Genesee & Wyoming (GWR) to Acquire Providence and Worcester Railroad (PWX) in $126M Deal

Go back to Genesee & Wyoming (GWR) to Acquire Providence and Worcester Railroad (PWX) in $126M Deal

Credit Suisse Raises Price Target on Genesee & Wyoming (GWR) Following Announced P&W (PWX) Acquisition

August 16, 2016 10:24 AM EDT

Credit Suisse reiterated an Outperform rating on Genesee & Wyoming (NYSE: GWR), and raised the price target to $73.00 (from $70.00), following the company's announced acquisition of Providence and Worcester Railroad Company (P&W) (NASDAQ: PWX) for $126 million, or $25/sh, representing a 53% premium... More

Providence & Worcester Railroad (PWX) will resume trading at 9:00am ET

August 15, 2016 8:39 AM EDT

Providence & Worcester Railroad Company (NASDAQ: PWX) will resume trading at 9:00am EDT.

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Genesee & Wyoming (GWR) Reports 8.5% Drop in Traffic for July 2016

August 11, 2016 5:02 PM EDT

Genesee & Wyoming Inc. (G&W) (NYSE: GWR) reported traffic volumes for July 2016.

G&Ws traffic in July 2016 was 242,950 carloads, a decrease of 22,451 carloads, or 8.5%, compared with July 2015.

The table below sets forth summary total carloads by segment for July 2016 and July 2015.

Segment July 2016 July 2015... More