Genesee News

RailAmerica Inc., the railroad operator controlled by Fortress Investment Group LLC that reached an all-time high last week, is poised to reap about 30 percent more for investors as a takeover target.

A number of train carriages and freight containers were swept in to the Edith River during flooding associated with a tropical cyclone.

GREENWICH, Conn. - Genesee & Wyoming Inc. reported traffic volumes for April 2012.

GWR Global Water Resources Corp. , Global Water Resources, Inc. announced today that the Goleta Water District has approved the adoption of Global Water's FATHOM Utility-to-Utility Solutions for a Customer Information System , inclusive of electronic billing and payment for a multi-year billing services contract.

GWR Global Water Resources Corp. , Global Water Resources, Inc. and Thames Water Utilities Ltd in the United Kingdom today announced that they have entered into an agreement to demonstrate the power of Global Water's FATHOM platform for Thames Water's commercial customers.

The firm currently has a $67.00 target price on the stock. Genesee & Wyoming opened at 54.78 on Monday.

The Delta Democrat Times reports that a grant of $400,000 came from the Mississippi Department of Transportation and a $135,000 grant came from the Mississippi Department of Archives and History.

GWR Global Water Resources Corp. and Global Water Resources, Inc. today announced the official launch of its cloud-based, geo-spatial customer information system - a critical addition to its FATHOMTM Operating System .

In trading on Tuesday, railroads shares were relative leaders, up on the day by about 2.5%. Leading the group were shares of Genesee & Wyo , up about 8% and shares of Kansas City Southern up about 2.5% on the day.

GREENWICH, Conn. - Genesee & Wyoming Inc. reported net income in the first quarter of 2012 of $22.2 million, compared with net income of $22.1 million in the first quarter of 2011.

Experience has taught Joe A. Gilbert, a portfolio manager at Integrity Asset Management, to be a pragmatic optimist.