(Bloomberg) — Bill Gates sold about $940 million of Canadian National Railway Co. shares, trimming one of the largest holdings of the investment firm that controls his $117 billion personal fortune. Cascade Investment unloaded roughly 12% of its shares in the Montreal-based company from April 27 to May 12, leaving it with a stake of […]
Read MoreOne of the things that makes the markets interesting to me is the way that history often informs – even though it doesn’t necessarily predict – current market activity. The fact that previous lows often help the market to find new lows, and previous highs often lead to current highs, for example, lends credence to […]
Read MoreFiguratively speaking, starting a new year generally means not only turning the page, but also closing the book on the year before. From a practical standpoint, as investors that can be a little bit difficult, because the questions that have to be answered about the past year include not only profit and loss, but also […]
Read MoreFor a lot of different reasons, 2021 has been an interesting year for just about all of us. The pandemic has not abated this year as some experts predicted, and certainly as all of us hoped; the rise of the new COVID variants has kept pressures from the ongoing health crisis at the forefront of […]
Read MoreFreightCar America, Inc. (RAIL) FreightCar America, Inc., through its subsidiaries, designs, manufactures, and sells railcars and railcar components for the transportation of bulk commodities and containerized freight products primarily in North America. It operates through two segments, Manufacturing and Parts. The company offers a range of freight cars, including open top hoppers; covered hopper cars; […]
Read MoreMany of us got our first exposure to railroad stocks by playing Monopoly. The $200 cost to purchase each of the four proved to be one of the board’s fairly lucrative investments. “Rent” started at $25, then doubled for every other railroad owned on the board. The game board aside, railroads aren’t flashy or exciting. […]
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