Core Viewpoint - FTAI Infrastructure Inc. is set to announce its financial results for Q4 and full year 2025 on February 26, 2026, after Nasdaq closes [1] Group 1: Financial Results Announcement - The financial results will be available on the company's Investor Relations website [1] - A conference call to discuss the results will take place on February 27, 2026, at 8:00 A.M. Eastern Time [2] - Participants can register for the conference call through a provided link to receive dial-in information [2] Group 2: Conference Call Details - A simultaneous webcast of the conference call will be accessible to the public on a listen-only basis [3] - A replay of the conference call will be available from February 27, 2026, at 11:30 A.M. until March 6, 2026, at 11:30 A.M. [3] Group 3: Company Overview - FTAI Infrastructure Inc. focuses on investing in critical infrastructure sectors such as rail, ports, terminals, and power and gas [5] - The company aims to generate strong and stable cash flows with potential for earnings growth and asset appreciation [5] - FTAI Infrastructure is externally managed by an affiliate of Fortress Investment Group LLC, a diversified global investment firm [5]

Construction on a new $16 billion rail tunnel project connecting New Jersey and Manhattan will stop as soon as next week unless the federal government unlocks funds tied to the development. https://t.co/cPMCv2AZCH ...

Financial Performance - Union Pacific reported a full year 2025 net income of $7.1 billion, an increase of 6% from $6.7 billion in 2024, with diluted EPS rising to $11.98 from $11.09, an 8% increase [1][2] - The fourth quarter net income was $1.8 billion, with diluted EPS at $3.11, compared to $1.76 billion and $2.91 in the same quarter of 2024 [1][2] - Adjusted full year net income for 2025 was $6.9 billion, up 3% from $6.8 billion in 2024, with adjusted diluted EPS at $11.66, a 5% increase from $11.11 [1][2] Operating Results - The full year operating ratio improved to 59.8%, a 10 basis point enhancement, while the adjusted operating ratio was 59.3%, improving by 60 basis points [1][2] - Fourth quarter operating ratio was reported at 60.5%, which is 180 basis points worse than the previous year, with an adjusted operating ratio of 60.0%, 190 basis points worse [1][2] - Revenue carloads for the full year increased by 1%, while fourth quarter carloads declined by 4% [1][2] Efficiency Metrics - Workforce productivity for the full year improved by 7% to 1,132 car miles per employee, while fourth quarter productivity was 1,151 car miles per employee, a 3% increase [1][2] - Average train length increased by 3% to 9,729 feet in the fourth quarter, and average terminal dwell improved by 9% to 19.8 hours [1][2] - Freight car velocity for the full year was 225 daily miles per car, an 8% increase, while fourth quarter velocity was 239 daily miles per car, a 9% increase [1][2] Revenue Breakdown - Operating revenue for 2025 was $24.5 billion, up 1% from $24.25 billion in 2024, driven by core pricing gains and higher volume [1][2] - Freight revenue excluding fuel surcharge grew by 3% for the full year, while total freight revenues for the fourth quarter decreased by 1% to $5.759 billion [1][2] - Key freight revenue categories included grain and grain products at $3.926 billion for the full year, a 3% increase, and coal and renewables at $1.786 billion, a 20% increase [2][3] Capital Allocation and Future Outlook - The company plans a capital allocation of $3.3 billion for 2026, with consistent annual dividend increases [1][2] - Union Pacific is focused on improving safety, service, and operational efficiencies while navigating the regulatory process for the creation of America's first transcontinental railroad [1][2]

Core Viewpoint - Berkshire Hathaway Inc. (BRK.B) is expected to report a decline in earnings per share (EPS) for the fiscal fourth quarter of 2025, reflecting broader challenges in its financial performance [2][3]. Financial Performance - Analysts anticipate BRK.B will report a profit of $4.89 per share on a diluted basis, which is a decrease of 27.3% from $6.73 per share in the same quarter last year [2]. - For the full fiscal year, EPS is projected to be $20.86, down 5.2% from $22 in fiscal 2024, and is expected to decline further to $19.98 in fiscal 2026, representing a year-over-year decrease of 4.2% [3]. Stock Performance - Over the past 52 weeks, BRK.B stock has underperformed the S&P 500 Index, which gained 13.7%, with BRK.B shares only increasing by 3.3% during this period [4]. - The stock also lagged behind the Financial Select Sector SPDR Fund, which saw a gain of 5.6% in the same timeframe [4]. Recent Earnings Report - On November 1, 2025, BRK.B reported its Q3 results, showing a year-over-year EPS increase of 17.2% to $14.28, although its insurance-investment income fell to $3.2 billion, down 13.2% year over year [5]. Analyst Ratings - The consensus opinion on BRK.B stock is moderately bullish, with a "Moderate Buy" rating. Among six analysts, two recommend a "Strong Buy" and four suggest a "Hold" [6]. - The average analyst price target for BRK.B is $537.75, indicating a potential upside of 11.1% from current levels [6].

Core Viewpoint - Canadian Pacific Kansas City Limited (CP) is facing significant challenges in the rail industry, with downward revisions in earnings estimates and a decline in share price, despite some cautious optimism from analysts [1][6]. Financial Performance - CP's earnings estimates have been revised downward by 2.25% for Q1 2026, and by 2.92% and 3.78% for the years 2025 and 2026, respectively, indicating a lack of confidence from brokers [3]. - The company's share price has declined by 9.7% over the past year, reflecting broader industry pressures [3]. Operating Expenses and Financial Health - Operating expenses for CP have increased in 2025 primarily due to labor agreements, despite a reduction in fuel costs, which raises concerns about financial sustainability [4]. - High leverage and limited cash reserves are significant issues for CP, making it a less attractive investment option [4]. Market Position and Analyst Ratings - Kansas City Capital maintains a "Buy" rating for CP with a cautious outlook, while BofA has raised the price target from $82 to $84, indicating some level of confidence in CP's future performance [2]. - On the day of the announcement, CP's stock experienced a slight increase of 0.23%, with a market capitalization of approximately $68 billion and a trading volume of 1,374,232 shares [5].

Brightline, the private rail line between Miami and Orlando, said it’s considering issuing $100 million in additional debt for operations and to pay potential legal claims, according to its latest ridership and revenue report. https://t.co/71ZfZEdo2f ...

Hedge funds with a stake in Brightline’s $1.1 billion of corporate debt are crafting a plan to elevate their claims over other similar creditors by offering new financing and concessions to the struggling high-speed rail project. https://t.co/pyflhWnvKy ...

Project Status & Funding - Two major transit infrastructure projects in New York City are ongoing: a new Hudson Rail tunnel connecting Manhattan and New Jersey, and a Second Avenue subway extension into Harlem [1][2] - An $18 billion funding halt in October did not stop work or payment to workers on either project [2][3] - The federal government is reviewing the projects to ensure compliance with new rules [4] Regulatory Compliance - The MTA (Metropolitan Transportation Authority) and the Gateway project are communicating with the Trump administration to comply with new rules [5] - Contracts cannot give special priority to women and minority-owned projects, although they can still be considered part of the disadvantaged business enterprise program [5][6] - Both transit organizations state they can comply with the new rules without problems, allowing work to continue [6]

Core Insights - Wabtec Corporation has completed the acquisition of Frauscher Sensor Technology Group for an enterprise value of €675 million, reflecting a multiple of 12.4x projected 2025 EBITDA adjusted for cost synergies [1] - Frauscher is expected to generate approximately €145 million in revenues in 2025 [1] Company Overview - Founded in 1987, Frauscher is a global leader in train detection, wayside object control solutions, and axle counting systems, employing over 700 people across 15 countries [2] - The integration of Frauscher into Wabtec's Digital Intelligence business is anticipated to enhance Wabtec's offerings [2] Strategic Benefits - The acquisition is expected to create immediate shareholder value, with accretive growth, improved adjusted earnings before interest and taxes margins, and enhanced return on invested capital over time [4] - Wabtec's Digital Intelligence portfolio will be broadened, increasing business opportunities in the high-growth railway signaling market [4][8] Executive Statements - Nalin Jain, president of Wabtec's Digital Intelligence Group, emphasized that the combination of Wabtec's digital portfolio with Frauscher's technology will provide innovative solutions for rail operators [3] - Rafael Santana, president and CEO of Wabtec, stated that this strategic acquisition aligns with Wabtec's long-term growth strategy, enhancing value for customers, shareholders, and employees [5]

Core Insights - Wabtec has acquired Frauscher Sensor Technology Group for an enterprise value of €675 million ($783.9 million) in cash, enhancing its capabilities in railway sensing systems [1] - The acquisition aligns with Wabtec's long-term growth strategy, focusing on innovation, productivity, safety, and reliability in the railway sector [4] Company Overview - Frauscher, founded in 1987 and based in Austria, employs over 700 people across 15 countries and specializes in train detection, wayside object control solutions, and axle counting systems [1][2] - The company is expected to generate nearly €145 million in revenue in 2025, indicating its significant market presence [2] Strategic Implications - Wabtec's CEO, Rafael Santana, emphasized that the acquisition will enhance value for customers, shareholders, and employees, and will strengthen Wabtec's Digital Intelligence business by adding complementary railway signaling technologies [3] - The combination of Wabtec's Digital Intelligence portfolio with Frauscher's products is expected to open opportunities in a high-potential market, driving sustained growth and profitability [3][5] Market Positioning - The acquisition supports Wabtec's international growth strategy, particularly in Europe and India, where Frauscher has a notable presence [2] - Wabtec aims to provide innovative solutions to optimize rail operations, addressing the growing transportation demands globally [5]