Search
Friday 26 June 2015
  • :
  • :
Latest Update

Pre-Market News Buzz on: CSX, (NYSE:CSX), Lennar, (NYSE:LEN), Encana Corporation, (NYSE:ECA)

On Wednesday, Shares of CSX Corp. (NYSE:CSX), lost -2.78% to $33.89.

CSX Corporation, and its wholly-owned partner Total Service Distribution, Inc. (TDSI) have been recognized by the Association of American Railroads with its industry awards for the highest-quality automotive ramp service performance in the United States.

The AAR awards, given each year to one origin and one destination facility in the industry, recognized CSX’s Strawberry Yard in Louisville, Kentucky as the top origin for finished vehicle staging and loading and CSX’s facility at Palm Center, Florida as the top destination for light vehicle unloading in 2014. The recognition is the result of quality review audits that examine the policy, procedures and conditions at the facilities, emphasizing safe operations and the handling of vehicles to prevent damage.

“The recognition of these facilities is indicative of the level of quality we deliver throughout our network of world-class vehicle distribution centers,” said Clarence Gooden, executive vice president and chief commercial officer, CSX. “Our core strategy for our automotive customers focuses on delivering safe, high-quality service every day, and we appreciate the recognition of the hard work of our automotive network employees.”

CSX Corporation, together with its auxiliaries, provides rail-based transportation services in the United States and Canada. It offers traditional rail services, and transports intermodal containers and trailers. The company transports crushed stone, sand and gravel, metal, phosphate, fertilizer, food, consumer, agricultural, automotive, paper, and chemical products; and coal, coke, and iron ore to electricity-generating power plants, steel manufacturers, and industrial plants, in addition to exports coal to deep-water port facilities.

Shares of Lennar Corp. (NYSE:LEN), inclined 4.20% to $51.06, during its last trading session.

Lennar Corporation, declared that its Board of Directors has declared a quarterly cash dividend of $0.04 per share for both Class A and Class B common stock payable on July 22, 2015 to holders of record at the close of business on July 8, 2015.

Lennar Corporation, together with its auxiliaries, engages in the homebuilding activities in the United States. The company operates through Homebuilding East, Homebuilding Central, Homebuilding West, Homebuilding Southeast Florida, Homebuilding Houston, Financial Services, Rialto, and Lennar Multifamily segments.

Finally, Encana Corporation (NYSE:ECA), ended its last trade with -0.83% loss, and closed at $11.88, as oil prices have fallen as the weekly US industry report showed domestic output still high and commercial fuel inventories generous.

In New York US benchmark West Texas Intermediate for August delivery lost 74 cents at $US60.27 a barrel in NYMEX trade on Wednesday.

Encana Corporation, together with its auxiliaries, engages in the development, exploration, production, and marketing of natural gas, oil, and natural gas liquids in Canada and the United States.

DISCLAIMER:

This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.




Leave a Reply

Your email address will not be published. Required fields are marked *