Core Viewpoint - Wabtec Corporation has completed the acquisition of Dellner Couplers, enhancing its Transit portfolio and positioning the company for accelerated growth in the passenger rail sector [1] Group 1: Acquisition Details - The acquisition of Dellner Couplers, a leader in train connection systems, is expected to bring complementary technologies to Wabtec [1] - Dellner Couplers has an 85-year legacy in innovation and a global installed base of approximately 100,000 couplers and 12,500 gangways [1] - The acquisition aligns with Wabtec's long-term vision of driving innovation, productivity, safety, and reliability in the rail industry [1] Group 2: Company Background - Wabtec Corporation is a leading global provider of equipment, systems, digital solutions, and value-added services for the freight and transit rail industries [1] - The company has been a leader in the rail industry for over 155 years, aiming for an efficient rail system globally [1] - Dellner Couplers serves over 200 customers and employs over 1,200 people across 17 offices worldwide [1]

Core Insights - CSX Corporation has signed a $670 million deal with Westinghouse Air Brake Technologies to modernize its fleet and enhance network performance [1][9] - The deal includes the acquisition of 100 new Evolution Series locomotives and the modernization of 50 existing units [1][9] - The new locomotives aim to improve fuel efficiency, tractive effort, and overall reliability, particularly for long-haul and heavy-haul operations [2] Fleet Modernization - CSX will convert aging D9 locomotives from DC to AC traction, extending their service life and improving fleet standardization [3] - Upgrades will enable the deployment of advanced control and diagnostic technologies to enhance fuel performance and operational productivity [3] - Both new and modernized locomotives will be equipped with Trip Optimizer and Smart Horsepower per Ton systems to optimize fuel usage [4] Delivery Timeline - Deliveries of the new locomotives will begin this year, with modernization efforts expected to roll out by 2027 [4] Share Price Performance - CSX's shares have increased by 24.3% over the past year, outperforming the Transportation - Rail industry's growth of 8.4% [7][9]

PITTSBURGH--(BUSINESS WIRE)-- #WeAreWabtec--Wabtec Corporation (NYSE: WAB) announced today that its Board of Directors declared a regular quarterly common dividend of 31 cents per share, payable on March 2, 2026, to holders of record on February 17, 2026. About Wabtec Wabtec Corporation is revolutionizing the way the world moves for future generations. The Company is a leading global provider of equipment, systems, digital solutions and value-added services for the freight and transit rail industries, as we ...

Key Takeaways Union Pacific struck a $1.2B agreement with Wabtec to modernize a locomotive fleet. WAB gains revenue visibility as the deal delivers fuel savings, higher tractive effort and reliability. UNP targets efficiency, sustainability, and asset life extension by embedding diagnostics and control.Union Pacific(UNP) is doubling down on large-scale fleet modernization with its $1.2 billion agreement with Westinghouse Air Brake Technologies (WAB) , operating as Wabtec Corporation, a move that signals a ...

Core Viewpoint - Wabtec Corporation is poised for strong earnings growth in Q4 2025, driven by increased revenues in both Freight and Transit segments, despite facing operational challenges and supply chain disruptions [2][3]. Group 1: Earnings and Financial Performance - Wabtec is set to announce its fourth-quarter 2025 earnings on February 11, with a consensus EPS estimate of $2.07, reflecting a 23.2% increase from the previous year [2]. - The consensus sales estimate for Wabtec is $2.86 billion, indicating a 10.6% rise from the prior year [2]. - Freight revenues are expected to grow by 11.7%, while Transit sales are projected to increase by 8.2%, driven by strong aftermarket demand [3]. Group 2: Stock Performance - Wabtec's stock is currently priced at $243.46, marking a 3.04% increase or $7.19 [4]. - The stock has fluctuated between a low of $237.88 and a high of $243.90 today, with the latter being its highest price over the past year [4]. - Wabtec has a market capitalization of approximately $41.62 billion [4].

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]

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 ...