Project Update, Philanthropic Initiatives, Financial Results, Conference Calls, and Share Repurchase - Research Report on Union Pacific, Norfolk Southern, C.H. Robinson, CN and Genesee & Wyoming
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NEW YORK, October 30, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Union Pacific Corporation (NYSE: UNP), Norfolk Southern Corp. (NYSE: NSC), C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW), Canadian National Railway Co. (NYSE: CNI), and Genesee & Wyoming Inc (NYSE: GWR). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Union Pacific Corporation Research Report
On October 17, 2013, Union Pacific Corporation (Union Pacific) reported its results for Q3 2013 with net income of c.$1.2 billion, up 10.5% YoY. Total operating revenues for Q3 2013 stood at $5.6 billion, reflecting an increase of 4.3% YoY, while the Company's business volumes for the quarter, as measured by total revenue carloads, remained flat at 2.3 million on YoY basis. "Union Pacific achieved all-time record financial results this quarter," said Jack Koraleski, Union Pacific's CEO. "Despite the challenges of lower coal and grain volumes, in addition to disruptions caused by the Colorado flooding, we managed our network efficiently and continued to benefit from the strength of our diverse franchise. When combined with real core pricing and productivity gains, we more than offset flat volumes to generate a new, best-ever quarterly Operating Ratio of 64.8 percent." The Full Research Report on Union Pacific Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/2c77_UNP]
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Norfolk Southern Corp. Research Report
On October 22, 2013, Norfolk Southern Corp. (Norfolk Southern) and Finite Carbon announced the successful development and registration of the Brosnan Forest Improved Forest Management carbon project. According to the Company, the project meets the Climate Action Reserve's forest project protocol and resulted in more than 282,000 eligible carbon offset credits at initial registration. "Finite Carbon's forestry team and project development expertise guided the Brosnan Forest carbon project from conception to successful completion," said Blair Wimbush, Norfolk Southern's Vice President Real Estate and Corporate Sustainability Officer. "The project perfectly aligns with Norfolk Southern's sustainability efforts, which include improving the fuel and energy efficiencies of our locomotive fleet, lowering energy use at railroad facilities, and investing in reforestation efforts to restore longleaf pine forests and American chestnut trees to their native ranges and planting 6 million trees on 10,000 acres in the Mississippi Delta." Norfolk Southern informed that the Brosnan Forest, owned by the Company, includes more than 14,400 acres in South Carolina's Lowcountry and is the largest privately protected property in the state. The Full Research Report on Norfolk Southern Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/acd0_NSC]
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C.H. Robinson Worldwide, Inc. Research Report
On October 17, 2013, C. H. Robinson Worldwide, Inc. (C. H. Robinson) issued a press release to promote its MelonUp! Pink Ribbon watermelon program, as a part of its continuous efforts to create awareness about breast cancer, during the National Breast Cancer Awareness Month. According to the Company, the program, which started in 2007, gives retailers the chance to promote the healthful benefits of watermelon and incorporate a cause-marketing component into their merchandising strategy. The program donates a portion of watermelon sales to breast cancer research organizations on behalf of participating retailers, and has donated $870,000 since 2008. "C.H. Robinson is proud to be able to collaborate with retailers in order to fund breast cancer research efforts that affect so many people today," said Joshua Knox, Strategic Category Manager at C.H. Robinson. "Over the past five years, the success of MelonUp! Pink Ribbon Watermelon has allowed watermelon to shine as a healthy snack and as a way to make a larger impact." The Full Research Report on C.H. Robinson Worldwide, Inc - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/0bef_CHRW]
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Canadian National Railway Co. Research Report
On October 22, 2013, Canadian National Railways Co. (CN) announced that its Board of Directors has approved a new share repurchase program, as well as a two-for-one stock split of the Company's common shares outstanding. According to CN, the new share repurchase program, to be held from October 29, 2013 and October 23, 2014, will be a normal-course issuer bid to purchase, for cancellation, up to 15 million common shares before adjusting for the stock split. Additionally, CN stated that the two-for-one stock split will take the form of a stock dividend, and shareholders will receive one additional common share of CN for each common share held, payable on November 29, 2013, to shareholders of record at the close of business on November 15, 2013. The Full Research Report on Canadian National Railway Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/5671_CNI]
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Genesee & Wyoming Inc. Research Report
On October 17, 2013, Genesee & Wyoming Inc. (Genesee & Wyoming) announced its Q3 2013 financial release conference call schedule. According to the Company, the event will take place on November 1, 2013 at 11:00 a.m. EDT. Genesee & Wyoming further informed that the webcast of the call will be archived in the Company's website until the next quarter. The Full Research Report on Genesee & Wyoming Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/c822_GWR]
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