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Before last year, paid sick leave was generally not offered to railroad workers. That's instead of joining all the other major freight railroads in negotiating jointly with rail unions on an agreement over pay and benefits. The rail industry reached the brink of a strike in the fall of 2022 before Congress and President Joe Biden intervened to force rail workers to accept a contract. Union Pacific, BNSF and Norfolk Southern now have paid sick time agreements in place with all their unions. Canadian National also trails behind the big U.S. railroads, but still offers sick time to about 46% of its U.S. workers.

Persons: —, Ed Dowell, CPKC “, ” CPKC, That's, Patrick Waldron, ” Waldron, “, CPKC, Joe Biden, wouldn't Organizations: Rail, CPKC's, American Train, Association, Kansas City Southern, Canadian Pacific, CSX, Union Pacific, Norfolk, Canadian Locations: OMAHA, Neb, Kansas City , Missouri, CPKC's U.S, Minnesota, U.S, Calgary, United States, Kansas City, Kansas, Canadian Pacific, North America, BNSF, Norfolk Southern

☆ Cramer names railroad stocks to watch as Red Sea troubles shake up freight routes
▼ + stars: | 2024-01-31 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Wednesday suggested railroad stocks may be starting to climb. "Boy is that terrific for the West Coast operators, and there you're thinking about Union Pacific and Canadian Pacific Kansas City." Cramer reviewed earnings reports from Union Pacific , Canadian Pacific Kansas City , CSX and Norfolk Southern , saying all except the latter have potential. Canadian Pacific Kansas City saw the largest volume growth of the bunch. If investors feel confident about the economy, they have Cramer's "blessing to stick with Union Pacific, Canadian Pacific, or CSX — in that order, by the way — and forget about Norfolk Southern for the moment."

Persons: CNBC's Jim Cramer, Cramer, we've, — you've Organizations: West Coast, Union Pacific, Canadian Pacific, Canadian Pacific Kansas City, Norfolk, Pacific's, Canadian, CSX, Norfolk Southern Locations: Yemen, Red, West Coast, Suez, East Coast, Canadian Pacific Kansas, Canadian Pacific Kansas City, CSX, Canadian Pacific, Ohio

☆ CSX CEO on economy: Feeling good about the demand side
▼ + stars: | 2024-01-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCSX CEO on economy: Feeling good about the demand sideCSX CEO Joe Hinrich joins 'Squawk on the Street' to discuss the company's quarterly earnings results, his thoughts on the broader economy, and more.

Persons: Joe Hinrich Organizations: CSX

☆ Three-Stock Lunch: American Airlines, CSX and Papa John's
▼ + stars: | 2024-01-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThree-Stock Lunch: American Airlines, CSX and Papa John'sEva Ados, ER Shares chief investment strategist, joins 'Power Lunch' to discuss three stocks: American Airlines, CSX and Papa John's.

Persons: Papa John's Eva Ados, Papa John's Organizations: American Airlines, CSX Locations: Papa

CSX's fourth quarter profit slipped 13%, but the railroad reported hauling slightly more freight and kept its trains running smoothly. The Jacksonville, Florida-based railroad said it earned $886 million, or 45 cents per share, during the quarter. The results for the latest quarter were in line with what the analysts surveyed by FactSet Research predicted on average. CSX's expenses crept up 4% to $2.36 billion during the quarter. CSX is one of the nation’s largest railroads, operating trains on more than 20,000 miles (32,000 kilometers) of track in 23 Eastern states and two Canadian provinces.

Persons: railyards, Joe Hinrichs Organizations: FactSet Research, CSX Locations: Jacksonville , Florida

☆ Here's what I'm watching to see where the market goes next after the S&P 500 record close
▼ + stars: | 2024-01-21 | by ( Jim Cramer | ) www.cnbc.com time to read: +10 min

We don't know what we want. The rails are too significant to ignore even as the bond market seems to rely, I would say, wrongly, on the broader data. I think it's a factor of big money flows that aren't sensitive to what moves rates and don't mind being wrong. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Tesla, ServiceNow, Bill McDermott, Russell, —, Abbott, Gamble, Jon Moeller, Heels, what's, hasn't, Steve Jobs, Ray, Kimberly, Clark, Jim Cramer's, Jim Cramer, Jim, Virginia Sherwood Organizations: Union Pacific, CSX, Norfolk Southern, Federal Reserve, Silicon Valley Bank, Microsoft, Nvidia tacking, Google, Apple, Nvidia, JPMorgan Healthcare Conference, Abbott Laboratories, Investing, JPMorgan, Novartis, Walgreens Boots Alliance, Procter, Super, YouTube, Netflix, Vision, Pro, Jim Cramer's Charitable, CNBC, NYSE Locations: U.S, Silicon, San Francisco, Amgen, China

☆ The 4 most important things we're watching in the stock market this coming week
▼ + stars: | 2024-01-20 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

Fortunately, we'll get useful information in the coming weeks as earnings season ramps up and updated inflation data is released. We really want to see more supply come into the market to provide some relief on shelter costs. Looking to next week, we'll get a several key economic updates and a ramp up of earnings releases. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Persons: Morgan Stanley, we'll, Procter & Gamble, we've, We're, we're, We'll, Forex, Brown, BRO, Zions, CrossFirst, Johnson, Lockheed Martin, Horton, ERIC, Baker Hughes, Abbott, ABT, Clark, BOK, Monro, Simmons, United Community Banks, Lam, Ethan Allen Interiors, Raymond James Financial, Sherwin, Williams, Northrop, Murphy, Arthur J, Levi Strauss, LEVI, Booz Allen, Jim Cramer's, Jim Cramer, Jim, John Gress Organizations: Nasdaq, Microsoft, Nvidia, Tesla, Apple, Bank of America, Reserve, Procter, Gross, Citigroup, of Hawaii, United Airlines, Logitech International S.A, AGNC Investment, Agilysys Inc, Great Southern Bancorp, Enterprise Financial Services, Independent Bank, Home Bancorp, RBB Bancorp, TrustCo Bank Corp, Gamble Co, Verizon Communications, 3M Company, General Electric Co, GE, RTX Corporation, Halliburton Company, HAL, Lockheed, Ericsson, Bank, GATX Corporation, MakeMyTrip, National Bancorp, Synchrony, Webster, Atlantic Union Bankshares Corporation, Invesco PLC, Peoples Bancorp Inc, Sandy Spring Bancorp, Netflix, Texas Instruments Incorporated, Steel Dynamics, Canadian National Railway Company, NBT Bancorp, East West Bancorp, Covenant Logistics Group, Inc, Hanmi, National Bank Holdings Corporation, Premier Financial, QCR Holdings, Renasant Corporation, Triumph, Veritex Holdings, ASML, SAP, Textron, Oriental Education, Technology Group, First BanCorp, General Dynamics, OFG Bancorp, Prosperity, TE Connectivity, United Community, Blue Foundry Bancorp, Capitol Federal, HBT, Teledyne Technologies, Business Machines, IBM, Las Vegas Sands Corp, Lam Research, United Rentals, Berkley Corp, Crown, International, Packaging Corporation of America, Seagate Technology plc, CACI, Swift Transportation Holdings, Ameriprise Financial, Concentrix Corporation, First Bank, Liberty Energy, Pathward Financial, Columbia Banking, CSX, American Airlines Group, NextEra Energy Inc, Alaska Air Group, Dow Chemical Co, Valero Energy, Southwest Airlines Co, Nextera Energy, Williams Co, Union Pacific, Applied Industrial Technologies, Mobileye, Northrop Grumman, Comcast, Nokia, TAL Education, McCormick & Company, Intel, Visa Inc, Gallagher, Co, KLA Corporation, Western Alliance, Mobile, L3Harris Technologies, Western, Olin Corporation, American Express Co, Booz, Booz Allen Hamilton Holding, Colgate, Palmolive Co, Norfolk Southern Corporation, Jim Cramer's Charitable, CNBC, Gamble's Locations: Procter &, U.S, China, ZION, Freeport, Kimberly, Las, W.R, Chicago

ATLANTA (AP) — It's a fight over land in one of rural Georgia's poorest areas, but it could have implications for property law across the state and nation. A hearing officer will take up to three days of testimony, making a recommendation to the five elected members of the Georgia Public Service Commission, who will ultimately decide. Railroads have long had the power of eminent domain, but Georgia law says such land seizures must be for “public use." “This is not a taking of necessity from private property owners to serve truly public interests and the public as a whole. The case matters because private entities need to condemn private land not only to build railroads, but also to build other facilities such as pipelines and electric transmission lines.

Persons: —, Donald Garret Sr, won’t, ”, Daniel Kochan, Ben Tarbutton III, Janet Paige Smith, ” Smith Organizations: ATLANTA, Georgia Public Service Commission, Sandersville Railroad, CSX, Atlanta . People, Heidelberg Materials, Sandersville, Institute for Justice, Railroads, Virginia's George Mason University, Community Coalition, Southern Poverty Law Locations: Georgia's, Georgia, Sparta, Atlanta, New London , Connecticut, Heidelberg

☆ CSX Train Carrying Molten Sulfur Derails in Kentucky
▼ + stars: | 2023-11-24 | by ( Dan Frosch | ) www.wsj.com time to read: 1 min

Rockcastle Middle School was being used as an evacuation center in Mt. Vernon, Ky., Wednesday. Photo: WTVQ/Associated PressHundreds of emergency workers in Kentucky were trying to put out a large fire on Thursday after a freight train carrying molten sulfur derailed a day earlier in Rockcastle County. The derailment of the train, operated by CSX , prompted evacuations in the small town of Livingston, authorities said. Andy Beshear declared a state of emergency due to the derailment, which involved 16 cars, according to the Florida-based train operator.

Persons: Andy Beshear Organizations: CSX, Gov Locations: Mt . Vernon, Ky, Kentucky, Rockcastle County, Livingston, Florida

State officials said Friday they were monitoring the air for traces of hydrogen sulfide and sulfur dioxide, but there had been no detection of those substances at the derailment site or the nearby town of Livingston since Thursday morning. McCann said an access road has been built to reach the derailment area and a handful of crashed train cars have been removed. The CSX train derailed around 2:30 p.m. Wednesday near Livingston, a remote town with about 200 people in Rockcastle County. CSX said the cause of the derailment and what caused the sulfur to ignite are still under investigation. Officials said they are also monitoring water quality in the area but a nearby creek is dried up and doesn't have moving water.

Persons: “ We’re, Joe McCann, McCann Organizations: CSX, Energy, Environment Cabinet, Environmental Protection Agency Locations: LIVINGSTON, Ky, Kentucky, Livingston, Rockcastle County

LIVINGSTON, Ky. (AP) — A railroad company promised hotel rooms and Thanksgiving meals for people asked to evacuate a small Kentucky town after a train derailed, catching fire and spilling chemicals. The CSX train derailed around 2:30 p.m. Wednesday near Livingston, a remote town with about 200 people in Rockcastle County. Two of the 16 cars that derailed carried molten sulfur, which caught fire after the cars were breached, CSX said in a statement. CSX promised to pay the costs of anyone asked to evacuate, including a holiday dinner. He asked the public to keep in mind the emergency workers and people forced to spend Thanksgiving away from home.

Persons: Crews, It’s, Andy Beshear Organizations: CSX, Environmental Protection Agency, EPA, Kentucky Gov Locations: LIVINGSTON, Ky, Kentucky, Livingston, Rockcastle County

☆ CSX Train Derails in Kentucky, Spilling Molten Sulfur
▼ + stars: | 2023-11-23 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +1 min

(Reuters) - A train derailment involving 16 cars, two of which spilled molten sulfur, sparked a fire north of Livingston, Kentucky, railroad operator CSX said on Wednesday, prompting officials to tell residents to evacuate. The cause of the derailment and the scale of the fire were not immediately clear, though ABC News said one crew member suffered minor injuries. "We will work together with local authorities to secure the area and safety is our top priority as we develop a recovery plan," CSX said on its website, adding that the burning of molten sulphur releases sulphur dioxide gas. Giving initial details of the incident, which took place at about 2:23 p.m., it said at least 16 cars were involved, two carrying molten sulphur that lost some of their contents, which then caught fire. Short-term exposure to colourless sulphur dioxide can harm the human respiratory system and make breathing difficult, the U.S.

Persons: Andy Beshear, Beshear, Harshit Verma, Brijesh Patel, Clarence Fernandez Organizations: Reuters, CSX, ABC News, U.S . Environment Protection Agency, Facebook Locations: Livingston , Kentucky, Livingston, Rockcastle, U.S, Bengaluru

☆ A lot of industrial development in the Southeast is in our network, says CSX CEO Joe Hinrichs
▼ + stars: | 2023-11-16 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA lot of industrial development in the Southeast is in our network, says CSX CEO Joe HinrichsCSX President and CEO Joe Hinrichs joins 'Mad Money' host Jim Cramer to talk quarterly results, export pricing, growth opportunities and more.

Persons: Joe, Joe Hinrichs, Jim Cramer Organizations: CSX

☆ CSX CEO Joe Hinrichs goes one-on-one with Jim Cramer
▼ + stars: | 2023-11-16 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

CSX CEO Joe Hinrichs goes one-on-one with Jim CramerCSX President and CEO Joe Hinrichs joins 'Mad Money' host Jim Cramer to talk quarterly results, export pricing, growth opportunities and more.

Persons: Joe Hinrichs, Jim Cramer CSX, Jim Cramer Organizations: CSX

☆ The holiday spending outlook is sluggish across thousands of retailers: CNBC Supply Chain Survey
▼ + stars: | 2023-11-06 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +11 min

Photographer: Christopher Dilts/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty ImagesAs holiday shopping season begins, lack of big orders from retailers is the rule amid fears that consumer spending will be weak, according to a new CNBC Supply Chain Survey. At the CNBC Evolve Global Summit last Thursday, Target CEO Brian Cornell said the company is doubling down on its cautious outlook for the holiday season. The CNBC Supply Chain Survey was conducted October 21-October 31 among logistics executives who manage freight manufacturing orders and transportation, including those at C.H. Lunar New Year and order volumes The CNBC Supply Chain Survey underscores an overall climate of uncertainty that is defining the market right now. The freight trucking recession Trucking companies get paid per load, and the low expectations for orders imply potentially lower revenue this holiday season.

Persons: Christopher Dilts, Robinson, Noah Hoffman, Hoffman, Jeremy Barnum, Brian Cornell, Raj Subramaniam, restocking, Kuehne, Nagel, Paul Brashier, Tim Robertson, Robertson, Brian Bourke, Elmer Buchta, Jeff Bezos, Uber, Brashier, Berkshire Hathaway, Alan Baer Organizations: Bloomberg, Getty Images Bloomberg, Getty, CNBC Supply Chain Survey, North American Surface Transportation, CNBC, Global, FedEx, Chain Survey, SEKO Logistics, USA, ITS Logistics, Amazon, Maersk, Logistics, Convoy, Tank Transport, U.S ., Union Pacific, BNSF, Norfolk Southern, CSX Locations: Chicago , Illinois, C.H, U.S, China, United States, Montana, Indiana, Panama, West Coast, U.S . West Coast, Los Angeles, Berkshire, West, East Coast

The new portals, equipped with high-speed cameras, will take hundreds of pictures of every passing locomotive and rail car. Unlike previous versions, these new inspection portals will be able to capture all sides of a train that passes through them with well-lit images. University of Delaware professor Allan Zarembski, who leads the Railroad Engineering and Safety Program there, said it's significant that Norfolk Southern is investing in so many of the portals. The Atlanta-based railroad didn't say how much it is investing in the technology it worked with Georgia Tech to develop. That crash put the spotlight on railroad safety nationwide and prompted calls for reforms.

Persons: carmen, Allan Zarembski, David Clarke, ” Clarke, “, Norfolk, We’re, John Fleps, Alan Shaw's Organizations: Norfolk Southern, Rail, University of Delaware, Railroad Engineering, Safety, CSX, University of Tennessee’s Center for Transportation Research, Georgia Tech Locations: OMAHA, Neb, Norfolk, Ohio, Leetonia , Ohio, East Palestine, Atlanta, Palestine

☆ CSX CEO Joe Hinrichs on earnings and consumer: We're seeing 'encouraging' start to current quarter
▼ + stars: | 2023-10-20 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCSX CEO Joe Hinrichs on earnings and consumer: We're seeing 'encouraging' start to current quarterJoe Hinrichs, CSX CEO, joins CNBC's "Squawk on the Street" to discuss the rail company's third-quarter earnings.

Persons: Joe Hinrichs Organizations: CSX

☆ The Dow's transportation index is ringing alarm bells about the broader stock market
▼ + stars: | 2023-10-20 | by ( Matthew Fox | ) www.businessinsider.com time to read: +5 min

A decline in transportation stocks is sending a worrying signal about the broader stock market. Transportation stocks are viewed as a leading indicator because they point to the movement of goods around the country. AdvertisementAdvertisementA steady decline in transportation stocks is sending a worrying signal about the broader stock market and its chances to stage a year-end rally. If companies are seeing a slowdown in growth and their stock prices fall, it could be a grim warning for the rest of the economy and stock market. AdvertisementAdvertisementAnd if the latter happens, crucial support levels would be broken and investors' highly anticipated year-end rally in the stock market, partly explained by bullish seasonals, would be on thin ice.

Persons: —, Hunt, Dow Jones, bullish seasonals, J.B, Shelley Simpson, Robert Isom, We're, Isom, Joe Hinrichs, Hinrich, Dow, Manuel Blay, TheDowTheory.com, Dow Industrials Organizations: Service, Dow Jones Transportation, United Airlines, American Airlines, CSX Transportation, Dow, Industrial, CNBC, CSX Locations: Israel

☆ Morning Bid: To 5% and beyond, bond yields soar
▼ + stars: | 2023-10-19 | by ( ) www.reuters.com time to read: +5 min

The company earnings picture, meantime, was mixed to sour over the past 24 hours in both the U.S. and Europe. Despite decent demand at a typically awkward 20-year bond auction on Wednesday, yields continued to spiral higher overnight and ahead of Fed Chair Jerome Powell's key speech later on Thursday. The upshot of all factors has seen Treasury yields climb ever higher through the night - with two-year and 20-year yields , now both above 5.25%, the latter at a record high and the former the highest since 2006. Ten and five-year tenors also saw yields soar to within a hair's breadth of 5% early on Thursday too. The ructions in the bond market and incoming earnings saw Wall St indexes (.SPX), (.NDX) hit their lowest in 10 days on Wednesday and futures were in the red again ahead of the open today.

Persons: Brendan McDermid, Mike Dolan, Jerome Powell's, Republican Jim Jordan, Blackstone, Philip Morris, Jerome Powell, Philip Jefferson, Michael Barr, Lorie Logan, Austan Goolsbee, Raphael Bostic, Patrick Harker, Christina Fincher Organizations: New York Stock Exchange, REUTERS, Federal Reserve, U.S, Netflix, Republican, Bank of Japan, Mortgage Bankers Association, HK, Fifth Third Bancorp, Philip Morris , Union Pacific, CSX, Truist Financial, American Airlines, Alaska Air, Philadelphia Fed, U.S . Federal, Dallas, Chicago Fed, Atlanta Fed, Treasury, Housing, Reuters, Thomson Locations: New York City, U.S, Washington, Venezuela, Europe, Frankfurt, Freeport, McMoRan, China

(AP) — CSX reported a 24% drop in the railroad's third-quarter profit Thursday as it hauled 2% less freight, but the CEO said customers are noticing that its trains are running more smoothly. The Jacksonville, Florida-based railroad said it earned $846 million, or 42 cents per share, in the quarter. Hinrichs said customers are noticing that the railroad's service has been consistently better over the past year, and that is opening the door to more conversations about increasing the amount they ship on the railroad. Three CSX employees have died on the job since June, prompting unions to call for better training and a review of the use of remote-control locomotives. CSX is one of the nation’s largest railroads, operating trains on more than 20,000 miles (32,000 kilometers) of track in 23 Eastern states and two Canadian provinces.

Persons: ”, Joe Hinrichs, Hinrichs, Mike Cory Organizations: — CSX, FactSet Research, CSX, ” Revenue Locations: OMAHA, Neb, Jacksonville , Florida

☆ The Fed needs to take its foot off the economy's throat, says Ariel's Charlie Bobrinskoy
▼ + stars: | 2023-10-19 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed needs to take its foot off the economy's throat, says Ariel's Charlie BobrinskoyCharlie Bobrinskoy, Ariel Investments Vice Chairman, join 'Closing Bell Overtime' to talk the Federal Reserve, CSX earnings, the U.S. economy and more.

Persons: Charlie Bobrinskoy Charlie Bobrinskoy Organizations: Ariel, Federal Reserve, CSX Locations: U.S

☆ Stocks making the biggest moves after hours: SolarEdge, Knight-Swift Transportation and more
▼ + stars: | 2023-10-19 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

The company reported adjusted earnings per share of $1.46, surpassing analysts' expectations of $1.41 per share. Knight-Swift Transportation — Shares soared 14% after the freight transportation company reported a beat on the top and bottom lines for the third quarter. The company's revenue of $2.02 billion exceeded analysts' expectations of $1.89 billion. Western Alliance posted third-quarter earnings of $1.97 per share, while analysts polled by FactSet forecast $1.91 per share. CSX — The transportation company's shares dipped about 1% after the company's third-quarter earnings fell short of analysts' estimates.

Persons: Zvi Lando, LSEG, Darla Mercado Organizations: Enphase Energy, Swift, Western Alliance, FactSet, CSX, Revenue

☆ Stock futures are little changed as traders look ahead to key Fed Chair Powell speech: Live updates
▼ + stars: | 2023-10-18 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

S&P 500 futures ticked up 0.06%, while Nasdaq 100 futures gained 0.1%. In after-hours trading, electric vehicle juggernaut Tesla slid 4% after the company missed expectations on earnings and revenue in the third quarter. During Wednesday's regular trading, stocks sold off sharply as Treasury yields surged to multiyear highs. Interest rates will be back in focus Thursday as traders look ahead to a key speech at noon ET from Federal Reserve Chair Jerome Powell. Even as inflation numbers have been showing signs of improvement, Treasury yields' continued climb is raising questions on how the central bank may proceed on monetary policy.

Persons: Tesla, LSEG, Jerome Powell, —, Jeff Cox Organizations: New York Stock Exchange, Stock, Dow Jones, Nasdaq, Netflix, Dow, Federal, Truist, American Airlines , Union Pacific, CSX

☆ Here are 3 things to watch in the stock market after a very difficult week
▼ + stars: | 2023-10-14 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +10 min

MS YTD mountain Morgan Stanley YTD We certainly hope Morgan Stanley's numbers are as good as Friday's report from our other bank holding Wells Fargo (WFC). Morgan Stanley is expected to grow revenue by more than 2% year over year to $13.2 billion in the third quarter. During a recent conference, Morgan Stanley executives said that capital markets will likely improve in 2024. Shares of Morgan Stanley have struggled this year, dropping more than 8% compared to the S & P 500's nearly 13% advance in 2023. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Stocks, WTI, Jerome Powell's, There's, Patrick Harker, John Williams, Harker, Austan Goolsbee, Lorie Logan, Powell, Christopher Waller, Philip Jefferson, Waller, Jefferson, – Morgan Stanley, Gamble –, Morgan Stanley YTD, Morgan, Jim Cramer, Morgan Stanley, there's, Gamble, Jim, we'll, Charles Schwab, Goldman Sachs, Johnson, Philip Morris, — CNBC's Zev Fima, Jim Cramer's, Spencer Platt Organizations: Nasdaq, Dow, Columbus Day, West Texas, Federal Reserve, Club, Fed, Market, Philadelphia Fed, New York Fed, Chicago Fed, Dallas Fed, United Auto Workers, General Motors, Chrysler, Ford, National Association of Realtors, Procter, Procter & Gamble, Natural Resources, Exxon Mobil, Coterra Energy, of America, United Airlines, Gamble, Housing, Netflix, Alcoa, American Airlines, Taiwan Semiconductor Manufacturing Company, Alaska Air, CSX, American Express, Jim Cramer's Charitable, CNBC, New York Stock Exchange, Getty Locations: Israel, U.S, New, Wells, KBW, Silicon, Manhattan, New York City

☆ Regional banks are in focus in the week ahead as third-quarter earnings season ramps up
▼ + stars: | 2023-10-13 | by ( Sarah Min | ) www.cnbc.com time to read: +7 min

Regional banks will be in focus in the week ahead as traders head into the thick of third-quarter earnings season. Regional bank earnings are also expected to be a weak point this season. But a closer look into the sector's sub-industries showed that regional banks are anticipated to have tumbled by 15% last quarter. Traders parsing through regional bank earnings will pay special attention to signs of narrowing net interest margins (NIM). Earnings season underway Many investors anticipate that the third-quarter earnings season will be alright.

Persons: Wells, Kumar, FactSet's John Butters, NIM, They'll, JPMorgan Chase, Jamie Dimon, Goldman Sachs, Morgan Stanley, FactSet's Butters, Nancy Tengler, Lauren Goodwin, we'll, Goodwin, Charles Schwab, Lockheed Martin, Goldman, Zions, Kinder Morgan, Lam, McLennan, Philip Morris, Huntington Bancshares, —, Jesse Pound Organizations: Citigroup, JPMorgan Chase, Sri, Kumar, Silicon Valley Bank, Regional Banking, Dow Jones Industrial, JPMorgan, Hamas, Northern Trust, U.S . Bancorp, T Bank, Citizens Financial, Bank of America, Federal Reserve, Companies, Investments, New York Life Investments, Index, Johnson, Bank of New York Mellon, Goldman Sachs Group, Hunt Transport Services, Omnicom, United Airlines Wednesday, Housing, Elevance, Citizens Financial Group, Procter, Gamble, Abbott Laboratories, Discover Financial Services, Las Vegas Sands, PPG Industries, Steel Dynamics, Tesla, Netflix, Lam Research, Philadelphia Fed, Truist, Alaska Air Group, Fifth Third Bancorp, American Airlines Group, Marsh, Philip Morris International, Union, CSX, Comerica, Regions Financial, American Express, Interpublic, Cos Locations: Wells Fargo, Silicon, Ukraine, Israel, J.B, Las Vegas, Philadelphia, Truist Financial, Union Pacific, Freeport, Huntington

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