$TRN (Trinity Industries Inc.)

$TRN {{ '2016-04-22T18:21:54+0000' | timeago}} • Webcast

Diversified industrial company $TRN said that it focuses on cost containment, lean manufacturing and a variety of initiatives to enhance and grow the company. The company said that it intends to grow its own wholly-owned leased fleet of railcars this year. $TRN is flexible with respect to volume of railcars with leases it will sell to investors.

$XYL {{ '2017-09-19T13:52:10+0000' | timeago}} • Announcement

$XYL appointed Colin Sabol as its SVP and President of Sensus & Analytics, effective Oct. 1, 2017. Sabol succeeds Randy Bays, who will move into an advisory role with a focus on Xylem's global manufacturing operations. Both will report to Xylem President and CEO, Patrick Decker.

$GWR {{ '2017-09-14T15:46:24+0000' | timeago}} • Announcement

While same-railroad traffic in North American operations of $GWR in 3Q17 declined 1.3% to 266,219 carloads mainly due to a 13.4% fall in agricultural products transportation, the traffic in the Australian segment went north by 4.4%. A 65% drop in coal transportation in UK/European operations saw the traffic dip by 4.3% to 187,470 carloads.

$GWR {{ '2017-09-14T15:45:09+0000' | timeago}} • Announcement

The slow movement of agricultural products, minerals and coal in various operations pulled the chains on $GWR in 3Q17 as its same-railroad traffic fell 2.1% at 484,445 carloads compared to same period last year. Total operations were logged at 554,612 carloads up by 12%.

$GWR {{ '2017-09-14T15:43:34+0000' | timeago}} • Announcement

The same-railroad traffic of $GWR’s North American operations dropped 1.6% at 136,328 carloads due to weaker agricultural products traffic in Aug 2017. In the Australian segment, the traffic crashed 14.5% at 12,272 carloads as the minerals & stone movement got stuck. Traffic in UK/European operations was 96,480 carloads, a decrease of 2.7%.

$GWR {{ '2017-09-14T15:41:34+0000' | timeago}} • Announcement

$GWR had a bumpy ride in Aug 2017 as its same-railroad traffic went south by 2.8% at 245,080 carloads, compared to the same period last year as the transportation of agricultural products, coal and minerals dipped in various segments. Total operations increased 10.1% at 277,472 carloads for the month.

$GE {{ '2017-09-08T20:27:36+0000' | timeago}} • Announcement

$GE said GE Aviation and Qantas have developed a new flight data application called FlightPulse. It is the first fully commercialized product to be developed with mobile services from GE's Predix platform. It uses recorded aircraft data and smart analytics to help pilots securely access their individual operational efficiency metrics and trends.

$GE {{ '2017-09-07T15:13:32+0000' | timeago}} • Announcement

$GE has sold its remaining 15.5% equity stake in Penske Truck Leasing Co, to Penske Automotive Group, Inc. and MBK USA Commercial Vehicles, Inc, a subsidiary of Mitsui & Co., Ltd. Total proceeds are approx $674MM -- with Penske buying about 35% of the stake and MBK buying 65% of the stake.

$AME {{ '2017-09-05T13:55:39+0000' | timeago}} • Announcement

$AME has named Dalip Puri as VP and Treasurer. He will report directly to William J. Burke, EVP and CFO. Mr. Puri joins $AME from Chemtura Corporation, where he served as VP and Treasurer.

$GWR {{ '2017-09-05T13:35:44+0000' | timeago}} • Announcement

$GWR and $CKH announced the formation of a 50/50 JV to own and operate CG Railway, LLC (CGR), a subsidiary of SEACOR, recently acquired through its acquisition of International Shipholding Corporation. Terms of the JV were not disclosed.

$CKH {{ '2017-09-05T13:05:19+0000' | timeago}} • Announcement

$CKH and $GWR announced the formation of a 50/50 joint venture to own and operate CG Railway LLC (CGR), a subsidiary of $CKH recently acquired through its acquisition of International Shipholding Corp. Terms of the joint venture were not disclosed.

$KSU {{ '2017-08-30T17:42:53+0000' | timeago}} • Announcement

$KSU and Bulkmatic Transport Co. said they form a 50/50 JV investment that will facilitate and expand the exportation of liquid fuels from the United States to Mexico. The JV partners will invest about $50MM over next few years to develop terminal, which will begin limited operations in 3Q and have storage facilities in mid-2018.

$KSU {{ '2017-08-30T17:41:14+0000' | timeago}} • Announcement

$KSU and Bulkmatic Transport Co. announced a memorandum of understanding to form a 50/50 joint venture investment which will facilitate and expand the exportation of liquid fuels from the United States to Mexico. The project will include the construction of a unit train liquid fuels terminal located in Salinas Victoria near Monterrey, Nuevo Leon.

$XYL {{ '2017-08-18T14:28:40+0000' | timeago}} • Announcement

$XYL announced that Paul Stellato has been appointed VP, Controller and Chief Accounting Officer of the company, effective immediately. He will report to SVP and CFO Mark Rajkowski.

$XYL {{ '2017-08-17T13:03:10+0000' | timeago}} • Announcement

$XYL elected Jeanne Beliveau-Dunn to its BoD, effective immediately. With this appointment, the total number of directors serving on $XYL Board is ten. Beliveau-Dunn currently serves as VP and General Manager of $CSCO Technical Services, a global organization that supports Cisco’s customers.

$XYL {{ '2017-08-17T11:57:39+0000' | timeago}} • Announcement

$XYL's BoD declared 3Q17 dividend of $0.18 per share payable on September 20, 2017 to shareholders of record as of August 31, 2017.

$KSU {{ '2017-08-15T22:10:14+0000' | timeago}} • Announcement

$KSU announced a new $800MM share repurchase program, replacing the previous $500MM program completed in 2Q17. The new authorization includes a $200MM Accelerated Share Repurchase program, expected to be completed by early 4Q17 and a $600MM open market purchase program expiring June 30, 2020.

$KSU {{ '2017-08-15T22:09:48+0000' | timeago}} • Announcement

$KSU declared a regular dividend of $0.25 per share on its outstanding 4% Non-Cumulative Preferred stock. This dividend is payable on October 3, 2017, to stockholders of record on September 11, 2017.

$KSU {{ '2017-08-15T22:09:22+0000' | timeago}} • Announcement

$KSU declared an increase in the quarterly dividend on its common stock from $0.33 to $0.36 per share. The increased dividend is payable on Oct. 4, 2017, to stockholders of record on Sept. 11, 2017.

$NSC {{ '2017-08-15T13:26:58+0000' | timeago}} • Announcement

$NSC announced the pricing of its offers to certain eligible holders to exchange outstanding debt securities for cash and up to $750MM aggregate principal amount of its new notes due 2052. It will pay interest on the new notes at a rate per annum equal to 4.050%, and an aggregate of $9.6MM cash consideration, including accrued and unpaid interest.

$SABR {{ '2017-08-15T12:00:27+0000' | timeago}} • Announcement

$SABR appointed Vish Saoji as chief technology officer (CTO), effective Sept. 5, 2017. With Saoji’s hiring, Sabre has completed filling its senior leadership team in conjunction with Sean Menke assuming the role of CEO in December 2016. Saoji will join $SABR from $GE Healthcare Digital, where he serves as CTO for Software Engineering.

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