The Railroad industry in North America is an oligopoly with a handful of players dominating the market. From an investment perspective railroads are solid long-term investments with consistent growth and stable and growing dividends. As a cyclical sector, railroads tend to follow the overall state of the economy. Railroad stocks were flat to down until …
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India’s benchmark S & P BSE Sensex closed at 27836 yesterday and is up by 6.6% year-to-date. The index entered the bull market (rise of over 20%) this week. In the past five year the index has gained about 49%. In the last 10 years the index has more than doubled with a return of 137%. Here …
Which sectors pay the highest dividends and are the cheapest globally? According to a report by Schroder’s based on the MSCI World Value Index, financials have the highest dividend yields as shown below and are the cheapest based on P/E ratio. However many financials especially those in developed Europe are shaky and are struggling. So …
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The Panama Canal Expansion opened on June 26, 2016. The giant project to upgrade the canal took nine years and $5.4 billion. After this expansion, the canal can now accommodate ships carrying up to 14,000 containers (“Triple E” ships). Here is a short video of the expansion: Source: The Panama Canal Expands, The Wall Street …
The Gotthard Base Tunnel (GBT) under the Alps in Switzerland is the world’s deepest and longest train tunnel. Tunneling began in 2002 and the 35-mile tunnel was opened in June, 2016. The entire project cost the Swiss $12.2 billion. The GBT would allow some 2oo to 250 freight trains daily to move freight from Northern to Southern …
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