RAIL News & Events

Stock futures are pointing lower ahead of the open, but markets are trading with a more constructive tone as investors react to a reversal in the energy shock that dominated markets earlier in the week. Oil prices, which had surged above $100 and briefly approached $120 per barrel during the escalation of the Iran conflict, are now pulling back after comments from Donald Trump suggesting the military operation could conclude sooner than previously expected. The shift in expectations is easing fears of prolonged disruption to energy shipments through the Strait of Hormuz and removing some of the inflation risk that had rapidly been priced into global markets over the past several sessions.The central macro story for markets remains the tug-of-war between geopolitics and macro fundamentals. The surge in oil earlier in the week raised fears that a renewed inflation shock could force central banks to delay rate cuts, particularly after the energy spike threatened to push transportation and manufacturing costs higher worldwide. As crude prices retreat, however, some of those stagflation concerns are temporarily fading, allowing risk assets to stabilize.Investors remain cautious because the underlying geopolitical situation remains fluid and any renewed disruption could quickly send oil prices higher again and reignite volatility across equities, bonds, and currencies. Traders are therefore watching headlines closely for signals about whether tensions are truly easing or simply entering a temporary pause.In pre-market trading, S&P 500 futures fell 0.25%, Nasdaq futures fell 0.14% and Dow futures fell 0.31%.Check out this morning's top movers from around Wall Street, compiled by The Fly.HIGHER -Vertex Pharmaceuticalsup 6% after announcing data from a pre-specified Week 36 interim analysis of the ongoing Phase 3 RAINIER trial of povetaciceptBungeup 4% after authorizing the repurchase of up to $3B of the company's common sharesUP AFTER EARNINGS -United Natural Foodsup 2%DOWN AFTER EARNINGS -BioNTechdown 18%FreightCar Americadown 15%Casey's General Storesdown 3%Kohl'sdown 2%Vail Resortsdown 2%HP Enterprisedown 1%

S&P 500 futures staged a rip-roaring 100 point rally in the final hour of Monday's trading above 6,815 following CBS News headlines relating that President Trump deems the Iran war to be largely over, with Tech - particularly Semis and Hardware - ending the day as the best sector in the index.  Speaking to reporters this evening however, Trump has seemingly walked back the rhetoric interpreted as de-escalation with remarks that while he expects the war to be over soon, this will not happen this week.   In the opening hour of the evening session, the S&P 500 contract is down 0.3%, back below 6,800 mark, with Nasdaq 100 futures also falling back by 0.3% below the 25,000 level.The headline-roulette volatility was similarly apparent in the energy market, as WTI Crude Oil futures had fallen all the way down to $81 per barrel on the initial reports of Trump comments on Iran.  The evening session is seeing the contract trade north of $88.On Tuesday, traders will still tune in to CPI data, albeit the February release has been made less relevant by the stagflationary threat brought on by the Middle East escalation and oil markets shock uncorked last weekend.Check out this evening's top movers from around Wall Street, compiled by The Fly.HIGHER AFTER EARNINGS -HP Enterpriseup 1.1%ALSO HIGHER -Joby Aviationup 3.1% after announcement company will begin U.S. Operations in 2026 under White House Air Taxi ProgramDOWN AFTER EARNINGS -FreightCar Americadown 19.6%Myomodown 11.3%Yalla Groupdown 9.0%Yextdown 4.1%Casey's General Storesdown 2.2%Vail Resortsdown 1.2%ALSO LOWER -Diversified Energy Companydown 2.1% after equity offering

Reports Q4 revenue $125.57M, consensus $144.95M. "In 2025, FreightCar America executed with discipline amid a challenging industry environment, delivering revenue in line with our expectations while producing exceptional profitability," said Nick Randall, president and CEO of FreightCar America. "During the year, we capitalized on demand by leveraging our customer-centric approach of tailored solutions, including conversions and customized offerings, while also growing market share in new car deliveries. This execution, combined with our manufacturing flexibility and ongoing implementation of operational initiatives such as our TruTrack program, contributed to improved Adjusted EBITDA margins and strong free cash flow generation, further strengthening our financial position."

Sees FY26 adjusted EBITDA $41M-$50M. Sees FY26 railcar deliveries 4,000-4,500. Randall continued, "As we enter 2026, we remain focused on converting backlog into profitable deliveries while continuing to invest for growth. We are deploying capital effectively to diversify our revenue base, expand our aftermarket business and presence in the tank car market to further strengthen our offerings and capture demand, while continuing to evaluate strategic opportunities that fuel future growth. Overall, with a strong commercial strategy, a lean and flexible operating model, and an efficient manufacturing footprint, we are well positioned to perform in the current environment and to accelerate as industry fundamentals improve.