NEW YORK----The Children's Investment Fund Management LLP and 3G Capital Partners, Ltd. today announced that the preliminary report from IVS Associates, Inc., the independent inspector of elections for CSX's 2008 Annual...
Merrill Lynch analyst Ken Hoexter says, with his upgrade of CSX , he's setting a $71 target price based on a 16.5 multiple on his $4.30 2009 EPS estimate. He says second quarter non-GAAP EPS of $0.89 was $0.01 below his...
Stocks on the move on Wednesday Wells Fargo posts better-than-expected $0.53, vs. $0.67 a year ago, second quarter EPS as higher provision expense offset 16% revenue rise. Intel posts $0.28, vs. $0.22 a year ago, second quarter...
MARC commuter trains will have the slows this afternoon. Heat restrictions are in effect for the Brunswick and Camden Lines, the Maryland Transit Administration says. Commuters should plan on 10 to 15 minute delays. Here's the...
Federal and state funding will repair hurricane-related damages to the New Orleans Public Belt Railroad, which provides switching and hauling services for seven railroad lines, the Louisiana Recovery Authority said in a news...
NEW YORK | Oil prices fell harder than they have in 17 years Tuesday as fears that record fuel prices are spreading broad economic pain exacerbated the third big sell-off in just over a week. Light, sweet crude plunged $6.44,...
oil. 9:14AM AMB Property reports EPS in-line, beats on revs; reaffirms FY08 FFO guidance 46.48 : Reports Q2 (Jun) funds from operations of $1.06 per share, in-line with the First Call consensus of $1.06; revenues rose 25.0%...
Updated from 7:58 a.m. EDT Premarket futures were suggesting a slightly downbeat open for Wall Street Wednesday as solid earnings from tech giant Intel INTC failed to generate enough buying enthusiasm to overcome concerns about...
OIL DATA SPURS GAINS IN AIRLINES Oil prices have turned the clock back … to the hardly inspiring point they were at about three weeks ago. P&G FACES COST INFLATION, ANALYST SAYS Procter & Gamble (PG) won’t be immune to the cost...