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Trump’s FRA appointee ‘positive’ for U.S. railroad stocks, says TD Cowen
The Fly

Trump’s FRA appointee ‘positive’ for U.S. railroad stocks, says TD Cowen

President Trump has selected David Fink, former President of Pan Am Railways, to be the next Administrator to the Federal Railroad Administration, TD Cowen tells investors in a research note. The move came “surprisingly early” and should be favorable to the U.S. railroad stocks, which include CSX (CSX), Union Pacific (UNP), and Norfolk Southern (NSC), the firm says.

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