Canadian Pacific Railway http://so-l.ru/tags/show/canadian_pacific_railway Sun, 19 Aug 2018 12:37:50 +0300 <![CDATA[Dow 30 Stock Roundup: Nike Beats, J&J Gets $2.1B Offer for Diabetes Device Unit]]> The Dow traversed rough waters once again this week, a period which was marked by troubles for Facebook, Inc. FB and the Fed’s latest policy statement. Concerns over Facebook’s data security policies arose following a whistleblower’s damaging revelations this week. Investors also remained focused on the central bank’s latest policy meeting. Trade war related concerns also surfaced with China preparing to retaliate against Trump’s latest actions on this front.

Last Week’s Performance

The Dow increased 0.3% last Friday following better than expected readings for industrial output. Industrial production surged 1.1% in February, comfortably surpassing the consensus estimate of 0.3% for the period.

This marked its highest reading since October 2017.Investors braced for higher volatility due to Friday being a quadruple-witching day. Meanwhile, news surfaced that Trump will soon fire his national security advisor H.R. McMaster.

The index lost 1.5% last week.  During this period, President Trump fired Secretary of State Rex Tillerson, former CEO of Exxon Mobil Inc. XOM. Further, special counsel Robert Mueller reportedly subpoenaed Trump Organization for Trump’s business-related documents.

This factor along with trade war fears weighed on investor sentiment. President Trump was expected to levy fresh tariffs on Chinese imports and announced that U.S.’s trade deficits with China will be reduced significantly in the process.

The Dow This Week

The index decreased 1.4% on Monday following concerns over Facebook’s policies regarding privacy of user data. Shares of Facebook declined 6.8% in a single session on Monday to post its worst dip in a day since March 26, 2014. The Dow lost 335.6 points to finish in negative territory, with all of its 30 components save for Boeing BA, finishing in the red.

With this decline the blue-chip index turned negative for 2018, trading at -0.4%. Shares of Caterpillar CAT declined 2.8%, emerging as the worst performing Dow component. Meanwhile, market watchers also speculated over the possibility of a rate hike post the culmination of the Fed’s two-day FOMC meet on Wednesday.

The index gained 0.5% on Tuesday, supported by a rally in energy shares after oil prices settled at their highest level for the month. Meanwhile, investors closely followed the FOMC’s policy meeting. Shares of Facebook continued to decline after the Federal Trade Commission decided to probe the data debacle which has taken markets by storm.

The Dow gained 119 points on Tuesday to end in positive territory a day after losing more than 300 points earlier in the session. The day’s gains for the blue-chip index were buoyed by a surge in the shares of Boeing and Nike NKE, which gained 1.8% and 1.7%, respectively.

The index increased 0.2% on Wednesday following the much expected quarter-point rate hike by the Fed. However, the Federal Open Market Committee (FOMC) adhered to its December forecast of three rate hikes for 2018.

The central bank also increased its GDP projection for 2018, paving the way for future rate hikes. Meanwhile, existing home sales rebounded in February following back-to-back declines in the two months prior to the current period.

The Dow lost almost 45 points to end in negative territory on Wednesday. Shares of Apple AAPL declined 2.3%, adding to the blue-chip index’s woes. However, the Dow surged more than 250 points at its session highs.

The index slumped 2.9% on Thursday after the specter of a damaging trade war with China triggered a broad selloff. Consequently, the Dow finished at its lowest point since Feb 8, the second lowest close recorded so far this year. Currently, the index is 10% lower than the all-time high achieved earlier this year.

Additionally, the Fed’s latest policy statement raised questions about the path of interest rate hikes. Also weighing on markets were ongoing troubles at Facebook, a factor which dragged tech stocks lower. Meanwhile, President Trump’s lead attorney resigned from his position, heightening political uncertainty.

Components Moving the Index

NIKE's third-quarter earnings per share of 68 cents were flat year over year but surpassed the Zacks Consensus Estimate of 52 cents. This marked its 23rd straight earnings beat. Nike has a Zacks Rank #3 (Hold).

Revenues of the swoosh brand owner have increased 6.5% to $8,984 million, beating the Zacks Consensus Estimate of $8,831.8 million. This was primarily driven by double-digit growth at international locations and global NKE Direct business, partly offset by soft North American Wholesale revenues. Sales grew 3% on a currency-neutral basis.

Going forward, the company stated that its overall outlook for fiscal 2018 remains unchanged, excluding the one-time impact of the U.S. tax reform. In fourth-quarter fiscal 2018, the company expects reported revenue growth of high single-digit, backed by persistent strength in international regions and reversal of the trend in North America. (Read: NIKE Rallies on Q3 Earnings & Sales Beat, Buys Zodiac)

Apple is reportedly developing next-generation MicroLED screens for its own use in a secret manufacturing facility near the company’s California headquarters. Per Bloomberg, the company is currently making small number of screens for testing purposes.

Zacks Rank #3 Apple’s foray into MicroLED display manufacturing has taken the market by surprise. It is likely that the company has been planning the venture into MicroLED display technology for quite some time. The company had acquired LuxVue technology, a developer of MicroLED screen technology way back in 2014.

The rumor-mills have now started buzzing on whether Apple will bring display manufacturing in-house, which makes sense, as it will no longer be dependent on Asia-based manufacturers for supply of display screens. (Read: Apple Reportedly Producing MicroLED Screen, OLED Stocks Fall)

Caterpillar is planning to close two facilities in Texas and Panama and is also mulling the shutdown of its engine manufacturing plant in Illinois, per a Reuters report. Though the move could lead to a layoff of 880 jobs, it is in sync with the company’s strategy to cut cost. Consequently, this will boost margins and equip the company to better handle business cycles.

The move will affect its work tools facility in Waco, TX, and its demonstration centre in Panama. The work at the Texas plant will be shifted to Wamego, KS, affecting 200 regular and contract positions. The stock has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Exxon Mobil recently commenced with a potential U.S. Gulf Coast project, intending to grow its capacity of producing polypropylene up to 450,000 tons a year. The company started the detailed engineering work of the project as it foresees a rise in demand for high-performance, lightweight durable plastics. Exxon Mobil has a Zacks Rank #3.

The final decision on the multi-billion facility, expected to come online in 2021, will be made this year. The construction period is expected to create more than 600 jobs. Once the project comes online, it will generate in excess of 60 permanent jobs. (Read: Exxon Mobil to Follow Strategy and Boost Polypropylene)

General Electric Company’s GE operating segment GE Transportation announced that it has secured orders for 225 refurbished locomotives from several North American railroads in 2018, without disclosing the names of its clients.

Zacks Rank #4 (Sell) GE will also deliver 80 and 100 modernized locomotives previously ordered by Canadian Pacific Railway Limited CP  and Norfolk Southern Corporation NSC, respectively throughout the year. (Read: GE Transportation Gets 225 Orders for Modernized Locomotives)

Johnson & Johnson JNJ announced that it has received a binding offer of approximately $2.1 billion from a private equity firm, Platinum Equity, for its LifeScan diabetes device unit. The LifeScan unit makes blood glucose monitoring products and generated revenues of $1.5 billion last year.

Zacks Rank #3 J&J has time until Jun 15 to accept the offer, failing which it will expire. If J&J accepts the offer, the transaction is expected to close by the end of the year. (Read: J&J Gets $2.1B Offer for LifeScan Diabetes Device Unit)

Walmart Inc. WMT is extending its agreement with Handy, according to sources. which will let customers hire helpers at about 2,000 Walmart stores to install or assemble their purchases of television and furniture. (Read: Walmart Stays Firm in the Game, Expands Alliance With Handy)

Further, according to reports the company inked a deal with FedEx’s (FDX) subsidiary, FedEx Office – which will add about 500 new FedEx Office locations inside certain Walmart stores over the next two years. (Read: Walmart Plays Another Card, Adds FedEx Shops to Select Stores)

Performance of the Top 10 Dow Companies

The table given below shows the price movements of the 10 largest components of the Dow, which is a price weighted index, over the last five days and during the last six months. Over the last five trading days, the Dow has lost 3.5%.

Next Week’s Outlook

Markets have endured quite a few rough weeks recently and it seems that they have yet to recover completely from February’s correction phase. The data related debacle at Facebook and Trump’s trade wars have done little to ease investor fears at this time.

Meanwhile, the Fed’s recent actions have been largely along predictable lines, but concerns surrounding future rate hikes continue to linger. At this time, investors will look toward upcoming economic reports, including crucial GDP data, for solace in the week ahead.

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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Norfolk Southern Corporation (NSC): Free Stock Analysis Report
 
Canadian Pacific Railway Limited (CP): Free Stock Analysis Report
 
Facebook, Inc. (FB): Free Stock Analysis Report
 
Johnson & Johnson (JNJ): Free Stock Analysis Report
 
The Boeing Company (BA): Free Stock Analysis Report
 
Apple Inc. (AAPL): Free Stock Analysis Report
 
General Electric Company (GE): Free Stock Analysis Report
 
Caterpillar Inc. (CAT): Free Stock Analysis Report
 
Exxon Mobil Corporation (XOM): Free Stock Analysis Report
 
Walmart Inc. (WMT): Free Stock Analysis Report
 
NIKE, Inc. (NKE): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research]]>
http://so-l.ru/news/y/2018_03_23_dow_30_stock_roundup_nike_beats_j_j_ge Fri, 23 Mar 2018 17:25:00 +0300
<![CDATA[Canadian National (CNI) Declines 11% in 6 Months: Here's Why]]> Shares of Canadian National Railway Company CNI have lost 11% in the past six months, significantly underperforming its industry’s gain of 6.1%.

 

Reasons Behind the Price Plunge

The company has been facing a number of challenges related to network congestion for the past few months, which have hurt its operational performance. Further, oilfield service major, Halliburton Company's HAL statement issued in February 2018 that Canadian National’s service delays have been affecting its bottom line, underlines the gravity of this situation.

Additionally, rival Canadian Pacific Railway Limited’s CP commentary about its increasing network fluidity highlights the fact that these operational issues might affect Canadian National’s customer base and adversely impact its growth prospects, unless resolved quickly.

In March 2018, Canadian National also announced a change at its helm to primarily address the service issues. The new CEO (interim) — Jean-Jacques Ruest — has apologized to its customers for the service woes and promised an improvement on the service front. However, in case the management change fails to yield the desired results, the stock might be hurt further.

Deterioration in operating ratio (defined as operating expenses as a percentage of revenues) due to high labor and fuel costs also does not bode well for the stock. Canadian National’s high debt levels raise concerns as well.

Furthermore, the stock has a VGM Score of C, which too highlights its unattractiveness. Here V stands for Value, G for Growth and M for Momentum and the score is a weighted combination of these three scores.

Such a score allows investors to eliminate the negative aspects of stocks and select winners. However, it is important to keep in mind that each Style Score will carry a different weight while arriving at a VGM Score.

Zacks Rank & Key Pick

Canadian National carries a Zacks Rank #3 (Hold). A better-ranked stock in the broader Zacks Transportation sector is FedEx Corporation FDX, carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Shares of FedEx have gained 14.5% over the last six months.

Will You Make a Fortune on the Shift to Electric Cars?
 

Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.

With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.

It's not the one you think.

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Canadian National Railway Company (CNI): Free Stock Analysis Report
 
Canadian Pacific Railway Limited (CP): Free Stock Analysis Report
 
Halliburton Company (HAL): Free Stock Analysis Report
 
FedEx Corporation (FDX): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research]]>
http://so-l.ru/news/y/2018_03_21_canadian_national_cni_declines_11_in Wed, 21 Mar 2018 18:32:00 +0300
<![CDATA[GE Transportation Gets 225 Orders for Modernized Locomotives]]> GE Transportation, one of the operating segments of General Electric Company GE, announced that it has secured orders for 225 refurbished locomotives from several North American railroads in 2018, without disclosing the names of its clients.

GE will also deliver 80 and 100 modernized locomotives previously ordered by Canadian Pacific Railway Limited CP and Norfolk Southern Corporation NSC, respectively throughout the year. With an increase in production schedule with a surge in demand, GE’s one million square-foot facility in Fort Worth is now the world’s largest locomotive modernization facility. The latest orders show that major railroads are seeking to control costs by refurbishing old machinery instead of purchasing new engines.

The modernization program is aimed at updating aging locomotives, some more than 20 years old, with customized solutions. These range from simple changes including control system upgrades to complex restorations such as the comprehensive transformation of an aged DC locomotive into an AC locomotive with state-of-the-art digital technology.  

GE Transportation targets to increase the asset value of locomotives over their lifecycle through the upgrades and optimize future growth opportunities for its customers. Modernizations also extend the service life of locomotives by approximately 20 years. Customers have also experienced substantial outcomes from the program, including up to 10% fuel efficiency gains, 40% increase in reliability and 50% increase in haulage ability.  On the cost front, the whole process is cheaper than buying a new one.

This modernization program of GE Transportation has transformed more than 2,000 locomotives for customers worldwide in the last decade, including the majority of Class 1 Railroads in North America as well as international customers. These modernizations help to realize more value out of existing locomotive assets.

According to chief executive officer, John Flannery, GE intends to exit at least $20 billion in operations to improve its financial performance. The company continues to explore options for its transportation unit, lighting division and healthcare information technology business.

GE has underperformed the industry in the last three months, losing 22.1% on an average compared with a decline of 5.3% for the latter. Moving forward, the company intends to focus on three core segments — power, aviation and healthcare equipment — which require advanced hi-tech products with a high degree of reliability. These products generate higher margins and are likely to contribute to long-term growth, thus lifting shares up. 

 

General Electric carries a Zacks Rank #4 (Sell).

A better-ranked stock in the industry is Leucadia National Corporation LUK, sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Leucadia has an expected long-term earnings growth rate of 18%. It exceeded earnings estimates thrice in the trailing four quarters with an average of 6.6%.     

Will You Make a Fortune on the Shift to Electric Cars?

Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.

With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.

It's not the one you think.

See This Ticker Free >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Norfolk Southern Corporation (NSC): Free Stock Analysis Report
 
Canadian Pacific Railway Limited (CP): Free Stock Analysis Report
 
Leucadia National Corporation (LUK): Free Stock Analysis Report
 
General Electric Company (GE): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research]]>
http://so-l.ru/news/y/2018_03_21_ge_transportation_gets_225_orders_for_mo Wed, 21 Mar 2018 17:56:00 +0300
<![CDATA[Filling the Sweet 16 Brackets With Top-Ranked Stocks]]> The frenzy for the National Collegiate Athletic Association (NCAA) Men's Division I Basketball Tournament is not limited to the sports space but spreads to the investment world as it fuels growth in various corners. As such, millions of Americans are seeking to capitalize this opportunity by enthusiastically filling in the brackets that could lead to handsome returns from the stocks to be wagered on.

Popularly hailed as “March Madness,” the NCAA is underway with the champion slated to be crowned on April 2, at Alamodome in San Antonio, TX. Since the basketball tournament has advanced to the Sweet Sixteen level (to be played on Mar 22), let’s fill in 16 stock brackets first and then compare those like we do for March Madness to get to the real winner.

How to Pick Sweet 16 Stocks

Akin to the basketball championship, we have chosen four sectors – retail and wholesale, computer and technology, business services and basic materials – out of 16 Zacks sectors that have outperformed over the past one year. We have picked the four best industries (within the top 45%) from each sector with the help of the Zacks Industry Rank.

Then, we picked one stock from each industry having a Zacks Rank #1 (Strong Buy) or 2 (Buy) with the highest market capitalization in order to get the Sweet Sixteen stocks. Top-ranked stocks indicate rising earnings estimates, and those with strong earnings momentum are more likely to outpace the market. This was a cakewalk all thanks to the Zacks Stock Screener. You can see the complete list of today’s Zacks #1 Rank stocks here.

Once the stocks are chosen, one-year performance was considered for the qualifiers to the Elite Eight. Notably, the stocks with the highest industry ranks will matchup with the stocks having low industry ranks.

Retail and Wholesale

The four top industries and their best stocks in the retail and wholesale sector are as follows:

1.    Retail -Regional Department Stores: Rank in the top 1%; Stock – Kohl's Corporation KSS
2.    Retail - Computer Hardware: Rank in the top 12%; Stock – PC Connection Inc. CNXN
3.    Automotive - Retail and Whole Sales: Rank in the top 18%; Stock – Penske Automotive Group Inc. PAG
4.    Retail - Consumer Electronics: Rank in the top 27%; Stock – Conn's Inc. CONN

KSS vs. CONN: Conn's edged past Kohl's with a gain of 299% versus 70% for the latter.
CNXN vs. PAG: Penske Automotive has shed 4.2%, lower than 7.8% shed by PC Connection in the same period.

Computer and Technology

The four top industries and their best stocks in the computer and technology sector are as follows:

1.    Semiconductor Memory: Rank in the top 0%; Stock – Micron Technology Inc. MU
2.    Semiconductor Equipment - Wafer Fabrication: Rank in the top 2%; Stock – Applied Materials Inc. AMAT
3.    Electronics - Testing Equipment: Rank in the top 6%; Stock – Fortive Corporation FTV
4.    Semiconductor - General: Rank in the top 10%; Stock – Intel Corporation INTC

MU vs. INTC: Here, Micron Technology easily outpaced Intel as it gained about 135% in a year compared with 46% growth for INTC.
AMAT vs. FTV: Applied Materials is clearly the winner as it has returned nearly 53% in a year versus a gain of 34% for Fortive.

Business Services

The four top industries and their best stocks in the business services sector are as follows:

1.    Auction and Valuation Services: Rank in the top 5%; Stock – Copart Inc. CPRT
2.    Government Services: Rank in the top 7%; Stock – Maximus Inc. MMS
3.    Staffing Firms: Rank in the top 10%; Stock – ManpowerGroup MAN
4.    Business - Information Services: Rank in the top 12%; Stock – S&P Global Inc. SPGI

CPRT vs. SPGI: Here, CPRT wins over SPGI as it has returned 67% in a year versus a gain of 52% for the latter.
MMS vs. MAN: Manpower beats Maximus in the same period, gaining 20% against 10% for MMS.

Basic Materials

The four top industries and their best stocks in the basic materials sector are as follows:

1.    Agriculture - Products: Rank in the top 4%; Stock – Cal-Maine Foods Inc. CALM
2.    Steel - Speciality: Rank in the top 5%; Stock – Allegheny Technologies Incorporated ATI
3.    Paper and Related Products: Rank in the top 7%; Stock – Fibria Celulose S.A. FBR
4.    Mining - Iron: Rank in the top 7%; Stock – VALE S.A. VALE

CALM vs. VALE: VALE wins over Cal-Maine Foods by a wide margin of 10% over the past one year.
ATI vs. FBR: Fibria Celulose easily defeated Allegheny Technologies by climbing 112% versus 49% gain for the latter.

The winners of each industry group will compete against each other in the Elite Eight.

Elite Eight (March 25)

Among the eight winning stocks, the highest average positive earnings surprise over the past four quarters was used to decide the winners of each sector that should advance to the Final Four.

CONN vs. PAG: Conn's has seen average positive earnings surprise of 493.18% versus 2.41% for Penske Automotive. Hence, CONN wins over PAG.

MU vs. AMAT: Micron Technology wins with an average positive earnings surprise of 10.24% over the past four quarters against 4.76% for Applied Materials.

CPRT vs. MAN: Copart wins over Manpower, as its average beat of 16.57% is much higher than that of 2.72% for MAN.

VALE vs. FBR: Here, VALE is the winner with average positive earnings surprise of 12.60% as compared with negative surprise of 54.12% for Fibria Celulose.

Final Four (March 31)

We now have the best stocks in the four sectors. To advance to the next level, we have considered the year-over-year earnings growth for fiscal 2018. Let us once again dig into the Zacks Industry Rank of the four stocks to decide the contenders.

Conn's Inc. (CONN) – Zacks Industry Rank in the top 27%
Micron Technology Inc. (MU) – Zacks Industry Rank in the top 0%
Copart Inc. (CPRT) – Zacks Industry Rank in the top 5%
VALE S.A. (VALE) – Zacks Industry Rank in the top 7%

So in the matchups, we have Micron Technology and Conn's on one side, and Copart and VALE on the other.

Micron Technology Inc. (MU) vs. Conn's Inc. (CONN): Micron Technology earnings are expected to grow 114.31% while Conn's will likely see 174.62% growth. With a higher projected earnings growth rate, CONN wins and advances toward the final round to take on the winner of CRPT vs. VALE.

Copart Inc. (CPRT) vs. VALE S.A. (VALE): Here, earnings at Copart are expected to grow 34.88% while VALE earnings will see growth of 1.35%. As a result, CPRT wins and will again matchup with Conn's Inc. for the championship.

The Championship (April 2)

Let’s look at our VGM Score (V stands for Value, G for Growth and M for Momentum), which is simply a weighted combination of the three. The VGM score when combined with a Zacks Rank #1 or 2 offer the best upside potential with a frenzy of cheap price, robust growth and strong momentum.

Conn's Inc. finally wins over Copart Inc. with a VGM Score of A against D for the latter.

Result

Based on our internal research and metrics, Conn's, having a Zacks Rank #1 and a VGM Score of A, has emerged as the winner of the 2018 March Madness contest and could be a top bet for this year. While it was exciting and fun to dribble toward the winning stock, we expect the twists and turns in the NCAA tournament to lead to some dramatic moves in the investment world.

Will You Make a Fortune on the Shift to Electric Cars?

Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge. With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research. It's not the one you think.

See This Ticker Free >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
S&P Global Inc. (SPGI): Free Stock Analysis Report
 
Penske Automotive Group, Inc. (PAG): Free Stock Analysis Report
 
Cal-Maine Foods, Inc. (CALM): Free Stock Analysis Report
 
VALE S.A. (VALE): Free Stock Analysis Report
 
Fibria Celulose S.A. (FBR): Free Stock Analysis Report
 
Conn's, Inc. (CONN): Free Stock Analysis Report
 
Kohl's Corporation (KSS): Free Stock Analysis Report
 
PC Connection, Inc. (CNXN): Free Stock Analysis Report
 
Allegheny Technologies Incorporated (ATI): Free Stock Analysis Report
 
Intel Corporation (INTC): Free Stock Analysis Report
 
Micron Technology, Inc. (MU): Free Stock Analysis Report
 
Applied Materials, Inc. (AMAT): Free Stock Analysis Report
 
Fortive Corporation (FTV): Free Stock Analysis Report
 
ManpowerGroup (MAN): Free Stock Analysis Report
 
Canadian Pacific Railway Limited (CP): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research]]>
http://so-l.ru/news/y/2018_03_21_filling_the_sweet_16_brackets_with_top_r Wed, 21 Mar 2018 16:27:00 +0300
<![CDATA[General Electric announces 225 orders for refurbished locomotives]]> General Electric announces 225 orders for refurbished locomotivesGE also said in a statement that it will deliver 80 modernized locomotives previously ordered by Canadian Pacific railway Co and 100 to Norfolk Southern Corp in 2018. General Electric Chief Executive Officer John Flannery said in November that GE would exit at least $20 billion in operations to improve its financial performance. GE will make varying upgrades to aging locomotives - some more than 20 years old - such as improvements to control systems or electrical circuitry.


]]> http://so-l.ru/news/y/2018_03_20_general_electric_announces_225_orders_fo Tue, 20 Mar 2018 23:47:25 +0300 <![CDATA[The Zacks Analyst Blog Highlights: Apple, Adobe, Canadian National, Kellogg and Delta Air Lines]]> For Immediate Release

Chicago, IL – March 20, 2018 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Apple AAPLAdobe ADBE, Canadian National CNI, Kellogg K and Delta Air Lines DAL.

Here are highlights from Monday’s Analyst Blog:

Top Stock Reports for Apple, Adobe and Canadian National

The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Apple, Adobe and Canadian National. These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.

Apple’s shares are up +25.8% in the last year, outperforming the S&P 500 (up +16.2%) and the Zacks Technology sector (up +23.6%). The company is benefiting from iPhone X’s higher average selling price (ASP). The Services segment has become the new cash cow of the company.

Going forward, the Zacks analyst thinks Apple’s foray into fast-growing technologies like autonomous vehicle, artificial intelligence (AI) & AR/VR will drive growth. Moreover, Apple’s new investment plan will boost its subscription-based services business and put an end to the criticism it is facing for not creating enough jobs in the United States.

Apple is reportedly developing its own next-generation MicroLED screens, which will reduce its dependency on Asia-based display screen providers. Additionally, impressive cash balance, post-tax reforms, is expected to boost shareholder value. However, the sluggish demand for iPhone X remains a concern amid intensifying competition.

Shares of Buy-rated Adobe have gained +78.6% in the last one year, outperforming the Zacks Software industry which has increased +36.1% over the same period. Adobe reported strong fiscal first-quarter results driven by demand for the company’s innovative solutions and growing subscriptions for its cloud application.

Adobe has been making great strides toward establishing its presence in cloud-related software areas such as documents and marketing. Adobe Experience Manager, which enables brands to offer a personalized experience, is also witnessing robust growth.

The Zacks analyst remains optimistic about Adobe’s market position, compelling product lines, continued innovation, solid adoption of Creative Cloud and Adobe marketing cloud. However, end-market recovery appears slow, which remains a matter of concern.

Canadian National’s shares have gained +2.2% over the last one year, underperforming the Zacks Rail industry which gained +19.4% over the same period. The company has also underperformed Canadian Pacific Railway’s shares that have gained 21.5% in the same time period. In fact, the company has been facing a number of challenges related to network congestion recently, which have hurt its operational performance.

These operational issues might affect its customer base, thus adversely impacting company’s growth prospects. The company announced a change at the helm in order to primarily address the service issues. Deterioration in operating ratio due to high labor and fuel costs also does not bode well for the stock.

Moreover, Canadian National’s high debt levels remain potent threats. However, overall volume growth backed by impressive performances at some of its key units is encouraging. The Zacks analyst is also impressed by the 10% dividend hike announced by the company in January 2018.

Other noteworthy reports we are featuring today include Kellogg and Delta Air Lines.

More Stock News: This Is Bigger than the iPhone!

It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.

Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.

Click here for the 6 trades >>

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http://www.zacks.com                                                   

Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Delta Air Lines, Inc. (DAL): Free Stock Analysis Report
 
Canadian National Railway Company (CNI): Free Stock Analysis Report
 
Apple Inc. (AAPL): Free Stock Analysis Report
 
Adobe Systems Incorporated (ADBE): Free Stock Analysis Report
 
Kellogg Company (K): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research]]>
http://so-l.ru/news/y/2018_03_20_the_zacks_analyst_blog_highlights_apple Tue, 20 Mar 2018 15:13:00 +0300
<![CDATA[Top Stock Reports for Apple, Adobe & Canadian National]]> Monday, March 19, 2018

The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Apple (AAPL), Adobe (ADBE) and Canadian National (CNI). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.

You can see all of today’s research reports here >>>

Apple’s shares are up +25.8% in the last year, outperforming the S&P 500 (up +16.2%) and the Zacks Technology sector (up +23.6%). The company is benefiting from iPhone X’s higher average selling price (ASP). The Services segment has become the new cash cow of the company.

Going forward, the Zacks analyst thinks Apple’s foray into fast-growing technologies like autonomous vehicle, artificial intelligence (AI) & AR/VR will drive growth. Moreover, Apple’s new investment plan will boost its subscription-based services business and put an end to the criticism it is facing for not creating enough jobs in the United States.

Apple is reportedly developing its own next-generation MicroLED screens, which will reduce its dependency on Asia-based display screen providers. Additionally, impressive cash balance, post-tax reforms, is expected to boost shareholder value. However, the sluggish demand for iPhone X remains a concern amid intensifying competition.

(You can read the full research report on Apple here >>>).

Shares of Buy-rated Adobe have gained +78.6% in the last one year, outperforming the Zacks Software industry which has increased +36.1% over the same period. Adobe reported strong fiscal first-quarter results driven by demand for the company’s innovative solutions and growing subscriptions for its cloud application.

Adobe has been making great strides toward establishing its presence in cloud-related software areas such as documents and marketing. Adobe Experience Manager, which enables brands to offer a personalized experience, is also witnessing robust growth.

The Zacks analyst remains optimistic about Adobe’s market position, compelling product lines, continued innovation, solid adoption of Creative Cloud and Adobe marketing cloud. However, end-market recovery appears slow, which remains a matter of concern.

(You can read the full research report on Adobe here >>>).

Canadian National’s shares have gained +2.2% over the last one year, underperforming the Zacks Rail industry which gained +19.4% over the same period. The company has also underperformed Canadian Pacific Railway’s shares that have gained 21.5% in the same time period. In fact, the company has been facing a number of challenges related to network congestion recently, which have hurt its operational performance.

These operational issues might affect its customer base, thus adversely impacting company’s growth prospects. The company announced a change at the helm in order to primarily address the service issues. Deterioration in operating ratio due to high labor and fuel costs also does not bode well for the stock.

Moreover, Canadian National’s high debt levels remain potent threats. However, overall volume growth backed by impressive performances at some of its key units is encouraging. The Zacks analyst is also impressed by the 10% dividend hike announced by the company in January 2018.

(You can read the full research report on Canadian National here >>>).

Other noteworthy reports we are featuring today include Roche (RHHBY), Kellogg (K) and Delta Air Lines (DAL).

More Stock News: This Is Bigger than the iPhone!

It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.

Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.

Click here for the 6 trades >>

Mark Vickery

Senior Editor

Note: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz publishes a new article, please click here>>>

Featured Reports

Vulcan's (VMC) Buyout Drive Strong, Inclement Weather Hurts

The Zacks analyst stresses that Vulcan's systematic inorganic strategy for expansion are encouraging. However, seasonal influences on construction activity weighs on the company's performance.

Expanding Market Aids First Solar (FSLR), Trump Policies Ail

Per the Zacks analyst, expanding global solar market is boosting First Solar's growth prospects. But Trump's decision to repeal Clean Power Plan and withdrawal from Paris accord are concerns.

Solid CapEx Plan, Cash Reserve Aid CenterPoint Energy (CNP)

Per the Zacks analyst, solid investment initiatives will help CenterPoint Energy to upgrade infrastructure and improve reliability. Its solid cash position enables it to make such huge investments.

Delta (DAL) Buoyed by Unit Revenue Growth, High Costs Ail

The Zacks analyst likes Delta's performance with respect to unit revenues. Efforts to reward shareholders are also encouraging.

Kidney Care Segment Boosts DaVita's (DVA) Prospects

The Zacks analyst is bullish on DaVita's impressive results from the Kidney Care business lately.

ABM Industries (ABM) Rides on Portfolio Rationalization

Per the Zacks analyst, ABM remains focused on driving sustainable profitability by effectively allocating resources to high margin services and business verticals with a strong competitive edge.

Acquisitions Aid Acadia Healthcare's (ACHC) Revenue Growth

Per the Zacks analyst, Acadia Healthcare has been emphasizing on acquisitions for expedited growth.

New Upgrades

New Approvals & Label Expansion of Drugs Boost Roche (RHHBY)

Per the Zacks analyst, new drug approvals like Hemlibra and label expansion of key drugs, Perjeta, Tecentriq and Alecensa should drive growth for Roche and help it combat the threat from biosimilars.

Arisure System & oXIRIS set CRRT Launch Aid Baxter (BAX)

The Zacks analyst is bullish on Baxter's launch of the Arisure Closed System Transfer device and oXIRIS set for continuous renal replacement therapy (CRRT) in Europe, Middle East and Africa.

Loan Growth Along With Higher Rates To Aid JPMorgan (JPM)

Per the Zacks analyst, JPMorgan's net interest income as well as net interest margin is expected to improve further given the continued rise in interest rates along with steady loan growth.

New Downgrades

Unfavorable Client Mix, Lower Retention Hurts Paychex (PAYX)

Paychex's client mix is skewing toward smallcompanies where intense competition has pressurized payroll margins, making it difficult to retain clients. This is a major concern for the Zacks analyst.

Kellogg (K) Sales Struggle Amid Soft U.S. Market

Kellogg has been struggling to raise sales with 2017 net sales declining 2.6% due to weak demand in its developed cereals market and U.S. snacks businesses, per the Zacks analyst.

Higher Input Costs, R&D Spend Hurt Lincoln Electric (LECO)

Per the Zacks analyst, raw material inflation and higher year-over-year R&D spending will dent Lincoln Electric's margins.


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Roche Holding AG (RHHBY): Free Stock Analysis Report
 
Kellogg Company (K): Free Stock Analysis Report
 
Delta Air Lines, Inc. (DAL): Free Stock Analysis Report
 
Canadian National Railway Company (CNI): Free Stock Analysis Report
 
Adobe Systems Incorporated (ADBE): Free Stock Analysis Report
 
Apple Inc. (AAPL): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research]]>
http://so-l.ru/news/y/2018_03_19_top_stock_reports_for_apple_adobe_can Mon, 19 Mar 2018 21:53:00 +0300
<![CDATA[Why Is Canadian Pacific (CP) Up 1.8% Since Its Last Earnings Report?]]> More than a month has gone by since the last earnings report for Canadian Pacific Railway Limited CP. Shares have added about 1.8% in that time frame, outperforming the market.

Will the recent positive trend continue leading up to its next earnings release, or is CP due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.

Fourth Quarter Earnings

Canadian Pacific's earnings (excluding $2.79 from non-recurring items) of $2.54 per share (C$3.22) were below the Zacks Consensus Estimate of $2.57. However, the bottom line improved 11.4% from the year-ago figure.

Quarterly revenues increased 10% year over year to $1,348.9 million (C$1,713) but fell short of the Zacks Consensus Estimate of $1,357.5 million. Freight revenues, which improved 4.4% year over year, accounted for bulk (97.3%) of the top line.

Notably, the company's freight segment consists of Grain (down 3%), Coal (up 1%), Potash (up 5%), Sulfur and Fertilizer (down 9%), Forest products (flat), Energy, Chemicals and Plastics (up 15%), Metals, Minerals and Consumer products (up 26%), Automotive (down 13%) and Intermodal (up 7%). In the reported quarter, total freight revenues per revenue ton miles (RTMs) were constant year over year. Also, freight revenues per car load remained unchanged year over year.

Operating income (on an adjusted basis) climbed 5% in the fourth quarter. Operating ratio (operating expenses as a percentage of revenues on an adjusted basis) came in at 56.1% compared with 56.2% a year ago.

2018 Forecast

While Canadian Pacific anticipates revenues to increase in mid-single digits for 2018, adjusted EPS is projected to rise in low double-digits. The company’s predictions for 2018 adjusted EPS are on the basis of C$11.39 — the adjusted EPS achieved in 2017.

Furthermore, the company expects effective tax rate in 2018 to lie between 24.5% and 25%. With the company’s continued investments in service, productivity and safety, it plans to invest $1.35-$1.5 billion in capital programs in the current year.

Liquidity

The company exited the final quarter of 2017 with cash and cash equivalents of C$338 million compared with C$164 million at the end of 2016. Long-term debt totaled C$7,413 million compared with C$8,659 million in December 2016.

How Have Estimates Been Moving Since Then?

It turns out, fresh estimates flatlined during the past month. There has been one revision higher for the current quarter compared to one lower. While looking back an additional 30 days, we can see  upward momentum. There have been three moves up in the last two months.

 

VGM Scores

At this time, CP has a subpar Growth Score of D, however its Momentum is doing a bit better with a C. Following the exact same course, the stock was also allocated a grade of C on the value side, putting it in the middle 20% for this investment strategy.

Overall, the stocks has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in.

Zacks' style scores indicate that the company's stock is suitable for value and momentum investors.

Outlook

CP has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Canadian Pacific Railway Limited (CP): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research]]>
http://so-l.ru/news/y/2018_02_19_why_is_canadian_pacific_cp_up_1_8_sin Mon, 19 Feb 2018 12:17:00 +0300
<![CDATA[Canadian Pacific Railway declares CAD 0.5625 dividend]]> http://so-l.ru/news/y/2018_02_15_canadian_pacific_railway_declares_cad_0 Thu, 15 Feb 2018 21:58:40 +0300 <![CDATA[The Zacks Analyst Blog Highlights: Broadcom, Canadian National, CVS Health, Aflac and DXC Technolog]]> For Immediate Release

Chicago, IL – Feb 14, 2018 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Broadcom AVGO, Canadian National CNI, CVS Health CVS, Aflac AFL and DXC Technology DXC.

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.

Here are highlights from Tuesday’s Analyst Blog:

Top Analyst Reports for Broadcom, Canadian National and CVS Health

The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Broadcom, Canadian National and CVS Health. These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.

You can see all of today’s research reports here >>>

Buy-rated Broadcom’s shares have handily beaten the technology sector as well as the red-hot semiconductor space over the last one year, gaining +19%. Broadcom is benefiting from strong demand of its wireless solutions and expanding product portfolio, which makes it well-positioned to address the needs of rapidly growing technologies like IoT and 5G.

Broadcom has recently inked financing agreements with various institutions to fund Qualcomm’s proposed takeover. If completed, then this deal will make it the third-largest chipmaker, behind Intel and Samsung. The company also has strong ties with leading OEMs across multiple target markets that will help it to gain key insights into the requirements of customers.

Moreover, the upcoming launch of the next generation WiFi products is expected to be a growth driver for the segment. However, customer concentration, intensifying competition, integration risks due to frequent acquisitions and leverage balance sheet are key headwinds.

(You can read the full research report on Broadcom here >>>).

Shares of Canadian National have gained +7.4% over the last one year, but failed to outperform the Zacks Rail industry which gained +12.9% over the same period. Also, the company has underperformed Canadian Pacific Railway’s shares that have gained 17.6% in the same time period.

Adding to its woes, Canadian National reported lower-than-expected earnings per share and revenues in the fourth quarter of 2017. Deterioration in operating ratio owing to high labor and fuel costs also raise concerns. However, the volume growth witnessed in the quarter raises optimism.

The year-over-year increase in revenues and earnings per share bodes well for the stock as well. Moreover, the Zacks analyst is impressed by the 10% dividend hike announced by the company in January 2018.

(You can read the full research report on Canadian National here >>>).

CVS Health’s shares have been trading above the Zacks Drug Stores industry over the last year losing -11.2% vs. a decline of -16.7%. CVS Health ended the year 2017 on a solid note with a better-than-expected fourth-quarter performance.

The year-over-year growth in the top line was driven by a strong Pharmacy Services segment, benefiting from the upside in the specialty services. CVS Health’s strong 2018 PBM selling season is another upside. The Zacks analyst is also looking forward to an upbeat 2019 selling season.

Also, CVS Health’s plan to acquire Aetna might change the Healthcare landscape in the United States. On the flip side, the company has been suffering from softness in Retail/LTC business and a weak margin scenario. However, year-over-year Retail/LTC comparisons were still unimpressive. A weak margin scenario continues to put pressure on the bottom line.

(You can read the full research report on CVS Health here >>>).

Other noteworthy reports we are featuring today include Aflac and DXC Technology.

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1 Stock of the Day pick for free.

About Zacks Equity Research

Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.

Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.

Strong Stocks that Should Be in the News

Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year.See these high-potential stocks free >>.

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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Canadian National Railway Company (CNI): Free Stock Analysis Report
 
Broadcom Limited (AVGO): Free Stock Analysis Report
 
Aflac Incorporated (AFL): Free Stock Analysis Report
 
CVS Health Corporation (CVS): Free Stock Analysis Report
 
DXC Technology Company. (DXC): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research]]>
http://so-l.ru/news/y/2018_02_14_the_zacks_analyst_blog_highlights_broad Wed, 14 Feb 2018 17:13:00 +0300
<![CDATA[Top Analyst Reports for Broadcom, Canadian National & CVS Health]]> Tuesday, February 13, 2018

The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Broadcom (AVGO), Canadian National (CNI) and CVS Health (CVS). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.

You can see all of today’s research reports here >>>

Buy-rated Broadcom’s shares have handily beaten the technology sector as well as the red-hot semiconductor space over the last one year, gaining +19%. Broadcom is benefiting from strong demand of its wireless solutions and expanding product portfolio, which makes it well-positioned to address the needs of rapidly growing technologies like IoT and 5G.

Broadcom has recently inked financing agreements with various institutions to fund Qualcomm’s proposed takeover. If completed, then this deal will make it the third-largest chipmaker, behind Intel and Samsung. The company also has strong ties with leading OEMs across multiple target markets that will help it to gain key insights into the requirements of customers.

Moreover, the upcoming launch of the next generation WiFi products is expected to be a growth driver for the segment. However, customer concentration, intensifying competition, integration risks due to frequent acquisitions and leverage balance sheet are key headwinds.

(You can read the full research report on Broadcom here >>>).

Shares of Canadian National have gained +7.4% over the last one year, but failed to outperform the Zacks Rail industry which gained +12.9% over the same period. Also, the company has underperformed Canadian Pacific Railway’s shares that have gained 17.6% in the same time period.

Adding to its woes, Canadian National reported lower-than-expected earnings per share and revenues in the fourth quarter of 2017. Deterioration in operating ratio owing to high labor and fuel costs also raise concerns. However, the volume growth witnessed in the quarter raises optimism.

The year-over-year increase in revenues and earnings per share bodes well for the stock as well. Moreover, the Zacks analyst is impressed by the 10% dividend hike announced by the company in January 2018.

(You can read the full research report on Canadian National here >>>).

CVS Health’s shares have been trading above the Zacks Drug Stores industry over the last year losing -11.2% vs. a decline of -16.7%. CVS Health ended the year 2017 on a solid note with a better-than-expected fourth-quarter performance.

The year-over-year growth in the top line was driven by a strong Pharmacy Services segment, benefiting from the upside in the specialty services. CVS Health’s strong 2018 PBM selling season is another upside. The Zacks analyst is also looking forward to an upbeat 2019 selling season.

Also, CVS Health’s plan to acquire Aetna might change the Healthcare landscape in the United States. On the flip side, the company has been suffering from softness in Retail/LTC business and a weak margin scenario. However, year-over-year Retail/LTC comparisons were still unimpressive. A weak margin scenario continues to put pressure on the bottom line.

(You can read the full research report on CVS Health here >>>).

Other noteworthy reports we are featuring today include Aflac (AFL), Marathon Petroleum (MPC) and DXC Technology (DXC).

The Hottest Tech Mega-Trend of All

Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

See Zacks' 3 Best Stocks to Play This Trend >>

Mark Vickery

Senior Editor

Note: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz publishes a new article, please click here>>>

Featured Reports

Hershey (HSY) Fights Sales Slump With Cost Saving Initiatives

The Zacks analyst views Hershey's cost cutting initiatives and productivity investments as effective hedges against a weak top-line performance.

Marathon (MPC) to Benefit from Accretive Dropdown to MPLX

The Zacks analyst believes that Marathon Petroleum's decision to drop down assets worth $8.1 billion to its midstream partnership MPLX will boost its cash flows, fueling buybacks and higher dividends.

Solid Balance Sheet, Strong U.S. Business Aids Aflac (AFL)

Per the Zacks analyst, Aflac U.S. segment continues to perform strongly and have led to top line growth.

Diversified Revenues Aid Fifth Third (FITB), High Costs A Woe

The covering analyst believes Fifth Third's growth has been aided by diversified revenue sources, easing margin pressure and rising deposit balances.

Seagate (STX) Banks on NAND Supply Deal & Product Rollouts

Per the Zacks analyst, Seagate's recent NAND-supply deal with Toshiba will help it in developing advanced HDD, SSD and hybrid solutions.

Nasdaq (NDQA) to Grow On Higher Non-Transaction Revenue Base

Per the Zacks analyst Nasdaq is set to grow as it accelerates growth via organic means and prudent acquisitions.

DXC Technology (DXC) Gains From Merger, Alliances & Buyouts

Per the Zacks analyst, merger synergies, partnerships with AT&T and HCL and acquisitions of the likes of Tribridge and Logicalis SMC are fueling DXC Technology's growth.

New Upgrades

Project CONNECT to Drive Columbia Sportswear (COLM) Results

Per the Zacks analyst, Columbia Sportswear is set to gain from Project CONNECT. This aims at enhancing revenues and marketing processes, capturing cost of sales efficiencies, and lowering SG&A costs.

Turnaround Efforts, International Revenues Aid Viacom (VIAB)

The Zacks analyst is impressed by the company's performance on the international front. Efforts to revive its fortunes under CEO Bob Bakish are also impressive.

Expanding Clientele, Portfolio Strength Drives Fiserv (FISV)

Per the Zacks analyst, Fiserv benefits from its expanding customer base, strong product portfolio and higher recurring revenues.

New Downgrades

Domtar (UFS) Remains Plagued by Continued Brexit Woes

Per the Zacks analyst, the revamped market dynamics following Brexit are expected to affect firms like Domtar that has significant presence in the U.K., lowering its productivity.

High Rental Unit Supply to Hurt Mid-America Apartment (MAA)

Per the Zacks analyst, elevated supply of residential units in Mid-America Apartment's key markets is expected to moderate rent growth and affect occupancy levels of its properties.

Volatile Spot Market Prices to Hurt American Electric (AEP)

The Zacks analyst believes volatile power prices in spot market and lower than expected rate revision for regulated utilities could adversely impact American Electric's margins and revenues


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Marathon Petroleum Corporation (MPC): Free Stock Analysis Report
 
DXC Technology Company. (DXC): Free Stock Analysis Report
 
CVS Health Corporation (CVS): Free Stock Analysis Report
 
Canadian National Railway Company (CNI): Free Stock Analysis Report
 
Broadcom Limited (AVGO): Free Stock Analysis Report
 
Aflac Incorporated (AFL): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research]]>
http://so-l.ru/news/y/2018_02_14_top_analyst_reports_for_broadcom_canadi Wed, 14 Feb 2018 01:51:00 +0300
<![CDATA[Frontrunning: February 1]]>
  • Republican memo likely to be released Thursday -Trump administration official (Reuters)
  • Ex-Trump Aide Page Was on U.S. Counterintelligence Radar for Years (WSJ)
  • FBI Knew of Clinton Emails Weeks Before Alerting Congress (WSJ)
  • Facebook Reversal Lifts Markets, Though FAANG Jitters Linger (BBG)
  • How trade disputes could hurt U.S. pork exports (Reuters)
  • Dollar weakens after Fed bounce proves short-lived (Reuters)
  • Bitcoin skids to lowest since November after worst month in three years (Reuters)
  • Worries Grow That the Price of Bitcoin Is Being Propped Up (NYT)
  • How GE Went From American Icon to Astonishing Mess (BBG)
  • Deluge of Influenza Patients Forces Hospitals to Creatively Cope (WSJ)
  • A $1.5 Trillion Question in Trump’s Public Works Plan: Who Pays?  (BBG)
  • Insurers gingerly test bitcoin business with heist policies (Reuters)
  • Bored With Banking, This Former Citi Trader Went Full Crypto (BBG)
  • U.S. says military option not believed to be close for solving North Korea crisis (Reuters)
  • How J.D. Power Was Acquired by a Chinese Company Shrouded in Mystery (WSJ)
  • A Bitcoin Conference Rented a Miami Strip Club—And Regretted It (BBG)
  • Capitec Report: Was There Insider Trading? (Huffpost)
  • Overnight Media Digest

    WSJ

    - UK Prime Minister Theresa May arrived in Beijing on Wednesday to beat the drum for deepening trade ties and showcase her country's global ambitions, a visit clouded by simmering discord at home over her handling of Brexit negotiations. on.wsj.com/2no6mvJ

    - Pandora Media Inc will lay off 5 percent of its workforce as the internet radio company tries to rein in costs while investing in advertising technology and efforts to woo back listeners. on.wsj.com/2nqrxgK

    - German media giant Bertelsmann SE on Wednesday announced it is seeking to unload one of its largest businesses which has struggled to grow in a full or partial sale. on.wsj.com/2nqiPyK

    - The FBI publicly urged U.S. President Donald Trump not to release a classified memo, escalating a simmering dispute over Republican allegations of improper surveillance in the probe examining whether Russia interfered in the 2016 election. on.wsj.com/2nnHSTq

    - Qualcomm Inc said Wednesday that it had reached a multiyear deal with Samsung Electronics Co Ltd that covers various areas including mobile devices. on.wsj.com/2npLe8i

    - Federal Reserve Chairwoman Janet Yellen concluded her final policy meeting Wednesday by holding interest rates steady and leaving it to her successor to decide whether to lift them more quickly to prevent the economy from overheating. on.wsj.com/2nriYSH

     

    FT

    - European Union banks will face the toughest “stress test” of their ability to withstand theoretical shocks this year, including the impact of Britain’s exit from the bloc, the EU’s banking watchdog said on Wednesday.

    - Brenda Fitzgerald, head of the leading U.S. public health agency, has resigned because of financial conflicts of interest that documents showed included purchases of tobacco and healthcare stocks while in office.

    - Britain’s government said on Wednesday it would hand over to parliament a leaked report that suggested Brexit would hurt the economy, trying to deflect accusations that ministers are badly prepared for leaving the European Union.

     

    NYT

    - Uber Technologies Inc will let certain users in San Francisco reserve pedal-assist electric bicycles through its app, with the idea that people will see the bicycles as a cheaper and faster alternative. (nyti.ms/2DRbkr7)

    - Xerox Corp on Wednesday said that it would combine operations with Fujifilm Holdings Corp of Japan. Under the deal, Fujifilm will own just over 50 percent of the Xerox business and Xerox will become part of an existing Fuji Xerox joint venture. (nyti.ms/2DRcNxD)

    - The U.S. Environmental Protection Agency Administrator Scott Pruitt on Wednesday filed the legal documents required to suspend the 2015 Waters of the United States rule for two years, while it works to repeal and replace the Obama-era clean water regulation. (nyti.ms/2E1Sv7Y)

    - German carmakers BMW and Daimler AG on Wednesday said that they had taken action against executives involved in an organization that sponsored emissions experiments on monkeys, as the companies tried to squelch a public outcry that threatens to tarnish the image of Germany's most important exports. (nyti.ms/2nuVI5y)

     

    Canada

    THE GLOBE AND MAIL

    ** A labour arbitrator has overturned the firing of a Canadian Pacific Railway Ltd conductor involved in the collision of two trains in midtown Toronto in 2016, saying the man's culpability was mitigated by the company's failure to provide adequate experience. tgam.ca/2BJdcQD

    ** Statistics Canada reported that the country's November real gross domestic product grew 0.4 percent month over month, the biggest one-month rise since May. tgam.ca/2BIG3ER

    NATIONAL POST
    ** Boeing Co's chief executive Dennis Muilenburg said the company is continuing discussions about a potential tie-up with Embraer SA, a deal some analysts say is more likely after a top U.S. trade body unexpectedly voted against the American aerospace company last week. bit.ly/2BIXm8w

    ** Aleksandr Abramov, non-executive chairman of Evraz Plc and Aleksandr Frolov, its CEO, are among people named in a list of wealthy Russians close to the Kremlin published by the United States. bit.ly/2BHmhtb

     

    Britain

     

     

     

    ]]>
    http://so-l.ru/news/y/2018_02_01_frontrunning_february_1 Thu, 01 Feb 2018 15:58:22 +0300
    <![CDATA[Company News For Jan 22, 2018]]>
  • Shares of 1st Source Corporation SRCE gained 2.2% after reporting fourth quarter 2017 revenues of $74 million, surpassing the Zacks Consensus Estimate of $71 million
  • Citizens Financial Group, Inc.’s CFG shares rallied 2.3% after posting fourth quarter 2017 earnings per share of $0.71, surpassing the Zacks Consensus Estimate of $0.67
  • Mellanox Technologies, Ltd.‘s MLNX shares increased 1% after reporting fourth quarter 2017 earnings per share of $0.48, surpassing the Zacks Consensus Estimate of $0.35
  • Shares of Canadian Pacific Railway Limited CP gained 2.5% after reporting fourth quarter 2017 earnings per share of $2.54, higher than $2.28 a share from the year-ago quarter

  • Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
     
    Canadian Pacific Railway Limited (CP): Free Stock Analysis Report
     
    1st Source Corporation (SRCE): Free Stock Analysis Report
     
    Mellanox Technologies, Ltd. (MLNX): Free Stock Analysis Report
     
    Citizens Financial Group, Inc. (CFG): Free Stock Analysis Report
     
    To read this article on Zacks.com click here.
     
    Zacks Investment Research]]>
    http://so-l.ru/news/y/2018_01_22_company_news_for_jan_22_2018 Mon, 22 Jan 2018 18:03:00 +0300
    <![CDATA[Will High Volumes Aid Canadian Pacific's (CP) Q4 Earnings?]]> Canadian Pacific Railway Limited CP is scheduled to report fourth-quarter 2017 results on Jan 18 after the market closes.

    Last quarter, the company reported in-line earnings and lower-than-expected revenues. However, both the bottom and the top line improved substantially from the year-ago figures.

    Let’s see how things shape up this earnings season.

    Why a Likely Positive Surprise?

    Our proven model shows that Canadian Pacific is likely to beat on earnings this quarter on the back of a perfect combination of the following two key ingredients:

    Zacks ESP: Canadian Pacific has an Earnings ESP of +0.27%. A positive Zacks ESP serves as an indicator of a likely positive earnings surprise. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

    Zacks Rank: Canadian Pacific carries a Zacks Rank #3 (Hold). Note that stocks with a favorable Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 have significantly higher chances of beating estimates.

    Conversely, Sell-rated stocks (#4 or 5) should never be considered going into an earnings announcement, especially when the company is witnessing negative estimate revisions.

    Canadian Pacific Railway Limited Price and EPS Surprise

     

    Canadian Pacific Railway Limited Price and EPS Surprise

    Canadian Pacific Railway Limited price-eps-surprise | Canadian Pacific Railway Limited Quote

    What is Driving the Better-than-Expected Earnings?

    The company’s cost-cutting efforts are expected to drive its bottom-line growth in the fourth quarter. This is likely to boost its operating ratio as well, similar to the previous quarter.

    Additionally, increased volumes are anticipated to buoy results in the quarter. Notably, the company raised guidance for 2017 on the back of increased volumes. Canadian Pacific now expects a double-digit rise in adjusted earnings per share for 2017 compared with C$10.29 in 2016.

    The improved coal scenario is a further positive, which is likely to benefit the top line in the to-be-reported quarter.

    Moreover, the company’s initiatives to reward investors through share buybacks and hiked dividend payments are impressive.

    However, declining revenues at the automotive and intermodal unit may hurt results in the quarter.

    Other Stocks to Consider

    Investors also interested in the broader Transportation sector may check out American Airlines Group, Inc. AAL, Spirit Airlines, Inc. SAVE and JetBlue Airways Corporation JBLU stocks comprising the right combination of elements to surpass estimates this time around:

    American Airlines has an Earnings ESP of +1.27% and a Zacks Rank of 3. The company will report fourth-quarter earnings on Jan 25.

    Spirit Airlines has an Earnings ESP of +2.39% and is a Zacks #3 Ranked player. The company is scheduled to report fourth-quarter earnings on Feb 6. You can see the complete list of today’s Zacks #1 Rank stocks here.

    JetBlue has an Earnings ESP of +1.40% and the stock is a #3 Ranked player. The company will report fourth-quarter earnings on Jan 25.

    Wall Street’s Next Amazon

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    Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
     
    JetBlue Airways Corporation (JBLU): Free Stock Analysis Report
     
    Spirit Airlines, Inc. (SAVE): Free Stock Analysis Report
     
    American Airlines Group, Inc. (AAL): Free Stock Analysis Report
     
    Canadian Pacific Railway Limited (CP): Free Stock Analysis Report
     
    To read this article on Zacks.com click here.
     
    Zacks Investment Research]]>
    http://so-l.ru/news/y/2018_01_15_will_high_volumes_aid_canadian_pacific_s Mon, 15 Jan 2018 15:56:00 +0300
    <![CDATA[Canadian Pacific (CP) Hits New 52-week High: Here's Why]]> Canadian Pacific Railway Limited CP hit a fresh 52-week high of $183.82 per share during the trading session on Dec 27 before retracing a bit to close the same at $182.08. Notably, the company’s shares have performed well in the last six months. The stock has rallied 14.5%, outperforming the industry’s gain of 12.3%.

     



     

    Catalysts Behind the Upsurge

    The company’s efforts to check costs to drive bottom-line growth are impressive. Notably, the operating ratio (operating expenses as a percentage of revenues on an adjusted basis) has improved 160 basis points in the first nine months of the year.

    In fact, with volume expansion, the company raised guidance for 2017. Canadian Pacific now expects a double-digit rise in adjusted earnings per share for 2017 compared with C$10.29 in 2016.

    Canadian Pacific’s initiatives to reward investors through share buybacks and rise in dividend payments are also encouraging. In May, the company hiked its quarterly dividend per share by 12.5% to C$0.5625.

    The company’s trailing 12-month return on equity (ROE) supports its growth potential. Not only has its 31.9% ROE remained steady over the last year, the same compares favorably with its industry’s ROE of 21.1%, reflecting that it is efficient in using the shareholders’ funds.

    Zacks Rank & Key Picks

    Canadian Pacific carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the broader Transportation sector are Gol Linhas Aereas Inteligentes S.A. GOL, LATAM Airlines Group S.A. LTM and SkyWest, Inc. SKYW. While Gol Linhas and LATAM Airlines sport a Zacks Rank #1 (Strong Buy), SkyWest carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

    Shares of Gol Linhas, LATAM Airlines and SkyWest have surged more than 200%, 66% and 42%, respectively, in a year.

    Today's Stocks from Zacks' Hottest Strategies

    It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively.

    And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.

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    Gol Linhas Aereas Inteligentes S.A. (GOL): Free Stock Analysis Report
     
    SkyWest, Inc. (SKYW): Free Stock Analysis Report
     
    Canadian Pacific Railway Limited (CP): Free Stock Analysis Report
     
    LATAM Airlines Group S.A. (LTM): Free Stock Analysis Report
     
    To read this article on Zacks.com click here.
     
    Zacks Investment Research]]>
    http://so-l.ru/news/y/2017_12_28_canadian_pacific_cp_hits_new_52_week_h Thu, 28 Dec 2017 16:15:00 +0300
    <![CDATA[Компания CSX назвала имя нового CEO]]> http://so-l.ru/news/y/2017_12_25_finam_ru_novosti_razvi_kompaniya_csx_na Mon, 25 Dec 2017 10:29:00 +0300 <![CDATA[Компания CSX назвала имя нового CEO]]> http://so-l.ru/news/y/2017_12_25_kompaniya_csx_nazvala_imya_novogo_ceo Mon, 25 Dec 2017 10:25:27 +0300 <![CDATA[Why is Kansas City Southern Up More Than 30% Year to Date?]]> Shares of Kansas City Southern KSU have gained 30.9%, outperforming the Zacks Rail industry’s rally of 28.4% on a year-to-date basis.

    Reasons Behind the Outperformance

    Kansas City Southern seems to benefit from an improvement in carload volumes. This is evident from the company’s third-quarter 2017 results, which were aided by a 3% rise in overall carload volumes.

    Moreover, Kansas City Southern’s operating ratio (operating expenses as a percentage of revenues) came in at 64.4% in the third quarter compared with 66.9% reported a year ago. Improvement in this key metric is a positive for the company. The lesser the value of operating ratio the better as it implies that more cash is available to the company to reward shareholders through dividends/buybacks.

    In August, the company’s board of directors approved of a new share repurchase program worth $800 million. This share repurchase plan replaces the $500 million program, which was announced in 2015 and completed in the second quarter of 2017. The fresh authorization also includes a $200 million Accelerated Share Repurchase program. Simultaneously, the company increased its quarterly dividend in excess of 9%.

    In fact, Kansas City Southern is not the only railroad operator to have increased its dividend payout. Fellow railroad operators like Union Pacific Corporation UNP, Canadian Pacific Railway Ltd. CP and Canadian National Railway CNI have also raised their dividend payouts this year.

    Additionally, Kansas City Southern like most of its peers stands to benefit from an improvement in intermodal volumes.

    Estimate Revisions & Zacks Rank

    Upward estimate revisions reflect optimism in a stock’s prospects. Kansas City Southern scores impressively on this front as well. The stock has seen the Zacks Consensus Estimate for current-quarter and current-year earnings being revised 1.5% and 0.6% upward, respectively, over the last 90 days.

    The above bullish factors are reflected in the company’s Zacks Rank #2 (Buy), implying that it is expected to outperform the broader U.S. equity market over the next one to three months. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
     

    Zacks Editor-in-Chief Goes "All In" on This Stock

    Full disclosure, Kevin Matras now has more of his own money in one particular stock than in any other. He believes in its short-term profit potential and also in its prospects to more than double by 2019. Today he reveals and explains his surprising move in a new Special Report.

    Download it free >>


    Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
     
    Kansas City Southern (KSU): Free Stock Analysis Report
     
    Union Pacific Corporation (UNP): Free Stock Analysis Report
     
    Canadian National Railway Company (CNI): Free Stock Analysis Report
     
    Canadian Pacific Railway Limited (CP): Free Stock Analysis Report
     
    To read this article on Zacks.com click here.]]>
    http://so-l.ru/news/y/2017_12_19_why_is_kansas_city_southern_up_more_than Tue, 19 Dec 2017 18:17:00 +0300
    <![CDATA[CEO компании CSX уходит в отпуск по состоянию здоровья]]> http://so-l.ru/news/y/2017_12_15_finam_ru_novosti_razvi_ceo_kompanii_cs Fri, 15 Dec 2017 12:46:00 +0300 <![CDATA[CEO компании CSX уходит в отпуск по состоянию здоровья]]> http://so-l.ru/news/y/2017_12_15_ceo_kompanii_csx_uhodit_v_otpusk_po_sost Fri, 15 Dec 2017 12:42:30 +0300 <![CDATA[Zacks Industry Outlook Highlights: Union Pacific, Norfolk Southern, Kansas City Southern, Canadian Pacific Railway and Canadian National Railway]]> For Immediate Release

    Chicago, IL – Dec 5, 2017 – Today, Zacks Equity Research discusses the Industry: Railroads, Part 1, including Union Pacific Corp. UNP, Norfolk Southern Corp. NSC, Kansas City Southern KSU, Canadian Pacific Railway Ltd. CP and Canadian National Railway Ltd. CNI.

    Industry: Railroads, Part 1

    Link: https://www.zacks.com/commentary/139305/railroad-industry-outlook---december-2018

    Despite challenges posed by the recent hurricanes (Harvey, Irma and Maria), railroads performed quite well in the third quarter of 2017. In fact, key sector players like Union Pacific Corp., Norfolk Southern Corp. and Kansas City Southern outperformed (both with respect to the top and bottom lines) in the third quarter on the back of volume growth.

    All the above-mentioned companies carry a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

    The sector’s impressive performance is not just limited to the third quarter. Stocks in the railroad space have in fact witnessed good times since the commencement of 2017 after struggling for the past couple of years. The 29.3% improvement in the Dow Jones U.S. Railroads Index on a year-to-date basis bears testimony to bullishness surrounding railroads.

    Factors Contributing to the Turnaround

    In fact, improvement in the prospects of key units like coal and intermodal has been benefiting railroads since the beginning of this year. 

    Particularly with the Trump presidency, the coal industry is seeing better days. The President is aiming to revive the industry by relaxing regulations which were hurting its prospects. He has started to act on his promises made during the campaigning phase.

    The rise in natural gas prices is also favorable to demand for coal. Moreover, according to the U.S. Energy Information Administration (EIA), coal production in the United States will improve in 2017 and 2018. Since revenues from coal contribute significantly to railroads’ top line, any positive development for the commodity means good news for the sector.

    Coal apart, the scenario pertaining to another key source of revenues for railroads, intermodal, has improved by leaps and bounds this year. In fact, growth relating to intermodal volumes reached the highest levels in three years, in the third quarter of 2017.

    Recovery of the U.S. economy has also worked in favor of railroads. In fact, in the third quarter, the domestic economy expanded at an impressive annual rate of 3%, according to the latest report from the Commerce Department. The reading was above the consensus estimate of 2.6%, despite the turbulence caused by hurricanes.

    This is also the first time since 2014 that the U.S. economy expanded at 3% or above (on an annual basis) for two consecutive quarters. This supports the air of optimism surrounding railroads. Generally, a buoyant domestic economy results in an uptick in rail shipments of goods across the United States.

    Good Times Likely to Continue in Q4

    Railroad operations were severely hampered in the third quarter due to the natural calamities as important rail lines were severely damaged. However, operations at railroads have returned to normal. Consequently, the stocks are likely to perform impressively in the fourth quarter of 2017 driven by volume growth. Key units such as intermodal and coal are expected to continue performing well, and thereby aid results.

    Railroads should continue to see an improvement pertaining to another key metric — operating ratio (operating expenses as a percentage of revenues) — in the fourth quarter of 2017. Thelesser the value of operating ratio the better, as it implies that more cash is available to the company to reward shareholders through dividends/buybacks.

    Riding on their solid financial health, many railroads including the likes of Union Pacific Kansas City Southern, Canadian Pacific Railway Ltd. and Canadian National Railway Ltd. have hiked their respective quarterly dividend payouts this year.

    Some Roadblocks to Be Careful About in Q4

    Despite the positives, there are a few factors that might hurt results in the fourth quarter. Evidently, weakness in the automotive sector had hurt the results of major railroads in the third quarter, due to sluggish vehicle production in the United States.

    The scenario is expected to remain gloomy in the final quarter of 2017 as well. In fact, sales of U.S. light vehicle sales for 2017 are projected at 17 million units, down approximately 3% on a year-over-year basis. With the automotive sector accounting for a significant chunk of their revenues, softness in automotive volumes might hurt railroads.

    Moreover, rising operating expenses due to the uptick in fuel prices are likely to limit bottom-line growth of railroads in the fourth quarter.

    Strong Stocks that Should Be in the News

    Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year.See these high-potential stocks free >>.

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    Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.


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    Kansas City Southern (KSU): Free Stock Analysis Report
     
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    Norfolk Souther Corporation (NSC): Free Stock Analysis Report
     
    Canadian Pacific Railway Limited (CP): Free Stock Analysis Report
     
    To read this article on Zacks.com click here.
     
    Zacks Investment Research]]>
    http://so-l.ru/news/y/2017_12_05_zacks_industry_outlook_highlights_union Tue, 05 Dec 2017 17:37:00 +0300