Company earnings
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Home Depot not baking in any impact from coronavirus
The Home Depot continues to report record sales growth on the back of a “very strong” consumer.
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Restored biodiesel blender credit boosts TravelCenters of America Q4 profits
Higher fuel sales and restoration of the federal tax credit for biodiesel blending boosted the bottom line. However, operating margins continued to be under pressure…
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BNSF’s fourth-quarter and annual profits rise
Lower operating expenses helped buoy BNSF’s quarterly and annual profits despite declines in rail volumes and revenue.
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Magna beats expectations in fourth quarter, but coronavirus risks loom
Higher margins from completed vehicles help offset hit from GM strike as Canadian auto manufacturer warns of potential impact of coronavirus.
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Americold’s outlook for temperature-controlled storage remains strong
Americold sees “lots of occupancy opportunities” for cold storage moving forward.
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Trinity ‘right-sizing’ production capacity with market demand
The rail equipment manufacturer and lessor is reducing deliveries of new railcars at the start of 2020, but it’s eyeing an improving market later this…
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Atlas Air offers optimistic outlook despite 4Q operating loss
Atlas Air had a difficult year in 2019, but has made some tactical decisions to turn around its financial performance.
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Allison Transmission reports weaker Q4 across-the-board results
Heavy-duty transmission maker Allison reported lower sales and profits across its product line with its North America on-highway business the sole exception.
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Maersk holds out hope for V-shaped coronavirus recovery
Outlook of world’s largest container line hinges on timing of coronavirus containment.
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Trinity Industries’ quarterly profit falls but revenues rise
The rail equipment manufacturer and lessor managed to increase quarterly revenues despite a slump in North American railcar demand.
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