|Bid||0.00 x 1300|
|Ask||0.00 x 1000|
|Day's Range||74.99 - 75.70|
|52 Week Range||59.92 - 80.41|
|PE Ratio (TTM)||339.42|
|Beta (3Y Monthly)||1.21|
|Expense Ratio (net)||0.13%|
US Rail Traffic Improves Slightly, Downtrend Stabilizes in Week 6(Continued from Prior Part)Strong carload traffic growthCSX’s (CSX) total rail traffic volumes rose 3.2% YoY (year-over-year) to 122,403 units in Week 6. The sixth week marked a
Is 2019 Bill Ackman’s Comeback Year after a Series of Losses?(Continued from Prior Part)United Technologies United Technologies (UTX) has been another key contributor to Pershing Square’s success YTD (year-to-date). Compared to its average cost
With the Federal Reserve on hold for rate increases, that means earnings growth will be increasingly important in setting share prices. From the end of 2016 through last Dec. 31, earnings per share for S&P 500 companies probably rose about 40% — the same amount the S&P gained from just before the election through its October 2018 all-time high. In fact, the companies in the S&P (SPX) just completed three consecutive quarters of 20%-plus year-over-year earnings per share growth.
GE to Shrink Boston HQ Plan and Reimburse $87 Million to StateGE to downsize Boston HQ On February 14, General Electric (GE) announced that it is downsizing its plans for its global headquarters in Boston, Massachusetts. The company revealed that it
Although the materials sector has been hit by trade concerns, broad-based bullishness is a good indicator that the market in general is healthy.
Signs of improvement in trade relations between the United States and China and the Fed???s dovish stance have helped industrial ETFs despite mixed earnings.
General Electric Rose ~4%, Most Gas Turbine Orders in 2018Most gas turbine orders General Electric (GE) shares rose ~4% on February 13. Reuters reported that the company’s Power division had the most orders for gas turbines in 2018. Citing McCoy
Analysts Expect a Double-Digit Surge in Delta Air Lines StockBullish recommendations Delta Air Lines (DAL) could be an intriguing choice for investors, according to analysts’ ratings. Wall Street expects a massive upside in the company’s share
Analysts Expect a Double-Digit Surge in Delta Air Lines Stock(Continued from Prior Part)Transatlantic route focus Delta Air Lines (DAL) has been making route realignments to focus more on its most profitable transatlantic route. For this, the
Norfolk Southern Rose Due to Bullish Operating OutlookBullish operating target Norfolk Southern (NSC) shares rose more than 3% on February 11 after the company updated its long-term financial goals. There was a significant improvement in the
L3 Technologies Inc. said Tuesday it raised its quarterly dividend by 6.3% to 85 cents a share from 80 cents a share. The provider of communication and electronic systems to the government said its new dividend will be payable March 15 to shareholders of record on March 1. Based on Monday's stock closing price, the new annual dividend rate implies a dividend yield of 1.65%, compared with the implied yield for the SPDR Industrial Select Sector ETF of 1.89% and for the S&P 500 of 2.08%, according to FactSet. L3's stock has rallied 9.0% over the past three months, while the industrial ETF has gained 3.5% and the S&P 500 has slipped 0.6%.
Here’s Why Union Pacific Has Been an Investor Favorite in 2019Union Pacific outperformed peersUnion Pacific (UNP) has been investors’ industry favorite since the start of 2019. In the YTD period, the stock has soared ~19%, significantly
JPMorgan Chase Sees More Upside in Boeing’s Share PriceJPMorgan Chase raised the target priceBoeing (BA) shares have gained immensely YTD (year-to-date). Boeing has outperformed the returns from its peers and US market indexes. However, the stock
US Rail Traffic Downtrend Continued for a Second Consecutive Week(Continued from Prior Part)CNI’s rail traffic Canadian National Railway (CNI) reported an 11.8% YoY (year-over-year) total traffic volume decline in Week 5. It carried 101,030
GE Shares Fell 4% after Fitch Cut Its Rating to 'Negative'Fitch cuts its rating on General ElectricGeneral Electric (GE) shares fell ~4% on February 7 after Fitch cuts its outlook on the stock to “negative” from “stable.” The credit rating
Boeing Hits an All-Time High, Becomes the Best Dow Performer YTD(Continued from Prior Part)Bullish stance The Boeing Company (BA) has received a consensus rating of ~1.96 and has a consensus “buy” recommendation from analysts polled by Reuters.
Boeing Hits an All-Time High, Becomes the Best Dow Performer YTD(Continued from Prior Part)Investment in supersonic jets The Boeing Company (BA) announced yesterday that it had entered into a partnership agreement with supersonic jet startup Aerion.
Boeing Hits an All-Time High, Becomes the Best Dow Performer YTDBoeing is at an all-time high Shares of the Boeing Company (BA) hit an all-time high of $410.75 on February 5 before closing slightly lower at $410.18. The recent optimism surrounding
French Government Fined GE $57 Million for Not Meeting Job TargetFrench government fined GEThe French government has fined General Electric (GE) 50 million euros (or $57 million) for failing to keep the job creation promise the company made during
US Railroad Companies’ Traffic Volumes Slumped in Week 4(Continued from Prior Part)CNI’s rail trafficCanadian National Railway (CNI) reported a 2.9% YoY (year-over-year) total traffic volume decline in Week 4. It moved 109,731 carloads compared
GE Transportation-Wabtec Deal to Close on February 25Spin-merger dealThe year-long pending merger of General Electric’s (GE) Transportation business unit with Wabtec is finally set to complete on February 25. The company announced the closure date
US Railroad Companies’ Traffic Volumes Slumped in Week 4(Continued from Prior Part)Canadian Pacific’s rail traffic Canadian Pacific Railway (CP) reported 1.3% YoY (year-over-year) total traffic volume growth in Week 4. The company moved 51,327
To help investors keep up with the markets, we present our ETF Scorecard. The Scorecard takes a step back and looks at how various asset classes across the globe are performing. The weekly performance is from last Friday’s open to this week’s Thursday close.
Shares of Honeywell International Inc. were indicated slightly higher in premarket trade Friday after the diversified industrial company reported a fourth-quarter adjusted profit and revenue that rose above expectations, boosted by strength in its commercial aerospace, defense and warehouse automation business. The company swung to net income of $1.72 billion, or $2.31 a share, from a loss of $2.52 billion, or $3.32 a share, in the same period a year ago, which included charges related to tax reform and business separation costs. Excluding non-recurring items, adjusted earnings per share came to $1.91, above the FactSet consensus of $1.89. Sales fell 10% to $9.73 billion, primarily because of the spinoff of its transportation systems business, but topped the FactSet consensus of $9.70 billion. Looking ahead, the company expects 2019 EPS of $7.80 to $8.10, surrounding the FactSet consensus of $7.86, and sales of $36.0 billion to $36.9 billion, below the FactSet consensus of $37.07 billion. The stock has slipped 0.6% over the past three months, while the SPDR Industrial Select Sector ETF has tacked on 0.9% and the S&P 500 has slipped 1.3%.