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Fly News Breaks for January 25, 2016
CSX, KSU, UNP
Jan 25, 2016 | 07:34 EDT
RBC Capital says that a number of railroad stocks should be bought in the wake of their decline after three of the major companies in the sector reported results. The firm says that the sector's stocks now reflect the space's "tempered" 2016 outlook. It identifies Union Pacific (UNP), Kansas City Southern (KSU) and CSX Corp. (CSX) as its favorite names in the space.
News For UNP;KSU;CSX From the Last 2 Days
UNP
Apr 25, 2024 | 07:48 EDT
Reports Q1 revenue $6.03B, consensus $5.98B. "Our team delivered strong financial results in the first quarter as we navigated a challenging freight market and normal winter conditions," said Jim Vena, Union Pacific CEO. "These results build on the momentum we established as we exited 2023 and provide further proof of what's possible as we strive to be the best in safety, service, and operational excellence. This is a great start to the year, but we understand there's work to be done to achieve our goals and meet our stakeholders' expectations."