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Reuters - 10 hours ago

U.S. STOCKS Powerfleet, NMI, Vivos Therapeutics

BUZZ-U.S. STOCKS ON THE MOVE-Powerfleet, NMI, Vivos Therapeutics Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes were flat on Wednesday as investors stepped onto the sidelines ahead of the Federal Reserve's highly anticipated first interest rate cut in more than four years, with bets favoring a 50-basis-point reduction.

Reuters - 3 weeks ago

US rails cancel embargoes after Canada work stoppage ends

UPDATE 1-US rails cancel embargoes after Canada work stoppage ends Adds details from BNSF, background throughout Aug 26 (Reuters) - U.S. railroads Norfolk Southern NSC.N and BNSF Railway on Monday said all embargoes associated with the potential Canadian work stoppage stand canceled and affected rail traffic has resumed, putting an end to an unprecedented service disruption in the movement of goods across the border.

Reuters - 4 weeks ago

Canadian rail stoppage set to squeeze North American industries

FACTBOX-Canadian rail stoppage set to squeeze North American industries Recasts with lockout Aug 22 (Reuters) - Canada's freight rail transport could come to a grinding halt after the country's two biggest railroad operators announced an unprecedented, simultaneous work stoppage following deadlocked talks over labor contracts. Canadian National Railway CNR.TO and Canadian Pacific Kansas City CP.TO said they had locked out their workers and shut their networks in the country early on Thursday aft

Reuters - 4 weeks ago

Canadian rail stoppage set to squeeze North American industries

FACTBOX-Canadian rail stoppage set to squeeze North American industries Adds comment from ratings agency Moody's in paragraph 4; farm impact details in paragraphs 18-19 Aug 21 (Reuters) - Canada's freight rail transport could come to a grinding halt as the country's two biggest railroad operators plan an unprecedented, simultaneous work stoppage following deadlocked talks over labor contracts.

Reuters - 4 weeks ago

As Canada braces for rail stoppage, truckers scramble to meet demand

As Canada braces for rail stoppage, truckers scramble to meet demand Canadian National Railway and Canadian Pacific Kansas City plan to halt operations on Thursday Trucking sector sees increased demand it struggles to meet 85% of U.S.-Canada cross-border road freight handled by Canadian carriers Higher trucking demand leads to rising costs and longer lead times CN and CPKC begin phased network shutdowns By Anna Mehler Paperny and Nivedita Balu TORONTO, Aug 20 (Reuters) - As Canada braced for a f

Reuters - 4 weeks ago

Union Pacific warns of 'devastating consequences' from Canada rail strike

Union Pacific warns of 'devastating consequences' from Canada rail strike By Ananta Agarwal Aug 20 (Reuters) - U.S. railroad operator Union Pacific has warned that a potential rail strike in Canada will have "devastating consequences" on the North American economy. More than 2,500 Union Pacific cars per day would not move across the border, CEO Jim Vena said in a letter to Canadian Labor Minister Steve MacKinnon on late Monday.

Reuters - 4 weeks ago

From fertilizers to coal, Canadian industries to feel the squeeze from rail stoppage

FACTBOX-From fertilizers to coal, Canadian industries to feel the squeeze from rail stoppage Adds comments from forest product firms Aug 21 (Reuters) - Canada's freight rail transport could come to a grinding halt as the country's two leading railroad operators plan an unprecedented, simultaneous, and indefinite work stoppage following deadlocked talks over labor contracts.

Reuters - 4 weeks ago

C.H. Robinson diverting some US customers' cargo away from Canadian ports

UPDATE 1-C.H. Robinson diverting some US customers' cargo away from Canadian ports Adds details throughout Aug 19 (Reuters) - U.S. freight forwarder C.H. Robinson CHRW.O said on Monday it was diverting some of its U.S. customers' ocean cargo away from Canadian ports as the threat of a rail strike looms. It said roughly 80% of its customers who had switched are now exporting through Los Angeles/Long Beach ports and the rest through Seattle/Tacoma ports.

Reuters - 4 weeks ago

C.H. Robinson diverting some US customers' ocean cargo away from Canadian ports

C.H. Robinson diverting some US customers' ocean cargo away from Canadian ports Aug 19 (Reuters) - U.S. freight forwarder C.H. Robinson CHRW.O on Monday said it has been diverting some of its U.S, customers' ocean cargo away from Canadian ports as threat of a rail strike looms. Reporting by Abhinav Parmar in Bengaluru; Editing by Tasim Zahid

Reuters - 4 weeks ago

CH Robinson Says Been Diverting Some US Customers’ Cargo Away From Canadian Ports In Anticipation Of Possible Strikes

BRIEF-CH Robinson Says Been Diverting Some US Customers’ Cargo Away From Canadian Ports In Anticipation Of Possible Strikes Aug 19 (Reuters) - CH Robinson Worldwide Inc CHRW.O : CH ROBINSON: IN ANTICIPATION OF POSSIBLE STRIKES, WE’VE BEEN DIVERTING SOME U.S. CUSTOMERS’ CARGO AWAY FROM CANADIAN PORTS CH ROBINSON: SOME CANADIAN EXPORT CUSTOMERS

Reuters - 4 weeks ago

Canada tells rail companies, union to work harder to avert crippling stoppage

UPDATE 4-Canada tells rail companies, union to work harder to avert crippling stoppage Adds comment from minister's office By David Ljunggren and Promit Mukherjee OTTAWA, Aug 19 (Reuters) - Canada's labor minister will meet with the country's two main railway companies and the Teamsters union in Montreal on Tuesday and Calgary on Wednesday to try to avert a crippling rail transport stoppage .

Reuters - 4 weeks ago

Oil pipeline capacity to spare Canadian exports from looming rail dispute

UPDATE 1-Oil pipeline capacity to spare Canadian exports from looming rail dispute Adds details on hazardous materials in paragraph 3 By Arathy Somasekhar HOUSTON, Aug 19 (Reuters) - A looming labor dispute at Canada's two main railroads is unlikely to significantly reduce oil exports to the United States due to excess capacity on Trans Mountain and other pipelines, people close to the matter said.

Reuters - 4 weeks ago

Oil pipeline capacity to spare Canadian exports from looming rail dispute

Oil pipeline capacity to spare Canadian exports from looming rail dispute By Arathy Somasekhar HOUSTON, Aug 19 (Reuters) - A looming labor dispute at Canada's two main railroads is unlikely to significantly reduce oil exports to the United States due to excess capacity on Trans Mountain and other pipelines, people close to the matter said. North American shippers such as fertilizer supplier Nutrien NTR.TO and U.S.

Reuters - 1 month ago

Industry and shippers brace for Canada rail stoppage, fear 'catastrophe'

UPDATE 1-Industry and shippers brace for Canada rail stoppage, fear 'catastrophe' Talks between rail companies and Teamsters deadlocked, each side accuses other of bad faith Industry groups urge Trudeau's government to prevent stoppage, citing economic impact U.S. rail operator Norfolk Southern embargoes hazardous cargoes to/from CN and CPKC networks Add details from logistics firms, lobby associations, details on impact By David Ljunggren and Promit Mukherjee OTTAWA, Aug 14 (Reuters) - North Am

Reuters - 1 month ago

Industry and shippers brace for Canada rail stoppage, fear 'catastrophe'

Industry and shippers brace for Canada rail stoppage, fear 'catastrophe' Talks between rail companies and Teamsters deadlocked, each side accuses other of bad faith Industry groups urge Trudeau's government to prevent stoppage, citing economic impact U.S. rail operator Norfolk Southern embargoes hazardous cargoes to/from CN and CPKC networks By David Ljunggren, Promit Mukherjee OTTAWA, Aug 14 (Reuters) - North American industry groups and shippers are bracing for an unprecedented simultaneous st

Reuters - 2 months ago

U.S. stocks weekly: Jitters

RPT-BUZZ-U.S. stocks weekly: Jitters Repeats from Friday with no changes to text. Updates chart ** S&P 500 .SPX extends losing streak to three weeks, slides 2.1% as recession fears reemerge .N ** Though 100-DMA, just above 5,300, acting as support, essentially contains SPX weakness ** Cboe Volatility Index .VIX , Wall Street 'fear gauge', leaps on Fri to nearly 30, closes at highest since Mar 2023 ** Nasdaq .IXIC slumps 3.4% on the week, confirms correction ; indeed, four FANGs fail to fend off

Reuters - 2 months ago

U.S. stocks weekly: Jitters

BUZZ-U.S. stocks weekly: Jitters ** S&P 500 .SPX extends losing streak to three weeks, slides 2.1% as recession fears reemerge .N ** Though 100-DMA, just above 5,300, acting as support, essentially contains SPX weakness ** Cboe Volatility Index .VIX , Wall Street 'fear gauge', leaps on Fri to nearly 30, closes at highest since Mar 2023 ** Nasdaq .IXIC slumps 3.4% on the week, confirms correction ; indeed, four FANGs fail to fend off further Nasdaq flop ** U.S.

Reuters - 2 months ago

U.S. STOCKS Spirit Airlines, Labcorp, Air Products and Chemicals

BUZZ-U.S. STOCKS ON THE MOVE-Spirit Airlines, Labcorp, Air Products and Chemicals Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main stock indexes fell over 1% on Thursday, bogged down by megacap tech and chip stocks, while small-caps bore the brunt of selling pressure as weak manufacturing data renewed concerns around a slowdown in the U.S.

Reuters - 2 months ago

U.S. CH Robinson Worldwide, Dayforce, Entegris

U.S. RESEARCH ROUNDUP-CH Robinson Worldwide, Dayforce, Entegris Aug 1 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including CH Robinson Worldwide, Dayforce and Entegris, on Thursday. HIGHLIGHTS * CH Robinson Worldwide Inc CHRW.O : JP Morgan raises to overweight from neutral * Dayforce Inc DAY.N : Piper Sandler raises to overweight from neutral * Entegris Inc ENTG.O : Seaport Research Partners raises to buy from neutral * M

Reuters - 2 months ago

CH Robinson Worldwide Inc reports results for the quarter ended in June - Earnings Summary

CH Robinson Worldwide Inc reports results for the quarter ended in June - Earnings Summary CH Robinson Worldwide Inc CHRW.OQ reported quarterly adjusted earnings of $1.15 per share for the quarter ended in June, higher than the same quarter last year, when the company reported EPS of 90 cents. The mean expectation of twenty one analysts for the quarter was for earnings of 96 cents per share.

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