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BMO Capital Raises CSX Price Target, Sees Continued Freight Recovery
Yahoo Finance· 2026-02-23 02:33
CSX Corporation (NASDAQ:CSX) is included among the 13 Best NASDAQ Dividend Stocks to Buy Now. BMO Capital Raises CSX Price Target, Sees Continued Freight Recovery On February 19, BMO Capital raised its price recommendation on CSX Corporation (NASDAQ:CSX) to $41 from $38. The firm reiterated a Market Perform rating on the shares. The update came as part of a broader research note on the transportation sector. The firm said the strong rally in transportation stocks since late November 2025 still looks reas ...
Union Pacific Recognizes 16 Customers, Suppliers with Sustainability Partner Awards
Businesswire· 2025-11-06 19:00
Core Points - Union Pacific Railroad has recognized 16 customers and suppliers with its 2025 Sustainability Partner Awards for their commitment to sustainability initiatives [1][3] - The awards celebrate organizations that demonstrate measurable progress towards sustainability goals through innovation and collaboration [1][3] - Kenny Rocker, executive vice president of Marketing and Sales, emphasized the importance of environmentally responsible freight movement and the role of rail in reducing highway congestion [2] Award Details - The award program is in its third year and is open to Union Pacific's customers and suppliers [3] - Winners were selected based on their sustainability efforts, innovative practices, and collaboration with stakeholders [3] - The list of winners includes notable companies such as Dow Chemical, General Motors, and Toyota North America [3][4] Event Highlights - The award ceremony took place on November 6 at Lauritzen Gardens in Omaha, Nebraska, where winners shared their sustainability initiatives [4] - Companies interested in applying for next year's award are encouraged to contact their Union Pacific sales or supply representative [4] Company Overview - Union Pacific operates in 23 western states, providing safe and efficient freight services [5] - The company positions rail as the most environmentally responsible method for freight transportation, highlighting its efficiency in fuel usage [2][5]
IPO market is ‘really strong,’ NYSE president says, calls for long-term focus
Fortune· 2025-10-17 12:39
Market Overview - Market uncertainty has increased in October due to renewed concerns over the U.S.–China trade war [1] - Lynn Martin, president of the NYSE Group, emphasized the strength of the U.S. economy and the positive fundamentals, noting that big banks reported strong earnings [2] IPO Market - Public listings on the NYSE have significantly rebounded in 2025, with a strong IPO market across all sectors [3] - The digital finance sector, including crypto exchanges and stablecoin firms, has performed particularly well, with notable IPOs such as Circle, Figma, and Klarna [3] Regulatory Environment - The SEC issued updated guidance allowing some IPOs to proceed under a 20-day effectiveness rule due to the recent government shutdown [4] - Martin noted that while many companies are choosing to stay private longer due to the costs associated with being public, she does not see significant headwinds for those pursuing IPOs [4] Reporting Changes - Martin expressed optimism about the SEC's proposal for semiannual reporting, which could ease the transition for private companies into public markets [5][6] - The NYSE has long advocated for simplified reporting requirements to reduce costs associated with being a public company [6] Corporate Leadership Changes - Christopher DelOrefice was appointed CFO of Ulta Beauty, effective Dec. 5, succeeding Paula Oyibo [7] - Lydia Brown has been appointed CFO of Citrin Cooperman, effective Oct. 13, bringing over 30 years of experience [9] - Vitor Roque has been named interim CFO at Becton, Dickinson and Company, following Chris DelOrefice's departure [10]
Vertiv Names Craig Chamberlin as Chief Financial Officer
Prnewswire· 2025-10-13 10:45
Core Insights - Vertiv Holdings Co has appointed Craig Chamberlin as Executive Vice President and Chief Financial Officer, effective November 10, 2025, succeeding David Fallon who will retire and serve as a consultant until December 31, 2026 [1][4] Group 1: Leadership Transition - Craig Chamberlin joins Vertiv from Wabtec Corporation, where he was Group Vice President and CFO of the ~$3 billion Transit segment, demonstrating operational leadership in margin improvement and strategic capital deployment [2] - Giordano (Gio) Albertazzi, CEO of Vertiv, expressed confidence in Chamberlin's track record in operational finance and business transformation, aligning with Vertiv's strategic priorities for margin expansion and global operations optimization [3] - David Fallon is recognized for his leadership during his eight-year tenure as CFO, successfully navigating Vertiv's transition to a public company and enhancing shareholder value [4] Group 2: Chamberlin's Background - Prior to Wabtec, Chamberlin spent 14 years at General Electric in senior financial roles, including Executive Director and CFO of Global Supply Chain and Engineering for GE Transportation [2] - Chamberlin holds an MBA in Operations and Logistics and a Bachelor of Science in Electrical Engineering from Ohio University [2] Group 3: Company Overview - Vertiv provides hardware, software, analytics, and services to support critical applications in data centers, communication networks, and industrial facilities, operating in over 130 countries [5]