RECENT Industrials RESEARCH
In this series, we’ll take a look at Deere’s fiscal 4Q17 earnings in detail, along with its segments’ revenue.
On November 22, Canadian Pacific Railway (CP), a Canadian-origin US Class I railroad (XLI), declared a quarterly cash dividend of $0.5625 Canadian per share on its outstanding common stock.
So far, the US steel industry is having a tepid year. Most US-based steel producers are trading with year-to-date losses.
Delta Air Lines (DAL) kicked off the 3Q17 results season for airlines on October 11, 2017. Its revenues rose 5.5% year-over-year to $11.1 billion.
The overall freight traffic for US rail carriers was 1.2% higher last week (ended November 11) than during the week ended November 12, 2016.
In week 46, which ended on November 17, 2017, the BDTI rose from 803 to 809. In week 45, it fell by 40 points.
Teekay Tankers’ (TNK) revenue fell to $72.9 million in 3Q17 from $89.3 million in the previous quarter.
Frontline (FRO) is scheduled to release its 3Q17 results on November 22, 2017. Among its peers, Frontline is one of the last to release its 3Q17 earnings.
After GE’s investor update on November 13, 2017, the company’s stock plummeted to a new five-year low.
U.S. Steel and ArcelorMittal posted better-than-expected revenues and profits in 3Q17, but AK Steel missed consensus estimates for its top and bottom lines.
In the 44th week of 2017, total rail freight traffic in the United States recorded a ~0.9% fall. Overall volumes, including intermodal, decreased to ~539,000 units.
In this series, we’ll discuss the top ten S&P 500 (SPY) companies with the lowest dividend growth. The energy sector comprises 70% of the list.
Deere (DE) will announce its fiscal 4Q17 earnings on November 22, 2017, before the market opens. The announcement will be followed by a conference call.
BNSF operates in four segments: Consumer Products, Industrial Products, Agricultural Products, and Coal. In this 3Q17 post-earnings series, we’ll examine the operating results for all these segments.
In week 45, which ended on November 10, 2017, the BDTI fell to 803 from 843. In week 44, it fell by 71 points.
Last week started on a positive note for most steel stocks, with most seeing upward price action on Monday. But sentiments were mostly negative after that.
Steel Dynamics released its 3Q17 earnings on October 18 and posted revenues of $2.44 billion during the quarter—compared to $2.1 billion in 3Q16.
In week 44, many of the crude tanker stocks traded in the red. Only Frontline and Navios Maritime Midstream Partners traded in the green.
Industrial behemoth General Electric (GE) will announce plans to revitalize the company at an investor update event on November 13, 2017.
XPO Logistics (XPO) announced its 3Q17 earnings on November 1. On November 7, XPO stock traded at an all-time high of $74.80 per share and closed at $73.60.