The acquired portfolio, primarily freight cars (95%), has a 97% utilisation rate and a diverse mix of car types.

Shares of leasing services company GATX (NYSE:GATX) jumped 10% in the afternoon session after it struck a $4.4 billion deal ...

The transaction comes as the megabank is determined to simplify its operating model and shed units that have slower growth ...

Shares of GATX climbed after the company's new joint venture with Brookfield Infrastructure notched a deal to buy Wells Fargo's rail assets for a book value of about $4.4 billion. The stock rose 8.8% ...

Wells Fargo exits rail leasing with a major sale to GATX and Brookfield Infrastructure, transferring more than 125,000 rail ...

Wells Fargo & Co. agreed to sell the assets of its rail equipment leasing business to a venture between Brookfield ...

The financial sector stocks were slightly higher amid a decline in Treasury yields and as inflation moved closer to target. Shares of GATX climbed 9% after the company's new joint venture with ...

A new joint venture of GATX Corp. and Brookfield Infrastructure Partners L.P. have entered into a definitive agreement to ...

Wells Fargo said on Thursday it has signed a deal to sell its rail equipment leasing business to a newly formed joint venture ...

Wells Fargo to sell rail assets to joint venture for $4.4 billion, with GATX and Brookfield owning 30% and 70% respectively.

Ulta reported earnings per share of $6.70, beating the consensus estimate of $5.77. In addition, the company reported sales of $2.85 billion, beating the consensus estimate of $2.79 billion, and ...

Wells Fargo (WFC) stock garnered retail attention on Friday after the company agreed to sell its rail equipment leasing ...