QUOTE AND NEWS
SeekingAlpha  Jul 23  Comment 
By Ivan Sack: On June 11, 2014, I wrote an article in which I advanced Trinity Industries Inc. (NYSE:TRN) as a "buy" given its strong fundamentals and the likelihood of its rail operations continuing to benefit from the still growing Bakken oil...
Insurance Journal  Jul 21  Comment 
Trinity Industries Inc.’s courtroom defense of the safety of its highway guardrails prompted a federal judge to declare a mistrial because of “serious concerns” about a company witness’s truthfulness. U.S. District Judge Rodney Gilstrap in...
Insurance Journal  Jul 14  Comment 
Trinity Industries Inc. will have 13 hours this week to fight allegations its highway guardrail systems are a deadly hazard that spear cars on impact, with as much as $1 billion at stake for the company. U.S. District Judge Rodney … The...
Forbes  Jul 9  Comment 
Looking at the universe of stocks we cover at Dividend Channel, on 7/11/14, Trinity Industries, Inc. (NYSE: TRN), Harsco Corp. (NYSE: HSC), and Greenbrier Companies Inc (NYSE: GBX) will all trade ex-dividend for their respective upcoming...
SeekingAlpha  Jun 30  Comment 
By The Value Investor: Trinity Industries (TRN) announced the acquisition of Meyer Steel Structures in a move to expand its presence in the utility steel structure business, which reduces the reliance upon its booming railcar business. Shares...
Benzinga  Jun 30  Comment 
In a report published Monday, Stifel analyst Michael Baudendistel reiterated a Buy rating on Trinity Industries (NYSE: TRN), and raised the price target from $45.00 to $46.00. In the report, Stifel noted, “On Friday, Trinity Industries...
TheStreet.com  Jun 27  Comment 
NEW YORK (TheStreet) -- Shares of Trinity Industries  are up 0.70% to $43.34 in late trading on Friday after it agreed to acquire the Meyer Steel Structures business of ABB Ltd for about $600 million.Trinity expects the transaction will be...
StreetInsider.com  Jun 27  Comment 
* Trinity Industries (NYSE: TRN) announced that it has entered into an agreement to acquire the assets of Meyer Steel Structures (“Meyer”), the utility steel structures division of Thomas & Betts Corporation, a member of the ABB Group, for a...
newratings.com  Jun 27  Comment 
WASHINGTON (dpa-AFX) - Railcar maker Trinity Industries, Inc. (TRN) has agreed to acquire the assets of Meyer Steel Structures, the utility steel structures division of Thomas & Betts Corp. (TNB), a member of the ABB Group, for about $600 million....
StreetInsider.com  Jun 25  Comment 
UPGRADES UBS upgrades Trinity Industries (NYSE: TRN) from Neutral to Buy. BofA/Merrill Lynch moves Restoration Hardware (NYSE: RH) from Neutral to Buy and boosts its price target from $85 up to $110. Click Here for more color. Goldman Sachs...




RELATED WIKI ARTICLES

Related Articles

 
TOP CONTRIBUTORS

Trinity Industries (NYSE: TRN) is a manufacturing company which specializes on railcars. The company makes money by selling railcars, railcar parts, highway products like guardrails, inland barges, wind towers, pressurized and non-pressurized tanks. Trinity Industries also leases tank and freight cars to clients. Most of these leases range from a single year to 20 years in length. The company runs most of its operations in North America.[1] For the full year 2010, Trinity Industries announced a total revenue of $2.2B and a net income of $75.4M..[2]

Trinities manufactured goods rely heavily on the prices for steel, its main raw input. Most of the company's products are built out of steel. Furthermore, steel makes up roughly 60% of the total production cost of each railcar. As a result, shortages in steel, price increases, or the movement of steel mills abroad will increase the cost of the company's operations.[3]

  1. TRN 2010 10-K PART I "Business" pg 1-2
  2. TRN 2010 10-K PART 6 "Selected Financial Data" pg 19
  3. TRN 2010 10-K PART I "Raw Materials and Supplies" pg 4-5
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki