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$GWR reported its traffic volumes for Jan. 2016 increased by 51,082 carloads, or 30.5%, to 218,431 carloads from last year. Same-railroad traffic fell by 27,838 carloads, or 16.6%, to 139,511 carloads. North American Operations traffic slid by 16.6%, on reduced shipments of coal & coke, minerals & stone, metals and agricultural products.
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.
$CSCO shift from hardware to becoming a software behemoth seems to be working for the company so far. Stock has seen a steady rise since the change. But is it sustainable?
Heard about the next generation iPhone. Going by the reports, it is believed that $AAPL will release three iphones this year.
Samsung chief Jay Y. Lee arrested under $36 million bribery charges. Stocks are also down. This is going to impact the sale of its Galaxy 8, set for April release. Here’s an opportunity for $AAPL to capitalize on a rival’s fall.