International Business News - Rails http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Rail operator shares fell in midday trading Monday, moving lower on sour economic news and concerns about the auto industry. Citigroup said it will cut another 53,000 jobs in coming quarters, as it tries to keep ahead of the financial meltdown plaguing the economy. Senate Democrats meanwhile prepared to introduce legislation to use part of the $700 billion Wall Street bailout to help the sagging auto industry. http://www.ibtimes.com/articles/20081117/sector-snap-railroads-chug-lower.htm Mon, 17 Nov 2008 12:27:19 EST Shares of railroads and shippers fell Friday morning as the broader market was shaken by fears that a government bailout might be needed to save beleaguered mortgage lenders Fannie Mae and Freddie Mac. http://www.ibtimes.com/articles/20080711/opening-glance-rails-shippers-down-on-record-oil.htm Fri, 11 Jul 2008 10:01:53 EDT Shares of railroads and shippers mostly rose early Thursday as oil retreated and the broader market edged higher on the news that Dow Chemical Co. plans to buy rival chemicals maker Rohm and Haas Co. for more than $15 billion. http://www.ibtimes.com/articles/20080710/opening-glance-rails-shippers-rise-as-oil-falls.htm Thu, 10 Jul 2008 09:47:24 EDT Shares of railroads and shippers fell in early trading Wednesday as oil rebounded following Tuesday's steep decline. Light, sweet crude for August delivery rose $1.07 at $137.11 a barrel in early trading on the New York Mercantile Exchange. The contract fell $5.33 to close at $136.04 a barrel Tuesday. http://www.ibtimes.com/articles/20080709/opening-glance-rails-shippers-fall-as-oil-up.htm Wed, 09 Jul 2008 10:12:10 EDT Shares of railroads and shippers fluctuated amid a jittery broader market Thursday, as oil soared to a record above $146 per barrel in the last day of trading before the July Fourth holiday. http://www.ibtimes.com/articles/20080703/opening-glance-rails-shippers-fluctuate.htm Thu, 03 Jul 2008 10:19:48 EDT Shares of railroads and shippers fell sharply in early trading Tuesday as the price of oil crept near $143 per barrel, after hitting the threshold for the first time Monday. http://www.ibtimes.com/articles/20080701/opening-glance-rails-shippers-sink-as-oil-rises.htm Tue, 01 Jul 2008 10:22:14 EDT Shares of railroads and shippers rose in early trading Monday, as oil topped $143 per barrel for the first time. Here's how major players performed: http://www.ibtimes.com/articles/20080630/opening-glance-rails-shippers-fall-as-oil-up.htm Mon, 30 Jun 2008 11:57:24 EDT Shares of railroads and shippers inched higher early Friday as the broader market recovered slightly from Thursday's plunge. Oil prices, meanwhile, set yet another record. Light, sweet crude for August delivery rose as high as $142.26 a barrel in premarket electronic trading on the New York Mercantile Exchange. http://www.ibtimes.com/articles/20080627/opening-glance-rails-shippers-inch-higher.htm Fri, 27 Jun 2008 10:27:55 EDT Shares of railroads and shippers lost ground Thursday as oil spiked above $10 per barrel and the Dow Jones Industrials Average lost more than 350 points. http://www.ibtimes.com/articles/20080626/closing-glance-rails-shippers-fall-as-oil-spikes.htm Thu, 26 Jun 2008 16:25:53 EDT Shares of railroads and shippers mostly fell in early trading Thursday as oil rose sharply. Light, sweet crude for August delivery rose as high as $138.95 a barrel before pulling back slightly. http://www.ibtimes.com/articles/20080626/opening-glance-rails-shippers-fall-as-oil-up.htm Thu, 26 Jun 2008 10:19:45 EDT Shares of railroads and shippers mostly fell in early Tuesday trading, as investors reacted to UPS Inc. reducing its second-quarter earnings prediction on high fuel costs and waning U.S. demand. http://www.ibtimes.com/articles/20080624/opening-glance-rails-shippers-fall-as-ups-warns.htm Tue, 24 Jun 2008 10:15:21 EDT Shares of package shippers fell in early trading Wednesday as oil prices rebounded and FedEx Corp. issued a 2009 outlook well below Wall Street's expectations. http://www.ibtimes.com/articles/20080618/opening-glance-rails-rise-shippers-fall.htm Wed, 18 Jun 2008 10:15:48 EDT Shares of railroads and shippers mostly rose in morning trading Friday as the broader market edged higher and oil fell below $136 a barrel. FedEx Corp. shares fell after a Morgan Keegan analyst lowered his fiscal 2009 earnings estimates on the company, suggesting that the rising cost of jet fuel will continue to hurt the shipper's Express business. FedEx reports fiscal 2008 fourth-quarter earnings on Wednesday. http://www.ibtimes.com/articles/20080613/opening-glance-rails-shippers-rise-as-oil-falls.htm Fri, 13 Jun 2008 10:10:24 EDT Shares of railroads and shippers leaped out of the gate Thursday, as the broader market rallied and investors digested positive retail sales and a sharp pull back in oil prices. http://www.ibtimes.com/articles/20080612/opening-glance-rails-shippers-up-on-oil-retreat.htm Thu, 12 Jun 2008 10:13:52 EDT Shares of railroads and shippers mostly fell in early trading Tuesday with the broader market, as oil prices leaped over $2 per barrel. Here's how major players performed early Tuesday: http://www.ibtimes.com/articles/20080610/opening-glance-rails-shippers-fall-as-oil-jumps.htm Tue, 10 Jun 2008 10:14:45 EDT Shares of railroads and shippers pulled back in early trading Friday as oil leaped past $134 a barrel. Oil rose as high as $134.68 in early trading, stepping close to the $135.09 record set May 22. http://www.ibtimes.com/articles/20080606/opening-glance-rails-shippers-fall-as-oil-jumps.htm Fri, 06 Jun 2008 10:17:21 EDT Shares of railroads and shippers mostly fell Monday morning, as the broader market opened lower and oil prices pulled back on demand concerns. Here is a look at how some major players performed in morning trading: http://www.ibtimes.com/articles/20080602/opening-glance-rails-shippers-open-lower.htm Mon, 02 Jun 2008 10:05:13 EDT Shares of railroads and shippers rose in early trading Tuesday, as oil prices eased below $130 a barrel and the broader market edged higher. Shares of FedEx Corp. also jumped ahead of DHL's expected announcement Wednesday on the future of its U.S. Express operations. FedEx is reportedly in talks to buy the ailing unit. http://www.ibtimes.com/articles/20080527/opening-glance-rails-shippers-up-as-oil-eases.htm Tue, 27 May 2008 10:21:52 EDT Shares of railroads and shippers fell early Friday, as the broader market lost ground and oil prices rebounded following an overnight plunge. How shares of major players performed: http://www.ibtimes.com/articles/20080523/opening-glance-rails-shippers-fall-as-oil-rises.htm Fri, 23 May 2008 10:09:01 EDT Shares of railroads and shippers pulled back early Thursday as oil jumped past $135 a barrel for the first time. How shares of major players performed early Thursday: http://www.ibtimes.com/articles/20080522/opening-glance-railroads-fall-shippers-rise.htm Thu, 22 May 2008 10:12:33 EDT