Tag: transportation
From airlines to renewable energy, 5 sectors that may surprise positively in 2024
As investors kick-off 2024 amidst uncertain market outlook, tentative economic growth, and geopolitical turmoil, global brokerage house Morgan Stanley suggests some contrarian views to invest [Read more about this post…]
One year after East Palestine train derailment, rail safety still in spotlight
On Feb. 3, 2023, a Norfolk Southern Corp. train derailed in East Palestine, Ohio, thrusting the issue of rail safety into the national spotlight. No one [Read more about this post…]
Boeing results beat on everything, but keeps investors guessing on the outlook
Boeing Co. assuaged investors’ fears for the moment on Wednesday, as the aerospace and defense giant’s fourth-quarter results beat Wall Street expectations in all of [Read more about this post…]
Red Sea disruption forces retailers to rethink back-to-school, holiday shipments
The disruption caused by Houthi attacks on cargo ships in the Red Sea is forcing U.S. retailers to rethink how back-to-school and holiday shipments are [Read more about this post…]
Explaining that viral price-to-innovation clip and what it really means.
There was a clip from a CNBC interview that went viral, in what was seen as Wall Street making up new numbers to justify stocks [Read more about this post…]
Can UPS snap its streaks of revenue misses and post-earnings stock selloffs?
Shares of United Parcel Service Inc. slumped Monday as investors prepared for the package-delivery giant’s quarterly results, which have not been so kind to investors [Read more about this post…]
Markets seen on edge after drone attack kills U.S. troops, escalates Mideast crisis
A drone attack that killed three U.S. service members in northern Jordan, blamed by the White House on Iran-backed militants, marks a major escalation of [Read more about this post…]
The busiest and most crucial week for fourth-quarter earnings is here.
The heaviest stretch of the fourth-quarter earnings storm hits this week, with 106 companies set to report results. But results from only five — all [Read more about this post…]
Norfolk Southern to reduce non-union workforce by 7%
Freight railroad Norfolk Southern NSC, +0.33% said in a staff memo Thursday that it is laying off 7% of its non-union workforce amid a tough [Read more about this post…]
Boeing’s bond spreads reflect ongoing worries about 737 Max safety issues
Boeing’s stock was up Wednesday, but its bonds have not recovered from a wobble seen in early January after a panel tore off a 737 [Read more about this post…]
