{"id":110260,"date":"2009-12-28T13:31:00","date_gmt":"2009-12-28T18:31:00","guid":{"rendered":"tag:blogger.com,1999:blog-3087194156628161158.post-5805528635391235234"},"modified":"2009-12-28T13:33:59","modified_gmt":"2009-12-28T18:33:59","slug":"rtt-news-railroad-stocks-under-pressure-amid-concerns-about-industry-outlook","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/110260","title":{"rendered":"RTT NEWS: Railroad Stocks Under Pressure Amid Concerns About Industry Outlook"},"content":{"rendered":"<p><!-- AddThis Button BEGIN --><span style=\"color:gray;\">12\/28\/2009 11:21 AM ET<\/span><\/p>\n<p>Transportation stocks are showing notable weakness during trading on Monday, with railroad stocks weighing down the sector by a considerable margin. The weakness comes after some pessimistic comments about the railroad sector in a report from Barron&#8217;s.<\/p>\n<p>The losses by railroad stocks are contributing to a 1.1 percent loss by the Dow Jones Railroads Index. With the loss, the index is pulling back off of the fourteen month closing high set last Thursday.<\/p>\n<p>The pullback comes after Barron&#8217;s said comments from the management of Burlington Northern Santa Fe (BNI) indicated that the economy and subsequently the railroad industry would not begin to see a substantial recovery until the year 2011.<\/p>\n<p>Despite the comments, Burlington Northern stock is showing a lack of direction and its currently up by only 0.1 percent, as it remains in a tight trading range.<\/p>\n<p>The previous significant move for the stock came in early November, when billionaire investor Warren Buffet announced he reached a deal for his firm Berkshire Hathaway Inc. (BRK-A) to buy the rail transport firm for $100 per share.<\/p>\n<p>Meanwhile, Trinity Industries Inc. (TRN) and CSX Corp. (CSX) are two of the sector&#8217;s steepest decliners, falling by 2.4 percent and 2.1 percent, respectively. Trinity remains in a recent trading range, while CSX is pulling back off of Thursday&#8217;s fifteen month closing high.<\/p>\n<p>Genesee &amp; Wyoming Inc. (GWR), Norfolk Southern Corp. (NSC) and Union Pacific Corp. (UNP) are also retreating, moving off of their recent highs, while American Railcar Industries (ARII) is bucking the downtrend in the sector, rising by 4.2 percent.<\/p>\n<p>by RTT Staff Writer<\/p>\n<p><a name=\"comments\"><span style=\"font-weight: bold;\">Share Investor Links<\/span><br \/><\/a><\/p>\n<p><a href=\"http:\/\/www.shareinvestorblog.com\/\">Share Investor Blog<\/a> &#8211; Stockmarket &amp; Business commentary<br \/><a href=\"http:\/\/shareinvestornz.blogspot.com\/2007\/02\/new-zealand-business-news.html\">Share Investor New Zealand Business News<\/a>&#8211; Get more business news<br \/>Discuss this topic @<a href=\"http:\/\/www.shareinvestorforum.com\/\"> Share Investor Forum<\/a> &#8211; <a href=\"http:\/\/shareinvestorforum.com\/ucp.php?mode=register&amp;sid=450a61250472e03fa25c205c9c1723f1\"><strong>Register<strong><\/strong><\/strong><\/a> free<br \/><a href=\"http:\/\/www.currency-market.blogspot.com\/\">Share Investor&#8217;s Daily Forex Updates<\/a><\/p>\n<p><span style=\"font-weight: bold;\">Recommended Amazon Reading<\/span><\/p>\n<table id=\"searchResults\" cellspacing=\"0\">\n<tbody>\n<tr class=\"clsEven\">\n<td class=\"tdimage\"><a href=\"http:\/\/astore.amazon.com\/shareinvestorbookstore-20\/detail\/1416573186\"><img decoding=\"async\" src=\"http:\/\/ecx.images-amazon.com\/images\/I\/41ZkoqL3OTL._SL75_.jpg\" alt=\"Warren Buffett and the Interpretation of Financial Statements: The Search for the Company with a Durable Competitive Advantage\" \/><\/a><\/td>\n<td class=\"tddescription\"><a href=\"http:\/\/astore.amazon.com\/shareinvestorbookstore-20\/detail\/1416573186\">Warren Buffett and the Interpretation of Financial Statements: The Search for the Company with a Durable Competitive Advantage<\/a> by <span class=\"by\">Mary Buffett<\/span><br \/>    Buy new:        $16.47       \/ Used from:        $15.70<br \/><span class=\"availability\">Usually ships in 24 hours<\/span><\/td>\n<\/tr>\n<tr class=\"clsOdd\">\n<td class=\"tdimage\"><a href=\"http:\/\/astore.amazon.com\/shareinvestorbookstore-20\/detail\/0966446127\"><img decoding=\"async\" src=\"http:\/\/ecx.images-amazon.com\/images\/I\/315%2BfrL4YuL._SL75_.jpg\" alt=\"The Essays of Warren Buffett: Lessons for Corporate America, Second Edition\" \/><\/a><\/td>\n<td class=\"tddescription\"><a href=\"http:\/\/astore.amazon.com\/shareinvestorbookstore-20\/detail\/0966446127\">The Essays of Warren Buffett: Lessons for Corporate America, Second Edition<\/a> by <span class=\"by\">Warren E. Buffett<\/span><br \/>    Buy new:        $26.10       \/ Used from:        $33.05<br \/><span class=\"availability\">Usually ships in 24 hours<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span class=\"availability\"><br \/><\/span><span id=\"trackingEnabledModule\" name=\"trackingEnabledModule\" modulename=\"Article Tools\" moduleid=\"3098077\"><a href=\"http:\/\/www.amazon.com\/gp\/product\/B00154JDAI?ie=UTF8&amp;tag=sharinve-20&amp;linkCode=as2&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B00154JDAI\">From Amazon &#8211; <\/a><a href=\"http:\/\/www.amazon.com\/gp\/product\/B002M3SOC4?ie=UTF8&amp;tag=sharinve-20&amp;linkCode=as2&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B002M3SOC4\">Apple iPod touch 32 GB (3rd Generation) NEWEST MODEL<\/a><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.assoc-amazon.com\/e\/ir?t=sharinve-20&amp;l=as2&amp;o=1&amp;a=B002M3SOC4\" alt=\"\" style=\"border: medium none  ! important; margin: 0px ! important;\" border=\"0\" height=\"1\" width=\"1\" \/><\/span><\/p>\n<div><script type=\"text\/javascript\">var addthis_pub=\"shareinvestor\";<\/script><br \/><a name=\"data:post.title\" id=\"data:post.url\" onmouseover=\"'return\" onmouseout=\"addthis_close()\" onclick=\"return addthis_sendto()\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/s7.addthis.com\/static\/btn\/lg-share-en.gif\" alt=\"Bookmark and Share\" style=\"border: 0pt none ;\" height=\"16\" width=\"125\" \/><\/a><script type=\"text\/javascript\" src=\"http:\/\/s7.addthis.com\/js\/200\/addthis_widget.js\"><\/script><\/div>\n<p><!-- AddThis Button END --><\/p>\n<div class=\"blogger-post-footer\"><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"pub-1811166043296468\";\ngoogle_ad_width = 468;\ngoogle_ad_height = 60;\ngoogle_ad_format = \"468x60_as\";\ngoogle_ad_type = \"image\";\ngoogle_ad_channel =\"\";\n\/\/--><\/script><br \/>\n<script type=\"text\/javascript\"\n  src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><img width='1' height='1' src='https:\/\/blogger.googleusercontent.com\/tracker\/3087194156628161158-5805528635391235234?l=everythingwarrenbuffett.blogspot.com' alt='' \/><\/div>\n<p><a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/A3iAEALtUxmRn_phsnqNKs7-alE\/0\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~a\/A3iAEALtUxmRn_phsnqNKs7-alE\/0\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><br \/>\n<a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/A3iAEALtUxmRn_phsnqNKs7-alE\/1\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~a\/A3iAEALtUxmRn_phsnqNKs7-alE\/1\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><\/p>\n<div class=\"feedflare\">\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/EverythingWarrenBuffett?a=FNK708xF5o8:urnsqZ9-who:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/EverythingWarrenBuffett?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/EverythingWarrenBuffett\/~4\/FNK708xF5o8\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>12\/28\/2009 11:21 AM ET Transportation stocks are showing notable weakness during trading on Monday, with railroad stocks weighing down the sector by a considerable margin. The weakness comes after some pessimistic comments about the railroad sector in a report from Barron&#8217;s. The losses by railroad stocks are contributing to a 1.1 percent loss by the [&hellip;]<\/p>\n","protected":false},"author":833,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-110260","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/110260","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/833"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=110260"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/110260\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=110260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=110260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=110260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}