|Bid||0.00 x 1400|
|Ask||0.00 x 1000|
|Day's range||326,280.00 - 328,500.00|
|52-week range||270,250.00 - 334,560.00|
|PE ratio (TTM)||11.38|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
In Week 37, Norfolk Southern (NSC) reported a 2.7% YoY (year-over-year) decline in carload traffic. The company hauled 68,200 railcars except for intermodal units in the week compared to ~70,100 in the corresponding week of 2017.
According to CME's FedWatch, traders expect a 100% hike on Sep 26 and an 83% chance of another increase by the end of the year, which is in line with the Fed's dot plot from June meeting.
In Week 37, Western US major rail freight carrier Union Pacific (UNP) recorded 1.8% YoY (year-over-year) carload traffic growth. Union Pacific carried ~97,400 railcars excluding intermodal units compared to ~95,600 in the comparable period of 2017.
Berkshire Hathaway–owned BNSF Railway (BRK.B) witnessed 4.9% YoY (year-over-year) carload traffic growth in Week 37. The Western US rail freight giant moved ~105,900 railcars excluding intermodal traffic in the week compared to ~101,000 units in Week 37 of 2017.
On September 19, the AAR (Association of American Railroads) released its weekly traffic data on 12 key North American railroads. The weekly data pertained to Week 37, which ended on September 15. The Association’s weekly freight data is grouped into carload traffic and intermodal units, expressed in truck trailers and containers.
American International (AIG) to acquire specialty broker Glatfelter for fortifying its General Insurance segment's foothold.
One of the world’s richest men, Warren Buffett is an unfathomably successful investor, revered and copied by other investors large and small. The creator of Berkshire Hathaway, America’s largest conglomerate by market value, is, after Bill Gates, the single most generous philanthropist on the planet. Howard, then in his first semester teaching at New York’s Columbia University, took the conversation to heart.
The U.S. conglomerate’s timely investments in railroads and insurance have helped make it the fifth-largest U.S. company by market value.
Does Berkshire Hathaway Inc. (BRK.B) have what it takes to be a top stock pick for momentum investors? Let's find out.
These billionaire investors are buying up shares of United Technologies, PG&E, and Berkshire Hathaway. Here's why you might want to consider them as well.
The legendary investor has continued to be a net buyer of stocks and has made a point to add to some of his favorite positions lately.
Eastern US railroad CSX (CSX) posted 5.4% YoY (year-over-year) growth in carload traffic in week 36. Compared to 64,900 railcars excluding intermodal units in the same week last year, CSX moved 68,400 railcars in the comparable period this year. CSX’s carload traffic gains were much higher compared to rival Norfolk Southern’s (NSC) 1.2% YoY gains in week 36. The former’s carload gains were almost double the percentage of US railroads’ 2.6% YoY average gains in the week.
Major railroad BNSF Railway (BRK.B) reported a 1.5% YoY (year-over-year) rise in its carload traffic in week 36. The Berkshire Hathaway-owned railroad carried ~99,100 railcars excluding intermodal traffic in the week compared to ~97,700 units in week 36 last year.
came at a convenient time for Vijay Shekhar Sharma, the gregarious founder of Indian fintech group Paytm. “This investment will put to rest all doubts about our ability to make money,” Mr Sharma told local media after the announcement on August 28.
Ten years after Lehman Brothers filed for bankruptcy, the investment bank's failure is a reminder of some of the dysfunctions in the financial and regulatory apparatus that brought the world to the edge of the abyss -- and of dysfunctions that still exist today.
When a mysterious company called Blue Magnolia Investments LLC sent $100,000 to help a Republican U.S. Senate candidate in Arizona, it seemed the real donor would remain anonymous. Van Tuyl’s name came to light after pressure from the nonprofit Campaign Legal Center.
Lately, many US companies are bearing the brunt of the rising expense of the healthcare system, as employers generally pay ~70% of an employee’s healthcare premium. According to the National Business Group on Health, the employer’s healthcare cost per worker is expected to increase 5% to $14,800 in 2019 compared to the estimated price of $14,099 per employee in 2018. According to Health System Tracker, the average American spends more than $10,000 per year on healthcare costs compared to the average of $5,200 spent in peer nations, including Canada, Japan, Australia, and several Western European countries.
"You can get in a whole lot more trouble in investing with a sound premise than with a false premise," Warren Buffett explained.