FTXR

U.S. weekly rail traffic rises 0.8% year-over-year

U.S. Weekly rail traffic rises 0.8% year-over-year for the week ending April 20, 2024. Seven of the 10 carload commodity groups posted a year- over-year increase. Total carloads fell 6.7% to 216,945 in the week.

Why Is Norfolk Southern Stock Taking A Hit Today?

Norfolk Southern Corporation reported worse-than-expected first-quarter FY24 financial results. Company's revenue declined 4% Y/Y to $3.004 billion, missing the consensus of $2.58 billion. The company also announced a $600 million settlement related to the East Palestine derailment.

General Motors Q1 Earnings Surprise: North America Growth, Rising Profit Margin And Annual Guidance Boost

General Motors Company reported a fiscal first-quarter 2024 sales growth of 7.6% year-on-year to $43.01 billion. The automaker beat the analyst consensus estimate of $41.88 billion. GM's market share reached 8.1% for the quarter. The company also raised its FY24 guidance for sales growth to 7.5%.

Weekly Report: what happened at FTXR last week (0415-0419)?

U.S. weekly rail traffic rises 1.5% year-over-year

Weekly Report: what happened at FTXR last week (0408-0412)?

Why Ford Motor Shares Are Falling Today

The National Highway Traffic Safety Administration initiated an investigation into the recall of 42,652 Ford SUVs. The company recalled the Bronco Sport and Escape vehicles in the U.S. Due to fuel leak risks potentially causing fires. Ford plans to incorporate fuel injector leak detection into the engine control software.

What's Going On With Ford Shares After It Recalled 42,652 Bronco Sport & Escape vehicles?

Ford Motor Company will recall 42,652 Bronco Sport and Escape vehicles in the U.S. Due to broken fuel injectors that may leak and induce a fire. Earlier in January, the auto behemoth recalled 2.24 million older Explorer sport utility vehicles worldwide. F stock has gained over 3% in the past year.