ABU DHABI/WAM On behalf of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, H.H. ...
Read More »US railroad profit rebound plays catch-up to 2016 stock surge
Bloomberg With US railroads forecast to report their first earnings growth since 2015, a stock rally that began in anticipation of the profit rebound is looking overdone. An index of major carriers has jumped more than 55 percent since sinking to a three-year low Jan. 25, more than doubling the S&P 500 Index’s return. The surge pushed railroad stock ...
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