The images from the Midwest of livestock gathering on rooftops and submerged landscapes serve as a powerful reminder of the collective heartache this event has brought to countless residents, homeowners, farmers, and businesses across the region.
Among the larger businesses affected by the flooding, the nation's railways this week made it clear that this event will affect their results for the second quarter. Union Pacific
Meanwhile, JPMorgan Chase analyst Thomas Wadewitz expressed continued optimism for the group over the longer haul. While lowering forecasts for the aforementioned rail companies, plus Norfolk Southern
This Fool agrees, and I would add that one major rail company may look especially attractive in light of recent events. Although Canadian National
Further Foolishness:
- CSX is no frail rail.
- CNI made it to the Stock Madness 2008 Final Four.
- BNI is good enough for Warren Buffett.