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Looming rail car retirements and high rates for rail car scrapping — not rail volumes — are driving the rail car market, according to the CEOs of rail car leasing companies and rail equipment manufacturers. The post Pending rail car retirements, high scrap rates tighten equipment market appeared first on FreightWaves.
In a report released on August 4, Matt Elkott from TD Cowen maintained a Buy rating on Cummins (CMI – Research Report), with a price targe...
ProVise Management Group LLC cut its stake in Trinity Industries, Inc. (NYSE:TRN – Free Report) by 39.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 33,050 shares of the transportation company’s stock after selling 21,410 shares during the period. ProVise […]
Trinity Industries, Inc. (NYSE:TRN – Free Report) – Investment analysts at KeyCorp decreased their Q3 2023 earnings per share (EPS) estimates for Trinity Industries in a research note issued to investors on Tuesday, August 1st. KeyCorp analyst S. Barger now forecasts that the transportation company will post earnings of $0.37 per share for the quarter, […]
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...