Stay informed with free updates Simply sign up to the Automobiles myFT Digest — delivered directly to your inbox. Workers at a Mercedes-Benz plant in Alabama rejected joining the United Auto Workers union on Friday, a major setback in labour’s campaign to organise foreign-owned carmakers across the US south. The National Labor Relations Board said…
Sundry Photography/iStock Editorial via Getty Images Investment Thesis Union Pacific Corporation (NYSE:UNP) is rated as a buy as operations improve. We believe the new management will continue implementing significant improvements that will enable UNP to unlock superior shareholder returns. Previous management delivered a poor multi-year operational performance and at its current valuation, UNP is a…
Atlantic Union Bankshares Corporation (NYSE:AUB) Q4 2023 Earnings Conference Call January 23, 2024 9:00 AM ET Company Participants Bill Cimino – Senior Vice President of Investor Relations John Asbury – President and Chief Executive Officer Robert Gorman – Executive Vice President and Chief Financial Officer David Ring – Executive Vice President and Wholesale Banking Group…
mixmotive Annual Update Union Pacific is a long-term member of my investing universe. I last wrote about the company and provided an intrinsic valuation about a year ago (Union Pacific Stock: Intrinsic Value Update). This article updates the key sector statistics, provides a valuation update and an investing recommendation. Rail Sector Overview The US rail…
JHVEPhoto/iStock Editorial via Getty Images Introduction It’s time to talk about the Union Pacific Corporation (NYSE:UNP), the economy, trends going into 2024, and my investment strategy. As most of my readers know, Union Pacific is one of my high-conviction investments, as it accounts for 6.1% of my current portfolio value. This makes it the fourth-largest…
Don’t worry, this isn’t an article to either espouse or attack the current global climate change agenda. Debating whether the earth will perish in a few years or not isn’t my plan. While not only being a believer and investor in the Bitcoin echo-system, I am also an avid supporter of start-ups and innovators supporting…
Recently in the news, a Pennsylvania Bill, the “Cryptocurrency Energy Conservation Act”, was stripped of language that would have created a 2 year moratorium on Bitcoin mining. The author of the bill, Rep. Greg Vitalli, cited staunch resistance to the moratorium stating “the strong opposition to sweeping changes to the state’s environmental laws is being…
Stay informed with free updates Simply sign up to the Automobiles myFT Digest — delivered directly to your inbox. The United Auto Workers on Saturday said it had reached a tentative labour agreement with Fiat Chrysler parent Stellantis, which would raise wages and end a six-week strike. The deal is a significant victory for the…
Atlantic Union Bankshares Corporation (NYSE:AUB) Q3 2023 Earnings Conference Call October 19, 2023 9:00 AM ET Company Participants Bill Cimino – SVP, IR John Asbury – President and CEO Rob Gorman – EVP and CFO David Ring – Head of Commercial Banking Doug Woolley – Chief Credit Officer Conference Call Participants Casey Whitman – Piper…
David McNew Research Note Summary In today’s research note, I covered a rail company, Union Pacific (NYSE:UNP), which I gave a buy rating. This Omaha-based company with roots going back to the 1800s, and trading on the NYSE, has shown strength in the category of dividends and free cashflow, as well as being reasonably valued…
Retirement savings have always been a priority for hardworking individuals, especially those who belong to unions or serve as firefighters. These individuals dedicate their lives to protect and serve their communities, often putting their own safety on the line. Ensuring that they have a secure financial future is just one way to show appreciation for…
DjMiko/iStock via Getty Images Anyone familiar with my investment style knows that I am a big believer in railroads. I was almost married to them, but recently sold all of my railroad stock. My largest holding was Union Pacific (NYSE:UNP), representing 7% of my entire portfolio. I have been worried about Union Pacific for some…
PM Images We continue to cover regional banks that we have previously covered or recommended looking for signs of weakness in the sector since the collapses of regional banks in March. One small regional that we follow is Atlantic Union Bankshares Corporation (NYSE:AUB), and we think upside remains here after a rally since the early…
The Western Union Company (NYSE:WU) Q2 2023 Results Conference Call July 26, 2023 4:30 PM ET Company Participants Tom Hadley – Head, IR Devin McGranahan – CEO Matt Cagwin – CFO Conference Call Participants Will Nance – Goldman Sachs Andrew Schmidt – Citi Bryan Keane – Deutsche Bank Darrin Peller – Wolfe Research David Togut…