Strong Rail Prices Help CSX Beat Expectations
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CHICAGO  â The CSX Corporation reported a better-than-expected quarterly net profit Tuesday as strong pricing for rail freight offset higher fuel costs and weaker volumes, sending its shares up more than 5 percent.
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French industrial giant Alstom Group has sold 16 complete subway trains to the city of Shanghai worth some 130 million Euros (160 million dollars), in another deal reached here during the visit of French President Jacques Chirac.
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VANCOUVER (CP) - Teck Cominco Ltd.&#39;s third-quarter profit soared almost eightfold on high market prices for metals, the zinc, copper and lead miner reported Monday.
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By Reuters. Two of the biggest American steel companies reported dramatic third-quarter turnarounds yesterday, with robust profits driven by surging steel prices that reversed year-earlier losses.
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Find out why the stock rose even after reporting a tough quarter.
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Despite a slight seasonal dip, the software maker surpasses earnings expectations, as year-over-year growth comes in strong.
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Strong international sales growth and solid U.S. comps propel the company's stock to its highest price ever.
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London equities made strong gains in opening trade on Tuesday, lifted by improving sentiment in the banking sector and a strong showing for resource stocks.
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Buying the Amex is a steal for NYSE Euronext.
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Dubai Ports International is buying the foreign port operations of US railroad company CSX Corp. for $1.15 billion in cash, the companies announced Thursday.
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Union Pacific Corp. (UNP.N: Quote, Profile, Research) , the nation&#39;s largest railroad, raised its fourth-quarter earnings forecast on Tuesday, citing increased revenue from hauling commodities, sending its shares up 5 percent.
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To many investors and analysts, the massive sell-off Tuesday was just the latest indication that share prices in China have been defying expectations.
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Travel: Rail fare increases last year a full percentage point up on previous year.
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NEW YORK (CBS.MW) -- Shares of Swift Transportation Co. jumped 9 percent in pre-open trading Tuesday after the trucking company issued a bullish update on prospects for its fourth-quarter profit.
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Short-line railroad operator continues to prosper by focusing on profitable and growing routes.
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London equities made strong gains on Wednesday, with every FTSE 100 constituent  rallying, after strong overnight gains on Wall Street followed news of the Federal Reserve&#39;s 50 basis point cut in US rates.
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Foundation Coal debuted on the NYSE yesterday.