Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Research Reports Coverage on Railroads Stocks -- Trinity Industries, Norfolk Southern, Kansas City Southern, and Canadian Pacific Railway

T.CP, NSC, TRN

PR Newswire

NEW YORK, August 30, 2016 /PRNewswire/ --

In today's pre-market research, Stock-Callers.com takes a look at the Railroads industry which continues to be challenged by economic slowdown, low coal demand, and decline in freight volumes. Stocks under review are Trinity Industries Inc. (NYSE: TRN), Norfolk Southern Corp. (NYSE: NSC), Kansas City Southern (NYSE: KSU), and Canadian Pacific Railway Ltd (NYSE: CP). These stocks research reports can be downloaded now by simply registering for free at:

http://stock-callers.com/registration

Trinity Industries  

Dallas, Texas headquartered Trinity Industries Inc.'s stock finished Monday's session 0.12% higher at $24.49 with a total volume of 1.10 million shares traded. The Company's shares have advanced 5.51% in the past month, 36.32% in the previous three months, and 3.64% since the start of this year. The stock is trading 14.25% above its 50-day moving average and 19.42% above its 200-day moving average. Additionally, shares of Trinity Industries, which provides various products and services for the energy, transportation, chemical, and construction sectors in the US and internationally, have a Relative Strength Index (RSI) of 67.54.

As per notes filed with the SEC, on August 18th, 2016, Trinity Industries, Inc. and Trinity Highway Products, LLC (together the "Company") received confirmation from the U.S. Attorney for the District of Massachusetts that it has closed its investigation into the Company's ET 2000 and ET Plus guardrail end-terminal products without taking enforcement action. On April 28th, 2015, the Company received a subpoena from the U.S. Department of Justice requesting documents from 1999 through the present relating to the ET 2000 and ET Plus guardrail end-terminal products. The Company cooperated fully with the government's inquiry. Your complete research report on TRN can be retrieved for free at:

http://stock-callers.com/registration/?symbol=TRN


Norfolk Southern  

On Monday, shares in Norfolk, Virginia-based Norfolk Southern Corp. recorded a trading volume of 1.72 million shares, which was above their three months average volume of 1.44 million shares. The stock ended the session 1.89% higher at $94.01. The Company's shares have advanced 5.42% in the last one month, 12.59% over the previous three months, and 13.64% on an YTD basis. The stock is trading 6.67% above its 50-day moving average and 13.47% above its 200-day moving average. Moreover, shares of Norfolk Southern, which together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods, have an RSI of 72.54.

On July 29th, 2016, Norfolk Southern announced the regular quarterly dividend of $0.59 per share on its common stock, payable on September 10th, 2016 to stockholders of record on August 8th, 2016. Since its inception in 1982, Norfolk Southern has paid dividends for 136 consecutive quarters. NSC free report is just a click away at:


http://stock-callers.com/registration/?symbol=NSC


Kansas City Southern  

Shares in Missouri-based Kansas City Southern closed the day 1.30% lower at $98.18. The stock recorded a trading volume of 1.56 million shares, which was higher than its three months average volume of 1.18 million shares. The Company's shares have gained 2.15% in the last month, 5.83% in the previous three months, and 32.48% on an YTD basis. The stock is trading 4.25% and 14.29% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Kansas City Southern, which through its subsidiaries, provides freight rail transportation services, have an RSI of 57.37.

On August 17th, 2016, Kansas City's Board of Directors on August 15th, 2016 declared a regular dividend of $0.25 per share on the outstanding KCS 4% non-cumulative preferred stock. The dividend is payable on October 4th, 2016 to preferred stockholders of record on September 12th, 2016. The Board also declared a regular dividend of $0.33 per share on the outstanding KCS common stock. This dividend is payable on October 5th, 2016, to common stockholders of record on September 12th, 2016. Sign up for your complimentary research report on KSU at:

http://stock-callers.com/registration/?symbol=KSU


Canadian Pacific Railway  

At the close, shares in Calgary, Canada headquartered Canadian Pacific Railway Ltd ended the day at $154.73, climbing 1.04%. The stock recorded a trading volume of 481,320 shares. The Company's shares have advanced 3.30% in the last one month, 19.78% over the previous three months, and 21.88% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 9.67% and 16.84%, respectively. Furthermore, shares of Canadian Pacific Railway, which together with its subsidiaries, operates a transcontinental railway in Canada and the US, have an RSI of 74.97.

As per notes filed with the SEC, on August 9th, 2016, Pershing Square, L.P., Pershing Square II, L.P., Pershing Square International, Ltd and Pershing Square Holdings, Ltd, completed a secondary offering of 9,840,890 common shares of Canadian Pacific Railway. The Company did not sell any common shares in, and did not receive any proceeds from, the offering. Register for free on Stock-Callers.com and download the latest research report on CP at:

http://stock-callers.com/registration/?symbol=CP

--

Stock Callers: 

Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

SC has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@stock-callers.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY 

SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING 

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

http://stock-callers.com/legal-disclaimer/

CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: info@stock-callers.com
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP


CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


SOURCE Chelmsford Park SA

Tags:


Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today