InterceptRadio.com Forums
http://www.interceptradio.com/bbs/

Buffett Buy of BNSF Jolts Transports out of Malaise
http://www.interceptradio.com/bbs/viewtopic.php?f=17&t=3327
Page 1 of 1

Author:  icom1020 [ Tue Nov 03, 2009 6:27 pm ]
Post subject:  Buffett Buy of BNSF Jolts Transports out of Malaise

http://blogs.wsj.com/marketbeat/2009/11 ... f-malaise/


By Matt Phillips

"The Dow Jones Transportation index shot higher, up about 5%, as railroad stocks surged on the news that Warren Buffett’s Berkshire Hathaway is buying the Burlington Northern Santa Fe. Transport railroad stocks Union Pacific, Norfolk Southern and CSX are all the biggest contributors to the breakout in the the 20-stock measure higher — besides BNSF, of course, which is up 28%, after the deal news.

The sharp breakout ruptures a down trend that set in on Oct. 20. Some market watchers have been keeping an eye on that move lower in the Dow Transports for clues about the future of the broader stock market. Still, the transports are up roughly 68% since March 9, outpacing the roughly 50% runup in the Dow seen through the close yesterday."

Can't wait to see what his business car will look like, maybe they'll bring the F units back.

Author:  SpudGunMan [ Tue Nov 03, 2009 7:11 pm ]
Post subject:  Re: Buffett Buy of BNSF Jolts Transports out of Malaise

hehe I was just listen to that on K7LED this morning. I was gonna post that but don't know anything about trains

Author:  Brian10 [ Thu Dec 17, 2009 1:19 pm ]
Post subject:  Re: Buffett Buy of BNSF Jolts Transports out of Malaise

is it True That in the Late 60s Burlington Northern was Created with the Help of the US Gvt ? :beer: :puke:

Author:  KE7JFF [ Thu Dec 17, 2009 6:39 pm ]
Post subject:  Re: Buffett Buy of BNSF Jolts Transports out of Malaise

Brian10 wrote:
is it True That in the Late 60s Burlington Northern was Created with the Help of the US Gvt ? :beer: :puke:


Umm...No....and BN was formed in 1970.

Author:  icom1020 [ Thu Dec 17, 2009 8:10 pm ]
Post subject:  Re: Buffett Buy of BNSF Jolts Transports out of Malaise

maybe it will be the WB N

Author:  Brian10 [ Fri Dec 18, 2009 1:43 am ]
Post subject:  Re: Buffett Buy of BNSF Jolts Transports out of Malaise

:bowdown: wow ok shows you what I Know. Thanks :bowrofl:

Page 1 of 1 All times are UTC - 8 hours
Copyright © 2013 Interceptradio.com