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Technical Analysis
- 8/28/2008 1:34:10 PM
By Chip Brian, SmarTrend Analytics Team
GATX Corp. (NYSE:GMT), a marine and rail leasings company, announced Thursday its fourth-quarter adjusted income rose to $31.6 million, or 62 cents a share, compared to $28.7 million, or 51 cents a share in the year-ago period. Revenue rose to $326.7 million, from $305.1 million a year ago. The Company said that it expects 2008 earnings of $3.15 to $3.35 a share, well above Wall Street expectations. Shares of GATX rose $1.69 to $35.12 in afternoon trading.
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