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Tamas-V/iStock Editorial via Getty Images Kansas City Southern (KSU) rose 1.8% and Norfolk Southern (NSC) gained 4.2% after some analysts defended the railroad operators after a Biden executive order had investors concerned that the KSU/Canadian National (CNI) deal may be ...
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Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Blastoff!The next leg of the billionaire space race commences this weekend, with Sir Richard Branson journeying to the edge of space in Virgin Galactic's (...
Unprecedented pro-competitive commitments will enhance route choice and provide all market participants, railroads and shippers a fair chance to compete Transaction is about creating a new rail product and pro-competitive market philosophy for the future New direct rail ...
The Biden administration is reportedly displeased with the level of consolidation in the railroad sector, and that's weighing on the railroad stock, which is currently the target of a $33 billion acquisition. Shares of Kansas City Southern (NYSE: KSU) fell as much as 8.7% on Thu...
Pgiam/iStock via Getty Images Thought the COVID worries were over? Not quite. Renewed concerns about variants of the disease weighed on airline stocks on Thursday. This included declines in shares of Spirit Airlines (SAVE), United (UAL) and Delta (DAL). Elsewhere on the transportation front, ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Another day, another dollar — that is, if you’re a short-squeeze strategist. Carver Bancorp (NASDAQ: CARV ) saw some massive gains thanks to retail investors. Additionally, initial public offering (...
bjdlzx/iStock via Getty Images Freightcar America (RAIL) rose 4.8% after reports of a Biden administration executive order on railroads that deals with the competition in the industry. Kansas City Southern shares (KSU) as well as others railroad operators have been weak since a...
Gainers: SGOCO Group (SGOC) +17%.Quest Resource Holding (QRHC) +11%.AeroCentury (ACY) +11%.Virgin Galactic (SPCE) +9%.Grindrod Shipping (GRIN) +9%.Losers: Polar Power (POLA) -7%.Kansas City Southern (KSU) -7%.Applied DNA Sciences (APDN) -6%.Newater Technology (NEWA) -6%.Asia Pacific...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Electric vehicle (EV) news for Thursday includes the stocks of several companies in the space running lower today. Source: Shutterstock EV stocks are falling today, but it doesn’t seem like it has to do with ...
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The yearlong saga by Kansas City Southern (NYSE: KSU) to find a buyer came to an end on Dec. 14, when Canadian Pacific Railway (NYSE: CP) completed its deal to acquire Kansas City stock for $31 billion. But what happens next for the railroads is far from clear, and investors...
Kansas City Southern (KCS) (NYSE: KSU) announced today that the company has been notified that our CDP climate change disclosure, submitted earlier this year, earned a score of A- for 2021. This is an improvement from KCS’ 2020 score and moves KCS to the “Leadership Level&...
Kansas City Southern (NYSE: KSU) (“KCS”) announced that the Company’s stockholders have voted to approve the previously announced combination with Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) (“CP”) at today’s virtual Special Meeting of...