CNBC's Jim Cramer ranks the most investable stocks in the industrial space, which includes railroad operators, manufacturers and aerospace plays. Among the "Mad Money" host's favorites are Union Pacific, Boeing and Textron. show chapters Cramer flags 5 industrial stocks he likes right now, including Union Pacific and Boeing 3 Hours Ago | 11:36 Disclosure: Cramer's…
Posts published in “Day: October 17, 2018”
Rail News Home Federal Legislation & Regulation 10/17/2018 Rail News: Federal Legislation & Regulation Schumer wants railroads to notify locals when transporting hazmat The senator called on the railroads to expand their notification system to include more examples of "incredibly dangerous materials." Photo – Schumer's office U.S. Sen. Charles Schumer (D-N.Y.) this week called on…
Aerospace innovation for rolling stock electrical systems 17 Oct 2018 FRANCE: Alstom, IGE+XAO and Safran have agreed to establish a centre of excellence for onboard electrical systems in Toulouse. Located at aerospace equipment manufacturer Safran Electrical & Power’s site, the facility will be able to accommodate up to 100 engineers. IGE+XAO is providing design, simulation…
Shift2Rail announces 2018 grants 17 Oct 2018 EUROPE: Shift2Rail is to provide up to €77·3m of co-funding for 19 research and innovation projects with a total value of €152·6m, the joint undertaking announced on October 17. The funding to be awarded under the 2018 Call for Proposals brings the cumulative spending on railway research to…
CSX on Tuesday reported quarterly profit that topped Wall Street's view and raised its full-year revenue forecast.The No. 3 U.S. railroad operator benefited from ongoing cost-cutting and higher prices for moving freight.Third-quarter net income at CSX almost doubled to $894 million, or $1.05 per share, topping the average estimate of 94 cents, according to Refinitiv…