eight (or 30.8%) have “buy” recommendations on the stock. A total of 12 analysts (or 46.2%) recommend “holds” on NSC stock, and one (or 3.8%) has a “sell” recommendation on the stock.
Berkshire Hathaway–owned BNSF Railway (BRK.B) reported a 2.7% YoY (year-over-year) rise in its Week 42 carload traffic. The railroad company moved ~103,600 railcars except for intermodal units in the week compared to ~100,900 units in Week 42 of 2017.
Let’s take a look at Norfolk Southern’s (NSC) third-quarter operating margin. In the third quarter, NSC’s operating margin expanded 110 basis points to 34.6% from 33.5% in the third quarter of 2017. In the reported quarter, the railroad company’s revenue jumped 10.4%, while its operating expenses rose 8.6% to $1.927 billion.
A robust U.S. economy, strong consumer and business confidences and soaring corporate earnings driven by massive tax cut will act as near-term catalysts for Wall Street's bull-run to continue in the rest of 2018.
In the third quarter, Norfolk Southern (NSC) recorded a 20% rise in its Intermodal segment’s revenue to $746.0 million from $621.0 million. The railroad company’s intermodal share of total revenue expanded 2% to 25.3% in the quarter from 23.3% in the corresponding period last year.
Now let’s consider Norfolk Southern’s (NSC) General/Industrial Merchandise segment’s third-quarter performance. The segment’s revenue rose 7.0% YoY (year-over-year) in the third quarter to $1.73 billion from $1.60 billion. In the third quarter, Norfolk Southern’s overall merchandise volumes grew 3% YoY to 645,800 units from 627,200 units in the previous year.
In the third quarter, the Coal segment contributed 15.7% to Norfolk Southern’s (NSC) total operating revenue, down 110 basis points from 16.8% in the third quarter of 2017.