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ARI 1Q earnings rise
American Railcar Industries late Wednesday reported first-quarter net earnings of $17.9 million for its first quarter ended March 31, up a substantial 49% from the prior-year quarter, mostly on strong…
Record 4Q, full-year earnings for ARI
St. Charles, Mo.-based American Railcar Industries late Wednesday reported record fourth-quarter earnings of $24.4 million, up from $5.1 million in the fourth quarter of 2011. Revenue for the quarter was…
ARI in tank car pact with ACF Industries
American Railcar Industries, Inc. late Thursday said it has entered into a purchasing and engineering services agreement with ACF Industries, LLC. ACF will build rail tank cars at its Milton, Pa., plant,…
Greenbrier to Icahn: No deal
The Greenbrier Companies has firmly rejected Carl Icahn-led American Railcar Industries’ conditional proposal to acquire Greenbrier for $22 per share. The offer “is unacceptable and not in the best interests…
ARI to Greenbrier: $22, take it or leave it
American Railcar Industries late Wednesday disclosed that it had raised its offer for railcar builder Greenbrier from $20 to $22 a share.
Greenbrier plus ARI: Let the games begin
The Greenbrier Companies, one of only a handful of remaining domestic railcar manufacturing companies, late yesterday said that Carl Icahn’s current attempt to have American Railcar Industries (ARI), of which…
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